Electricity Rates in Spring, TX
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Available Electricity Plans in Spring, 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 Electric Companies in Spring TX and Find the Best Prices in 2023
Looking to lower your electricity costs? This article can help. Discover how to find the best electric rates in Spring, compare plans and providers, and switch to a more affordable energy solution. With this comprehensive guide, you can power your home or business with confidence, knowing you've made a smart energy choice.
Short Summary
- Spring'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 Spring's Deregulated Energy Market
Residents of Spring TX can choose their energy provider due to the area being a deregulated market. But, to get the best deal, they need to research and compare rates, plans, and providers. To begin exploring Spring's electricity prices, it's important to consider factors such as the rate, contract length, and any additional fees. Are you ready to learn more about electricity rates? Let's get started!
Current Spring Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Spring. Below are the current average Spring 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 Spring Electric Rate Predictions
Do you want an estimate of the future electric rates in Spring TX? While it's not possible to predict with complete accuracy, we can give you a rough estimate by studying the energy market trends. The Energy Future functions like the stock market. Traders buy and sell energy contracts according to their predictions about future energy prices. The Energy Future can give us an idea about the electricity market in Spring, TX. Here is the latest chart for the energy future market in this area.

Comparing Energy Companies in Spring TX
When comparing electric companies in Spring 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 Spring TX 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 Comparing Electricity Providers in Spring TX
If you're feeling overwhelmed by the many options when comparing electricity providers in Spring TX, don't worry. EnergyPricing.com can assist you with the three-step process mentioned earlier. When comparing providers, consider the following factors.
- Price - First and foremost, price is crucial when comparing Spring 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 Electric Company in Spring TX
To find the top electric supplier in Spring TX, we can refer to the ranking provided by the U.S. Energy Information Administration. This ranking uses the number of customers as a basis for determining which companies are the most popular in the area. Although it requires effort to find the top electricity companies in Spring TX, this information can be helpful.
- 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
I want to clarify that the electricity providers mentioned above are not the only options available to you. In fact, some of the best deals in Spring TX have come from new and upcoming suppliers who offer better rates than the established ones. At EnergyPricing.com, we only work with reputable providers and have done the research to help you find the best deals.
Types of Electricity Plans in Spring TX
If you're unsure which energy plan to choose in Spring, here is information on the most commonly offered plan types and their benefits to help you make 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 Spring TX
Do you want to find the best electricity plan to lower your monthly bill in Spring, TX? These tips will assist you in achieving that goal.
- Look at the plan's Electricity Facts Label: In Spring 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 Spring TX
Switch Electricity Providers
Invest in Energy Efficient Equipment
Smart Usage Habits
Moving to Spring, Texas: What you Need to Know about Your Electric Bill
Local Electric Utility Company in Spring
Centerpoint Energy is the local utility company for the Spring residents that delivers electricity from power plants to homes and businesses and maintains the electrical infrastructure. In the event of a power outage, you should contact Centerpoint Energy, not your Retail Electricity Provider.

Locate your ESID number
Your Electrical Service Identification (ESID) number is a unique identifier that identifies the electricity account at your address. It’s an 11-digit numeric code, usually found on CenterPoint Energy bills. The ESID number is required for customers to switch providers and set up new service in Spring.
Retail Electricity Providers in Spring TX
Folks in Spring Texas have the freedom to choose from several energy suppliers offering various plans with different electricity rates. To set up your electric service, enter your zip code below, select the REP you prefer, and let them know your move-in date. The process is simple.
Commercial Electric Rates in Spring, Texas
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Spring TX 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 Spring. 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 Spring 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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