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Mineral Wells Electricity Rates

Mineral Wells Electricity Pricing

Lowest electric rates in Mineral Wells today:

Source: EnergyBot (updated daily, averages based on 4 month trends)

Mineral Wells Energy Data

Last updated March 2021

  • The average Mineral Wells commercial electricity rate was 7.75 ¢/kWh (26% lower than the national average).
  • The average Mineral Wells residential electricity rate was 11.87 ¢/kWh (7% lower than the national average).
  • Texas ranks 4th for the lowest commercial electricity rates in the U.S.
  • Texas ranks 31st in the nation for the cheapest residential electricity rates.
Source: Texas energy data from The U.S. Energy Information Administration (EIA)

Switch Electricity Providers in Mineral Wells

Finding a new electricity provider in Mineral Wells is simple. Follow these simple steps to get the lowest electricity rate in Mineral Wells.

Step 1: Compare energy providers and energy prices online

Enter your zip code ad the top of this page and you can quickly see plans from the top Mineral Wells electric companies. For even better pricing use our data linking tool to pull in your historic usage from your utility.

Step 2: Review the plan details and Electricity Facts Label (EFL)

Energy plans often have long confusing contracts. We don't like teaser rates and tricky terms, so we filter out the plans that trick customers into bill spikes. Each plan you see on our site has plan details and the Electricity Facts Label. This breaks down the most important information about the plan into a way that is easy to understand.

Step 3: Confirm the switch to a new energy provider

Once you have decided on a new energy plan for your home business just follow the prompts to confirm. Once you're done, we give you dashboard to see the status of your contract.

Frequently Asked Questions About Mineral Wells, Texas Energy

What is the difference between a Utility and an Energy Provider?

Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. The local utility in Mineral Wells is responsible for transporting electricity from the generators to residential homes and businesses in this specific region.

Energy providers in Mineral Wells like TXU Energy and Cirro Energy are the competitive energy retailers. In Texas, these companies are called Retail Electric Providers (REPs).

Types of Energy Plans offered in Mineral Wells

Energy suppliers offer two different types of plans for residential and business customers: a fixed-rate plan or a variable-rate plan.

Fixed-Rate Electricity Plans in Mineral Wells

Fixed-rate – meaning that the rate will remain constant for the term of the contract. Regardless of weather, natural events like tornados, or market volatility, your rate will not change. In most cases, a fixed-rate plan will have a term length of 6, 12, 24, or 36 months.

Variable-Rate Electricity Plans Mineral Wells

Variable rate plans may change on a monthly basis based on market factors. Variable-rate plans offer more flexibility but also present more volatility in pricing which may impact your monthly electricity bill.

In almost every case, EnergyBot recommends a fixed-rate plan. If you are unsure on what plan is right for your feel free to contact us.

Electric Rates in Mineral Wells

How much is electricity in Mineral Wells, Texas? Rates updated daily

Shop Electric rates by popular Texas cities

See today’s electricity rates for cities in Texas.

Texas cities:

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Mineral Wells Zip Codes:

76067
76068
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