Frequently Asked Questions

Should I choose the cheapest energy plans?

You must choose an energy plan based on your energy usage pattern. Energy providers design electricity plans depending on the varying energy consumption requirements. For example, the plans for the commercial properties may not be a suitable option for small or mid-sized families, even if they are available for a cheap rate. If your energy usage goes above or below the given limit, you will probably end up paying a few extra cents per kWh. So, it is better to review the plans and select the option that suits your energy usage pattern.

How do I find the term of my energy plan?

The first thing you must review when shopping for an electricity plan is the energy rate. Energy rates are equally important, but the contract term is crucial as it can bind you to a long-term contract that ends in 3-4 years. So, check the length of your contract in the Electricity Facts Label. Alternatively, you can visit Power to Choose or Energy Outlet, sort the energy plan list by your location, and get a customized list of the plans with their contract length and energy rates.

Why do I compare energy plans?

Rainbow is one of the deregulated areas in Texas and with that being said, each electricity provider in this city offers electricity plans at varying rates. It is important to compare the energy plans and then choose the option that fits your individual requirements. Not only the energy rates, but these plans are available for different lengths. Don’t sign up for a plan just because it offers exciting rewards and discounts. Compare your options and then select a plan that fits your budget. If you are having trouble finding the best plan, visit Energy Outlet or other energy comparison website.

When is the right time to switch my energy plan?

The perfect time to switch your electricity plan is when there are 14 days left for your current energy contract to expire. However, if your contract ends during summer and winter, then you may have to consider terminating your plan before the expiry. Spring is the best season for switching your energy plan, as the electricity demand and price are quite low during this season. If you switch your electricity when the rates are high, you will lock in the fixed-rate energy plan when the price is at peak levels. And, you cannot terminate this contract before it expires. So, wait until the energy rates are the lowest before switching your energy plan.

How do I use Energy Outlet to switch my energy plan?

Energy Outlet presents a list of the electricity plans in your location. Review these plans and compare the rates. Once you have found the best option that matches your electricity consumption pattern and is available within your budget, sign up for the plan from the website. No need to cancel your current plan or call the electricity provider. You only need to select an energy plan, and Energy Outlet will handle the rest.