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How Dallas Homeowners Reduce Electric Bills with Energy Saving Tips

Homeowners in Dallas can keep their home comfortable all year long, and keep the utility bill low by employing some simple energy saving tips. According to the Energy Information Administration, the average household spends an average of about $112 month on energy bills. When you know how to save money on Dallas electric bills, you’ll be able to build up your savings. Are you ready to remedy your Dallas electric bill blues? Read up on our energy saving tips below to help you save money on your home’s monthly electricity bill.

How to Save Money on Electric Bills in Dallas

No matter where you live, reducing energy waste results in energy savings. Here are some energy saving tips Dallas homeowners can act on all year long.

  • We recommend asking for a professional energy audit to assess how much energy your home uses. Many times an audit is free, and if you follow the recommendations of the energy auditor, you could reduce your monthly electric bill statements by up to 30%.
  • Use only as much light as you need. A great way to do this is to install dimmer switches. Dimmer switches are a great way to set the mood, too.
  • Did you know that keeping your freezer and refrigerator full can save you money? Food acts as insulation, so it holds the amount of time a fridge needs to run to stay cool down to a minimum.
  • Ceiling fans are ideal for circulating the air inside your home. We like to install them in almost every room in the house to reduce the strain on the air conditioner.
  • Speaking of the air conditioner, keep a yearly maintenance schedule. With routine maintenance, your HVAC system can run efficiently. Annual maintenance is great. However, you’ll also want to replace the filter every 30 days. Clean air filters mean you’ll have cleaner air in your home.
  • When it’s sunny and hot outside, close the blinds and curtains, and you can cut down on your air conditioner use. You also may want to consider installing tinted window film, kind of like what you have in your automobile.
  • Upgrade the appliances in your home to Energy Star® rated models. Are the machines in your home more than 10 years old? Replace them with newer ones that use much less energy.
  • Plant more trees around your house. When you plant more trees, it’s not just good for the environment. Strategically placed shade trees can cool your home during those warm summer months. Consider deciduous trees that drop their leaves in winter to let the sunshine into your home. Beautiful trees can also increase your property value.
  • Replace incandescent lighting in your home with LEDs. LED lights bulbs use up to 90% less energy!
  • Many electric service providers offer off-peak rates. Wash your clothes and run the dishwasher during off-peak times (a.k.a. before 12 PM and after 6 PM). Take advantage of these rates and save.
  • Invest in a programmable thermostat. Set your thermostat to run less or to turn off when you’re at work and when you’re asleep.
  • When it’s cold inside your home, put an extra blanket on the bed and get cozy. Added blankets can warm you up in the winter and may have you pulling the thermostat back another couple degrees.

Reduce Dallas Electric Bills

Besides practicing energy saving tips, another one of the best ways to lower your bill is to switch energy providers. At Vault Electricity, you can compare the electricity rates of dozens of the top residential electricity suppliers in real-time. Our up-to-the-minute rates can show you how to save money on Dallas electric bills, and reduce your monthly electric bill. Homeowners in Dallas can choose a 100% renewable energy plan with incredible rates. You’ll also find a wide variety of providers offering bill credits and various term lengths. You can lock in an incredible rate for years or go with a variable rate. Plus, since Dallas is in a deregulated market, homeowners, as well as renters, can switch providers at any time.

How Electricity Companies With No Deposit Are Helping Power Texas

Light Companies with No Deposit

No credit? Bad credit? Are you going through a tough financial time? Life throws us many curve balls when you least expect it. If you’re moving to a new place in Texas, you’re going to want to have your electricity turned on as soon as possible. However, what about the fees and the credit check?

The good news is that most of the state of Texas is a deregulated market, so they’re competing for your business. Deregulation benefits you because they want to get your business and stay ahead of the competition. Electricity companies with no deposit required are readily available for you to choose.

Vault Electricity can help you find the best light companies with no deposit required! Imagine having the power of knowing how much electricity you’re using and how much money you’ve spent at the exact moment. Light companies with no deposit allow you to make payments on your schedule, as many times as you want. When you select electricity companies with no deposit, you can make several payments throughout the month, which for some families is a much better prospect. Sounds great, right?

Benefits of choosing light companies with no deposit include:

  • No credit check required. If you’ve already got a low credit score, why lower it even more?
  • No deposit required (of course!). Prepay for your electricity daily, weekly or monthly.
  • No long-term contracts or obligations to sign.
  • No more late fees or hidden charges.
  • No need to use your ID or Social Security number.
  • You can receive alerts and notices via text messages and emails.

No deposit electric companies in Texas

Researching the best no deposit electric companies in Texas can be an arduous task. At Vault Electricity, you can compare the best residential plans right on our site – in real time. We take the guesswork out of finding a reputable electrical service provider. We work with the top electric companies in Texas so you can find the best plans and rates (note that rates vary by city).

Many of the electricity companies with no deposit require a smart meter, which collects your usage and secures the transfer of information in real-time. Smart meters are a great way to encourage you to think about how and when you use electricity so you can better manage your energy costs.

Are light companies with no deposit cheaper? No. Usually, a no deposit plan costs more than finding a package with a long-term fixed rate. However, you have a right to choose your plan, and if deciding when to pay works best for your situation, go for it. Vault Electricity is here to help. Call us at 855-564-1181 for more information on the

How to Choose the Best Residential Electricity Company for Your Family

Get smart about choosing the best residential electricity company. For most families, saving money is a top priority. Unfortunately, it’s also one of the hardest things to accomplish. There are groceries to buy, school supplies and clothes, medical bills and a host of unexpected expenses that come at the wrong time. The good news is that when it comes to selecting electricity providers, you’re in the driver’s seat. You can choose which way you want to go, and steer your way to the lowest electricity prices.

Thanks to energy deregulation in Texas, consumers can select the right plan. Being able to choose how you purchase electricity is an advantage for families. Vault Electricity displays real-time electricity prices so you can compare rates in your area.

It’s a good idea to search by the lowest rate and by reputation. Since Vault Electricity works with dozens of the top electricity providers in Texas, we do the hard work for you. We only work with reputable companies, so you can rest assured that our list of the best residential electricity providers are working to gain your business. When you compare electricity rates and plans, shopping for the cheapest electricity supplier in your area is a breeze. The market is continuously changing, so you can switch electricity providers every year if you wanted to. Plus, when you make a switch, you won’t lose any power.

The Best Residential Electricity Prices

How do electricity providers display their energy costs? The answer is by kilowatt-hours (kWh). For instance, if you’re paying a rate of 8 cents per kWh instead of 12 cents, you could save $100 or more on your monthly electric bill. Of course, the electricity prices can fluctuate week after week. This is why it pays to know what your contract terms are. You can find electricity providers that offer fixed rates or variable rates.

For many families, the electric bill is one of the most significant monthly expenses aside from rent or mortgage costs. Locking in a fixed rate means that you will pay the same per kWh for as long as your contract term length. This could be the best route to take for families that like to plan and budget. The only factor that should affect your monthly bill is how much electricity the family consumes, which is wise to start practicing some energy-saving strategies. Take note that if you decide to end the contract early, you may have to pay some fees.

The best residential electricity providers may also offer variable rate plans, with electricity prices based on market conditions. Uncertainty is not favorable for families, so if you’re not good about monitoring rates regularly, you might feel a little sticker shock come bill time.

Compare the Best Residential Electricity Plans

Are you ready to save money? Lower your monthly energy bill with a plan from Texas’ top electricity providers. Vault Electricity displays up-to-the-minute rates so that you can compare electricity plans. We offer our customers a wide range of reputable electric companies. Browse and find the cheapest electricity supplier to green renewable energy plans suited for eco-conscious families. Our plan details are easy to understand and read. We’ll show you any fees attached, what’s required, contract length and electricity prices by kWh. Finding electricity providers in your area is simple. Enter your zip code and compare electricity plans! Best of all, once you find a plan, you can enroll on our site.

What to Do If Your Power Goes Out

We’ve been experiencing extreme weather events lately, including an onslaught of storms that have been knocking out electrical power. Winter can be an especially hard time to deal with a power outage, especially if your home relies on electrical power for heat.

When the power has unexpectedly gone out, there’s no need to panic. You can do a lot of things to prepare, and keep your family safe and warm during and after a winter power outage.

Preparing before a power outage

The weather is unpredictable. You need a good energy plan. You also need to be prepared so that you can keep your home from turning into a freezer during an electrical power outage. The good news is that you can do something about it right now.

  • Buy some flashlights, invest in a battery-operated radio and make sure that you’ve got plenty of batteries. Another handy device you’ll want is a 3-in-1 hand crank radio, flashlight and phone charger. Store these items in a place that’s easy to get to and be sure to check them periodically.
  • Stock up on bottled water.
  • Insulate your home before the cold season arrives. Caulking and weather-stripping doors and windows can prevent freezing drafts from entering.
  • Power outages can be lengthy. It’s a good idea to have other heating equipment, such as a wood-burning stove. Be sure to have plenty of firewood and fuel on hand and have it located in a well-ventilated space. It’s also a smart idea to have a wood chimney cleaned and inspected before winter. The warmest room in the house is where your family will want to gather and weather the storm.
  • Invest in some candles and stock up on matchbooks so that you can still have light. Since you’re going to want to stay warm, move all your activities to one room. It doesn’t hurt to have a deck of cards on hand so you and your family can pass the time and stay entertained.

What to do during a power outage

Okay, so the lights are out, and you’ve got everyone at home. Now it’s time to keep them safe. You’re prepared and ready to weather the winter storm and ride out the electrical power outage like a team of champs.

  • Conserve the heat inside your home. An excellent technique to keep the heat from escaping is to roll up a towel and place it at the base of the door. You’ll also want to gather up some blankets and hang them over the door for an added layer of protection from the cold.
  • Did you just go grocery shopping? Don’t worry, the food in your refrigerator can stay cold and is safe to eat for up to 4 hours. Frozen food can last for 24 and up to 48 hours (depending on how densely packed the freezer is).
  • If you have a portable gas generator, never run it inside the garage, house or in an enclosed area.
  • Remember all that firewood you gathered? It’s time to fire up the fireplace! Try not to use all the firewood too quickly — conserve wood by burning it in intervals, and let the room cool between fires.
  • Turn off computers, TV and other electronics to avoid a power surge once the electrical power returns. You’ll want to leave at least one light on — that way, you’ll know that the power is back on. Once your electricity is up and running again, make turning off unused electrical devices a part of your energy plan routine.
  • There’s no doubt that a winter power outage can be stressful. For seniors, the stress level is higher and can even be deadly. Make sure any elderly or disabled person is dressed warm, covered up well or kept near the fire.
  • If you have a tent, consider putting it up inside your home (if you have enough space). A tent adds another layer to protect you from the cold air. Plus, depending on how many loved ones you have around, being in a tent makes it easier to capture body heat and stay warm.

What to do after a power outage

Harsh weather can do more than create a loss of electrical power in your neighborhood. Heavy winds and downpours can cause significant damage. For this reason, you’ll want to be extra cautious if you need to venture outdoors.

  • If possible, wait until the day to go outside. You’ll want to assess the damage before you go too far. A harsh winter storm can knock down electrical wires, and you may not be able to spot them. It’s best to assume a downed line is live, which is highly dangerous.
  • Be a good neighbor and check in to make sure they’re safe.

You’ll feel a lot better knowing how to keep your family safe and warm when the harsh, unpredictable weather arrives. Plus, knowing how to conserve heat can also be an essential part of your winter energy plan so that you can lower your winter energy bill.

Texas Electricity Rates to Go Up In 2018

****Update Fall 2018****

Good News!

Texas electricity rates are on their way down again.  After a summer spike, electricity rates across Texas have fallen.  Utility officials were concerned about having enough electricity to meet peak summer demand.  This resulted in electricity providers increasing the rates on their fixed rate plans in anticipation of higher wholesale electricity prices.

Now that summer is over and the feared power shortages never materialized, rates are back down.  Now is a great time to lock in a great rate if you are not under contract.

For example, Bounce Energy has a 6 month plan for just 8.4¢/kWh in the DFW area (9.2¢ in Houston area).  If you have a larger home, Frontier has a plan targeted for the 2,000 kWh usage rate at just 7.3¢/kWh.

***Original Story****

Texas electricity rates are expected to go up in 2018 as the state’s electricity grid experiences growing pains.  2018 will see the closing of a number of coal fueled power plants.  Coal has been giving way to cheaper electricity fuel sources for a number of years.

The growth in wind power and natural gas fueled power will offset the loss in coal over time but for the summer of 2018, expected record demand for electricity will converge with power plant closures to put a squeeze on wholesale electricity rates.  This, in turn, will cause the retail electricity prices paid by most Texas consumers to increase. The rise in wholesale rates could be particularly dangerous for consumers who have electricity plans that are tied directly to the wholesale price of electricity.

The rise in prices could be felt more in areas like Houston.  Houston electricity rates tend to be higher that rates in the Dallas / Fort Worth area.  Average summer temperatures also tend to be higher in the southern part of the state.

Reserves to fall below comfort level

The state of Texas typically targets a reserve margin of 13.75%.  This means that the available supply of electricity should exceed the projected peak demand for electricity by at least that amount.  This give a cushion for unforeseen spikes in demand or lose of capacity such as could be experienced during a large storm.

The most recent projections by ERCOT put the reserve margin during the summer of 2018 at 9.3%.  This number is expected to climb to 11.7% by the summer of 2019 as newer power plants come on line.

 

See Also: Hurricane Harvey’s Impact on Texas Electricity Grid
See Also: Oncor Proposes Electricity Rate Increase for Many Texans

 

January 2019 Texas Electricity Rate Update

January 2019 Texas Electricity Rate Update

2019 is starting with higher electricity rates in Texas. Average available rates on 12 month plans are up over December in all areas of Texas.  The increase is modest for larger homes that use 2000 kWhs.  The largest increase in average available rates for new electricity plans occurred at the 500 kWh usage level.

 

Texas Electricity Rate Index

For example, people who are shopping for electricity for an apartment in Houston will find that the average rate has gone up from 12.1¢/kWh to 12.9¢/kWh for a 12 month plan in the Centerpoint delivery area.  The Centerpoint delivery area includes Houston and surrounding suburbs.  The average 500 kwh rate in the Oncor delivery area (DFW) rose from 10.9¢/kWh in December of last year to 11.6¢/kWh in January of 2019.  Some of the increase in various parts of the state is a result of increases in transmission and distribution utility pass through fees.  Such fees tend to have a larger impact on homes that use less electricity.

 

 Texas Electricity Rate Guide January 2019

Texas Location/Size Average Rate Lowest Rate Cheapest Provider
Houston  Apartment (500 kWh) 12.9¢/kWh 10.9¢/kWh Gexa Energy
Houston  Sm Home (1000 kWh) 11.6¢/kWh 9.6¢/kWh Cirro Energy
Houston  Lg Home (2000 kWh) 10.3¢/kWh 9.2¢/kWh Frontier Energy
Dallas  Apartment (500 kWh) 11.6¢/kWh 9.9¢/kWh Gexa Energy
Dallas  Sm Home (1000 kWh) 10.1¢/kWh 9.0¢/kWh Cirro Energy
Dallas  Lg Home (2000 kWh) 9.3¢/kWh 8.1¢/kWh Frontier Energy
Lewisville  Apartment (500 kWh) 13.5¢/kWh 12.8¢/kWh Direct Energy
Lewisville  Sm Home (1000 kWh) 10.9¢/kWh 9.3¢/kWh Cirro Energy
Lewisville  Lg Home (2000 kWh) 9.8¢/kWh 9.0¢/kWh Frontier Energy
Victoria  Apartment (500 kWh) 13.5¢/kWh 12.6¢/kWh Trieagle
Victoria  Sm Home (1000 kWh) 11.5¢/kWh 9.9¢/kWh 4Change Energy
Victoria  Lg Home (2000 kWh) 10.4¢/kWh 9.7¢/kWh Frontier Energy
Abilene  Apartment (500 kWh) 12.9¢/kWh 11.7¢/kWh Trieagle
Abilene  Sm Home (1000 kWh) 10.9¢/kWh 9.8¢/kWh Cirro Energy
Abilene  Lg Home (2000 kWh) 10.3¢/kWh 9.9¢/kWh 4Change Energy

****IMPORTANT***

The rates listed here are a snapshot as of 1/16/2019.  To see current rates in your city use our real time electricity rate comparison tool at the top of the page.

Rates listed in table are for 12 month plans.  Rates will be different for longer or shorter duration plans.

The good news is that the best available rate at the 2000 kwh usage level is unchanged in nearly every region of the state.  This means that you can still get a good deal by shopping for the cheapest rate.  Frontier Utilities remains the cheapest electric company for large homes in most areas.  In Arlington, for example, the Frontier Beat The Heat 12+ plan is offered at 8.1¢ per kWh.  This is more than a penny better than the next best rate of 9.3¢ per kWh from the 4Change Budget Saver 12 plan.

The Beat The Heat 12+ plan is not a good option for homes that use less electricity.  At the 1000 kWh usage level, the Cirro Smart Value 12 Online plan is the cheapest rate at 9.0¢/kWh in the Oncor region.

 

2019 Electricity Rate Outlook

Continued tight short term capacity margins will keep pressure in electricity rates throughout at least the summer of 2019.   A handful of power plant projects that were expected to begin delivering power to the Texas electricity grid have recently been cancelled or delayed.  This has led to a warning by officials that capacity for the summer of 2019 will be less than ideal.

Capacity concerns going into the summer of 2018 caused electricity providers to raise rates going into the summer to protect themselves.  As it turned out, there was plenty of electricity to meet demand in the summer.   We are likely to see a repeat of those pre-summer rate increases this year.  Consumers should take advantage of any drops in rates that occur in the spring to lock in a long term plan.

October 2018 Texas Electricity Rate Update

October 2018 Texas Electricity Rate Update

Texas electricity rates have ticked up slightly in October after falling in September following a summer spike in electricity rates.  The average 12 month rate for new electricity plans available in Texas sets at 10.7¢/kWh.  This is up slightly from the 10.6¢/kWh rate in September.

For the Houston area specifically, the average rate is currently 10.8¢/kWh, up slightly from 10.7¢/kWh.  In the Oncor service area which includes Dallas, Fort Worth, Arlington, Irving, and other cities, the average went up to 9.9¢/kWh from 9.6¢/kWh.

For the second straight month however, there are deals to be found by opting for shorter length plans.  The Fantastic Fixed 6 plan from Bounce Energy was already among the cheapest electricity plans available before getting an even lower rate in October.  This 6 month plan is a priced at 8.7¢/kWh in Houston for the 2,000 kWh usage level.

The Gexa Energy Steady Saver 9 plan is a 9 month plan that is also cheaper than most currently available 12 month plans.  It is available for 8.7¢/kWh in the Oncor deliver area.

The average rate available for apartments (500 kWh usage) across the state in October is 12.1¢/kWh with the best rate being the Bounce Energy Easy Fixed 3 plan in the Dallas area. For large homes (2000 kWh usage) the average across Texas is 9.9¢/kWh

Texas Electricity Rate Guide October 2018

 

Texas Location/Size Average Rate Lowest Rate Cheapest Provider
Houston  Apartment (500 kWh) 11.8¢/kWh 10.9¢/kWh Gexa Energy
Houston  Sm Home (1000 kWh) 10.3¢/kWh 9.6¢/kWh Cirro Energy
Houston  Lg Home (2000 kWh) 10.1¢/kWh 9.4¢/kWh Frontier Utilities
Dallas  Apartment (500 kWh) 10.8¢/kWh 10.0¢/kWh Gexa Energy
Dallas  Sm Home (1000 kWh) 9.6¢/kWh 9.0¢/kWh Cirro Energy
Dallas  Lg Home (2000 kWh) 9.3¢/kWh 8.2¢/kWh Frontier Utilities
Lewisville  Apartment (500 kWh) 12.7¢/kWh 12.3¢/kWh Direct Energy
Lewisville  Sm Home (1000 kWh) 10.1¢/kWh 9.3¢/kWh Cirro Energy
Lewisville  Lg Home (2000 kWh) 9.7¢/kWh 9.0¢/kWh Frontier Utilities
Victoria  Apartment (500 kWh) 12.8¢/kWh 12.2¢/kWh Trieagle
Victoria  Sm Home (1000 kWh) 10.8¢/kWh 9.9¢/kWh 4Change Energy
Victoria  Lg Home (2000 kWh) 10.4¢/kWh 9.7¢/kWh Frontier Utilities
Abilene  Apartment (500 kWh) 12.1¢/kWh 11.4¢/kWh Trieagle
Abilene  Sm Home (1000 kWh) 10.3¢/kWh 9.8¢/kWh Cirro Energy
Abilene  Lg Home (2000 kWh) 10.2¢/kWh 9.9¢/kWh 4Change Energy

****IMPORTANT***

The rates listed here are a snapshot as of 10/8/2018.  To see current rates in your city use our real time electricity rate comparison tool at the top of the page.

Rates listed in table are for 12 month plans.  Rates will be different for longer or shorter duration plans.

 October 2018 Texas Electricity Rate Snapshot

Cheapest Electricity Rates

The cheapest electricity plan currently available in Texas is the Bounce Energy Easy Fixed 3.  This is a 3 month plan.  In Dallas this plan is priced at a rate of 8.2¢/kWh for the 1000 kWh usage level.  This is compared to the cheapest 12 month plan available which is the Smart Value 12 Online plan offered by Cirro energy.

Interestingly, the Easy Fixed 3 is the lowest rate plan across all three of the standard usage levels – 500 kWh, 1000 kWh, and 2000 kWh.  This is unusual as plans are normally crafted to target their best rate for the 1000 or 2000 kWh usage levels.  This plan has no tiers or bill credits.  Aside from the standard pass through charges that are included on all Texas electricity plans, the Easy Fixed 3 plan only includes an additional energy charge and a $4.95 per month base charge.

What is the cheapest electricity provider in my area?

Electricity rates very throughout the state of Texas.  To find a complete list of electricity companies and plans in your area, enter your zip code above.   When you find the plan that is right for you, you can enroll right here online or over the phone.

******************************

 

September 2018 Texas Electricity Rates Update

Texas electricity rates are on their way down again.  After a summer spike, electricity rates across Texas have fallen.  Utility officials were concerned about having enough electricity to meet peak summer demand.  This resulted in electricity providers increasing the rates on their fixed rate plans in anticipation of higher wholesale electricity prices.

Now that summer is over and the feared power shortages never materialized, Texas electricity rates are back down.  Now is a great time to lock in a great rate if you are not under contract.

For example, Bounce Energy has a 6 month plan for just 8.4¢/kWh in the DFW area (9.2¢ in Houston area).  If you have a larger home, Frontier has a plan targeted for the 2,000 kWh usage rate at just 7.3¢/kWh.

The average electricity rate for a 12 month plan at the 2000 kWh usage rate stands at 9.9¢/kWh for the Houston area.  In the DFW area the average rate is 9.1¢/kWh.  This is down from the peak average in August 2018.  Certain shorter term electricity rate plans have lower rates.

Texas Electricity Rate Guide September 2018

Texas Location/Size Average Rate Lowest Rate Cheapest Provider
Houston  Apartment (500 kWh) 11.7¢/kWh 10.9¢/kWh Gexa Energy
Houston  Sm Home (1000 kWh) 10.3¢/kWh 9.6¢/kWh Cirro Energy
Houston  Lg Home (2000 kWh) 9.9¢/kWh 8.5¢/kWh Frontier Utilities
Dallas  Apartment (500 kWh) 10.6¢/kWh 10.0¢/kWh Gexa Energy
Dallas  Sm Home (1000 kWh) 9.0¢/kWh 6.9¢/kWh Pennywise Power
Dallas  Lg Home (2000 kWh) 9.1¢/kWh 7.3¢/kWh Frontier Utilities
Lewisville  Apartment (500 kWh) 12.4¢/kWh 12.1¢/kWh Champion Energy
Lewisville  Sm Home (1000 kWh) 10.1¢/kWh 9.3¢/kWh Cirro Energy
Lewisville  Lg Home (2000 kWh) 9.5¢/kWh 8.1¢/kWh Frontier Utilities
Victoria  Apartment (500 kWh) 12.8¢/kWh 12.0¢/kWh Trieagle Energy
Victoria  Sm Home (1000 kWh) 10.8¢/kWh 9.9¢/kWh 4Change Energy
Victoria  Lg Home (2000 kWh) 10.3¢/kWh 9.1¢/kWh Frontier Utilities
Abilene  Apartment (500 kWh) 12.2¢/kWh 11.3¢/kWh Trieagle Energy
Abilene  Sm Home (1000 kWh) 10.3¢/kWh 9.8¢/kWh Cirro Energy
Abilene  Lg Home (2000 kWh) 10.0¢/kWh 9.7¢/kWh Direct Energy

 

****IMPORTANT***

The rates listed here are a snapshot as of 9/14/2018.  To see current rates in your city use our real time electricity rate comparison tool at the top of this page.

Rates listed in table are for 12 month plans.  Rates will be different for longer or shorter duration plans.

Texas Electricity Rates - September 2018  

Cheapest Electricity Rates

The lowest rate electricity plans currently include the Bounce Fantastic 6 Plan.  This is a straightforward plan with a simple pricing structure that is unlikely to lead to surprises in your electric bill.

For smaller homes that use around 1,000 kWh per month, the Pennywise Power Wise Buy Conserve Plus 12 plan priced at a very attractive 6.9¢/kWh in the Oncor deliver area that includes Arlington, Grand Prairie and several other Texas cities.

For apartments that use around 500 kWh, the cheapest electricity rate going is the Fantastic Fixed 6 plan at  9.7¢/kWh

What is the cheapest electricity provider in my area?

Electricity rates very throughout the state of Texas.  To find a complete list of electric companies and plans in your area, enter your zip code above.   When you find the plan that is right for you, you can enroll right here online or over the phone.