Frequently Asked Questions 

What are the best energy rates in Bonham?

Bonham is a deregulated area. Each electricity provider in the city strives to provide the residents with the best offer and cheapest possible rates. If you are looking for the cheapest energy plan in Bonham, then the Best Value 12 plan by Frontier Utilities is available for only $0.050 / kWh. Make sure you check other factors too when signing up for the electricity plan.

Does the energy rate vary depending on my home’s energy usage?

Yes, the price varies based on your energy consumption. For example, the average price / kWh is around 11.9 for families that use up to 2000 kWh a month, while it is 8.4 for families that have monthly electricity consumption of 1000 kWh. The electricity provider offers energy plans based on monthly energy consumption. It is important for families to check their electricity consumption habits before selecting a plan. If you select a plan that isn’t designed for your monthly energy usage, you will end up paying much more than what’s required.

How should I compare the commercial electricity plans in Bonham?

You can visit the electricity plan comparison websites or contact each electricity supplier to get a quote. Either way, it is important that you go over the contract term thoroughly before signing up. The best energy plan isn’t always the one with the lowest rate. Some plans cost only a few bucks a month, but they are not backed by the best customer service. You can find the cheapest and best energy plans with their rates at Energy Outlet.

What are fixed-rate and variable-rate energy plans?

If you want to have a predictable electricity bill every month, then your best bet is the fixed-rate energy plan. It gives you the flexibility of planning your budget according to your electricity consumption. However, the energy rates in the variable-rate plans do not remain constant. They fluctuate depending on the market factors and current electricity demand in the energy market. For example, electricity suppliers drop the energy rates during spring and fall. So, if you choose a variable-rate energy plan, you can benefit from the lower energy rates.

Is the renewable energy plan worth my money?

Green or renewable energy plan is trending these days, and for a good reason. It does a lot more than preventing CO2 emissions. The green energy plan is a lot cheaper than the standard rates since the renewable sources are used to generate electricity. If you are planning to switch your electricity provider to save some bucks on electricity expenses, sign up for a green energy plan.

Is it worth canceling the plan before the contract ends?

The contract specifies the early termination fee that you are supposed to pay should you cancel the energy plan before its expiration. If you are on an energy plan where you are paying an extremely high rate, then it is better to pay the early cancellation fee. Try to wait until there are 14 days left for the contract to end. That way you can switch your electricity provider without having to pay a hefty fee.