Texas New Mexico Power Rates
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Plan Name: Simply Select 9
Term: 9 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan 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!
- Plan Name: Simply Select 16
Term: 16 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan 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!
- Plan Name: The Gruene 18
Term: 18 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Energy Texas
Early Termination Fee: $275.00Plan Description:
Lock in a great fixed rate for 18 months with our Gruene 18.. Giddy Up Guaranteed!
- Plan Name: 36 Inflation Fix
Term: 36 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Energy Texas
Early Termination Fee: $500.00Plan Description:
Protect yourself against inflation and lock in your rate for 3 years with our most competitive pricing.. Giddy Up Guaranteed!
- Plan Name: Simply Select 24
Term: 24 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan 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!
- Plan Name: Come & Take It 12
Term: 12 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Energy Texas
Early Termination Fee: $250.00Plan Description:
Lock in a great rate for a year with our Come and Take it 12. Giddy Up Guaranteed!
- Plan Name: Bigger Than Texas 24
Term: 24 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Energy Texas
Early Termination Fee: $400.00Plan Description:
Set it and forget it for 24 months with our Bigger Than Texas 24. Giddy Up Guaranteed!
- Plan Name: Simply Select 12
Term: 12 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan 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!
- Plan Name: Clean & Green 12
Term: 12 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Energy Texas
Early Termination Fee: $250.00Plan Description:
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- Plan Name: Simply Select 36
Term: 36 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Rhythm
Early Termination Fee: $10.00 Months RemainingPlan 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!
- Plan Name: Energy Texas Monthly
Term: 1 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Energy Texas
Early Termination Fee: $0Plan Description:
Receive a great rate for your first billing cycle! 100% Renewable Energy. After your first bill, price is subject to market rate.
- Plan Name: Two Months Free 24
Term: 24 Months Fixed
Product: Electric
Utility: TNMP (TX)
Supplier: Rhythm
Early Termination Fee: $20.00 Months RemainingPlan Description:
Know what's better than a new electricity plan? A new electricity plan that comes with two months of free electricity.
Last updated: 09/11/2023
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 Texas New Mexico Power Rates in 2023: Find the Best Plan for You
Everyone loves a great deal, especially when it comes to electricity rates! This article is the ultimate guide to help you find the top Texas New Mexico Power Plans in 2023. We will provide you with valuable tips on how to discover the most affordable electricity plans offered by Texas New Mexico Power. Additionally, we will offer insights on current and future rates, along with money-saving tips for your upcoming energy bill. Are you ready to get started? Let's jump right in!
Short Summary
- Texas New Mexico Power operates within a deregulated energy market, allowing customers the freedom to choose their electricity providers.
- Don't just make a quick decision- learn how to compare rates, weigh factors & shop around on EnergyPricing.com
- Learn some tips on how to lower your electric bill with energy efficiency, smart usage habits, and more.
Understanding TNMP Electric Rates
TNMP (formally named Texas New Mexico Power) is an electricity transmission and distribution company that operates in the deregulated energy market of Texas. This gives both residential and commercial customers the freedom to choose their electricity provider, making it crucial to explore the various options for the best deals. Fortunately, EnergyPricing.com simplifies this process by enabling customers to compare rates from retail providers and find the most suitable plan.
When comparing electric plans in TNMP, it's important to look beyond just the rate per kilowatt-hour (kWh). Consider factors such as the contract length and additional fees linked to the plan. We will explore these factors in more detail later in the article.
Current Texas New Mexico Power Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Texas New Mexico Power. Below are the current average Texas New Mexico Power electricity rates offered by retail electricity providers. To access the latest rates, enter your zip code to get started.
- 12-Month Fixed Rate of $0.15564 per kWh
- 24-Month Fixed Rate of $0.15429 per kWh
- 36-Month Fixed Rate of $0.155102 per kWh
Source: This data is based on the average Texas New Mexico Power (TNMP) residential rates offered by retail electric providers for fixed-rate plans as of September 11, 2023.
Compare TNMP Electricity Rates Today⇩
Predictions for Future TNMP Rates
When choosing an electricity plan in TNMP, it is crucial to take into account the possibility of rate fluctuations in the future. Committing to a long-term fixed rate may not be desirable if current market rates are high. Although we cannot predict the future with certainty, we can make an informed decision by analyzing the energy futures market.
The Energy Future market operates similarly to the stock market, but it deals specifically with energy contracts. Traders engage in buying and selling these contracts based on their predictions of future energy prices. It's like having a glimpse into the TNMP electricity market without the need for an actual crystal ball. Take a moment to explore the latest chart for the energy future market in the TNMP (Texas-New Mexico Power) area.
Texas New Mexico Service Area
TNMP delivers electricity to over 260,000 homes and businesses throughout Texas. When comparing electric rates, it is important to confirm whether the plan is applicable within the TNMP service area. In a deregulated energy market, electricity rates can differ significantly based on the electric utility company. Provided below is a listing of all major cities within the service area of TNMP (Texas-New Mexico Power)
Alvin, Angleton, Anna, Aubrey, Clifton, Coppell, Dickinson, Edgewood, Farmersville, Fort Stockton, Friendswood, Gatesville, Graham, Granbury, Grandview, Hamilton, Kermit, Lake Jackson, League City, Lewisville, Meridian, Paris, Pearland, Princeton, Texas City, Van Alstyne, West Columbia, Whitney, and Wichita Falls
How to Shop for the Best TNMP Electric Plans
After discussing the fundamentals of Texas New Mexico Power's service area and electricity rates, you might be curious about the optimal way to browse for the top energy plans in Texas New Mexico Power (TNMP).
Luckily, Energypricing.com offers a user-friendly interface that simplifies the process of comparing TNMP providers, making it as easy as 1-2-3.
Step 1: Enter Your Zip Code
This will direct you to all our available Texas New Mexico Power energy providers.
Step 2: Compare Electricity Plans
This is the fun part. Our easy-to-use interface allows you to compare plans from multiple TNMP providers effortlessly.
Step 3: Enroll Online
Once you find the perfect electricity 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 Choosing a TNMP Electricity Provider
When shopping for electricity, it is essential to consider multiple factors beyond just the kWh rate. These factors can affect your overall costs and satisfaction and should be considered when choosing a Texas-New Mexico Power electricity provider. Here are the main factors we recommend considering when selecting an electricity provider.
- Read Customer Reviews - To understand an energy provider's customer service, check out their reviews on Google. What are other customers saying about the service they’re getting? Look for poor communication, unresponsive customer service, and billing issues.
- Company Size - It’s also worth checking how many customers a retail electric provider 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 an energy provider 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. An energy provider 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 contract and hope for the best. Read the entire agreement carefully before committing yourself to any provider. This is one area where it pays to be thorough. Look for hidden fees or penalties, cancellation clauses, and contract length. Don’t hesitate to ask questions if there is anything you’re unsure of.
Tips for Finding the Best TNMP Energy Plans
After determining the electricity provider you wish to do business with, it is equally crucial to examine their plans carefully. Remember that not all plans are identical, and certain promotions may be deceptive regarding cost savings. To assist you in making a well-informed choice, here are some valuable tips to remember when comparing energy plans.
- Look at the plan’s Electricity Facts Label - Every Texas New Mexico Power residential electricity plan must 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 electric rate comparison; look at the EFL!
- Compare plans based on your specific kWh usage range - It’s essential to compare electricity plans based on your particular kWh usage range. 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. These plans typically offer credits for staying under a specific usage threshold, so understanding your typical usage is essential for you to maximize your savings.
- 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 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 prioritizing environmentally-friendly energy sources. While these plans often come at a slightly higher cost than traditional plans, many customers find the added expense worthwhile.
- Factor in Contract Length - When choosing an electricity plan, consider contract length. Fixed-rate plans range from 6 months to 4 years, while variable-rate plans may have no set period. Understand early termination fees, as switching before the contract is up can result in penalties. Longer contracts may offer lower rates, but lock customers into a set rate, potentially limiting future rate advantages.
Texas New Mexico Power Commercial Electric Rates
If you're in need of commercial rates from Texas New Mexico Power, EnergyPricing.com is the answer you've been seeking! Our advanced technology simplifies the task of comparing prices from multiple power companies. Discover the advantages of using EnergyPricing.com to find your next commercial electricity contract.
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of energy providers. Just sit back and watch the electricity bids come in!
- Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose to you how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the cheapest electric rates in Texas New Mexico Power.
- Expert Advice: Unsure of which plan or electricity provider to go with? No problem! You will have access to an EnergyPricing.com expert to help you throughout the entire pricing process.
Dealing with Power Outages in the TNMP Service Area
Experiencing a power outage can be quite frustrating and confusing for Texas New Mexico Power customers. Many customers are uncertain who to contact to report power outages, whether it is their retail electricity provider or the utility itself, Texas New Mexico Power.
Let me clarify, TNMP is responsible for maintaining the power lines and ensuring uninterrupted electric supply. Simply put, if you encounter a power outage within the service area of Texas New Mexico Power, it is their responsibility to address the issue. Below, you can find the contact information for Texas New Mexico Power in case of a power outage.
- Call: 888-866-7456
For more information, visit information Texas New Mexico Power's Power Outage Page
Tips for Lowering Your Next Electric Bill
TNMP customers can lower electric bills by reducing electricity usage and cutting costs. Here are some suggestions to reduce your bill in the Texas-New Mexico Power service region:
Shop for Better Rates
Reducing your electricity bill can be as simple as comparing rates offered by various providers. At EnergyPricing.com, we make it easier to find the best options by thoroughly assessing all suppliers and energy plans available.
We are here to assist you with any inquiries you may have, and we also provide reminders for renewal. Moreover, if you are a business owner seeking a personalized rate, our online platform directly connects you with energy providers, allowing you to sit back and observe the bids as they arrive.
Energy Efficiency Measures
Making small changes like using energy-efficient LED bulbs and power strips can reduce energy usage. Get a smart thermostat, turn off electronics when not in use, and save on your electricity bill. It's good for the environment too! Also don't forget to check out Texas New Mexico Power's website for energy efficiency rebates.
Smart Usage Habits
To reduce your monthly expenses, practice smart habits like turning off lights and electronics when not in use, sealing air leaks, and using fans instead of air conditioning. By doing these things, you can save energy and money!
Ready to Start Pricing? Save Today!
Ready to lower your next electric bill? This article has provided you with all the details you need to find the best plan for Texas New Mexico Power service area. You have learned some key factors to consider when comparing providers and discovered some easy techniques to reduce monthly costs. Start saving today at EnergyPricing.com - enter your zip code below!
Shop Texas New Mexico Power Rates Today ⇩
Frequently Asked Questions
Based on our extensive research, EnergyPricing.com predicts a decline in electric rates from their peak in 2022. This can be attributed to the substantial decrease in natural gas prices expected in 2023. Stay informed and take advantage of this favorable trend with EnergyPricing.com.
If you experience a power outage in the Texas-New Mexico Power (TNMP) service area, then it’s their responsibility to fix it.
If you're looking for the cheapest electricity provider in Texas New Mexico Power, look no further - according to our research for September 2023, Rhythm Energy overall offered the cheapest electric rates in Texas New Mexico Power (TNMP).
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