In summary, fixed-rate plans provide a level of certainty and stability in your energy charge since the price will not fluctuate over the life of your contract. If prices suddenly spike, you are protected because your rate is locked in. The flip side is that if rates drop over the life of your contract, you’ll be stuck paying the higher rate. You can incur steep cancellation fees if you change electricity plans or providers before the end of your contract term.
Once you’ve chosen the energy supply plan that is right for you, the hard part is over. The enrollment process requires only a few details to get your supply service started: your contact information, address and utility account number. You can find your utility account number on your utility bill on the top left corner under your name. After you’ve completed enrollment, your local utility company will be notified of the change and apply the new supply plan pricing to your next bill – no further action necessary. Get started now; enter your ZIP code above.
But competition didn't necessarily end up cutting prices, according to the report. One contributing factor is confusion among customers as they try to choose among scores of retail electricity providers and the overwhelming variation of plans, leading many to just stick with familiar companies rather than look for better deals, according to the Texas Coalition for Affordable Power .
Texas deregulated most of the state's electricity markets in 2002, a move aimed at lowering electricity costs by letting consumers choose their own electric power providers and their own plans. Some parts of Texas continued to be regulated, including those whose power is proved by municipally-owned utilities, electric cooperatives and investor-owned utilities that operate outside the state's primary power grid.
Here you'll find some of the most competitive retail energy plans available in Pennsylvania and New Jersey, listed by utility service area. These plans have been vetted by the team of experts at Choose Energy — an energy shopping and comparison website — and are recommended based on short-term value, long-term value, lowest price, percent green and plan popularity by utility service area.
If you're a renter looking for shorter plan options, there might be energy solutions in your area that range from three months to one year. On the other hand, residents who are looking to settle into a home for a longer period of time can choose plans that last for more than one year. Are you searching for more than just the right supply rate and term length? Electric companies in Corpus Christi might offer features such as green energy products, customer referral programs and automatic bill payment services.
Electricity is deregulated in two Canadian provinces: Ontario and Alberta. Both markets showed price spikes in the first year of dereguation, but then settled down into a volatile but reasonably stable environment. Alberta's market is dominated by fossil fuel generation and as such reacts more closely to the price of natural gas. Ontario's generation mix is about 50% nuclear.
Reliant offers a variety of electricity plans in Laredo, designed to match what you're searching for. Whether you’re a sports fan or world traveler, you can get rewarded for paying your electricity bill. We run special promotions throughout the year and offer plans that let you save money when you use electricity on the evenings or weekends. If you're looking for an environmentally-conscious option, check out our wind power and solar sell back plans.