Fixed-rate, long-term (contract) plans provide stability in electricity rates. If market energy costs suddenly trend upward where you live, you can rest assured that you won’t have to pay more out of pocket. However, if you want to switch to a different, lower-cost plan before the end of the contract term, you’ll likely have to pay a cancellation or early termination fee.
Like other TDSPs, Oncor helps restore power to homes and businesses after an outage. The utility company also provides safety information for consumers experiencing electrical trouble during a storm. One of Oncor's safety tips urges businesses and households to create a storm safety kit with items such as batteries, water bottles and flashlights. It also suggests people avoid damaged power lines and immediately find shelter.
Most energy providers in Texas have planned for the increasing demand for power, creating 1 and 2 year energy plans that have the customers needs in mind. A fixed energy rate stays the same for the length of the contract preventing huge discrepancies on your end of the month bill due to fluctuating energy costs. This is great news for anyone moving to Texas or looking to switch providers during our hottest months. Snag a great fixed rate energy plan today and lock in the cheapest rate available. Some even come with free power weekends!

Fixed-rate, long-term (contract) plans provide stability in electricity rates. If market energy costs suddenly trend upward where you live, you can rest assured that you won’t have to pay more out of pocket. However, if you want to switch to a different, lower-cost plan before the end of the contract term, you’ll likely have to pay a cancellation or early termination fee.
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