When researching electricity providers in your area, you may notice that they offer multiple plan types. Here is an overview of the most common plans you’ll find.
Fixed-rate plans
When you sign up for a fixed-rate plan, you’ll agree to pay a set rate for every kilowatt-hour (kWh) of electricity you use. On the plus side, these types of plans offer protection from market rate fluctuations. However, you will need to sign a contract with your provider (usually for 12 months or more) and may need to pay an early termination fee (ETF) if you cancel before your contract ends.
Variable-rate plans
With a variable-rate plan, you won’t be tied to a long-term contract. Instead, your North Richland Hills electricity rate will change each month, depending on the current market price of electricity. These plans could be a good option if you’re looking for a month-to-month agreement, but your energy bill might fluctuate dramatically based on energy demand.
Prepaid and no-deposit plans
Depending on the results of your credit check, your provider may ask for a deposit to start service. If you’d rather not pay a deposit or submit to a credit check, consider signing up for a prepaid plan, which lets you load money onto your account and pay for your energy usage in advance.
Submit your ZIP code to start exploring the best electricity rates in North Richland Hills.
North Richland Hills green energy
Texas has emerged as a leader in renewable energy production, investing heavily in wind energy and solar power. As a result, North Richland Hills residents can choose from a variety of green energy plans for their homes or businesses.
This abundance of green energy means that every electricity plan in Texas includes at least some renewable energy in the mix. Some North Richland Hills electricity providers, including Gexa Energy and Green Mountain Energy, even exclusively offer 100% green plans.
Currently, the Choose Energy marketplace has more than 20 green energy plans in North Richland Hills. To explore your options, submit your ZIP code on this page and select the green energy filter when viewing the results.
North Richland Hills energy for business
If you’re looking for an affordable, customized energy plan for your business, Choose Energy can help. Visit our business energy page to discuss your commercial energy options with one of our energy experts. We can help you find out how to secure a cheap commercial electricity rate in North Richland Hills.
North Richland Hills electric rates in my area
In Texas, electricity rates vary depending on where you live due to differences in utility transmission charges. In other words, the same plan will be priced differently in Houston compared to Dallas. That’s why it’s important to use your specific location when shopping for a new plan.
At Choose Energy, we use your ZIP code to display accurate pricing near you, so you don’t have to sort through endless internet results for a generic term like “electricity rates in my area.” Enter your ZIP code to find the best electricity rates in North Richland Hills.