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Power Provider Texas

Posted on 5/19/22 at 10:22 am
Posted by STLhog
Nashville, TN
Member since Jan 2015
17718 posts
Posted on 5/19/22 at 10:22 am
How do I go about this picking my provider etc? Is there a decent guide out there?
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38723 posts
Posted on 5/19/22 at 10:32 am to
Powertochoose.org put in your zip and it will give you all the options and prices per kWh.
Posted by STLhog
Nashville, TN
Member since Jan 2015
17718 posts
Posted on 5/19/22 at 11:01 am to
Sweet. Thanks.
Posted by ABucks11
Baton Rouge
Member since Jan 2012
1151 posts
Posted on 5/19/22 at 9:47 pm to
You can user a smart meter tool to pull the data from your meter in the last year. This can help you calculate what you’ll spend. “Free nights “ and “free weekends” is typically not a deal.

LINK
They charge you super high outside of the “free times.” Also you will still pay a delivery fee to the transmission company during the “free time.”
Posted by Tiger_n_Texas
Member since Aug 2014
999 posts
Posted on 5/20/22 at 1:37 pm to
Like others have said, powertochoose lets you search rates and contracts of various providers. Most of these "providers" are actually just the different billing companies. For example in the Houston area, power is provided and lines maintained by Centerpoint. However there are tons of companies that put their spin on pricing and compete for your account.

Some pieces of advice ALWAYS make sure you are under a FIXED RATE contract. The stories you heard during the freezes the last 2 years are real but almost all were people "playing the market" on a variable rate. Usually the last 30-45 days of the contract you can switch providers with no penalties. That is when you shop for a new provider. I have yet to be offered a new contract with my current provider that offered a remotely decent rate. They are always much higher than the 'new customer' rates located on powertochoose.

Typically the longer the contract the better the rate. With that said I used to only have 6 month contracts. I'd pick a provider that had a really low rate for the fall/winter if I stayed under 1000kw, then switch to one for the spring summer where I knew I'd be over 1500-2000kw.

I don't pretend to know the energy market at all, but I just checked rates for my zipcode and they are double what they were a year ago. You'd have to weigh the pros and cons of a long contract at these rates. Will rates stay the same, go up, come back down? You could lock in a rate now and pay the cancelation fee if you think they will go down at some point.

READ the terms and EFL sheet to look for anything regarding cancelations and price adjustments.

Example I am currently in a 2yr contract:
4/21 - 4/23
$0.093 for 500kWh
$0.088 for 1000kWh
$0.086 for 2000kWh

Best I am seeing now is:
$0.163 for 500kWh
$0.159 for 1000kWh
$0.157 for 2000kWh
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38723 posts
Posted on 5/20/22 at 2:14 pm to
quote:

Best I am seeing now is:
$0.163 for 500kWh
$0.159 for 1000kWh
$0.157 for 2000kWh


Yep, I just had to renew and that's the best price I could find.
Posted by bnb9433
Member since Jan 2015
13709 posts
Posted on 5/20/22 at 2:19 pm to
Energy Ogre

They pick the best/cheapest company to fit your needs and pretty much do all the work for you. Been with them for over 4 years and no complaints
This post was edited on 5/20/22 at 2:20 pm
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38723 posts
Posted on 5/20/22 at 3:48 pm to
(no message)
This post was edited on 5/20/22 at 3:56 pm
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