If you’re shopping for electricity, don’t just look at one advertised rate.
Some plans can work very differently depending on whether your home uses around 1,000 kWh or over 2,000 kWh, especially with things like EV charging or heavier summer AC use.
The best plan is usually the one that matches your actual usage pattern, not just the lowest headline number.
Worth comparing before you renew: www.MyPowerNegotiator.com
If you are up for renewal, lock in today's drop. Its bit unusual for this time of the year for the rates to drop but a relief to see rates dropping.
To everyone's surprise electricity rates dropped during peak summer temperatures and our lowest rate credit back plan got even lower. Below is for Centerpoint. Check out the lowest rate in your TDU at www.MyPowerNegotiator.com. You can lock in your rate 60-90 days in advance with future switch date.
If your home usually uses below 1,000 kWh/month, it may be worth looking at for smaller homes, apartments, townhomes, or households that use less electricity.
Example plan structure I’m seeing:
500 kWh: 8.8¢/kWh
1,000 kWh: 13.3¢/kWh
Bill credit: $50 credit when usage is above 500 kWh
The key is to compare based on your real monthly usage pattern, not just the headline rate.
Worth checking at www.MyPowerNegotiator.com before you renew.
I recently saw a business comparing several renewal quotes, and none made it easy to understand what the actual monthly cost would be.
For those who handle this themselves, what’s the most frustrating part, like - comparing rates, understanding contract terms, demand charges, or figuring out whether the bill is even reasonable 😄
I was looking at the usage pattern for a Texas restaurant, and the monthly bill hid a lot. A surprising amount of electricity was being used before opening, during prep and HVAC startup.
Do you ever look at hourly usage, or mostly just the total bill? Has anyone found something unexpected and actually fixed it?
If you’ve been shopping for electricity lately, you may have noticed that both residential and commercial rates seem to be dipping compared to the past few weeks. If your contract is coming up for renewal, don’t just roll it over for another year without checking. It’s worth taking a few minutes to compare plans, especially based on your actual usage, not just the advertised rate.
I’ve been tracking Texas electricity rates over the past few weeks, and rates have been dropping in several regions.
If your contract is coming up for renewal, or if you’re not sure what rate you’re currently paying, it may be worth checking before you renew or roll into a higher rate.
You can check My Power Negotiator’s lowest available regional rate by ZIP code here:
www.mypowernegotiator.com/texas-regional-rates
You can also compare your current energy charge against the lowest regional rate and estimate potential savings here:
www.MyPowerNegotiator.com/savings-calculator
Rates vary by ZIP code, usage, provider, plan type, and availability, so don’t assume the lowest advertised rate applies everywhere. But if you haven’t checked recently, this may be a good time.
Check out if you are over paying for electricity at www.mypowernegotiator.com/savings-calculator before you renew your plan.
A lot of small business owners don’t realize how much their commercial electricity rate can vary before renewal.
If you run a restaurant, warehouse, office, retail space, or any business in Texas and your electricity rate is over 6.5¢/kWh, it may be worth reviewing before you renew or roll into a higher rate.
My Power Negotiator helps businesses compare options and see if there’s room to lower the rate.
No cost. No obligation. Just a rate review.
Reach us at: hello@MyPowerNegotiator.com
Would be happy to review and tell you honestly if your current rate is already good
7% increase is not small but considering all the increase in demand on the grid and looking at other states, we are not that bad.
If you haven't noticed it yet...TDU charges have changed early this month.
Why spend hours shopping for electricity when you can let an expert handle it for free?
MyPowerNegotiator handles your renewals, tracks the market, and secures top-tier rates (as low as 6.9¢/kWh at 1,000 kWh! - Credit back plan. Check your true rate with Calculate Your True Electricity Rate in Texas | My Power Negotiator so you never accidentally overpay again.
✅ Renewal reminders? Covered.
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I am seeing conversations on going with short term 3 months plan. Came across this on PTC which most of us use. If you are going with this plan, make sure you have to pay a one time fee of $50 to signup which is equivalent to 1.6 cents/ kWh at 1,000 kWh usage. So your cost will be 5.3+4.99+0.49+1.6=12.4 cents at 1,000 kwh - not 11.2 at 1,000 kWh **(**EFL is based on 1/12 of the $50 fee but this is a 3 months plan and $50 is one time fee).
We have a negotiated rate plan at 6.11 cents energy charge + 0 base charge + TDU (this is for CNP, base charge is slightly low or high for other regions). If you are up for renewal in May, drop your details at https://www.mypowernegotiator.com/negotiator-rates
Some of the providers I work with have started rolling out VPP programs in Texas. So I started looking it in detail.
Highlevel details: Full solar system + home battery installed at $0 upfront, get backup power during outages and you lock in an electricity rate for the next 25 years (contract term)
For that, the provider owns and remotely manages the system as part of a larger grid network.
As a homeowner, the benefits I see are - No upfront cost, whole-home backup power, potentially (assuming the retail rates go up as we see in the discussions) savings compared to regular plans.
What I am thinking about is -Locked in for a full 25 years, rate escalates slightly (3%) every year (but what if the retail rates don't really go up as much as we think would go up) and I don’t own the equipment until the end of the contract
I’m curious what you all think about this type of program.
Would this be something you’d consider for your home?
Drop a comment below with your thoughts? yes, no, or too much to worry about that electricity bill 😄and if you want more details, just say the word and I’ll share what I know.
Stop falling for the “lowest teaser rate” trap on Power to Choose.
Most plans look amazing on paper, until your actual bill arrives and you realize the plan was never built for your home’s usage pattern.
The Cheat Sheet:
Texans - stop falling for the “lowest teaser rate” trap on Power to Choose.
Most plans look amazing on paper… until your actual bill arrives and you realize the plan was never built for your home’s usage pattern.
The Cheat Sheet:
You still need to look at your base energy charge and any monthly usage charges. Why guess, when you can use free tools at MyPowerNegotiator.com:
Need help to run the numbers for you? Send your bill to hello@MyPowerNegotiator.com - Its free.
Who else is shopping for summer rates right now? What’s your typical monthly usage and biggest frustration with electricity plans? Drop it below 👇
(Pro tip: Always check the EFL — the fine print is where they hide the real math.)
There is a big shift happening in the Texas market right now. Electricity companies are starting to move away from "one-size-fits-all" rates and are exploring ways to offer plans tailored specifically to your usage.
The problem here is - the plan that looks cheap for your neighbor might be a rip-off for you. As a customer we need to use our usage pattern to our advantage to level the playing field.
Use the free Check My True Rate tool to see what a plan will actually cost you based on your real usage and not the average on the teaser trap rates.
Just came across this on LinkedIn. Looks like Base Energy price and TDU will start increasing as we see the load hitting the grid. Thoughts?
