It’s complicated to calculate the math for each plan, but we’ve done it for you. This is why comparing energy plans with your home’s usage history is vital when shopping. You will not use the exact advertised usage every month. Since the advertised “price per kWh” is based on specific usages, like 2000 kWh, it is misleading. The “price per kWh” can only be calculated by dividing your monthly bill by usage. Shopping for electricity plans in Texas is not the same as gasoline.Īdvertised “price per kWh” is based on a specific usage amount (usually 500 kWh, 1000 kWh, or 2000 kWh).įurthermore, each plan’s monthly bill is calculated differently. Pumping 10 gallons at $3 per gallon will cost you $30. The price of gasoline, for instance, is the same no matter how many gallons you pump. The key to avoiding overpaying is knowing your expected usage and comparing the rates for each plan. Air conditioning and heating costs can vary and often account for up to 50 percent of your home’s energy use during different seasons.įactors such as size of your home, weather, construction, heating and cooling equipment type, insulation, and family living habits will influence your actual usage. The approximated monthly usage is based on an average over 12 months.
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