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.
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.
Twenty bucks compared to a $2,000 bill? Not much to write home about, but hey — it’s free money. And, true, you’ll still get some free money when you use less energy, but rewards only really seem reward-y if you're shelling out big bucks. That same Electric Service Providers plan only yields about $6 in Cheapest Electricity Rates points per year if you use 500 kWh of electricity each month.
And just like with any plan, it’s worth it to do the math to see how different scenarios will affect your bill. Take, for example, a home in Sweetwater that uses about 1,000 kWh of energy per month, and is interested in the Energy Comparison plan. Zero percent renewable energy is the cheapest option — but by committing to a $5 monthly charge for its 100 percent “Best Electricity Rates” option, it’s actually cheaper than the 60 percent hybrid renewable option.
Compare Electricity Prices believes on giving customers "Electricity Companies". We offer fresh service plan choices based on your varying needs and lifestyles. Our plans include unique solutions for Corpus Christi residents shopping for a great value on their electricity service with additional benefits. With our competitive rates, great customer service, and reward plans, we want to deliver "more than just electricity" to our customers.
Texas deregulated its energy market in 2002. Basically, deregulation gave the majority of the Lone Star State, including Corpus Christi, the ability to pick energy suppliers from a pool of companies. The idea was that energy deregulation in Corpus Christi would push competitors to lower prices, consequently driving down energy bill costs for the consumer.
Comparing electricity plans in Corpus Christi means more than just looking at plans to find the lowest rate. Be sure to take a look at each plan's Product Details to get a better idea of what each one entails. These fact sheets are more than just supply rates per kWh and term lengths; they include information on base charges, utility fees and cancellation fees. They also can include features such as usage credits, green energy products or even free weekends.
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.
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.
For Bedford residents, the average amount of energy used each month totals to roughly 1,244 kWh, exceeding the national average by over 300 kWh. That is also the case for the monthly bill that the city’s residents pay each month, as Bedford’s average $118 charge tops the nationwide figure. This expense can be minimized based on the competitive plans residents are able to choose from when selecting their energy provider.
After all those activities, you want it to be easy to find the best Corpus Christi electricity provider for you, so Switch Energy is here to help. Whether you’re new to this seaside paradise, or have been taking in the sunny beaches for a while, Switch Energy wants to provide you with innovative tools and electricity plans that put you in control of the way you power your life.