Compare Texarkana electricity rates and save with the free Vault Electricity rate comparison tool. Did you know there are over a dozen electric companies competing right now to offer you the cheapest electricity rates?
These companies are constantly updating their rates and changing their plans to convince you to switch to them or choose them when you move to a new house. This is the beauty of a competitive marketplace.
Consumers in Texarkana, TX have the power to choose their electricity provider. This puts the power in the hands of the consumers and puts pressure on electric companies to keep electricity rates low and to innovate with new types of energy products.
While all of this is great for the people who live in Texarkana, it can sometimes be a bit overwhelming when it comes time to pick a light company.
Some people think it’s too much of a hassle.
Featured Electricity Rates In Texarkana, Texas
Comparing Electricity Rates in Texarkana – Is it Worth It?
They may not realize how much savings there is to be had. After all, 9¢ per kWh is only one cent cheaper than 10¢ per kWh. Besides, “What the heck is a kWh anyway?”
A large home in Texarkana can easily use 2000 kWh of electricity per month (sometimes a lot more). That one penny difference in price could represent a cost savings of $240 per year.
It’s typical for the difference in price between the cheapest electricity rate in Texarkana and the most expensive rate to be 5, 6, or even 7 cents per kWh.
Choosing the wrong electric provider or plan for your Texarkana home can easily cost you over $1,000 per year!
That’s why it’s so important to shop around for an electricity provider.
Top Texarkana Electricity Rates From Each Provider
|4Change Energy||Free Energy 12||6.9¢/kWh|
|Gexa||Saver Supreme 36||7.7¢/kWh|
|Cirro Energy||Smart Value 12 Online||8.5¢/kWh|
|4Change Energy||Budget Saver 12||7.9¢/kWh|
|Direct Energy||Veteran & Active Military 12||10.6¢/kWh|
|First Choice Power||You Got This 24||11.0¢/kWh|
|TXU||Clear Deal 12||10.9¢/kWh|
|4Change Energy||Maxx Saver 12||6.9¢/kWh|
|Green Mountain Energy||Pollution Free e-Plus 24 Preferred||12.8¢/kWh|
|Champion||Champ Saver 12||12.6¢/kWh|
|Reliant||Reliant Clear Flex||13.1¢/kWh|
|Gexa||Saver Supreme 16||8.1¢/kWh|
|Payless Power||SmarTricity Flex Saver||11.9¢/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 >>>
Tips for Comparing Texarkana Electricity Providers
There are a handful of things that make one Texarkana electricity provider different from the next. Here are a few:
- Electricity Rate – Rate is the most important reason to compare electricity providers. Electricity rates in Texarkana change a lot. Even within the same electric company, rates can be substantially different from one plan to the next. The savvy consumer will find a low rate plan from a trusted company and lock that rate in with at least a 12 month contract.
- Cancelation Fees – Expect any energy plan with a specific term length such as 12 or 24 months to have a cancelation fee. These will differ from one provider to the next.
- Billing Options – Sometimes you can get a better rate if you choose a plan that feature autopayment.
- Green Energy – Most providers offer at least one plan that features 100% renewable energy sources. In Texas, this mostly means wind power.
- Term Length – There are different contract lengths available in the market. They can range from 3 to 36 months with 12 month contracts being the most common length. 12 months is a term makes sense for most consumers. ‘ No contract’ or month-to-month plans are also available from most, if not all, electric providers. These tend to be at much higher rates than longer term contracts, however.
- Credit Requirements – Different companies have different credit requirements. Some are tougher than others. If your credit history doesn’t meet this threshold, you may be asked to pay a deposit.
What You Need to Know About Texarkana, Texas
This city lies within Bowie County, and as the name suggests, lies directly near to the Arkansas border. This intersection of Bowie County, Texas and Miller County, Arkansas comprises the Texarkana dynamic. Last checked the population was about 37,300 in total, making it the 88th largest city in the state. And speaking of the population, there are a large number of notable people from the Texarkana area: Michael Wacha, MLB pitcher for the STL Cardinals, grew up in the city, as well as Otis Williams, who was the founding member of The Temptations. For things to do while in the city, the Perot Theatre is close, the State Line is always an interesting place is visit to have one foot in two different states at the same time, and the Texarkana Farmer’s market is a great place to pick up some eats.
The cost of living for the city is about 20% lower than the rest of the country, according to recent data. The median household income is below the average threshold, but unemployment is low and the job market is robust. Currently, the top employers for the Texarkana workforce are the Red River Army Depot, Christus St. Michael Health Care, Cooper Tire & Rubber Company, Domtar, Walmart, International Paper, and many more.
Who Delivers the Texarkana Electricity?
The electricity provider you choose primarily effects two things: your electricity rate and the name on your bill. Nothing else changes about the way you get your electricity. A lot of people don’t realize that retail electricity providers in Texas don’t deliver the electricity they sell.
Companies called transmission and distribution utilities (TDUs) are tasked with delivering electricity within certain areas of Texas. Within the DFW area, for example, Oncor is the utility. Within the Houston area the TDU is Centerpoint.
The TDUs not only deliver the power but they maintain the electricity lines for your area. If your power goes out you will call Oncor, whatever TDU serves for your area.
This takes reliability of service out of the picture when you are selecting an electric company. This allows you to focus on finding the cheapest rate.
No Deposit Electricity Plans in Texarkana
If an electric company is telling you to pay a deposit to get your electricity turned on, there may be a better option for you.
Visit our No Deposit Electricity page or call 855-564-1181 for a no deposit electricity plan.
The Texarkana Utility Company is Oncor
TXU/Oncor Contact Information:
For power outages in Texarkana Texas, please call Oncor at 1-888-313-4747. To have underground lines located prior to digging in Texarkana Texas, call 1-800-344-8377. To view Texarkana Texas outage maps, click here.
Smart Meter Information:
For information on the smart meter program in Texarkana Texas, click here.