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.
According to the U.S. Energy Information Administration, the average household in Texas uses about 15,000 kWh of electricity per year — 26 percent more than the national average, “but similar to the amount used in neighboring states.” That said, the only way to know your personal average energy consumption is by looking at your electricity bills over the course of a year (you want to accommodate all weather conditions) and understanding both your overall usage, as well as if you use more or less during certain months.
Straightforward Pricing. Some Corpus Christi electricity companies offer low "introductory" or "promotional" rates for the first month or so of service. Before you know it, you're paying a much higher rate. Beware of tricky teaser rates from electricity companies trying to get your business. For electricity rates you can count on, choose Cheapest Electricity Rates.
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!
Which ones the best? Like all things energy, it depends. Do you prefer predictability, or do you like the idea of potentially saving some cash by monitoring the market? Our (albeit conservative) recommendation: Fixed rate is probably best. Energy prices are on the rise — the U.S. Energy Information Administration predicts a 3 percent increase in residential electricity prices in 2018.
Variable Rate Plans: Designed as month-to-month contracts, these plans are in total control of your energy provider, which can shift the price you pay per kWh at its discretion. This means you, the consumer, are in a better place to reap the benefits when the energy market falls — but it also means you're at risk for hikes in prices, whether as a result of natural disasters or the provider's bottom line. Variable plans always offer a full year of price history to show the average price per kWh so you can get a sense of what you're getting into (like this one from Switch Energy) and know this: Variable plans don't have cancellation fees. You can cut your service at any time — a huge incentive for Compare Energy Companies to keep their prices reasonable.
The Sparkling City by the Sea offers more than 400,000 residents fun activities, beaches, South Texas entertainment – and even energy choice from a variety of electric companies in Corpus Christi. If residential or business consumers are looking to find a new Corpus Christi energy supply plan, they can compare electricity providers and shop for Corpus Christi electric rates on supply.