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How to Choose Between Texas Electric Companies

Deregulation of the power market in Texas has created a very competitive atmosphere for consumers. You can now choose from dozens of Texas electricity companies each with a different service plan and features. Use these tips to help choose between the various Texas electricity companies in business today.

Base Rates

Start by looking at the base rates each of the Texas electricity companies are offering for power. You want to immediately eliminate any providers that are charging far above market rates for electricity. You now need to delve deeper into each company. See whether the rates will increase during peak hours. Not all companies do this anymore. Check if the company is offering fixed or variable rates. Fixed rated mean you will pay the same rate no matter what for the duration of the contract. Variable rates will change with the markets. Variable rates can sometimes save you money although they are risky.

Green Energy Options

The next thing to look for is green energy options. If you want to protect the environment so that the air and water stay clean, then consider choosing Texas electricity companies that draw power from renewable sources. Some of the companies in Texas give you the option of having anywhere from 25 percent to 100 percent of your power generated by wind, solar or other renewable sources. Even getting a small amount of your power from green sources can make a difference.

Special Discounts or Rewards Programs

Look for special discounts or rewards programs when comparing texas electricity companies. These are now very common. You could get discounts for being in the military, using very little power or paying your bill online. Rewards programs could give you gift cards or movie tickets for free. Choosing a provider that has discounts or rewards programs in place will save you money every year.