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.

If you live in the Dallas area and your utility is Oncor Electric Delivery Company, then you have the power to choose your electricity provider. There are several ways to shop for electricity.  You can sort through direct mail advertisements that require you to call the company to find out the actual electricity rate.  You can also listen to annoying telemarketing calls during your dinner hour.  In this digital age, however, many of us prefer to shop online to find the best electricity rates.
Providers generally change their energy rates monthly to reflect their own costs for procuring electricity. This means that electricity rates follow a predictable pattern of rising and falling according to the seasons. Of course, weather and other emergencies can change this, electricity rates generally follow a predictable cycle. By using tools such as ElectricityPlans.com rate price trend, you can easily see historical rate patterns to determine if electricity rates might rise or fall in the Oncor delivery area.
†Offer is available to Texas residential customers who enroll using the Promotion Code “NIGHTSFREE”. Plan bills a monthly Base Charge, an Energy Charge, and passes through Utility Transmission and Distribution delivery charges. Energy Charges for usage consumed between 9pm and 7am each day is credited back on your bill. The utility charges, including delivery charges for night time hours, are passed through at cost and aggregated on your bill. See Electricity Facts Label for details.
The nice thing about choosing a fixed, long-term contract is that your electric rates are more stable. This means that if there’s a sudden rise in energy you won’t find yourself responsible for a higher bill. However, you do need to realize that the opposite is also true: If electricity rates suddenly decrease, you’re locked into a contract and can’t switch to a lower rate plan without paying either a cancellation or early termination fee.
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.

Even when you think you’ve found the best Dallas electricity rates there’s still one more thing you’ll want to look at: Make sure the energy company doesn’t charge you if you don’t use a specific amount of electricity (usually 800 – 1,000 kWh per month). If anything, you’ll want to choose a company that offers you a discount for exceeding this amount. You just need to be careful to make sure that you don’t end up paying for electricity you don’t use. This is just one of the fees you need to watch for though. Other things that you may pay extra for, include:

If paying the deposit is an issue, you might want to consider a prepaid electric plan.  Smart meter technology allows you to receive electronic notification on your account balance.  This is a huge improvement over the old prepaid electric plans that required monthly true-ups.  Because these electricity plans require zero deposit, they are a great way to get competitive rates while keeping some cash in your pocket.
Once you’ve signed up with your new energy supplier, you'll still communicate with your Dallas utility, or transmission/distribution service provider, on occasion. Oncor serves the Dallas area and responds to emergencies regarding damaged wires and power outages. Visit the Oncor website for outage updates, severe weather warnings and power interruptions in Dallas.