Knowing electricity rate price trend history is valuable information because the rate that you sign up for will be the rate you pay for the length of your contract. If you moved into your home in the summer and you find yourself renewing your electricity plan every summer, you may be paying some of the highest rates offered for power all year long. It might be worth the expense to sign up for a short term plan as a stop gap measure until electricity rates are cheaper once demand isn’t as high.
Comparing electricity plans in Dallas means more than just looking at plans to find the lowest rate. Be sure to take a look at each plan's Product Details to get a better idea of what each one entails. These fact sheets are more than just supply rates per kWh and term lengths; they include information on base charges, utility fees and cancellation fees. They also can include features such as usage credits, green energy products or even free weekends.
1. Legacy providers no longer rule. Get over the idea that original providers are the only companies that can offer solid, uninterrupted service. And don’t believe the fallacy that customers of legacy providers get serviced first when power goes out. Oncor Electric Delivery is responsible for maintaining the transmission system. Everybody uses Oncor to handle repairs in our region.
Check to see if there are any special offers available. Some electricity companies offer you a special discount if you sign up for a long-term contract or continually pay your bill on time. Some companies also offer freebies (e.g. high-tech thermostats, restaurant gift cards, sports team apparel) for customers who enroll in particular plans. You should never choose a plan based on these things, because such gimmicks are rarely worth it – they don’t save you money. This is also true of plans that offer free nights or weekends, because you won’t receive the best electric rates throughout the rest of the week.
Homeowners: There is so much more to comparing offers than looking at the average cost per kilowatt hour when exactly 500, 1,000 or 2,000 is used. The Public Utility Commission of Texas requires electric companies to provide these averages in their Electricity Facts Labels, but there are ways to manipulate the results to cause an offer to rank better on powertochoose than when the actual rate is applied to your actual usage. Lantern takes the time to request your usage history, then runs the numbers to find the rate that’s best for YOU and YOUR electricity use!
Instead of shopping around all day and hopping from one provider site to another, a more logical approach to compare electric rates between multiple companies just makes sense. Using the electricity search tools at ElectricityPlans.com, you can quickly compare electricity rates and plans apples-to-apples. We break down the actual details behind the rates to find out how they’ll affect your electric bill.
For instance, all our residential electricity customers have an advanced online account dashboard where you can go to pay your bill, check your usage, change your personal information and learn more about offers we have that apply specifically to you. All customers can sign up for our Weekly Summary Email, which helps you stay on top of your usage every week. Plus, many customers are eligible to sign up for Degrees of Difference, which gives you a bill credit when you reduce your usage during designated high-demand time periods.
Most Dallas residents live in the Oncor Electric Delivery service zone for Dallas residents. Oncor serves more than 7.5 million customers and currently stands as America's sixth largest deliverer of electricity. When it comes to Dallas energy suppliers, though, consumers have a variety of choices. Choose Energy partners with only the best providers, such as TriEagle Energy, TXU Energy and Direct Energy. More choices help create competition among providers and better prices for the customer. The best way to find the most competitive rate is to shop and review a variety of the services offered by each provider. Click here to look for the best rates.
There are over 60 different energy suppliers competing for your business on any given day in Texas. Many of these electric companies have websites that are confusing and nearly impossible to navigate, their rates and fees hidden by dense industry jargon and misleading advertising. Who has the spare the time to sort through the choices spread out over all these different sites and companies?