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Find The The Best Energy Plan in Eldorado
When Energy Deregulation was introduced in Texas in 2002 the energy market completely changed course. This meant that millions of Texans, including residents of Eldorado, 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?
We at SlashPlan built a comparison tool that pulls all the plans from different power suppliers in Eldorado 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 Eldorado…
Moving to Eldorado or Just Switching to a Cheaper Electricity Rate?
You can establish a new plan when moving, or even switch electricity providers if you’re staying at the same address. Our goal is to make sure that you, as a consumer, are getting the cheapest and best possible bang for your buck!
With dozens of electric companies competing for your business and offering electricity services in Eldorado, 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!
Would you rather compare plans using a manual Excel spreadsheet with hundreds of rows, or would you rather let SlashPlan find the best and cheapest plan 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 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.
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.
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.
Let me present you with 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). 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!
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 exactly what we’re here to solve!
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 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 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’ll provide you with all the information available, showing you the best deals from the most respected, reputable providers in your area offering the best rates, terms, and customer satisfaction.
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 Eldorado
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 Eldorado, 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.
How To Find A Reliable Energy Company in Eldorado?
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”.
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.
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.
Any issues related to power outages, blackouts, or the electric meter will need to be addressed by the utlity company, and not your provider.
Why should I care about this anyway?
This means that the power 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?
They all have different structured plans and prices.
Some companies 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 termination policy, and ease of communication.
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 Energy Plans in Eldorado
Not Sure Which Energy Plan Will Work For You?
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 – 12 months is a standard enrollment term. If prices are low right now, take advantage of the low rates and lock-in a fixed price for 24 months or more!
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 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!
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 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 – The number printed on your Electric Meter. It can also be found on your recent electricity bill.
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New To Energy Deregulation? Need Help Finding a Plan?
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.