The city of Dallas is poised to reap huge benefits from a transformation in how energy is distributed. That’s because there’s a will and a way to get consumers savings on their electricity bills through the use of a competitive market. Texas is already ahead of the game on energy. It’s known for having plenty of oil, but it’s also got a rapidly growing renewable sector. Now, consumers can save on their monthly bills by switching to a retail electricity provider that offers lower rates.
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.
Payless Power provides the best prepaid and standard electric plans with no cancelation fees and no deposit in the Dallas area. Since 2005, Payless Power has been helping people get a better energy plan and save on their average energy rate, regardless of income or credit history. As a family-owned electricity provider and not a giant power company, we take great pride in serving our customers with care and respect across the entire state.
Understanding what you can expect to pay for each kWh of electricity you use is only the starting point of finding the best electricity rates in Dallas, Texas. You’ll also need to understand the terms they’re using, so that when you read through the contract you’ll actually know what they’re trying to convey about their electric rates. Some of the most commonly used terms energy providers use to tell you about their diverse energy plans, include:
1Home services, home warranty and commercial generator offer, installation and maintenance are provided by Reliant Energy Retail Services LLC dba Reliant, a wholly owned subsidiary of NRG Energy, Inc. Zero-down and third-party financing is subject to credit approval. A limited warranty on each generator is provided by the respective manufacturer of each generator. Reliant Energy Retail Services LLC is in no way affiliated with the generator manufacturers and except for optional maintenance plans or extended warranties that may be purchased, Reliant Energy Retail Services makes no additional representations or warranties of any kind with respect to the generators or the manufacturer’s products or services. See terms and conditions for specific warranty details.
If you’re searching for the cheapest electric plans in Dallas, you’ll probably notice that providers offer three different rates for each plan. These rates represent the average rate you would pay for 500, 1,000 or 2,000 kilowatt-hours (kWh) per month. In Texas, electricity providers are required to display these three rates for each electricity plan in order to give customers a general idea of the rates for a given usage level.
In Dallas, 0% of people have switched to a plan that has some renewable energy component to it. Another 0% have switched to a plan that is partially renewable, while 0% have switched to a plan that powers homes completely by renewable electricity. This of course means that 100% of people have remained on a plan powered by traditional sources of electricity such as coal or nuclear power.

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On average, local residents pay $138 per month on energy, which stems from an average monthly use that amounts to 1,453 kWh. Compare this to national usage and billing, the citizens of the city consume more power than the average American, spending almost $20 more per month on power. The wide selection of electric companies and various rates play an important role when it comes to their bills, as they can range from less than $100 to over $200 per month with some of the lowest rates including $0.086 / kwh and $0.089 / kwh.
Lantern’s founder, Elisa Kaplan, started her energy career in 1994 as a programmer for an energy software firm. She was responsible for creating a library of utility rates that allowed users to recalculate their bills and compare the results to what they were actually charged. This library offered electricity, natural gas and water/sewer rates from the smallest municipalities to the largest investor owned electric companies throughout the United States. The creation of this library resulted in an extraordinary understanding of how companies charge their customers. This evolved into a utility bill auditing service that successfully recovered millions of dollars in overcharges. The deregulation of the Texas electricity market in 2002 enabled additional savings recommendations to her many clients.

Not understanding the system, I overpaid — but I quickly grew tired of that. I decided to educate myself. Eventually, I figured out a system. My Watchdog Nation Guide to Electricity Savings is built on the idea that companies should be judged two ways — by lowest rate and by company reputation. When the stars align, the right company is obvious. (Note: This doesn’t apply to customers in mandatory electricity co-ops or municipal-owned utilities.)

Lantern’s founder, Elisa Kaplan, started her energy career in 1994 as a programmer for an energy software firm. She was responsible for creating a library of utility rates that allowed users to recalculate their bills and compare the results to what they were actually charged. This library offered electricity, natural gas and water/sewer rates from the smallest municipalities to the largest investor owned electric companies throughout the United States. The creation of this library resulted in an extraordinary understanding of how companies charge their customers. This evolved into a utility bill auditing service that successfully recovered millions of dollars in overcharges. The deregulation of the Texas electricity market in 2002 enabled additional savings recommendations to her many clients.
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Payless Power provides the best prepaid and standard electric plans with no cancelation fees and no deposit in the Dallas area. Since 2005, Payless Power has been helping people get a better energy plan and save on their average energy rate, regardless of income or credit history. As a family-owned electricity provider and not a giant power company, we take great pride in serving our customers with care and respect across the entire state.
If you don’t want to commit to a two year fixed-rate plan, then Gexa also offers the Gexa Saver Supreme with an energy charge of 12.5 cents per kWh. At 1000 kWh of usage, the average rate of this plan is only a penny more than Gexa Saver Supreme 24 or just 8.8 cents per kWh. But with those slightly higher rates, comes a much cheaper early termination fee of only $150.
Fixed-rate, long-term (contract) plans provide stability in electricity rates. If market energy costs suddenly trend upward where you live, you can rest assured that you won’t have to pay more out of pocket. However, if you want to switch to a different, lower-cost plan before the end of the contract term, you’ll likely have to pay a cancellation or early termination fee.
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