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Nowadays, it’s more important than ever to find ways to save money. Which is why many people may be tempted to pick the companies with the cheapest electricity rates in Texas without first researching the provider or their plans. But if you dig a bit deeper, you’ll likely find that the so-called “cheap” rate may be nothing more than an introductory variable rate – and it could really cost you down the line.
Could your provider change your rate whenever they choose, without telling you first? Will the first time you learn about a rate hike be after your bill arrives? If you’re on one of their variable rate plans, that’s typical.
As you compare electric rates, it’s important to better understand these plans and decide if they’re really the best deal. Many are finding that their variable rate prices are shooting up after the first, second or third bill with several providers. Some have increased by up to 200% – and customers may not even realize it. Be sure you look closely at the rate on your bill.
So you can see that sometimes the cheapest electricity rates in Texas may not be so cheap after all. Not only does TXU Energy not have variable rate electricity plans, we offer month-to-month plans with our exclusive Safe Price Promise. We guarantee your energy charge won’t change for at least the first six months you’re on your plan. No other provider in Texas offers protection like this on a month-to-month plan.
Compare electric rates and then switch to TXU Energy, the #1 choice for electricity in Texas. Once you've made the comparison, we're sure you'll discover why more Texans have chosen TXU Energy than any other electricity provider. See our electricity plans and rates.
*Variable rate information reflects approximate increase from initial electricity price to price on a subsequent bill, based on original Electricity Facts Label price at 1000 kWh average monthly usage. Sourced from provider Web sites and consumer survey data from August, 2011 through December, 2013. You can obtain important standardized information that will allow you to compare TXU Energy products with other offers. Call 1-866-225-5898 or visit txu.com for details.