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Compare The Best Electricity Rates in Matador, Texas

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    Find The Cheapest Power Plans in Matador

    Energy Deregulation in Matador has allowed many of us Texans to choose the Energy Provider that best suits our needs and energy consumption patterns.

    With dozens of Energy Companies serving Matador, 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 Matador…

    Moving to Matador or Switching An Energy Plan?

    Whether you are moving to, or already live in Matador, we want to make sure you are making an informed decision and getting the cheapest energy plan that is offered in your area.

    With so many options to choose from, it is extremely time-consuming to find the best plan.

    Most of the supplier websites show you advertised rates in large text, only to charge you more later!

    Stop wasting time comparing different plans using a 200 row Excel spreadsheet!

    Using our service will not cost you a dime! Yes, it is completely FREE of charge.

    How do we do that?

    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.

    We’ve simplified the process so much that it now takes about 5 minutes to find and enroll in a new plan. Click on one of the boxes below to begin.

    Enter Zip Code

    Based on your Zip Code we will find and show you all the plans that are available to you. Finding the right plan is Easy, Fast and FREE.

    Compare Plans

    Our method allows you to compare the final prices of each plan. No more overcharges for plans that do not fit you usage pattern.

    Sign Up

    The signup process is SUPER easy and fast. In just 5 minutes you can start saving money on your electricity bills!

    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 Matador?

    Who you should compare electricity rates

    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.

    Like any other service provider, electricity companies always try to charge you as much as they can, and they use different tactics to make it happen, all while telling you that you’re getting a “deal”.

    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). 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. 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.

    So if we go back now and ask the same question. Which company offers a better rate? The answer to that is — it depends! 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!

    SlashPlan takes the guesswork out of finding the cheapest energy plan

    We show you the actual, all-inclusive prices that you can expect to pay on your bill. No hidden charges or surprises!

    For you to know you’re making the best decision, you need to have all the details in front of your eyes. Including all fees, discounts, and plan terms.

    Using our free service, you can now easily find this information in a matter of seconds!

    On our comparison page, you can sort, filter, and shop by price at YOUR specific usage level.

    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 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.

    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 Power Plans and Prices in Matador

    22.1¢ kWh

    22.8¢ kWh

    20.0¢ kWh

    16.1¢ kWh

    16.0¢ kWh

    12.1¢ kWh

    16.7¢ kWh

    18.5¢ kWh

    16.8¢ kWh

    13.3¢ kWh

    13.4¢ kWh

    12 month

    16.4¢ kWh

    16.4¢ kWh

    19.0¢ kWh

    12.7¢ kWh

    20.1¢ kWh

    19.3¢ kWh

    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 Matador, Texas

    The price of energy in Texas is changing all the time. Between 2001-2020, Texans have been paying 11.1¢ kWh (Kilowatt/Hour) on average for their electricity. With prices changing all the time, it’s hard to know if you’re paying a fair price. 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.

    Average Retail Price of Electricity in Texas by Month

    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 Energy Company in Matador?

    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).

    That’s confusing, 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.

    So the Retail Providers sell you the electricity, but the TDSP’s are the ones delivering that electricity to your home or business, and maintaining the infrastructure, such as power lines and poles.

    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.

    There are 5 main utility companies in Texas. Determine which utility company services your area.

    What does this mean for us, the retail consumers?

    The reason this introduction is important is because now you understand that the Energy Company you sign up with will not change the “quality” of your electricity service. You get the same electricity, from the same source, regardless of which provider you sign up with.

    So what’s the difference between all the other energy providers?

    The main difference is that they offer different plans, structures, and prices.

    Some companies focus on Green Energy, while other focus on offering No-Deposit, or Short Term Variable plans.

    Therefore, if you are comparing plans from different providers, as long as their prices are the same, you should focus more on the provider’s customer service and early termination policy.

    When you choose a power plan through SlashPlan you can be confident that you will be signing up with a quality energy provider. We verify the providers that we work with and only feature companies that have a strong proven track record and a high customer satisfaction score.

    Find The Best Energy Plans in Matador

    Top 4 Things To Consider When Signing Up

    Deciding on a new plan? Here are the top things to consider:

    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.

    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 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 service.

    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!

    Although 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 – Each service address in Texas has a unique meter number, also known as an ESID. When you enroll online we will find your ESID number based on your address. If you enroll over the phone, you can also find this number in your previous electric bill.

    Compare the Cheapest Electric Providers

    Texas residents have many suppliers to choose from when searching for the best electric company in Matador. Click on any of the Electric Companies below to learn more and read their reviews:

    Flagship Power
    Chariot Energy
    Energy Texas
    Rhythm Energy
    Payless Power
    Gexa Energy
    APG&E
    Frontier Utilities
    4Change Energy
    Pulse Power

    Business Electricity Rates in Matador

    Business electricity rates in Matador 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 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 businesses can do to find the best electricity rates.

    First, they should compare rates from multiple providers. Second, they should consider signing a long-term contract, which can lock in a lower rate for a period of time. Third, they should make sure that they are using the most efficient equipment possible.

    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. Comparing and finding the cheapest electricity plan should be free, fast, and simple… and now, it finally is.

    Enter Your Zip Code and Start Saving!

    Start saving on your electric bill

    View Energy Rates By Texas Zip Codes