by Wendy Dessler, Guest Contributor
There are a lot of compelling reasons to move to Texas. The job market is booming, the cost of living is reasonable, and the culture is exciting. As such, it’s no wonder that the state has seen continuous growth in population over the past few years.
One of the things that newcomers to Texas find confusing is the energy set-up. In this guide, you’ll learn about the electricity service in Texas and how to choose the right service for you.
What to Know About Electricity in Texas
Texas is one of the few states in which electricity is deregulated. This means that different providers can compete for business in the energy marketplace. This competitive market gives consumers more flexibility when choosing an electricity source, and also means better budget options.
When moving to Texas, it’s essential to give yourself time to evaluate the various plans available. Start looking well before you move. Look at the various options in your new area and check the rates on TexasElectricityPlans.com to get a better idea of what to expect.
Considerations for Choosing an Energy Provider
There’s no single energy provider that’s better than another; it all depends on your unique needs and lifestyle. Here are some of the top considerations to keep in mind when choosing an energy service provider and electricity package.
Length of Stay
First, consider how long you plan on staying in your area. If you’re renting a small apartment with hopes to buy as soon as possible, your needs will be different than someone who intends on being in the same apartment for five years.
Most energy service providers in Texas have discounts for longer contract commitments. Failure to complete your term will result in termination fees. You can save lots of money on electricity by committing to a longer term, but if your plans are up in the air, it’s not worth it.
Size of Dwelling
You’ll want to consider the size of the dwelling you’re moving to before making a decision. This consideration will directly impact your consumption. As many providers offer packages based on assumed consumption, being able to estimate accurately will make a significant difference in your pricing.
Consider how much energy you used in the past. This factor will also roll into your consumption in your new home. Don’t hesitate to compare your habits with the average consumption in similar dwellings to determine if you should make some habit changes.
Take a look at the various fee structures available when choosing a provider. Some Texas electricity providers charge a monthly service fee and lower rate while others are “fee-free” but have a higher usage-based rate. Crunch some numbers and find the approach that works for you.
How to Set Up Electricity in Texas
Once you’ve gotten a better idea of the electricity provider landscape in Texas, you’ll need to get your power turned on. Be sure to reach out at least four weeks in advance of your move to avoid any delays.
Submitting an Application
There’s a potentially negative side to the deregulation of energy in Texas, at least from a consumer perspective. You have to apply for the provider and package you want, and you may not be approved.
When you submit an application, you must agree to a credit check. If you don’t meet the minimum requirements, you may be required to select a different plan or submit a non-refundable deposit.