Types of Energy Plans: Fixed-Rate Plans vs. Variable-Rate Plans
With a fixed-rate plan, you know exactly how much your monthly electricity bill will be. That’s because the rate never changes. You’ll always pay the same amount each month for your power from that provider. Fixed-rate plans are typically very popular with customers who want to lock in a certain price before they commit to a contract term, which could last for up to 12 months or more.
With variable rates, you may not know what your next month’s bill will be until it comes time to pay it – and that can make budgeting difficult.
Electricity providers often offer these types of rates as “time of use” plans where the cost per kilowatt-hour (kWh) varies depending on when you use the most. For example: if you were to use a lot of electricity during the day and at night, you would likely pay a higher price for that, whereas if you turned your appliances off or unplugged them during those times, then you would pay less.
Now that we understand these different types of Eden electricity providers and what they can offer us, let’s go over what makes Energy Outlet such a great platform to help you find the perfect provider for your needs.
How Energy Deregulation Affects Eden Energy Rates
Energy deregulation is a big topic that isn’t often talked about because many people don’t know what it means. In this article, we’ll cover the basics of energy deregulation and why it’s important for customers in Eden, TX to be aware of how it could affect their electricity rates.
One thing to understand about deregulation is that while utilities used to operate as a monopoly, they no longer do. Instead, there’s a competitive marketplace with many providers from which you can pick and choose. Some utilities offer only certain services while others offer “all-inclusive” packages. These providers include both electricity and natural gas providers, so you’ll want to be mindful of your needs.
Top Eden Providers Offering Electricity Plans for Businesses
Not sure where to start when it comes to finding a new energy plan for your business? Let us take care of all the work for you by providing information on some of our top providers offering plans just for businesses in Texas.