Texas Fixed Rate Energy Plans

Fixed-rate energy plans are a great way to help reduce big bill shocks and save money. HomeEnergyClub.com offers a variety of low fixed-rate electricity plans from trusted providers like Gexa Energy, Reliant, Pulse Power, and more. You can browse and compare energy plans with fixed rates.

What is a Fixed Rate Electricity Plan?

Fixed-rate energy plans remain locked throughout the entirety of one’s enrollment term. This means the energy rate that the company charges you when you enroll is the same rate you will be charged for each month under the plan.

Fixed rates ensure price stability, which protects against spikes in rates during peak power demand periods, such as during summer or extreme winter weather events.

With a fixed electricity plan, you can set an electricity budget that should generally fluctuate less every month. This takes the stress off of you and your financial planning.

Fixed plans typically come in the following term lengths:

• 12 months
• 24 months
• 36 months

You may choose the term length that you feel is best for you.  This is usually determined by how long you plan to maintain your current living situation or your expectations for future energy rates.

The disadvantages of fixed-rate plans include the restraint of a term contract, meaning you may not be able to cancel your energy contract without an early termination fee if you wish to change plans. You may also miss out on lower rates if there is a decline in market pricing during your contract term.

Summer and winter months tend to drive up pricing due to more energy demand as people increase air conditioning or heating usage. The peak use of energy of appliances will impact your bill.

Tip: Try to enroll in a fixed-rate energy plan in the late winter or early spring as rates will typically be lower during these times.

Compare Texas fixed electricity rates for your size home

Is a Fixed or Variable Energy Rate Better?

Variable rates have caused large numbers of consumer complaints, causing most energy providers to stop offering variable-rate plans. Variable rates fluctuate with the market price of electricity and the discretion of the power company.

Market rates for electricity are often influenced by:

• Demand
• Commodity fuel prices that drive generation costs
• Energy generation plant and distribution system efficiency
• Decisions made by individual electric companies to increase pricing

Thus, your monthly electricity bill will change month-to-month depending on the new rate, even if your energy usage stays the same. This can lead to unpredictable bills, which could create major bill surprises and affect your finances.

We urge homeowners to be very cautious when enrolling in a variable-rate plan. To protect Home Energy Club members, we have never offered variable rate plans in Texas.

Choosing a Fixed-Rate Electricity Plan

After deciding on a fixed-rate energy plan, you’ll want to compare rates and plans from providers to find the best fit for your home.

First, determine which plan is right for your home size based on your kWh usage. A typical apartment uses an average of about 600 kWh per month, a small house uses about 1,200 kWh per month, and a larger home uses 2,000 kWh or more per month. If you want to dive deeper, you can calculate your average electricity usage by estimating the energy of your appliances in your house in addition to your home size.

Next, you should decide what term length you prefer. This could depend on your current finances, the time you plan to continue living in a certain place, or the expectations of future market prices. If market prices are expected to rise and keep increasing, you may want to opt for a longer-term plan.

However, if you don’t wish to enter a long-term contract or you are a renter, you may consider a shorter term, such as a 6-month plan. Be sure to read the terms and conditions, and make sure they match your needs.

For more tips on how to choose the best energy plan, use our Savvy Shopper’s 10-Minute Guide.

Top Texas Electricity Providers Offering Fixed Rates

Below are some top trusted light companies that offer affordable fixed-rate energy plans:

Gexa Energy: offers low rates, 100% green plans, and a 60-day guarantee
4Change Energy: a Vistra Energy company (Fortune 500) with cheap rates on fixed plans
Pulse Power: high-quality customer service offering low rates plus bill credits (owned by Shell Energy)
Reliant Energy: highly-trusted provider with top-quality customer service offering affordable fixed rates
Express Energy: a Vistra Energy-owned company with price-protected plans

For more information on other Texas energy providers visit HomeEnergyClub.com to compare cheap electricity rates using your zip code.

Compare best Texas electricity plans chosen to prevent bill surprises

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You should always read a plan’s EFL details to decide if it’s a fit for you, but our system does the tedious math to help you compare estimated costs. Of course, your future bill amounts will depend on your future usage.

You will find a widget on Home Energy Club which fetches your home’s energy usage data from Smart Meter Texas (SMT) and runs calculations of the rate structures of energy plans to help you conveniently estimate the cost of energy plans you are considering, based on your prior 12 months of energy usage as reported by SMT.

In one of the text panels of the widget, you will see an authorization button. By checking the permission box above the fields in which you enter your name and email address, and clicking on the authorization button, you are authorizing Smart Meter Texas to provide us with your location’s energy usage information so that our system can run cost calculations. It’s important to note that errors can occur when developing and running calculations, and the Company does not guarantee that its cost numbers are correct. You should always read the Electricity Facts Label (EFL) for each energy plan you are considering before enrolling, and make an independent decision on whether the plan is an appropriate fit for your home based on your own calculations and all the information disclosed by energy providers in the EFL.

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