Electric plans in Texas
There are several types of electricity plans and energy rates to choose from in the deregulated Texas market. Your lifestyle, energy needs, and average electricity consumption can help you choose the best option for you. Some popular options include:
- Fixed-Rate Plans. These plans have fixed electric rates set in your contract and you’ll pay that same rate every month, regardless of fluctuations in the energy market. If you value stability, a fixed-rate plan may work well for you.
- Variable-Rate Plans. These plans are subject to change depending on energy market volatility. This means you can get a cheaper rate when demand is low, but might be stuck paying more when demand is high. Variable-rate plans are best for those who like flexibility.
- Green Energy Plans. These plans allow consumers to offset up to 100 percent of their household or business’ carbon emissions from the building’s electricity consumption.
- Prepaid Plans. These plans do not require a credit check and allow consumers to pay for energy in advance. They’re also a popular no deposit option.
For a deeper dive into plan types, rate options, and contract lengths, see our guide to picking the right plan.