What mid-size homes need to know about choosing an energy plan

The Choose Energy Team
By The Choose Energy Team September 1st, 2015
For business

Mid-size single family homes, averaging 2000 square feet, have a lot of options for affordable energy plans in Texas.

 

At a glance

  • Average home size: 2000 square feet
  • Average energy use: 1325 kWh/month
  • Our recommendation: tiered rate or flat rate plans
  • Watch out for: v-shaped plans
  • Plans to check out:
    • 4Change Generous Saver 12
    • TriEagle Eagle 36

Choosing the best plan for your home

Tiered plans are typically designed to be more affordable for households with lower energy usage and can deliver excellent rates for households that use between 1000 and 2000 kWh/month. An Oncor household using an average of 1325 kWh of energy that selects the 4Change Generous Saver 12 will pay only $104/month — not bad when you consider that some flat rate plans will cost you closer to $160. At that level, the difference between the two plans is a no brainer.

If you’re looking for a long-term plan, the TriEagle 36 is an excellent contender. This is a flat rate plan with an average price of only 8.80 cents/kWh. Better yet, you can lock into this rate for 36 months.

Some households that use between 1000 and 2000 kWh of energy will be tempted by v-shaped energy plans. These plans, which you can find on websites like Power to Choose, offer very low rates for energy used between 1000-2000 and significantly higher rates for any usage between 0-1000 or 2000+. While these plans can be affordable if you stay in that middle range, watch out — your bills will spike big time if you accidentally go over or under the middle tier. That unpredictability makes these plans a risky bet.

Grab that energy bill

The only way to really avoid surprises on your monthly bill is to get a grip on your monthly electricity usage. Know how much energy you tend to use each month and check out how much that tends to change by season.

Rate tiers can make Texas energy shopping more confusing than it has to be, but we hope we helped clear it up a little bit. Read on to learn about how to shop for energy for your Texas home:

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