Compare Laredo Electricity Rates

power to choose texas

Compare Laredo Electricity Rates

Current Laredo electric rates

Company Term Rate
Chariot Energy 12/months 10.4¢/kWh
APG&E 9/months 12.6¢/kWh
TriEagle Energy 36/months 12.9¢/kWh
Frontier Utilities 12/months 12.9¢/kWh
Gexa Energy 12/months 12.9¢/kWh
Tara Energy 24/months 13.0¢/kWh
4Change Energy 24/months 13.0¢/kWh
Amigo Energy 24/months 13.0¢/kWh
Just Energy 24/months 13.0¢/kWh
Rhythm 6/months 13.0¢/kWh
Rates as of Sep 16, 2024 at 08:15 AM

Laredo Power to Choose

Laredo customers have had the power to choose their own electricity provider for over 20 years. Laredo is a part of Texas's deregulated electricity market. This means that Laredo Residents and business owners are no longer forced to buy electricity from the monopoly utility company. You can exercise electricity choice and compare and sign up online using the Texas Electricitty Rates marketplace.

Moving to Laredo?

Whether you're relocating to Houston, Dallas, Fort Worth, Corpus Christi or Midland, Lubbock, youre gonna need your electricity turned on. Fortunately, it only takes a few minutes to get everything connected. And the best part is you can compare and shop for the best rate in Laredo and get your service turned on in about 4-6 hours.

Because Texas has a deregulated electricity market. You have the power to choose. Laredo Electricity Companies compete for your business. Your local utility company maintains the poles and wires and reconnects the power if there's a storm or blackout. All you have to do is pick a plan and a start date and we'll handle the rest.

Getting your power turned on in Laredo is easy. If your home has a smart meter, providers can get your lights turned on in 4-6 hours with "Same Day Turn-on". Just enter your zip code to get started.

Switching your electricity company in Laredo

Follow our tips to get a great Laredo electricity rate.

  • Check your usage. Plans are based on how much you use with breaks at 500, 1000 and 2000 kWh
  • Check your contract end date. You have 14 days prior to your contract end to switch providers.
  • Understand ETFs (Early Termination Fees) Switching prior to the end of a contract may save you money.
  • Watch out for renewing rates that increase your rate. Sticking with your old provider is nice, but watch out for rate increases.

Understanding Texas Energy Plans

The Texas electricity market is full of plans that have cheap rates but some of those only kick in when you use a certain amount of electricity. And if you don't hit that amount, you could pay extra.

Low rate plans aren't always the best deal. The best deal is the plan that best matches how you use electricity. That means understanding your usage is critical to shopping the best plans for your needs.

Because not everyone has the same needs, there are several basic kinds of plans:

  • Fixed rate plans have stable rates for the length of the plan; usually from 3 to 36 months. The upside is that you're protected from rising rates. The downside is if rates fall while you're locked in the plan. Early termination fees make it harder to leave them.
  • Variable rate plans last only a month. The upside is that they have no contract and no early termination fee. Their downside is that their rate fluctuates with market prices which can spike.
  • Prepaid plans let you pay ahead for your electricity. The upside is there's no credit check or long contract and you know how much electricity you can use. The downside is they tend to have a higher market rate which restricts the amount of electricity you can afford.
  • If you want to cut your carbon footprint and support clean green energy that helps the environment, 100% Renewable Energy plans are powered by wind and solar sources. These plans also use REC (Renewable Energy Credits) to offset 100% of the energy generated by non-green sources. Renewables now make up almost 1/3 of Texas generation. In fact, 100% green plans are highly competitive and are available as fixed or variable rates.

How to Choose the Best Plan

  • Know your usage. Do you use under 1000 kWh per month or over? Do you use less?
  • How long a plan do you need? If you only need a month, shop variable rate plans. Need more than a month then compare fixed rate plans.
  • Read the Plan's Energy Facts Label (EFL). EFLs list energy prices as well as monthly customer charges, TDU rates, termination fees, renewable content, plan length, and other details.
  • Read the Plan's Terms and Conditions. This is the fine print section that lists late fees, reconnection fees, and plan renewal details.
  • Compare plans head to head. Estimate your average monthly usage to calculate the total annual cost of the plan. No head for math? Use our Bill Estimator to do the job.
  • Read real customer reviews to see how providers rate.
  • Laredo Electricity Outage and Utility Information

    If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance

    Centerpoint Energy: 713-207-2222

    Oncor Energy: 888-313-4747

    AEP Central/AEP North: 866-223-8508

    TNMP: 888-866-7456

    Contact the Texas Public Utilities Commission with any other concerns:

    PUC Customer Protection, P.O. Austin, TX 787111-3326.

    Call 1-888-782-8477

    Email the PUCT at customer@puc.texas.gov

    Compare Laredo Electricity Rates for Business

    You have the power to choose your Commercial and Small Business Electricity Rates in Laredo. The Texas Electricity Rates commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.

    Laredo business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Laredo or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.

    Commercial Electricity Rates in Laredo

    Rates as of Sep 16, 2024 at 08:15 AM

    Renewable Energy Incentives in Laredo

    Renewable energy is more affordable than ever before. And Texas electricity consumers now have more ways that they can save money by supporting sustainable green energy sources.

    Residential Solar Panels. By far, one of the best ways to save money and support green energy is to invest in solar panels for your home. Federal tax credit programs make it easy for homeowners to reduce their income taxes when they install solar panels on their primary home. The tax credit can also cut the installation costs, putting this investment well within the reach of many homeowners.

    Residential solar owners can also take advantage of net metering programs to cut their costs when they sell their excess solar energy to the Texas grid. Only a few (about 15) retail energy providers offer this opportunity. These include:

    1. Gexa Energy
    2. Green Mountain Energy
    3. Just Energy
    4. Pulse Power
    5. Reliant
    6. TXU Energy

    For this reason, it's very important for consumers with residential solar to shop carefully for solar buyback plans.

    • Examine terms and rates for solar buyback plans. These vary from provider to provider.
    • Compare the rate you pay for importing electricity with the amount you are paid for your exported power.
    • Note the prices for the time of day when you import/export electricity.

    The four major Texas utilities do not offer rebates or net metering programs. However, they can help guide customers and installers about interconnection requirements.

    Of course, the easiest way to support green energy in Texas is to sign up with a renewable energy plan. For 20 years, Texas electricity companies have led the nation in renewable energy development. Now green sourced electricity is part of all retail plans. Renewable energy plans with 100% clean, green electricity are competitively priced and often beat out mixed fuel plans. In this way, electricity customers can not only shop the cheapest rates but also help support a cleaner and more sustainable environment.