Compare the Cheapest Electricity Rates in Tyler, Texas
Looking to save BIG on your electric bills in Tyler, Texas? Then you should lock in low rates for the long term before temperatures really start to heat up. But what are the cheapest electric rates in Tyler? Hey, it’s easy to shop for the best electricity rate! Let us show you the 5 cheapest plans out there right now.
Cheap Electricity Plans with Bill Credits
The Best Value 12 from Frontier Utilities has an energy rate of 9.4 cents per kWh. There’s also a $75 bill credit for energy use between 1000 – 1500 kWh. After you add in the standard TDU charges, and the bill credit, the average electric rate for 1000 kWh of use is just 5.7 cents per kWh.
The early termination fee for leaving the plan early is $150. So, you’ll want to stay the full term to avoid paying that.
Cheapest Long-Term Electricity Plans in Tyler
Competition is fierce for the best electric rates in Tyler! All three of the following plans offer the same bill credit amount as way to get the same low rate.
Power of Credit 12 from New Power Texas has an energy charge of 11.39 cents per kWh. After using 1000 kWh, you’ll receive a $95 bill credit. With the bill credit and the standard TDU charges, the average rate for electricity on this plan is 5.7 cents per kWh for 1000 kWh of use.
Texas Saver 12 from Pulse Power offers an electricity charge of 11.39 cents per kWh. You’ll also receive a bill credit of $95 after 1000 kWh of use. When you add in the TDU charges and that bill credit, the average rate for electricity comes to 5.7 cents per kWh for 1000 kWh of use.
Power of Credit 24 from New Power Texas has an energy charge of 11.49 cents per kWh. After using 1000 kWh, you’ll receive a $95 bill credit. And your average rate for electricity with the bill credit and TDU charges included is 5.7 cents per kWh for 1000 kWh of use.
All three of these plans also have early termination fees of $125 that you should consider before switching to a new plan prematurely.
Cheapest Electric Rates From a Top-Rated Provider
Gexa Energy’s Gexa Saver Deluxe 12 has an energy charge of 12 cents per kWh. You also receive a $100 bill credit after 1000 kWh of use. After adding in the TDU charges and that bill credit, your average electric rate for 1000 kWh of use is 5.8 cents per kWh.
There is a steep early termination fee of $150. However, this product is 100% renewable, making it a cheap option for green electricity in Texas.
Cheapest Electricity for Small Homes in Tyler
If you live in a small home or apartment and don’t regularly use 1000 kWh of electricity, then these bill credit options won’t be the cheapest plans for you. Instead, you’ll want a plan that offers straightforward, low rates.
Spark Energy Choice 15 from Spark Energy has a low energy charge of 5.85 cents per kWh. Once you add in the standard TDU charges, your average rate for electricity will come to 9.6 cents per kWh for 1000 kWh of usage and it’s only 10.1 cents per kWh for 500 kWh of usage. Plus, it comes with a really cheap early termination fee of $100 if you leave the contract before it ends.
What Happens at the End of Your Electricity Contract?
All of these plans will move you to a variable rate, default product at the end of your contract. Because these are month-to-month rates, they’re often higher than other electric plans. That’s why it’s best to shop for cheap electric rates in Tyler before your contract ends.
Shop for Cheaper Electric in Tyler
You’ve got the power to choose the cheapest electric rates in Tyler. But there are dozens of plans out there, and they’re always changing. So, how do you find the cheapest rates for your home?
Visit https://www.texaselectricityratings.com and check out the latest tricks and the best tools to make finding a new electric plans easier in Tyler. Don’t wait. Start saving on your electric bills today!