What to know about electricity rates in Forest Hill, TX

  • Forest Hill residents pay 13.45 cents per kWh while the average national rate is 16.08 cents
  • The cheapest electricity rate is 7.63 cents per kWh for Forest Hill residents
  • You can shop rates from 34 available providers in Forest Hill

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Best Forest Hill, TX electricity rates

In the city of Forest Hill, you can find electricity rates that range from 7.63 cents to 42.81 cents per kWh. The best electricity plans in Forest Hill for you depend on how much power you use and when you use it. Comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Forest Hill.

What is the cheapest electricity company in Forest Hill, TX?

Provider Service Rate (¢/kWh)
Southern Federal Power Bundled 7.67
YEP Energy Bundled 8.62
APG&E Bundled 9.05
Champion Energy Services Bundled 10.12
Hudson Energy Bundled 11.56
Alliance Power Bundled 11.80
Wolverine Alternative Investments Bundled 12.24
Brooklet Energy Bundled 12.41
Evolve Energy Bundled 12.48
Heritage Power Bundled 13.48

Because Texas has a deregulated electricity market, Forest Hill residents have the flexibility to shop around for a cheaper electricity bill. Many states don’t offer this choice. If you’re looking to reduce your energy bill, consider switching to a different provider or plan. Forest Hill electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.

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Average cost of electricity in Forest Hill, Texas

According to our data, the average electricity rate in Forest Hill is 13.45 cents per kWh. This equates to an average residential bill of $154.67 per month. Our data also shows the average resident in Forest Hill uses 1,150 kWh per month. Below, you can see how Forest Hill's electricity rates compare to the averages in Texas and the United States.

Rate Usage Bill
Forest Hill Average 13.45¢ 1,150 kWh $154.67
Texas Average 15.37¢ 1,268 kWh $170.58
United States Average 16.08¢ 871 kWh $140.10

Since the average price is 13.45 cents per kWh or $154.67 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Forest Hill, Texas depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.

Best electricity plans

We've analyzed the prices, terms, and conditions of popular Forest Hill electricity plans. Below are our picks for the best residential plans in the state.

Provider Contract Term Rate Plan
12 months 11.9¢/kWh See Plan
12 months 12.9¢/kWh See Plan
12 months 13.9¢/kWh See Plan
12 months 14.8¢/kWh See Plan
12 months 15.4¢/kWh See Plan
24 months 15.8¢/kWh See Plan
24 months 16.4¢/kWh See Plan
6 months 17.8¢/kWh See Plan
12 months 17.8¢/kWh See Plan
See All Plans

Compare Forest Hill electricity providers

There are 34 electricity providers in Forest Hill, TX. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.

Residential Electricity Providers in Forest Hill

Provider Service Type Rate (¢/kWh) Bill
Southern Federal Power Bundled 7.67 $113.63
YEP Energy Bundled 8.62 $82.71
APG&E Bundled 9.05 $122.44
Champion Energy Services Bundled 10.12 $125.00
Hudson Energy Bundled 11.56 $148.00
Alliance Power Bundled 11.80 $149.10
Wolverine Alternative Investments Bundled 12.24 $234.25
Brooklet Energy Bundled 12.41 $118.90
Evolve Energy Bundled 12.48 $173.52
Heritage Power Bundled 13.48 $164.57
Showing 10 of 34 providers

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Business electricity rates in Forest Hill, TX

Commercial rates are typically cheaper than residential rates in Forest Hill, Texas because businesses consume a lot of energy. This means they get a volume discount on electricity. Think about how much power a corner store might use to run HVAC, refrigeration, security systems, lighting, and computers. It adds up. Our data shows the average business in Forest Hill pays 7.78 cents per kWh for electricity and has an average bill of $87,758 per month. They also use 11,282 kWh per month, which is a big increase from the residential average of 1,150 kWh.

Rate Usage Bill
Forest Hill Average 7.78¢ 11,282 kWh $877.58
Texas Average 8.77¢ 8,927 kWh $782.71
United States Average 12.05¢ 5,603 kWh $675.03

Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.

Best commercial electricity plans

Below are the top commercial electricity plans in Forest Hill, Texas.

Provider Contract Term Rate Plan
54 months 5.066¢/kWh See Plan
48 months 5.074¢/kWh See Plan
42 months 5.159¢/kWh See Plan
36 months 5.179¢/kWh See Plan
54 months 5.215¢/kWh See Plan
48 months 5.224¢/kWh See Plan
54 months 5.234¢/kWh See Plan
48 months 5.243¢/kWh See Plan
54 months 5.248¢/kWh See Plan
48 months 5.257¢/kWh See Plan
30 months 5.302¢/kWh See Plan
24 months 5.303¢/kWh See Plan
42 months 5.322¢/kWh See Plan
54 months 5.333¢/kWh See Plan
42 months 5.342¢/kWh See Plan
48 months 5.343¢/kWh See Plan
36 months 5.344¢/kWh See Plan
36 months 5.364¢/kWh See Plan
42 months 5.372¢/kWh See Plan
54 months 5.385¢/kWh See Plan
36 months 5.397¢/kWh See Plan
48 months 5.399¢/kWh See Plan
42 months 5.433¢/kWh See Plan
54 months 5.453¢/kWh See Plan
36 months 5.454¢/kWh See Plan
48 months 5.466¢/kWh See Plan
54 months 5.473¢/kWh See Plan
48 months 5.485¢/kWh See Plan
30 months 5.488¢/kWh See Plan
24 months 5.490¢/kWh See Plan
18 months 5.505¢/kWh See Plan
30 months 5.508¢/kWh See Plan
54 months 5.509¢/kWh See Plan
24 months 5.510¢/kWh See Plan
48 months 5.521¢/kWh See Plan
42 months 5.540¢/kWh See Plan
30 months 5.567¢/kWh See Plan
24 months 5.572¢/kWh See Plan
36 months 5.573¢/kWh See Plan
54 months 5.579¢/kWh See Plan
30 months 5.583¢/kWh See Plan
24 months 5.584¢/kWh See Plan
48 months 5.594¢/kWh See Plan
42 months 5.599¢/kWh See Plan
54 months 5.599¢/kWh See Plan
48 months 5.613¢/kWh See Plan
42 months 5.619¢/kWh See Plan
36 months 5.630¢/kWh See Plan
12 months 5.637¢/kWh See Plan
42 months 5.641¢/kWh See Plan
54 months 5.642¢/kWh See Plan
36 months 5.649¢/kWh See Plan
48 months 5.658¢/kWh See Plan
36 months 5.668¢/kWh See Plan
18 months 5.725¢/kWh See Plan
18 months 5.746¢/kWh See Plan
42 months 5.746¢/kWh See Plan
42 months 5.765¢/kWh See Plan
36 months 5.780¢/kWh See Plan
30 months 5.783¢/kWh See Plan
18 months 5.796¢/kWh See Plan
24 months 5.797¢/kWh See Plan
36 months 5.800¢/kWh See Plan
42 months 5.805¢/kWh See Plan
30 months 5.829¢/kWh See Plan
24 months 5.840¢/kWh See Plan
36 months 5.841¢/kWh See Plan
30 months 5.845¢/kWh See Plan
18 months 5.847¢/kWh See Plan
30 months 5.850¢/kWh See Plan
24 months 5.851¢/kWh See Plan
24 months 5.860¢/kWh See Plan
12 months 5.868¢/kWh See Plan
12 months 5.890¢/kWh See Plan
12 months 5.934¢/kWh See Plan
30 months 6.008¢/kWh See Plan
12 months 6.011¢/kWh See Plan
24 months 6.022¢/kWh See Plan
30 months 6.029¢/kWh See Plan
24 months 6.043¢/kWh See Plan
30 months 6.060¢/kWh See Plan
59 months 6.070¢/kWh See Plan
24 months 6.075¢/kWh See Plan
59 months 6.083¢/kWh See Plan
58 months 6.088¢/kWh See Plan
60 months 6.088¢/kWh See Plan
54 months 6.089¢/kWh See Plan
48 months 6.098¢/kWh See Plan
60 months 6.100¢/kWh See Plan
58 months 6.101¢/kWh See Plan
47 months 6.111¢/kWh See Plan
57 months 6.118¢/kWh See Plan
53 months 6.120¢/kWh See Plan
47 months 6.124¢/kWh See Plan
57 months 6.131¢/kWh See Plan
53 months 6.133¢/kWh See Plan
18 months 6.138¢/kWh See Plan
46 months 6.138¢/kWh See Plan
18 months 6.139¢/kWh See Plan
52 months 6.141¢/kWh See Plan
See All Plans

How to switch your Forest Hill electricity provider

Three simple steps can help you switch Forest Hill electricity providers while avoiding service interruptions and unnecessary fees:

  1. Review your current plan and usage, checking your contract end date to avoid early termination fees.
  2. Compare providers' rates about 14 days before your contract expires. You'll need your address, driver's license, and Social Security number ready.
  3. Select your new provider, who'll handle the entire switching process, including notifying your current company.

The switch typically takes a few days, and you won't experience any service disruption.

Best time to switch electric companies in Forest Hill, Texas?

While choosing the right electricity provider in Forest Hill is important, timing your switch can also help you save on energy bills.

Here are a few times to consider switching:

  • Spring and fall: Switch during these seasons when electricity demand is lowest, helping you secure better rates.
  • Pre-season planning: Consider switching just before summer or winter to avoid seasonal price spikes.
  • Contract end: Time your switch within 14 days of your contract expiration to avoid termination fees.
  • Promotions: Take advantage of promotions and special offers during low-demand periods.

Remember to review your current contract terms and compare rates from multiple providers before making the switch.

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Forest Hill's deregulated electricity market

When Texas deregulated its electricity market in 2002, the state transformed its energy landscape by splitting the traditional utility model into three distinct segments: generation, transmission, and retail.

Here's how it works for you:

  • Power Generation Companies create electricity and sell it wholesale.
  • Transmission and Distribution Utilities maintain the power lines and infrastructure.
  • Retail Electric Providers (REPs) purchase electricity and sell it to you.

Texas residents can choose from over 170 REPs in competitive areas, which serve about 85% of Texas power consumers. The Public Utility Commission of Texas operates the Power to Choose website, which displays plans and providers in each zip code.

While you select your provider, your local utility company still handles power line maintenance and outages, ensuring reliable delivery to your home.

Types of electricity plans in Forest Hill, TX

The Forest Hill electricity market offers several distinct plan types, each designed to match different consumer needs and preferences.

You'll find four main options:

  • Fixed-rate plans lock in your rate per kilowatt-hour for 6 to 36 months, providing predictable bills and protection from market swings. Most customers choose 12 or 24-month terms.
  • Variable-rate plans fluctuate with market conditions, offering flexibility but higher risk.
  • Time-of-use plans charge different rates based on when you use electricity, with potential savings during off-peak hours.
  • Prepaid plans let you pay in advance without deposits, while specialty options include indexed and renewable energy plans.

Compare Forest Hill electricity rates

Compare Forest Hill electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 8 to 43 cents per kWh across different providers and plan structures. Take the time to read the fine print and do the math to figure out which is your best option.

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Electricity rates for cities near Forest Hill, Texas

Electricity rates for other cities

Forest Hill, TX electricity rate FAQs

What is a good rate per kWh in Forest Hill?

In Forest Hill, Texas, a good electricity rate falls between 12 cents to 14 cents per kWh. Tired of high bills? Shop during spring and fall to lock in lower prices before HVAC use spikes in the summer or winter.

What are electric rates in Forest Hill today?

Forest Hill electricity rates currently average 13.45 cents per kWh, but you'll likely pay between 11 to 15 cents depending on your provider, location, and plan type.

Why is electricity so expensive in Forest Hill, TX right now?

Your Forest Hill electricity costs may be high because of massive grid upgrades and rising natural gas prices. You'll pay more as utilities spend billions on infrastructure while data centers and extreme weather strain the system.

Will electricity get cheaper in the future?

Electricity rates fluctuate due to energy demand, fuel costs, grid infrastructure, and regulatory policies. While short-term declines may occur, long-term trends often show increases due to inflation, grid modernization, and shifts to renewable energy.