It is heating up outside, and that is a good reminder that you may need to shop around for a new electric plan. We know electric rates tend to go up in the heat of the summer. That’s why you should lock in your rate before they start to go up.

HOUSTON – If you haven’t already received your electric bill for the month of August, prepare yourself. It is typically one of the highest electric usage months of the year and a good reminder that you can lower your electric bill just by shopping for a new electric provider. Electricity prices just dropped this week, and they will keep getting lower as we begin to cool down. You are allowed to switch electric companies within 14 days of your contract end date, but sometimes it pays to switch even if you’re in a contract. When you get free nights and weekends, the retail electric company is usually charging you a higher rate.