Compare The Best Electricity Rates in Laredo, Texas
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Find The Cheapest Power Plans in Laredo
Since early 2002, when Energy Deregulation was introduced in Texas, residents of Laredo have had the power to choose their own electric suppliers and shop around to get cheap electricity.
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?
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.
Read on to learn how you can get the cheapest electric rates in Laredo…
Moving to Laredo or Just Switching to a Cheaper Electricity Rate?
Even if you already live in Laredo, 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 Laredo, it is extremely difficult to find that one plan that offers you the most savings.
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.
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 keep a list of all the available electricity plans in Laredo. 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 Laredo?
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.
Still not sure why? Let me show you a common scenario:
2 energy companies (Company A & Company B) both charge 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.
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 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…
Calculating your final monthly bill would not be possible without taking all of the above parameters into account.
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!
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!
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 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.
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 Laredo
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 Laredo, 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 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.
How To Find A Reliable Electricity Company in Laredo?
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 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.
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.
Now that I understand that, how does it affect me?
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?
The main differences are that they offer different plans, structures, and prices.
Some companies only offer green plans, others include no-deposit plans, etc…
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 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 well-known power company that has a proven track record of competitive prices and superb customer support.
Find The Best Energy Plans in Laredo
Top 4 Things To Consider When Signing Up
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 – 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 Power 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 marketplace that allows you to instantly 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 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!
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.
View Electric Rates For Cities Near Laredo
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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 Laredo