Compare electricity rates in Galveston

Galveston is a popular Texas tourist destination, especially for college students on spring break. But the city has a permanent population of about 50,000. It’s important to residents to find cheap electricity rates in Galveston.

Deregulation can help. A deregulated market means that residential and business  customers in Galveston have the power to choose their own retail electric provider (REP).

Like pretty much all of Texas, Galveston’s climate is classified as humid subtropical. Temperatures rarely exceed 90 degrees, but the humidity can make it feel much hotter. Summer months, of course, are the hottest, and energy is typically least expensive from December through February. Enter your ZIP code above to see cheap electricity rates in Galveston.

On Jan. 1, 2002, deregulation took effect for the Texas energy market. passed a bill that deregulated the energy market. Before that, a single company was responsible for transmitting, delivering, collecting payment and selling energy in Galveston. The rules gave this single utility company a monopoly on the energy market. Deregulation was designed to drive prices down by forcing competition in Galveston electric rates.

Here’s what has happened, according to the latest statistics from the U.S. Energy Information Administration:

• Texas residential electricity rates are more than 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.

• Texas generates the most electricity of any state from wind by far.

• Texas generates the second-highest amount of electricity from solar energy.

Due to deregulation, the energy market has gone through a major transformation. While it is true that a single company is still responsible for the delivery and transmission of energy, customers can choose from a number of energy suppliers.

While the summer of 2020 wasn’t been as hot as the previous year, there’s always rate pressure. What’s a Galveston resident to do? Lock in some rate protection now. The helpful links below can help you decide what’s in your best interest:

• No deposit electricity plans

• How to move your electric service

• Switch to a different provider

Enter your ZIP code now to see the available Galveston electricity rates near me from the Choose Energy marketplace. Remember, however, that if you’re currently in a contract, you could face an early termination fee if you sign up for a new plan.

Texas-New Mexico Power and CenterPoint Energy are the primary utility services for residents and business owners in Galveston. Their role as transmission and distribution utilities means they keep the power flowing to your house and maintain the power infrastructure. If there’s an outage, contact them using the following methods:

Texas-New Mexico Power

Your utility is Texas-New Mexico Power, even if you use a retail electric provider. Sometimes you’ll need to contact the company itself. To report outages, find out more about transmission rates, or ask questions about your bill, use the following information:

• Outage phone number: 1-888-866-7456
• For any other questions or issues, TNMP has a handy list of topics and contact information on the company website.

CenterPoint

• To log in to your CenterPoint Energy account, click here.

• To contact CenterPoint Energy customer service, call 1-713-659-2111 or send an email here.

• To report a power outage, call 1-713-207-2222 or 1-800-332-7143. Click here to check power outage status.

As for providers, ChooseEnergy.com works with some of the most respected companies in the state, including TXU Energy, Direct Energy, and Constellation.

Galveston’s location along the coast gives it immediate use for wind power and other forms of renewable energy. Texas ranks first among states for wind power production.

Every Texas electricity plan includes renewable energy. But Choose Energy works with four providers that source 100 percent of their electricity plans in Galveston with green energy: Gexa Energy, Chariot Energy, and Green Mountain Energy.

Finding the best electric company in Galveston, TX, and cheap electricity rates near me is simple. Enter your ZIP code above and you’ll find a list of energy plans.

As you explore your options, you may notice that electricity rates differ depending on the area. This is largely because of utility transmission charges, the cost determined by your local utility company that is required to transfer your electricity from the facility it is generated at, through power lines, and to your property.

Enter your ZIP code to find Galveston electricity rates in my area. You can find your utility’s transmission and distribution charges in the plan’s electricity facts label.

While most of the discussion so far has revolved around residential Galveston utilities and electricity rates, Choose Energy also helps companies find great business energy rates in Galveston. Call 844-288-0613 to speak with one of our business energy experts or enter your ZIP code and average business energy bill to see how we can help.