3 Electric Company Options for Quality Service and Rates
Summer heats up the electric bill. Electricity rates are often higher in the hot summer months because electricity demand significantly increases. If you choose to enroll in a long-term fixed rate plan in summer, you may lock yourself into peak prices.
Whether you’re ending your plan soon or looking for cheaper options when rates lower, Colvin Electric is here to make sure you understand electricity rates in the Round Rock, Pflugerville, and Georgetown area.
What Is kWh?
Your electric meter reads your electricity consumption in kilowatt-hours (kWh). These numbers are important to know when calculating your annual energy use.
Electricity in Texas isn’t a simple matter.
Generally, “price per kWh” is based on a specific monthly usage (2000 kWh on average). When calculating your average use, we recommend taking a peek at the past year’s power bills. Each bill has a month’s worth of your consumption.
While everyone consumes energy differently, we can rely on decent rates and well-received reviews to look at electricity companies in the Austin area.
Do I Choose a Fixed-Rate Plan or Wholesale Price Plan?
First, let’s look at a long term fixed-rate electric plan, specifically 12-month contracts. These contracts can offer stability and lower prices than shorter term plans.
Some customers experience bills in the thousands when using wholesale price plans because of the varied demand throughout the summer and winter months. If it sounds too good to be true, it probably is.
There are some downsides to fixed-rate plans. One of which are termination fees for cancelling plans before the contract ends. So, if you lock into a plan, expect to maintain that plan until the end.
For now, we are focusing on 12-month electric plans. We went through Google reviews and pricing so you don’t have to.
Do keep in mind that some electricity companies run credit checks, so these plans may not be accessible to everyone. If you are in a good credit stance, we recommend the following plans for your family.
Options for Electricity Rates in the Pflugerville, Georgetown, and Round Rock area
Pulse Power Texas (3.7 Stars)
- Texas Saver 12 (12-month plan at $0.065 / kWh)
4Change Energy (4.2 Stars)
- Value Saver 12 (12-month plan at $0.089 / kWh)
- Maxx Saver Select 12 (12-month plan at $0.058 / kWh)
- Easy Saver 12 (12-month plan at $0.079 / kWh)
- Cash Money 12 (12-month plan at $0.099 / kWh)
Gexa Energy (4.4 Stars)
- Gexa Saver 12 (12-month plan at $0.072 / kWh)
- Gexa Saver Deluxe 12 (12-month plan at $0.061 / kWh)
- Gexa Saver Select 12 (12-month plan at $0.090 / kWh)
- Gexa Saver Supreme 12 (12-month plan at $0.073 /kWh)
Contact Colvin Electric
Once you’ve decided on a plan, you’ll need a Master Electrician to follow up on all of your home’s electric-related needs. Contact us today and book an appointment with an experienced electrician dedicated to a five-star experience.