Many of you may have heard that the Compare Electricity Prices section at Compare Electricity is introducing a new way of applying for a license. E-Application or e-App, our new online application form, is quick, easy, and available 24 hours a day, 7 days a week! In conjunction with the e-Application, we will be transitioning to a preapproval process before applicants can sit for exams.
As a result, 85% of Texas power consumers (those served by a business not owned by an utility or a town cooperative) can select their electricity service from a range of retail electrical companies (resellers), or the incumbent energy company. The incumbent provider in the area still owns and preserves the regional power lines (and is the company to hire the occasion of a power blackout) and is not subject to deregulation. Customers served by cooperatives or local utilities can select an alternate electricity provider but only if they have actually “opted-in” to deregulation.
Fixed-Rate Plans: These plans are steady and predictable; the price per kWh you sign up for will remain that same for the entirety of your contract. (The only changes in your bill will be from forces outside of your Gas And Electric control, like changes in TDU fees, or changes in federal, state, or local laws.) Often fixed-rate plans will have a slightly higher price per kWh than others, but you're paying for the predictability. They're great if you live by your budget – and even greater if you happen to sign up when rates are low. The fixed-rate plans of our five Texas providers typically started at 12 months, with some extending up to three years, but we spotted a couple from Switch Energy that offered fixed rates for six month contracts as well.
TDU Delivery Charge: TDU stands for transmission and delivery utility — in other words, the utility company in your area that is actually piping the energy from the power generation companies into your home. (Remember, Compare Energy Companies in Texas are just the middleman.) The TDU delivery charge is set by the utility and is consistent from plan to plan and provider to provider within its service areas. For example, Electricity Companies , the TDU for Corpus Christi, charges the same delivery fee for all Electricity Price, Electric Service Providers, and Switch Energy plans. You don't typically get a choice in utility company, and therefore, these fees are pretty much unavoidable, non-negotiable, and won't factor into choosing an electricity plan or provider.
Remarkably, the average electric rate in Corpus Christi of 10.98 cents per kWh matches the statewide Texas average.3 That would seem to be a good indication for residents of the Sparkling City by the Sea. The only problem is that the median household income in Corpus Christi is $19,341—67 percent less than the national average.4 Which, if you’re anything like most Corpus Christians, makes getting a competitive, fixed rate all the more important.
Texas Compare Energy Companies have been competing for energy consumers' business for more than 10 years. There might be different Corpus Christi electric rates and supply plans available to you, but how do you know which one is the best fit? When consumers compare electricity providers, they have the ability to find the best energy solution for their home or business. Shoppers tend to search for a supply plan based on options such as term length, special rewards programs, competitive rates and more.