Compare electricity plans in Laredo, Texas
Laredo, Texas, has the third-highest population among cities on the border between the U.S. and Mexico with over 236,000 residents, according to the 2010 census. Because of its location, Laredo’s economy is driven by international trade with Mexico. Trade, transportation and utilities make up nearly one-third of the labor market.
With about 56,200 occupied households in Laredo as of 2010, owner-occupied housing units outnumber rental units by about 20%. The average household size is 3.69, with 35.5% of the population under the age of 18 and 29.5% of the popular between the ages of 25 and 44. While the median household income for Laredo is about $32,000, over 29% of families live below the poverty line in the most economically segregated smaller metro area in the U.S.
But with Laredo named the second fastest-growing city in the country (behind Las Vegas) by the U.S. Census Bureau, the housing market is quite competitive. About 93% of all housing units were occupied in 2010, making Laredo quite the sellers' market.
Fun fact: Laredo's Washington's birthday celebration each February is the largest annual celebration of its kind, attracting 400,000 attendees.
Choosing a retail electric provider servicing Laredo, TX
How does your household use electricity? That's one of the first things you should know when you compare electricity rates between retail energy companies in Laredo. The city of Laredo used an Energy Efficiency and Conservation Block Grant to increase energy efficiency at the municipal level, but what do you pay when it comes to your residential electric bill?
Electronics, appliances and lighting account for about 41% of your energy costs.
Laredo's hot semi-arid climate means that you probably pay more in air conditioning costs than your fellow Texans, who can expect about 18% of their electric bill to go toward keeping their homes cool. During drought conditions when the water conservation ordinance is in effect, you’ll likely end up paying less to heat your water. Your consumption may vary, but the average household in Texas pays $1,801 in energy costs, which is 26% higher than the national average but quite comparable to other warm-weather states.
Average temperature and electricity use in Laredo, Texas
You should always consider an area’s extreme temperatures when comparing retail electric providers. In Laredo, Texas, the annual average temperature is 74°F. With the Sierra Madre Oriental Mountains on one side and the Gulf of Mexico on the other side, Laredo’s average annual high of 85°F and average annual low is 63°F. The summer months can have an average high of nearly 100°F, while the winter months can have an average low of 50°F. Cooling costs end up being higher, accordingly.
Manage your energy budget with a fixed-rate plan
What do Laredo, Texas retail electricity providers include in their bills? The cost of electricity supply, your utility’s transmission and distribution charges, and any recurring fees and taxes based on average kWh are all included in your bill. Other fees may be added, so check with any energy suppliers in Laredo ahead of time so there are no surprises on your bill.
What rate plans are available from retail electric providers for Laredo, TX? StarTex Power, named the top-ranked Most Trusted Texas retail electric provider from Cogent Reports, offers both a variable plan and a fixed-rate plan. With a fixed-rate plan, you pay a fixed rate per unit of energy every month for the life of your contract. What does that mean? That means that you have the choice to lock in a single, fixed rate per unit of energy you use so you always know exactly what to expect of your rate on your monthly bill. The variable plan allows for a fluctuating rate without locking into a contract term.
Is online account management available from StarTex Power? It certainly is. Use the StarTex Power MyAccount portal to view your account and usage history, pay your bills, set up auto pay and more. You'll see why StarTex Power provides customer service that will rival that of any of the other retail electric providers in Laredo, TX.
Get started today!
StarTex Power, Constellation’s brand in Texas, is ready and waiting to meet your energy needs. Contact us to get started today!