Cheapest Electricity Company in Texas
Approximately, there are about 65 electricity companies in Texas.
Which of these 65 is the Cheapest Electricity Company in Texas?
First, let’s define what it is to be cheap. By definition, the word “CHEAP” means this; inexpensive, relatively low in price, costing very little.
If we do not know the real price of our electricity rate, how can we say that something is not cheap? Meanwhile, sales agents, just to close a sale, do not mention all the is involved in the energy price.
Electricity prices are not easy to understand.
Now, let’s see what the main components of an electricity rate are.
- Energy Charge: this is what the electricity company is selling you.
- Delivery Charge: cost of getting the electricity through the power lines.
- Taxes and surcharges: what we pay for sales tax and other fees associated with the city and the energy industry.
In general, the Cheapest Electricity Company in Texas separate all the charges. This makes an electricity bill very hard to understand. However, these are the 3 main components of what we pay for our electricity.
As mentioned before, sales agents will do anything to close a sale. Most of them will just quote the energy charge, which is about just 50% of the total cost of our home electricity.
The Black List.
As mentioned, yes, this sales agent may have the Cheapest Electricity Company in Texas. However, when the electricity bill comes in, we see that the price is not what it was expected.
Electricity rates and prices change every day.
Natural gas prices mark the megawatt whole sale prices. Natural gas prices change every day; therefore, home electricity does that too, change.
Electricity companies formulate electricity plans for customers, that formula includes the price fluctuation and risk.
Those plans can change any moment, so you may see one plan at 9 cents one day and the next day is at 11 cents.
In conclusion, I don’t think there is a way to find the Cheapest Electricity Company in Texas. One day could be this electricity company and the next day could be another electricity company.
The cheap is in our efforts. Lower our energy consumption, that is the only way to pay less for electricity.
There are so many ways to save on energy, jumping from one electricity company to another one is not the best way to do it.
Follow our Power Blog and try a few tips and you will see the difference.
One of the best ways to see your daily efforts to save energy is right after you sign up with a prepaid electricity company, try this one, Payless Power.
If you would like to see the complaint list of all Cheapest Electricity Company in Texas, click here.
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