Compare The Best Electricity Rates in The Colony, Texas
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Find The The Best Electricity Rates in The Colony
Since early 2002, when Energy Deregulation was introduced in Texas, residents of The Colony 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?
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 The Colony, read on to find out how to get the best electricity plan…
Moving to The Colony 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 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?
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 The Colony. 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.
PRO TIP: The get the most accurate bill estimates, know your monthly usage. Ideally, pull the previous 12-month history from your current provider and enter them on our comparison page.
For a limited time, SlashPlan is offering a concierge service where we will get those numbers on your behalf.
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!
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”.
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:
2 energy companies (Company A & Company B) both charge 10¢ per Kilowatt Hour (kWh). Most people would look at it and think that the prices are identical, therefore their monthly bill would be identical too. Wrong!
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.
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 exactly what we’re here to solve!
We show you the actual, all-inclusive prices that you can expect to pay on your bill. No hidden charges or surprises!
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 back! We level the playing field and make shopping for cheap energy rates accessible and easy for everybody!
We’ll provide you with all the necessary details, 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 The Colony
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 Household Electricity Rates in The Colony, 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 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.
Data for this chart was compiled from the U.S Energy Information Administration – https://www.eia.gov/electricity/sales_revenue_price/
How To Find A Reliable Energy Company in The Colony?
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).
Sound counterintuitive, 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.
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 electricity 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?
They all have different structured plans and prices.
Some companies 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 supplier’s customer service and early termination policy.
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 The Colony
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 quickly 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!
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 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.
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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 electricity rates in The Colony