Choosing an Energy Plan
There are several factors involved when choosing a new energy provider and electric or gas rate that fit within your budget while cutting down on your utility each month. Energy plans vary in energy rates, term length, monthly fees, and even the energy plan provider’s energy sources.
The key is to know what you will need from your energy plan and where it will get its energy resources including considering things like:
– How much energy do I use?
– Are there fixed or variable energy prices? Fixed prices include a set energy rate for a certain energy usage while variable energy rates are determined by market prices each month. Variable plans can be more flexible but also contribute to higher costs if market conditions rise. Fixed plans typically have more benefits for those who pay in cash upfront such as lower bills at the end of the year.
– Will you have a deposit? Some providers require a deposit at the start of the energy plan while others don’t. Deposits are usually returned to you within one year as long as terms were met and energy payments were made.
– What term length do I want? Variable energy rates can offer energy plans with shorter, more flexible term lengths like month-to-month or longer fixed energy term lengths that last up to 24 months including those with no credit check if you choose a prepaid electricity rate which also includes no deposits.
– Do you have pre-paid energy plans available? Sometimes it’s possible to pay for your energy plan in advance before using it so this isn’t an issue for when energy is used each billing cycle such as a prepaid electricity plan.
We are here to help you find the perfect solution for your home as well as your business. If you are interested in finding a personalized plan for your company, all you need to do is fill out a brief survey for us. After this, some of our top providers will begin reaching out to you with personalized plans and low rates. All that is left for you to do is choose the best option for your needs.
Be sure to take some time looking at all the electricity providers that you have to choose from. We have partnered with some of the top providers in the area to help you find the perfect energy plan and low rates.
Frequently Asked Questions
What is Power to Choose?
Texas residents can use Power to Choose, an online platform that operates similarly to Energy Outlet with similar features and benefits. Users are able to compare all their energy plan options side-by-side so they find the best rates for them.
How can I find the best energy plans in Rockwall?
Enter your zip code in the energy plans search bar on the top of this page to find energy plan options near you. You can also set a custom range for your home’s energy needs. You will then see all energy plan options available in your area and add as many you want to compare.
Once they’ve found their ideal energy plan, users can sign up online with energy providers, schedule an appointment time, and even manage their accounts 24/7 through online access with ease including what is best for them electricity-wise.
How much will my energy bill cost?
Your energy bill will vary depending on energy usage and which energy plan provider you choose. When comparing electricity rates, you may see different energy plans with the same energy rate energy provider. Sometimes consumers pick a lower energy rate but don’t factor in that there might be a monthly fee associated with it or another energy plan with a higher energy rate has better benefits. Make sure to note any fees including fixed or variable energy rates since these can affect your total energy bill at the end of each billing cycle so you know exactly what each choice will cost.
How easy is it to switch providers and select my own energy plan?
Depending on where you live and if you have an existing contract with your current electricity company, switching providers could be a very quick process. Customers can compare energy plans side-by-side and pick the energy rates they want with ease since many energy plans are available online through energy quotes that take only minutes to create.
Are there any energy plan options for low-income homes?
If you’re on a low to fixed income or need energy plan options for your home, sometimes energy providers offer different solutions such as prepaid electricity plans and government energy assistance programs. It’s important to speak with an energy representative about what might be best for your current situation.
What energy plans can I choose from in Rockwall?
Energy plans in Rockwall are either fixed-rate or variable-rate.
A fixed-rate plan applies a constant rate throughout the contract period regardless if energy costs change. This makes it easier to calculate your monthly bill especially if your energy consumption month after month does not change.
On the other hand, a variable-rate plan applies different energy rates throughout the contract period. When the energy costs dip at certain months, your energy bill could go lower as well. But if the energy costs increase, the energy rates applied to your bill go up as well.
These energy plans are often locked in to 12-, 18-, 24- and 36-month contracts.
What’s better – a longer contract period or a shorter one?
This would depend on your current status as a customer.
If you’re on the lookout for a new energy provider, a shorter contract period would probably be best. Knowing that you do not have any experience in dealing with the company you’re signing up with, a shorter contract period will allow you to switch providers faster in case you’re unhappy with their service.
A longer contract period is best if you’re only renewing an energy plan and have been happy with the provider’s service so far.
Of course, the rate per kilowatt hour could also vary depending on the lock-in period. This could be another factor in deciding what contract period would work for you.
What if I want to switch to a new provider before my current contract ends?
In most cases, a cancellation or early termination fee is applied if you want to cut your current contract and switch to a new provider or energy plan. However, there are also energy plans that do not come with cancellation fees. Consider this when comparing different energy plans, especially if you’re unsure about the energy provider you’re signing up with.
Are there green energy providers in Rockwall?
Yes, there are a lot of energy providers sourcing their power from renewable sources. Texas produces the most wind energy in the country and is one of the top producers of solar energy as well. Check the different green energy options when you compare energy plans. Some only offer partial green energy, while some energy plans give you 100% green energy.
What is energy deregulation?
Energy deregulation opens up the energy market to a number of different energy providers, each of them offering different energy plans and applying different energy rates to consumers. Although most of the power offered by energy providers in Rockwall comes from a single transmission utility called Oncor, Oncor does not sell energy to consumers directly. This means that consumers have complete freedom in choosing their own energy providers, unlike in energy regulated markets where consumers aren’t given a choice where to get their energy from.
Who are the energy providers in Rockwall?
Some energy providers in Rockwall are Frontier Utilities, Pulse Power, 4Change Energy, Cirro Energy, Tara Energy, Veteran Energy, and Entrust Energy.