League City Electricity Rates
Residents living in League City have the option to choose their electric supplier. League city electricity rates fall in a deregulated service area which opens the door to competing energy suppliers. The increase in competition has the effect of pushing down energy prices. Texas is well known to be the energy hub of the world and for good reasons. Texas is home to well over a dozen energy suppliers that provide electricity and gas services to electricity markets across the nation. If you own a home or business in league city, locking in a lower supply rate can significantly reduce your electric bill.
League City is located 25 miles southeast of Houston and has a population of just over 100,000 people. League City is not too far from the Gulf of Mexico. Given its geographical location, the weather in the city can consist of hot humid summers to mild and cool winters.
League City Utilities Include TNMP and CenterPoint
If you’re moving to League City, then your utility service area will either fall under Texas-New Mexico Power (TNMP) or CenterPoint. Given the logistics involved, the consumer will not be able to switch from TNMP to CenterPoint or vice versa. League City utilities represent the regulated section of the electric bill. The main job of the utility company is to deliver the power to the point of service, whether it’s a home or business.
Texas-New Mexico Power (TNMP)
Texas-New Mexico Power (TNMP) is one of two utility companies that operate in League City. TNMP maintains the lines and wires to safely and efficiently deliver the electricity to its customers. The cost to maintain the power lines is known as the Transmission and Distribution Utility (TDU) charge and represents the regulated charge on the electric bill. The regulated charges are overseen by the Public Utility Commission of Texas. If you fall into the TNMP service area and experience a power outage, then you will need to report the issue to TNMP.
- TNMP contact information: 1-888-866-7456
CenterPoint Utility
CenterPoint is the other utility company that operates in League City. Just like TNMP, CenterPoint is responsible for delivering electricity to its customers. The delivery charge or TDU charge represents the regulated portion of the electric bill. The customer will not be able to switch to TNMP or any other utility company for the delivery charge. If you experience a power outage, then CenterPoint will be responsible for fixing the issue.
- CenterPoint contact information: 1-800-427-7142
Choosing an Electric Supplier in League City
As mentioned above, the League City utilities are responsible for charging its customers the delivery (TDU) charge. The other section of the electric bill includes the supply charge. The supply charge is the cost of generating the electricity the customer is estimated to use during the term of the agreement. The supply charge represents the deregulated section of the electric bill. Energy choice opens the door for consumers to choose their electric supplier.
There are no shortages of energy suppliers to choose from in Texas. Energy rates will vary based on the utility area you live in. If you live in the TNMP service area and choose an energy plan under the CenterPoint service area, then you will not qualify. Consumers will only qualify for energy plans that fall in their utility service area. The most common energy plans include fixed and variable rates.
Fixed vs. Variable Rates
The most common energy plans include fixed and variable rates. Selecting an energy plan largely depends on the customer’s risk tolerance. Fixed rates will not fluctuate during the term of the agreement. The energy market can be extremely volatile so locking in a fixed rate will put a ceiling on the price if the energy market increases. However, if the market drops then you may end up paying a higher rate. Most fixed energy plans will come with an early cancellation fee. Cancellation fees can cost up to $300, depending on the plan.
Variable rates change on a month-to-month basis. It’s common for suppliers to offer a low introductory rate that can increase throughout the agreement. Variable rates can change at the sole discretion of the energy supplier. Most plans do not have an early cancellation fee. This gives the consumer the freedom to change energy suppliers anytime during the term of the agreement.
Green Energy Plans
The great benefits of energy choice are the options that are given to consumers that were not available when the market was regulated. More electric suppliers are offering 100% renewable energy plans. Renewable energy plans generate power from renewable energy sources such as wind, solar, and hydropower. These alternatives are considered more environmentally friendly compared to conventional methods such as coal and fossil fuels. If you’re looking to cut down on your carbon footprint then choosing a 100% renewable energy plan will be a great way to do it.
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