Since Marfa energy providers are not regulated by the state, electricity rates fluctuate. If you choose an electricity plan with variable rates, your rate could go up or down at any time. This makes it difficult to budget since you never know how much your electric bill will cost each month.
To avoid these fluctuations, residents can choose fixed-rate plans which tend to offer competitive Marfa electricity rates. With fixed-rate plans, you’ll pay the same amount every month for the entire contract length – regardless of what energy prices do.
When energy providers are allowed to set their own electric rates, residents can experience fluctuations in electricity prices. With electricity plans that have variable rates, you could pay more for your electric bill one month and less the next month.
Variable-rate plans might be a good choice if you don’t care about budgeting for your monthly electricity costs. However, if you want to keep your electric rate low then it may be best to choose a fixed-rate plan instead.
Green Energy Options
Energy Outlet wants Marfa residents to enjoy affordable electricity rates, but we also want energy customers to help keep Marfa green. Marfa residents can avoid increased electric bills by choosing energy plans with 100% renewable energy. Sources for this electricity include wind and solar power.
Customers interested in going green should look for providers offering Texas 100% renewable energy plans. It’s a great way to keep our planet healthy, and keep your electricity bills eco-friendly!
Monthly vs. Yearly Contract Lengths
When choosing a new energy plan, you will also need to decide on a contract length. A contract simply locks you into your energy plan for a chosen length of time with the provider of your choice. Energy providers offer plans with either a monthly or yearly contract length and each option has its own benefits and drawbacks.
Monthly contracts are great for people who are looking for flexibility. With a monthly contract, you can switch providers or plans whenever you want, and you don’t have to commit to a year-long contract. This also makes it easy to cancel your plan if you find a better deal elsewhere. However, monthly contracts typically have higher rates than yearly contracts, so they can be more expensive in the long run.
Yearly contracts offer lower rates than monthly contracts, so they can save you money in the long run. However, you’re locked into a contract for the entire year, which means you can’t switch plans or providers if you find a better deal elsewhere. And if you need to cancel your plan for any reason, you may have to pay an early termination fee.
Powering Marfa Businesses
Marfa businesses are an important part of our community. That’s why Energy Outlet offers business owners a variety of Marfa energy plans to choose from. Business owners can find energy providers that offer fixed-rate plans, variable-rate plans, or even renewable energy plans.
No matter what type of energy plan you’re looking for, we have a provider that can meet your needs. Plus, business owners receive special rates on their electric bills. Contact us today to learn more about powering your business with renewable energy!
Energy Outlet is here to help you compare the top electricity providers to get the best rates possible.
Frequently Asked Questions
What is a renewable energy plan?
A renewable energy plan is a type of electricity plan where the customer pays for electricity generated from renewable sources, such as solar or wind. Renewable energy plans can help customers reduce their carbon footprint, as they are using energy from sources that do not produce emissions.