Here is what you need to know about Laredo electricity. If you aren’t comparing multiple electric providers, you are almost certainly paying too much for electricity. Here we have listed the largest and most respected names in Texas electricity. All provider plans are listed in one place for you to easily compare and choose the right plan for you.
If you are moving to Laredo don’t just automatically choose a name you are familiar with. Electric companies in Laredo tend to take turns at the top of our list for cheapest electricity rates. Chances are that brand name you are familiar with doesn’t have the cheapest electricity rate.
If you are shopping to switch to a cheaper electricity provider, congratulations. You are going to be happy you did. The switching process is fast, easy and seamless to you. Your new electricity provider will take care of the details of the switch. There will be no interruption in your service.
The only difference you will notice will be a different name on your electric bill and a cheaper electricity rate.
Featured Electricity Rates In Laredo, Texas
Laredo No Deposit Electricity Plans
If you have been asked to pay a deposit you cannot afford, you have a few options.
You can enroll in a plan with another electricity company. Providers set their own credit requirements. Some providers have easier credit standards than others.
You can apply to get a waiver from having to pay a deposit. The Texas PUC sets forth certain circumstances under which providers must wave their requirement for a deposit. They are:
- Letter of credit from most recent electricity provider
- Proof that you are 65 years of age or older and not currently delinquent in payment for another electric company
- Proof of medical indigency
- Proof you are a victim of family violence
Prepaid electricity plans are a great way to avoid having to pay a deposit. The plans allow you to get the power on with very little upfront. The money you do put up goes directly to paying for your electricity.
Top Laredo Electricity Rates From Each Provider
|Gexa||Saver Supreme 24||8.4¢/kWh|
|Gexa||Saver Supreme 12||8.5¢/kWh|
|Cirro Energy||Smart Value 12 Online||11.1¢/kWh|
|4Change Energy||Budget Saver 12||8.9¢/kWh|
|Direct Energy||Veteran & Active Military 12||11.5¢/kWh|
|First Choice Power||You Got This 24||12.3¢/kWh|
|TXU||Clear Deal 12||10.6¢/kWh|
|4Change Energy||Maxx Saver 12||7.9¢/kWh|
|Green Mountain Energy||Pollution Free e-Plus 24 Preferred||15.5¢/kWh|
|Champion||Champ Saver 12||15.6¢/kWh|
|Reliant||Reliant Clear Flex||14.5¢/kWh|
|4Change Energy||Easy Saver 12||8.5¢/kWh|
|Payless Power||SmarTricity Flex Saver||13.3¢/kWh|
For a more detailed realtime rate comparison enter your zip code at the top of the page. Our rate comparison tool lets you see all providers and rates. You can filter by term length, usage level, green energy plans, no deposit plans and get you them most up to date pricing. The rates listed above are for the 1,000 kWh usage level. More Information on any of these plans >>>
Who Delivers the Cheap Power To Laredo?
Deregulation of the Texas electricity market broke up existing monopolies in to separate entities with different roles within the market.
The two key types of company that are relevant to electricity consumers are the Retail Electricity Providers and the Transmission Distribution Utilities (TDUs)
Your retail electricity provider is the company whose name is one your bill. Assuming your area isn’t under a regional of city coop, you are free to choose your retail electricity provider. These companies have names you are familiar with such as TXU, Reliant, and Green Mountain Energy.
Retail electricity providers compete with each other for your business. Their job is to purchase electricity from the wholesale electricity market and resell it to the end users while, hopefully, smoothing out the price volatility that is often found in the wholesale electricity market.
When they sell you a 12 month electricity plan, they are locking in a rate for you while taking on the risk of price volitivity within the wholesale market. The retail electricity provider does not deliver your electricity.
Electricity in Texas is delivered to your home by Transmission Distribution Utilities (TDUs). TDUs maintain the powerlines within a given area and are responsible for keeping the power flowing.
The utility responsible for the Laredo area in Oncor. If you have a power outage, it is Oncor you should call.
Tips for Saving Even More on Your Electricity
Although they can run up your electric bill, air conditioning units are a must-have in Laredo. These energy-intensive appliances account for a large chuck of our monthly electricity usage for Texas homeowners. But it’s just a fact of life here.
Most people know it’s important to regularly change out the air filters, but it’s an easy chore to forget. Fresh filters make it easier for the a/c units to push the air throughout the home. This reduces the amount of electricity required to cool your home.
Luckily, the filters often cost less than a dollar and they can be swapped out in less than a minute. That little bit of money spent on a new filter can equate to big savings every month on your electric bill.
Do You Already Know This About Laredo?
Laredo is very close to the Mexican border, on the southern tip of the state of Texas. The nearest major Texas city is Corpus Christi, which is almost 130 miles away. San Antonio is about 145 miles away. But despite its remoteness from those major cities, its population is over 255,000. And because it is so close to the Mexican border, the populace is predominantly Hispanic. Some figures suggest upwards of 95%, meaning that it ranks extremely low on diversity for American cities (one of the least diverse).
One of the biggest celebrations of its kind is had in Laredo: George Washington’s Birthday Celebration, which has a Jalapeno Festival, Border Beer Fest, Princess Pocahontas Pageant, and many others for almost a month straight. There are upwards of 400,000 who attend the festival annually.
For living satisfaction, Laredo does relatively well. It is cheaper than the national average to live in the city: housing is cheapest. But there is a considerable tradeoff: hot climate, long commute time, being a long drive away from other major cities. But there are still things to do while in the city of course!
You can visit the San Augustin Plaza, the Mall del Norte, Republic of the Rio Grande Museum, and many other points of interest.
Finding Your Dream Job at Laredo, Texas Energy Companies
Laredo has become a prime example of how wind energy can make a positive impact on the local economy. In recent years, Laredo has made a name for itself in the electricity industry with the completion of several large wind farms. With the recent announcement of two more wind farms to be built in the area, the trend is accelerating. The wind farms not only create electricity, they also create jobs for Laredo Residents.
Xcel Energy is one of the largest electricity providers in the United States. They are currently building the Hale Wind Farm in the area, and are looking to hire qualified individuals to help in the endeavor.
American Made Solar & Wind Technologies is hoping to hire a reliable salesperson for their solar energy panel product line. In addition to the solar panel systems, they offer foam insulation that help make the buildings more energy efficient, lessening the customers’ reliance on grid electricity.
Howard Energy Partners offers infrastructure and services to the energy industry, from drilling platforms to transport. They are currently looking to hire mechanics in Laredo.
Greene’s Energy Group is a gas and oil well testing service company. They are in need of hiring several well test operators in Laredo.
Find the Cheapest Electricity For Apartments in Laredo
Make sure you are comparing rates at the usage level that is appropriate for where you live. In Laredo apartments 500 kWh is the appropriate usage level to be comparing. If you are looking at 1000 kWh pricing, you may find that the cost turns out to be more than you thought for your apartment light bill.
Avoid plans that have a large fixed cost component such as monthly base charges. These have a larger impact on your electricity rate if you use fewer kWhs.
Which Company Is the Cheapest Electricity Provider in Laredo?
The answer is that it’s probably not the same company that was the cheapest electricity provider in Laredo last month. Electricity providers are constantly updating their rates. The reality is that they often take turns having the lowest rates. The Texas energy market is very dynamic.
It’s true that there are companies that tend to have higher rates in general and companies that tend to have lower rates in general. But even the more expensive companies will often get more aggressive with their pricing to win more customers. This is not unlike retailers that sometimes run sales.
The only way to know who the cheapest electricity provider in Laredo is at any given time is to compare rates among all the providers and see where everyone stacks ups.
That’s why we constantly monitor Laredo electricity rates in real time to make sure our users never miss out on the great deals.
Compare Electricity Rates of Green Energy Plans In Laredo
If selecting a green energy plan is a priority for you, it will not be a problem finding what you are looking for. Included in the plans listed on Vault Electricity, you will find several 100% green energy plans from multiple providers. Thanks in large part to the falling price of wind power, electricity rates for renewable energy plans have gotten cheaper and are comparable in price to other plans.
The Power Company in Laredo
AEP Contact Information:
For power outages in Laredo Texas, please call AEP at 1-866-223-8508. To have underground lines located prior to digging in Laredo Texas, call 1-800-344-8377.
Smart Meter Information:
For information on the smart meter program in Laredo Texas, click here.