Cypress energy providers offer a variety of electric plans. Shopping for the best deal can be complicated. Choose Energy can help you select the type of plan that best suits your needs. For more details, read the Choose Energy guide to electricity plans.
Fixed-rate plans
Advantage: Same rate for the length of your contract.
These plans charge you the same rate whether the temperature outside is cold or hot. Your monthly bill may still change, depending upon your usage and utility fees, but the rate stays the same. If you choose to end your contract early, you may have to pay an early termination fee (ETF).
Variable-rate plans
Advantage: Lower seasonal rates, no contract.
Unlike a fixed-rate plan, where the rate doesn’t change, a variable-rate plan charges the current market price for electricity each month. The rate varies depending on electricity demand and the wholesale electricity cost. When the market demand is low, you’ll pay less. But when demand is high, your rate may increase.
Variable-rate plans are usually month-to-month and you can switch to another plan without incurring an ETF. These plans may also start with a lower introductory rate.
Prepaid and no-deposit plans
Advantage: Paying in advance for a set amount of electricity may allow you to skip a deposit.
Prepaid and no-deposit plans are an option for consumers who have a lower credit rating or want to avoid paying a deposit before electric service begins. With this type of plan, you pay for a certain amount of electricity up front. The provider will notify you when your account is running low so you can add more money.
This plan may help you rely on less energy because you are aware of your usage. If you forget to add more money to your account when required, your electricity may be cut off until you refill it.
Cypress green energy
If renewable energy sources are important to you, there are many green options to choose from in Cypress. Texas is a leader in renewable energy production, both wind and solar. Every provider includes some green energy in its mix. The exact percentage of renewable energy included in a plan is listed on the Electricity Facts Label (EFL).
Some Cypress electricity providers, such as Gexa Energy, specialize in 100% green electricity plans. To explore rates in your area, enter your ZIP code and select the filter for green energy.
Cypress energy for business
Deregulation also gives Texas businesses the power to choose their electricity provider and compare plans to get the best deal. Choose Energy can help Cypress businesses choose a commercial electricity plan with customized benefits. Click here for the Choose Energy business hub page, or call our energy experts at the number on your screen.