Compare The Best Electricity Rates in Matador, Texas
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Find The Cheapest Power Plans in Matador
When Energy Deregulation was introduced in Texas in 2002 the energy market completely changed course. This meant that millions of Texans, including residents of Matador, finally had the power to choose their own electric suppliers and take advantage of cheap electric power plans.
With dozens of Energy Companies serving Matador, it is time-consuming and overwhelming to find the optimal plan for your home or business.
We at SlashPlan built a comparison tool that pulls all the plans from different power suppliers in Matador 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.
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 Matador, read on to find out how to get the best electricity plan…
Moving to Matador 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 Matador, 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!
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.
How do we do that?
We monitor a large number of electricity plans, by different energy suppliers in Matador which updates daily, and we present them to you in one easy-to-understand list, with the cheapest rates showing first.
Why Compare Electricity Rates?
We tend to get used to the “status quo”. We are busy and have other important things to do during our day. Most people simply think of their energy plan as a “set and forget” plan, which is a dangerous thing to do!
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.
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). Your first thought may be: “they offer the same price”. But no, they don’t!
A standard practice in the energy industry is to offer Tiered Pricing.
This means that you will only pay the advertised rate if your monthly usage is within the specified 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.
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…
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!
Our comparison page will show you plans from different electric providers in a standardized way that is easy to compare and understand. We include all the fees and discounts, so you can compare apples-to-apples.
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 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 Electricity Plans and Rates in Matador
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 Matador, Texas
The average price of electricity for Texas residential consumers between 2001-2020 was 11.1¢ kWh (Kilowatt/Hour).
Since Retail Electric Prices are constantly fluctuating, it’s difficult to tell if the plan you’re currently enrolled in is offering you a good deal.
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 Energy Company in Matador?
Most consumers are not aware that in Deregulated Energy markets, the energy companies that sell you power are not in charge of servicing and maintaining your electricity infrastructure. That job is done by a utility company (also known as TDSP).
That’s confusing, 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.
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.
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 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 providers?
They all have different structured plans and prices.
Some providers focus on Green Energy, while other focus on offering No-Deposit, or Short Term Variable 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 termination policy.
When you choose a power plan through SlashPlan you can rest assured that you will be signing up 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 Power Plans in Matador
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:
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 – 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 platform that allows you to quickly 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!
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 – The number printed on your Electric Meter. It can also be found on your recent electricity bill.
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It’s Your Turn to Save...
Our customers usually report savings of approximately 30% on their energy bills.
Comparing and finding the cheapest electricity plan should be free, fast, and simple… and now, it finally is.