Temple electricity rates

Temple, Texas, features a deregulated electricity market, which gives residents and businesses the power to choose their electricity provider and rates. If you live in Temple or run a business in the city, you can choose from fixed-rate, variable-rate, no-deposit, and green energy plans based on your energy needs.

When you set out to compare energy companies in Temple, it’s challenging to know where to start. The Choose Texas Power marketplace helps you eliminate the guesswork of comparing plans and providers. Enter your ZIP code to find the best electricity rates near you.

Power to choose Temple

If you’re unfamiliar with energy deregulation, it may sound like a confusing concept. The important benefit of deregulation is that it opens up the local energy market to competition among providers and gives you the power to choose your own rates and plans. Once you know how to navigate it, deregulation can save you big on Temple electricity rates.

Temple electric companies

Texas deregulated its energy market over two decades ago. Since then, customers in most of the state, including residents and businesses in Temple, have been able to choose their own energy providers.

The energy provider you choose in Temple will supply the energy that powers your home. Choose Texas Power can help you find the right plan for your needs.  We partner with the best electric companies near you, including TXU Energy, Gexa Energy, Constellation, Frontier Utilities, and Reliant Energy.

While you can choose your own energy provider, you can’t choose your utility company. as it’s based on your location. Oncor Electric Delivery is the utility company for Temple. Oncor will deliver your electricity and maintain the local electric infrastructure and power lines. If you experience a power outage, you should contact Oncor to get it corrected, regardless of where you buy your electricity.

Types of Temple electric plans

When you sign up for your electricity plan, you don’t just get to choose your electric company in Temple. You can also choose the type of plan you want, such as:

1. Fixed-rate plans: A fixed-rate energy plan allows you to lock in your rate with a contract for 12, 24, or 36 months. Your rate won’t fluctuate during that time, and you won’t experience price increases. However, you won’t benefit from savings when rates are low if you’re locked in a contract. You’ll also have to pay an early termination fee (ETF) if you end your plan before the contract expires.
2. Variable-rate plans: A variable-rate energy plan allows you to avoid a contract, meaning you can switch plans anytime you wish, and your rate will fluctuate with the market. Your energy rate may drop during some months, and you’ll save money. During other months, your rate and electricity bill may spike.
3. No-deposit plans: Depending on your credit score, you may be required to pay a deposit when you sign up for your energy plan. Luckily, some providers offer no-deposit energy plans, which allow you to prepay for electricity as you go and avoid the deposit and credit check entirely.

Temple electric rates in my area

Due to different transmission charges, electricity rates can vary by location. The rate you pay your energy provider in Temple could differ from what someone pays in another part of the state, even for the same plan. As a result, it’s important to search for electricity rates in your area. Enter your ZIP code to see accurate energy rates near you.

Temple commercial electricity rates

Residents are not the only ones who can choose their own light companies in Temple. Businesses can also shop around for electricity to save money. Choose Texas Power can help you compare commercial energy plans and find the right plan for you. Get in touch with one of our energy experts today to start building your customized commercial energy plan.

Green energy plans in Temple

Texas is a leader in green energy across the country, ranking near the top of all states for both wind and solar energy production. As a result, there are plenty of affordable green energy plans available from electricity providers in Temple.

Each energy plan in Texas includes a percentage of green energy. You can find out exactly how much in your plan’s Electricity Facts Label (EFL). Many Temple electricity providers continue to increase the portion of green energy available in their plans.

A few providers even specialize in offering 100% green energy plans for those who want to reduce their carbon footprint. Check out plans from Gexa Energy for more information about these options.

Are you moving to Temple?

Temple is a moderate-sized city in central Texas between Austin and Dallas. The city has plenty to offer its residents, including wineries, outdoor recreation, and heritage sites. If you’re moving to Temple, you may need to shop around for a new energy provider to find a plan that fits your new home and budget. To find cheap electricity plans, enter your new ZIP code. 

Temple energy FAQs

Which provider has the cheapest electricity rates in Temple?

Temple electricity provider rates vary from month to month, and the cheapest rate can change at any time. Flagship Power offers some of the best electricity rates in Temple right now.

Where can I compare Temple electricity rates?

Use our marketplace to compare electric rates in Temple quickly and easily. We also offer a filtering tool to narrow your search based on providers, green energy rates, and more. 

What is the average electric bill in Temple?

Texas residents currently pay an average electricity bill of $155.13 per month. Given that rates and electricity usage fluctuate throughout the year, this average can change monthly. Use the Choose Texas Power marketplace to find cheap electricity in Temple right now. 

How can I lower my electricity bill in Temple?

There are numerous ways to lower your energy bill. You can do simple tasks, such as switching to LED lightbulbs, sealing doors, having your air conditioner serviced, and adjusting your thermostat by 7–10 degrees when you leave for prolonged periods. You can also switch plans and use our marketplace to find a light company in Temple with a lower rate. 

What is the best energy provider in Temple?

There isn’t one energy company that’s best for everyone. The optimal plan for you depends on your budget, the type of plan you want, your green energy preferences, and more. Once you enter your ZIP code, you can explore different providers and choose the best one for your needs.