Fixed-Rate Plan

A fixed-rate plan is a type of electricity plan that charges you the same amount for electricity each month. With a fixed-rate plan, you’ll know exactly what your electric bill will be each month, which can be helpful if you’re on a tight budget. 

Fixed-rate plans are available from both utility companies and private providers, and they usually last for one or two years. 

If you’re looking for a predictable electric bill, then a fixed-rate plan may be the right choice for you.

Variable-Rate Plan

 A variable rate plan is an electricity plan that charges you different rates for electricity depending on the market price. 

A variable rate plan may be a good choice if you want to save money when the market price of electricity is low and pay more when it’s high. However, this type of plan has some risks too:   

1) You could end up paying more than your budget can handle during periods of extreme spikes in the cost of electricity; 

2) If the cost of electricity goes down, then so does your savings; 

3) If you switch providers, then you’ll have to pay an exit fee for leaving one provider and joining another. 

All these factors make it important to compare providers before deciding which one is best for you.

What is a Time-of-Use Plan?

A time of use plan is an electricity plan that charges you different rates for energy depending on the time of day. Unlike flat-rate plans, which charge the same amount no matter when you use electricity, these plans charge more during peak hours and less during off-peak hours. The idea behind them is to encourage people to conserve energy where possible by using it at times when demand is low.

Standard benefits of a Time-of-Use Plan:

– Avoid high rates during peak hours

– Get rewarded with lower rates and credits for conserving energy

– Reduce your reliance on the utility grid

Frequently Asked Questions 

What is Power to Choose?

Power to Choose is a digital platform that allows Texas residents in deregulated cities like Dallas, Houston, and Austin to find the best energy solution for them based on their specific needs. They have organized all of our top electricity plans, providers, rates – so you can compare them side-by-side! Comparing these options quickly gives people an idea of what will work best with low prices!

What is the Energy Action Plan (EAP) of Sonora?

Sonora Business Council proposed 4-year EAP for Sonora on 5th March 2018 which was taken up by the city on the basis of cost-energy efficiency, expansion, and renewable energy plan. The city energy plan includes savings by going green (where possible) reducing the use of electricity, propane, and wood.

How would I benefit from deregulation?

Fortunately, Sonora the city of Texas discourages monopoly for energy supply and offers competition giving power to consumers to choose providers, compare electricity rates, and select plans according to their needs at economical prices.

Energy deregulation allows you to evaluate electricity providers, electricity plans, and rates with city energy rates as per your preference. Competitors offer cheap electricity rates, efficient energy plans, and even other perks to win consumers. If desired, you can even switch your provider.

What energy plan length options are available?

Depending on the provider and type of plan, the duration period for electrical usage may vary from monthly or quarterly to 3 years.

What kinds of plans are available?

Every electricity provider has different packages but the two very basic kinds are Fixed-rate plans and Variable-rate plans.

What is the difference between Fixed and Variable-rate plans?

The fixed-rate plan lets you enjoy a specific energy rate irrespective of temperature, fluctuation in market rate, and any instability in the market for a certain period of time (length of your contract varying from 3 months to 3 years) and is considered as a saving plan but one has to go into a contract to abide by this plan for that certain period of time, breaching the same may involve penalty amount.

However, if you choose a Variable-rate plan your billing shows different figures according to the use, change in temperature, electricity rate according to changing market but you enjoy the liberty to change this plan according to your wish as this is a monthly basis plan.

Do the electricity providers have the same plans for all cities?

Diverse plans are offered considering types of consumers i.e., resident or business/commercial.

Why should I choose a green energy plan?

It is energy generated from natural resources (water, sunlight, wind, etc.) and is a way of being nature/environment friendly. By going green we help our planet to stay safe and contribute as responsible people.

What are the average electricity rates in Sonora?

As per the latest data provided by Energy, outlet Texas dates 23rd Feb, 2011average monthly rate per kWh rages from $0.067 to $0.096.

How do I find an energy provider for my area?

There is an updated list of Energy providers available on the Energy outlet website, all you need to do is to enter the zip code of your area to find energy providers, comparing rates, and select what suits your needs and meets your budget.

What is Energy Outlet? How does it help me find the best energy plan?

Being a deregulated city in Texas, Sonora offers you quite a few electricity plans. Online energy shopping makes it easier for you to compare different energy plans near you and select the one that fits your requirements and budget. Energy Outlet allows users to shop for electricity plans online. It gives you an opportunity to filter the list of the plans by energy rate, term, and other variables. You can compare different options and choose a plan that matches your preference.

How do I find my current energy rate and usage?

Your current energy rate and usage will be outlined in your energy bills. Check your latest electricity bills to identify your energy usage levels. Alternatively, you can gather the information about different electricity plans online or ask your landlord to send you the details.

What is the electricity facts label?

The EFL contains information about different electricity plans. From the date your contract starts to the early termination fee, the EFL has all the details you need to know about the energy plan in Sonora. Make sure you give this fine print a read before making any decision. You don’t want to end up with a plan that costs you more than what you are currently paying. The EFL will give you all the necessary details of the plan you may want to know when making a switch.

Which electricity provider in Sonora offers the cheapest electricity plan?

There are quite a few energy providers in Sonora that offer cheap-rate electricity plans to homeowners. Frontier Utilities, Gexa, TXU, and Pulse Power, are a few electricity suppliers in the area that offer cheap-rate energy plans. You can visit Power to Choose or Energy Outlet and filter the list of the energy plans by electricity rates.

What is a short-term and long-term energy plan?

The short-term energy plan does not come with any fixed contract. These plans last for only a short duration, i.e., a few months. The long-term plans, on the other hand, can last for a few months to several years. Usually, these are the fixed-rate energy plans that are associated with a fixed duration. The short-term plans will be renewed automatically every few months. You can cancel these plans anytime you want.

What are the common types of energy plans available in Sonora?

The fixed-rate and variable-rate plans are the most common types of electricity plans in Sonora. Both plans have varying lengths and different rates. If you want a stable-rate plan that lasts through the entire length of the contract, then the fixed-rate plan is your best bet. For those who are on the lookout for a plan that comes with a fluctuating rate, the variable-rate plan is your ideal choice. You could also find the reward-based energy plans that come with special rewards and offers. The free night and free weekend are the most popular rewards.