There are a few different types of energy plans you may encounter during your search. All of the plan types and rates you find on the Choose Energy marketplace are all-inclusive. Here is a brief summary of the most common types of plans you will find with Choose Energy.
With a fixed-rate plan, your provider will charge you a single rate for every kilowatt-hour (kWh) of electricity that you use. Fixed-rate plans protect you from changes in the market cost of electricity and are more stable than some other types of plans. Fixed-rate plans normally require a contract, which can last between 12 and 36 months. If you end your contract before your term is up, you may be charged an early termination fee.
Under a variable-rate plan, the rate you pay every month changes based on the wholesale cost of electricity. When demand in the energy market is low, you may be able to take advantage of a low rate. But your rate could spike during times of high power demand. This means that there is some risk associated with variable-rate plans. These types of plans don’t require a contract, so you could switch to another plan at any time.
Prepaid and no-deposit plans
Depending on your credit score, your energy provider might require a deposit before starting your service. For customers who want to skip paying a deposit, some providers offer no-deposit energy plans. A common no-deposit option is a prepaid electricity plan, which lets you pay for your power upfront. When your account begins to run low, the provider will send a reminder and you can add more funds to your account. Prepaid plans ensure that you only pay for the electricity you use. With the Choose Energy marketplace, you can filter for “all credit approved” plans to find prepaid plans in your area.
Enter your ZIP code above to explore no-deposit energy plans in Houston.
Houston green energy
Texas is a national leader in renewable energy generation, especially wind energy and solar power. Consumers can choose from a variety of green energy plans offered by Houston energy companies.
Every Texas energy plan includes a percentage of renewable energy in the mix. To find the exact amount for a plan, check the Electricity Facts Label (EFL). There are also energy providers that only offer 100% green energy plans, including Gexa Energy, Green Mountain Energy, and Chariot Energy.
You can find green energy plans starting at 10.4 cents per kWh from Gexa Energy on the Choose Energy marketplace. If you enter your ZIP code above, you can filter for green energy plans offered near you.
Houston energy for business
Houston businesses can also use the Choose Energy marketplace to secure affordable commercial energy rates. Our energy experts will compare business energy rates from the top Houston electricity providers and help you build a customized commercial energy plan for your business. You can visit our commercial energy page to receive a quote for your Houston business.
Houston electric rates in my area
When shopping for an electricity plan in Houston, it’s important to compare the energy rates and plans in your area because rates can vary by location. Utility transmission charges — which come from the local utility company — can change based on where you live, so residents in one part of Houston could be charged a different rate than those in another area.
With the Choose Energy marketplace, you can compare accurate electricity rates and plans near you. Enter your ZIP code above to explore the current energy rates in your area.