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Benefits of Month-to-Month Electricity Plans

Month-to-month electricity plans have rates that are based on current energy market conditions. While a fixed rate locks you into one rate for a specified time, month-to-month rates allow you to take advantage of lowering energy rates. If you watch the energy market and switch at the right times, you could save big with a month-to-month plan.

There are two different types of month-to-month rates available today:

  • A variable rate changes at the discretion of the provider based on market conditions.
  • An indexed rate fluctuates based a published formula and is usually pegged to an energy index.

Both of these types of electricity plans have the same benefits:

  • The flexibility of not having a long-term contract with a specific company.
  • The ability to take advantage of lowering energy rates.
  • No termination fees if you need to stop electricity service at your home or just want to switch providers.

If you're ready to start shopping for a variable rate electricity or indexed rate electricity, simply enter your address and you can find a variety of plans from different providers that serve your area. When you order through ElectricityTexas, your new service will start within just seven business days.