Commercial Electric Providers In Texas

Are you confused by all the different business electricity rates? Finding commercial electric providers in Texas is difficult.

Imagine the relief you’ll feel when all your questions are answered.

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Enter your zip code into Power Wizard’s Shopping Tool and you can forget about searching for answers. Power Wizard will find you a commercial electricity plan that can save you headaches and money. That’s the power of Power Wizard!

Do You Have A Choice In Your Commercial Electricity?

Yes, most likely.

Electric service in much of the state of Texas is deregulated. This introduces new challenges to finding residential or commercial electric providers in Texas.

Only a small portion of the state is not, so make sure to check and see if your business is located in one of these deregulated areas.

You are probably aware of how deregulated electricity affects the residential energy market.

But did you know that as a business owner, you have the same ability to choose electric providers for your business as you do for your home?

Plans for business owners may be even more beneficial and flexible than those for residences. That’s good news for you.

Which State Has The Lowest Commercial Electric Rates?

As of December 2019, Oklahoma is the state with the lowest commercial electricity rates. The average commercial electricity cost for Oklahoma is 7.18 cents/kWh which is 6.6% lower than the year before.

What is Oklahoma doing right?

Factors that keep Oklahoma’s electricity rates low include:

• Multiple sources of energy.
• Oklahoma Gas and Electric’s investment to reduce emissions and increase reliability rates.
• Innovation and improved customer service.

Even though Oklahoma leads the U. S. in lowest electricity rates, Texas. Commercial electricity providers in Texas still offer affordable rates and flexible plans.

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Which State Has The Highest Commercial Electric Rates?

Business owners in Hawaii pay the most for their electricity which, on average, costs a whopping 28.92 cents/kWh.

It’s not surprising that electricity costs are astronomical in Hawaii.

The cost of living in Hawaii is the highest in the country being 92.9% higher than the rest of the country.

Other reasons for Hawaii’s high costs include:

• Petroleum-based energy is the main source of energy. As gas prices rise in the U. S., electricity prices in Hawaii rise also.
• The need to import petroleum makes it expensive.
• The warm climate causes residents of Hawaii to use the AC all year long which makes their average use 4300 kWh/year.

While living in Hawaii offers obvious benefits, it also comes with a higher cost of living. However, if you run a business in Texas, you will be able to take advantage of competitive business energy rates that won’t bust your budget.

List of 9 Commercial Electric Providers In Texas:

List of 9 Commercial Electric Providers In Texas

Now that you have a better idea about the lowest and highest commercial electricity rates in the nation, let’s look at a few of the companies in Texas that can service your needs.

Note that the information provided below is only general. Specific plans and rates differ based on many factors related to your business.

This list gives you an idea of what’s available and helps you know how to start the search for commercial electric providers in Texas. 

Electric Provider #1: Breeze Energy

Breeze Energy is one of many commercial electricity providers that offers different types of plans to fit the business owner’s needs and uses wind power.

Types of Commercial Plans:

Breeze Energy offers different types of plans to fit the business owner’s needs and uses wind power.

Types of Commercial Plans:

Breeze Energy offers 3 types of plans:

• Fixed-rate plans are for businesses that want consistency.
• Variable-rate plans to let the consumer take advantage of low prices.
• Month-to-month plans may also allow you to switch providers without a fee.

Electric Provider #2: Gexa Energy

Gexa Energy offers two types of plans for small businesses in Texas.

Types of Commercial Plans:

Gexa offers:

• Fixed-rate plans that allow you to fix your rate for up to 60 months.
• Market energy index plans that offer a commodity rate based on spot market published prices.

Electric Provider #3: Direct Energy

Direct Energy is a commercial electricity provider that offers two types of fixed-rate plans.

Types of Commercial Plans:

• 24-month fixed-rate plan: 5.56 cents/kWh
• 36-month fixed-rate plan: 5.43 cents/kWh

Electric Provider #4: Green Mountain Energy

Green Mountain Energy offers fixed-rate plans for commercial consumers in Texas.

Type of Commercial Plans:

• Products include at least 15% renewable energy.
• Different term lengths.
• 100% renewable energy plans.

Electric Provider #5: Reliant

Reliant offers various length plans and commercial electric rates in Texas.

Types of Commercial Plans:

• Business Power Plus 36: 7.9 cents/kWh fixed for 36 months
• Business Power Plus 24: 8.5 cents/kWh fixed for 24 months

Business Power Flex: 12.3 cents/kWh – long term contract with low energy charge

How Do Commercial Electric Rates Across The Country Compare To Commercial Rates In Texas?

Remember that the lowest rate in the U. S. is 8.85 cents/kWh and the highest is 28.92 cents/kWh.

At this point, you are probably interested in knowing where Texas ranks in the cost of electricity service.

Texas is 6th in the rankings. That’s good news for Texas business owners.

As a business owner in Texas, you can expect to pay an average of 8.04 cents/kWh for electricity.

What Factors Influence The Commercial Electric Rates In Texas?

Business electricity rates in Texas fluctuate for various reasons, and these can affect the consumer in both favorable and unfavorable ways.

Though the consumer has no control over these factors, it is helpful to know what the factors are.

Factor #1- Fuels

Fuel prices may increase for two primary reasons:

• When the electricity demand is higher.
• When there are disruptions because of weather issues or damage to infrastructure.

In turn, higher electricity costs can be the result of higher fuel prices.

Factor #2- Power Plant Costs

All power plants have costs for construction, maintaining equipment, and operating.

These costs can affect business energy rates.

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Factor #3- Systems Of Transmission And Distribution

These systems have costs associated with them that include construction, operation, and maintenance expenses.

This can have an impact on what the consumer pays on his end.

Factor #4- Weather Conditions

The demand for heating and cooling can be a result of extreme temperatures, either extreme heat or extreme cold. This demand can cause the cost of electricity in Texas to increase as well.

Precipitation provides water for hydropower generation, and wind provides low-cost electricity generation when winds are at a good speed.

The opposite is also true.

During droughts or when wind speeds decrease, the loss of electricity generation can result in higher energy prices.

Factor #5- Regulations

This is probably the factor affecting business energy rates the most.

Deregulation of electricity in Texas is a benefit to the consumer.

Having providers compete for your business means you can shop for the lowest price rather than paying a regulated price of one single utility provider.

What Is The Best Commercial Electric Provider In Texas?

Defining terms is important in general, but it is especially helpful when considering electric providers for your business in Texas.

“Best” needs to be defined and can be subjective.

What is best for you may not be best for your fellow business owners.

After all, all business owners have different needs, goals, and profit margins. In addition to these, business size and location also affect which provider will work best for you.

And with so many commercial electricity providers available, it can be very difficult to pick the best one for you.

Some of the most popular energy companies in Texas are:

• 4Change Energy

• Direct Energy

• Gexa Energy

• TriEagle Energy

• Green Mountain Energy

What Is The Cheapest Commercial Electric Provider In Texas?

Finding the cheapest business electricity rates in Texas is not as easy as you may think.

Remember, many factors affect prices.

Other things that affect your bottom line price are the size of your business, the city where your business is located, and past usage.

Here are some of the “cheapest” plans in Houston, for example:

• Entrust Energy: 36-month term – 4.32 cents/kWh
• V247 Power: 36-month term – 4.34 cents/kWh
• Green Mountain Energy: 36-month plan – 4.35 cents/kWh
• Champion Energy: 36-month plan – 4.50 cents/kWh
• TriEagle Energy: 18-month plan – 4.50 cents/kWh

All of the above plans are subject to credit.

And remember that cheaper doesn’t always mean better.

With a cheaper rate, you may be forgoing other services that matter to you like quality customer service and the ability to switch plans without paying astronomical fees.

If You’re Unhappy With Your Current Commercial Electric Provider, Can You Switch?

Absolutely.

All customers with deregulated energy providers in Texas can change companies and plans.

But there are a few things you should know:

• Your provider may raise your rates after your initial contract is up. If you are not careful, you could be stuck with a much higher month-to-month rate.
• Market conditions are always fluctuating, so look at the market before your contract expires to find the best rate. (Or you can let Power Wizard do that for you.)

When Is The Best Time To Make The Switch?

Switching is easy, and you can change at any time.

You can pick a date within 14 days of your contract expiration date without paying a cancellation fee.

Texas law is on your side in this case.

Not only can you switch at any time, but switching is also easy.

• You can switch without contacting your current company.
• You do not have to experience disruption of service.
• Switching happens quickly, often in just minutes.
• Most importantly, switching can result in substantial savings.

When Is The Best Time To Begin Researching Commercial Plans?

It depends.

If you are not under contract, you can switch at any time.

If you are still under contract, the first thing to do is to find out how many months are left in your contract and what the cancellation fee is if you terminate the contract early.

You can begin searching 2-3 months before your expiration date to find the best commercial rates for electricity.

Do You Have To Wait To Switch?

You do not have to wait to switch if you are not under a contract.

If you are under contract, you can research rates ahead of time and can even lock in prices for a future start date with most providers.

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Commercial Electric Step By Step: How To Choose Electricity Provider

Troy has just moved to Texas to open his own small business.

Before he moved, he did his research and gained a good amount of knowledge on deregulated electricity and how it works.

Now it’s decision time. He needs to begin the process of securing an electricity provider, but even with the research he’s done, he’s not sure what to do next.

How do you find electric providers in Texas on your own?

Steps To Do-It-Yourself

Troy begins researching again.

He quickly finds out that something as seemingly simple as choosing an electricity provider is not only difficult, but is stressful, confusing, and time-consuming.

Among the things Troy can do to find the best commercial rates for electricity, he needs to:

• Compare the electric companies in his area.

• Compare commercial plans in his area.

• Read reviews and talk to other fellow business owners.

He does his due diligence, but in the end, Troy ends up completely frustrated.

Step 1: Compare Electric Companies In Texas

If you are a business owner and take this challenge on yourself, the first thing you need to do is compare the electric companies in Texas.

What will this involve?

Lots of Google searches.

“How do I find the cheapest energy provider?” might be the first of many searches.

There are over 160 providers.

Not all electric companies offer business rates, so you’ll need to do extra research to determine which companies offer commercial services.

How To Compare Electricity Providers

Now that you’ve made a list of electric companies in Texas, you’ll need to find the ones that offer business energy rates.

How to do this?

Back to your computer or your phone to make a ton of Google searches or phone calls.

Pace yourself, because this is going to take a while. There are over 160 Retail Electricity Providers (REPs), so the task is going to be daunting.

Step 2: Compare Commercial Electric Plans Offered In Your Area

Now the really hard work begins.

Being spreadsheet savvy can come in handy here.

And keep that excel spreadsheet open because you’ll need it next to compare commercial electricity plans that are offered in your area.

And this isn’t as straightforward as it may seem because you will need to look at more than rates/kWh.

In your plan comparisons, remember to consider the length of terms, rates per kWh, and early cancellation fees.

Step 3: Read Customer Reviews And Talk To Other Business Owners

In addition to all the steps above, perhaps the last step is to see what others are saying.

Looking at customer reviews online may give you some help in how to choose an electricity provider.

Get personal recommendations, too. Ask fellow business owners their opinions.

After all, they are the ones with experience with these companies. They aren’t trying to sell you something, so hearing from actual experiences can give you valuable information.

In the end, remember that business owners’ needs differ from owner to owner. What works best for you may not work well for the business owner next door. Since every business is different, electric companies and plans differ as well.

Step 4: Choose Your New Commercial Electric Plan

You’ve made it to the end of all your searching, and now all you need to do is choose a provider and plan.

You may choose a provider and plan, but are you confident in your choice?

Do you believe you’ve found the best plan?

How To Choose The Best Commercial Electric Plan In Texas

As mentioned before, choosing the provider with the best business electric rates in Texas involves considering many factors.

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To find the best plan, you will need to delineate the factors that matter most to you.

To know which plan is best for you, ask these questions.

• Is my business small or large?
• What are our electricity needs?
• What’s most important to me?
  • Do I want a fixed rate so that I can have a consistent rate each month?
  • Do I want to take advantage of fluctuating energy prices where a variable rate would benefit me?
• Am I prepared to pay a high cancellation fee if I want to switch before my contract is over?

All of these variables will help determine what electricity plan is the best for you.

Step 5: Sign Up For Your New Plan

Finally, signing up for a plan is the last step.

Power Wizard can make this step simple and easy for you. And it only takes a few minutes.

Enter some information in Power Wizard’s Shopping Tool and Power Wizard takes it from there. Finding commercial electric providers in Texas has never been easier.

Step 6: Cancel Your Existing Plan

If you are near the end of your contract, changing plans should be fairly easy.

Your electricity provider is required to send you a “Notice of Contract Expiration” if you have a contract with 3 or more months left. The electric provider should send this notice of expiration at least 30 days from the end of the contract.

You, the customer, can either renew your service with the current provider or switch to a new plan. If you don’t do either one, your provider may automatically switch you to a different plan.

If you are not at the end of your contract, switching plans might a little more difficult (because of contract terms), not to mention more costly.

However, the actual switching of providers should not be that complicated.

Steps For The Busy Commercial Business Owner

If all of this sounds overwhelming then know that there is more than one way to choose a commercial electricity plan. Here is the faster and easier way.

Step 1: Spend Just 5 Minutes

In just 5 minutes you can find the best plan for you (a process that would otherwise take countless hours to find out on your own).

Use Power Wizard’s Savings Estimate tool to find the best plan for your business.

All you need to get started finding commercial electric providers in Texas is enter your zip code into Power Wizard’s unbiased tool and we will take it from there.

Step 2: Add A Few Additional Details

To help us find the best commercial rates for electricity, you will want to provide a few more details.

We may need answers to the following questions:

• The size of your commercial property
• Your business’s current or prospective usage
• A contract length are you comfortable with
• Is avoiding fees a priority?

Let Power Wizard Work For You While You Focus On Your Commercial Business

It’s as easy as that.

But Power Wizard doesn’t stop there.

Not only will we help you find the best plan, but we will also monitor that plan for you and alert you if and when a better option is available.

We have the most modern and streamlined technology, which allows us to consider the most factors that influence your power bill.

Not only that, but our algorithm is unbiased, so when searching the 160+ companies in Texas, our algorithm always picks the best option for you.

Leave the details to us so that you can get back to what’s important to you – making your business as successful as it can be.

Find your commercial electric providers in Texas today!

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