The cheapest electricity rates in Tyler are found here. Vault Electricity is not an electricity provider. We are your one stop shop for all of the trusted electricity brands in Texas. Did you know that there are dozens of electric companies that offer electric service in Tyler? Many of these providers offer questionable electricity plans that promise one rate but deliver something much more expensive. Also, many of these companies pop up overnight and are in business for only a short time
Power to choose has been a boon to the Texas electricity consumer. It can also be a mine field with some shady business practices and shady offerings.
That’s where we come in. Vault Electricity offers this free electricity rate comparison service to consumers to not only find the lowest rate electricity in Tyler but also to avoid being take advantage of.
We offer plans from all of the largest and most trusted names in Texas electricity. We screen plans for appropriateness before listing them on our website to protect the consumers who use our service.
- Compare plans
- Select the plan that fits your needs
- Enroll online or over the phone
Featured Electricity Rates In Tyler, Texas
What Should I Do as My Electricity Plan Is Nearing Expiration?
Sometime near the end of your current plan, your electricity provider will likely contact you with an offer for a new plan once your current plan expires. This new plan may have a better or worse electricity rate depending on what the market as a whole is doing and how aggressive the provider is currently being with their own pricing.
Either way, you should compare this offer with other plans being offered by other electricity providers. There is a good chance you will find a better rate with another provider. If you do find a better rate elsewhere, you can usually enroll in a new plan with a start date as much 60 days in the future. When the switch date arrives, your new provider will handle the switch. There is no need to contact your current provider.
Top Tyler Electricity Rates From Each Provider
|4Change Energy||Maxx Saver 12||6.5¢/kWh|
|Gexa||Saver Supreme 36||6.7¢/kWh|
|Cirro Energy||Smart Value 12 Online||8.5¢/kWh|
|4Change Energy||Budget Saver 12||7.1¢/kWh|
|Direct Energy||Veteran & Active Military 12||9.9¢/kWh|
|First Choice Power||You Got This 24||10.7¢/kWh|
|TXU||Clear Deal 12||9.9¢/kWh|
|4Change Energy||Free Energy 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 24||7.3¢/kWh|
|Payless Power||SmarTricity Flex Saver||12.1¢/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 Do Tyler Electric Companies Run Credit Checks?
Like any other company that sells a product, electric providers must pay for the electricity they resell to consumers. Even if someone fails to pay their bill to the electric provider, the company must still pay the producers of the electricity.
Producers of electricity such as power plants and wind turbine operators sell the power they produce in the wholesale market. Retail electricity providers such as TXU buy this power and resell it to their customers. Their profit margins can be surprisingly slim.
If a customer fails to pay their electric bill TXU has to eat the cost of the electricity they provided. Companies run credit checks as a way of determining the likelihood that people will pay their bills. If they determine someone to be a greater risk of default, they will as for a deposit to protect themselves from lose.
Relocating to Tyler?
Named after the tenth U.S. President, John Tyler, the city of Tyler ranks as the 35th most populous city in Texas. There are about 105,000 people in the city, and Tyler is the seat of Smith County. It is statistically the leading economic center in Smith County. On the map it is far from any other major cities, being 87 miles from Garland and 93 miles from Tyler. It is nicknamed “Rose City” due to its extensive history with the flower and its budding reputation as having the largest rose garden in the entire country. Tyler was founded in 1846.
Some more interesting facts for the city of Tyler include: The Adopt-a-Highway program started in Tyler, they throw an annual Rose Festival in the city, the educational institutions in the city boast 20,000 plus students collectively, and their Caldwell Zoo is home to more than 2,000 animals.
The economy of Tyler is largely driven by the aforementioned roses, indeed, but even more so by manufacturing, the Brookshire Grocery Company (which has its headquarters in Tyler, and others. Some of the biggest employers in the city are: Trinity Mother Frances Health System. Trane, Tyler ISD, SuddenLink, University of Texas at Tyler, and Tyler Junior College.
Sources of Tyler Electricity
Most electricity in Tyler comes from natural gas. It is cheap, abundant and ideal for fueling the power plants that generate electricity for the Texas electric grid.
Wind energy has been the fasted growing source of new electricity generation for the past 10 years. Government subsidies have encouraged investment in wind power while technology has steadily brought down the cost.
Although natural gas and wind have become the predominate sources of electricity in Texas, coal still contributes substantially to the generation of electricity in the state. Texas is the largest producer of CO2 and sulfur dioxide from coal in the country. This comes almost entirely from the states coal burning power plants. About 40% of the coal consumed in Texas is mined within the state’s boarders.
Coal is feeling the pressure from cheaper and cleaner sources of fuel such as natural gas and wind energy. In the future, less and less of the electricity consumed in Tyler will be sourced from coal.
Tyler Electricity Providers
Tyler Energy Companies Are Looking to Hire
The number of energy companies in Tyler has exploded in the last 10 years. With the abundance of natural gas and oil in the area, companies have sprung up left and right to cater to the drilling and transportation of energy. Even if you have no experience in energy related endeavors, you can have your pick between the many energy companies looking to hire.
Key Energy Services assists all facets of drilling and production wells. A publicly traded energy company, Key offers its employees the entire gambit of benefits. They are currently hiring in Tyler for several departments.
Legend Energy Services is a key player in the hydraulic fracturing process known as fracking. With fracking as the mainstay of east Texas energy drilling, Legend is growing by leaps and bounds. Currently hiring for a stimulation services engineer trainee.
Greenlife Technologies is a solar energy installation company. As households and businesses are looking to reduce their electricity expenses, solar panels are gaining in popularity. With costs dropping and incentives rising, the solar panel industry is taking off. Currently looking to hire an outside sales team in Tyler.
Texas Responsibility Energy has been installing solar panels in Tyler for almost 10 years, helping hundreds of families lower their electricity bills. In addition to solar panels, they also have wind energy options for homes and businesses.
Tyler Electricity Plans – What the EFLs Tell Us
Before you choose an electricity plan, you should always read the plan’s EFL. EFL stands for Electricity Facts Label and every plan sold in the Texas retail market includes one. The EFL for each plan is updated when rates are updated.
You will find a link to the EFL for every plan listed on Vault electricity.
Every EFL must include certain components such as the average electricity rate for 500, 1000, and 2000 kWhs. Depending on how the plan is structured these 3 rates can be dramatically different. It is important to make sure that you are looking at the usage level that represents the amount of electricity you expect to use.
If the rates among the 3 usage levels are very different, it might be a red flag that this is a plan that could be problematic.
In the EFL you will also find the cancelation fees and the contract length of the plan.
Electricity In Tyler TX With No Deposit
It is very common to be asked for a deposit based on the results of the credit check that most electricity providers run during the enrollment process. There are certain state mandated circumstances in which you may qualified to be exempt from having to pay a deposit. There is more on that below.
If you don’t fall into one of the categories of exemption defined by the Texas PUC, you may still be able to get your lights on quickly with no deposit necessary.
A prepaid electricity plan lets you pay as little as $30 up front to get your power turned on. This is not a deposit. This money goes into your account and begins paying for your electricity immediately. This means no credit check and often same day electricity. To read more about this, visit our no deposit electricity page or call 855-564-1181.
Deposit exemption categories :
- People in recent good standing with another electricity provider
- People who are medically indigent
- People over 65 who are not behind on payment with another electricity provider
- Victims of medical violence
If you fall into any of these categories, you can provide proof to the electricity provider and receive electricity with no deposit.
The Tyler Utility Company is Oncor Electric
TXU/Oncor Contact Information:
For power outages in Tyler Texas, please call Oncor at 1-888-313-4747. To have underground lines located prior to digging in Tyler Texas, call 1-800-344-8377. To view Tyler Texas outage maps, click here.
Smart Meter Information:
For information on the smart meter program in Tyler Texas, click here.