You’ll find different types of electric plans to choose from while searching for rates. A few of the most popular plan types include:
With fixed-rate plans, your monthly electricity rate is locked into a contract – usually 12-36 months. This will provide you with a stable electricity bill and protection from market fluctuations. However, you might have to pay an early termination fee (ETF) if you leave your contract early.
For variable-rate plans, your monthly energy rate will fluctuate with the wholesale price of energy. This means you may have larger changes in your monthly energy bill depending on the season and current energy demand. You can switch providers without penalty because there is no contract.
Prepaid and no-deposit plans
Many electric plans require an upfront deposit depending on your credit score. To avoid a credit check and deposit, you can sign up for a no-deposit plan, such as a prepaid energy plan. You add money into an account, and then your monthly bill is withdrawn from that account. As the account gets low, you’ll receive a reminder.
Enter your ZIP code to find available plans and compare electric rates in Wichita Falls today.
Wichita Falls green energy
Texas is a prominent national leader in renewable energy. The Lone Star State produces over 30 percent of the nation’s wind energy supply and generates the fourth-highest amount of electricity from solar energy.
Every plan in Texas contains a percentage of renewable energy. Check your plan’s electricity facts label (EFL0) to find the exact amount. Choose Energy partners with certain energy suppliers that offer 100% green plans, including Chariot Energy, Green Mountain Energy, and Gexa Energy.
Currently, green energy rates in Wichita Falls start at 7.5 cents per kWh from Gexa Energy. Enter your ZIP code to discover green electricity rates in your area.
Wichita Falls energy for business
Business owners in Wichita Falls benefit from choosing their energy providers. Call today to discuss your needs with one of our business energy experts, or fill out our business energy form to learn more about custom business energy solutions in Wichita Falls.
Wichita Falls electricity rates in my area
Electricity rates vary depending on where you live due to different utility transmission charges and taxes. That’s why we recommend getting a quote for your ZIP code when shopping around for electricity. Enter your ZIP code into the Choose Energy marketplace to find the most accurate electricity rates in your area.