There are several common types of Tomball electricity plans that you should get to know. Learn more about each type to find out which one fits you best.
A fixed-rate plan will offer the same rate for your electricity for an agreed period of time. Contract lengths are often somewhere between 12 and 36 months. These plans are best for budget planning, as they give you stability in your monthly bill. However, if you cancel the plan early, you may have to pay an early termination fee (ETF).
With a variable-rate plan, the price you pay for your electricity fluctuates in line with the wholesale energy price. There is no contract, giving you the freedom to switch providers at any time without paying an extra fee. When the energy market is more expensive, your cost will go up, while it will drop when demand is low. You may find yourself switching to a new provider if the rate gets too high.
Prepaid and no-deposit plans
Energy companies typically require customers to put down a deposit to get electricity. However, there are plans to let you avoid a down payment. These plans are called no-deposit plans. You can agree to prepay for your electricity by setting up an account and having each month’s costs pulled from your existing balance. When you need more money in the account, your provider will let you know so you can top it up.
Enter your ZIP code to learn about the types of plans offered in Tomball.
Tomball green energy
The Texas energy market has embraced green energy in a big way. While the state is still a major oil producer, Texas has also committed to solar power and wind power. The Lone Star State leads the way for wind energy generation in the country and comes second for solar production. In every Tomball electricity plan, you’ll find at least some percentage of renewable energy. You can learn exactly how much by consulting the Electricity Facts Label.
Green Mountain Energy and Gexa Energy have taken this commitment to another level, offering 100% renewable plans. You can easily find green energy plans from these and other providers with ChooseEnergy. Just input your ZIP code and select the “green energy” filter.
Tomball energy for business
Tomball business can also benefit from the deregulated energy market. No matter what you’re looking for in a business energy plan, the Choose Energy marketplace has you covered. Visit our business energy page and fill out the form or call the number on your screen to speak with an energy expert today and start customizing your business energy plan.