Electricity Plan Comparison & Savings Calculator
See what a lower electricity energy rate could mean for your budget. Compare your current plan with a new plan, include early termination fees, estimate usage, and see your potential savings before you switch.
Find Your Exact Texas Service Location
Use Energy Ego's ESIID search to identify the exact meter, service address and delivery company before comparing plans.
| ESIID | Service Address | Delivery Company | Status | Premise |
|---|
1. Your Current Electricity Plan
Use your latest bill and Electricity Facts Label (EFL) when possible.
2. Plan You Are Considering
Enter the comparable energy charges from the new plan's EFL.
3. Estimate Your Electricity Usage
Your own 12 months of usage is best. If you don't have it, use a recent bill or a general seasonal estimate.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Estimated savings over 12 months
| Comparison | Current Plan | New Plan |
|---|---|---|
| Energy rate | — | — |
| Recurring plan charges | — | — |
| Estimated energy + recurring cost | — | — |
| Switching / one-time costs | $0.00 | — |
| Estimated comparison total | — | — |
Important Delivery Charge Disclaimer: This Energy Ego comparison is designed to analyze the retail energy rate you enter and the retail-plan costs shown in this calculator. Transmission and distribution utility (TDSP/TDU) delivery rates are not included in this savings analysis. Delivery rates are established by the local delivery company and approved by the Public Utility Commission of Texas (PUCT). For the same service location, Texas customers pay the applicable delivery-company charges regardless of which retail electric provider they choose. Actual bills may also include taxes, usage tiers, bill credits, minimum-usage fees, time-of-use pricing, demand charges and other Electricity Facts Label (EFL) terms. This calculator provides an estimate, not a quote or guarantee; review the applicable EFL before making a decision.
Texas Electricity Market Snapshot
Current ERCOT grid conditions provide useful context for Texas electricity customers. These wholesale-grid conditions do not change the retail energy rate entered in the calculator above.
How Much Can a Lower Electricity Energy Rate Save?
At 2,000 kWh of monthly usage, even a small reduction in the retail energy rate can add up. These examples compare energy charges only and intentionally exclude delivery charges.
| Lower energy rate by | Monthly savings at 2,000 kWh | Estimated annual savings |
|---|---|---|
| 0.5¢/kWh | $10 | $120 |
| 1.0¢/kWh | $20 | $240 |
| 2.0¢/kWh | $40 | $480 |
| 3.0¢/kWh | $60 | $720 |
| 5.0¢/kWh | $100 | $1,200 |
Example formula: monthly kWh × energy-rate reduction. Actual savings depend on usage, plan fees, ETF, bill credits and other EFL terms. TDSP/TDU delivery charges are not included because the applicable delivery charges remain tied to the service location and delivery company.
How to Tell if Switching Electricity Plans Can Save You Money
A lower advertised electricity rate does not automatically mean a lower total bill. A useful comparison looks at your expected kWh usage, the energy rate, recurring retail charges, the time period you are comparing and any cost to leave your existing contract. Energy Ego's calculator brings those items together so you can estimate the dollar impact of switching. You can also search by Texas service address or ESIID to tie the comparison to the exact electric service location.
Why a Few Cents per kWh Can Matter
Electricity rates are commonly expressed in cents per kilowatt-hour. A difference of 3¢/kWh across 18,000 kWh of annual usage represents about $540 in annual energy-charge difference before other plan charges. That is why comparing rates against your actual usage is more useful than looking at the rate alone.
What About Texas Utility Delivery Charges?
Energy Ego does not include transmission and distribution utility delivery rates in this savings analysis. Your local delivery company (TDSP/TDU) delivers electricity to the property and maintains the poles, wires and meter. Its delivery rates are set by the delivery company and approved by the Public Utility Commission of Texas (PUCT). When you change retail electric providers at the same service location, you remain with the same delivery company, so the applicable delivery charges are the same regardless of the retail electric provider you choose. Because those delivery charges do not change when you switch providers at the same address, this calculator focuses on the retail energy rate and retail-plan costs that can change. Learn more with Energy Ego's Texas utility lookup and Electricity Knowledge Base.
Electricity Plan Comparison FAQs
How do I compare two electricity plans?
Compare the energy rate, recurring supplier charges, expected usage, the period you expect to remain on the plan and any early termination or switching costs. Then review both EFLs for bill credits, minimum-usage rules, time-of-use pricing and other terms.
Can paying an early termination fee still save money?
Yes, potentially. If the savings from the lower plan exceed the fee and other switching costs, switching before your contract ends may still produce net savings. The break-even result above estimates how long it takes to recover the entered switching costs.
Should I use my advertised average price or energy rate?
For this calculator, use the actual energy charge in ¢/kWh plus recurring retail plan charges. An EFL's average price can include other components and assumptions, so mixing an average price with separate fees can double-count costs.
Does this calculator include utility delivery charges?
No. The headline comparison intentionally focuses on entered retail energy and plan charges because the same utility normally continues serving the address after a retail provider switch. Always review delivery charges and the complete EFL when estimating the final bill.