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34 How To Read Electricity Facts Label



After all most of us dont automatically read nutrition labels before purchasing food at the grocery store. Whether this is your first time shopping for an electricity plan or youve signed up for your fair share of electricity plans reading and understanding an efl can.

Infographic Nutrition Facts Labels 101

However an efl is critical to selecting an energy plan thats correct.

How to read electricity facts label. An efl or electricity facts label is a required document that breaks down every aspect of a retail energy providers plan. Youll know exactly what to expect once youve read and understood this important document. When choosing an electricity plan the electricity facts label efl sheet might not seem that important at first.

The efl will show the average electricity rate you will pay at certain usage levels. This is where the company will list the date of the start of your contract the name of your provider and the type of plan that you have signed up for. Quick tips on shopping for a plan.

This is why learning to read and understand an electricity facts label efl is so important for texas electricity customers. An electricity facts label efl is a document describing the details of a plan. The efl should indicate the contract length along with the amount.

It will also show you other information like green percentage base monthly charges and an early termination cancellation fee. The first thing you will see on any electricity facts label is the heading. This area shows the price of the plan including the energy rate per.

When shopping for energy plans. If youre in the market for a new texas electricity plan chances are youve come across an electricity facts label also referred to as an efl. A guide to understanding your deregulated electricity options.

This is a pretty self explanatory area of the efl but it is important. Other key terms and questions. Any electricity facts label should contain the following information.

Sources of power generation. Your electricity plan may be great until it isnt or it could cost you an arm and a leg to leave it behind. What is an electricity facts label.

How to read an electricity facts label electricity price. In the brief second section the other key terms. The efl should display the average cost of electricity in cents per kilowatt hour.

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