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Current Electricity Rates: 5 Sites to Check Out

Posted on by Everything Energy 3 minutes 50 seconds

After another summer of high energy bills, Texans may be interested in learning more about current electricity rates. Doing so can keep you informed about current energy prices and help you find low-cost electricity. It can also help you budget better before the hot days return.

To learn more about current electricity rates, visit trusted resources with reliable information. Here are a few you can count on.

Where can I learn more about current electricity rates?

1. The Public Utility Commission of Texas (PUCT)

The PUCT is the regulating body for Texas utilities. According to its website, it “regulates the state’s electric, telecommunication, and water and sewer utilities, implements respective legislation, and offers customer assistance in resolving consumer complaints.”

It was established in 1975, but its role has evolved over time. In 1999, the electricity market became deregulated. Now that customers have the power to choose their retail electric provider, the PUCT has an important role. It oversees the competitive wholesale and retail markets. This ensures Texans receive the benefits of competition. 

The PUCT can help people learn about current electricity rates and other costs on its Charges on Your Energy Bill page. It defines more than 20 terms you may see on your bill. Using this site, you can learn about how your monthly payments are allocated.

2. U.S. Energy Information Administration (EIA) 

The EIA is a government agency that “collects, analyzes and disseminates independent and impartial energy information to promote sound policymaking, efficient markets and public understanding of energy and its interaction with the economy and the environment.”

Created in 1978, the organization has a wealth of information about electricity and the energy industry. Topics you can dive into include short- and long-term energy projections, statistics by geography and more.

But, for information about current electricity rates, check out the Rankings page. It shows the average retail electricity price by state. You can see current electricity prices per kwh for Texas and how it compares to the other 49 states (and the District of Columbia). 

3. Smart Meter Texas About Us – Smart Meter Texas

According to its website, Smart Meter Texas is “a collaborative effort among […] AEP Texas Central Company, AEP Texas North Company, CenterPoint Energy Houston Electric LLC, Oncor Electric Delivery Company LLC and Texas-New Mexico Power Company.” 

Endorsed by the PUCT, the Smart Meter Texas website stores daily, monthly and 15-minute interval data recorded by Smart Meters. It also allows customers secure access to their data.

If your home has a Smart Meter, you can register on the Smart Meter Texas website. After doing so, you can view up to two years of your electricity usage data. 

Once registered, you’ll see a very detailed breakdown of when you use the most and least energy. This will prove important when you start looking into current electricity rates, electricity providers and specific plans.

For instance, some energy plans offer discounts during certain times of the day. These discounts typically fall on off-peak usage hours. (Think late at night or on weekends.) 

So take a look at your Smart Meter Texas data and see if the majority of your usage falls within these specific timeframes. If so, you will be able to search for low-cost electricity more effectively. 

After all, the more details you know, the easier it is to make the most beneficial choice.

4. Your current electricity provider

For some initial research into current electricity rates, you don’t have to look very far. See current offers from your electricity provider. Then, compare them to what you pay right now. In most cases, you can get started by visiting the provider’s website and typing in your ZIP code.

However, this is just one piece of the puzzle. You should also visit an energy broker  like Everything Energy. This will give you a larger and clearer picture of current electricity rates.

5. Everything Energy

For current electricity rates from Texas electricity providers you can trust, look no further! Everything Energy compiles top offers from well-known energy suppliers in the state. Then, we give you the tools to sort and filter based on your usage, needs and preferences. You can even sign up on a plan that very day.

Everything Energy can also use your Smart Meter Texas data (after you give permission) to provide more accurate monthly bill estimates based on your electricity usage history.

How can I compare current electricity rates today?

Now that you know where you can look to find the information you need about current energy prices, It’s easy to find low-cost electricity. Everything Energy offers the personalization needed to choose the best electricity plan for your home. Start shopping today!

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