|
Provider
|
Term Length
|
Rate at 1,000kWh
|
|---|---|---|
|
12 months
|
11.00¢
|
|
|
18 months
|
11.10¢
|
|
|
18 months
|
11.10¢
|
|
|
12 months
|
11.20¢
|
|
|
12 months
|
11.20¢
|
|
|
12 months
|
11.40¢
|
|
|
12 months
|
12.91¢
|
|
|
12 months
|
15.90¢
|
|
|
15 months
|
16.20¢
|
|
|
36 months
|
17.00¢
|
|
Provider
|
Term Length
|
Rate
|
|---|---|---|
|
3 months
|
5.37¢
|
|
|
1 month
|
5.58¢
|
|
|
6 months
|
6.27¢
|
|
|
6 months
|
7.06¢
|
|
|
6 months
|
7.33¢
|
|
|
6 months
|
7.74¢
|
Source: EnergyBot (updated daily)
Texas-New Mexico Power, TNMP for short, is an electric utility based out of Lewisville, Texas, servicing over 270,000 customers. TNMP operates primarily in West Texas and the Gulf Coast, including communities like Texas City, Pecos, League City, and Lewisville. TNMP was founded in 1935 and has been exclusive to the Lonestar State since 2008.
Deregulation in Texas allows most folks to choose their own retail electricity provider (REP) by comparing energy plans and competitive rates. The state's electricity companies work closely with utility companies, including TNMP, to ensure that all customers receive the power they need to operate daily life.
Your local utility company is assigned based on coverage areas, while you can choose from REPs at your discretion. Put simply, your utility provider will deliver power and maintain all the infrastructure necessary to keep the lights on while your REP will issue your monthly electricity bill and act as your main point of contact for purchasing power.
There are a wide variety of electricity companies serving TNMP’s region, each with competitive energy rates and plans. Some of the most popular providers you can find on EnergyBot’s marketplace include:
For a full list of providers you can compare energy plans for your home or business instantly by entering your zip code.
As a customer in the deregulated energy market, you have the power to choose your Texas electricity rate. That’s why EnergyBot is here to help you navigate the market in TNMP’s service area and find the best energy plan for your home or business.
Here’s how to find the best plans on our marketplace:
If you’re a TNMP customer experiencing a power outage, you should notify the utility. To reach TNMP in the case of an emergency:
For non-urgent matters, you can contact TNMP by:
With so many competitive electricity providers in the TNMP service area, the “best” one depends on your specific energy usage needs and preferences. To find the company that fits your home or business best, you’ll need to consider what’s most important to you. For some this is the cheapest rate, for others it’s renewable energy, or no early termination fees.
Once you’ve established what you need from your electricity provider you can get started shopping using EnergyBot’s marketplace to find a plan in minutes.
Since TNMP is a local utility company, not an electricity provider, it doesn’t charge you for electricity directly or maintain your billing relationship. Instead, you’ll receive a monthly bill from your power company based on your energy usage. However, your electricity bill does include transmission and delivery charges which go to TNMP in order to help maintain, repair, and upgrade the electrical grid.
ERCOT manages the electricity grid across Texas, ensuring reliability and efficiency, while PUCT regulates the market, including ERCOT, to ensure fair practices and consumer protection.