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Shop for deregulated electricity plans

Compare electric rates in your area with the Choose Energy online marketplace! Electricity deregulation gives you the power to choose where you buy your home or business’s electricity.  This means more competition between suppliers and cheaper energy rates for you.

Consider what deregulation has meant in Texas, where it has become the norm for most residents and businesses. As of June, the latest month for which statistics are available from the U.S. Energy Information Administration:

  • Texas residential electricity rates are 10 percent lower than the national average.
  • Texas commercial electricity rates are nearly 23 percent lower than the national average
  • Texas industrial electricity rates are nearly 16 percent lower than the national average.

These are the results for just one state – but there are many more areas of the country that can profit from energy choice! Currently, eleven states and the District of Columbia have deregulated electricity markets.

If you’re shopping for a new electricity plan or a lower rate, start here. We’ll show you available plans in your area and make switching (or moving!) easy. Find your state on this page or enter your ZIP code to get started.

Electricity rates in your area

Electricity prices vary based on several factors, including location, seasonality, and weather. Usually, it is more expensive to purchase an energy plan in the summer and winter when temperatures are extreme and demand is high.

The average price for electricity in the U.S. is 13.04 cents per kilowatt hour (¢/kWh). Last year, Louisiana had average rates as low as 9.47 ¢/kWh while Hawaii averaged 30.99 ¢/kWh.

To see more information about electricity rates in your state, head to our data center. Depending on where you live, you may be able to find a lower rate in the Choose Energy marketplace. Enter your ZIP code above to see available electricity rates in your town.

How to find an electricity rate with Choose Energy

In our online deregulated energy marketplace, you can compare low rates and top providers in your area to find the electricity plan that works best for you. Filter by what’s important to you and sign up in just a few clicks, so you can get back to the important parts of life [read: not electricity shopping].

  1. Enter your ZIP code above. We’ll show you today’s cheap electricity rates in your neighborhood. We get paid by our partners so you can shop for free.
  2. Choose a plan. Once you’ve found the right fit, sign up online or over the phone. Need some guidance? Give one of our energy experts a call and they’ll be happy to help.
  3. Enjoy your new energy rate. Your utility company will handle the switch for you. You shouldn’t experience any power interruptions.

Understand electricity plans and options

At Choose Energy, we understand that deregulated energy is confusing. It can be hard to know what to choose among all the plan types, term lengths, and other options. Let’s break it down.

Electricity plan types

The most common types of plans you’ll see in our marketplace are fixed rate electricity plans and variable rate electricity plans.

  • With a fixed rate plan, you will be charged the same electricity supply rate for the duration of your contract. These plans are great for shoppers who like stability.
  • With a variable rate plan, you will be charged differently based on the market price of electricity. These plans are more susceptible to seasonal price fluctuations but can be cheaper during off-peak periods.

Term lengths

Electricity plan term lengths vary depending on the type of plan and provider you choose. Common types include month-to-month, three- to six-month, 12-month, and 24- to 36-month.

  • Month-to-month terms are usually only available for variable rate plans, but you can switch whenever you want.
  • Three- to six-month terms are good if you are a frequent switcher or just need something short-term.
  • 12-month terms are great for renters with year-long leases. You don’t have to shop frequently, but still have flexibility.
  • 24- to 36-month terms are only available at fixed rates but provide great stability to homeowners who want to “set and forget” their electricity service.

Some plans also come with bill credits, renewable energy credits, or 100 percent green energy options. For more in-depth information on all the different choices you might see while shopping, take a look at our energy resources. If you’re ready to get started, enter your ZIP code above to see electricity plans in your area.

No deposit and prepaid electricity plans

For customers with bad credit or shoppers who want to avoid a deposit, the Choose Energy marketplace includes a few no deposit and pay-as-you-go electricity plans available. Many of these plans also include same-day connection, so you can get the lights turned on in no time.

To shop prepaid and no deposit electricity plans, enter your ZIP code above or click here to learn more.

Electricity providers and utility companies

In deregulated markets, providers (also called suppliers or ESCOs) sell electricity to customers, while utility companies are the ones who deliver energy to your home or business and maintain the power lines.

Choose Energy partners with top providers across the country so you can shop a variety of electricity rates all in one place. We only work with providers we know we can trust so you’re sure to get reliable service no matter who you choose. Click here for more information about the providers we show in the marketplace.

If you have a power outage or other power emergency, please call your utility company, not your electricity provider. For a list of utilities and their contact information, click here.

Deregulated natural gas rates

Looking for natural gas rates? Natural gas is deregulated in a handful of states including Massachusetts, Georgia, Pennsylvania, Ohio, New York, New Jersey, Maryland and Illinois. Enter your ZIP code above or head to our natural gas page for more information.