Residential Electricity Planning in Texas
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Offering Comprehensive and Reliable Services
Trust us to expertly handle your budget-friendly electricity plan needs. We will thoroughly review and compare contracts and inform you of their benefits and disadvantages. We will choose a plan that fits your energy usage profile and manage the enrollment on your behalf. When it’s time to renew your contract, you can rely on Power Mojo.
AVOID OVERPAYING FOR ELECTRICITY IN TEXAS
Save time and money on electricity bills with the help of Power Mojo! We specialize in finding and comparing electricity rates from various providers. Additionally, we will manage your enrollment or your current account to ensure you get the savings without the hassle.
In the summer of 2022, Texas homeowners saw their electric bills rise steeply, with many residential customers paying at least 50% more than the previous year. The highest average rate since Texas deregulated electricity was attributed to a growing demand for electricity and an increase in the price of natural gas.
During the summer, Texans require more electricity to protect themselves from dangerously high temperatures. Electricity rates in Texas have since stabilized due to milder fall and winter weather. Still, they are expected to start rising again as the demand for electricity soars in the cooler months.
As you can see, electricity rates in Texas are pretty high. Prices often change due to shifts in demand for electricity and wholesale electricity prices. With the demand for electricity in Texas being relatively low, you should take advantage of the lower seasonal rates from providers in your area.
Save Money
Save Money
- Power Mojo will help each member optimize electricity usage when the electric grid has a greater amount of renewable energy.
- Additionally, Power Mojo will help you implement these changes with the use of smart thermostats, solar panels and back-up generators.
- Power Mojo helps you, each member, in proactively reducing your carbon footprint through these common-sense changes to how you use electricity.
Save Time
Save Time
- Lowest published price is not actually always the lowest price. Power Mojo team will evaluate.
Have Piece of Mind
Have Peace of Mind
- We make sure members have market-based electricity plans.
Choosing a Residential Plan - Factors to Consider
Energy deregulation in Texas allows residents to choose between electric providers. Residents get to pick an electric plan from among dozens of offers by local utility companies that purchase their electricity from wholesale sources. Residential electric plans typically run for one to three years.
As a contract expires, you must choose a new plan or get pushed into a month-to-month plan with even higher rates. It’s an exciting opportunity for residents looking to save money on electricity. But there are some important considerations to remember as you make your decision.
Your Monthly Electricity Usage
Look at your electric bills from the last few months to estimate your monthly electricity usage. Understanding your electricity usage and needs will help you choose a plan that works for you.
Your Current Electricity Rates
The energy price per kWh is based on usage. By knowing the amount of energy your household consumes per month and how much you pay for it, you can find the best rates in that range.
Type of Contract
Is the price per kWh fixed or variable? With a fixed-rate plan, your electricity rate stays the same throughout the contract. A variable-rate plan could vary dramatically every month.
Length of Contract
How long is your plan? Don’t sign up before confirming the duration of your plan. You should also ensure that you are comfortable with the terms of your contract. Read the fine print to avoid surprises down the line.
Incentives
Electric companies are constantly offering new plans, many of which come with gift cards, bill credits, and other incentives. Do any of the plans you are considering offer incentives or introductory packages?
Let Power Mojo Help You Choose the Best Residential Plan for Your Home
Save time and money on electricity bills with the help of Power Mojo! Let us help you find and compare electricity rates from all the trusted providers. Power Mojo will find a plan that fits your needs, we’ll manage your enrollment to ensure the process is as painless as possible.
No matter where you live in Texas Power Mojo can help you find a good energy provider and help you reduce your carbon footprint. Avoid overpaying for your electricity with the help of Power Mojo. Contact us today!