While there are many different companies to choose your energy service through in Texas, there are just as many scams out there for individuals to avoid. For example, what you may think is a ‘cheap’ rate may actually just be an introductory rate that doesn’t extend past a certain amount of time, leaving you with a steeper bill than you expected. There are also several questions you need to ask yourself. Are your rates locked in over the life of your contract? Can your provider change the rates over an extended period of time? The answers to these questions will directly affect how much you end up paying for your electricity.
Rates in Texas for power vary from city to city, but in general providers set their own rates. There are literally hundreds of different electricity providers in the state of Texas, and if you live in a deregulated area of the state you may find yourself with options galore. The average cost of electricity in the summer is right around $300 and in the winter it falls substantially. But what you have to remember is that rates do vary and it is up to you to make the right choice.