Compare The Cheapest Electricity Rates in Driftwood, Texas
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Find The Cheapest Energy Plan in Driftwood
Energy Deregulation in Driftwood has allowed many of us Texans to choose the Energy Provider that best fits our needs and energy use patterns.
Finding the best power plan is now harder than ever. With so many options to choose from it gets time-consuming and overwhelming. Who has the time to do that?
We at SlashPlan built a comparison tool that pulls all the plans from different power suppliers in Driftwood and compares them to each other. We take into account all fees, credits, and discounts and present you with an all-inclusive monthly bill price that you would pay for each plan.
We will find the BEST energy plan for you, based on your preferences and historical energy usage patterns.
If you live in Driftwood, read on to find out how to get the best electricity plan…
Moving to Driftwood or Switching An Energy Plan?
You can establish a new plan when moving, or even switch electricity providers if you’re staying at the same address. Our goal is to make sure that you, as a consumer, are getting the cheapest and best possible bang for your buck!
With dozens of electric companies competing for your business and offering electricity services in Driftwood, it is extremely difficult to find that one plan that offers you the most savings.
Most of the supplier websites show you advertised rates in large text, only to charge you more later!
Would you rather compare plans using a manual Excel spreadsheet with hundreds of rows, or would you rather let SlashPlan find the best and cheapest plan for you?
Our service is 100% FREE.
How do we do that?
We monitor a large number of electricity plans, by different energy suppliers in Driftwood which updates daily, and we present them to you in one easy-to-understand list, with the cheapest rates showing first.
PRO TIP: The get the most accurate bill estimates, know your monthly usage. Ideally, pull the previous 12-month history from your current provider and enter them on our comparison page.
Why Compare Electricity Rates?
Most people, especially ones who move to Texas from out of state or from regulated energy markets are not aware that they have the power to choose their electric provider.
Electricity companies are there to make a profit, and they will use different methods to charge you more. They use difficult-to-understand pricing tiers and terminology that is now known to the average consumer.
It’s extremely difficult and time-consuming to find the absolute best price without using a sophisticated comparison service like SlashPlan has to offer.
Let me present you with a common scenario that we see all the time:
Assuming you narrowed down your search to 2 energy companies (Company A & Company B) that both advertise a price of 10¢ per Kilowatt Hour (kWh). Most people would look at it and think that the prices are identical, therefore their monthly bill would be identical too. Wrong!
Most of the prices that are advertised by the energy companies are Tiered Prices. This means that you will only pay the advertised rate if your monthly usage is within the specified tier. Going back to our scenario, it would look something like this:
Company A offers the advertised rate when your monthly usage is ABOVE 2000 kWh.
Company B offers this price when your monthly usage is UNDER 1000 kWh.
If we go back and repeat the same question. Who offers a better rate? The truth is, you can’t determine that without looking at a few other parameters… It depends on your monthly usage, and multiple other factors, such as monthly base charges, usage credits, discounts, time of usage, etc… Calculating your final monthly bill would not be possible without taking all of the above parameters into account.
That’s where SlashPlan comes in to help!
We show you the actual, all-inclusive prices that you can expect to pay on your bill. No hidden charges or surprises!
The best way to shop for electricity is to see all your options in one place, where all the fees and discounts are already included in the final price.
We’ve put all this information at your figure tips.
With our comparison service, you can finally sort and filter plans to match your specific criteria. The best options will show on top of the list by default.
To make sure you are not misled by the energy companies, we display all-inclusive prices on our platform. We include all the credits and discounts you will be getting based on your exact usage. Oftentimes, the rates that are advertised online are associated with the highest usage levels, which are usually the lowest. Don’t let these rates fool you. Most households do not reach the usage levels that are needed in order to qualify for these low rates.
SlashPlan has your back! We level the playing field and make shopping for cheap energy rates accessible and easy for everybody!
We’ll provide you with all the information available, showing you the best deals from the most respected, reputable providers in your area offering the best rates, terms, and customer satisfaction.
Are you not moving and still want to switch? Did you know that that by switching to a new provider at the end of your contract you can save hundreds of dollars every year? Lock-in a low rate today!
Check how much you could be saving on your Electric Bill
Best Electricity Plans and Prices in Driftwood
Please note: The rates above are updated periodically. Current energy rates may have changed since our last update. To get the latest energy rates in your area please go to our comparison page and enter your zip code. Energy rates shown above are for a residential monthly consumption of 1000 kWh in zip code 77043.
Average Household Electricity Rates in Driftwood, Texas
Homeowners in Texas have been paying an average price of 11.1¢ kWh (Kilowatt/Hour) for their electricity between 2001-2020. With prices changing all the time, it’s hard to know if you’re paying a fair price. The rates that you were last offered may no longer relevant by now, and all the time you spent comparing plans is gone down the drain.
Stop wasting time and overpaying for electricity
With SlashPlan you can compare and instantly get up-to-date unbiased energy rates, pre-sorted with the lowest prices showing first.
How To Find A Reliable Power Company in Driftwood?
You may not be aware but in a deregulated energy state like Texas, the energy company that is selling you the electricity is NOT in charge of maintaining the power infrastructure or handling outages. Instead, a different utility company, known as a “TDSP” is in charge of doing that.
Sounds odd, right?
To keep the energy prices low and eliminate monopolies deregulated markets don’t allow utility companies (aka TDU / TDSP) to sell electricity directly to the end user.
That’s how the market operates. The energy companies sell you electricity at competitive prices, and the utility companies deliver that energy to your home or business.
If you have a power outage, or have an issue with your meter, you will need to contact the utility company that services your area.
Now that I understand that, how does it affect me?
This means that the power that you receive to your home or business is literally all the same. Regardless of which company sells it to you. There is only 1 utility company that services your address, and they are the only company that delivers electricity to you.
So what are the differences between all the other energy companies?
They all have different structured plans and prices.
Some companies focus on Green Energy, while other focus on offering No-Deposit, or Short Term Variable plans.
If prices are the same, then the main differences that you should pay attention to are the provider’s customer service, early termination policy, and ease of communication.
When you sign up for a new plan using SlashPlan, you can be confident that you’re getting a great bargain, and will sign up with a reputable power company that has a proven track record of competitive prices and superb customer support.
Find The Best Power Plans in Driftwood
Top 4 Things To Consider When Signing Up
Other than price, these are key points to consider when enrolling in a new plan:
Monthly Usage – This will directly affect your effective price. To find the best possible price, it’s best if you have your previous 12-month usage history. You can then input that data into our calculator to find out exactly how much you will pay for the new plan.
Rate Type – Some people prefer a long-term peace of mind that comes with a Fixed Rate plan. Others prefer a more dynamic, sometimes lower rate that changes monthly according to the Electricity Price Index.
Term Length – Would you rather have peace of mind for the long term (12+ months), or would like to stick to a short-term 3-6 month plan?
Green Energy – Helping the environment by having your Electricity Supplier purchase Renewable Energy Credits on your behalf to offset the impact of energy generation on the environment.
To read more we have a blog with plenty of resources that explain everything you need to know about the energy market and useful cost-saving tactics and tips.
Our comparison page will instantly tell you which plan currently offers the cheapest price, based on your usage and the filters you select.
What Do I Need In Order To Sign Up?
It’s important to remember that SlashPlan is not your electricity provider. We created a marketplace that allows you to easily compare and sign-up (or switch) your electricity plan.
When you sign up for a new plan, your new provider requires us to send them some information about you to initiate the enrollment.
We do not store sensitive information on our servers and make sure to protect your private data. We will never sell or share it with anyone!
Most people prefer a streamlined online enrollment, if you feel uncomfortable submitting your information online you can also enroll over the phone.
This typically is the information an electric company will require you to provide:
- Full Name
- Service Address
- Billing Address
- Social Security Number or Driver’s License Number (to determine if a deposit is required)
- Requested service start date
- Meter Number – The number printed on your Electric Meter. It can also be found on your recent electricity bill.
Business Electricity Rates in Driftwood
Business electricity rates in Driftwood can vary widely, depending on the size of the business, the type of usage, and the length of the contract. This can make it difficult for business owners to shop for the best rates.
There are a few reasons why it’s hard to shop for business electricity rates. First, there are many different providers to choose from, each with its own set of rates and plans. Second, the rates can change frequently, so it’s important to stay up-to-date on the latest offers. Third, the terms of the contracts can be complex, making it difficult to compare apples to apples.
Despite the challenges, it’s important for businesses to find the best electricity rates possible. This is because energy costs can account for a significant portion of a business’s operating expenses. Even a small difference in rates can save a business a significant amount of money over the course of a year.
There are a few things that business owners can do to find the best rate.
Get quotes from multiple providers. Compare rates and plans carefully. Read the terms of the contract carefully. Shop for a fixed-rate plan, and consider signing a longer-term contract.
By taking the time to shop for the best business electricity rate, business owners can save money and improve their bottom line.
If you are shopping for a business energy plan, go over to our Compare Business Energy page and fill out the short form. We will gather and present you with all the up-to-date leading plans in the market from 30+ suppliers, all at no cost and with no obligations to you.
This process will cut so much time for you as a business owner and will let you easily select the right electricity plan. And even better, if you decide to sign up, the contract can be signed and executed with just an e-signature, so you can be done in just a few minutes.
New To Energy Deregulation? Need Help Finding a Plan?
As a SlashPlan customer, you can expect savings of 30% on average! Finding the Cheapest Electricity Rate shouldn’t cause headaches. With our free platform, you can finally shop, compare, and sign up to the best energy rates in Driftwood
Enter Your Zip Code and Start Saving!
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