As summer temperatures rise throughout Texas, energy prices are likely to spike This means it could be time for residents with a variable-rate plan to consider switching to a new electricity plan. Keep in mind that Texas electric rates can change daily based on variations in the market, your location, and energy usage. Here are some of the best TXU Energy plans available this summer.
Smart Edge 12 plan
This plan currently has the lowest rate offered by TXU Energy on the Choose Energy marketplace – 9.9 cents per kilowatt-hour (kWh). The Smart Edge 12 plan is fixed rate, meaning the rate you pay will stay the same regardless of whether the demand for energy rises during the hot weather. Texans may also find this plan appealing because it includes a $30 bill credit when you use more than 800 kWh. The Choose Energy marketplace estimates that consumers would have a $99 monthly bill (for 1000 kWh) with this plan.
Season Pass 12 plan
The Season Pass 12 plan offers a 50 percent discount on energy usage fees during the summer months of June, July, and August. That discount also applies in the winter months of December, January, and February. This plan is also fixed-rate, meaning you will have a predictable energy rate throughout your contract. Choose Energy estimates you will see an average monthly bill of $149 for 1000 kWh of usage with this plan.
Free Nights & Solar Days 12
The Free Nights & Solar Days plan is powered by 100 percent renewable energy. It is also a fixed-rate plan, providing security during the hot Texas summer. During the day, your electricity will come from solar power. And at night, TXU Energy offers free electricity. With this plan, Choose Energy predicts an average bill of $149 for 1000 kWh.
The common theme with these recommended plans is that they are all fixed-rate options. During times of high energy demand, like when summer temperatures spike and everyone relies more on their air conditioning, the wholesale price of power can increase. Under a fixed-rate plan, you will be protected from these spikes and the rate you pay will stay the same.