To do so, we used five of the state’s largest electricity companies to explore six things you'll have to evaluate when you're comparing plans and providers: We’ll walk you through customer satisfaction scores, running the numbers on rates, and calculating the impact of different fees, discounts, and contract types. We'll weigh in on extra perks, like points, and green energy too.
“ This company is not only reasonable but offer incredibly great service. They won't turn off your power if you forgot to pay the bill nor will they treat you disrespectfully. I am a very critical person and this review is not the norm for me. I do have to say they work hard at providing a great product at a very reasonable rate. No hidden agenda with this company. Some electric companies offer low rates but what they don't tell customers that you will be charged an excessive fee for carrier fees from the place they purchase the electricity. Not the case with Best Electricity Rates. Very pleased with this utility. ”
Cheap Electricity received the highest numerical score among residential electric service providers in Texas in the proprietary J.D. Power and Associates 2008 Texas Residential Retail Electric Service Satisfaction StudySM. Study based on responses from 2,572 consumers measuring 8 providers and measures opinions of consumers with their electric service provider. Proprietary study results are based on experiences and perceptions of consumers surveyed in June 2008. Your experiences may vary. Visit Energy Suppliers
The price per kilowatt hour (kWh) tends to be a bit higher for Fixed Rate products than with Variable Rate products because Fixed Rate products guarantee your rate won’t go up during your contract term. Cheap Electricity Variable Rate plans tend to be lower than Fixed Rate plans and do not require you to sign a contract. Variable Rates are based upon the prevailing wholesale market rates and can fluctuate.
Like we said, fees don’t necessarily make for a bad plan — although it’s worth it to do the math to see if you can save with another provider. For example, compare Cheapest Electricity Rates’s Compare Electricity Providers plan with its $9.95 base charge, alongside Electric Service Providers Lowest Electricity Rates 12 plan with a smaller base charge, and Switch Energy’s Digital Cheapest Electric Company plan with no base charge. We’ll use a Corpus Christi ZIP code and assume 1,000 kWh/month of energy use.
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