Power & Save Smarter in Texas
Not all electricity plans are created equal in Texas’s deregulated energy market. Time-of-Use (TOU) plans give you the power to save by paying lower rates depending on when you use electricity! With the right strategy, you can shift your usage to the designated off-peak hours and potentially lower your monthly bill, all while keeping the lights on when you need them most.
| Provider + Plan Name | Plan Rate | Plan Length |
|---|---|---|
| APG&E - SimpleSaver 12 | 7.7¢ | 12 months |
| Gexa Energy - Gexa Eco Saver Plus 12 | 7.8¢ | 12 months |
| Express Energy - Flash Value 12 | 7.8¢ | 12 months |
| Chariot Energy - GridPlus 12 | 7.8¢ | 12 months |
| Companion Energy - Companion Savings + Benefits 12 | 7.8¢ | 12 months |
| Frontier Utilities - Frontier Saver Plus 12 | 7.8¢ | 12 months |
| 4Change Energy - Maxx Saver Value 12 | 7.8¢ | 12 months |
| Rhythm Energy - Rhythm Saver 12 | 8.9¢ | 12 months |
| Energy Texas - The Lone Saver 12 | 8.9¢ | 12 months |
| Octopus Energy - Octopus Lite 12 | 9.2¢ | 12 months |
What Are Time-of-Use Plans?
Time-of-Use plans, also known as “free electricity plans,” let you pay different rates for electricity depending on the time of day! Peak hours (times of high demand, often weekday late afternoons/early evenings) cost more, while off-peak periods – like late nights and weekends – come with lower rates. This setup is perfect for households that can shift energy use to the designated off-peak times. Unlike regular fixed-rate plans, pricing is based on time periods defined in your plan (for example, peak vs. off-peak), making these plans a smart choice for energy-savvy households who want more control and the chance to save!
Pros & Cons of Time-of-Use Plans
|
Plan Type
|
Pros
|
Cons
|
Best For
|
|---|---|---|---|
|
Plan Type
Time-of-Use Plans |
Pros
|
Cons
|
Best For
|
Considerations Before Choosing a TOU Plan
To get the most out of a TOU plan, you may need to adjust your daily routines and shift energy-heavy activities to off-peak hours! These plans typically require a smart meter to accurately track usage by time of day. While strategic use can lower your bills, frequent peak-hour usage could result in higher monthly costs, so planning and monitoring are important.
Who Should Consider Time-of-Use Plans?
- EV Owners: Charge vehicles during off-peak hours to save money.
- Families with Flexible Schedules: Households that can shift laundry, cooking, and other high-energy tasks to lower-cost periods.
- Energy-Savvy Shoppers: Those looking to actively manage and reduce their electricity bills.
- Eco-Conscious Consumers: People who want to support grid efficiency and reduce peak demand.
Ready to Power Smarter?
Compare rates, peak and off-peak schedules, and provider perks!