Compare Laredo Electricity Rates

Laredo Electricity Rates

Thanks to the deregulation of the Texas energy market, Laredo residents are able to choose their electric company from a variety of available energy providers. The SaveOnEnergy™ marketplace makes it easy to shop for electricity plans and compare energy rates from multiple providers at no additional cost. Just enter your ZIP code above to get started.

How to find the best electricity rates in Laredo with SaveOnEnergy.com®

Due to deregulation, energy rates in Laredo tend to fluctuate throughout the year. In this environment, it is essential to shop around when rates are low in order to secure a lower electric rate. SaveOnEnergy allows you to find and compare electricity rates in your area. Here’s how to get started:

1. Enter your ZIP code. You will see a list of plans available in your area, allowing you to compare Laredo electricity rates offered by different providers.
2. Sign up for your plan. Once you’ve selected the right plan for you, sign up online or call the number on the screen to speak directly with one of our energy experts.
3. Enjoy your savings. Once you’ve signed up, your new electric provider will handle the transition of service. You can relax and enjoy your new energy plan.

Cheap energy prices in Laredo

As mentioned, electricity rates in Laredo fluctuate throughout the year. The Energy Information Administration (EIA) chart below demonstrates how Laredo electricity rates can change depending on the season.

Shopping for electricity with the SaveOnEnergy marketplace will allow you to secure the least expensive rates available in your area. Enter your ZIP code on this page to compare Laredo energy prices available near you.

Energy providers and utility companies in Laredo

The move to energy deregulation in Texas allows Laredo residents to choose their energy provider to supply the electricity for their homes. Your provider is in charge of buying electricity and selling it to consumers. But no matter which provider you select, your local utility company will still deliver your electricity, maintain the electrical infrastructure, and respond to power outages.

• Utility company in Laredo: The utility company in Laredo is AEP Texas. You cannot choose your utility company because it is based on location.
• Electric companies in Laredo: You can choose your Laredo energy provider. Some of the top providers in Laredo include 4Change Energy, First Choice Power, Payless Power, and TXU Energy.

Power outages in Laredo

No matter which energy provider serves you, your utility company will always respond to power outages. If you experience a power outage, contact AEP Texas:

• Report an outage online via the AEP Texas outage center.
• Call AEP Texas at 1-866-223-8508 to report an outage over the phone.

Electricity rates in my area

Because utility transmission charges vary by location, the electricity rates that companies offer customers differ as well. Because of fluctuating utility charges, the rate someone pays in one part of Texas may differ from what someone else pays for the same plan in Laredo. It’s important to search for rates near you to ensure you are comparing accurate electricity rates for your area.

How weather affects Laredo electricity rates

Laredo temperatures will change depending on the time of year. During the summer, it’s not unusual to see temperatures in the high 90s. But during the winter, temperatures can dip into the 40s. During the summer where temperatures are more extreme, people tend to consume more electricity. Because of the increase in demand, the price for electricity also often increases during these times of the year.

Energy demand — and therefore rates — tend to be lowest during the spring and fall. You may be able to secure a lower electricity rate by shopping for a plan during those seasons.

Moving to Laredo?

Home to more than 250,000 people, Laredo is located right on the Texas-Mexico border. The city has a rich history, strong culture, and plenty of activities for its residents. If you’re moving to Laredo, you  have the option of either bringing your existing electricity plan with you or switching providers. Enter your new Laredo ZIP code above to start shopping for energy companies in the city.

Types of plans in Laredo

Laredo residents can choose from several different types of energy plans. You can visit our guide to picking an energy plan, as well as learn about the most common types of plans you’ll find during your search.

Fixed-rate plans in Laredo

A fixed-rate energy plan comes with a contract that lets you lock in your rate for 12, 24, or 36 months. The primary benefit of fixed-rate plans is that your price remains fixed regardless of fluctuations in the energy market. The trade off, however, is that these plans may charge termination penalties if you cancel your contract early. These plans are best for consumers who value stability and predictability.

Variable-rate plans in Laredo

A variable-rate does not lock you into a contract or offer a fixed price. Instead, the rate you pay fluctuates based on the ups and downs of the energy market. A key benefit of this type of plan is that you are may save on electricity during low-demand months when the market price is lower. The downside that your rate could spike when demand is high, leading to higher electricity bills.

Green electricity in Laredo

Texas is a leader in green energy. The state ranks first in the nation for wind energy generation and near the top for solar energy generation. As a result, in most instances, consumers have an easy time finding affordable green energy plans.

Every green energy plan in Texas includes some form of renewable energy, and you can find out exactly how much in each plan’s Electricity Facts Label (EFL). For those interested in a more significant commitment to green energy, some providers specialize in offering 100% green energy plans. Those providers include Gexa Energy, Chariot Energy, and Green Mountain Energy.

Business energy plans in Laredo

Deregulation doesn’t just benefit residential consumers. Businesses in Laredo can also save compare their options when choosing their energy provider. If you are a business owner in Laredo, visit our business energy page to learn more about commercial energy plans. Explore current business electricity rates and lock in a plan.

Calculate your energy usage in Laredo

Our energy calculator can help you estimate your monthly electricity usage. To get started, add your daily usage for the most common household appliances you use. Then, we’ll recommend electricity plans based on your energy needs and house type.

SaveOnEnergy’s tips for easy electricity service setup

• Don’t forget to read your plan’s Electricity Facts Label before signing up. It contains important information including:
  • Price per kilowatt-hour based on your energy usage
  • The plan’s percentage of renewable energy sourcing
  • Early termination fees
• Enjoy hassle-free supplier setup. Once your order has been confirmed, your new supplier will set up service with your utility, or transmission and distribution service provider (TDSP) – but don’t worry, there shouldn’t be any interruption to your power during the switch.
• Understanding your electricity bill. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees can be found as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.