1. After your contract ends, the energy company will send you a notification of your rate increasing to a variable rate (which usually translates to 2-3 cents higher/kWh by a certain date). They are supposed to notify you of this change. I've noticed as a customer, we get short-changed of one month from the contract rate (if you signed for 7 cents for 6 months, you'll only get that for 5 months). If you don't call, your rate goes up significantly if you don't call to change to a cheaper contract. Tell them you want the cheapest rate or you will cancel with their company.
When you enroll in Wise Buy Conserve 12 Plus, our 12-month fixed price plan, not only will you get the same great price for a full year, but also the convenience of automatic payments and paperless billing. Usage Credit: $25 per billing cycle when usage is greater than 999 kWh and less than 2001 kWh. For new customers. Cancellation Fee: $200. PUCT# 10177
Explore Houston electric rates below. If the ZIP code listed at the top is not yours, be sure to change it for the most accurate listings and supply rates. Electricity plans in Houston can be filtered in many different ways. If you're looking for a particular attribute, such as a low rate or a certain provider, be sure to use the sorting features. You can also click Company Info for more details on each provider.
I was unwillingly and unknowingly signed up by a Green Mountain energy Sales Advisor who approached me at a career event.I was approached by a guy who asked if he could just talk to me about what Green Mountain has to offer, even though I told him no. Although I am currently in a contract with my provider, and very satisfied with my current service, I decided to give this guy the benefit of the doubt and listen to his sales pitch (I'm in sales as well and was interested to see how effective he was)He informed me about some of the rates they offered and how they are "environmentally conscious" blah blah blah. He then asked if he could have my email address in order to send me rates, along with a 10-day promotional period where IF I decided I wanted to make the switch, I would be able to do so by clicking the link in the email. He guaranteed that they would handle everything with my current provider and make the switch a smooth transition. I reiterated the fact that I was not interested in switching, and that the contract I have in place is in my roommates name anyways. He said "No problem! This is NOT a promise of service. This is simply an option for you if you DO decide to switch.". Well, after reading all of these wonderful Yelp reviews on Green Mountain (sarcasm), I decided hell no, I'm staying with my current provider. 10 days later, I have an email from Green Mountain stating that I was now a customer. I immediately called them and told them I never gave consent to be a Green Mountain customer. Keep in mind, THIS GUY ONLY HAD MY NAME AND EMAIL ADDRESS. I could literally sign my dog up for Green Mountain, that's how easy it was for them to do it for me. Anyways, now I'm in a mess trying to get my other service turned back on, which they're charging $410 for a reactivation fee along with the early termination fee from this scam artist. Bottom line - do not speak with any sales associates from this company and if you do, don't give them ANY information.
Another unwelcome side effect of not knowing your average monthly kWh usage level is that you may end up paying more than you expect. This can occur when a customer inadvertently shops an electric rate based on a higher usage level than they actually use. Electricity suppliers commonly advertise their electric rates associated with the highest (2000 kWh) usage levels since those tend to be the lowest rates.
The increase in retail rates come as companies prepare for surging prices in the wholesale electricity markets where they buy their power. Forecasts of higher than normal temperatures and record power demand are coinciding with the shutdown of at least three coal-fired plants, leading to concerns that temporary shortages on the hottest summer days could send wholesale prices, which typically average less than $50 per megawatt hour, spiking to $3,000 per megawatt hour or higher. (A megawatt hour is 1,000 kilowatt hours.)
Thanks to energy deregulation in Houston, customers are now able to look around for lower rates, as suppliers are competing with one another. Residents can shop and compare rates and plans because there are more options for energy providers in Houston, helping consumers save money every month by signing up for more reasonably priced energy plans. Find out what energy prices in Houston look like today.