Tips for Choosing the Best Texas Energy Company

• Energy costs are always on the rise. If you want to keep your utility costs down without compromising service, you’ll want to look for the best energy company in your area.

• In Texas, consumers can choose between several or more local energy companies. If you want to compare services and prices, start by reviewing your current electricity bill.

• Check to see what you’re paying for your basic electric rate, as well as other charges that may be assessed. Before you decide to switch providers, you’ll also need to find out when your contract expires. Plan to shop for another company at least a month or two before then.

• The Public Utility Commission of Texas requires all electric companies to provide consumers with an Electricity Facts Label, EFL.

• The EFL offers some useful information that can help you compare companies. When choosing the best energy company, the rates may not be the only thing to look at.

• Since rates can be quite variable, you’ll also need to look at some other things. If the company offers a low rate, they may add on some service fees each month. These fees can add up and may quickly make your monthly bill larger than you would like.

• If you have low electricity usage, beware of companies that have a minimum service charge. With a minimum charge, you’ll pay a certain amount per month, even if your electricity usage was lower.

• If you’re looking to save money, think about choosing a variable rate package. Variable rates may start out lower than fixed rates and could go lower during the contract period.

• If you’d rather not take a chance, think about going with fixed pricing. This will lock in electricity rates for the length of your contract. The best energy company will offer both types of options.

• When choosing a contract length, a longer contract may offer lower prices. Prices will remain the same until the contract expires.

• The typical contract length is one year, but you can choose a shorter or longer contract if you prefer. While there may be a monetary advantage to choosing a longer contract length, it may not always be the best choice.

• If you find that you haven’t chosen the best energy company, you’ll pay a penalty fee to get out of the contract.

• Finally, don’t forget about service when choosing an energy provider. It’s essential to choose a reliable Texas power company

that offers good customer service.

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