Compare electricity rates in Galveston

Galveston, due to its location on the coast, is known as a popular Texas tourist destination, especially for college students on spring break. But the city has a permanent population of about 50,000. Because it’s home to those residents and the businesses that accommodate them, it matters that Galveston electricity rates should be affordable.

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 what prices and options are currently available for Galveston electricity plans.

On Jan. 1, 2002, Texas passed a bill that deregulated the energy market. Prior to the passage of energy deregulation, a single company was responsible for transmitting, delivering, collecting payment and selling energy in Galveston. While this may seem like it makes the process simpler, it gave this single utility company a monopoly on the energy market. Deregulation was designed to drive prices down by competition.

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

• Texas residential electricity rates are more than 9 percent lower than the national average.
• Texas commercial electricity rates are nearly 27 percent lower than the national average.
• Texas industrial electricity rates are nearly 23 percent lower than the national average.
• Texas generates the most electricity of any state from wind.
• Texas generates the fifth-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 who will facilitate the sales and collection of payments.

While the summer of 2020 hasn’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 what’s available on 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 infrastucture. 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 an alternative energy supplier. 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 two of the largest utility companies in Galveston and the state, Texas-New Mexico Power and CenterPoint Energy have partnered with some of the best energy providers in Galveston, 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. Thankfully, Texas ranks first among states for wind power production.

Choose Energy works with three great renewable energy providers that serve Galveston: Gexa Energy, Chariot Energy, and Iberdrola Texas. Many other providers source some or all of their electricity through renewable sources.

While most of the discussion so far has revolved around residential Galveston electricity rates, Choose Energy also helps businesses find great energy plans. 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.

(Page last updated 8/21/2020)