Unlike many other places, people who live in Granbury have the power to choose their electricity provider. Competition has been great for the Texas electricity market. When electric companies compete to offer the lowest electricity rate, it’s the consumers that come out as the winners.
Both new arrivals and long term resident of Granbury can benefit from comparing electricity providers.
Finding the cheapest residential electricity rate in Granbury is not always an easy task. It helps to get all the information from the leading electricity providers in one place so that you can compare all the plans and rates across multiple providers.
The Vault electricity rate comparison tool is built with your needs in mind. Aside from the lowest electricity rate, there are many other factors that could impact your decision on who to choose to as your light company.
Our comparison tool allows you to filter for plans that meet your needs. This may mean filtering for only, no deposit electricity plans, green energy plans or filtering for only 12 month electricity plans or only No Deposit Electricity plans.
Keep reading to learn more about how to select a plan that works best for you. Or, enter your zip code above and begin your search now.
Featured Electricity Rates In Granbury, Texas
Available Now – No Deposit Electricity In Granbury
If you are reading this, chances are you have been asked to pay a deposit by one or more electric company. This is very common in Texas where electric companies routinely run credit checks before starting service. There are some ways you might be able to avoid paying that large deposit.
Every electricity provider is free to maintain their own set of credit requirements, but you can get electricity with no credit check. They are not required to ask for a deposit, but they are required by the PUC to offer a deposit waiver if the customer falls under certain categories. If you have been asked to pay a deposit by one electricity provider, you can always try another one. The second company could offer you a no deposit electricity plan or they could require for a smaller amount.
If any of these fit your circumstances, you may be eligible to avoid a deposit:
– You’re 65 years or older and not behind in payment with another electric provider
– Have recent history (past 24 months) of on-time payment with another electric provider
– Are medically indigent
– Have been a victim of family violence
If any of these apply to you, you will have to provide proof to the electric company to obtain your waiver.
Top Granbury Electricity Rates From Each Provider
|Electric Company||Plan Name||Electricity Rate|
|Frontier Utilities||Best Value 12||5.1¢/kWh|
|4Change Energy||Maxx Saver 12||5.9¢/kWh|
|Gexa||Saver Supreme 12||6.8¢/kWh|
|4Change Energy||Free Energy 12||6.9¢/kWh|
|Cirro Energy||Smart Value 12 Online||8.3¢/kWh|
|Direct Energy||Live Brighter 12||11.4¢/kWh|
|First Choice Power||You Got This 24||11.3¢/kWh|
|TXU||Clear Deal 12||9.9¢/kWh|
|4Change Energy||Easy Saver 12||7.9¢/kWh|
|Gexa||Saver Deluxe 12||5.1¢/kWh|
|Green Mountain Energy||Pollution Free e-Plus 24 Preferred||11.0¢/kWh|
|Reliant||Secure Advantage 12||11.8¢/kWh|
|Payless Power||SmarTricity Premier 12||13.6¢/kWh|
For a more detailed realtime rate comparison enter your zip code at the top of the page. Our rate comparison tool lets you see all providers and rates. You can filter by term length, usage level, green energy plans, no deposit plans and get you them most up to date pricing. The rates listed above are for the 1,000 kWh usage level. More Information on any of these plans >>>
Prepaid Electricity Plans – A Smart Alternative
Prepaid electricity plans are very popular in Texas because they are so easy to get started with. They are a great way to get electricity with no deposit and no credit check. They work just like a prepaid cell phone or a debit card. We have some options for prepaid electricity that might work for you. Call us at 855-564-1181.
Why Do the Granbury Electric Companies Have to Run Credit Checks?
The business of electric companies in Granbury is to buy electricity wholesale and resell it to consumers. In the process they take on pricing risk and allow more predicable pricing for the end user. Since they must pay the power plants for the electricity they buy of the grid on behalf of their customers, they want to make sure they are going to get paid on the other end.
That’s where credit checks come in. These types of credit check don’t impact credit score but they will help the provider decide if a deposit is required. A very high percentage of people who enroll in an electricity plan are asked to pay a deposit.
It is up to each company to set its own credit thresholds. So, if you are asked to pay a deposit with one provider, you may have better luck with another one.
What Do the EFLs of the Granbury Electricity Plans Tell Me?
Every electricity plan listed for sale in Granbury must have a document called the Electricity Facts Label (EFL). Just like a nutrition label, the EFL lets you know what’s included in your electricity plan. It tells you how much of your electricity will come from green energy sources, what the cancelation fee is and what the contract length is.
More importantly, the EFL will contain all the information you need to know about the plan and will show you the rate formula that is used to calculate your energy bill at the end of each billing cycle. Every plan marketed in Texas must publish an average all-in rate for three benchmark usage levels: for 500 kWH, 1000 kWh, and 2000 kWh per month. At the top of the EFL you will find a list of each of these benchmark average electricity rates.
The EFL will list every cost, fee, rate, and credit included in your electricity bill, so you can understand how the average rate is calculated.
It will list any bill credits or fees that may apply within certain usage ranges for each billing cycle. Credits that apply only within certain narrow ranges of kWhs in usage can make the published electricity rates only theoretical if you are not likely to have your electricity usage fall within that range.
You can also read the EFL to learn about the other fine print that comes along with the plan. Every plan listed on Vaultelectricity.com will have an EFL link.
You will notice that commercial electricity plans do not have EFLs.
Granbury Electricity Providers
Granbury, Texas – Information Other than Electricity Rates
Granbury has a population of 9,900, making it the 234th largest city in Texas. It is the county seat of Hood County, and is in Central Texas. The city was first founded in 1887 as a log cabin courthouse. Peter Mayhew, the actor who played Chewbacca in Star Wars, lived in Granbury at one point of his life. For things to do in the area, Lake Granbury is an excellent place to explore and relax; in addition, Granbury City Beach Park is a similar destination with equally satisfying sights. And if you are in the mood for a drive, Fort Worth is only 33 miles away, so there are always options. Another notable mention is the Granbury Opera House.
The cost of living in the city is higher than average due to housing, healthcare, and transportation. The wages earned are below average, but the poverty rate is only about 10%, suggesting that there is still a lot of opportunity in the job market–there has been recent growth according to the data.
For educational attainment, about 91% of people over the age of 25 have earned their high school diploma and 27% a Bachelor’s degree or higher.
Oncor Is the Utility Company to Call When a Power Outage Happens
TXU/Oncor Contact Information:
For power outages in Granbury Texas, please call Oncor at 1-888-313-4747. To have underground lines located prior to digging in Granbury Texas, call 1-800-344-8377. To view Granbury Texas outage maps, click here.
Smart Meter Information:
For information on the smart meter program in Granbury Texas, click here.