In the past few years, our clients have enjoyed very low rates: rates as low as the 3 cents per kWh! However, electricity rates in Texas are projected to significantly increase from 2018 throughout 2019 due to many reasons, which includes: an increase in electric demand, a decrease in electric supply, Texas’ 3rd coal generator being shut down near Vernon.
Renewing several months before your contract ends is highly recommended since rates are projected to increase throughout 2019. Being proactive and renewing early will reduce your electric bills by hundreds every year.