Compare The Best Electricity Rates in Hondo, Texas
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Find The Cheapest Electricity Rates in Hondo
Since early 2002, when Energy Deregulation was voted in Texas, residents of Hondo have had the power to choose their own electric suppliers and shop around to get cheap electricity.
With dozens of Energy Companies serving Hondo, it is time-consuming and overwhelming to find the optimal plan for your home or business.
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.
If you live in Hondo, read on to find out how to get the best electricity plan…
Moving to Hondo or Just Switching to a Cheaper Electricity Rate?
Even if you already live in Hondo, 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 dozens of electric companies competing for your business and offering electricity services in Hondo, it is extremely difficult to find that one plan that offers you the most savings.
Electric companies advertise low prices on their websites to lure new clients in, only to find many additional fees and charges written in very small text.
Why spend the time manually comparing plans when SlashPlan can do it for you?
Our service is 100% FREE.
How do we do that?
We keep a list of all the available electricity plans in Hondo. 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.
Why Use SlashPlan To Compare Electricity Rates in Hondo?
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.
Like any other service provider, electricity companies always try to charge you as much as they can, and they use different tactics to make it happen, all while telling you that you’re getting a “deal”.
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.
Here’s 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). Your first thought may be: “they offer the same price”. But no, they don’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.
So if we go back now and ask the same question. Which company offers a better rate?
The truth is, you can’t determine that without looking at a few other parameters…
It depends on your monthly usage, and multiple other factors, such as monthly base charges, usage credits, discounts, time of usage, etc…
Estimating your final bill is impossible without taking all of these charges and credits into consideration.
That’s where SlashPlan is here for you!
We show you the actual, all-inclusive prices that you can expect to pay on your bill. No hidden charges or surprises!
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.
We’ve put all this information at your figure tips.
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.
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.
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 Hondo
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 Hondo, 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 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 Hondo?
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”.
That’s confusing, right?
To make sure that the enrgy market is competitive, law-makers decided that these TDSP’s will not be allowed to sell energy directly to the consumer.
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.
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.
Why should I care about this anyway?
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’s the difference between all the other energy companies?
The main differences are 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 provider’s customer service and early cancellation policy.
When you sign up for a new plan using SlashPlan, you can be confident that you’re getting a great bargain, and will sign up with a well-known energy supplier that has a proven track record of competitive prices and superb customer support.
Find The Best Energy Plans in Hondo
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 – 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 – 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 – 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 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 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 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...
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.