Texas Electric Price Update

It's time to lock in your Texas electric rate today. If you live in Texas and have been thinking about what to do with your electricity rate - please lock in now. Prices are extremely favorable for those that can lock into a Texas electric plan today you should strongly consider it. If you are on a month-to-month rate - you should certainly switch to a locked in rate today. Summer heat and high summer bills are coming - that will also bring higher month-to-month rates. Since it usually takes about 45 days to switch, but only one billing cycle for your provider to increase your month-to-month rate - don't wait and get caught in the middle. They will be raising that month-to-month rate soon. Supply and demand...

The price of your Texas electricity is going to vary not just according to your use, but according to where you live, how the power was generated, and how it was delivered. We live in Texas and much of our power is from natural gas. Right now - natural gas is LOW and that means low Texas electric rates. These power plants are going to need MORE natural gas soon because of the increased demand for electricity - thus nigher natural gas costs. That's right - a higher electric rate as well. The utility will spread its costs out among its customers, and if its costs go up, so do your rates. Supply and demand and season can also have an effect on electricity and related items, with gas and oil prices often rising in the summer months, due to more demand from cars, businesses, power plants, homes, etc..

So, how can you reduce the amount you’re paying? Change the rate per kilowatt hour you are paying and cut down on your usage. After all, about nine percent each of the average bill is paying for heating water and lighting. Ten percent is space heating and sixteen percent is air conditioning. Computers, electronics, freezers, dryers and other devices make up the remaining forty percent.

All of the experts agree - lock in now - even the Chairman of the Public Utility Commission recently told people that now is the time to lock in your rate by shopping for the lowest Texas electric rate.