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Last Updated: January 31, 2024

Author: Paul I. Rhoads, CEM, CEP


Compare Electricity Rates in Tyler, TX in 2024

Do you feel like you're paying too much for electricity in Tyler?

This article can help you locate the best electricity rates in Tyler, compare providers and plans, and switch to a more affordable energy option.

Understanding Tyler's Deregulated Energy Market

In Tyler Texas, the energy market is deregulated. This allows residents to select their own electricity providers. But, it also requires them to conduct research and compare different rates, plans, and providers to find the most favorable option.

Before researching Tyler electricity rates, make sure to take into account factors such as the rate, contract length, and possible fees. Are you ready to learn more about Tyler's electricity rates? Let's get started!

Comparing Electricity Providers in Tyler TX

Finding the best electricity rates in Tyler doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing rates is a breeze!

Compare Electric Rates in Tyler in just 3 Easy Steps:

  1. Click the Get Started Button: This will direct you to all our available electricity providers in your area.
  2. Compare Rates and Providers: Our easy-to-use interface allows you to compare all the providers and plans effortlessly.
  3. Enroll Online: Once you find the perfect plan, you can enroll online in less than 2 minutes.

Would you like to see how it works in real-time? Watch the video below to learn how to shop online with EnergyPricing.com.

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Choosing an Electric Provider in Tyler TX

When shopping for electricity providers in Tyler, there are a few important factors to consider. These include:

  1. Price: Be sure to compare different rates and plans from each provider to find the best options for your needs and budget.
  2. Read Customer Reviews:  Many customers will post reviews of their experience with each provider. This can be a great way to get an idea of the customer service and reliability of each company.
  3. Company Size: Consider the number of customers a company has. It can indicate their size and stability. A larger customer base means more resources to meet customer demands.
  4. Company History: Researching a company's history can help you gauge its reliability. A company with a long history of reliable service is a positive sign of its longevity.
  5. Read the Contract: Read the entire agreement carefully before committing yourself to any provider. Look for hidden fees or penalties, cancellation clauses, and contract length.

Best Electric Company in Tyler Texas

To find the top electric company in Tyler TX, we can refer to the U.S. Energy Information Administration's report, which ranks providers based on their customer count.

  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

Attention Tyler TX residents, I want to clarify that the electricity providers I mentioned above are not the only ones you should consider. In the past, some of the best deals in Tyler TX have come from new and emerging suppliers who are willing to offer lower prices.

Types of Electricity Plans in Tyler TX

If you're searching for the best energy plans in Tyler but are unsure about which one to pick, this message is for you. Keep reading to learn about the most commonly offered types of plans and their benefits.

Fixed-Rates Plans -  With a fixed-rate energy plan, your electricity rate is locked in for the duration of your contract. This means you'll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of market fluctuations.

Variable-Rate Plans - Unlike fixed-rate plans, variable-rate plans (Indexed Plans) have rates that fluctuate with the energy market. Your bill may vary based on market conditions. 

100% Green Energy Plans - If you prioritize environmentally friendly energy and don't mind the extra cost, a 100% Green Energy Plan is a great choice. However, it's important to note that the electricity flowing through your power lines may not be 100% Green Energy even with this plan. Instead, most electric providers offset your energy usage by purchasing Renewable Energy Credits (RECs) generated from solar or wind energy.

Promotional Energy Plans - Promotional energy plans offer savings through lower rates or unique billing structures. Popular options include free weekend plans and Monthly usage bill credit plans. However, customers should carefully review the Supplier's Electricity Facts Label (EFL) to understand pricing and potential additional costs.

Tips for Comparing Energy Plans in Tyler TX

Looking to lower your monthly electricity bill in Tyler, TX? You can use these tips to easily find the best electricity plan.

  1. Check the plan's Electricity Facts Label (EFL): Every residential electricity plan in Texas must have an EFL. It's like a nutrition label for electricity plans. The EFL provides important details such as the average electricity rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate electric rates comparison. Look at the EFL!
  2. Look up your kWh Usage. To compare plans effectively, consider your specific kWh usage. For example, if you use about 500 kWh per month, focus on plans tailored to your needs. This is especially important for promotional plans that offer credits for staying under a usage threshold.
  3. Note any additional fees: Besides the electricity rate, consider other costs, monthly service fees, cancellation fees, and 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 prioritizing environmentally-friendly energy sources.
  5. Contract Length: Most electric providers offer plans from one month to three years. You may be able to save money with a longer-term plan, but make sure you understand the cancellation fees before committing yourself to any provider.

Saving Money on Your Electricity Bill in Tyler TX

If you want to reduce your energy costs in Tyler, you can consider changing your electricity provider, purchasing energy-efficient equipment, and paying close attention to your energy consumption habits.

Shop for Better Rates - To lower your monthly electricity bill, consider shopping around for better rates. One option is Texas PUC's shopping website, Power to Choose. It's important to note that any licensed provider can post offers there, regardless of reputation and customer service complaints. Unlike the state shopping website, EnergyPricing.com pre-screens all our suppliers and energy plans to bring you the best options.

Energy Efficiency Measures - Another way to lower your electricity bill is to invest in energy-efficient measures. Opt for LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. These choices will save you money and contribute to a greener and more sustainable future.

Smart Usage Habits - Alongside investing in energy efficiency measures, embracing smart energy usage habits can significantly contribute to saving on your electricity bills. You can actively reduce your energy consumption and enjoy lower monthly bills by turning off lights and electronics when not in use, sealing air leaks in your home, and opting for fans instead of air conditioning.

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

Are you planning to relocate to Tyler, TX? If so, it's worth noting that the electricity market there is deregulated. This gives Tyler residents the flexibility to shop around and compare various electricity providers and pricing plans in order to obtain the best deal possible.

Below is everything you need to know about how to set up your electricity service in Tyler.

Local Electric Utility Company in Tyler

Oncor is the utility company responsible for delivering electricity to homes and businesses and maintaining the electric infrastructure in the Tyler area. If you experience any power outages, it is recommended to contact Oncor instead of your Retail Electricity Provider.

Locate your ESID number

Each electricity meter in Tyler has a unique identifier known as an Electric Service identifier (ESI ID) number. When setting up your energy service, you need to provide this number to the companies. To find your ESID number, you can either get in touch with your local utility company or use our ESID address lookup tool during the enrollment process on our website.

Retail Electricity Providers in Tyler TX

You can choose from various Retail Electricity Providers (REPs) in Tyler to set up your electric service. Simply use the Get Started Button below, select your preferred REP, and provide them with your move-in date. The process is straightforward!

Commercial Electric Rates in Tyler, Texas

Are you a business owner finding it to be a time-consuming task to price your commercial accounts? The solution is EnergyPricing.com! With our services, you can eliminate the burden of countless phone calls and face-to-face meetings. Our platform uses advanced technology to make it easy to get quotes from multiple companies. Whether you're using your phone or computer, you can get instant quotes without any hassle. Don't wait - join our energy revolution today!

  1. Direct Access to Providers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of electricity providers. 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 electricity providers compensate us. Due to our automated online pricing process, we can offer some of the rates in the market.
  3. Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.

Ready to Start Pricing? Save Today!

During our chat, we gained knowledge about electric rates in Tyler. We covered topics such as energy deregulation, provided suggestions for comparing energy companies, and shared strategies for reducing your electricity bills.

Do you want to have better control over your electricity usage in Tyler? Begin by comparing rates now and find the best plan for your home or business. Just click the Get Started Button below and start saving on your electricity bills today!

Girl holding a laptop and saying easily comparing rates, click hereGirl holding a laptop and saying easily comparing rates, click here