Montgomery Electricity Rates
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Available Electricity Companies in Montgomery
Last updated: August 28, 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 Montgomery TX Electric Companies and Find the Best Prices in 2023
Are you spending too much on electricity in Montgomery? Do you want to effectively manage your energy costs? Look no further! This comprehensive article serves as your ultimate guide to discovering the best electricity rates available in Montgomery. It provides a detailed comparison of providers and plans, empowering you to make a smart and cost-effective switch to an energy solution that suits your needs. Get ready to power your home or business with confidence, knowing that you've made a wise decision for your energy requirements.
Short Summary
- Montgomery'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 Montgomery's Deregulated Energy Market
Montgomery TX operates as a deregulated energy market, granting its residents the freedom to select their energy provider. However, this also entails residents conducting thorough research and comparing rates, plans, and providers to secure the most advantageous deal.
While you research Montgomery electricity rates, it's important to consider details like the rate itself, the length of the contract, and any additional fees. Let's dive into more detail!
Current Montgomery Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Montgomery. Below are the current average Montgomery 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 28, 2023.
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Future Montgomery Electricity Rates Predictions
Are you curious about the future electricity prices in Montgomery? While it's impossible to predict with absolute certainty, we can make an informed estimate by analyzing the energy futures market.
The energy future functions much like the stock market, with traders buying and selling energy contracts based on their predictions of future energy prices. Essentially, it offers valuable insights into the electricity market in Montgomery, TX. Presented below is the latest chart for the energy future market in this region.

Comparing Electric Companies in Montgomery TX
When comparing energy companies in Montgomery 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 Montgomery as easy as one, two, three.
Step 1: Enter Your Zip Code
This will direct you to all our available electricity plans in Montgomery TX.
Step 2: Compare Rates And Electric Providers in Montgomery TX
This is the fun part. Our easy-to-use interface allows you to compare all the electricity providers in Montgomery 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 Montgomery TX
If you need help comparing Montgomery electricity providers, EnergyPricing.com can assist you. Consider the following factors when comparing providers:
- Price - First and foremost, price is crucial when comparing Montgomery 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 Montgomery Electric Company
Finding the top electric company in Montgomery TX requires significant effort. However, we can trust the report from the U.S. Energy Information Administration, which ranks providers based on their customer count. This ranking reveals the following as the 10 most popular energy companies in Montgomery:
- 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 reside in Montgomery, TX, you should consider more companies than just the ones mentioned above. In fact, some of the most favorable deals historically in Montgomery, TX have originated from emerging suppliers who are willing to offer the most competitive rates and surpass the established players. Rest assured, at EnergyPricing.com, we have diligently researched and partnered exclusively with reputable electricity providers to make your decision-making process easier.
Electricity Plan Types in Montgomery Texas
Looking for the best energy plan in Montgomery but unsure which to choose? Here's info on commonly offered plan types and their benefits 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 Montgomery TX
Need to save money on your monthly electricity bill in Montgomery TX? Please don't worry; these tips can help you quickly find the best electricity plan.
- Look at the plan’s Electricity Facts Label: In Montgomery 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 Montgomery TX
Lower your electricity bill in Montgomery by switching providers, investing in energy-efficient equipment, and being mindful of your energy usage.
Switch Electricity Providers
Invest in Energy Efficient Equipment
Consider investing in energy-efficient appliances, such as LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. Also, remember to unplug electronics when not in use, use power strips to turn off multiple devices at once, and install motion sensors or timers to switch off lights automatically when not needed.
Smart Usage Habits
Adopting smart usage habits can help you save on your electricity bills. Simple actions like turning off lights and electronics when not in use, sealing air leaks in your home, and using fans instead of air conditioning can all help reduce your energy consumption and lower your monthly bills.
Moving to Montgomery, Texas: What you Need to Know about Your Electric Bill
Are you planning to relocate to Montgomery, TX? If so, it's important to note that Montgomery operates in a deregulated electricity market, giving you the opportunity to select and compare various electricity providers and plans to secure the most competitive rate available.
Below is everything you need to know about how to set up your electricity bill in Montgomery.
Local Electric Utility Company in Montgomery
Centerpoint Energy is the electricity company for the Montgomery 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
In Montgomery, 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 electricity service. If you need your ESID number, contact your local utility company or use our ESID address lookup tool while enrolling on our website.
Retail Electricity Providers in Montgomery TX
The electric companies you will choose from are called Retail Electricity Providers (REPs). To set up your electric service in Montgomery, enter your zip code below, select the REP you prefer, and let them know your move-in date.
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Commercial Electric Rates in Montgomery, Texas
Attention Montgomery business owners! Are you tired of the hassle and time-consuming process of pricing your business electricity accounts? We have the perfect solution for you - EnergyPricing.com! Say goodbye to countless phone calls and face-to-face meetings once and for all.
EnergyPricing.com is a convenient platform that assists you in obtaining quotes from various electric companies in Montgomery. Using our advanced technology, you can effortlessly receive instant quotes from your computer or smartphone. Our platform is designed to be user-friendly and easy to navigate. Join us today and discover the advantages of EnergyPricing.com!
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Montgomery 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!
During today's discussion, we delved into the realm of electric rates in Montgomery. We explored the intricacies of the deregulated energy market, shared valuable advice on comparing energy companies, and even uncovered strategies to help you save on your electricity bills.
Get ready to manage your electricity usage in Montgomery! Begin comparing rates now to discover the perfect plan for your home or business. Simply enter your zip code and start saving money on your electricity bills today!
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Frequently Asked Questions
As of August 28, 2023, Rhythm offers some of the cheapest electricity rates in Montgomery. 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 28, 2023, the current average 12-month Fixed Rate for residential customers in Montgomery 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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