Texas energy plan FAQ
What are the different types of energy plans?
The most common energy plans are fixed and variable rates, both of which you will see in the SaveOnEnergy marketplace.
- Fixed rate plans mean that the rates you pay for energy are set in your contract and won’t change for your entire term.
- Variable rate plans mean that the rate you pay is tied to the electricity market. When demand is high, your rate will go up.
What happens to my Reliant Energy electricity plan when I move?
When you move, you can bring your old plan with you or you can switch with no early termination fees. Because your new home will likely have different needs, we recommend switching, which you can sign up for up to 90 days before you move.
How do I switch energy providers?
If you’re not happy with your service or just want a change, switching is easy. If you’re on a variable rate plan, you can switch at any time with no early termination fees. If you have a fixed rate plan, you can switch up to 14 days before your contract ends with no fees. Just enter your ZIP code above and we’ll show you a bunch of new plans to choose from. Once you sign up, your new provider will take care of the switch.
What about deposits and credit checks?
Most electricity providers require us to run a credit check before they can offer you service. They do this so they can assess whether they will ask you to pay a deposit. If you don’t want to pay a deposit, there are a few options.
- Complete the normal credit check process. We’ll let you know which providers require deposits and which don’t. You can choose a no deposit option from there.
- Sign up for a prepaid plan. Prepaid plans do not require deposits since you pay for the energy you need before you use it. Keep in mind the rates may be slightly higher.
As for credit checks, it is still possible to get an energy plan without a check, though the options are more limited. Most likely, you will need to choose a prepaid plan. Learn more about deposits and all of these options on our deposit page.
