Alvarado Electricity Rates
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Available Electricity Companies in Alvarado
Last updated: August 29, 2023

Author: Paul I. Rhoads, CEM, CEP
Paul is the Vice President of EnergyPricing.com. He has over a decade of experience in the energy industry, advising clients on how to get the best electricity rates and providers. In addition to his vast experience, Paul is a Certified Energy Manager (CEM) and Certified Energy Procurement Professional (CEP).
Compare Alvarado TX Electric Companies and Find the Best Prices in 2023
Are your electricity bills too high recently? Looking for a more affordable energy contract in Alvarado, Texas? You are in the right spot! This article is the complete guide to finding and comparing rates, help you find the best electricity plans available.
Short Summary
- Alvarado's deregulated energy market gives you the power to pick the perfect electricity plan for your needs.
- Don't just make a quick decision - compare features, weigh factors & shop around on EnergyPricing.com.
- Learn how to electrify your energy savings with some energy-saving tips!
Understanding Alvarado's Deregulated Energy Market
The energy market in Texas is deregulated, meaning that Alvarado residents have the power to choose their own energy provider. With this, they should put forth effort researching various providers, plans, and rates in order to secure the best deals available to them.
As you do your research, it is important to look at a few key factors of an energy plan. This includes the rate itself, the length of the contract, and any additional fees (such as monthly charges or early termination fees).
Current Alvarado Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Alvarado. Below are the current average Alvarado electricity rates offered by retail electricity providers. To access the latest rates, enter your zip code to get started.
- 12-Month Fixed Rate of $0.1512 per kWh
- 24-Month Fixed Rate of $0.1448 per kWh
- 36-Month Fixed Rate of $0.1452 per kWh
Source: This data is based on the average fixed-rate Oncor residential plans (per 1,000 kWh) offered by Retail Electricity Providers as of August 29, 2023.
View current electricity rates ⇩
Future Alvarado Electricity Rates Predictions
You may be wondering what the Texas electricity prices will be in the future. It is impossible to know for sure, but we can forecast prices by analyzing the energy future market.
The Energy Future operates similarly to the stock market, where traders purchase and trade energy contracts based on their projections of future energy prices. Essentially, it can provide insights into the electricity market in Alvarado, Texas. Take a look at the newest chart for the energy future market.

Comparing Alvarado TX Electric Companies
When comparing energy companies in Alvarado TX, you have many options. Currently, there are more than 100 providers registered with the Public Utility Commission of Texas. That's a lot of choices!
Luckily, EnergyPricing.com's easy-to-user interface makes comparing energy providers in Alvarado as easy as one, two, three.
Step 1: Enter Your Zip Code
This will direct you to all our available electricity plans in Alvarado TX.
Step 2: Compare Rates And Electric Providers in Alvarado TX
This is the fun part. Our easy-to-use interface allows you to compare all the electricity providers in Alvarado effortlessly.
Do you want to see how it works in real time? Watch the video below.
Factors to Consider When Choosing an Electricity Provider in Alvarado TX
These few factors are very important to consider when choose an electric provider:
- Price - First and foremost, price is crucial when comparing Alvarado energy companies. However, compare apples to apples when comparing providers’ rates. As we’ll learn later, some providers have promotional energy plans that may be misleading on price.
- Read Customer Reviews - To understand a company’s customer service, check out their reviews on Google. What are other customers saying about the service they’re getting? Look for red flags like poor communication, unresponsive customer service, and billing issues.
- Company Size - It’s also worth checking how many customers a company has. This could be an indication of their size and stability. A more significant customer base can mean more resources and better infrastructure to handle customer demands.
- How long have they been in Business? - Researching the history of a company can help you form an opinion on how reliable and trustworthy they are. You can find this information on their website or by reading reviews online. A company with a long history of providing reliable service is a good sign that they’re here to stay.
- Lastly, read the Contract - Don’t just quickly sign the electricity contract and hope for the best. Read the entire agreement carefully before committing yourself to any provider.
Best Alvarado Electric Company
You may be wondering who the best energy companies in Alvarado Texas are. This is difficult to determine at any particular time, but we can look at the report from the U.S. Energy Information Administration that shows who the most popular companies are. The top 10 are below:
- TXU Energy Retail Co, LLC - 1,668,676 Customers
- Reliant Energy Retail Services- 1,440,089 Customers
- Direct Energy Services- 516,248 Customers
- Ambit Energy Holdings, LLC- 408,661 Customers
- Green Mountain Energy Company- 364,913 Customers
- US Retailers, LLC- 348,361 Customers
- NextEra Energy Services, LLC- 293,050 Customers
- Stream SPE, LTD- 241,597 Customers
- Just Energy- 236,182 Customers
- Constellation NewEnergy, Inc 218,526 Customers
Source: U.S. Energy Information Administration (EIA), 2021 Utility Bundled Sales to Ultimate Customers- Total
To be clear, Alvarado residents should not limit the search to just the 10 companies above. It is very common for new, smaller suppliers to offer the most competitive rates on the market in order to pick up customers. We make sure to do our research on companies of all sizes and partner with the reputable ones in order to provide the best rates on the market.
Types of Electricity Plans in Alvarado TX
If you are unsure which type is the best energy plan for you, review this detailed section on each type.
Fixed-Rates Plans
With a fixed-rate plan, your electricity rate is locked in for the duration of your contract. This means that you’ll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of fluctuations in the energy market. Fixed-rate plans are popular for those who want budget certainty and stability.
Variable-Rate Plans
Unlike a fixed-rate plan, a variable-rate plan (an Indexed Plan) can fluctuate with the energy market. This means your energy bill may be higher or lower depending on the current market conditions. A Variable-rate plan can be a good option for those who don’t mind occasional rate changes and prefer flexibility.
100% Green Energy Plans
If you prioritize environmentally-friendly energy sources and don’t mind spending a little extra, a 100% Green Energy Plan is an excellent option. It’s worth noting that the electricity flowing through your power lines won’t typically be 100% Green Energy, even with this plan. Instead, most electric providers offset your property’s annual kWh usage by purchasing Renewable Energy Credits (RECs). These RECs are generally generated through solar or wind renewable energy sources.
Promotional Energy Plans
Promotional energy plans are popular among electricity consumers, as they offer lower rates or unique billing structures that can save customers money. Some of the most popular are free weekend plans or Monthly usage bill credit plans that provide credits for staying under a certain energy usage threshold. However, customers need to be cautious when choosing a promotional energy plan. It’s essential to thoroughly read the energy prover's Electricity Facts Label (EFL) to understand the price you will pay and any fine print details that may affect your overall cost.
Tips for Comparing Energy Plans in Alvarado TX
Follow these tips when comparing energy plans and it will surely help you reduce your monthly bill.
- Look at the plan’s Electricity Facts Label: In Alvarado TX, every residential electricity plan has to have an Electricity Facts Label (EFL). Think of it as a nutrition label found on many food products. This EFL will contain essential information such as the plan’s average electric rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate apples-to-apples comparison and look at the EFL!
- Compare plans based on your actual kWh electricity usage range: It’s essential to compare electricity plans based on your particular kWh monthly energy usage. For instance, if you live in an apartment and use about 500 kWh every month, it doesn’t help to look at plans designed for 2,000 kWh. It’s important to consider how much electricity you use on average and choose a plan tailored to your specific energy needs. This becomes increasingly crucial when looking at promotional plans like Usage Bill Credits.
- Note any additional fees: It’s not just about the electricity rate when comparing electricity plans. It’s essential to look at the entire picture, including any additional costs associated with the plan. These can include monthly service fees, renewable energy surcharges, or other add-ons. It’s important to factor these fees into the equation when comparing plans.
- Consider 100% Green Plans: A 100% Green Energy Plan may be the perfect option for those who prioritize environmentally-friendly energy sources. While these green energy plans often cost slightly more than traditional plans, many customers find the added expense worthwhile.
- Factor in Contract Length: When choosing an electricity plan, it’s essential to consider the contract length. Fixed-rate plans typically have contract lengths ranging from 6 months to 3 years, while variable-rate plans may have no set contract period. Understanding any early termination fees associated with a plan is essential, as switching plans before the contract is up can result in penalties.
Saving Money on Your Energy Bill in Alvarado TX
To lower your electricity bill, try switching electricity providers, investing in energy-efficient equipment, and be mindful of your energy usage habits.
Switch Electricity Providers
Invest in Energy Efficient Equipment
To save on your electricity bill, invest in energy-efficient appliances like LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. Remember to unplug electronics when not in use, use power strips to turn off multiple devices, and install motion sensors or timers to automatically switch off lights when not needed.
Smart Usage Habits
In the effort to reduce your electricity costs, adopting smart usage habits can make a major difference. Actions like turning off lights and electronics when not in use, sealing air leaks, and using fans instead of air conditioning can reduce energy consumption and lower monthly bills.
Moving to Alvarado, Texas: What you Need to Know about Your Electric Bill
Are you planning to relocate to Alvarado, TX? If so, it's important to note that Alvarado operates in a deregulated electricity market. This allows you the freedom to select and compare various electricity providers and plans, ensuring that you secure the most favorable rates available. Take advantage of this opportunity to find the best electricity plan that suit your needs.
Below is everything you need to know about how to set up your electricity bill in Alvarado.
Local Electric Utility Company in Alvarado

Locate your ESID number
In Alvarado, each electricity meter has a unique identifier called an Electric Service identifier (ESI ID) number. If you need your ESID number, contact your local utility company or use our ESID address lookup tool while enrolling on our website. You must provide this number to the companies when setting up your electricity service.
Retail Electricity Providers in Alvarado TX
The electric companies you will choose from when setting up your service are called Retail Electricity Providers (REPs). To set up your electric service, enter your zip code below, select the REP you prefer, and let them know your move-in date.
Find Alvarado Electricity Rates ⇩
Commercial Electric Rates in Alvarado, Texas
Business owners can see huge savings on their energy bills when they search on EnergyPricing.com.
EnergyPricing.com is a platform that helps you quickly receive quotes from multiple electric companies in Alvarado in a hassle-free manner. No need for the countless phone calls or meetings anymore. Our platform is user-friendly and easy to navigate. Reach out today to begin experiencing these benefits:
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Alvarado electric companies. Just sit back and watch the bids come in!
- Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose how much providers compensate us. Due to our automated online pricing process, we can offer some of the lowest business electricity rates in the market.
- Expert Advice: Unsure of which plan or provider to go with? No problem! You will have access to an industry expert that can help you throughout the pricing process.
Ready to Start Pricing? Save Today!
Are you ready to find a better energy plan for your home or business? Start comparing rates now to see your savings!. All you need to do to start is simply enter your zip code below.
Compare Alvarado Electricity Rates Today! ⇩
Frequently Asked Questions
As of August 29, 2023, Rhythm offers some of the cheapest electricity rates in Alvarado. Remember, rates change daily, so you can always compare prices on EnergyPricing.com to find the best deals.
You can rely on Oncor, your local utility company, for delivering and maintaining your electricity. If there's a power outage, just contact them to get you back up and running.
As of August 29, 2023, the current average 12-month Fixed Rate for residential customers in Alvarado is $0.1512 per 1,000 kWh. Remember, rates are constantly changing, so be sure to shop around for the best rates on EnergyPricing.com.
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