Energy Companies

Find the best electricity companies in Texas

Energy deregulation in Texas means you have the opportunity to shop electric companies to find the one that's right for you. What are the best electricity companies? That depends on what YOU want. Here at SaveOnEnergy.com®, we work with nearly all the top electric companies to make sure you'll get reliable, straightforward service and plans, regardless of the retail electricity provider you choose.

But wait, you're asking, isn't that what the PowerToChoose.org website does? Not exactly. That site, a product of the Public Utility Commission of Texas, does list electricity providers in Texas – all retail energy providers. It doesn't distinguish among those with multiple customer service complaints or violations of state regulations.

SaveOnEnergy vets the providers it works with to make sure policies and pricing are transparent and fair. Plus, we're here to walk you through every step of the process.

How do I begin?

Start by entering your ZIP code above. We'll show you the plans electricity companies offer in your area. Then you can sort by rate, term and brand to narrow down your choices. Some advice on each category:

Rate

Seems simple enough. The lowest rate is the best, right? Not so fast. Consider that there are different kinds of rates:

  • Fixed rates: Fixed rates provide stability for customers. Fixed rates will stay the same throughout a contract, though there are fluctuations tied to the amount of kilowatt hours (kWh) used by customers.
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  • Variable rates: Rates can change from month to month, generally rising or falling with fluctuations within the wholesale electricity market.
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  • Indexed rates: This is a type of variable rate plan – prices are tied to specific variables in the energy market.
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Term

Terms can vary from four to 36 months and sometimes longer.

  • Advantages of shorter terms: They sometimes have lower rates.
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  • Disadvantages of shorter terms: After the initial terms, they can renew at higher rates.
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  • Advantages of longer terms: You can lock in price stability for years at a time, giving you some level of predictability on your bills – given consistent usage.
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  • Disadvantages of longer terms: Cancellation fees. If you decide you don't like your plan, you'll have to pay a fee to get out of it. However, if you're canceling because you're moving, you likely will be off the hook for the cancellation fee.
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Which is right for you? That's for you to decide. If you're a gambler, you could go for a shorter term and look for something lower when renewal time comes around. If you want security, a longer term could be your choice.

Brand

Because deregulation has been in effect for such a long time in the state, Texans are more savvy about the process than consumers in other states. That means they recognize many of the top brands and understand the importance of what's in a name.

That said, a little refresher on brands won't hurt.

  • Customer service. Does the brand have 24/7 customer service? Some problems don't occur during regular business hours?
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  • Complaints. Is there a history of complaints against the provider? Or does it have a proven record of responding quickly and fairly to issues that may crop up?
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  • Violations. The Public Utility Commission of Texas keeps watch over providers to make sure customers are treated fairly. Make sure the supplier you're interested in hasn't been charged with multiple violations.
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Other considerations

Among other factors to take into account when selecting an energy provider are the following:

  • Prepaid plans: Customers choosing these plans pay for service ahead of time. If these consumers use all the power they've paid for, they must purchase more electricity to maintain service. This option typically is offered to customers who want to avoid deposits to start service.
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  • Green and renewable energy plans: These allow customers to offset their home's carbon footprint. Wind and solar energy provide most of the power for these plans; the renewable portion of the plan can even reach 100 percent. These plans have become more competitive with time.
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  • Home services: Many retail electricity providers also offer home services to new and existing customers – appliance protection plans, HVAC updates and repairs, smart thermostat installations, generators and more.
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What else should I know?

Some of the following items have been covered above, but they bear repeating before you sign up for a plan. Remember to think about the following when considering a provider:

  • Understand usage: Many providers adjust rates according to usage levels. For example, you might pay a different rate for the first 1,000 kilowatts and a different rate for anything over that amount.
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  • Don't skip the fine print. Each plan comes with an Electricity Facts Label (EFL). It's long, boring = and important! Be sure to read and understand it before you agree.
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  • Ask questions. If there's anything about your plan you don't understand or are unsure about, ask someone official.
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  • Get the lowdown: Talk to other folks about providers. Family, friends and neighbors can all have perspectives that could help with the choice.
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  • Look for extras: Some providers make extensive charitable donations, others offer smart thermometers and other equipment, and some give rewards for referrals. Decide what types of extras you want from a provider and see if any provide them.
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Finally, remember that when you work with SaveOnEnergy.com, you're working with energy experts who will listen to your wants and craft a plan that's right. Give us a call and we'll help find what YOU need for your situation.

Get the lowdown on electricity companies

Whether you're moving to a deregulated area for the first time or you're unhappy with your current supply plan, you should take the time to learn more about the electric companies. Retail energy companies, for example, purchase energy wholesale and then resell that energy in supply plans that fit customers' needs.

Each of the electricity companies or natural gas suppliers offers different benefits for consumers. One thing is for sure: There is an energy supply plan out there for everyone. Use your power to choose and find the one that's right for you. The SaveOnEnergy.com Partners you see below are retail energy suppliers that sell plans in our marketplace.

Of course, choosing a new electricity supplier or natural gas supplier does not mean you are replacing your utility. Your utility will still deliver whatever energy supply you choose, safely and reliably. Since your utility company depends on where you live, you don't have to worry about choosing a utility company. In general, utilities are responsible for maintaining the energy infrastructure. If you experience a power outage or see a downed power line, call your utility company. These are listed in the Utility Companies column below.

In addition to suppliers we work with and the utilities mentioned above, there are other energy companies. The Retailers column below includes information on other electric providers that could offer service where you live.


Updated: 6-6-2018


Energy Companies