Why is a no-contract plan better than a fixed-rate energy plan?

In the fixed-rate electricity plan, you are committed to a long-term plan that may last for a few months to several years. While this plan has a stable rate that remains constant for the entire length of the contract, it comes with its share of risks. For instance, you will have to pay the early termination fee should you cancel the plan before it expires.

The fixed-term electricity plan expires in years, which means you cannot switch a plan until the expiration of your current contract without paying the early cancelation fee. You can avoid the fee if you cancel the plan for moving out. No-contract or variable-rate plans do not involve any termination fee.

What are the special offers available on the energy plan in Cross Plains?

Some electricity suppliers offer special offers and rewards for electricity plans. These rewards can vary from free night and free weekend offers to discounts. However, there is always a catch.

For example, the free-night electricity plans may save you the extra charges you will pay for electricity when you are using it at night or on weekends, but such plans can cost you three times more than what you’d pay for a standard energy plan. Additionally, these plans come with long contract periods and involve a high termination fee.

What is the electricity facts label (EFL)? Why is it used?

It is important that you check and review the electricity facts label for the area before selecting an energy plan. The EFL contains all the details of the plan, including the fees associated with the contract, TDU charges, early termination fees, and more. Before you switch your energy plan, take some time to go through the EFL to review the basic details of the plan. This will give you quick insights into the term of the contract, cost, and other basic information about the plan.

What are no-deposit energy plans?

People with low credit scores or a poor credit history must pay a deposit when signing up for a new energy plan. Every Texan is supposed to pay the deposit in order to complete the registration process. However, some electricity providers are willing to negotiate the deposit conditions for people with a good credit score. You may be able to secure a no-deposit energy plan for a competitive price if you have a good credit history. Not only can you avoid upfront deposits on such plans, but the no-deposit electricity plan allows you to get electricity without any long-term contract, upfront deposit, and credit check.

Why do I pay the TDU separately?

The Transmission and Distribution Utility Company is in charge of handling the wires, poles, meters, and other transmission appliances. Even if you have not chosen TDU for electricity, you will have to pay the TDU separately. They will charge you for managing the electricity delivery, power outage, and meters. Each region is assigned a local TDU that manages the electricity services in that region.

Frequently Asked Questions

When can I switch my energy plan?

The residents of Texas are allowed to switch their electricity provider 14 days before their current energy plan expires. If you choose a new plan and cancel the existing one within this duration, you will not be charged with anything. However, if you want to switch your electricity company before the expiration of the contract, be ready to pay the early cancellation fee. The fee varies based on the electricity supplier you choose.

How many energy plans are available in Cross Plains?

There are over a hundred energy plans provided by 50+ electricity companies in Cross Plains. Being one of the deregulated cities of Texas, the residents of Cross Plains enjoy full freedom when selecting their electricity supplier. GEXA, TXU, Reliant, Green Mountain, Pulse Power, and Cirro Energy are a few popular electricity suppliers in Cross Plains that have gained immense popularity in the energy markets.

Where do I find the latest energy plans in my area?

For a comprehensive list of the energy suppliers in your area, visit Energy Outlet or Power to Choose. These platforms offer customized energy plans. You can filter the list by your location, preferred contract length, rates, and other categories. You don’t even need to contact the electricity suppliers to sign up for your chosen plan. Energy Outlet offers you an option to pick the most suitable plan and sign up for it on the website.

What happens if I don’t switch my electricity plan after it has expired?

Your current contract with the existing electricity supplier will be renewed automatically. There is also a good chance they will raise the energy rates substantially after renewing your contract. It is important to switch your energy plans every year or after the contract expires. Note the contract termination details and switch your provider 14 days before the contract reaches expiration.

Should I choose an energy plan based on my monthly energy usage?

Yes, it is very important that you choose an energy plan that fits your electricity consumption. If you don’t have access to your previous year’s electricity bills or you have recently moved into a new home, then you can consider your future electricity usage before selecting a plan. Again, it’s important that your plan matches your energy usage. Otherwise, you will probably end up paying an incredibly higher price than the standard energy rates. It isn’t that difficult to calculate the average electricity consumption. Ask your previous landlord or your current electricity company to provide you with the electricity bills for the previous year?

What is the cheapest energy plan in Cross Plains?

The cheapest energy plan is available for only $0.050 / kWh for the Cross Plains residents. The price keeps changing and there is a good chance you will find better and cheaper deals in the coming years. You can subscribe to Energy Outlet, Power to Choose, and other trusted power-comparison websites to get regular updates about the energy plans. You could also use these websites to sign up for your preferred electricity plan.