Electricity Rates in Cypress TX
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Available Electric Companies in Cypress TX
Last updated: August 25, 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 Electricity Companies in Cypress TX and Find the Best Prices in 2023
If you feel like you're spending too much money on electricity in Cypress and want to handle your energy expenses more effectively, you're in luck! This article will be your go-to resource for discovering the top electricity rates available in Cypress, comparing different providers and plans, and transferring your services to an energy solution that's more affordable. With this guide, you'll be able to power either your household or business for less.
Short Summary
- Cypress'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 Cypress's Deregulated Energy Market
Cypress residents have the option to choose their energy providers as the market is deregulated. But they must invest time into researching and comparing rates, plans, and providers to find the most favorable deal. To begin exploring Cypress electricity rates, remember to take into account the rate, contract length, and any extra fees. Are you ready to learn more about Cypress's rates? Let's get started!
Current Cypress Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Cypress. Below are the current average Cypress electricity rates offered by retail electricity providers. To access the latest rates, enter your zip code to get started.
- 12-Month Fixed Rate of $0.1527 per kWh
- 24-Month Fixed Rate of $0.1492 per kWh
- 36-Month Fixed Rate of $0.1497 per kWh
Source: This data is based on the average fixed-rate Centerpoint Energy residential plans (per 1,000 kWh) offered by Retail Electricity Providers as of August 25, 2023.
Future Cypress Electric Rate Predictions
Do you want an estimated forecast of electricity prices in Cypress based on analysis of the energy market? Please note that this is not a precise prediction. The Energy Future is a market that works like the stock market. In this market, traders buy and sell energy contracts based on their predictions of future energy prices. This market can offer valuable information about the electricity market in Cypress, TX. Here is the latest chart for the energy future market in this area.

Comparing Electric Companies in Cypress TX
When comparing energy companies in Cypress 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 Cypress as easy as one, two, three.
Do you want to see how it works in real time? Watch the video below.
Factors to Consider When Choosing an Cypress Electric Company
If you're finding it difficult to compare energy providers in Cypress due to the many options available, don't worry. EnergyPricing.com can assist you. Just follow the three steps mentioned earlier and consider the following factors when comparing providers.
- Price - First and foremost, price is crucial when comparing Cypress 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 Electricity Providers in Cypress TX
To find the top energy provider in Cypress TX, one can refer to the U.S. Energy Information Administration's report which ranks providers according to the number of customers they have. This ranking indicates which energy companies are the most widely used in Cypress.
- 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
If you live in Cypress TX, please don't assume that the energy providers I mentioned earlier are your only options. Often, the newer providers offer excellent deals that beat the well-known companies. EnergyPricing.com thoroughly researches and partners only with reputable electricity providers to assist you.
Types of Electricity Plans in Cypress TX
Do you need help choosing the best energy plan in Cypress? Here is a breakdown of the most common plan types and their benefits to assist you in making an informed decision.
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 (also known as 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 Cypress TX
Looking to lower your monthly electricity bill in Cypress, TX? These tips can help you easily find the ideal electricity plan.
- Look at the plan's Electricity Facts Label: In Cypress 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 Cypress TX
Switch Electricity Providers
Invest in Energy Efficient Equipment
Smart Usage Habits
Moving to Cypress, Texas: What you Need to Know about Your Electric Bill
Local Electric Utility Company in Cypress Texas
Centerpoint Energy is the electricity company for the Cypress area. They deliver electricity from power plants to homes and businesses and maintain the electrical infrastructure. If there are any power outages, you should contact Centerpoint Energy, not your Retail Electricity Provider.

Locate your ESID number
To set up Energy service in Cypress, you need to provide your Electric Service identifier (ESI ID) number, which is unique to your electricity meter. You can obtain this number by contacting your local utility company or by using our ESID address lookup tool when enrolling on our website.
Electricity Providers in Cypress TX
To set up your electricity service in Cypress, you can choose a Retail Electricity Provider (REP). Enter your zip code below and select your preferred REP. Once you have chosen a REP, inform them of your move-in date to complete the process. The process is simple!
Commercial Electric Rates in Cypress, Texas
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Cypress 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!
Frequently Asked Questions
As of August 25, 2023, Rhythm offers some of the cheapest electricity rates in Cypress. Remember, rates change daily, so you can always compare prices on EnergyPricing.com to find the best deals.
You can rely on Centerpoint Energy, 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 25, 2023, the current average 12-month Fixed Rate for residential customers in Cypress is $0.1527 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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