Texas Electric: Fees Associated with Switching Energy Companies

by admin on May 19, 2010

Now that many Texas residents can choose their energy supplier, switching can cause some anxiety – especially if you don’t know how much it’s going to cost and/or how much. To help ease your mind a little, following are some fees associated with switching that you may not be aware of.

Click here to compare Texas Electricity Rates

Question: Is there a fee to switch electric companies?

Answer: No, there’s technically no fee to switch.

HOWEVER, there are a couple of charges you could encounter in the switching process that you should know about, ie:

Special Meter Reading: If you want to have your meter read before you switch from your current energy supplier – and it falls outside the timeframe of your regularly scheduled meter reading – you will be charged a fee. As your current Texas electric company about this and how much it is.

Breaking Existing Contract: If you currently have a contract with your electric company, you may have to pay penalties for breaking it. Read the Terms of Service agreement of your current contract and/or call your current Texas electric company to find out how much it’s going to cost.

Make the Most of Switching

When you’re doing your research on switching Texas electric companies, avoid prepaid electric service plans. Why? Because they can cost double or triple what you may be currently paying.

Keep in mind that many Texas energy providers offer budget-conscious options like the LITE-UP Texas Program. This program offers discounts to customers during five of the most high-energy use months of the year (May through September).

It is important to do a Texas electricity company comparison among several electricity companies. Pay attention to the rate, plan, and length of term when comparing and making an electric service decision to order or switch.

Ask the company(ies) you’re thinking about switching to if they have this program or others like it you may qualify for.

Click here to do a Texas Electricity Rate Comparison

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