Electric rates in Dallas have been steadily increasing over the course of year 2021 and into 2022. The rates have doubled in price and so have people’s energy bills.
Th reason the prices have gone up so dramatically has to do with the war between Russia and the Ukraine. The fighting over there has created a demand for Texas primary electric generation fuel, natural gas.
The increase in demand has spiked the price in our generation fuel making it more expensive to generate electricity. Electric providers have to pass this increase on to consumers.
When you look at your electric bill and see your paying 20 cents per kWh you go out and look and start shopping. Unfortunately, what people are discovering is that the advertised contract prices are very close to this price already.
Looking on pricing comparison websites as of September 1, 2022, a good rate is around 18 cents per kWh in the Houston area. For myself included these prices are unreasonably high.
Saving money on the monthly electric bill is the number one reason so many Texans decide to switch to a lower cost provider. There are, however, simple things you can do right now that will reduce your energy consumption and thereby your bill. Use portable fans or ceiling fans to circulate the air in a room and make it feel four to six degrees cooler.
Keep your doors and windows closed and sealed with weather stripping and keep the thermostat set to 76 – 78 degrees.