Variable Rate Plans are based on the ebb and flow of the market, meaning your price can change month-to-month. The advantage to having a variable rate plan is the flexibility of canceling your service at any time without a cancellation fee.
Fixed Rate Plans carry a contract term with it, meaning you can lock in the rate you pay per kWh when you order one of these plans. The advantage of a fixed rate plan is that your price is protected from monthly market pricing fluctuations.
Indexed Rate Plans use a pre-established formula for the monthly per kWh rate. It is usually tied to an index, such as the natural gas index, to help determine prices.
Renewable Energy Plans offer clean energy derived from sources such as wind, water and solar. To order renewable energy at ElectricChoiceForTexas, simply look in the “Energy Type” column after you have entered your address for the green logo next to the electricity providers available in your area.
Cancellation fees only apply should you cancel your service before the contract term is up. The fees will vary depending on provider and package, and all applicable fees should be outlined in the terms of service for each electricity service plan.
*Pay-As-You-Go electricity service means that you pay your monthly bill before each month begins, without worrying about long term contracts, credit checks or IDs.