![]() ![]() Most electricity contracts in Texas include an Early Termination Fee (ETF). Understanding these details can help you decide whether to stay with your current plan or look for a better option. The cost per kWh can also vary greatly depending on the time of use, the type of plan, and the provider. In Texas, electricity contracts can range from month-to-month plans to fixed-rate contracts that last several years. It’s crucial to know the length of your contract, the cost per kilowatt-hour (kWh), and any penalties or fees associated with early termination. The first step in breaking free from an electricity contract is understanding the terms and conditions of your agreement. Considerations for Ending Your Contract Early.Sometimes, paying an early termination fee and switching plans could save you money in the long run. You can switch plans up to 14 days before your contract ends without a penalty. TL DR: In Texas, you can cancel your contract when you move, no questions asked. In this guide, we’ll provide the insights you need to navigate Texas’s complex world of electricity contracts, empowering you to take control of your energy needs. Many Texans find themselves in a similar situation, looking for ways to escape unfavorable terms or high rates.īut here’s the good news: there are ways to break free, and we’re here to guide you through them. Get unbiased, accurate information backed by our commitment to editorial integrity.Īre you feeling trapped in your current electricity contract and wondering how to get out of it? ComparePower is an unaffiliated, independent marketplace. These rates are approved by the Public Utility Commission and apply to all retail electric companies.Any product or company names, marks, or logos shown on this page are the property of their respective owners. See the tables above for the last two months TDU charges. ![]() NOTE: TDU price changes allowed by law or regulatory actions may cause a slight difference in your invoices. For this reason, you may notice a variation in the amount charged each month because your usage constantly changes. TDU charges are billed monthly in two ways: a flat monthly charge in addition to a usage (per kilowatt hour) charge. How are the TDU Delivery Charges calculated? Will it be the same amount every month? The average price you enroll on-7.9₵ per kWh at the 2000 kWh consumption level, for example-already includes your TDU charges. There are no hidden fees that aren’t mentioned during your enrollment. We do this so that your bill is easier to break down and understand. The good news is that they’re passed through to you without any markup-so you’re not paying more than you should for electricity. In fact, the charges have been approved by the Public Utility Commission of Texas and TDUs charge the fees to all retail electric companies. In order to cover those costs, your local TDU adds on a monthly flat fee as well as a usage based charge. Most people don’t realize there is a cost associated with maintaining electricity poles and wires, checking and replacing meters, storm restoration, and other services that our local TDU companies provide. They also own the meter and measure your electricity consumption. Transmission and Distribution Utility (TDU) companies are responsible for the delivery of electricity from the power plants to your home. ![]()
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