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Last Updated: January 31, 2024

Author: Paul I. Rhoads, CEM, CEP


Compare Hillsboro Electricity Rates for 2024

If you're wondering if you're paying too much for electricity in Hillsboro and looking to manage your energy costs better, you're in the right place! This article is your comprehensive guide, helping you find the best electricity rate in Hillsboro. You'll also learn how to compare providers and plans and make the switch to a more budget-friendly energy solution.

Get ready to power your home or business confidently, knowing you've made a smart choice for your energy needs. 

Understanding Hillsboro's Deregulated Energy Market

The energy market is deregulated in Hillsboro, Texas. This empowers residents to select their electricity providers freely. However, it also necessitates thorough research and comparing rates, plans, and providers to secure the most advantageous deal.

Before diving into Hillsboro energy rates, consider critical factors such as the rate, contract duration, and potential fees. Ready to uncover more about Hillsboro's electricity rates? Let's get started! 

Comparing Hillsboro Electric Companies

Finding the best electricity rates in Hillsboro doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing rates is a breeze!

Compare Electric Rates in Hillsboro in just 3 Easy Steps:

  1. Click the Get Started Button: This will direct you to all our available electricity providers in your area.
  2. Compare Rates and Providers: Our easy-to-use interface allows you to compare all the providers and plans effortlessly.
  3. Enroll Online: Once you find the perfect plan, you can enroll online in less that 2 minutes.

Would you like to see how it works in real-time? Watch the video below to learn how shop online with EnergyPricing.com.

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Choosing an Hillsboro Electric Company

When shopping for electricity providers in Hillsboro, there are a few important factors to consider. These include:

  1. Price: Be sure to compare different rates and plans from each provider to find the best options for your needs and budget.
  2. Read Customer Reviews:  Many customers will post reviews of their experience with each provider. This can be a great way to get an idea of the customer service and reliability of each company.
  3. Company Size: Consider the number of customers a company has. It can indicate their size and stability. A larger customer base means more resources to meet customer demands.
  4. Company History: Researching a company's history can help you gauge its reliability. A company with a long history of reliable service is a positive sign of its longevity.
  5. Read the Contract: Read the entire agreement carefully before committing yourself to any provider. Look for hidden fees or penalties, cancellation clauses, and contract length.

Best Hillsboro Electric Company

Finding the top electricity company in Hillsboro, TX, requires extensive research. However, we can trust the U.S. Energy Information Administration report, which ranks providers based on customer numbers. This ranking reveals the most popular energy companies in Hillsboro.

  1. TXU Energy Retail Co, LLC – 1,668,676 Customers
  2. Reliant Energy Retail Services- 1,440,089 Customers
  3. Direct Energy Services- 516,248 Customers
  4. Ambit Energy Holdings, LLC- 408,661 Customers
  5. Green Mountain Energy Company- 364,913 Customers
  6. US Retailers, LLC- 348,361 Customers
  7. NextEra Energy Services, LLC- 293,050 Customers
  8. Stream SPE, LTD- 241,597 Customers
  9. Just Energy- 236,182 Customers
  10. Constellation NewEnergy, Inc - 218,526 Customers

If you reside in Hillsboro, TX, I want to clarify that you should open your options to something other than the electricity providers I mentioned. Some of the most favorable deals in Hillsboro, TX, have historically come from emerging suppliers willing to offer better prices than the established players. At EnergyPricing.com, we have researched for you and only collaborate with trustworthy electricity providers.

Types of Hillsboro Energy Plans

If you're searching for the top energy plans in Hillsboro but are still deciding, we've got you covered. Below, I've included details about the frequently offered types of plans and their advantages. This information will help you make a well-informed decision.

Fixed-Rates Plans -  With a fixed-rate energy plan, your electricity rate is locked in for the duration of your contract. This means you'll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of market fluctuations.

Variable-Rate Plans - Unlike fixed-rate plans, variable-rate plans (Indexed Plans) have rates that fluctuate with the energy market. Your bill may vary based on market conditions. 

100% Green Energy Plans - If you prioritize environmentally friendly energy and don't mind the extra cost, a 100% Green Energy Plan is a great choice. However, it's important to note that the electricity flowing through your power lines may not be 100% Green Energy even with this plan. Instead, most electric providers offset your energy usage by purchasing Renewable Energy Credits (RECs) generated from solar or wind energy.

Promotional Energy Plans - Promotional energy plans offer savings through lower rates or unique billing structures. Popular options include free weekend plans and Monthly usage bill credit plans. However, customers should carefully review the Supplier's Electricity Facts Label (EFL) to understand pricing and potential additional costs.

Tips for Comparing Energy Plans in Hillsboro TX

Fret not if you're seeking ways to lower your monthly electricity bill in Hillsboro, TX! These tips can help you quickly find the best electricity plan.

  1. Check the plan's Electricity Facts Label (EFL): Every residential electricity plan in Texas must have an EFL. It's like a nutrition label for electricity plans. The EFL provides important details such as the average electricity rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate electric rates comparison. Look at the EFL!
  2. Look up your kWh Usage. To compare plans effectively, consider your specific kWh usage. For example, if you use about 500 kWh per month, focus on plans tailored to your needs. This is especially important for promotional plans that offer credits for staying under a usage threshold.
  3. Note any additional fees: Besides the electricity rate, consider other costs, monthly service fees, cancellation fees, and other add-ons. It’s important to factor these fees into the equation when comparing plans.
  4. Consider 100% Green Plans: A 100% Green Energy Plan may be the perfect option for those prioritizing environmentally-friendly energy sources.
  5. Contract Length: Most electric providers offer plans from one month to three years. You may be able to save money with a longer-term plan, but make sure you understand the cancellation fees before committing yourself to any provider.

Saving Money on Your Electricity Bill in Hillsboro, TX

To reduce your electricity bill in Hillsboro, consider shopping for better rates, investing in energy-efficient equipment, and being mindful of your energy consumption habits. By following these suggestions and understanding the different providers and rates, you can save money on energy expenses.

Shop for Better Rates - To lower your monthly electricity bill, consider shopping around for better rates. One option is Texas PUC's shopping website, Power to Choose. It's important to note that any licensed provider can post offers there, regardless of reputation and customer service complaints.Unlike the state shopping website, EnergyPricing.com pre-screens all our suppliers and energy plans to bring you the best options.

Energy Efficiency Measures - Another way to lower your electricity bill is to invest in energy-efficient measures. Opt for LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. These choices will save you money and contribute to a greener and more sustainable future.

Smart Usage Habits - Alongside investing in energy efficiency measures, embracing smart energy usage habits can significantly contribute to saving on your electricity bills. You can actively reduce your energy consumption and enjoy lower monthly bills by turning off lights and electronics when not in use, sealing air leaks in your home, and opting for fans instead of air conditioning.

Moving to Hillsboro, Texas: What you Need to Know about Your Electric Bill

Are you planning to relocate to Hillsboro, TX? If so, it's important to note that Hillsboro operates in a deregulated electricity market. This offers you the flexibility to select and compare various electricity providers and plans, allowing you to secure the most favorable rates available. 

Below is everything you need to know about how to set up your electricity bill in Hillsboro.

Local Electric Utility Company in Hillsboro

Oncor is the electricity company in the Hillsboro area, delivering power from plants to homes and businesses while maintaining the electrical infrastructure. If there are any power outages, please don't hesitate to contact Oncor directly, rather than your Retail Electricity Provider.

Locate your ESID number

Hillsboro assigns a unique identifier called an Electric Service Identifier (ESI ID) number to each electricity meter. Providing this number to the companies is crucial when setting up your Energy service. If you need your ESID number, you can contact your local utility company or use our ESID address lookup tool when you're on our website. 

Retail Electricity Providers in Hillsboro TX

The Hillsboro electric companies you will choose from are called Retail Electricity Providers (REPs). To set up your electric service, click the Get Started Button below, select the REP you prefer, and let them know your move-in date. It's a simple process!

Commercial Electric Rates in Hillsboro, Texas

Are you a business owner in Hillsboro struggling with the time-consuming task of pricing your business electricity accounts? Look no further - EnergyPricing.com has the solution! Say goodbye to endless phone calls and face-to-face meetings once and for all.

EnergyPricing.com is a convenient platform that allows you to request quotes from various electric companies in Hillsboro effortlessly. Our cutting-edge technology lets you instantly receive quotes from your computer or smartphone without hassle. Our user-friendly platform ensures a seamless experience. Join us today and discover the advantages of EnergyPricing.com!

  1. Direct Access to Providers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of electricity providers. Just sit back and watch the bids come in!
  2. Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the rates in the market.
  3. Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.

Ready to Start Pricing? Save Today!

Throughout our thrilling journey, we acquired knowledge about electric rates in Hillsboro. We've delved into the topic of the deregulated energy market, shared advice on comparing energy companies, and explored strategies to help you save money on your electricity bills. 

Ready to have control over your electricity usage in Hillsboro? Begin comparing rates now and discover the perfect plan for your home or business. Click the Get Started button and save money on your electricity bills today! 

Girl holding a laptop and saying easily comparing rates, click hereGirl holding a laptop and saying easily comparing rates, click here