Compare The Best Electricity Rates in Rankin, Texas
Instantly compare dozens of power plans and rates
Enroll in any electricity plan online and save 30% on average on your electric bill
Enter zip code
View all the electric plans that are available in your area
Compare plans
Not all plans are equal. Use our calculator to find the plan that best fits your needs
Sign up & Save
Enrollment takes about 5 minutes and can save you $50+ on average every month
Find The Cheapest Electricity Rates in Rankin
When Energy Deregulation was introduced in Texas in 2002 the energy market completely changed course. This meant that millions of Texans, including residents of Rankin, finally had the power to choose their own electric suppliers and take advantage of cheap electric power plans.
With dozens of Energy Companies serving Rankin, it is time-consuming and overwhelming to find the optimal plan for your home or business.
We developed a comprehensive, yet easy-to-use comparison tool that finds all the available options and presents them to you in an easy-to-understand dashboard, already pre-sorted with the cheapest electricity plans showing on top.
Using our free service you can rest assured that you’re getting a cheap electricity rate. You can also filter plans based on specific preferences, or estimate your monthly bill based on your historical energy usage patterns.
If you live in Rankin, read on to find out how to get the best electricity plan…
Moving to Rankin or Switching An Energy Plan?
Even if you already live in Rankin, you can still enjoy a cheaper electric bill. We built this website to make sure you’re getting the best deal when shopping for a new energy plan. We take all the guesswork out of the process and present you with an unbiased apples-to-apples comparison between all the different plans.
With so many options to choose from, it is extremely time-consuming to find the best plan.
Electric suppliers advertise cheap prices on their websites to lure new clients in, only to find many additional fees and charges written in very small text.
Why spend the time manually comparing plans when SlashPlan can do it for you?
Using our service will not cost you a dime! Yes, it is completely FREE of charge.
How do we do that?
We monitor a large number of electricity plans, by different energy suppliers in Rankin which updates daily, and we present them to you in one easy-to-understand list, with the cheapest rates showing first.
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 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.
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.
Still not sure why? Let me show you a common scenario:
2 energy companies (Company A & Company B) both charge 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!
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. 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.
So if we go back now and ask the same question. Which company offers a better rate? The answer to that is — it depends! Your bill price will be determined by various parameters such as monthly usage, base charges, usage credits, discounts, time of usage, and more… Calculating how much you’re ACTUALLY going to pay is impossible without taking all these parameters into account.
That’s why SlashPlan is here for you!
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.
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 best interest in our heart, and when shopping for energy, we are loyal to you. We act on your behalf to level the playing field and let the electric providers fight and compete to earn your business.
We provide 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 Electricity Plans and Rates in Rankin
12.6¢ kWh
18.5¢ kWh
15.6¢ kWh
16.2¢ kWh
13.5¢ kWh
11.7¢ kWh
16.7¢ kWh
16.8¢ kWh
16.8¢ kWh
18.7¢ kWh
16.8¢ kWh
13.4¢ kWh
18.4¢ kWh
16.4¢ kWh
15.1¢ kWh
16.8¢ kWh
14.4¢ kWh
16.2¢ kWh
21.5¢ kWh
13.5¢ 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 Homeowner Electricity Rates in Rankin, 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 energy prices constantly changing it’s even more difficult to tell 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.
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 Rankin?
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.
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.
There are 5 main utility companies in Texas. Determine which utility company services your area.
Why should I care about this anyway?
The reason we care about this is because now you understand that the Energy Company you sign up with will not change the “reliability” of your electricity service. You get the same electricity, from the same source, regardless of which provider you sign up with.
So what are the differences between all the other energy companies?
The main difference is that they offer different plans, structures, and prices.
Some providers 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 cancellation 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 deal, 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 Rankin
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 – Do you prefer a fixed-rate or a variable rate plan?
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 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 instantly 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!
Although 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 Rankin
Business electricity rates in Rankin 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, 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 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.
It’s Your Turn to Save...
As a SlashPlan customer, you can expect savings of 30% on average! 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!
View Electric Rates For Cities Near Rankin
- Houston, TX
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Missouri City, TX
- Laredo, TX
- Richmond, TX
- Harlingen, TX
- Edinburg, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Humble, TX
- Dickinson, TX
- Grand Prairie, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Eden, TX
- Belton, TX
- Carrollton, TX
- Baytown, TX
- San Benito, TX
- Mansfield, TX
- Irving, TX
- La Porte, TX
- Lewisville, TX
- North Richland Hills, TX
- Brownwood, TX
- Bay City, TX
- Big Lake, TX
- Round Rock, TX
- League City, TX
- Grapevine, TX
- Coppell, TX
- Tomball, TX
- Wichita Falls, TX
- Burleson, TX
- Kingsville, TX
- Colorado City, TX
- Euless, TX
- Pharr, TX
- Waco, TX
- Victoria, TX
- Weslaco, TX
- Del Rio, TX
- Temple, TX
- Pasadena, TX
- Rio Grande City, TX
- Lufkin, TX
- Waxahachie, TX
- Sherman, TX
- Red Oak, TX
- Mckinney, TX
- Haltom City, TX
- Rockwall, TX
- Menard, TX
- Pecos, TX
- La Marque, TX
- Alice, TX
- Rockport, TX
- Athens, TX
- Galveston, TX
- Cedar Hill, TX
- Richardson, TX
- Magnolia, TX
- Crosby, TX
- Los Fresnos, TX