In 2002, the Texas legislature approved energy deregulation – paving the way for a competitive energy market. As a deregulated electricity market, state’s retail energy companies would need to compete - against each other - for the millions of Texas residential and business customers. The goal of a deregulated, or competitive energy market, is to give the power to choose to the consumer – which forced Victoria electricity providers to be more efficient and lower costs – and offer improved customer service and lower rates to their customers. Going forward, the home and business customers of energy suppliers would have the ability to switch to a new energy provider (at the end of each contract) to maintain the advantage of the deregulated market.
For small and medium sized businesses to larger corporations, the deregulated market in Texas has flourished in the new era of competition. Today, every home and business can compare energy plans from top energy suppliers and shop for the best rate available – and then make the switch.
In an analysis of the energy data, most businesses can effectively reduce their monthly electricity costs by pro-actively researching providers and switching energy plans every 12 to 24 months.
If you are a business in the deregulated energy market of Victoria, Texas, you have the power to choose your electricity supplier and your rate. To compete for your business, energy suppliers are forced to be more efficient, as well as offer customer-centric business energy plans with competitive energy rates.
Even though you have the power to choose, it can still be a daunting task. In each specific zip code, today’s commercial customer will have hundreds of plans from at least 20 different energy suppliers to choose from. And although the intended result of deregulation was to lower prices for small businesses, medium businesses and larger enterprise level businesses, it’s not that simple. In many cases, comparing energy plans is still confusing due to the sheer number of plans available, promotional rates that are not apples-to-apples and the legal fine print that details fees and penalties.
Commercial energy customers can maintain control over the process by reviewing their monthly usage and average monthly electricity bill. A good rule of thumb to follow based on the amount of the monthly bill.
If your average business electricity bill is under $500 per month, then you can get a very good energy rate for your business through a simple online comparison of energy rates.
If your average commercial electricity bill is over $500 per month, then you will most likely get a more competitive energy rate through the custom energy quote process. The custom process is exactly that – by providing basic business information, energy usage and submitting a recent electricity bill – EnergyBot can leverage partnerships with suppliers to work on your behalf and secure the best energy rate for your business. Although it will take more time to complete, the custom quote process may deliver a lower energy rate that will add up to big savings for your business.
For Victoria businesses, researching Victoria energy rates and switching to a new electricity plan can be time-consuming and frustrating. EnergyBot is built to make energy simple and help businesses find the best electricity rate quickly and easily.
Along with saving time, EnergyBot also helps businesses cut energy costs by 15%. As a pure online company, we eliminate the costly overhead fees and sales commissions that are associated with third party energy brokers. The days of paying too much for electricity is over. EnergyBot is committed to giving you a real choice.
Renewable energy is becoming more and more viable every day. Several energy suppliers focus completely on green energy plans and even more suppliers offer partial green plans.
We are constantly finding new ways to give Victoria businesses and residents more renewable energy options. This includes solar, wind, hyrdo, and even geothermal energy solutions. You can find out more about our green energy solutions here.
Victoria has been growing its renewable energy footprint for the past 10 years by subsidizing solar panels and wind energy projects. In fact, Sunshine Energy is receiving 10 years of tax limitations through the Victoria ISD School Board for a large solar energy project.
Finding a new electricity provider in Victoria is simple. Follow these simple steps to get the lowest electricity rate in Victoria.
Enter your zip code ad the top of this page and you can quickly see plans from the top Victoria electric companies. For even better pricing use our data linking tool to pull in your historic usage from your utility.
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.
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.
Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. The local utility in Victoria is responsible for transporting electricity from the generators to residential homes and businesses in this specific region.
Energy providers in Victoria like TXU Energy and Cirro Energy are the competitive energy retailers. In Texas, these companies are called Retail Electric Providers (REPs).
Energy suppliers offer two different types of plans for residential and business customers: a fixed-rate plan or a variable-rate plan.
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 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.
Known as The Crossroads, Victoria is the 56th largest city in the state of Texas with a population of 92,035 residents in the Victoria Metro Area. Located within a two hour drive of Corpus Christi, Houston, San Antonio, and Austin, Victoria covers an expansive area of 33.1 square miles.
The city area of Victoria has a thriving scene for art and culture. It’s home to the Theatre Victoria that offers six productions each season from July to May. All of their performances are held in the Leo J. Welder Center located right downtown. This center is a fully-equipped modern performing space capable of accommodating a wide range of performances including the Victoria Symphony Orchestra and the Victoria Ballet. There are also several museums and a thriving art scene thanks to the Victoria Art League.
Victoria is also home to the Texas Zoo located at the Riverside Park which houses over 200 animal and plant species indigenous to the state of Texas. All of these species are kept in their natural habitats making it a healthy location for all of these unique species. Riverside Park covers 562 acres with 15 baseball fields and the Victoria Paddling Trail which follows 4.2 miles of the Guadalupe River. Victoria also has great fishing and boating in Lake Texana and Coleto Lake. For residents and visitors alike, Victoria offers a wide range of recreational opportunities to enjoy the outdoors.
The 2.7 million small businesses in the state of Texas employ over 4.74 million people and added nearly 95,000 net new jobs, according to the latest SBA Small Business Profile. The economic growth in Texas has remained strong as the unemployment rate dropped from 4.1% to 3.8% in 2019.
Founded in 1824, Victoria is home to a vibrant economy due to its central location acting as a regional hub to seven nearby counties. Their central location brings an abundance of jobs to Victoria which brought down the unemployment rate to just 3.3% in October of 2019.
With its central location, Victoria’s economy relies on a wide range of business sectors including education, health, retail, agriculture, and industry. It has easy access to major highways that make it just a two hour drive from some of the major economic hubs of Texas. This is why it got the name The Crossroads for its easy access to Corpus Christi, Houston, San Antonio, and Austin. Victoria also has the Victoria Regional Airport and the Port of Victoria making travel and shipments simple. This makes it a central meeting point for a range of different business activities. It also attracted major industry businesses such as Formosa Plastics Corp, Inteplast Group, Dow, Invista, Caterpillar, and Alcoa.
Victoria is poised to continue its amazing growth through their central location and relative low cost of living that attracts businesses of all kinds.