There are a few different energy plans you may encounter during your search. All rates and plan types on the Choose Energy marketplace are all-inclusive. Here is a summary of the most common types of plans you will find with Choose Energy.
Fixed-rate plans protect you from changes in the energy market. They are more stable than some other types of plans. With a fixed-rate plan, your rate will not change over your term agreement. Fixed-rate plans normally require a contract lasting between 12 and 36 months. If you end your contract before your term ends, you may have to pay an early termination fee.
Under a variable-rate plan, the rate you pay every month changes based on the wholesale cost of electricity. When demand in the energy market is low, you may be able to take advantage of a low rate. But your rate could increase during periods of high demand. There is some risk associated with variable-rate plans. However, these plans don’t require a fixed-term contract, so you could switch to another plan at any time.
Prepaid and no-deposit plans
Your energy provider might require a deposit before starting your service, depending on your credit score. Some providers offer no-deposit energy plans for customers who want to avoid paying a deposit. A common no-deposit option is a prepaid electricity plan, which lets you pay for your power upfront. When your funds begin to deplete, the provider will send a reminder, and you can add more money to your account. Prepaid plans ensure that you only pay for the electricity you use. With the Choose Energy marketplace, you can filter for “all credit-approved” plans to find prepaid plans in your area.
Enter your ZIP code above to search for no-deposit energy plans in Houston.
Houston green energy
Texas is a national leader in renewable energy generation, especially wind energy and solar power. Consumers can choose from various green energy plans offered by Houston energy companies.
Every Texas energy plan includes a percentage of renewable energy in the mix. To find the exact amount for a plan, check the Electricity Facts Label (EFL). There are also energy providers only offering 100% green energy plans, including Gexa Energy, Green Mountain Energy, and Chariot Energy.
Enter your ZIP code above and filter for green energy plans offered near you.
Houston energy for business
Houston businesses can also use the Choose Energy marketplace to secure affordable commercial energy rates. Our energy experts will compare business rates from the top Houston electricity providers and help you build a customized commercial plan for your business. You can visit our commercial energy page to receive a quote for your Houston business.
Houston electric rates in my area
When shopping for an electricity plan in Houston, it’s important to compare the energy rates and plans in your area because rates can vary by location. A local utility company determines utility transmission charges, which can change based on where you live. So, residents in one part of Houston may pay a different rate than those living in another area.
The Choose Energy marketplace allows you to compare accurate electricity rates and plans near you. Enter your ZIP code above to find the current energy rates in your area.