When you sign up with an Odessa electricity provider, you’ll have the ability to choose from several types of plans. Here are the most common plan types available:
Fixed-rate plans
A fixed-rate energy plan allows you to enter into a contract with your energy provider for 12-36 months. During that time, your monthly rate is locked in and won’t fluctuate with the energy market. This type of plan comes with more price stability, but you might pay an early termination fee (ETF) if you end the plan early.
Variable-rate plans
Unlike a fixed-rate plan, a variable-rate plan doesn’t require you to sign a contract, nor does it allow you to lock in your energy rate. Instead, your rate each month is based on the current energy market. During some months, you’ll save money when energy rates are low, but during other months, your rate will spike. However, you can switch providers without penalty because there is no contract.
No-deposit plans
Many energy providers require a credit check and deposit when signing up for your energy plan. To avoid paying a deposit, you can sign up for a no-deposit energy plan. A popular no-deposit plan is a prepaid energy plan, where you pay for your electricity upfront.
Enter your ZIP code above to discover the types of energy plans available in Odessa.
Odessa green energy
Texas is among the top producers of renewable energy in the United States. It generates the most wind energy and is in the top five states for solar electricity production.
Every electricity plan sold in the Lone Star State includes a portion of renewable energy, with some plans being 100% green. You can find the exact amount of green energy your plan contains by checking the electricity facts label (EFL). Electric companies that offer 100% green energy plans include Gexa Energy and Green Mountain Energy.
Odessa residents can sign up for green energy plans for as little as 7.5 cents per kWh. Enter your ZIP code above to explore the green energy plans available in your area.
Odessa energy for business
Do you run a business in Odessa? If so, you also have the power to choose your electricity provider. Start building your custom commercial energy plan today with the Choose Energy business form or by calling the number on your screen.
Odessa electric rates in my area
Electric rates for the same plans vary across the state. Your rate in Odessa is likely to be different from another resident’s rate in Galveston — even if you have the same provider and plan. That’s because different utility companies have different rates and fees that they charge for energy delivery. The Choose Energy marketplace uses your ZIP code to ensure you receive the most accurate electricity rates in your area. Start viewing today’s best electricity rates in Odessa by entering your ZIP code above.
Moving to Odessa?
Odessa is a city of more than 100,000 residents located in the western part of Texas. Odessa has plenty to offer its residents, including outdoor activities, local attractions, and more.
If you’re moving to Odessa, you may be able to bring your current energy plan with you. To do so, contact your provider, and they’ll coordinate with the utility company. However, if your current energy provider doesn’t serve the Odessa area, you can shop around for a new plan. Enter your new Odessa ZIP code above to compare electric rates in Odessa, starting at 7.4 cents per kWh.