Compare The Best Electricity Rates in Midland, Texas
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Find The Cheapest Power Plans in Midland
Since 2002, when Energy Deregulation was voted in Texas, residents of Midland have had the power to choose their own electric suppliers and shop around to get cheap electricity.
There are plenty of Electricity Companies serving Midland. They all offer different plans and prices. Comparing them all is overwhelming. Who has the time to do that?
SlashPlan has figured out a way to do just that!
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’re ready to start saving big on your next energy bill, simply enter your zip code in the form above.
Moving to Midland or Just Switching to a Cheaper Electricity Rate?
Even if you already live in Midland, 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 Midland, it is extremely difficult to find that one plan that offers you the most savings.
Electric suppliers advertise cheap 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!
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 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 Compare Electricity Rates?
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 The Lonestar State from regulated energy markets.
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.
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:
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). You might think that since both companies offer the same price, your bill would be the same. But it wouldn’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.
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”!
It depends on your monthly usage, and multiple other factors, such as monthly base charges, usage credits, discounts, time of usage, etc…
Calculating how much you’re ACTUALLY going to pay is impossible without taking all these 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.
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 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’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 Power Plans and Prices in Midland
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 Midland, Texas
Homeowners in Texas have been paying an average price of 11.1¢ kWh (Kilowatt/Hour) for their electricity between 2001-2020.
With prices changing all the time, it’s hard to know 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 Energy Company in Midland?
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.
Sound counterintuitive, 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.
Any issues related to power outages, blackouts, or the electric meter will need to be addressed by the utlity company, and not your provider.
Now that I understand that, how does it affect me?
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 are the differences between all the other energy providers?
The main difference is 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 termination 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 energy supplier that has a proven track record of competitive prices and superb customer support.
Find The Best Energy Plans in Midland
Top 4 Things To Consider When Signing Up
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 – 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 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 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 Midland
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View Energy Rates By Texas Zip Codes
It’s Your Turn to 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 energy rates in Midland