The Choose Energy marketplace has energy plans for every resident or business owner in Midland. You’ll encounter various options when shopping for an electric plan.
Fixed-rate plans
With a fixed-rate plan, you pay the same monthly rate for energy for the length of your contract (usually between 12–36 months). You don’t have to worry about price spikes due to increased demand or inclement weather during your contract. This type of plan is best for those that want a stable electricity bill (not including taxes and fees).
Keep in mind, though, that you’ll pay an early termination fee (ETF) if you cancel your plan before the contract expires. Not to mention, if the energy market decreases, you’re stuck paying higher rates.
Variable-rate plans
If you choose a variable-rate plan, your energy rate can change monthly based on market conditions. While you’re free to switch providers without penalty, you could also pay more for electricity when demand increases. This type of plan is best for those who don’t want to be locked into a contract.
Prepaid and no-deposit plans
Some electric providers run a credit check before you can start a plan with them. You may have to pay a deposit before starting service if you don’t meet specific credit score requirements. You can consider a prepaid or no-deposit plan to avoid paying a deposit fee. With these plans, you pay for service up front as you go. When your balance runs low, your provider sends reminders via email or text for you to replenish your account.
You can discover a variety of energy options in Midland when you enter your ZIP code on our marketplace.
Midland green energy
Texas is one of the largest renewable energy producers in the U.S. Impressively, the Lone Star State leads the country in wind energy generation and is ranked second for solar power production.
As a result, all electricity plans purchased in Texas include some level of green energy. You can find the exact amount on each plan’s Electricity Facts Label (EFL). For residents and business owners looking to go fully green, check out Midland electric companies that offer 100% green energy plans, like Gexa Energy.
To explore green electricity rates near you, enter your ZIP code and filter for green energy.
Midland energy for business
Business owners can also benefit from the deregulated energy market by choosing electric companies in Midland. Each company has unique needs, and Choose Energy can help you find customized energy solutions for your business. Get started by filling out our business energy form, or call our experts at the number on your screen.
Midland electric rates in my area
When you’re in the market for a new electricity plan, it’s important to shop for electricity rates in your area. Utility transmission charges vary based on where you live, and the rate you pay in one city could differ from someone’s rate for the same plan in another city. The Choose Energy marketplace helps you find and compare local electricity rates for your utility area. Enter your ZIP code in the search bar to ensure you’re looking at accurate energy rates near you.