Round Rock Electricity Rates

Contents

1 Round Rock Electricity Rates
2 Round Rock Energy Choice
3 What will Change on my Electric Bill?
4 Oncor is the Utility Company that Operates in Round Rock
5 Contact Oncor for Power Outages
6 Choosing a Retail Energy Provider
7 What is the Electricity Facts Label?
8 Energy Rate Products offered by Providers
9 View by City
10 Clean Energy
11 Electricity Rates

Round Rock electricity rates are deregulated, and residents of the city are allowed to shop for a competitive supply rate from a Retail Energy Provider (REP). Unlike Austin, the city’s neighbor to the south, Round Rock is just one of many electricity markets in Texas to benefit from a 2002 legislation designed to restructure the energy market. Thanks to energy choice, residential and business customers in Round Rock are enjoying lower electricity rates.

Round Rock is part of the Austin metropolitan area with a population estimated to be around 130,000. The city is rapidly growing mostly due to an influx of tech companies relocating to the Austin area. As the city of Austin’s real estate market is pushing new highs, many are seeking more affordable housing on the outskirts of the city. Round Rock is just one of the many cities around Austin adjusting to this new growth.

Round Rock Energy Choice

If you’re reading this, the chances are good you recently moved to Round Rock from an area that was regulated. The chances are better you moved to Round Rock from Austin to escape the high real estate prices. In Austin you don’t have a choice to choose a competitive energy provider, you must go through Austin Energy. However, Round Rock’s energy market is deregulated, and the customer has the option of lowering their electric bill by choosing a competitive energy provider.

What will Change on my Electric Bill?

The electric bill is separated into two parts that include the delivery charge and the supply charge. If you change Retail Energy Providers, the only thing that will change on the electric bill is the lower supply rate that you will pay! The utility bill will incorporate both the delivery and supply charges. This method of billing is known as single billing and is the most common and often preferred method.

Delivery Charge – The delivery charge in Texas is known as the Transmission and Distribution Utility (TDU) charge. This is the regulated portion of the electric bill. The customer will not be able to shop around for this portion of the electric bill. The delivery charge is the cost the utility company charges to maintain the infrastructure to safely deliver the electricity to the point of service, whether it’s a home or business. This charge is overseen by the Public Utility Commission of Texas.

Supply Charge – The supply charge is also known as the generation charge and represents the deregulated portion of the electric bill. The supply charge is the cost the Retail Energy Provider (REP) charges the customer for supplying the electricity the customer is estimated to use during the term of a contract. The source of generation can come from conventional methods such as natural gas, coal, nuclear power, or renewable sources such as wind, solar, and hydropower.

Oncor is the Utility Company that Operates in Round Rock

Oncor is the utility company that maintains the lines and wires in Round Rock. If you live in Round Rock, you can expect the electric bill to come from Oncor. They are the company that is responsible for the delivery charge. This is the regulated portion of the electric bill. Given the logistics involved, the customer will not be able to choose another utility company.

Contact Oncor for Power Outages

If you change energy providers and experience a power outage or a disruption of service, then you will need to contact Oncor. Since Oncor is in charge of the infrastructure, they will be responsible for resolving any power outages their customers experience.

Contact Information: 1-888-313-4747

Choosing a Retail Energy Provider

Texas is home to over 500 energy companies and many Retail Energy Providers that supply services throughout the state and country. Round Rock residents have no shortage of suppliers to choose from. When shopping for a supplier there may be a few questions you need to ask yourself. The customer needs to read and understand the Electricity Fact Label (EFL) before enrolling. Energy providers in Texas are required to provide an EFL for every plan they offer.

What is the Electricity Facts Label?

The Electricity Facts Label will inform the customer of the details of the energy plan. The details will include the energy charge per kWh the customer will pay. It will also inform the customer of the term length of the plan along with any cancellation fees the customer can expect to pay if the contract is terminated before the expiration date. Understanding these details can save you from headaches in the future.

Energy Rate Products offered by Providers

Energy providers offer a variety of products for customers to choose from. The two most common products are the fixed-rate plan and variable-rate plan. Most residential customers qualify for these two product plans. Large commercial companies and industrial size users can benefit from other plans such as Index and Block Pricing. These types of plans are reserved only for large businesses so residential customers will not qualify.

The chart below will show the pros and cons of each product plan.

Electric Rate Products	Pros	Cons
Fixed Rate	Remains fixed through duration of term Protects against market volatility Available to both commercial and residential customers	Might pay higher rate if energy market drops Comes with cancellation fee
Variable Rate	Most plans have no cancellation fees Available to both commercial and residential customers	Can easily double or triple in price Supplier can increase rate at their sole discretion
Index Rate	Historically lower than fixed rate plans Can be switched to a fixed rate plan without penalty Tied directly to the wholesale price of electricity	Exposure to market risk Only offered to large industrial size users
Renewable Energy Rates	A clean alternative solution Reliable source of power Available to both commercial and residential customers	You may pay a high premium More expensive than coal