Month-to-month electricity FAQs
How much do you pay monthly for electricity in Texas?
According to our marketplace data, we estimate that Texans currently pay $175.11 per month for electricity. This bill was calculated using our average Texas electricity rate of 15.28 cents per kilowatt-hour (kWh) and the average monthly consumption of 1,146 kWh for Texas households from the Energy Information Administration (EIA).
What’s the cheapest type of electricity plan?
Our energy experts recommend fixed-rate plans for the most savings potential. Fixed-rate plans let you lock in an affordable rate and shelter you from market fluctuations. They are also the most common type of plan and tend to offer the cheapest rates.
Does TXU Energy require a deposit?
TXU Energy requires a deposit for some of its energy plans, depending on your credit score and payment history. However, it may waive the deposit if you have no history of delinquent payments and a high credit score. Energy deposits vary but typically equal two months’ worth of your estimated energy costs.
Do I need a month-to-month plan if I’m moving?
While month-to-month plans are convenient for those in transition, you actually can have a long-term contract even if you plan to move. Many providers will let you keep your current electricity plan if they service your new address. If your provider does not offer service at your new Texas address, you can cancel your plan without penalty.