Compare and save on electricity in Iowa Park. Vault electricity has been helping people in Iowa Park, TX save on their electricity bills for over 10 years. Here you will find the list of top rated electricity providers in Texas along with all of their best deals on electricity. We’ve put this information together for you all in one place in an easy to use format for comparing providers and finding the cheapest plans.
Enter your zip code you will see a complete list of electricity providers available for your area along with the electricity rates, contract lengths, special features, cancelation fees and other plan information. In Iowa Park, electricity rates can update daily. Our free electricity rate comparison tool is updated continuously with the best rates from the top providers.
Watch Out for The Electric Plans Listed on Power To Choose
Our team are experts at spotting Iowa Park electricity plans that aren’t what they seem. Sadly, there are many “too good to be true” electricity plans advertised on television and elsewhere. If an electricity provider doesn’t met our standards of honesty, stability, and transparency, we won’t list them here. Likewise, there are some electric plans we will not list because they aren’t what they seem. This is done to protect the people who use our free service. If a plan looks too good to be true, it probably is – and we won’t recommend it.
Featured Electricity Rates In Iowa Park, Texas
Why Must Electricity Companies Run Credit Checks?
Electric companies in Texas make a profit by buying electricity of the grid at wholesale prices and reselling it to consumers. In the process they take on pricing risk and allow more predicable pricing for the end user. Since they are obligated to pay the power plants for the power they sell, they want to make sure they are going to get paid by the end consumer of the electricity.
That’s why they usually require credit checks to turn on service. These types of credit check won’t negatively impact a person’s credit score, but they will help the provider determine if they want to require a deposit. A surprisingly high percentage of people who sign-up for an energy plan are asked to pay a deposit.
It is up to each company to set its own credit requirements. So, if you are required to pay a deposit with one provider, you may have better luck with another one.
Top Iowa Park Electricity Rates From Each Provider
|Gexa||Saver Supreme 16||7.0¢/kWh|
|Frontier Utilities||Easy Bill 12||7.0¢/kWh|
|Cirro Energy||Smart Value 12 Online||9.0¢/kWh|
|4Change Energy||Budget Saver 12||9.3¢/kWh|
|Direct Energy||Veteran & Active Military 12||10.6¢/kWh|
|First Choice Power||You Got This 24||11.1¢/kWh|
|TXU||Savers Discount 12||14.5¢/kWh|
|4Change Energy||Easy Saver 12||7.9¢/kWh|
|Green Mountain Energy||Pollution Free e-Plus 24 Preferred||12.8¢/kWh|
|Champion||Champ Saver 12||11.6¢/kWh|
|Reliant||Reliant Clear Flex||12.7¢/kWh|
|Gexa||Saver Supreme 36||7.0¢/kWh|
|Payless Power||SmarTricity Flex Saver||11.9¢/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 >>>
Where Does Iowa Park Get Its Electricity?
Although it was once the main source of electricity in Texas, coal has been on the decline for decades. Today, over half of Iowa Park Texas electricity comes from natural gas power plants. There are a number of advantages to producing electricity with natural gas. Power plants that produce electricity by burning natural gas can quickly increase or decrease output to help stabilize the electric grid by keeping available supply in line with the real-time demand for electricity.
Natural gas is also cheaper and burns cleaner than coal. It is also plentiful in the state of Texas. Texas is the largest producer of natural gas in the country. New drilling techniques have made several new fields economically viable when a decade ago they would have been too expensive to extract.
The falling price of natural gas has led directly to cheap Iowa Park electricity rates.
Technology and government subsidies have also led to a dramatic drop in the cost of wind power. Today, Texas has more installed wind capacity than any other state. This has led to a growth in the number of green energy plans available in Iowa Park while at the same time lowering the cost of renewable energy plans.
Iowa Park, Texas – Interesting Facts
The city of Iowa Park, Texas is located on the northern side of the state. The population was 6,400 last checked which makes it the 307th most populous city in the state. It is in Wichita County about 10 miles from nearby Wichita Falls. The city was founded 1888 right next to the Fort Worth and Denver City Railway. It was known for its cotton and wheat shipment center. In addition, an oil discovery would lead to an uptick in population for Iowa Park citizens in 1918. So, despite the drought that had originally hit the city years before, the community recovered and flourished for a time. Speaking of droughts, the climate in the area isn’t too severe on average. It is hot and humid like the rest of the state. Tornado incidence is high, but earthquakes are less frequent than in the rest of the country.
Cost of living in the city is lower than national average due to cheap housing. This is coupled with the fact that the wages earned by workers are lower than average, but because the cost of living is so cheap it averages out. Unemployment is pretty low at 4.6%, so there are plenty of opportunities for employment. The most common jobs are in Manufacturing, Retail trade, Accomodation, Food Services, and Healthcare.
Whould I Read the EFL for My Electric Plan?
Before you settle on a Iowa Park electric company and an energy plan, you should read the plan’s EFL. For every plan listed on Vault Electricity, you will find a link to the plan’s EFL. This is a state required document. It is published by every electricity provider for each plan they sell. In it you will find the detail that might be missing from any marketing material or advertisements.
It will explain exactly what goes in to calculating your bill and how the electricity rates for the plan are set. It will include all the costs you should expect on your bill including:
- Energy charges assed by the provider
- Monthly billing charges
- Usage credits tiered electricity rates
- Time of day rates for plans like Free nights and weekend plans
- TDU passthrough flat fees
- TDU per kWh fees
TDU fees are pass through fees that go to pay the regional electricity delivery utilities that deliver everyone’s power regardless of who their choose as a retail electric provider. They also maintain the powerlines in your area and respond to power outages. The fees are charged to everyone in Iowa Park regardless of who their provider is. They are the same for everyone. Most companies list these costs out separately from the other costs that go into the plan.
All of the other fees associated with a plan are at the discretion of the retail electric provider.
Ping the Utility Company Concerning Power Outages
TXU/Oncor Contact Information:
For power outages in Iowa Park Texas, please call Oncor at 1-888-313-4747. To have underground lines located prior to digging in Iowa Park Texas, call 1-800-344-8377. To view Iowa Park Texas outage maps, click here.
Smart Meter Information:
For information on the smart meter program in Iowa Park Texas, click here.