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Find The Cheapest Energy Plan in Covington
Since early 2002, when Energy Deregulation was voted in Texas, residents of Covington have had the power to choose their own electric companies and shop around to get cheap electricity.
With dozens of Energy Companies serving Covington, 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 Covington 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.
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.
Read on to learn how you can get the cheapest electric rates in Covington…
Moving to Covington or Just Switching to a Cheaper Electricity Rate?
Even if you already live in Covington, 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.
Many of the provider websites you visit are difficult to navigate. They show advertised rates in a large bold text but hide the additional fees that come along with it.
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.
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 Covington which updates daily, and we present them to you in one easy-to-understand list, with the cheapest rates showing first.
Why Compare Electricity Rates?
Most people, especially ones who move to Texas from out of state or from regulated energy markets are not aware that they have the power to choose their electric provider.
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). 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.
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 truth is, you can’t determine that without looking at a few other parameters…
Your bill price will be determined by various parameters such as monthly usage, base charges, usage credits, discounts, time of usage, and more…
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 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 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 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 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 Electricity Plans and Rates in Covington
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 Covington, 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 were last offered may no longer relevant by now, and all the time you spent comparing plans is gone down the drain.
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.
How To Find A Reliable Energy Company in Covington?
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 seprate utility company, also called a “TDSP”.
Sounds odd, 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.
That’s how the market operates. The energy companies sell you electricity at competitive prices, and the utility companies deliver that energy to your home or business.
For any issues with blackouts, power outages, or the electric meter, you will need to contact the utility company directly.
What does this mean for us, the retail consumers?
This means that the energy 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?
The main difference is that they offer different plans, structures, 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 cancellation 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 a high customer satisfaction score.
Find The Best Power Plans in Covington
Not Sure Which Energy Plan Will Work For You?
Deciding on a new plan? Here are the top things to consider:
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 – 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 tool will instantly tell 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 schedule a free 15-minute consultation with a SlashPlan expert.
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!
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.
View Electric Rates For Cities Near Covington
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View Energy Rates By Texas Zip Codes
Find Out How Much You Can Save
Our customers usually report savings of approximately 30% on their energy 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 electricity rates in Covington