The cost of standard electricity from Electricity Rate is a fixed rate that is adjusted every quarter; as of Compare Electricity. (You can see this on your bill as the “price to compare.”) Many of the alternative providers also offer a fixed rate, which guarantees a certain price for the length of your contract. This means a more consistent bill—but often a slightly more expensive one.
At Compare Electricity Prices we’re here to do one thing – help you find the best electricity plan to fit your needs. We are big advocates of electricity competition and your power to choose your own electricity provider. We offer completely unbiased electricity plans and display accurate, transparent pricing to take the guesswork out of choosing your electricity plan.
Don't wait until you have a problem to call us. We can perform regular maintenance on your critical home systems to prevent potentially expensive repairs down the road. So remember Switch Energy when you need a trustworthy provider to fix or improve an element of your home. Our technicians are licensed and background checked, so you can trust them to take care of your Texas home as though it was their own.
This goes back to the question, “What is a retail energy company?” Remember, this is how you get a competitive rate for your energy supply. By working with retail energy suppliers, you often have options as to how you set up your rate. For example, retail energy suppliers might offer you the choice of either variable or fixed-rate plans. A fixed rate plan would allow you to lock in a single supply rate for energy for the term of your contract; how that would work in your specific circumstance could depend on where you live.
With moderate fluctuations taken into account, the variable plans is still cheaper. Our bill is approximately Gas And Electric more in the winter, but we’d still save Electricity Plans over the course of a year. It’s more a question of whether you can roll with the punches of an unpredictable rate, or would sleep easier knowing your bill is going to look the same month after month.
On the one hand, long-term, fixed-rate (contract) plans offer stability in pricing. If energy supply costs suddenly go up in your area, you won’t be left paying more than what you bargained for. You’ll have peace-of-mind. If you want to switch out of your contract before it ends with a lower cost plan, you’ll likely face a cancellation fee (early termination fee).