Compare The Best Electricity Rates in Ferris, Texas
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Find The The Best Electricity Rates in Ferris
When Energy Deregulation was introduced in Texas in 2002 the energy market completely changed course. This meant that millions of Texans, including residents of Ferris, finally had the power to choose their own electric suppliers and take advantage of cheap electric power plans.
With dozens of Energy Companies serving Ferris, it is time-consuming and overwhelming to find the optimal plan for your home or business.
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 live in Ferris, read on to find out how to get the best electricity plan…
Moving to Ferris 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 so many options to choose from, it is extremely time-consuming to find the best plan.
Electric suppliers advertise low prices on their websites to lure new clients in, only to find many additional fees and charges written in very small text.
Stop wasting time comparing different plans using a 200 row Excel spreadsheet!
Our service is 100% 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.
Why Use SlashPlan To Compare Electricity Rates in Ferris?
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.
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). 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.
So you will only pay the advertised rate if your monthly usage falls under that specific 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.
If we go back and repeat the same question. Who offers a better rate?
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…
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 show you the actual, all-inclusive prices that you can expect to pay on your bill. No hidden charges or surprises!
The final price is really what matters. To make sure you’re really getting a good deal, you need to be able to see the final monthly estimated price, including all fees and credits.
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 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 Prices in Ferris
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 Ferris, 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 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 Electricity Company in Ferris?
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.
Sounds odd, 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.
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.
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 we care about this 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 are the differences 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.
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 choose a power plan through SlashPlan you can be confident that you will be working with a quality energy supplier. We verify 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 Energy Plans in Ferris
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 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 marketplace 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 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 – 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.
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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.