When you shop for Corpus Christi electricity rates on supply, you also will see offers for fixed-rate electricity plans. Unlike a variable-rate supply plan, fixed-rate electricity plans offer a supply rate that does not change for the duration of your contract. This means you'll pay the same amount per kilowatt hour of electricity you use. Fixed supply rates give you price protection and can make it easier to budget your electricity expenses.
Residents have claimed in recent months that they have received bills that are significantly higher than they have previously paid from the city's Utilities Department. The city earlier this year rolled out not only a new method for calculating those utility bills — going off the amount of water used as opposed to a winter average-based formula — and a new software system for compiling and issuing bills.
One of the most common types of plans you'll see is the variable-rate supply plan. Variable supply rates may change throughout your contract length. Often, variable supply rates can rise and fall monthly, and this could be attributed to the electricity market. Again, there are times when this supply rate can be low, but it also could spike during times of peak electricity demand, such as a summer heat wave. As you can imagine, when it's more than 100 degrees in Corpus Christi, people use a lot more electricity for air conditioning!
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