If paying the deposit is an issue, you might want to consider a prepaid electric plan. Smart meter technology allows you to receive electronic notification on your account balance. This is a huge improvement over the old prepaid electric plans that required monthly true-ups. Because these electricity plans require zero deposit, they are a great way to get competitive rates while keeping some cash in your pocket.
Knowing electricity rate price trend history is valuable information because the rate that you sign up for will be the rate you pay for the length of your contract. If you moved into your home in the summer and you find yourself renewing your electricity plan every summer, you may be paying some of the highest rates offered for power all year long. It might be worth the expense to sign up for a short term plan as a stop gap measure until electricity rates are cheaper once demand isn’t as high.
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What can be better than cheap electricity from a reputable Texas energy company? Gexa Energy’s Gexa Saver Supreme 24 plan has an average of 8.7 cents per kWh for 1000 kWh of usage. The plan’s energy charge is12.4 cents per kWh but that cost lowers significantly if you use between 1000 – 2000 kWh in one billing cycle because you’ll receive a $75 bill credit.
In addition, if you rent an apartment in the Stemmons Corridor or Oak Lawn areas, you can find a supply plan that lasts for your lease term. Also, if you tend to move frequently, some energy companies in Dallas might have flexible supply options out there. No matter what REP meets your needs, get all the information you need to make an educated energy choice. Need some help making a decision? That's what ChooseTexasPower.org is here for! Call us whenever you'd prefer and discuss your energy possibilities with an energy representative.
While the best electricity provider for you is dependent on your specific budget and energy usage, you can’t go wrong with a plan from any of our top retailers. Consider what’s most important to you: Is it term-length? Green energy options? Rewards programs or home service offerings? No matter what, SaveOnEnergy.com can help you find the plan and provider for you.