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Electricity rates in Texas are rising due to growing demand, supply chain issues, and regulatory shifts. To prevent future price surges, consumers should lock in a plan now. Fixed-rate plans provide financial stability, making it simpler to manage monthly expenses. Explore 6, 9, 12, 14, 18, 24, or 36-month plans, as each term length has different pros and cons. Compare offers from different providers, considering contract length and rate per kilowatt-hour, and check for hidden fees to select the best plan.