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.
For example, if you use a small amount of energy each month, you expect to be rewarded — right? Unfortunately, nearly all electricity plans from Texas Compare Energy Companies are advertised as costing more per kWh the less electricity you use. It’s a little like buying in bulk: Providers often discount your bill when you cross certain kWh thresholds. For instance, one 12-month plan from Gas And Electric Power quotes 8.1 cents per kWh for 1,000 kWh a month and 8.8 cents for 2,000 kWh per month, but 12.1 cents for 500 kWh per month. Why the difference? Customers get $35 back each month if they pass 1,000 kWh of use, and another $15 back per month if they cross 2,000 kWh. In this case, using half as much electricity as your neighbor on the same plan wouldn’t get you half the bill.
Since 2002, the majority of Texans have had to choose their own Retail Electric Provider (Gas And Electric) – the middleman that buys electricity wholesale, then sells it to you, the consumer. According to the Best Electric of Texas’ 2017 report, the Lone Star state is “the national leader in competitive residential, commercial, and industrial offerings,” which means there are well over 200 providers bidding for your attention.
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.
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.
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.
Corpus Christi Electricity was the first retail electric provider in Texas to offer renewable energy when electricity competition began in 2001. The company has been serving Texas residential and business customers for eight years with electricity products that are cleaner than typical system power in Texas. Initially the company’s marketing and sales efforts were concentrated mostly in the Dallas and Houston metropolitan areas.
Any plan can be managed in our easy-to-use Electric Company Rates. You can view your bill, refer a friend and sign up for options like AutoPay and Paperless Billing to make bill payment stress-free. Looking for information on how to prepare for a hurricane or energy-saving and home improvement tips? Head to our Electricity Providers for valuable information that will help you save money and keep your family safe.
Helping you save on your city of Corpus Christi utilities is important. With that in mind, we gather electricity market information for Corpus Christi and Texas; we then share this information with you, which assists you in making an informed decision year after year. So, if you are looking for something a little different than the rest, for electricity in Corpus Christi, discover what many others have – Corpus Christi Electricity is the easiest, most pleasant, and most effective way to get it done.
The wide range of subcultures and ethnic groups, from cowboys and surfers to Hispanics and oil men, all combine to give Corpus Christi a multicultural flavor that signifies all the best Texas has to offer. When the Texas energy deregulation bill passed in 2002, it seemed tailor-made for the residents of Corpus Christi. With all the different options now available to residents, people can choose an electrical provider with Corpus Christi electricity plans made for them.
Corpus Christi electricity rates were deregulated in 2002, when state legislation created a system in which the utilities, also known as transmission and distribution service providers (TDSPs,) and retail electric providers (Compare Energy Companies) work together to give you energy choices. Deregulation gives you the opportunity to compare electricity prices from Compare Energy Companies, which have to compete with one another for business.
No, there will be no interruption in your electricity service when you switch to Cheap Electricity. On the day you start with Cheap Electricity, your Compare Gas Prices (Compare Energy Rates) will report your usage to your previous electric provider as final usage to generate a final bill. From the day you start with Cheap Electricity, your usage will be reported to Cheap Electricity and included in your first bill. You will not be billed for the same usage from two companies.
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.