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How to Lower Your Electricity Bill in Less than 5 Minutes

Let’s face it. As Texans, we know how hot and humid it can get in the summer. And, it seems like every summer there’s record-breaking heat. However, that doesn’t mean we need to break personal records on our summertime energy bills.

Did you know that there is a simple way to lower your electricity bill and that you can do it in less than 5 minutes? When asked to name the best ways to cut energy bills, the same tried-and-true answers pop up: Turn off unused appliances, install high-efficiency light bulbs and buy energy-efficient appliances. These are all good ideas and will indeed help you trim your bills. But they all have two things in common — they all require continued vigilance or upfront costs.

Sure, you can leave post-it notes reminding you to turn off the lights that aren’t needed, and you can even replace the light bulbs in your home with energy-efficient ones. However, there is an even easier way to lower your utility bill — you can lower your rate. In fact, you can reduce your electricity bill by 30% next month and every month after that.

Compare electricity rates in Texas

It’s easy to see why so many people are flocking to move to Texas and staying here. After all, we have amazing barbecue options, no income tax, awesome sports teams and the power to choose an electrical service provider. Electricity deregulation was approved by the Texas Senate in 2002, which gave consumers the option to select or switch to new electricity providers in Texas.

So what does this mean for you, the consumer? Do you have a different set of power lines? No. When you choose a different electricity provider in Texas, the electricity still comes down the same power lines into your house. So, if there is an outage, you still call the same number for repairs, and it’s the same repair crews that would do the work.

Of course, the big thing, and the one that every customer loves is electricity rates change. The cost you pay for electricity – or really anything else for that matter – is a function of a very simple equation: Usage times Rate.

Which brings us to our main inquiry: How can you lower your electricity bill in less than 5 minutes? You can compare electricity rates by the city in Texas. You can browse residential electricity rates and choose the right package for your needs. As stated earlier, power usage is calculated by the amount of power used and also by the time in which you use it. Compare rates the providers charge for kWh and make your decision. You can make the switch directly on our site, and the whole process takes less than 5 minutes!

Vault Electricity works with dozens of the top electric companies in Texas so that our clients can find the lowest electricity rates. Choose from a variety of options, including 100% renewable energy plans. Did you know that our commercial clients can obtain rates that are up to 65% less than what they’re currently paying? It’s true. Businesses and commercial users can call us for more information.

Five simple ways to lower your electricity bill

While switching to a new provider with lower electricity rates is one of the best ways to save money on your electricity bil, you can save even more money on your bill by implementing these simple practices.

  • Seal up cracks and leaks in the house. One article from Consumer Reports said that sealing leaks around the doors and windows can reduce energy costs by 15 to 30%. Spring into action: Find ways to weather-strip and/or seal the cracks around your windows to keep heat in.
  • Turn on ceiling fans. We love to use our AC just as much as the next person; however, the final bill can be a doozy. Ceiling fans or portable fans are great to have—just make sure to unplug your portable fan when not in use! Also, when the AC is on, let the fans circulate the cold air. Of course, you can turn off the AC and save hundreds of dollars per year, too.
  • Use cold water to wash laundry. Did you know that about 75% of the energy required to do one load of laundry goes into heating the water? When you wash with cold water instead of hot, you can save up to $150. Use cold water detergents when you can, too.
  • Hang-dry clothing. Speaking of doing your laundry, line-drying your clothes can reduce your daily electricity costs, too. We get it, we’re in Texas, and there are always allergens in the air. If you’ve got a spare room or don’t mind having clothes hanging around, dry them indoors.
  • Use a programmable thermostat. Do you leave the AC on even when you’re out and about? Having a programmable thermostat allows you to program your AC so it comes out a few moments you before you come home from or turn it off after you leave for work or errands. You can save upwards of 30% on your bill!

These are just a few easy ways to lower your electricity bill. When you switch to a new provider and apply some of these simple tasks, you’ll be able to enjoy some extra savings to spend on ice cream or whatever else keeps you cool.

What to Do If Your Power Goes Out

We’ve been experiencing extreme weather events lately, including an onslaught of storms that have been knocking out electrical power. Winter can be an especially hard time to deal with a power outage, especially if your home relies on electrical power for heat.

When the power has unexpectedly gone out, there’s no need to panic. You can do a lot of things to prepare, and keep your family safe and warm during and after a winter power outage.

Preparing before a power outage

The weather is unpredictable. You need a good energy plan. You also need to be prepared so that you can keep your home from turning into a freezer during an electrical power outage. The good news is that you can do something about it right now.

  • Buy some flashlights, invest in a battery-operated radio and make sure that you’ve got plenty of batteries. Another handy device you’ll want is a 3-in-1 hand crank radio, flashlight and phone charger. Store these items in a place that’s easy to get to and be sure to check them periodically.
  • Stock up on bottled water.
  • Insulate your home before the cold season arrives. Caulking and weather-stripping doors and windows can prevent freezing drafts from entering.
  • Power outages can be lengthy. It’s a good idea to have other heating equipment, such as a wood-burning stove. Be sure to have plenty of firewood and fuel on hand and have it located in a well-ventilated space. It’s also a smart idea to have a wood chimney cleaned and inspected before winter. The warmest room in the house is where your family will want to gather and weather the storm.
  • Invest in some candles and stock up on matchbooks so that you can still have light. Since you’re going to want to stay warm, move all your activities to one room. It doesn’t hurt to have a deck of cards on hand so you and your family can pass the time and stay entertained.

What to do during a power outage

Okay, so the lights are out, and you’ve got everyone at home. Now it’s time to keep them safe. You’re prepared and ready to weather the winter storm and ride out the electrical power outage like a team of champs.

  • Conserve the heat inside your home. An excellent technique to keep the heat from escaping is to roll up a towel and place it at the base of the door. You’ll also want to gather up some blankets and hang them over the door for an added layer of protection from the cold.
  • Did you just go grocery shopping? Don’t worry, the food in your refrigerator can stay cold and is safe to eat for up to 4 hours. Frozen food can last for 24 and up to 48 hours (depending on how densely packed the freezer is).
  • If you have a portable gas generator, never run it inside the garage, house or in an enclosed area.
  • Remember all that firewood you gathered? It’s time to fire up the fireplace! Try not to use all the firewood too quickly — conserve wood by burning it in intervals, and let the room cool between fires.
  • Turn off computers, TV and other electronics to avoid a power surge once the electrical power returns. You’ll want to leave at least one light on — that way, you’ll know that the power is back on. Once your electricity is up and running again, make turning off unused electrical devices a part of your energy plan routine.
  • There’s no doubt that a winter power outage can be stressful. For seniors, the stress level is higher and can even be deadly. Make sure any elderly or disabled person is dressed warm, covered up well or kept near the fire.
  • If you have a tent, consider putting it up inside your home (if you have enough space). A tent adds another layer to protect you from the cold air. Plus, depending on how many loved ones you have around, being in a tent makes it easier to capture body heat and stay warm.

What to do after a power outage

Harsh weather can do more than create a loss of electrical power in your neighborhood. Heavy winds and downpours can cause significant damage. For this reason, you’ll want to be extra cautious if you need to venture outdoors.

  • If possible, wait until the day to go outside. You’ll want to assess the damage before you go too far. A harsh winter storm can knock down electrical wires, and you may not be able to spot them. It’s best to assume a downed line is live, which is highly dangerous.
  • Be a good neighbor and check in to make sure they’re safe.

You’ll feel a lot better knowing how to keep your family safe and warm when the harsh, unpredictable weather arrives. Plus, knowing how to conserve heat can also be an essential part of your winter energy plan so that you can lower your winter energy bill.

Things For Apartment Renters To Consider

Congratulations! You found a great apartment to rent. You did the walk-through with your landlord, and you’re ready to pack and unpack, get situated, turn on the TV and relax. But wait. First, you need to pick an electric service provider so you can turn on the lights, refrigerator and your TV.Texas Electricity Rate Snapshot

The good news is that the electricity rates in Texas are at historic lows, and there are lots of ways to lock in a great deal, no matter what your lease term may be. Lock in one of those excellent residential electricity rates that are being offered by the wide variety of service providers and enjoy your new digs. Below are some tips to consider.

Compare Electricity Plans

Electricity rates will vary by how much energy you consume. Yes, you can manage your electricity use and keep those utility bill surprises to a minimum. We have some tips to help you achieve these goals, and we’ll get to that a little later. First, you’ll want to compare electricity plans. You may have a short-term lease, or maybe you’re only renting a place until you can find a better home to rent. Either way, there are some options you’ll want to consider.

So, what if you plan to end the lease before its time? For instance, you may have locked in a rate for 12 months that’s going to save you money, but there are only 11 months left on your lease. For a situation like this, you’ll want to find a service provider that doesn’t punish you with early termination fees. After all, early termination fees are anywhere from $150 – $250, and I’m sure you’d rather spend that kind of money on something fun.

You can avoid having to pay a fee by choosing the right strategy. Do you go with a variable or fixed rate? Do you want a provider offering a pro-rated early termination fee?

Current variable residential electricity rates are hovering at about 35% higher than a fixed price. Variable rate plans allow electricity rates to change from month to month based on how the market fluctuates. If you choose a variable rate, you’re going to pay a different amount every month.

If you plan to rent an apartment for a year or more, a locked-in rate, or fixed rate, can protect you from fluctuating energy prices because your electricity rates stay at one price for the entire time of the plan. With Texas electric rates so low, this might be a good plan for you.

The next option you have is one that we often recommend: a pro-rated early termination fee. With a pro-rated rate, you can choose a service provider that charges you on the remaining months of your contract. Typically, it’s around $20 per remaining month. Pro-rated is a great option for locking in those low Texas electric rates and keeping it that way. So, if you have to break the lease, you can pay about $20 to break the contract, rather than a much higher charge you might get from other service providers.

Tips to Keep Residential Electricity Rates Low

Texas electric rates are low, but that doesn’t mean that we shouldn’t find ways to conserve energy. Let’s face it: Electricity rates can change quickly. Factor in seasonal temperature changes, such as our hot and humid summers and cold winters, and you’ll see the costs go up and down.

We’ve got some tips you should know to keep your electric bill at a reasonable cost. In fact, you can make the apartment you’re renting more energy efficient, and still enjoy all the things you love to do.

Examine the appliances: How old are the appliances in your rental? Are they energy efficient, green appliances? A simple way to find out is to look for an ENERGY STAR® compliant sticker. Don’t worry, they’re super easy to spot! Of course, you can always ask your landlord to upgrade and replace old, energy-hogging appliances. Also, remember that microwaves are great for reheating food — no need to turn on the stove.

Insulation: Apartment renters that use electricity to heat their home will discover that the heater accounts for about 50% of the power you use. When you’ve got a well-insulated apartment, you can keep the heat indoors. It’s also a great idea to seal up any air drafts coming through windows, doors and outlets.

Unplug unused devices: Sounds simple enough. Have you ever counted how many consumer electric devices you have? Some homes may have up to 40 electrical devices or more, and even when they aren’t turned on, they can keep affecting residential electricity rates. The thing is, many of us don’t think about unplugging our toaster and consumer devices. You can leave post-it notes around your house as a friendly reminder.

LED bulbs: This is an excellent time to replace incandescent light bulbs to LEDs. They can not only help you keep electricity rates low, but ENERGY STAR LEDs can also last up to 15x longer, so you save money that way, too!

How to Get Electricity With No Credit Check or Deposit Required

You can get a great electricity rate from Texas’s cheapest electricity supplier and the flexibility you need with a no credit check, no deposit electricity plan. You work hard for your money, so why would you want hundreds of dollars sitting where you can’t get to it? Starting or switching to a new electricity plan with no deposit has never been easier.

The Standard Electric Plan Start-Up

Before no credit check, no deposit electricity plans were popular, starting or switching to a new plan was a lengthy, often expensive process. You’d have to call or visit your prospective provider to fill out an application. They’d run a credit check and either refuse service or approve you with a deposit. Then you’d have to run to the bank or ATM, get cash, visit a payment station, get a reference number, call your prospective provider back, give them the number, hope they found your payment in your system, then finally, if nothing went wrong, you could schedule a connection date.

What Could Lead To A Deposit?

Without no deposit, no credit check electricity plans, your deposit would be assigned based on two factors, and could add up to hundreds of dollars. In determining your deposit, electric companies would look at your history of payments and your credit report. If there was a negative mark on either, such as if you’d lost a job or had an unexpected emergency that forced your payment to be late, then you had to pay before you even had service.

Electricity With No Deposit And No Credit Check

Our process is simple, and you can switch or start new service in your pajamas from the comfort of your own home. Find the right no-deposit plan on our website where you can compare plans side by side to find the cheapest electricity supplier for your needs, then let us know your choice. We’ll start the process of moving you to your new prepaid electricity plan.

Prepaid electricity puts you in control from the very start. Rather than paying a deposit then getting your electricity bill at the end of your billing cycle with no idea what will be on it, you’ll get started with no credit check, no deposit electricity service, just an initial payment for the electricity you’re going to use. Making your initial payment to fund your balance is easy and we’ll make sure you get switched over right away. Your service is paid from your prepaid balance, so there are no end-of month-surprises.

Why Texans Choose Prepaid Electricity

Many people find that plans that don’t require deposits or credit checks are the right way to get their electric service on their own terms. Some of the most popular reasons our customers have reported they choose and love prepaid electric plans.

  • No Credit Check – Many people don’t know that their credit report doesn’t just show loans and credit cards. It also shows anytime a credit report is requested, and the number of those requests or checks can lower your credit score. Too many requests can have a negative impact on credit decisions made when approving you for a mortgage, car loan, or even a job. This can lead to credit denials and higher interest rates. No deposit, no credit check electricity service protects your credit report, shielding it from unnecessary inquiries.
  • No Deposit – When you pay a deposit, do you know what happens to it? Rather than having access to that money to spend or invest, it’s given to another company that then uses it for their own expenses, investments, or to generate interest. Depending on their rules, you may get your money back after a specified amount of time, at the end of your service arrangement with them, or possibly not at all once they deduct fees and charges. No deposit, no credit check electricity keeps your money where it belongs: with you.
  • Flexible Payment Dates – Even with the cheapest electricity supplier in Texas, you may not want a single, large payment due every month. One of the prime benefits of prepaid electricity is that it puts you in control of your bills and finances. You have full access to your account to make payments and check the balance on your schedule, any time you want. You can match your payments to your paydays, to a specific date, or pay a little bit each week. The choice is yours with a flexible no credit check, no deposit prepaid electricity plan.
  • No Lengthy Contracts – With many electric plans, in order to get the advertised price, you have to sign a binding contract for a specified period of time, usually either 12, 24, or even 36 months! If you cancel, move out of state, or change plans before then, you could lose your deposit or be assessed a contractual penalty that is even larger than your deposit will cover. A prepaid electric plan lets you live your life without worrying about restrictive contracts. You get your low electricity price for however long you need service.

Take Control Of Your Plan

There’s nothing like getting the electric service you need on your terms. With flexible electricity plans, you can do just that. Compare electric plans from the cheapest electricity supplier in Texas side by side and save with a no credit check, no deposit electricity plan.

What you need to know about the Bounce Energy Fantastic Fixed 6 Plan

The Fantastic Fixed 6 plan has long been a popular plan offered by Bounce Energy.  As of the time of this writing, it features one of the cheapest electricity rates available in Texas.  Electricity rates in Texas are quite volatile, however.  Before choosing this or any other plan you should compare electricity rates from providers in your area to find the plan that works best for you.

Electricity Rates for Bounce Energy Fantastic Fixed 6

For the Houston area, the all-in rate for the Fantastic Fixed 6 plan is 9.2¢ per kWh for usage levels of 2,000 kWh per month.  If you live in an apartment you should expect to pay a higher average rate for this plan.  The published rate for the 500 kWh usage level is 10.7¢ per kWh.  This rate will be different if you live in another part of Texas.  To see the current rate for this and other plans in your area, enter your zip code above.

By the standards of electricity plans in Texas, this plan has a simple pricing structure.  The components that go in to the average rate are listed below:

Bounce Energy Charge (per kWh) 4.4¢
Bounce Base Charge $4.95
Flat Pass Through Delivery Charge $5.47
Pass Through Delivery Charge per kWh 4.254¢
Total Average Rate 9.2¢/kWh

*Rates are for Houston area as of 9/27/2018. Use the Vaultelectricity.com real time electricity rate comparison tool to see current rates in your area.

Bounce Energy Fantastic Fixed 6 EFL

The important numbers to note are the 4.4¢ Energy charge and the $4.95 base charge.  These charges are specific to Bounce Energy.  The TDU delivery charges are pass-through charges that you will have to pay regardless of the electricity provider you choose.  Unlike many other plans, Fantastic Fixed 6 Plan has no hidden price bumps based on how much electricity you use (or don’t use).

 

Bounce Energy vs. Other Texas Electricity Providers

Here is how the electricity rate for the Bounce Energy Fantastic Fixed 6 Plan compares to the plans from other Texas electricity providers.

Bounce Energy Rates

Rewards

This plan is eligible for the Bounce Energy Rewards program.

Cancellation Fee

This plan has a cancellation fee of $135

Save Energy At Home: Energy Efficiency Tips For Homeowners

One of the easiest ways to save money while helping the environment is to save energy at home by making your house more energy efficient. By making a commitment to make environmentally responsible choices about your electricity usage, you’re working to help preserve our valuable natural resources for future generations. Being more eco-friendly with your electricity use doesn’t require a large lifestyle change or constant expenditure of time and resources. Rather, it takes a few small changes and a focus on mindfulness.

Energy Efficiency & Your Electric Bill

Sure, you compare electricity prices to find a good deal, but your energy charge per kilowatt-hour is only part of what makes up your monthly bill. The other key component is usage. By making energy-efficient upgrades, you can save energy at home and lower your overall usage. When you multiply your electric rate by your new, lower usage, you get a lower bill that leaves more money in your pocket at the end of the month.

Small Changes, Big Impact

Making the change to a more energy efficient home is cheaper than ever. With more and more homeowners focusing on eco-friendly actions, market demand has pushed prices lower for energy saving home accessories at a tremendous pace. While the latest in energy-efficient appliances might still enjoy a premium, earlier generation technology is fast becoming standard features across the board. Here are some of the most popular energy-efficient upgrades available to homeowners today.

LED Light Bulbs – Perhaps the easiest home retrofitting job available, LED light bulbs have seen a drop in price even as the technology advances. Early LED bulbs were expensive and offered single-direction light. Contemporary LED replacement bulbs designed for a standard light socket cost a few dollars, use a fraction of the electricity incandescent bulbs use for the same light, and can last up to 20 years.

Low-Flow Plumbing Fixtures – While this change may show up on your water bill and not your electric bill, it still helps save energy. The purification and treatment of drinking water uses an enormous amount of energy. These fixtures accomplish the same amount of work with less water. Using less water at home means saving energy for your community while you save money. This upgrade can be especially important in drought-stricken areas where high water use is penalized with higher rates.

Sensors, Programmables, And Other Smart Home Features – Technology has been a driving force in lowering excessive consumption of resources. Many intuitive at-home, energy-saving features have been added to technology we already use on a daily basis, such as the addition of sensors that turn off lights and appliances when a room is not in use, programmable devices that control thermostats and lights, and connected devices that let you monitor and control electrical devices from your smartphone.

Newer Energy Star Appliances –  Replacing your older appliances with more energy-efficient models can have a big impact on your bill. Look for the Energy Star label that explains how much the expected annual energy usage of that item is, and how it relates to similar appliances in its category. Comparing expected usage can be important to saving energy at home.

Seal It Up Tight – You can expect your highest costs to generally occur in the summer and winter, months when energy is needed to keep indoor temperatures at a habitable level. As inclement seasons approach, check your doors and windows for gaps or cracks that can allow your air conditioning or heating to escape. You should also check the insulation in your home for proper thickness. A great method of saving energy at home is making sure you aren’t seeping your expensive heating and cooling to the air outside your house.

Watch Your Electric Bill – If there is a problem, it may show up there first. An appliance that’s stuck on, a collapsed duct in the attic, or damaged insulation may have symptoms that are easily missed. Unexpected spikes in usage could point to a bigger problem that needs investigating. In addition, your utility bill is a great resource when you need to compare electricity prices.

It Pays To Save

Saving energy at home is easier than ever. You can still live your life, you’ll just use less energy doing it. Best of all, it can increase the value of your home. As more and more younger, environmentally conscious buyers enter the home market, energy efficient features are fast becoming an upgrade for which they’re willing to pay a premium.

Get The Electricity You Need To Power Your Home

Saving energy at home is a great way to get the most for your energy dollar. You can also find real savings with a new, low-cost electricity plan. Compare electricity prices and shop for your new electric plan with Vault Electricity.

Sources of Electricity — United States, 2010

In 2010, total net generation increased 4.3 percent from 2009 levels. Cooling degree days for 2010 were at an all-time high and were 18.3 higher than they were in 2009. Net generation attributable to coal-fired plants rose 5.4 percent. Natural gas-fired generation was up 6.6 percent. Nuclear generation rose 1.0 percent, while petroleum liquid-fired generation was down 9.9 percent.

In 2010, coal-fired plants contributed 44.9 percent of the power generated in the United States. Natural gas-fired plants contributed 23.8 percent, and nuclear plants contributed 19.6 percent. Of the 0.9 percent contributed by petroleum-fired plants, petroleum liquids represented 0.6 percent, with the remainder from petroleum coke. Conventional hydroelectric sources provided 6.2 percent of the total, while other renewables (biomass, geothermal, solar, and wind) and other miscellaneous energy sources generated the remaining 4.5 percent of electric power.