Most energy providers in Texas have planned for the increasing demand for power, creating 1 and 2 year energy plans that have the customers needs in mind. A fixed energy rate stays the same for the length of the contract preventing huge discrepancies on your end of the month bill due to fluctuating energy costs. This is great news for anyone moving to Texas or looking to switch providers during our hottest months. Snag a great fixed rate energy plan today and lock in the cheapest rate available. Some even come with free power weekends!
Compare electricity rates in Dallas, TX to avoid getting overcharged and waste money on a commodity. A person typically always has to sacrifice quality or quantity when purchasing anything on a budget, but there’s nothing to sacrifice when shopping for an energy provider offering cheap rates. All electricity companies in Dallas get their power from the same source. Therefore, cheap electric rates will get you the same end-product as that of providers charging higher rates.
There are over 50 retail electric providers competing for your home and business in the Texas electricity market. Whether you are located in Houston or Dallas, Cypress, Spring or Tomball, or ANY of the deregulated areas throughout Texas, Lantern evaluates hundreds of offers to find the lowest cost available for your home and business. Our report is free and if you accept our recommendation, the power company of your choice will pay us a finder’s fee!
If you’re only going to be living in your current home or apartment for a short period of time, you may want to consider a 12 month plan which typically has better rates than shorter term plans. If you move during the term of your contract, you can either transfer your electricity plan to your new address (if possible) or cancel your contract. According to the rules of the Texas Public Utility Commission, your provider cannot charge you a cancellation fee if you provide proof of a change of address.
Like other TDSPs, Oncor helps restore power to homes and businesses after an outage. The utility company also provides safety information for consumers experiencing electrical trouble during a storm. One of Oncor's safety tips urges businesses and households to create a storm safety kit with items such as batteries, water bottles and flashlights. It also suggests people avoid damaged power lines and immediately find shelter.
Unlike with long-term plans, monthly, variable rate (no-contract) plans have no cancellation fees. You won’t have to pay a penalty if you decide to take your business elsewhere because you found a better deal. Plus, you won’t be left paying more than you should if the market rate for energy trends down. However, if the market prices rise, you’ll have to pay more than those who are in-contract.