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 and benefits from a booming tourism industry. Residents of The Woodlands, also known as Magnolia, also enjoy a deregulated energy market and find great rates on energy plans that fit their budget.

Some reports indicate residential electricity use is soaring since Texans have been under stay-at-home orders. Bills likely will soar as well. That means it could be a great time to shop for new energy plans with lower electricity rates in The Woodlands. Enter your ZIP code to see what’s available in your area. Remember, most Texans can switch electricity plans without a visit from a technician.

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 9.5 percent lower than the national average.
  • Texas commercial electricity rates are nearly 26 percent lower than the national average.
  • Texas industrial electricity rates are nearly 23 percent lower than the national average.
  • Texas generates the most electricity of any state from wind.
  • Texas generates the fifth-highest amount 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 the best and most reasonably priced energy supplier. Enter your ZIP code above to see what suppliers in your area are offering.

The Woodlands utility companies & energy providers

Deregulation in The Woodlands has altered the operational blueprint for utility services. 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.

Next steps for an energy plan in The Woodlands

Enter your ZIP code to find the most accurate real-time electricity rates in The Woodlands. You can sort by price, plan term length, brand, and more. When you find the plan you like, sign up online or call to order. Either way, it only takes minutes.