Cheap Energy

Everyone wants cheap energy but is the cheapest energy rate the best one for you?

Power Wizard will find out for you!

It searches and compares hundreds of electricity plans. It even estimates how much you can save based on your location and usage.

Power Wizard can take the guesswork out of choosing a cheap energy provider and let you know what the best choice is in just a few minutes!

Use the Shopping Tool to start saving money today!

How Do I Find Cheap Energy Providers In Texas

If you are not familiar with the energy market in Texas, your search for an energy company may look similar to this:

• Go to your favorite search engine.
• Enter “Energy Company Near Me” in the search bar.
• Click on a few search results until you find a chart that has a list of the energy companies and rates for your area.
• Start to wonder “What is a kilowatt?” and shrug it off.
• Resolve to find the plan with the lowest kWh, assuming it will be the lowest rate and the best deal for you.
• Celebrate with joy when you find the lowest rate in your area.
• Quickly sign up with the company.
• Experience a bit of doubt that keeps nagging you, but release a huge sigh of relief because it’s finally over.

You are not alone.

Navigating the energy market in Texas is confusing and overwhelming for most people. You most likely will make the mistake of finding the cheapest energy rate rather than doing the necessary research to determine which company has the best energy rate for your property’s unique needs.

In essence, the question should be: “What is the best energy company for me?”

Not: ”What’s the cheapest electric company for me?”

What Makes the Texas Energy Market Different?

There are two main reasons why understanding the energy market in Texas can be confusing:

1. Depending on where you live in Texas, you will either have regulated energy or deregulated energy.
2. If you live in a part of Texas that has deregulated electricity, it can be difficult to thoroughly research based on your one-of-a-kind needs.

Therefore, Texas residents should be well-informed on the implications of having deregulated electricity.

Deregulated Electricity In Texas

Before 2002, energy in Texas was regulated, meaning…

Before 2002, energy in Texas was regulated, meaning that the electricity market was a public utility that was monopolized by a sole provider. Everyone in a neighbor or county was serviced by the same company for electricity and it was a simple process for everyone to power their homes and business.

However, the law dictated that the cost of this deregulated energy was directly in proportion to the cost of coal and fuel. Everyone paid the same rate (price per kWh).Then after 2002, lawmakers made energy deregulated all over Texas (except for in a few areas), meaning the electricity market is now an open market. Our energy service provider is no longer a public utility and several private entities can market their services to residents.

The electricity market is now an open market.

You now have the power to choose your energy service providers but the process of finding an energy plan is much more complicated than when it was regulated as a public utility.

Does Deregulated Electricity Mean Lower Energy Rates?

In theory, the deregulated electricity market, which is very competitive, nurtures the opportunity for lower energy costs. 

Essentially, the more competition there is, the lower the cost of energy will be.

However, the price of energy changes very often. In fact, the cost of everything can fluctuate as often as every 15 minutes!

Affordable Energy and Gas

If you are considering whether to choose energy or gas to power your home, your rate may be similar either way for the following reasons:

• Gas can only be used to power certain power sources in your home or business, like the oven, furnace, clothes dryer, water, and some other heat sources.
• Gas and electricity use different units of measurement (kWh vs. therm), so it depends on how much you need for those particular energy sources.

The biggest factors when considering how much it costs to power your home has more to do with where you live, the size of your property, how many years old the property is, as well as how much energy you will consume.

Taking your family size and prior history of energy usage into consideration can help you to be fairly accurate with predicting energy consumption.

At Power Wizard, we specialize in helping you compare electricity plans so that you can find the best energy company to service your home or business.

If you are ready to let us simplify the process of finding the best energy plan for you (which means not only saving you time but likely saving you money, too), simply enter your zip code into our Shopping Tool.

What’s The Cheapest Energy Company in Texas?

When you are shopping for the cheapest energy provider, you must remember this one thing: the cheapest rate may not be the best rate for you.

There are five factors that should be taken into consideration:

• What type of property needs to be serviced – a home or a business?
• What is your zip code?
• What is the square footage of your property?
• What is the age of your property?
• What is the typical energy usage for your property?

With all these factors to consider, it can be a daunting task to search on your own for your best energy plan.

Imagine that you just moved into a house and need to find cheap energy companies in Houston.

How would you be sure that your home or business would get the best energy rate while considering the five factors mentioned above?

You would have to set aside a significant amount of time, with a notebook, a pen, your cell phone, and lots of patience for when you attempt to talk with numerous energy service providers.

There are not many people who can do this type of effective research without a lot of frustration. Find out which energy provider is the cheapest while considering the needs of your family or business, by locating your city, neighborhood, or zip code.

Cheap Energy Houston

Cheap Energy in Houston Neighborhoods:

Cheap Energy in Houston Zip Codes:

Cheap Energy Dallas

Cheap Energy in Dallas Neighborhoods:

Cheap Energy in Dallas Zip Code:

Cheap Energy Corpus Christi

Cheap Energy in Corpus Christi Neighborhoods:

Cheap Energy in Corpus Christi Zip Codes:

Cheap Energy Waco

Cheap Energy in Waco Neighborhoods:

Cheap Energy in Waco Zip Codes:

Cheap Energy Fort Worth

Cheap Energy in Fort Worth Neighborhoods:

Cheap Energy in Fort Worth Zip Codes:

Cheap Energy May Not Be the Best Energy

Here is a practical example of why the cheapest energy may not be the best energy:

There are two families, “Family A” and “Family B,” who live in adjacent apartments to one another.

They have the same floor plan and by the recommendation of their other neighbor, have the same energy plan that includes free nights and weekends.

Both families consist of a father, mother, and two children but there are some lifestyle differences.

Family A:

Both parents work outside of the home during the week and spend their weekends with their teenage son and elementary-aged daughter on the weekend. The children like to have their friends over on the weekends to hang out and they love it when their dad is home to cook on the grill.

Family B:

The father travels all over the country during the week, while the mother works from home during the day. She also finds herself away from home a lot in the evenings because she takes her twin elementary-aged sons to their various activities in the evening, such as soccer, piano, tap dance, and boy scouts. Because this family has so much going on in the evenings, they often find themselves dining out.

Family A spends a lot of time at home in the evenings and weekends. They also like to have guests over regularly.

On the other hand, Family B is rarely home in the evenings and weekends. They also dine out more than they eat at home.

Therefore, the “cheap energy rate” and “free nights and weekends” incentive may be a better deal for Family A, while Family B may find their bill to be significantly higher than Family A.

How Do I Search For Affordable Energy

You essentially have two options for how you can search for cheap energy: (1) a manual search or (2) a search with Power Wizard.

Steps to Search Manually:

1. Visit www.google.com.
2. Type in the keyword “cheap energy in [your neighborhood]” or “cheap energy in [your zip code].
3. Click on each of the web pages and navigate through numerous links to learn more about the energy companies and their plans.
4. Spend 3-5 hours of your free time scribbling notes (that will more than likely turn into a confusing jumble of words).
5. Compare the various energy plans and incentives each company offers while considering ALL these factors: a. Home or Business b. Size of the Property c. Age of the Property d. Energy usage Tip: Create a chart to compare your findings.
6. Finally, look through all of your extensive research and make the best guess as to which energy company offers the best plan for you.

Steps to Search With Power Wizard (Takes 10 Painless Minutes):

1. Use Power Wizard’s Shopping Tool.
2. Enter your property information into the tool a. Zip Code b. Size (in square feet) c. Property’s age (to consider energy-efficiency) d. Historical energy usage (submit your previous energy bills for convenience)
3. Let Power Wizard’s powerful and unbiased algorithm consider EVERY available energy plan in your area to determine which is best for you and your usage.

After using the free Shopping estimate tool, Power Wizard makes it simple to sign up for a new energy plan or switch (if you already have another energy plan).

Is Solar Energy Cheap?

Solar energy is quickly becoming a viable source of energy for homes and businesses in Texas as people are thinking about how to make energy cheap.

Solar energy and traditional electricity sources can be great options depending on your individual needs.

Therefore, it is important to do your research to understand the similarities and differences in both energy sources, as well as what is the best energy source for you.

Some things to think about when considering solar energy:

• Type of Solar Panels
• How Many Are Needed
• Cost of Solar Panels
• The Process of Installation
• Warranties and Repairs for Solar Panels
• Financing and Leasing Options for Storage
• Fluctuations in Winter vs. Summer
• Overage and Shortage of Energy
• Home Insurance Costs

If you are seriously considering how you can get solar panels, check out more questions you should be asking.

No matter what kind of energy you choose, your choice should meet your needs.

Why “Cheap” May Be A Marketing Ploy

As you consider purchasing cheap energy, be aware of companies that use marketing ploys to sway your decision.

For example, some energy companies may offer a $250 gift card or something similar if you sign up with one of their energy plans.

Sometimes these marketing strategies can appeal to your immediate wants or needs, rather than the long-term service contract terms.

Be careful and don’t let those gifts and incentives fool you.

Power Wizard has a tool that you can use to help you choose the best energy plan for you, without any deceitful marketing ploys.

Find Cheap Energy Services with Power Wizard

If you want to find cheap energy for your home or business while considering what is best for you, try Power Wizard.

Why?

Power Wizard’s unbiased algorithm uses your personal information to compare your needs with ALL the available plans in your zip code.

Our Shopping Tool may not find the overall cheapest rate, but it will be the best rate that fits your individual needs.