Compare The Cheapest Electricity Rates in Edgewood, Texas
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Find The Cheapest Electricity Rates in Edgewood
When Energy Deregulation was introduced in Texas in 2002 the energy market completely changed course. This meant that millions of Texans, including residents of Edgewood, finally had the power to choose their own electric suppliers and take advantage of cheap electric power plans.
With dozens of Energy Companies serving Edgewood, it is time-consuming and overwhelming to find the optimal plan for your home or business.
SlashPlan has figured out a way to do just that!
We will find the BEST energy plan for you, based on your preferences and historical energy usage patterns.
Read on to learn how you can get the cheapest electric rates in Edgewood…
Moving to Edgewood 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 so many options to choose from, it is extremely time-consuming to find the best plan.
Electric suppliers advertise low prices on their websites to lure new clients in, only to find many additional fees and charges written in very small text.
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.
You may ask, how do we make sure we’re finding the best price?
We monitor hundreds of electricity plans every day and present you with an unbiased comparison that takes into account all the different fees, credits, and discounts that you will receive based on your estimated electricity usage.
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.
If you need help with finding your historical usage, we have a great article explaining how it can be obtained, or as always, feel free to contact us and we’ll be happy to help.
Why Use SlashPlan To Compare Electricity Rates in Edgewood?
Many consumers don’t know that the power to choose energy is in their own hands. We can’t blame them though, many new residents are moving to Texas from regulated energy markets.
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.
Without using an energy comparison service like SlashPlan you may not be aware of all discounts you can take advantage of, or the hidden fees that will mysteriously show up on your bill.
Here’s 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). You might think that since both companies offer the same price, your bill would be the same. But it wouldn’t!
A standard practice in the energy industry is to offer Tiered Pricing. So you will only pay the advertised rate if your monthly usage falls under that specific tier. If we look back at our case, here’s what we mean:
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.
Now, let’s repeat the question. Who offers the cheaper price? The proper answer should be — “it depends”! It depends on your monthly usage, and multiple other factors, such as monthly base charges, usage credits, discounts, time of usage, etc… Estimating your final bill is impossible without taking all of these charges and credits into consideration.
That’s where SlashPlan comes in to help!
We display all-inclusive pricing from different providers in a standard, easy-to-read platform.
The final price is really what matters. To make sure you’re really getting a good deal, you need to be able to see the final monthly estimated price, including all fees and credits.
We’ve put all this information at your figure tips.
On our comparison page, you can sort, filter, and shop by price at YOUR specific usage level.
The rates we display on SlashPlan are the rates you’ll actually experience on your bill, inclusive of all hidden fees. We make sure that you’re not misled by the cheaper rates often advertised by electric providers… those advertised rates are associated with higher usage levels that many households never enjoy because their usage level never reaches that pricing tier.
SlashPlan has your back! We level the playing field and make shopping for cheap energy rates accessible and easy for everybody!
We supply you with all the info that you need in order to make the best purchasing decision. We only show rates from well-respected and reputable energy companies that you can rely on.
Even if you aren’t moving, you can save hundreds of dollars a year by switching providers. If you’re not locked into a contract with your energy provider you are likely overpaying.
Check how much you could be saving on your Electric Bill
Best Power Plans and Rates in Edgewood
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 Residential Electricity Rates in Edgewood, Texas
Homeowners in Texas have been paying an average price of 11.1¢ kWh (Kilowatt/Hour) for their electricity between 2001-2020. Since Retail Electric Prices are constantly fluctuating, it’s difficult to tell if the plan you’re currently enrolled in is offering you a good deal. The rates that you manually worked hard to compile may not be relevant by the time you sign-up. The energy company that gave you the best deal last year may no longer offer the best prices.
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.
Data for this chart was compiled from the U.S Energy Information Administration – https://www.eia.gov/electricity/sales_revenue_price/
How To Find A Reliable Power Company in Edgewood?
Most consumers are not aware that in Deregulated Energy markets, the energy companies that sell you power are not in charge of servicing and maintaining your electricity infrastructure. That job is done by a utility company (also known as TDSP).
Sound counterintuitive, right?
In order for energy prices to stay low and competitive, law-makers in Texas decided to eliminate monopolies by not allowing the TDSP’s to sell energy directly to the end-users.
The utility companies are, however, in charge of delivering the electricity to your home, and maintaining the power lines and the energy infrastructure.
Any issues related to power outages, blackouts, or the electric meter will need to be addressed by the utility company, and not your provider.
Now that I understand that, how does it affect me?
This means that the electricity 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 only offer green plans, others include no-deposit plans, etc…
Therefore, if you are comparing plans from different providers, as long as their prices are the same, you should focus more on the supplier’s customer service and early cancellation policy.
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 outstanding customer support.
Find The Best Energy Plans in Edgewood
Top 4 Things To Consider When Signing Up
Other than price, these are key points to consider when enrolling in a new plan:
Your monthly usage – Having your 12-month usage history will allow you to find the best plan for your usage habits.
Rate Type – Do you prefer a fixed-rate or a variable rate plan?
Term Length – 12 months is a standard enrollment term. If prices are low right now, take advantage of the low rates and lock-in a fixed price for 24 months or more!
Green Energy – Helping the environment by having your Electricity Provider 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.
If you’re still not sure and feel like you need some expert help, contact us today or check our guide on how to find the cheapest energy rate in Texas.
What Information Do I Need To Provide When Signing-Up?
It’s important to remember that SlashPlan is not your electricity provider. We created a platform that allows you to quickly 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 of the enrollment data.
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 normally 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 Edgewood
Business electricity rates in Edgewood can vary widely, depending on the size of the business, the type of industry, and the specific plan that is chosen. This can make it difficult for businesses to shop around for the best rates, as they may not have the time or resources to compare all of their options.
There are a few reasons why it’s hard to shop for business electricity rates. First, there are many different providers to choose from. Second, the rates offered by different providers can change frequently. Third, it can be difficult to compare rates because they are often expressed in different terms.
Despite the challenges, it’s important for business owners to find the best possible rate on their electricity. This can save them a significant amount of money each month.
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.
Fill out the form on our business energy page, or call us at (281) 747-8999 for more information.
Find Out How Much You Can Save
The average SlashPlan customer saves around 30% on their electric bills. 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 Edgewood
Enter Your Zip Code and Start Saving!
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