You have several options when it comes to energy providers in Katy such as TXU Energy, Direct Energy, and others. If you are as passionate about helping the environment as we are, you have the option of powering your home with renewable energy. There are several energy providers that allow you to power your home with renewable electricity including Green Mountain Energy and Reliant Energy.
We want to help you find the best option for your home, but we are also passionate about helping you power your business. Whether it is large or small, we can help you find the perfect plan. All you need to do is give us some basic information about you and your business, and some of our top Katy electricity providers will begin reaching out to you with personalized plan options. After this, your only job is to choose the best option for your needs and enjoy the benefits.
Energy deregulation is something that not many people know about, but it is something that you should be grateful for as a resident of Katy. It is the reason you are able to choose your own energy provider and electricity plan and the whole reason Energy Outlet can even exist. Not only does it allow you to choose your plan, but it creates competition which compels companies to offer cheap electricity rates and the best options possible.
Frequently Asked Questions
What is Power to Choose?
Power to Choose is a digital platform that’s designed for Texans in deregulated areas. The site allows users to compare all the best local electricity plans and provider options side-by-side, so you can ensure your specific needs are met with an affordable rate before making any decisions about switching electric companies or providers!
Difference between a fixed-rate plan and a Variable-rate Energy plan?
A fixed-rate plan means that the price you pay per kilowatt-hour remains the same till the end of your contract term. This means that even if the market price of energy changes, you don’t have to worry because your energy rate won’t be affected. The advantage that comes with using a fixed-rate plan is that it is easier to prepare your budget and conclude how much goes into the energy rate every month or how long your contract with your energy provider will last.
The variable-rate plan on the other hand means that the price you pay for electricity per kilowatt-hour is determined by factors considered by the retail supplier that is the company supplying energy to your home and by the price in the market. The advantage of this plan is that when the rates in the market drop, the amount you pay reduces too, but when certain factors like increased demand or high temperature raise energy rates, then the variable plan can get very costly.
How do I choose an Energy plan?
You can filter your options by weighing certain factors. Factors based on your electricity usage. Examine your electricity bill to determine your average energy usage. You should know that price and electricity rate vary based on level of usage, so knowing how much you use will help you determine the best energy plan for you. Also, determine the term length you’d like the electricity plan to run for because different energy providers in Katy city have different price points. You should know that contracts with short-term lengths are a great choice if you don’t want a long-term commitment energy plan. Consider the rewards or benefits that come with any plan that you decide to choose. Lastly, take time to decide if you want to choose the fixed-rate plan that is the amount you pay per kWh does not change throughout your contract even if the market price changes OR a Variable-rate plan which means that the electricity rate you pay may change based on the market price of energy.
Is electricity deregulated in Katy Texas?
A bill that was passed in 1999 was signed into law and it paved way for the deregulated electricity system for the whole of Texas. This law crippled the controls on wholesale electricity rates and tried to stop monopolies that are tightly regulated. The law called for a legislative oversight committee that oversaw the bill and according to the law, deregulation would be phased in several years.
What is a good price for electricity per kWh in Katy Texas?
As of 2019, the average price for electricity in the whole of Texas was 11.67 cents per kWh. However, there are energy providers that offer a fixed-rate plan for residents for as low as $0.060 per kWh for 12 months.
This, however, still needs to be placed on weighing scales with factors such as the renewability of the plan, your time of use because certain popular electricity plans offer free electricity for a determined period at peak hours.