In any case, you can compare each company’s plans and rates to make an informed decision. While some energy companies offer low rates, others offer better benefits along with slightly higher rates. Finding the Best Houston Electricity RatesĪll Houston residents can choose from several retail electric providers to opt for the best plan for them. Use it to compare the rate plans offered by other energy supply companies to get the best rate for you. You can use the Standard Offer Program rate as your Price to Compare. You’ll get the best electricity rates if you choose another supplier. The rates in the SOP are regulated and approved by the PUCT but are higher due to additional costs. If you don’t choose an energy supplier, you will receive CenterPoint Energy’s Standard Offer Program. Residents also have green energy options to buy electricity from electric providers that use wind and solar generation techniques. You can find various Houston electricity plans from different energy providers offering varying rates.ĭue to competing energy companies, residential and business electricity rates have become lower compared to the national average. Energy Deregulation and How It Affects Houston Electricity RatesĮnergy deregulation in Texas allows all Houston residents to choose who supplies their electricity. You can learn more about Houston electricity rates and tariffs here. In the Houston service area, your local utility company is CenterPoint Energy. Furthermore, you’ll see a Gross Receipts Reimbursement Charge, non-recurring fees for new service initiation, and sales tax charges. Other delivery charges include the PUC Assessment – a fee included by the Public Utility Commission of Texas (PUCT). The TDSP Delivery Charge takes energy delivery costs into account and may fluctuate occasionally. Your utility company delivers your electricity, maintains the power lines, and handles power outages. It’s also known as the Transmission and Distribution Utility (TDU) or simply, your utility company. The delivery services are provided by your local Transmission Distribution Service Provider (TDSP). It contains information on the price per kilowatt-hour, early termination fees, and cancelation fees, among other things. The retail electricity providers in the Houston area include Pulse Power (Texas Saver), Gexa Energy, Frontier Utilities, Just Energy, TXU Energy, TriEagle Energy, First Choice Power, Direct Energy, Payless Power, 4Change Energy, and Cirro Energy, among others.Īll of these energy providers offer different plans and rates it’s best to read their Electricity Facts Label to learn more about the plan. Their electricity rates are based on the cost of electricity generation, and can differ depending on how the electricity is generated. The supplier includes electric companies that generate electricity. As of 2019, Texas is not only the largest electricity-producing state but also has the largest wind energy-generation project.įor all Houston residents, the electricity bill is divided into two categories – supply and delivery services. Some electricity companies offer renewable energy, but they’re higher per kilowatt-hours (kWh) rate electricity plans. Texas is the biggest producer of natural gas and crude oil, and as a result, most of Houston’s electricity is generated through fossil fuels. General Information on Houston Electricity Rates
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