Compare The Best Electricity Rates in The Colony, Texas
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Find The The Best Energy Plan in The Colony
Energy Deregulation in The Colony has allowed many of us Texans to choose the Energy Supplier that best fits our needs and energy use patterns.
With dozens of Energy Companies serving The Colony, it is time-consuming and overwhelming to find the optimal plan for your home or business.
We at SlashPlan built a comparison tool that pulls all the plans from different power suppliers in The Colony 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.
Read on to learn how you can get the cheapest electric rates in The Colony…
Moving to The Colony or Switching An Energy Plan?
Even if you already live in The Colony, 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.
Most of the supplier websites show you advertised rates in large text, only to charge you more later!
Why spend the time manually comparing plans when SlashPlan can do it for you?
Our service is completely FREE.
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.
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 The Lonestar State 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:
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.
Now, let’s repeat the question. Who offers the cheaper price? The proper answer should be — “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 your final monthly bill would not be possible without taking all of the above 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!
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.
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 The Colony
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 The Colony, 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 Electricity Company in The Colony?
It’s important to understand that when you sign up for service, your are enrolling with a Retail Electric Provider. Your provider is not in charge of servicing and maintaining your energy infrastructure, and they are not the ones that will fix blackouts or outages. Maintenance is done by a separate utility company, also called a “TDSP”.
Sound counterintuitive, 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.
The utility companies are, however, in charge of delivering the electricity to your home, and maintaining the power lines and the energy infrastructure.
For any issues with blackouts, power outages, or the electric meter, you will need to contact the utility company directly.
Why should I care about this anyway?
The reason this introduction is important 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 providers?
The main differences are that they offer different plans, structures, and prices.
Some providers 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 provider’s customer service and early termination policy.
When you choose an electric plan through SlashPlan you can rest assured that you will be working with a quality energy provider. We vet the providers that we work with and only feature companies that have a strong proven track record and outstanding customer support.
Find The Best Power Plans in The Colony
Top 4 Things To Consider When Signing Up
Other than price, these are the top 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 – 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 – How important is it to you? Would you like to help the environment by signing up for a Green Energy Plan?
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 marketplace that allows you to quickly 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 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 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.
Business Electricity Rates in The Colony
Business electricity rates in The Colony 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 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.
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!
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