Collinsville Electricity Rates
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Available Electricity Companies in Collinsville
Plan Name: Simply Select 9
Term: 9 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan Description:
Mother Nature’s clean energy powers your plan. Not only will you get a fixed rate at a great price, but you’ll do your part in ensuring a greener planet. Plus, no hidden fees ever, 7-day-a-week customer support, and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!
- Plan Name: The Gruene 18
Term: 18 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Energy Texas
Early Termination Fee: $275.00Plan Description:
Power your home from deep in the heart of Texas Gruene 18 . Rangler Rewards Included . Giddy Up Guaranteed!
- Plan Name: 36 Inflation Fix
Term: 36 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Energy Texas
Early Termination Fee: $500.00Plan Description:
Protect yourself against inflation and lock in your rate for 3 years with our most competitive pricing . Rangler Rewards Included . . Giddy Up Guaranteed!
- Plan Name: Simply Select 16
Term: 16 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan Description:
Mother Nature’s clean energy powers your plan. Not only will you get a fixed rate at a great price, but you’ll do your part in ensuring a greener planet. Plus, no hidden fees ever, 7-day-a-week customer support, and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!
- Plan Name: Bigger Than Texas 24
Term: 24 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Energy Texas
Early Termination Fee: $400.00Plan Description:
Set it and forget it for 24 months with our Bigger Than Texas 24 . Rangler Rewards Included . Giddy Up Guaranteed!
- Plan Name: Come & Take It 12
Term: 12 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Energy Texas
Early Termination Fee: $250.00Plan Description:
Lock in a great rate for a year with our Come and Take it 12 . Rangler Rewards Included . Giddy Up Guaranteed!
- Plan Name: Clean & Green 12
Term: 12 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Energy Texas
Early Termination Fee: $250.00Plan Description:
Power your home with renewable energy straight from Texas wind and solar farms . 100% Renewable Energy . Rangler Rewards Included . Giddy Up Guaranteed!
- Plan Name: Simply Select 24
Term: 24 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan Description:
Lock in a 100% renewable plan at a great fixed rate and enjoy the peace of mind that you’re doing your part for a cleaner energy future. Plus, no hidden fees ever, 7-day-a-week customer support and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!
- Plan Name: Simply Select 12
Term: 12 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan Description:
Mother Nature’s clean energy powers your plan. Not only will you get a fixed rate at a great price, but you’ll do your part in ensuring a greener planet. Plus, no hidden fees ever, 7-day-a-week customer support, and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!
- Plan Name: Simply Select 36
Term: 36 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan Description:
Get our best-priced, 100%-renewable plan and feel great about what you’re paying and the impact you’re making for the long-term. Plus, no hidden fees ever, 7-day-a-week customer support, and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!
- Plan Name: Two Months Free 24
Term: 24 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Rhythm
Early Termination Fee: $20.00 Months RemainingPlan Description:
Know what's better than a new electricity plan? A new electricity plan that comes with two months of free electricity.
- Plan Name: Energy Texas Monthly
Term: 1 Months Fixed
Product: Electric
Utility: Oncor (TX)
Supplier: Energy Texas
Early Termination Fee: $0Plan Description:
Our flexible 100% green month to month plan lets you change your plan at any time with no penalty . Renewable energy straight from Texas wind and solar farms . Rangler Rewards Included . Giddy Up Guaranteed!
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 Collinsville TX Electric Companies and Find the Best Prices in 2023
Are you searching for a cheaper electricity rate? Do you need a new energy plan for your business? You've come to the right place! This article is your ultimate guide to finding the best electricity rates Collinsville has to offer, comparing providers and plans, and making the switch to a more wallet-friendly energy solution.
Short Summary
- Collinsville'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 Collinsville's Deregulated Energy Market
Collinsville, Texas is located in a deregulated energy market, which means that its residents have the freedom to choose their electricity providers. With this freedom, they also should put effort into researching and comparing various rates, plans, and providers to get the best deal.
As you explore Collinsville electricity rates, it's important to consider details like the rate itself, the length of the contract, and any additional fees. Are you ready to learn more? Let's continue on.
Current Collinsville Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Collinsville. Below are the current average Collinsville 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.
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Future Collinsville Electricity Rates Predictions
Of course we should think about where the electricity prices are heading in the future. Although it's impossible to predict this perfectly, we can project prices by analyzing the energy futures 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 Collinsville, TX. Below is the newest chart for the energy future market in this region that our energy advisors put together.
Comparing Collinsville TX Electric Companies
When comparing energy companies in Collinsville 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 Collinsville as easy as one, two, three.
Step 1: Enter Your Zip Code
This will direct you to all our available electricity plans in Collinsville TX.
Step 2: Compare Rates And Electric Providers in Collinsville TX
This is the fun part. Our easy-to-use interface allows you to compare all the electricity providers in Collinsville 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 Collinsville TX
It is important to consider these 5 features of an electric provider when making your comparisons:
- Price - First and foremost, price is crucial when comparing Collinsville 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 Collinsville Energy Companies
Determining the best electric company in Collinsville TX is quite challenging. We can take a look at the U.S. Energy Information Administration's annual report that ranks the providers based on the number of customers they have. The top 10 companies for the previous year are listed 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
It is important that I clarify those 10 companies are not your only options. We recommend that you consider smaller companies that might be new to the market as well. These companies often offer the cheapest rates in order to build their customer base. Rest assured that EnergyPricing.com has done the homework on each company on our website to make sure they are reliable.
Types of Electricity Plans in Collinsville TX
Still unsure what type of electricity plan is the best option for your home or business? Here is some more details on each to help you decide:
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 Collinsville TX
Read through these tips for comparing energy plans:
- Look at the plan’s Electricity Facts Label: In Collinsville 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 Electricity Bill in Collinsville TX
To lower your electricity bill in Collinsville, 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
Smart Usage Habits
Moving to Collinsville, Texas: What you Need to Know about Your Electric Bill
Will you be moving to Collinsville, TX? If yes, note that Collinsville is in a deregulated electricity market. This means you can choose your own energy provider, so make sure you take time to compare the rates and find the best plan available.
Below is everything you need to know about how to set up your electricity bill in Collinsville.
Local Electric Utility Company in Collinsville
Locate your ESID number
In Collinsville, each electricity meter has a unique identifier called an Electric Service identifier (ESI ID) number. You must provide this number to the companies when setting up your Energy service. To find your ESID number, contact your local utility company or use our ESID address lookup tool while enrolling on our website.
Retail Electricity Providers in Collinsville TX
The electric companies you will choose from 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.
Compare Collinsville Electricity Rates ⇩
Commercial Electric Rates in Collinsville, Texas
If you are a business owner looking for a more affordable energy plan, we have the solution for you!
EnergyPricing.com is a platform that helps you receive quotes from multiple electric companies in Collinsville in a hassle-free manner. You can use our proprietary technology to get quotes instantly from your computer or smartphone without any difficulties. Our platform is user-friendly and easy to navigate. Join our revolution today to experience the benefits of EnergyPricing.com!
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Collinsville 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!
So far we've discussed the deregulated energy market, offered tips for comparing energy companies, and even discussed some strategies on how you can save money on your electricity bills. You are now well prepared to select a new energy plan.
Are you ready to see some savings on those monthly bills? Enter your zip code below to find some cheap rates!
Find a new electricity provider today! ⇩
Frequently Asked Questions
As of August 29, 2023, Rhythm offers some of the cheapest electricity rates in Collinsville. 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 Collinsville 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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