During your search, you will find two types of supply rates, Fixed - and Variable-Rate electricity. Fixed-Rate supply plans, lock in the cost of your per kilowatt hour for the duration of your term. This means prices will be locked in, and Cameron energy consumers can avoid the seasonal fluctuation of Texas energy cost. On the other hand, a Variable Supply Rate changes and fluctuates with the market. Customers may have the ability to take advantage of a lower supply rate in the mild Texas Winter’s. However, consumers also risk paying more in the intense Summer months.
With Texas deregulation laws, the energy market has many choices when it comes to your electric plan. Regardless of the electric company you choose, your local utility will continue to deliver your electricity. In North Texas Oncor is responsible for regulated electric transmission and distribution to nearly 10 million customers.
Frequently Asked Questions
What is energy deregulation?
Energy deregulation is what gives Texas residents the power to choose their energy plan and electricity rate. It allows different energy providers to operate and offer unique rates and plans. Because of deregulation, users have the opportunity to compare options and find the lowest possible rates. Do some research on the city you live in to find out if you are in a deregulated area.
Can I choose a green energy plan for my home?
If you live in a deregulated city, you have the opportunity to power your home with green energy. There are several electricity providers in the area offering green energy plans whether it is fully or partially renewable. Choosing a renewable plan is an easy and inexpensive way to help better the world around you. Take a look at some of the top providers such as Reliant Energy, Pulse Power, Green Mountain Energy, and others to find the right green energy plan for your home.
What is the difference between a fixed-rate and variable-rate plan?
A fixed-rate energy plan is a great option for anyone looking for plenty of security and stability with their electricity. With this option, you will have a set rate and a set contract. Your rates will not change throughout this contract. If you, however, need more freedom and flexibility with your energy plan, you may decide to go with a variable-rate plan. With this type of energy option, you will not have a set rate or contract, but rather, this plan runs on a monthly basis and changes depending on the energy market. This plan brings far more flexibility and unpredictability than a fixed-rate plan.
What contract options are available for me?
If you decide on a fixed-rate plan for your home, you will be able to choose a set contract with a duration that works well for you and your home. These contracts typically range from about three months to three years, but there are other options available to fill any need you may have. If you need a more short-term option, there are contracts that allow you to take your plan one month at a time or a few months at a time. If you are confident in your plan and decide to go with a longer contract, you can sign on to have a set electricity plan for up to three years or more.