There are a few different types of energy plans you will likely find when shopping around. All of the plan types and rates you find on the Choose Energy marketplace are all-inclusive, meaning there won’t be any surprise fees later. Here is a brief summary of the most common types of plans you will find with Choose Energy.
With a fixed-rate plan, your provider will charge you a single rate for every kilowatt-hour (kWh) of electricity that you consume. Fixed-rate plans offer protection from variations in the energy market and are more stable from month to month than other types of plans. Fixed-rate plans normally require a contract, which can last from 12 to 36 months. If you end your contract before your term is up, you may be charged an early termination fee.
Under a variable-rate plan, the rate you pay each month changes based on the wholesale cost of electricity. When demand in the energy market is low, you might be able to take advantage of a low rate. But your electric rate could spike during times of high energy demand. All of this means that there is some risk associated with variable-rate plans. These types of plans don’t require a contract, so you could switch to another plan at any time.
Prepaid and no-deposit plans
Depending on your credit score, your energy provider might require a deposit before it will begin your service. For customers who want to bypass paying a deposit, many providers offer no-deposit energy options. A common no-deposit option is a prepaid electricity plan, which lets you skip the deposit and instead pay for your power upfront. When your account begins to run low, the provider will send a reminder and you can add more funds to your account. Prepaid plans ensure that you only pay for the electricity that you use.
Houston green energy
Texas is a national leader in renewable energy, especially when it comes to wind energy and solar power generation. Houston consumers can choose from a variety of competitive green energy options offered by trusted Houston electric companies.
Every Texas energy plan includes a percentage of renewable energy in the mix. To find the exact amount, check the plan’s Electricity Facts Label. There are also energy providers that specialize in 100% green energy plans, including Gexa Energy, Green Mountain Energy, and Chariot Energy.
Currently on the Choose Energy marketplace, there are green energy plans in Houston starting at 7.6 cents per kWh from Gexa Energy. Enter your ZIP code above to explore the most recent green energy rates and plans in Houston.
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 energy rates from the top Houston electricity providers and help you build a customized commercial energy plan for your business. Visit our commercial energy page to receive a quote for your Houston business.
Houston electricity 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 different locations can have varying rates. Utility transmission charges can change based on where you live, so residents in one part of Houston could be charged a different rate than someone in another area.
With the Choose Energy marketplace, you can compare accurate electricity rates and plans near you. Enter your ZIP code above to explore the current energy rates in your area.