We usually refer to tiered rate and bill credit plans as gimmicky plans. Shopping based on your average usage lets you see your average price per kWh and your estimated monthly bill. You can pick from true fixed-rate plans, tiered rates or bill credit plans. And, we’ll show your estimated monthly electric bill. With our Electricity Bill Calculator, just enter your monthly usage to see what your average price will be. To find the cheapest fixed-rate plan for your home, you should shop based on your monthly usage. How Do I Find the Cheapest Fixed Rate Plan in Texas? You can learn more about different types of electricity plans (fixed, variable or indexed) in our article on that topic. Who wants to worry about whether electricity prices will go up? The alternative is a variable rate, where your price changes monthly based on market prices. Delivery charges are not fixed and your supplier passes those through at cost. The energy portion of your rate is fixed. A typical fixed rate term can be 12, 24 or 36 months. A fixed-rate electricity plan gives you the same rate per kilowatt hour of energy for the term of your agreement. What is a Fixed Rate Electricity Plan?įirst the basics. Public Utility Commission of Texas (PUCT)įixed rate electricity plans are the most popular electricity plans in Texas, offering convenience and security.Electricity for Hospitals, Clinics, and Medical Facilities.
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