Dallas energy providers offer a wide variety of contract lengths, from month-to-month variable versions to long-term fixed rate contracts that can last for years. In addition, some may choose prepaid electricity plans to avoid credit checks and deposits. There is no single right contract that fits with every person’s lifestyle and budget. Choosing the type and length of your contract depends on how long you plan to stay in your home and your specific budget requirements.
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.
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.