Compare The Cheapest Electricity Rates in Hedley, Texas
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Find The Cheapest Electricity Rates in Hedley
When Energy Deregulation was introduced in Texas in 2002 the energy market completely changed course. This meant that millions of Texans, including residents of Hedley, 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 developed a comprehensive, yet easy-to-use comparison tool that finds all the available options and presents them to you in an easy-to-understand dashboard, already pre-sorted with the cheapest electricity plans showing on top.
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 Hedley…
Moving to Hedley or Just Switching to a Cheaper Electricity Rate?
Whether you are moving to, or already live in Hedley, we want to make sure you are making an informed decision and getting the cheapest energy plan that is offered in your area.
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!
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 keep a list of all the available electricity plans in Hedley. We update it daily and present it to you on our comparison page in a format that is identical to the other plans that we monitor. This makes the comparison easy and intuitive.
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.
For a limited time, SlashPlan is offering a concierge service where we will get those numbers on your behalf.
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 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:
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.
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 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 how much you’re ACTUALLY going to pay is impossible without taking all these parameters into account.
That’s exactly what we’re here to solve!
We display all-inclusive pricing from different providers in a standard, easy-to-read platform.
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 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 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.
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 Hedley
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 Household Electricity Rates in Hedley, Texas
Homeowners in Texas have been paying an average price of 11.1¢ kWh (Kilowatt/Hour) for their electricity between 2001-2020.
With energy prices constantly changing it’s even more difficult to tell 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.
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 Hedley?
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?
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?
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 providers?
They all have different structured plans and prices.
Some companies 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 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 outstanding customer support.
Find The Best Energy Plans in Hedley
Top 4 Things To Consider When Signing Up
Other than price, these are key 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 – Some people prefer a long-term peace of mind that comes with a Fixed Rate plan. Others prefer a more dynamic, sometimes lower rate that changes monthly according to the Electricity Price Index.
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 Power Supplier 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 marketplace that allows you to easily 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 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!
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.
View Electric Rates For Cities Near Hedley
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View Energy Rates By Texas Zip Codes
Find Out How Much You Can Save
The average SlashPlan customer saves around 30% on their electric bills.
Comparing and finding the cheapest electricity plan should be free, fast, and simple… and now, it finally is.