Shyne Energy

Have you ever felt your electricity bills are skyrocketing faster than a rocket ship? You’re not alone. Most everyone in the country is feeling the burden of rising energy rates. But if you live in Texas or any state with deregulated electricity, you have one excellent option to slash those pesky bills. That’s even if you don’t lower your power usage. 

The solution? Choosing an energy company with an affordable per kWh rate. The great news is that the deregulation of the electricity market allowed the entry of several electric companies into the power game. In turn, competition drives these companies to lower their rates as much as possible. 

Shyne Energy is one of the energy providers operating in Texas. If you’re thinking of switching electric companies to get the most bang for your buck, it could be a great choice for you. Let’s see why this company is worth your attention when you make your short list of go-to energy providers.   

Shyne Energy

Shyne Energy is a part of Enertrade Electric LLC, which started in 2014. Enertrade Electric is a retail energy provider in Texas that sells electricity to homes and businesses in the state.

In 2018, Zenergy Brands Inc. bought Enertrade Electric. Zenergy Brands is a company that specializes in energy-saving products and services. Due to the acquisition, Shyne Energy became part of Zenergy Brands Inc. 

This power provider is active in the Electric Reliability Council of Texas (ERCOT) market. It offers some of the more competitive energy rates in the area, thus giving consumers a chance to lower their energy bills. 

Electricity Rates

Shyne Energy is a Houston-based power provider that covers the deregulated areas of Texas. The company was certified by the Public Utilities Commission of Texas (PUCT) in 2014, and since then, it has been helping customers reduce their energy expenses while receiving excellent customer service. 

Shyne Energy rates are some of the most competitive in Texas. Still, it’s always a good idea to compare to ensure you make the best choice for your power usage level and habit. This will help curb the cost of running those gadgets and electrical devices in your home.

Here are the energy rates of some power providers in Texas. Shop around to get the best deal, and remember to check for gimmicky prices and hidden fees. 

Electricity Plans

Deregulation in Texas has opened the floodgates for various energy companies to enter the market, Shyne Energy being one of them. This led to competition, which can be great for consumers as it drives providers to offer innovative plans, attractive pricing, and additional perks to attract business and residential customers.  

To get the most benefits from a deregulated energy market, you’ll need to understand the different plans available to you. This knowledge lets you make informed decisions about your energy usage and costs.  

Let’s dig into the various energy plans offered by Shyne Energy and other power providers in Texas so you can make intelligent choices, save money, and maybe negotiate for a better deal.  

Fixed Rate

Do you want a predictable per kWh energy rate? Then a fixed-rate electricity plan is the way to go. With a fixed-rate Shyne Energy plan, you pay a set rate per kWh throughout your contract. So regardless of any fluctuations in the energy market, your rate remains the same throughout the duration of the plan. 

Opting for a Shyne Energy fixed-rate plan will give you stability and peace of mind, as you won’t have to worry about sudden hikes in your energy bills. Even if the price of electricity on the market surges, you won’t feel the impact and will continue to enjoy the affordable Shyne Energy rates you signed up for. 

While fixed-rate plans do have their perks, they also come with some downsides you need to consider. One of the main drawbacks of a fixed-rate plan is its lack of flexibility. When you sign up for one, you’re locked in for a specified period, so you won’t be able to switch to another plan or company. As such, you won’t be able to take advantage of any downtrends in market prices.   

Fixed-rate plans also often require you to pay an early termination fee if you end the contract before it expires. That means additional costs if you want to change providers.

Bill Credit

Shyne Energy bill credit plans usually give you credit on your bill if you use a certain amount of energy. To know the specific amounts, you should carefully read the Electricity Facts Label (EFL).  

Usually, this type of plan has a lower advertised average rate than a comparable fixed-rate plan from the same provider. However, that only applies if your energy usage falls within a specific range. How much you pay can be higher or lower depending on how much energy you use vis-a-vis the fixed-rate plan.  

If you have trouble determining your energy usage each month or find it a hassle to keep track of your consumption, you’ll likely miss out on saving money with this type of plan. In such instances, a fixed-rate plan may be the better option. Moreover, the average rate of a bill credit plan tends to change more from month to month compared to a similar fixed-rate plan.  

Tiered Rate

Shyne Energy’s tiered rate plans charge a fixed dollar price for a certain amount of electricity you use, but only up to a specific limit. If you exceed that usage limit, you will have to pay more.

Some tiered rate plans charge extra for each kilowatt-hour of electricity used beyond the cap. Meanwhile, other plans of this type add another fixed dollar amount to your bill for additional usage up to a second cap. Like a bill credit plan, reading the EFL lets you understand how your typical electricity usage aligns with the plan’s usage limits.  

The average rates for this type of plan can vary significantly from month to month. The variation depends on how much electricity you use and the specific limits the energy plan sets. 

Prepaid Plans

Do you hate undergoing a credit check or putting down a deposit before you get electricity service? Then, a Shyne Energy prepaid plan could work for you. This plan type suits credit-challenged customers or those needing to stay on top of their electricity expenses.

With this type of plan, you won’t have to pay a deposit or undergo a credit check. Instead, you place a specified amount on your account, usually between $20 and $80, to get electric service. The amount corresponding to your consumption gets deducted from the money in your account, and you’ll need to top it up when it reaches a certain level. 

Although this plan type lets you sidestep the hassle of a credit check, it has its downsides, too. It often comes with higher per kWh rates, and you’ll have to monitor your balance to avoid having your service turned off. 

Service Areas

Shyne Energy is a prominent electricity company operating in the state of Texas. With a solid commitment to providing reliable and affordable energy solutions, it works in a wide range of service areas across Texas, ensuring that residents and businesses have access to efficient electricity services. 

The company’s service area includes cities and suburbs under the following utility providers in Texas.
 

• AEP Texas: Covers northern and central Texas. This includes cities such as Abilene, Corpus Christi, Laredo, Brownsville, and McAllen. 
• Texas-New Mexico Power (TNMP): Serves the areas in the Gulf Coast, North-Central, and West Texas, such as Pecos, Midland, Dickinson, and Lewisville. 
• CenterPoint Energy: Operates in the Houston metropolitan area and surrounding communities. These include Cypress, Katy, and Baytown. 
• Oncor Electric Delivery: Serves the areas of Fort Worth, Dallas, and Waco. 

Customer Service

Shyne Energy strives to provide prompt and helpful solutions to its customers. If you need assistance, you can reach them through the following means:

• Phone: (832) 932-9239 

From Monday to Friday

• Email: info@shyneenergy.com

Bill Payments

Paying your bills is probably not the most exciting part of your day, but don’t worry, Shyne Energy tries to make it as straightforward and painless as possible. You have several options for settling your account.

• By phone, using the Shyne Energy customer service number
• Pay online by logging in to your account
• Sign up for a Shyne Energy online account with recurring or one-time payment features
• By check mailed to Shyne Energy, P.O. Box 670412, Dallas, TX 75267-0412

How to Switch to Shyne Energy?

If Shyne Energy meets your criteria, you can easily switch to the company. Fortunately, the process is a breeze. Just follow these steps. 

1. Research Shyne Energy: Take a moment to visit Shyne Energy’s website or give them a quick web search. Review their plans, electricity rates, and any special offers they might have. It’s always a good idea to compare their rates with your current electricity provider to make sure you’re getting a good deal. 
2. Contact Shyne Energy: Once you’re convinced that Shyne Energy is the right fit for you, it’s time to contact them. You can give them a call or send an email. Their customer service team will be more than happy to assist you with the switch. 
3. Provide necessary details: Shyne Energy will need your information to initiate the switch. They’ll ask for your name, address, contact information, and possibly details about your current electricity service. This helps ensure a smooth transition from your current provider. 
4. Choose a plan: Shyne Energy will present you with a range of plans to choose from. Take your time to review them and select the one that best suits your needs. Consider factors like pricing, contract terms, renewable energy options, and any other features important to you. Fixed-rate, variable-rate, and tiered plans all have their set of pros and cons. 
5. Confirm the switch: Once you’ve selected a plan, confirm your decision with Shyne Energy. They may ask you to provide additional information, such as your meter number, to facilitate the switch. Make sure you understand the terms and conditions of the plan you’ve chosen before proceeding. 
6. Wait for the switch: After confirming the switch, Shyne Energy will handle the rest for you. They will coordinate with your current electricity provider to ensure a smooth transition.  

Conclusion

Shyne Energy is the real deal when it comes to electricity companies. They have the power to light up your world and keep it shining bright. 

The cost to keep your appliances humming and your devices running can make a significant dent in your budget, so it makes sense to look for a company with affordable rates. Shyne Energy is one such power provider. 

But don’t take our word for it. Compare their per kWh prices with that of other electric companies to ensure you keep your energy expenses down by switching to them.  

Updated on 06-26-23