Abilene electricity providers are not all created equally. If you live in Texas, chances are you have the power to choose your electric company. But comparing electricity rates can be confusing and time consuming. That’s why for over 10 years Vault Electricity has helped Texans pick from the confusing array of companies and plans available.
Here you will find all the resources you need to make an informed decision about your next electricity plan. A few minutes of research could help you dramatically decrease your energy bill.
If you have never shopped for electricity in Texas before, this page will give you a good feel for how the electricity market in Texas works.
If you are an old hat at this, or you’re in a hurry, simply enter your zip code and you will see a complete list of electricity providers and rates in Abilene. From there, you can compare rates and select the one that’s best for you. Sign-up online or over the phone in minutes.
Featured Plans From Abilene, Texas Electric Companies
When It’s Time to Renew Your Electricity Plan
Bookmark this page on your browser. When you start getting renewal notices from your current electricity provider, you’ll know your contract is about to expire. Companies usually begin sending out these reminders a couple of months before your expiration date.
The Texas electricity market as a whole might have moved up or down since you last locked in a rate. Regardless of whether the new rate you are being offered is better or worse than your current rate, you will want to come back here and see what the competition is offering. Electricity providers tend to take turns being the cheapest electricity rate available.
Chances are that, by the time your contract expires, someone else will have the better deal.
Top Electricity Plans From Each Provider
|Gexa||Saver Supreme 16||8.7¢/kWh|
|Cirro Energy||Smart Value 12 Online||10.1¢/kWh|
|4Change Energy||Budget Saver 12||9.9¢/kWh|
|Direct Energy||Veteran & Active Military 12||11.3¢/kWh|
|First Choice Power||You Got This 24||11.6¢/kWh|
|TXU||Savers Discount 12||15.3¢/kWh|
|Pennywise Power||Wise Buy 12||12.6¢/kWh|
|Green Mountain Energy||Pollution Free e-Plus 24 Preferred||14.2¢/kWh|
|Champion||Champ Saver 12||12.4¢/kWh|
|Reliant||Reliant Clear Flex||14.1¢/kWh|
|Gexa||Saver Supreme 36||8.7¢/kWh|
|Payless Power||SmarTricity Flex Saver||13.2¢/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 >>>
What Affects the Abilene Electricity Rates?
Because of the way most electricity plans are structured in Texas, you can never really predict exactly what your electricity rate will be from one month to the next. If a plan has a flat monthly billing charge included (most do) along with per kWh fees it will tend to make your electricity rate higher if you don’t usage as much for the month and lower if you use more power. If you think this sounds confusing, that’s because it is.
Here is one example of a Abilene electricity plan that was recently on the market. This plan was advertised as having an electricity rate of 8.1¢/kWh. While it’s true that your electricity rate would be 8.1¢/kWh if you use 2000 kWh per month, it’s also true that your electricity rate would be 10.1¢/kWh if you used 1999kWh for the month.
Here’s how that works. The plan’s documentation lists the following price structure.
- Energy Rate = 5.80 ¢ per kWh
- Base Charge = $7.95 per month
- TDU Electric Delivery Charge = $3.42 per month
- TDU Electric Delivery Charge = 3.697 ¢ per kWh
- Credit for Billing cycle for usage greater than 2000 kWh = $40 per month
The electricity rate for the plan at the three benchmark usage levels are:
- 11.8¢/kWh @500 kWh
- 10.6¢/kWh @1000 kWh
- 8.1¢/kWh @2000 kWh
The big drop in rate at the 2000 level is due almost entirely to the $40 credit that kicks in at 2000 kWh for the month. Fall 1 kWh short and your bill along with your electricity rate jumps.
There’s More to Know About Abilene Than Just Electricity Plans
According to 2017 census data, Abilene has a population upwards of 121,000. It currently sits as the 28th most populous city in Texas. In addition, Abilene is a part of Jones Country, which was named after Anson Jones, the fifth president of Texas. It is also a part of Taylor County. In comparison between both counties, Taylor holds the lion’s share of Abilene’s total population,because Abilene is its county seat.
Abilene is a part of what is colloquially called the Texas Midwest–an expanse of land comprised of 22 neighboring counties. And because of its geographical location and near proximity to the Texas and Pacific Railroads, Abilene was strategically formed as an important hub for shipping cattle. It was founded in 1881. After its great economic success and robust commercial infrastructure, it became the seat of Taylor county.
Currently, Abilene provides the highest percentage of jobs for the healthcare occupation. Retail trade, education, food services, and public administration hold the other majority positions in occupation per population. The unemployment rate is below the national average.
Dyess Air Force Base is nearest to Abilene and was formed in 1942 with the name Abilene Army Air Base; but the name was changed to pay homage to Lieutenant Colonel William Dyess. Before the base was built, the geographical region it now resides was buffeted by an F-4 tornado in what has been called one of the most extreme days in Abilene weather history. Fortunately, this happened many years prior, in 1909.
Why Have the Electricity Rates Dropped Over the Last Several Years?
With the second largest population and the second largest economy in the U.S., it’s no surprise that Texas generates a lot of electricity. Texas is, in fact, the largest producer of electricity in the country. With the exception of roof top solar, substantially all of the electricity in Abilene comes from the state’s self-contained electricity grid.
Most of the power that feeds the Texas electricity grid comes from natural gas fueled power plants. Today over half of all Texas electricity comes from natural gas. This is because natural gas is cheap, abundant and produced right here in Texas. The state leads the nation in natural gas production.
It may surprise many to know that the second biggest source of the electricity that powers Abilene and other parts of Texas is wind energy. Thanks to the thousands of wind turbines that span west Texas, the state produces more electricity from wind than any other state. Large transmission lines move this power to Abilene and every other part of Texas.
Other sources of electricity include coal (and ever dwindling source of electricity in Texas), nuclear, geothermal and solar. The production of solar electricity is expected to grow substantially over the coming years.
Are The Energy Facts Labels of the Abilene Electricity Plans Important?
Your box of cereal has a standard nutritional facts label on it. Every electricity plan marketed in Texas must have an Electricity Facts Label. Just like the nutrition label, it lets you know what’s in your electricity plan.
The EFL will contain the relevant information about the plan and will show you the formula that is used to calculate your electricity bill every month. Every plan marketed in Texas publishes average all-in rates for 500 kWH, 1000 kWh, and 2000 kWh of usage. The EFL will show you each of these average electricity rates.
It will break down the components of your electricity bill, so you can understand how the average rate is calculated.
It will list any bill credits or fees that kick in (or disappear) at certain monthly usage levels. The credits that appear or go away based on a narrow range of kWhs in usage can skew the published electricity rates to make a plan look much better on paper than it will in the real world.
You can also look in the EFL for any other fine print that comes along with the plan. Every plan listed on Vaultelectricity.com will have an EFL link.
Jobs at Abilene Electric Companies are Plentiful
Abilene has emerged as one of the leading wind-powered electricity generating locations in the state. While several of the farms are currently operating at full capacity, there are more farms that are not fully operational. Here is a list of some of the area’s completed wind farms:
EDP Renewables is a worldwide energy company, focusing exclusively on the generation of renewable electricity. Locally, they operate the Lone Star Wind Farm, which produces enough renewable electricity to power 88,000 Texas homes for an entire year.
Invest Energy Group is the operator of the nearby Horse Hollow Wind Energy, which has 421 turbines and can generate enough electricity to power 220,000 homes. In addition to the wind farms, Invest also generates renewable electricity from biogas, biomass and solar utility plants.
Call the Utility Company If the Electricity Goes Out at Your Home
AEP Utility Company Contact Information:
For power outages in Abilene Texas, please call AEP at 1-866-223-8508. To have underground lines located prior to digging in Abilene Texas, call 1-800-344-8377.
Smart Meter Information:
For information on the smart meter program in Abilene Texas, click here.