Compare The Woodlands energy rates

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The Woodlands energy rates

With a population of more than 117,000, The Woodlands attracts visitors as a travel destination with a booming tourism industry. Residents of The Woodlands, also known as Magnolia, enjoy a deregulated energy market with great electricity rates that fit their budget.

The Woodlands energy prices vary monthly. Depending on the time of year, consumers may find lower prices when shopping for energy plans. Learn more about The Woodlands energy rates and current plans and pricing by entering your ZIP code above.

The Woodlands energy deregulation

How has deregulation impacted The Woodlands?

Here are the latest statistics from the U.S. Energy Information Administration:

  • Texas residential electricity rates are nearly 11.4 percent lower than the national average.
  • Texas commercial electricity rates are nearly 28.33 percent lower than the national average.
  • Texas industrial electricity rates are nearly 26 percent lower than the national average.
  • Texas generates the most electricity of any state from wind.
  • Texas is in the top five each month for generation of electricity from solar energy.

Texas deregulated its energy market in 2002, allowing consumers to choose their energy provider from a pool of companies. The expectation was that this power to choose would result in competitive pricing between companies and lower energy bills for consumers.

Signing up for an energy plan is like shopping for anything else. Because you’re no longer limited to a single service, you can choose a reliable energy supplier that fits your electricity needs. Enter your ZIP code above to see what suppliers in your area are offering.

The Choose Energy marketplace is where The Woodlands residents can find the best electric company The Woodlands can offer. Here you can shop for all kinds of rates and plans, as well as helpful resources, including:

The Woodlands utility companies & energy providers

Deregulation has altered the operational blueprint for The Woodlands utilities. The three main components – transmission, distribution, and sales – were previously facilitated by the same utility service. Currently, energy transmission and distribution are facilitated by the utility company in The Woodlands. However, consumers can now choose from multiple energy providers. These same energy providers also set the prices for their services.

Many newcomers to Texas find this process confusing, but Choose Energy is here to make it easier. Choose Energy will guide you through this process and find a plan with a trusted energy supplier at a price fits your budget.

The Woodlands renewable energy

Texas leads the U.S. in renewable energy with its massive supply of wind turbines and is ranked number five in the category of net generation of renewable energy. Many energy suppliers in The Woodlands offer renewable energy plans. With a green energy plan, you can offset some, or all, of your monthly electricity consumption and support job growth in Texas.

The Woodlands electric rates in my area

To find electricity rates near you, enter your ZIP code. As you’re shopping for The Woodlands electricity rates, you might find that providers offer different rates in different areas. This is because electric companies charge different utility transmission charges based on location. Enter your ZIP code above to find current electricity rates in your area.

The Woodlands energy for business

Choose Energy provides energy for business as well. Call to speak to an energy expert or fill out this form to connect about building a custom energy plan for your business.

updated 4/2/2021