Terrell Electricity Rates
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Available Electricity Companies in Terrell
Last updated: August 29, 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 Terrell TX and Find the Best Prices in 2023
Are you paying too much for electricity in Terrell? Want to manage your energy costs better? Well, you've come to the right place! This article is your ultimate guide to finding the best electricity rates Terrell has to offer. We'll compare providers and plans, and help you make the switch to a more wallet-friendly energy solution. Get ready to power your home or business confidently, knowing you've made the smart choice for your energy needs.
Short Summary
- Terrell'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 Terrell's Deregulated Energy Market
Did you know that Terrell TX is a deregulated energy market? That means residents have the freedom to choose their electricity provider. But, it also means putting in some effort to research and compare rates, plans, and providers to score the best deal. Before you dive into Terrell electricity rates, let's talk about a few things to keep in mind. Besides the rate itself, you'll want to consider the length of the contract and any extra fees. Ready to uncover more about Terrell's electricity rates? Let's get started!
Current Terrell Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Terrell. Below are the current average Terrell electricity rates offered by retail electricity providers. To access the latest rates, enter your zip code to get started.
- 12-Month Fixed Rate of $0.1512 per kWh
- 24-Month Fixed Rate of $0.1448 per kWh
- 36-Month Fixed Rate of $0.1452 per kWh
Source: This data is based on the average fixed-rate Oncor residential plans (per 1,000 kWh) offered by Retail Electricity Providers as of August 29, 2023.
Future Terrell Electricity Rates Predictions
Want to find out what the future electricity prices in Terrell might look like? While we can't predict with absolute certainty, we can estimate prices by analyzing the energy future market. The Energy Future works kind of like the stock market. Traders buy and trade energy contracts based on their predictions of future energy prices. This gives us some insight into the electricity market in Terrell, TX. Check out the latest chart for the energy future market in this region below!

Comparing Electric Companies in Terrell TX
When comparing energy providers in Terrell 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-use interface makes comparing energy providers in Terrell 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 Electricity Provider in Terrell TX
If you need help comparing Terrell electricity providers, EnergyPricing.com can assist you. Consider the following factors when comparing providers:
- Price - First and foremost, price is crucial when comparing Terrell 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 Terrell Electric Company
Finding the top electric company in Terrell, Texas requires significant effort. However, we can trust the report from the U.S. Energy Information Administration, which ranks providers based on customer numbers. Here most popular energy companies in Terrell.
- 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
These are not the only companies you should consider when shopping for your new energy plan. Smaller suppliers often offer the cheapest rates in order to undercut the large companies. We partner with companies of all sizes to find you the best rates on the market.
Electricity Plan Types in Terrell Texas
Looking for the best energy plans in Terrell but unsure which one 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 Electricity Plans in Terrell Texas
Are you trying to reduce your monthly electricity bill in Terrell Texas? These tips can help you quickly find the best electricity plan.
- Look at the plan's Electricity Facts Label: In Terrell 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 electricity 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 Terrell Texas
Switch Energy Providers
Invest in Energy Efficient Equipment
Smart Usage Habits
Simple actions like turning off lights and electronics when not in use, sealing air leaks, and using fans instead of air conditioning can significantly reduce energy consumption.
Moving to Terrell, Texas: What you Need to Know about Your Electric Bill
Local Electric Utility Company in Terrell

Locate your ESID number
In Terrell Texas, each electricity meter has a unique identifier called an Electric Service identifier (ESI ID) number. You must provide this number to the energy companies when setting up your 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 Terrell TX
The electric companies you will choose from are called Retail Electricity Providers (REPs). To set up your electricity 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 Terrell, Texas
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Terrell 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 29, 2023, Rhythm offers some of the cheapest electricity rates in Terrell. Remember, rates change daily, so you can always compare prices on EnergyPricing.com to find the best deals.
You can rely on Oncor, 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 29, 2023, the current average 12-month Fixed Rate for residential customers in Terrell is $0.1512 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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