EnergyBot uses your past electric bills to find you the best rates.
Texas electricity rates increased significantly in the past 18 months. Unfortunately, it is not likely that we will see a decrease anytime soon. This means taking the time to shop for the right plan will save you more now than ever before.
Finding the right energy plan for you home can save hundreds of dollars each year. Unfortunately, it’s not as simple as selecting the plan with the lowest rate per kilowatt-hour.
Providers have complicated terms and fees that cause your electric bill to skyrocket. That’s why reading the fine print of each plan is important. That’s why you should always read the Energy Facts Label for the energy plans you are considering.The Energy Fact Label discloses important information about the plan. You can see info like rate, contract length and if it's fixed-rate.
EnergyBot shows you the important information upfront. You can start browsing the best energy plans here.
Texas has a deregulated energy market. That means most Texans can compare electricity rates and plans from third-party electricity providers.
EnergyBot simplifies Texas energy rate comparisons by linking to your utility data, helping you find the best plan for your home or business. You can switch electricity providers using our platform in about 5 minutes.
Retail Electricity Providers (REPs) buy energy on the wholesale market from energy generation companies. They then sell it to consumers (you). In Texas, there are several dozen electricity providers. Popular name brands include TXU Energy, Reliant Energy, and Cirro Energy.
We exclusively partner with top-rated energy providers in Texas. To compare Texas energy providers head to head enter your zip code here and link your utility data.
Getting the lowest cost energy plan can equate to a big relief your bottom line. Our average business customer saves 20% on their annual energy costs. If you spend several thousands of dollars on electricity a month that can take a chunk out of your bottom line.
Like residential energy plans, commercial energy plans have complicated terms and conditions. For large businesses, there are even more rate structures and conditions. Business energy plans do not have an Energy Facts Label.
If you have questions about an energy plan contact us, and we will be happy to answer your questions.
In 2002, Texas became a deregulated energy state. Deregulated energy markets allow for its customers to shop in a competitive market. Texas residents can shop for energy plans and choose their energy supplier.
The Texas electricity market deregulated in 2002, while the gas market is not. Unlike electricity you must use the natural gas company for your area. For example, most of the DFW area uses Atmos Energy.
Learn more about energy deregulation and which states have open electric markets here.
Shocked by your electric bill? You may want to see if switching to a new energy provider makes financial sense. Consider the current price of electricity, early termination fees and other factors.
Once you have reviewed your current contract and know what. If any termination fees you have, switching plans is simple. You can browse rates and switch online in about 5 minutes using our tools.
There are various types of energy plans that use different types of pricing models. Without going into too much detail, we will focus on the two most common types of energy plans. Fixed rate and variable rate.
The simple definition of a fixed rate plan is that you are signing up for a contract with a fixed rate. That rate will remain constant for the term of the contract. Regardless of weather, natural events or market volatility, your rate will not change. In most cases, fixed rate plans will have a term length of 12, 24, or 36 months.
The simple definition of a variable rate plan is that you are signing up for a contract with a variable rate. The rate will change on monthly basis based on market factors. Variable plans offer more flexibility but also present more volatility in pricing. Leaving you vulnerable to factors that may affect your monthly electricity bill.
By signing up for a longer contract with an energy providers (2 -3 years), you can usually get a lower rate. With longer terms, suppliers are able to forecast usage better. This allows them to buy energy futures to balance supply and demand. Providers will often pass those savings on to you.
Electricity is a commodity. When you choose a an energy provider there is no real difference in the electricity you receive. Electricity from provider A is the same as from provider B.
There are some things you should keep in mind when comparing providers.
Energy supplier do differ on customer service, billing tools, and usage monitoring. If you don't care about online tools you might be able to get a lower rate from smaller supplier.
Most suppliers offer online billing, but larger suppliers have more tools and support. The local utility handles the delivery of your power. For example, in Houston the utility is Centerpoint. They handle outages, maintain the grid etc.
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