Electricity Rates in Laredo TX

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Available Electric Companies in Laredo TX

  1. 9 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1319
    per kWh
    At 1000 kWh
    $0.1367
    PER kWh
    At 500 kWh
    $0.1295
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 9
    Term: 9 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan 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!

  2. 18 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1400
    per kWh
    At 1000 kWh
    $0.1500
    PER kWh
    At 500 kWh
    $0.1350
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: The Gruene 18
    Term: 18 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Energy Texas
    Early Termination Fee: $275.00
    Plan Description:

    Lock in a great fixed rate for 18 months with our Gruene 18.. Giddy Up Guaranteed!

  3. 36 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1410
    per kWh
    At 1000 kWh
    $0.1510
    PER kWh
    At 500 kWh
    $0.1360
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: 36 Inflation Fix
    Term: 36 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Energy Texas
    Early Termination Fee: $500.00
    Plan Description:

    Protect yourself against inflation and lock in your rate for 3 years with our most competitive pricing.. Giddy Up Guaranteed!

  4. 16 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1412
    per kWh
    At 1000 kWh
    $0.1460
    PER kWh
    At 500 kWh
    $0.1388
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 16
    Term: 16 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan 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!

  5. 12 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1420
    per kWh
    At 1000 kWh
    $0.1520
    PER kWh
    At 500 kWh
    $0.1370
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Come & Take It 12
    Term: 12 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Energy Texas
    Early Termination Fee: $250.00
    Plan Description:

    Lock in a great rate for a year with our Come and Take it 12. Giddy Up Guaranteed!

  6. 24 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1430
    per kWh
    At 1000 kWh
    $0.1530
    PER kWh
    At 500 kWh
    $0.1380
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Bigger Than Texas 24
    Term: 24 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Energy Texas
    Early Termination Fee: $400.00
    Plan Description:

    Set it and forget it for 24 months with our Bigger Than Texas 24. Giddy Up Guaranteed!

  7. 12 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1460
    per kWh
    At 1000 kWh
    $0.1560
    PER kWh
    At 500 kWh
    $0.1410
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Clean & Green 12
    Term: 12 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Energy Texas
    Early Termination Fee: $250.00
    Plan Description:

    .

  8. 12 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1469
    per kWh
    At 1000 kWh
    $0.1517
    PER kWh
    At 500 kWh
    $0.1445
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 12
    Term: 12 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan 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!

  9. 36 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1535
    per kWh
    At 1000 kWh
    $0.1583
    PER kWh
    At 500 kWh
    $0.1511
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 36
    Term: 36 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan 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!

  10. 24 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1537
    per kWh
    At 1000 kWh
    $0.1584
    PER kWh
    At 500 kWh
    $0.1513
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 24
    Term: 24 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan 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!

  11. 24 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1664
    per kWh
    At 1000 kWh
    $0.1811
    PER kWh
    At 500 kWh
    $0.1590
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Two Months Free 24
    Term: 24 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Rhythm
    Early Termination Fee: $20.00 Months Remaining
    Plan Description:

    Know what's better than a new electricity plan? A new electricity plan that comes with two months of free electricity.

  12. 1 months Fixed
    Utility: AEP Texas Central (TX) View Plan Details
    $0.1750
    per kWh
    At 1000 kWh
    $0.1850
    PER kWh
    At 500 kWh
    $0.1700
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Energy Texas Monthly
    Term: 1 Months Fixed
    Product: Electric
    Utility: AEP Texas Central (TX)
    Supplier: Energy Texas
    Early Termination Fee: $0
    Plan Description:

    Receive a great rate for your first billing cycle! 100% Renewable Energy. After your first bill, price is subject to market rate.

Last updated: August 30, 2023

Paul Rhoads Head Shot

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 Laredo TX and Find the Best Prices in 2023

Looking for ways to manage your energy costs and find the best electricity rates in Laredo? This article will serve as your ultimate guide, helping you compare providers and plans so you can make the switch to a more affordable energy solution. Get ready to confidently power your home or business with a smart choice for your energy needs.



Short Summary

  • Laredo'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 Laredo's Deregulated Energy Market

In Laredo TX, the energy market is deregulated, giving residents the ability to select their own electricity provider. Nevertheless, this requires researching and comparing rates, plans, and providers to secure the most favorable agreement.

While you explore Laredo electricity rates, make sure you consider the rate, contract length, and any extra fees. Are you ready to learn more about Laredo's electricity rates? Let's get started!



Current Laredo Electric Rates

Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Laredo. Below are the current average Laredo electricity rates offered by retail electricity providers. To access the latest rates, enter your zip code to get started.

  • 12-Month Fixed Rate of $0.1552 per kWh
  • 24-Month Fixed Rate of $0.1522 per kWh
  • 36-Month Fixed Rate of $0.1515 per kWh

 

Source: This data is based on the average fixed-rate AEP Texas (Central) residential plans (per 1,000 kWh) offered by Retail Electricity Providers as of August 30, 2023.

Compare Electricity Rates in Laredo TX Today! ⇩

Future Electricity Rates in Laredo TX Predictions

Do you want an estimation of the future electricity prices in Laredo based on our analysis of the energy future market? (Please note that we cannot provide an exact prediction.)

The Energy Future market works like the stock market. Traders buy and sell energy contracts based on their predictions of future energy prices. This can help us understand the electricity market in Laredo, TX. The following chart shows the latest energy future market trends in the area.

ERCOT Historical Electricity Prices in Laredo

Comparing Electric Companies in Laredo TX

When comparing energy companies in Laredo Texas, 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 Laredo as easy as one, two, three.



Step 1: Enter Your Zip Code
This will direct you to all our available electricity plans in Laredo TX.

Step 2: Compare Rates and electricity providers in Laredo TX
This is the fun part. Our easy-to-use interface allows you to compare all the energy providers in Laredo effortlessly.

Step 3: Enroll Online
Once you find the perfect plan, you can enroll online in less than 2 minutes.


Do you want to see how it works in real time? Watch the video below.

Factors to Consider When Shopping Energy Companies in Laredo Texas

If you are struggling to compare electricity companies in Laredo TX due to the many options available, EnergyPricing.com can assist you. When comparing providers, it is recommended that you consider the following factors.



  1. Price - First and foremost, price is crucial when comparing electric companies in Laredo TX. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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 Electric Companies in Laredo TX

The task of finding the top electricity companies in Laredo TX requires effort. However, we can refer to the report from the U.S. Energy Information Administration, which rates providers according to their customer base.

    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

Source: U.S. Energy Information Administration (EIA), 2021 Utility Bundled Sales to Ultimate Customers- Total

Laredo residents: I don't want to mislead you into thinking you must choose from the electricity providers I mentioned earlier. Actually, some of the best electricity deals in Laredo, TX come from newer and emerging suppliers who are willing to offer prices lower than the established competitors. Please be assured that at EnergyPricing.com, we have conducted thorough research and work with top and most trustworthy energy companies.

Types of Electricity Plans in Laredo TX

If you're searching for the best energy plans in Laredo but feeling uncertain about which one is right for you, read on for details about the most frequently available plan types and their advantages. This should assist you in making a well-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 Laredo TX

Do you want to find the best electricity plan to reduce your monthly bill in Laredo TX? Here are some tips to help you.


  1. Look at the plan's Electricity Facts Label: In Laredo 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!

  2. 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.

  3. 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.

  4. 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.

  5. 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 Laredo TX

If you want to reduce your electricity bills in Laredo, follow these suggestions: switch your electricity provider, buy energy-efficient equipment, and be conscious of your energy usage habits.


Switch Electricity Providers

Did you know that electricity companies typically try and increase their profit margin on renewals? It's a dirty secret in the industry that I want to expose to you. Simply remembering to shop around and switch electricity providers can save you a ton!


Invest in Energy Efficient Equipment

If you want to reduce your electricity expenses, try purchasing energy-efficient appliances like LED light bulbs, as well as appliances that are Energy Star-certified such as refrigerators, washing machines, dishwashers, and programmable thermostats. Additionally, make sure to unplug any electronics when not in use, use power strips to conveniently turn off multiple devices at once, and install motion sensors or timers that automatically switch off lights when they are not needed.


Smart Usage Habits

You can combine energy efficiency measures with smart habits to lower your electricity bills. Examples of these habits include turning off lights and electronics when not in use, sealing air leaks in your home, and using fans instead of air conditioning. By reducing your energy consumption, you can see a significant decrease in your monthly bills.

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

Are you planning to move to Laredo, TX? If so, it's worth noting that Laredo operates in a deregulated electricity market. This gives you the freedom to compare and select from various electricity providers and plans in order to obtain the best possible rate.

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


Local Electric Utility Company in Laredo

AEP Texas (Central) is responsible for delivering electricity to homes and businesses in the Laredo area. If you experience a power outage, you should contact AEP Texas (Central) rather than your Retail Electricity Provider.


AEP Texas Central Electric Rates Laredo TX

Locate your ESID number

To set up your Energy service in Laredo, you need to provide the Electric Service identifier (ESI ID) number that is unique to your electricity meter. You can obtain this number by contacting your local utility company or using our ESID address lookup tool during enrollment on our website.



Retail Electricity Providers in Laredo TX

You can choose from various Retail Electricity Providers (REPs) in Laredo to set up your electric service. Simply enter your zip code below, select your preferred REP, and inform them of your move-in date. The process is straightforward!

Compare Energy Companies in Laredo Texas Today! ⇩

Commercial Electric Rates in Laredo, Texas

Are you a business owner in Laredo seeking to price your electricity accounts? Try EnergyPricing.com! It's a time-saving solution that eliminates the need for multiple phone calls and meetings.

EnergyPricing.com is a user-friendly platform that provides quotes from various electric companies in Laredo. Our proprietary technology lets you obtain quotes instantly from your computer or smartphone without any hassles. Join EnergyPricing.com today to enjoy its numerous benefits.

  1. Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Laredo electric companies. 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 providers compensate us. Due to our automated online pricing process, we can offer some of the lowest business electricity rates in the market.

  3. 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!

During our adventure, we gained knowledge about electric rates in Laredo. We talked about the deregulated energy market, gave advice on comparing energy companies, and shared strategies for reducing your electricity bills.

Start comparing electricity rates in Laredo now to take control of your energy usage. Enter your zip code to find the best plan for your home or business, and start saving money on electricity bills today.

Compare Electricity Companies in Laredo TX Today! ⇩

Frequently Asked Questions

As of August 30, 2023, Rhythm offers some of the cheapest electricity rates in Laredo. Remember, rates change daily, so you can always compare prices on EnergyPricing.com to find the best deals.

You can rely on AEP Texas, 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 30, 2023, the current average 12-month Fixed Rate for residential customers in Laredo is $0.1552 per 1,000 kWh. Remember, rates are constantly changing, so be sure to shop around for the best rates on EnergyPricing.com.