Green Electricity Options
We have all heard about “going green”. Residents all over Texas are becoming more conscious of making efforts to live out a greener, cleaner lifestyle. The term “green” is used to describe the energy sources that produce little or no pollution.
Green power can be generated in many ways, including solar panels, wind turbines, and geothermal resources.
There are also some green electricity options that do not actually use any fuel at all! One of these is called hydroelectric power.
Hydroelectric power plants generate electricity by using water to move generators located on dams downstream from a high-mountain reservoir. The motion of the flowing water turns turbines which then generate electricity for use by consumers near the dam site. This type of renewable energy source has been around for many years. It was only until recently however that there have been more hydroelectric power plants built worldwide.
As you can see, there are many options for generating green electricity and some of them might even save you money! If you want to find out more about how this works check out our article on green electricity options .
Green energy is not only good for the environment but it can also be great for your wallet too.
Check out our list of affordable green electricity providers in your area . These companies offer a range of green energy plans that will help you save money while also supporting renewable energy sources!
Fixed Rates vs Variable Rates – What’s The Difference?
What Is A Fixed Rate Plan?
Fixed rates mean that the price per kWh stays the same over time. This means that if your “fixed rate” plan stays stable throughout the time you’re using energy, then your monthly bill will be exactly the same amount every month.
What Is A Variable Rate Plan?
A variable-rate electricity plan is an electricity plan that has rates that can change over time. These plans can be a great option for customers who want the flexibility to switch providers or plans if they find a better deal. However, it’s important to be aware of the potential risks of signing up for a variable-rate plan. If the market rates go up, your rates will also go up. This can end up costing you more money in the long run.
The Downsides Of A Fixed Rate Plan?
While a fixed rate plan can be great for budgeting and planning, it also leaves you vulnerable to price volatility compared to the benefits of a variable rate plan. With an energy company that offers fixed rates you’ll need to be prepared to pay more than you would with a variable rate plan that can potentially change at any time.
The Downsides Of A Variable Rate Plan?
While this might not be the ideal option for someone who wants some stability in their energy bill, it is definitely helpful for an individual who values flexibility and the element of surprise. For some people, having variability in their energy bill is a good thing.
Monthly vs. Yearly Contracts
The first thing we do when someone contacts us about their electric bill is ask them a few questions so we can get to know them better and figure out what type of plan they want.
There are two main types of plans: monthly and yearly contracts. Monthly services require an upfront cost for both installation charges and activation fees while annual contracts come with no installation or activation fee but instead have an ongoing charge throughout the year which increases at a fixed rate each month.
Answering the following questions will help us figure out which type of contract is best for you:
– What do you want to pay each month?
– How many kilowatt hours (kWh) are you using per month on average?
– What size system do you need in order to cover your usage?
– How much money do you want to invest in your solar system upfront?
– When will your electric bill become bigger than the installation and activation charges (if ever)?
Whatever we discover during the initial consultation, we pledge to take one step towards finding a suitable energy plan that fits your needs. We believe in providing you with great customer service to help you understand your energy options.
Frequently Asked Questions
What’s the difference between monthly and yearly contracts?
The main difference is that with a monthly contract you’ll pay an upfront cost for installation and activation, while with an annual contract there is no upfront cost but you’ll pay an ongoing charge each month.