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How to read an Electricity Facts Label (EFL) in Texas

Every Texas electricity plan has an Electricity Facts Label (EFL), a standard disclosure that shows the average price at 500, 1,000 and 2,000 kWh a month, whether the price is fixed or variable, the contract term, any cancellation fee and the renewable content. Read the price breakdown and the fine print about credits or minimum-usage charges, not just the 1,000 kWh price.