Corpus Christi Electricity Rates: Compare Prices Fast
Corpus Christi is one of the major coastal cities in Texas, with a population of 330,000. Due to energy deregulation in the state, all Texans can choose from several energy plans offered by various electric companies. Corpus Christi residents can save on energy by comparing Corpus Christi electricity rates and finding the best energy services in their area. Here’s how Corpus Christi’s electricity market works, and how to save on energy and get the best Corpus Christi electricity rates.
General Information on Corpus Christi Electricity Rates
Texas is the largest producer of crude oil and natural gas; hence, most Corpus Christi electricity plans are from traditional electricity providers. However, many commercial electricity companies are now focusing on renewable energy, offering green energy plans, but at a higher per kilowatt-hour (kWh) rate.
For all Corpus Christi residents, your electricity bill is divided into two categories – supply and delivery services.
The supplier services include electric generation services. The supply rates depend on the cost of generating electricity, and that can depend on the method of producing electricity. Some well-known retail electricity providers in the Corpus Christi area include TXU Energy, Frontier Utilities, 4Change Energy, Gexa Energy (Gexa Saver), Direct Energy, Payless Power (SmarTricity Premier), Cirro Energy, Pulse Power (Texas Saver), TriEagle Energy, Reliant, and First Choice Power, among others.
Each electric provider offers various energy plans at different electric rates; it’s best to read their Electricity Facts Label (EFL) to learn more about the plans. The EFL contains information on the price per kilowatt-hour, cancellation fees, and early termination fees, among other things.
Your local utility company provides electric delivery services. The utility company is also known as your Transmission Distribution Service Provider (TDSP) or your Transmission and Distribution Utility (TDU). The TDU is responsible for delivering your electricity, maintaining power lines, and managing power outages.
The delivery charges include the TDSP Delivery Charge, customer charge, and the PUC Assessment – a fee included by the Public Utility Commission of Texas (PUCT). You may also see a Gross Receipts Reimbursement Charge and some non-recurring fees for things, such as new service initiation.
Your local utility company in Corpus Christi is AEP Texas Central (AEP Central).
You can learn more about Corpus Christi electricity rates and tariffs here.
Energy Deregulation and How It Affects Corpus Christi Electricity Rates
Energy deregulation in Texas allows all Corpus Christi residents to choose their retail electric provider (REP). The Power to Choose gives all customers the right to choose their energy providers at varying energy rates.
Due to increasingly competitive rates in the energy market, overall electricity prices in Texas have gone below the national standard. Residents can also buy green energy options from energy companies that use renewable energy generation sources.
If you don’t opt for an energy provider, you will receive AEP Texas Central’s default rate. The default rate is also your Price to Compare and is regulated and approved by the Public Utilities Commission of Texas. You can use the Price to Compare to see what companies are offering the best electricity service and the best rates.
Finding the Best Corpus Christi Electricity Rates
All Corpus Christi homeowners and business owners can choose from several retail electric providers. Some REPs offer low rates, while others offer unique benefits, along with average rates.
In any case, you can compare each REP’s energy plans and rates and make an informed decision. You can search and try to shop for rates yourself, but watch out for the fine print, hidden fees, and escalating rates once your term ends.
Alternatively, you can use Arbor’s free TrueRate Protection service to automatically find and switch to the best Corpus Christi electricity rates in your area.
Arbor scans the market and gives you the best rates you can get in your service area. When your contract term is expiring, Arbor finds the best rate and switches you again. You always pay the best rate and never have to worry about overpaying for electricity ever again.
You can also use the free savings calculator to find out how much you could save in each case.
Understanding Corpus Christi Electricity Rates and Plans
All retail electric providers offer different electricity plans with dynamic rates and term lengths. Some companies offer exclusive benefits such as free nights, free weekends, and bill credits, among other things.
Changing your REP is an easy task – you can use your electric bill to figure out who your current electric supplier is and what rate you’re paying. You can use Arbor to find the best rate in your area and switch to the lowest cost supplier quickly to save time.
You can use Arbor to find the best rate in your area by using our free savings calculator.
Furthermore, you will find different types of plans depending on the companies. These are the four plan options you’ll find in Corpus Christi.
- Fixed-Rate Plans: Such plans are not affected by any changes in the energy market rates; you pay the same rate throughout the length of your contract. We recommend fixed-rate plans because they provide price certainty and minimize risk. But be careful: when your term expires, your rate becomes variable and can go up without notice. Arbor automatically keeps you on the best fixed-rate plan, so you don’t have to worry about rate hikes at the end of your term.
- Variable-Rate Plans: Such plans offer variable rates each month that depend on the current price of wholesale electricity and overall electricity demand. Therefore, more electricity usage means increased demand and higher energy costs and vice versa.
- Prepaid Plans: Prepaid plans let you pay for your electricity beforehand, so you have to go through the hassle of making payments each month. You can also avoid credit checks and deposits when opting for prepaid plans.
- Green Energy Plans: You can opt for green energy/renewable energy plans to reduce your overall carbon footprint.
Some plans may ask you for a deposit. However, plans available through Arbor never require a deposit.
How to Choose the Right Energy Supplier
All Corpus Christi residents get their electric delivery services from AEP Texas Central; however, they can choose from several retail electric providers. You can use the Price to Compare or your current rate to check what plan is offering the best prices.
You should check what energy plan offers the most savings, benefits, and incentives.
You can also check how you can save on your energy bill with AEP Texas Central. But electricity is complicated, which is why people trust Arbor to manage their electricity service for them, so they always pay the best electricity rate available in Corpus Christi.