About MyRateReport
What is MyRateReport?
MyRateReport is an independent electricity monitoring service for Texas residents. For $6/month (or $60/year), we watch every available plan in your area every day, calculated against your actual usage data, and alert you when it’s time to switch — including mid-contract opportunities where the savings justify your cancellation fee.
Why We Built This
Texas has a deregulated electricity market with hundreds of plans to choose from. That sounds great in theory, but in practice, providers engineer their pricing to look cheap at the exact usage levels shown on comparison sites. The advertised 9¢/kWh rate often becomes 14¢ or more once you factor in base charges, delivery fees, usage tiers, and seasonal patterns.
Worse, most Texans pick a plan once and forget about it — rolling onto expensive holdover rates when their contract expires, or missing mid-contract savings because nobody told them the market moved. We built MyRateReport to solve both problems: find the right plan using your real data, then watch the market so you never overpay again.
Monitoring IS the Product
This isn’t a one-time analysis you buy and forget. Your subscription includes continuous daily monitoring of every plan in your area against your actual usage. When rates shift, new plans launch, or your contract approaches expiry — you know first.
Our contract renewal notification sequence is a key differentiator: starting 13 days before your contract ends, we send persistent reminders with our top recommendation and full rationale. If you don’t switch and roll onto a holdover rate, we keep reminding you daily until you act. We never let you overpay by accident.
Our Promise
- No affiliate commissions. We never accept referral fees or payments from electricity providers. The cheapest plan for you always ranks first.
- No paid placements. Every plan is ranked purely on cost. No provider can pay to appear higher in your results.
- Your data stays yours. We never sell, share, or provide your data to electricity providers or anyone else. No spam, no calls from providers, no data brokers.
- No Power of Attorney. We never need access to your electricity account. You choose your plan and sign up directly with the provider. You stay in complete control.
- Full transparency. We show you the math behind every recommendation — the rate structure, the fees, the switching cost analysis, the rationale for our pick. You see everything we see.
Half the Price, Full Control
Concierge switching services charge $12/month, require Power of Attorney, and switch plans on your behalf, often without clear explanation of why. You find out after the fact. MyRateReport costs $6/month, shows you every option with full rationale, and lets you decide. We do the analysis. You make the switch.
Based in Texas
MyRateReport is built by Texans, for Texans. We understand the summer heat, the surprise winter storms, and the real impact electricity costs have on household budgets.