When comparing electric rates against Green Mountain Energy keep in mind that you are not always comparing apples to apples. Green Mountain offers many renewable energy plans and in fact all of their electricity service plans are renewable energy.
GME offers both fixed electricity rates and variable rate products. We strongly urge you to choose a fixed rate simply because you are not insured that a variable electric rate will stay the same price from month to month.
A fixed rate with Green Mountain Energy gives you price predictability year after year. In most cases when you lock in to a 1 year fixed rate you will not be paying that much more than the short-term prices that are available.
Short term variable rates are just a hook. They start out low but many times go up in price after a few months. It is simply best to avoid these plans no matter how attractive that first month is.
Also consider the socio-economic global situations that have altered the cost of energy. Right now you have Russia fighting the Ukraine which has caused Liquid Natural Gas to spike in price which then causes electricity prices in Texas to go up. In 2010 it was The Deep Horizon oil spill that cut off a source of oil for the United States. The renewable new Energy policies Obama and Trump have created and reenacted are political window dressing that add hidden costs to your electricity service rate as well.
Electricity rates will start going back down from these August 2022 highs over the next 2 – 3 years I suspect but they might then spike back up to reach these high prices again so stay vigilant. By getting into a variable rate you will have the headache of watching your DFW and Richardson Texas area electricity rate skyrocket in price while those that locked into a 1 or 2 year fixed rate are sitting pretty.
Now is not the time to get hoodwinked into a variable month to month rate just because the introductory price looks good.
Again if we haven’t spelled out for you well enough I just want to say it again, “Don’t go with a variable electricity rate this time around!”
Instead choose a competitive fixed electricity rate and if you want to compare multiple Richardson Texas electricity companies against Green Mountain Energy’s prices just use the zip code comparison tool at the top right of this site.
Green Mountain Energy Co
Business Name: Green Mountain Energy Co
Zip Code: 75080
Nearest Intersection: Wisteria Way & Silverstone Dr
Map Coordinates: 32.965323, -96.746492
Need Cheap Electricity Service in Richardson Texas?
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Electric Companies in Richardson, Texas
When you are wanting to compare Richardson electric service for your home from companies like Reliant Energy, TXU Energy, Green Mountain Energy Co and others you want to avoid falling for hidden fees and charges. It would also do you good to avoid prepaid Texas electric companies trying to hook you into an energy rate that is double other Electric Companies.
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