Month-to-Month Electricity Plans
Many Texans have already seen the benefits of switching to month-to-month electricity plans. For example, customers who switched from a fixed-rate contract to a flexible plan saw a 10-15% reduction in their bills during the spring and fall months when electricity rates were lower.
Here’s a look at a typical month-to-month electricity bill breakdown:
- Electricity consumption: 800 kWh
- Rate: $0.12 per kWh (varies monthly)
- Total: $96
Compare this to a fixed-rate plan of $0.15 per kWh, which would result in a total of $120 for the same usage. In this case, the month-to-month electricity plan offers $24 in savings for just one month.
Data on Texas Electricity Rates
According to data from the U.S. Energy Information Administration (EIA), the average residential electricity rate in Texas is around 12.6 cents per kWh. However, rates can fluctuate significantly depending on the time of year, weather conditions, and energy demand. For example:
- Summer months: Rates often increase to 15-16 cents per kWh due to higher demand.
- Off-peak months: Rates can drop to as low as 10-11 cents per kWh.
By choosing a month-to-month electricity plan, you can benefit from these lower off-peak rates without being tied to a fixed price.
Conclusion
Lowering your electric bill in Texas doesn’t have to be a daunting task. By switching to a month-to-month electricity plan, upgrading to energy-efficient appliances, improving your home’s insulation, and exploring renewable energy options, you can take control of your energy costs.
To learn more about how VIP Energy Service and Ambit Energy can help you find the best plan for your needs, visit their websites and start saving today.
For more information, please visit our website at https://vipenergyservice.com/
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