Compare The Cheapest Electricity Rates in Somerset, Texas
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Find The The Best Power Plans in Somerset
Energy Deregulation in Somerset has allowed many of us Texans to choose the Energy Supplier that best fits our needs and energy consumption patterns.
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 at SlashPlan built a comparison tool that pulls all the plans from different power suppliers in Somerset 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.
We will find the BEST energy plan for you, based on your preferences and historical energy usage patterns.
If you live in Somerset, read on to find out how to get the best electricity plan…
Moving to Somerset or Just Switching to a Cheaper Electricity Rate?
Even if you already live in Somerset, 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 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!
Why spend the time manually comparing plans when SlashPlan can do it for you?
Our service is completely FREE.
How do we do that?
We keep a list of all the available electricity plans in Somerset. 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 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.
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.
Let me present you with a common scenario that we see all the time:
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!
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.
If we go back and repeat the same question. Who offers a better rate?
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 display all-inclusive pricing from different providers in a standard, easy-to-read platform.
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 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 back! We level the playing field and make shopping for cheap energy rates accessible and easy for everybody!
We supply 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 Electricity Plans and Prices in Somerset
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 Somerset, 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 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 Somerset?
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).
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.
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.
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.
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?
They all have different structured plans and prices.
Some providers 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 provider’s customer service and early termination policy.
When you choose an electric plan through SlashPlan you can rest assured that you will be working 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 a high customer satisfaction score.
Find The Best Energy Plans in Somerset
Not Sure Which Energy Plan Will Work For You?
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 – 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 – 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!
Although 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 provider 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.
View Electric Rates For Cities Near Somerset
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View Energy Rates By Texas Zip Codes
Find Out How Much You Can Save
As a SlashPlan customer, you can expect savings of 30% on average!
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 Somerset