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Residents new to Houston will learn quickly that many power companies are competing for their business. While most cities across the U.S. only offer one or two choices for power companies, Texas’s deregulated energy market means options of more than 100 retail electric providers. And that equals cost savings for Houston residents, who can shop for a plan that meets their budget and energy needs.
With all of the available electricity companies in Houston, you may be asking, “How do I find the best power company near me?” Do you need the flexibility of a prepaid plan? Do you simply want the best rates possible? Look to Payless Power, named one of the state’s top providers, for a variety of cost-savings electricity plans in Houston.
With 2.3 million residents, Houston is the largest city in Texas and the fourth largest city in the U.S. As the hub of energy production and intellectual capital for the industry, Houston is rightly called the Energy Capital of the World. One-third of the nation’s energy jobs in oil and gas are in Houston, with 4,600 energy-based companies in the metropolitan area. The city’s growing population, booming industries, and warm climate mean high demand for reliable, affordable energy.
Since 2005, Payless Power has been helping Texas residents obtain reliable energy with up to 20% savings on their average electricity bill. If you search “electric companies near me,” you’ll discover that Payless Power offers competitive rates in Houston on all of their available rate plans, including prepaid plans that require no deposit or credit check.
Payless Power customers who want the flexibility of a prepaid plan receive alerts on usage and balance, allowing them to: 1) Reduce their home’s power usage to save money. 2) Pay as they use electricity, with no large surprise bill at the end of the month. 3) Avoid sudden disconnection for failure to pay by easily adding funds at any time by phone, app or online.
On average, Texas residents pay approximately $138.56 per month for their electricity plan with average monthly use of 1,132 kWh. Houston residents consume more power than the average Texan at 1,300 kWh per month (thanks to its warm climate and humid climate). The average electricity bill for Houston residents is $159*, which fluctuates based on the size of home and amount of energy used. Texas’s wide selection of competitive providers near Houston plays an important role when it comes to cost savings.
*Based on January 2022 EIA rate data
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The average Houston electricity rate for residential consumers is 10.98 cents per kWh, which is about 7.50% lower than the national average of 11.88 cents/kWh. For a typical 2,000 square feet residence, the average consumption is approximated at 1,325 kWh per month. Thus, the amount of money you would spend on electrical consumption would be anywhere between $145 to $150 and $85 a month (10.98 c/kWh X 1,325 kWh/month).
The average electric rate in Houston for commercial use is 8.16 cents per kWh, which is 19.3% lower than the national average commercial rate, making it relatively affordable.
Note that rates and your electricity bill are influenced by several factors, including the term of your contract, your usage, and your credit score.
In Houston, residents have the option of selecting a fixed- or variable-rate plan. With a set rate and set contract period, fixed-rate plans provide plenty of stability and security. While a variable-rate plan offers freedom and flexibility without a set contract or set rate. Residents can then select a specific energy provider and plan after choosing between the two options. A service provider such as Payless Power helps consumers compare options more easily and select the best plan for their needs.
Further, you may filter your options based on your usage, the type of plan you prefer, and several other factors. Upon selecting the energy retailer that most closely matches your needs, you can sign up directly through their website.
Houston gets 88% of its power from wind turbine operators, while the rest is generated by a 350-acre solar farm in Alpine, Texas.
As part of Houston’s deregulated electricity market, customers can choose an energy provider that meets their needs. There are, however, so many choices that you may be overwhelmed. Over 60 energy suppliers offer services in the greater Houston area including Champion Energy, Payless Power, TXU Energy among the top providers.
In Texas, the market for electricity is deregulated. When there is a shortage of electricity, the price will rise, so power companies will have an incentive to generate more electricity. As a result of the deregulation of the electric market, it is also possible to offer unusual policies or plans with variable rates. As a result, customers are left with sky-high bills. Consider checking out other causes of an expensive electric bill.
Payless Power wants to be your Texas electric company.
Whether you live in a large city or small town, we can save you money with pay as you go electricity! Where do we provide Texas electricity? We service customers with no deposit electricity in more than 400 deregulated communities in Texas. We work with principal utilities throughout the state of Texas to provide prepaid electricity. The utilities are: Oncor in the Dallas / Fort Worth Metroplex and various parts of West Texas; CenterPoint Energy in Houston and the surrounding areas; AEP Central in Corpus Christi and surrounding areas; AEP North in Abilene and other North Texas communities.
See why our power customers say we're the best electricity provider in Texas!
I was worried about getting electricity for my home through a prepaid company. I was calling around to see different rates then going through all the hassle of credit checks while dropping points each…
I have been with this company for several years and have been very happy since. Even when I moved, they made my usually stressful situation very easy and carefree. I recommend them to everyone that I…
I have enjoyed the service for 2 years now. In the beginning this service was planned to be temporary but with the service being so effective for me i decided to keep it for the long haul. I’m a happy customer.