How to Choose Your Electricity and Gas Plan

Understanding Prices and Plan Documents

State regulations may require electric and natural gas suppliers to create and display documents detailing information for each of their plans. These documents provide vital insights like the rate, term length, fees and other stipulations. You can use them as tool to help you compare potential costs of a plan against your current bills, and also against other energy plans you may be considering.

In Texas, the Electricity Facts Label (EFL) is required by the Public Utility Commission of Texas as a means of providing the details of electricity plans sold in the state. On an EFL, you'll find the term length, electricity price, whether there is an early termination fee, the rate type and other vital plan information.

On each plan's EFL, you will see a chart that lists the average price for usage of 500, 1,000 and 2,000 kilowatt-hours (kWh) of usage. The best way to use this chart is to compare your average usage from previous bills to the amounts listed in the chart.

Learn more about plan documents.

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