How To Understand Electricity Facts Label

Learning to read an efl is similar to learning to read the nutritional labels on the back of food items.

How to understand electricity facts label. An efl or electricity facts label is a required document that breaks down every aspect of a retail energy provider s plan. Every texas electricity plan has an electricity facts label. Keep this list handy so you can refer to it while you search for your texas electricity provider. Electricity choice is great but it can sometimes be hard to compare one plan or electricity company to another.

Whether this is your first time shopping for an electricity plan or you ve signed up for your fair share of electricity plans reading and understanding an efl can be difficult. How to read an electricity facts label. First understand that kwh means kilowatt per hour. A guide to understanding your deregulated electricity options.

Your electricity plan may be great until it isn t or it could cost you an arm and a leg to leave it behind. You ll know exactly what to expect once you ve read and understood this important document. This is why learning to read and understand an electricity facts label efl is so important for texas electricity customers. Any electricity facts label should contain the following information.

Understanding it can help you find the right electricity plan and make sure you don t incur any unexpected costs. An electricity facts label efl is a document that outlines all the specific details of a texas electricity plan including the price contract length and fees. Every electricity facts label will be different depending on the individual provider. The efl will show the average electricity rate you will pay at certain usage levels.

However most labels are directed into several different sections and organized in a similar manner. Now that you know what an electricity facts label is it s important to know the meaning of the components in the efl sheet. Electricity facts label explained july 26 2018 by gabi itzler. If you re in the market for a new texas electricity plan chances are you ve come across an electricity facts label also referred to as an efl.

1 average price per kwh. When you can interpret this document shopping for affordable texas electricity plans becomes much easier and faster. An electricity facts label efl is a document describing the details of a plan.