Compare
Richland Hills
electricity rates

Richland Hills Energy Data

Last updated March 2021

• The average Richland Hills commercial electricity rate was 7.75 ¢/kWh (26% lower than the national average).
• The average Richland Hills 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 Richland Hills

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

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 Richland Hills 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 Richland Hills, 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 Richland Hills is responsible for transporting electricity from the generators to residential homes and businesses in this specific region.

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

Types of Energy Plans offered in Richland Hills

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 Richland Hills

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 Richland Hills

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.