When Mineral Wells electricity providers compete to offer the best rates and plan features, you win. But only if you take the time to shop, compare electricity rates, and switch if another company offers a better rate than your current provider. At Vault Electricity our mission to give you everything you need to compare electricity rates from the electric companies offering service in your area.
Along with the power to choose, you will often find confusion. Smart shoppers know they can save big on their light bill. But with so many options available in Mineral Wells, consumers can easily become overwhelmed with choice. The temptation is to just pick the first electricity company that comes to mind or pick a name you may be familiar with.
Our free electricity rate comparison tool helps eliminate the confusion. We want to make it easy for you to pick the cheapest electricity rate available in the Mineral Wells.
Featured Electricity Rates In Mineral Wells, Texas
Electricity rates change often; sometimes daily. The cheapest electricity provider in Mineral Wells today may be the most expensive provider tomorrow. On top of that, plans that look attractive may sometimes turn out to cost you the most in the long run.
We work every day to weed out the over-cleaver plans that have fine print that make it practically impossible to actually get the rates advertised for the plan.
Our real time electricity rate comparison tool puts all of the information you need to compare electricity rates at your fingertips.
It’s free and easy to use. Give it a try!
Top Mineral Wells Electricity Rates From Each Provider
|Electric Company||Plan Name||Electricity Rate|
|BKV energy||The Lantana 15||14.6¢/kWh|
|Frontier Utilities||Frontier Saver Plus 24||11.2¢/kWh|
|Gexa||Gexa Eco Saver Plus 24||11.1¢/kWh|
|4Change Energy||Maxx Saver Select 24||11.1¢/kWh|
|Cirro Energy||Smart Simple 12||15.6¢/kWh|
|Trieagle||Sure Value 36||13.9¢/kWh|
|Direct Energy||Autopay Texas 12||16.3¢/kWh|
|Green Mountain Energy||Pollution Free e-Plus||17.4¢/kWh|
|TXU||Clear Deal 12||13.9¢/kWh|
|4Change Energy||Maxx Saver Select 12||11.1¢/kWh|
|Gexa||Gexa Eco Saver Lite 12||19.1¢/kWh|
|Express Energy||Flash 24||11.1¢/kWh|
|Veteran Energy||Veteran Energy Valor 36||15.1¢/kWh|
|Reliant||Reliant Power On 12||19.9¢/kWh|
|Payless Power||Rate Lock 12||18.3¢/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 >>>
Why It’s So Important To Compare Electricity Rates Often
Electricity rates in Mineral Wells, TX change a lot. There are a lot of things that play in to how electricity rates are set in Texas. Natural gas prices, for example, play a key role in how electricity is priced in Texas. This is because natural gas is still the most important single fuel for running power plants in Texas.
Weather also impacts electricity rates. Unseasonably hot or extremally cold temperatures can place heavier demand on the electric grid. Icy weather can also cause outages problems that reduce the supply of electricity available to the grid. This in turn can drive up wholesale electricity rates.
Generally, consumers don’t directly feel these short term movements in electricity rates. So long as you are on a fixed rate electricity plan, you aren’t going to see your rates change from day to day. But all of these, and many other factors affect how electricity providers price their fixed rate electricity plans.
Providers are always trying to win business by offering lower rates than their competition.
The Electricity Plan EFL – Is it Important?
Don’t settle on an energy plan until you have read the plan’s EFL. EFL stands for Electricity Facts Label. It is a required document and every plan sold in the Mineral Wells market must include one. The EFL for each plan is updated when rates are updated.
There is a link to the EFL for every plan listed here on Vault electricity.
Every EFL must contain a standard set of required information which includes the average electricity rate for homes that use 500, 1000, or 2000 kWhs per month. Depending on the pricing structure of the plan, there may be a wide range between these three rates. Be certain that you are looking at the usage level that is closest to the amount of electricity you expect to use.
If the rates among the three usage levels are very different, you might want to be careful of it. It might be a sign of a plan that has too many traps to avoid.
In the EFL you will also find the cancelation fees and the contract length of the plan.
Mineral Wells, Texas – More Than Just Cheap Electricity Companies
Mineral Wells, Texas has a population of 15,000. And it has fluctuated in growth over the years, declining more often than not in the past decade. The city gets its name from the mineral springs nearby the city. It is a lot cheaper to live in Mineral Wells than the rest of the country, and commute time is about 22 minutes. The nearest major cities around Mineral Wells are Fort Worth (45 miles) and Dallas (76 miles).
The Baker Hotel is the city’s most famous attraction; it is a historic icon that hearkens back to the inception of the mineral wells, and the push for a lucrative and luxurious spot for many to enjoy the benefits of the mineral springs. It was modeled after the same type of place in Hot Springs, Arkansas. It was shut down in 1972 though. The site is a registered historic site, and many believe it to be haunted.
The temperatures are in the upper U.S. averages during the summer, and far below average in snow accumulation during the winter. There are a lot of fires in the area, due to the dryness and heat of the summers.
What Is the Cheapest Electricity Provider in Mineral Wells?
No one company always has the cheapest electricity rates in Mineral Wells, TX. By the same token, no company always has the most expensive electricity rates. Electricity providers are constantly changing the rates they offer on their electricity plans. Also, these rates differ from one part of the state to the next, even within the same plan.
That’s why the best way to ensure you are getting the lowest rate on electricity is to compare providers and compare rates often. It’s obviously a smart idea to select the cheapest provider when you are moving to a new home.
But after the end of that contract, you shouldn’t just assume that company still has the cheapest rates in your city. We suggest you come back here at see who has the new best rate. There is a very good chance, it will be someone else. Switching electricity providers is a quick easy process. When you switch to a new provider, they will handle all of the logistics for you and you will not have any interruption in service. There’s really no reason not to switch to the new cheapest electricity provider and save money.
Power Company in Mineral Wells
TXU/Oncor Contact Information:
For power outages in Mineral Wells Texas, please call Oncor at 1-888-313-4747. To have underground lines located prior to digging in Mineral Wells Texas, call 1-800-344-8377. To view Mineral Wells Texas outage maps, click here.
Smart Meter Information:
For information on the smart meter program in Mineral Wells Texas, click here.