Texas Electric Choice
Electricity Plan Types and Options
Fixed Rate Electricity Plan
Fixed rate plans feature set rates that remain the same throughout your contract terms with Bounce Energy. These types of plans can give certainty that your rate will not change during the course of your contract.
- PRO: Your constant rate protects you against rising energy costs during the duration of your contract.
- CON: With your rate locked in, you don't have the ability to take advantage of falling rates when they occur during the duration of your contract.
Variable Rate Electricity Plan
Variable rate plans feature electricity rates that can both rise and fall based on changes in the electricity market on a month to month basis.
- PRO: You can take advantage of rates when they drop month-to-month.
- CON: Your rate may rise from month-to-month, usually during extreme temperature months.
Renewable/Green Energy Plans
Renewable/Green Energy is the term used to describe the type of energy that is considered to be environmentally friendly and non-polluting. Renewable energy is generated from a natural resource such as wind, solar, hydroelectric, geothermal, landfill gas, and biomass.
- PRO: Your energy usage has low impact on the environment.
- CON: Generally, renewable energy is slightly higher priced than that of non-renewable, however, Bounce Energy makes a concerted effort to price our green plans as low as possible for the eco-conscious individuals.
Contracts and Terms
All Retail Electric Providers (REPs) operate differently and use various forms of rate plans. Bounce Energy uses both a no minimum contract period similar to a month-to-month type of plan, while also offering plans with a set contract duration. It is crucial to understand what type of plan you are signing up for before making the decision. Be sure to know what happens at the end of your contract with Bounce Energy and ask questions if you are unsure (1-888-452-6862).
Need more help? Here's a quick video we put together on "What You Should Know When Shopping for Texas Electricity Rates"
More Texas Electric Choice Information:
What is Texas Electric Choice?
Why You Should Switch
The Process of Switching Electric Companies
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