Compare The Cheapest Electricity Rates in Wells, Texas
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Find The Cheapest Power Plans in Wells
When Energy Deregulation was introduced in Texas in 2002 the energy market completely changed course. This meant that millions of Texans, including residents of Wells, finally had the power to choose their own electric suppliers and take advantage of cheap electric power plans.
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?
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.
If you’re ready to start saving big on your next energy bill, simply enter your zip code in the form above.
Moving to Wells or Switching An Energy Plan?
Whether you are moving to, or already live in Wells, we want to make sure you are making an informed decision and getting the cheapest energy plan that is offered in your area.
With dozens of electric companies competing for your business and offering electricity services in Wells, 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!
Stop wasting time comparing different plans using a 200 row Excel spreadsheet!
Our service is completely FREE.
You may ask, how do we make sure we’re finding the best price?
We monitor a large number of electricity plans, by different energy suppliers in Wells 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.
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 suppliers 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). You might think that since both companies offer the same price, your bill would be the same. But it wouldn’t!
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.
Now, let’s repeat the question. Who offers the cheaper price? 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 exactly what we’re here to solve!
Our comparison page will show you plans from different electric companies in a standardized way that is easy to compare and understand. We include all the fees and discounts, so you can compare apples-to-apples.
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.
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 providers, 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 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 Power Plans and Prices in Wells
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 Wells, 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. 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 Energy Company in Wells?
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).
Sounds odd, right?
To make sure that the energy market is competitive, law-makers decided that these TDSP’s will not be allowed to sell energy directly to the consumer.
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.
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 companies?
They all have different structured plans and prices.
Certain providers may only offer Green Energy Plans, while others may offer No-Deposit, or Short Term Month-To-Month plans.
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 termination policy.
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 supplier that has a proven track record of competitive prices and superb customer support.
Find The Best Energy Plans in Wells
Not Sure Which Energy Plan Will Work For You?
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 Do I Need In Order To Sign Up?
It’s important to remember that SlashPlan is not your electricity provider. We created a platform 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 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 typically is the information an electric provider 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 Wells
Business electricity rates in Wells 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. 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 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!
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