There are many different options for term lengths in the Texas energy market. Different term lengths often have different price points, so if you’re more flexible with the length of your contract, you could get a cheaper rate. Contracts with shorter term lengths are great if you prefer to avoid a long-term commitment while longer contracts usually provide the benefit of longer-term price stability.
Fixed rate electric plans lock you in to the same rate for the length of your contract. These contracts can last from 3 months – 5 years, but they typically last 6 months – 24 months. Regardless of how long you sign your contract for, you’ll pay the same amount per kilowatt-hour until the contract expires. It doesn’t matter if the price of electricity rises or falls during this time. This is why a fixed rate electric plan is best for those people who are looking for a long-term subscription. You’ll also want to have good credit, so you don’t have to pay a lot of money to get your electricity plan started.
The PUC’s mission is to protect customers, foster competition, and promote high-quality infrastructure. In addition to regulating the states electric utilities and implementing legislation, the PUC offers Texas residents assistance in resolving consumer complaints. If you have a complaint with your electricity company you can go to the official PUC website and file an informal complaint.