Thompsons Electricity Rates, Plans & Suppliers

The cheapest Thompsons electricity rate is 11.6 ¢/kWh, 44% lower than the average rate of 20.9 ¢/kWh.

41% are choosing plans with a contract length of 24 months, with 12 month contracts being the second most popular choice at 12%.

The average electric bill in Thompsons is $130, with average electricity usage of 1100 per month.
cheapest Electricity rates and plans in  texas
Stable Rate
Price
16.2 ¢ kWh
Term
24 months
Avg. Bill
$150 per month
Bill Credit
Price
11.6 ¢ kWh
Term
24 months
Avg. Bill
N/A per month
Very Low Bill
Price
11.7 ¢ kWh
Term
12 months
Avg. Bill
$190 per month
Respected Provider
Price
19.7 ¢ kWh
Term
12 months
Avg. Bill
N/A per month
Rates as of Jun 21, 2024 at 03:42 PM

Compare Thompsons Electricity Rates

We've researched the best providers and plans so you can find a great electricity rate in Thompsons

Company Term Rate
Frontier Utilities 24/months 11.6¢/kWh
Gexa Energy 24/months 11.6¢/kWh
Discount Power 24/months 11.6¢/kWh
Cirro Energy 24/months 11.6¢/kWh
4Change Energy 24/months 11.7¢/kWh
Express Energy 24/months 11.7¢/kWh
Chariot Energy 36/months 13.1¢/kWh
Veteran Energy 24/months 13.2¢/kWh
Amigo Energy 24/months 14.8¢/kWh
Just Energy 24/months 14.8¢/kWh
Rates as of Jun 21, 2024 at 03:42 PM

When do Electricity Rates Change in Thompsons Change?

As Thompsons moves into winter, you're going to see fixed rate electricity rates drop with the temperature. So if you're looking for cheap Thompsons electricity rates, fall to winter is the best time to to compare Texas electricity rates.

Video - What is The Best Thompsons Electricity Rate (June 2024)

How to Switch Electricity Companies in Thompsons?

Switching Electricity companies is simple and seamless with no interruption in service.

  1. When is it Time To Switch Your Power Company: Check your electricity company contract's end date, if you're within 45 days you may forward switch, or within 14 days you can switch without penalty. Your retail electric provider is required to notify you at least 30 days before a contract expires.
  2. Compare electricity rates Thompsons:If you can find a cheap new rate is dramatically lower it may be worthwhile to switch early and pay the ETF. Lets say youre on a 17 cent rate and youve found a great 11 cent rate. At 2000kWh per month at 17 cents is $340 and 2000kWh at 11 cents is $220. You could save $120 in the first month - so the $60 ETF is worth taking a hit on.
  3. Switch Electricity Company: Once you find a great Thompsons electricity rate and want to lock it in, you can schedule a forward switch up to 45 days in advance. Ensure you get proof of switch order and date, (you should get an email) and retain any emails for your records.

Thompsons's Top Electricity Companies

TexasElectricityRatings, rates the top electricity companies in Thompsons

Rank Provider Stars Award
#1 Champion Energy Services Champion Energy Services  Medal Provider
#2 Payless Power Payless Power  Medal Provider
#3 Constellation Constellation  Medal Provider
#4 Gexa Energy Gexa Energy  Medal Provider
#5 4Change Energy 4Change Energy  Medal Provider

Thompsons Energy Plans

There are over 200 plans across 40+ providers currently available in the Thompsons Market. They range from 1 month variable rate plans to 60 months in duration. The easiest way to break all this down is into three categories.

Fixed Rate Plans

Fixed rate plans have terms ranging from 3 to 36 months, and provide a "fixed" rate for your electricity usage.

Variable rate or Month to Month plans

Variable rate plans change on a monthly basis. They are good for those who need short term flexibility,, and cannot commit to a long term contract. Variable rate plans change monthly and may double or triple if there is a weather event. (And we've had a few in the last 5 years). We do not recommend these plans.

Pre-paid Plans

For those who have not built credit, or want to avoid paying a deposit, there are pre-paid plans. Prepaid plans require that you establish an account and fund a balance. Usually $25-$50. Once the account is funded, your electricity is turned on and every day your balance is reduced by the cost of electricity used that day. The provider will contact you via text, app and automated calls to add money to your account as the balance changes.

Thompsons Electricity Outage and Utility Information

If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance

Centerpoint Energy: 713-207-2222

Oncor Energy: 888-313-4747

AEP Central/AEP North: 866-223-8508

TNMP: 888-866-7456

Contact the Texas Public Utilities Commission with any other concerns:

PUC Customer Protection, P.O. Austin, TX 787111-3326.

Call 1-888-782-8477

Email the PUCT at customer@puc.texas.gov

Are You Moving to Thompsons?

Texas has a deregulated electricity market. That means Thompsons Electricity Companies compete for your business. Just like cellphone, Internet, Insurance and credit card companies that compete for your business. And just like those businesses there are plenty of ways that Texas electricity companies can take advantage of you, so we've made it easy. We've rated, ranked, and recommend Thompsons's best electricity companies and electricity plans that will make your move easy.

Getting your power turned on in Thompsons is easy. If your home has a smart meter, we can get your power turned on in 4-6 hours. Just enter your zip code to get started.

Compare Local Electric Rates

When shopping for electricity, you will see that rates and plan availability may vary by location. This is due to differences between local utility transmission and delivery fees.

That's why you need to enter your zip code to compare electricity rates in Thompsons.

Compare Business Electricity Rates in Thompsons?

You have the power to choose your Commercial and Small Business Electricity Rates in Thompsons. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.

Thompsons business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Thompsons or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.

Commercial Electricity Rates in Thompsons

Rates as of Jun 21, 2024 at 03:42 PM

Renewable and Green Energy Options in Thompsons

Over 30% of the energy produced in Texas is from renewable energy resources such as solar, and wind. In fact, Texas produces more green energy than any other state. And is one of the reasons that Texas has some of the lowest electricity rates in the US.

Every Texas energy provider has about 20% green energy in their mix of energy sources. You can see this in the Fuel Mix section of any Texas Electricity Plan EFL (Electricity Facts Label).

Most Texas electricity companies have a 100% green / renewable energy plan, where 100% of the energy you buy supports renewable energy generators. Some Thompsons electricity companies are exclusively green, where every plan is 100% green and prices and rates support 100% green energy and renewable generation.

The 3 types of renewable energy plans to select from:

Green energy term plans:
These are similar to traditional 3 to 12 month term plans with 100% green energy.
EV Charging Plans:
Plans targeted at EV owners that are "Time of Use" where you pay low rates at night (between 11PM and 5AM) and a higher rate during the day.
Solar Buy Back Plans:
Plans that allow homeowners who own their solar panels to sell excess power back to their provider or offset their electricity bill with excess power generated by their solar panels and may earn bill credits of up to .25 cents per kWh exported back to the grid.

Five Green Electric Plans for Thompsons

Company Term Rate
Gexa Energy 24/months 11.6¢/kWh
Chariot Energy 36/months 13.1¢/kWh
APG&E 36/months 15.9¢/kWh
Rhythm 24/months 16.4¢/kWh
Champion Energy Services 24/months 16.7¢/kWh
Rates as of Jun 21, 2024 at 03:42 PM

FAQ: Thompsons Rates, Plans and Providers

What is a cheap BKV Energy electricity rate in Thompsons?

Verbena 36 is the cheapest rate from BKV Energy. It is a 36 month plan with a rate of 16.700 cents per kWh.

You can order the Verbena 36 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website

Green Mountain Energy offers these plans in Thompsons

The following rates are available from Green Mountain Energy

Pollution Free e-Plus 24 Preferred17.20 cents per kWh

What Thompsons Tara Energy electricity plans are available?

The following rates are available from Tara Energy

Base Saver III - 2414.80 cents per kWh
Basics - 6018.50 cents per kWh
Basics - 3618.90 cents per kWh
100% Green Nights Free Plan - 3618.90 cents per kWh
Simple Choice - 3618.90 cents per kWh
Weekends Free Plan - 2419.50 cents per kWh
Simple Choice - 1219.90 cents per kWh
Weekends Free Plan - 1219.90 cents per kWh