![]() ![]() It's important to compare different plans and choose one that best fits your needs and budget. Customers on a prepaid plan will not receive a monthly bill, but they will need to monitor their usage and add funds to their account as needed. These plans allow customers to pay for their electricity usage in advance. Customers on a green energy plan may pay a slightly higher rate for their electricity, but they can feel good about supporting renewable energy sources. These plans offer electricity generated from renewable sources such as solar or wind. Customers on a variable-rate plan may see their rates go up or down each month. These plans have rates that can fluctuate based on the market price of electricity. Customers on a fixed-rate plan will pay the same price for their electricity usage each month, regardless of fluctuations in the market. These plans offer a fixed rate for the length of the contract, typically between 6 and 36 months. There are several types of electricity plans available in Houston, Texas. Check the cancellation policy: If you decide you want to switch electric companies, make sure you check for early termination fees.Keep an eye on your usage: Make sure you have a good understanding of how much electricity you use each month so that you can choose a plan that meets your needs.If you are environmentally conscious, you may want to consider switching to a company that offers such a plan. Consider renewable energy options: Many electric companies offer plans that include a percentage of renewable energy.For example, a 12.1¢ plan with a $10 monthly fee may have an overall higher cost than a 12.5¢ plan with no monthly fee. Make sure you understand all of the fees you will be responsible for before you switch. Check for hidden fees: Some electric companies charge additional fees for things like bill payment or account maintenance.It summarizes the important parts of the contract. Read the fine print: Make sure you understand any fees or terms associated with a particular plan before you commit to it.But, you need to think about a few things to avoid costly mistakes. Switching electricity providers is not hard. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.What you should know about switching electric companies The supplier currently does not produce any of the electricity that they sell. This is the 271st lowest average monthly bill amount for a supplier in the country. The US average monthly residential electricity bill is $ 131.84, while the YEP Energy average is 42.42% below at $ 75.9 per month. They earned $ 70, 371, 000 in 2021 from sales to retail customers alone. ![]() The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The company had sales of 1, 183, 677 megawatt hours in 2021 sold to end users. The average residential electricity rate for YEP Energy is around 5.68 cents per kilowatt hour, which is, thankfully, 61.74% less than the average national price of 14.84 cents. With 62, 040 total customers, the company provides electricity to 3, 359 commercial accounts and 58, 681 residential customers. With their main offices in Houston, Texas, YEP Energy provides electricity to 3 states in the nation and is considered a retail power marketer. ![]()
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