Below you will find everything you need to compare electricity providers in Mansfield, Texas
Don’t settle on a Mansfield electric company without first considering your options. There are many companies that provide electricity in Mansfield, TX. You can choose which one you want to provide service to your home or business.
Thousands of Texans have used our free service that gives you the tools and information you need to compare all of your options in one place and select the cheapest electricity rate. Many electric companies in Texas compete to offer the cheapest electricity rates to consumers. Many others rely on marketing and gimmick plans to get customers.
The trick is to look past the tv commercials and complicated plans to look at the numbers and see which company can really save you money.
Enter your zip code to find a complete list of the top electricity providers in Mansfield. Once you have all the information in one place, you can make an informed decision and not fall for plans that’s too good to be true.
Featured Electricity Rates In Mansfield, Texas
How are Mansfield Electricity Rates Calculated?
Electricity providers in Mansfield are allowed to set their own electricity rates. That’s what it having a competitive market means. But there is a lot more that goes into an electricity rate than most people know. All-in bundled rates are very rare these days. Generally, the rate you see Mansfield, TX electric companies advertising is an average rate that factors in all of the various costs, fees, and tiered costs. This is why there is usually a different rate for 1000 kWhs usage than there is for 2000 kWh usage; even within the same plan.
Top Mansfield Electricity Rates From Each Provider
|Electric Company||Plan Name||Electricity Rate|
|BKV energy||The Lantana 15||14.6¢/kWh|
|Frontier Utilities||Frontier Saver Plus 24||11.2¢/kWh|
|Gexa||Gexa Eco Saver Plus 24||11.1¢/kWh|
|4Change Energy||Maxx Saver Select 24||11.1¢/kWh|
|Cirro Energy||Smart Simple 12||15.6¢/kWh|
|Trieagle||Sure Value 36||13.9¢/kWh|
|Direct Energy||Autopay Texas 12||16.3¢/kWh|
|Green Mountain Energy||Pollution Free e-Plus||17.4¢/kWh|
|TXU||Clear Deal 12||13.9¢/kWh|
|4Change Energy||Maxx Saver Select 12||11.1¢/kWh|
|Gexa||Gexa Eco Saver Lite 12||19.1¢/kWh|
|Express Energy||Flash 24||11.1¢/kWh|
|Veteran Energy||Veteran Energy Valor 36||15.1¢/kWh|
|Reliant||Reliant Power On 12||19.9¢/kWh|
|Payless Power||Rate Lock 12||18.3¢/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 >>>
Here is an example from a typical plan. There are five cost components that go into the electricity rate calculation for this plan:
- Energy Rate = 5.80 ¢ per kWh
- Base Charge = $7.95 per month
- TDU Electric Delivery Charge = $3.42 per month
- TDU Electric Delivery Charge = 3.697 ¢ per kWh
- Credit for Billing cycle for usage greater than 2000 kWh = $40 per month
These are the charges that make up the cost of your electric bill. You will note that a couple of these charges are fixed charges ($7.95 per month and $3.42 per month). These will not change from month to month regardless of how much or how little electricity you use. As a result of this, your average electricity rate will tend to be lower when you use more kWhs because that fixed cost is averages out across more kWhs.
One of the items is actually a credit, not a cost. Notice this credit applies as soon as you use 2000 kWh in a billing cycle. This results in much lower average electricity rate as soon as you hit 2000 kWh in usage.
The average electricity rates for this plan are:
- 11.8¢/kWh @500 kWh
- 10.6¢/kWh @1000 kWh
- 8.1¢/kWh @2000 kWh
We Are a Proud Member of the Mansfield Chamber of Commerce
Mansfield was founded in the 1850’s by R.S. Man and Julian Feild. They both built a grist mill that saw a lot of success in the North Texas area. Sources say that it was the first mill of its kind. After building a general store, a post office came next, and the foundation for the city was established. And now, being voted in the top 20 best places to live for multiple years, Mansfield Texas has developed into quite the great city.
Its top employers are the Mansfield ISD, Mouser Electronics, City of Mansfield, Walmart, Klein Tools, Kroger, Lifetime Fitness, Target, and many others. The median household income is way above the state average, with workers earning about $95,000 a year. The unemployment rate is far below the average. And the most common occupations are in Management, Sales, Office Admin, Installation and Maintenance, and Manufacturing.
Mansfield gets more precipitation than average, and it is in the upper-average for heat during the year. Tornado activity is above average compared with Texas state averages.
Mansfield is the birthplace of Noah Syndergaard (nicknamed Thor), New York Mets Pitcher.
Do All Mansfield Electric Companies Have to Run Credit Checks?
Mansfield electric companies don’t own the electricity they sell. They have to buy in off of the grid before selling it to you. Power plants cost a lot of money to build and operate. When electricity providers sell power to consumers, they must first buy this electricity from the owners of those capital assets.
Like just about any other venture that makes money selling a product, electric companies in Mansfield buy their product and resell this product on the retail market at a small profit on each kilowatt.
When a consumer doesn’t pay their utility bill at month end, the company loses the money they had to spend to buy it from the producers. If this happens too often, they will be out of business.
That’s why it’s necessary for them to make sure the people they enroll in an electricity plan are likely pay their bills. The credit check helps lower their default rate when it comes to people paying their bills.
The credit check is known as a soft credit check and doesn’t have an impact on the applicant’s credit score. The result of the credit check will inform the company as to whether they should require a customer to provide a deposit before they will turn on the lights.
Mansfield Electricity Providers
Are the Cancellation Fees of the Electricity Plans Significant?
Expect any energy plan you enroll in to include an early cancellation fee (often referred to as an early termination fee). For residential customers, they normally don’t assess this fee if you are moving from your current address. You will need to check with the company for their specific policies. Cancellation fees are listed here on Vaultelectricity.com as well as in the plan’s EFL document.
In Case of a Power Outage, Call the Utility Company Oncor
TXU/Oncor Contact Information:
For power outages in Mansfield Texas, please call Oncor at 1-888-313-4747. To have underground lines located prior to digging in Mansfield Texas, call 1-800-344-8377. To view Mansfield Texas outage maps, click here.
Smart Meter Information:
For information on the smart meter program in Mansfield Texas, click here.