The cheapest Texas electricity rates are the real-time rates.
Electricity rates change every 5 minutes. These changes happen as a result of the availability of electricity on the grid and the demand for it. When you pay the real-time rate, you’re simply paying the actual cost of electricity at any given moment. It’s as simple as that.
The real-time electricity rate saves you in the long run, every time.
When you buy from a traditional provider, they take the real-time cost and mark it up so they can make a profit. They’ll tell you that a fixed rate is a safe rate. But in reality the more electricity you use, the more money they make. The real-time rate will always average out to be far cheaper than any provider’s fixed rate.
Become more energy efficient with our smart energy tools
We built our platform with smart energy tools that connect to your smart meter, providing you with the real-time rate of electricity and forecasts of future energy costs. Through our price alerts and forecast features, we let you know when prices spike and when they fall, so you can choose to optimize your energy usage and save even more if you’d like. Even if you don’t adjust your usage, you’ll save simply by being connected to the real-time rate.
Prepaid electricity allows for total transparency so you know exactly what you’re paying.
The traditional electricity model says that you get to know how much electricity you’ve used once every other month—maybe once per month. By the time you see it all laid out on a bill, the information is essentially useless to you. With the prepaid billing model, you get to see exactly what you’re paying for, anytime you want. And because you never have a bill, you’re not locked into a contract.