Electricity Rates
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Choose a Laredo Energy Plan

Located on the Rio Grande, Laredo, a city that offers people the power to choose their electric company, has a long history spanning back to 1755. It is a principle port of entry into Mexico and has become one of the fastest-growing cities in the nation. With such prominent roots, the city and all of its barrios have embraced deregulation and has many Laredo energy providers available to its residents.

There is a wide variety of electric companies participating in the competitive Texas marketplace. If you find it difficult to compare electricity rates and need help finding a plan, SaveOnEnergy.com® can help determine which plan is best for you.

Comparing electric companies in Laredo

It is important to compare electricity rates from several retail electric providers. With all the choices throughout the AEP Central service area, it can be hard to determine which plan is best. In order to come to an answer, you should ask yourself a few questions:

    How much energy do you currently use per month?

    This is one of the most important questions to ask when beginning your search for a Laredo energy plan. This information, along with the price you pay per kilowatt hour (kWh), is located on your monthly bill. Once you determine your energy usage, you can better estimate, considering any fees included, your potential monthly bill with a new plan.

    What kind of rate do you want in your plan?

    There are two main rate choices: fixed and variable. The rate is how much you pay per kilowatt hour (kWh); when it's fixed, it remains the same through your term and when it's variable, it varies each month. Some people prefer a fixed-rate plan as it offers stability with a price-protected energy rate. Variable plans can offer the benefit of getting a low rate one month, but runs the risk of a higher rate the next. It's hard to say what your bill will look like every time, but be sure to carefully compare electricity rates from Laredo energy providers and check the details.

    What kind of perks are you looking for?

    Because everyone's needs are not the same, an ideal plan from a Laredo energy provider is not defined by only your usage patterns, but also your preferences in a plan. If you live in the Nye area, Eastern Division, or off the Bob Bullock Loop, you could be looking for renewable energy plans, referral programs or rewards programs. Many providers offer these perks, so be sure to read through each offering and decide if that plan works best for you.

    Do you have good credit?

    This question always makes people feel a bit weary, but don't stress. No matter your credit score, you can get Laredo energy plans from electric companies. If you have a low credit score, prepaid plans don't require a deposit or long-term contract, but you do prepay for your electricity. There is no monthly bill, so it's important to keep up with your account and usage. While you have to monitor this plan closely, it can get you the electricity you need without a credit check. If your credit is good, you have even more options. Some innovative plans include free nights of energy use and plans that come with smart thermostats that can automatically adjust when you're not at home.

See how Laredo energy plans compare with other cities nearby:

Big SpringCleburneCopperas CoveCorpus Christi
Del RioDickinsonEdinburgGeorgetown
Harker HeightsHarlingenKatyKingsville
League CityMansfieldMcAllenMidland
MissionMissouri CityPearlandPflugerville
PharrRichmondRosenbergRound Rock
San AngeloSpringStaffordStephenville
Sugar LandTempleTexas CityThe Woodlands

Now that you're more versed in the Texas electricity market, it's time to start shopping for a new energy plan. Take advantage of all that SaveOnEnergy.com® has to offer and secure a plan today!

Updated: 3-16-16.

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state facts pdf

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