There are over 7.1 million people living around the Dallas, Texas area today. This is because the area has quite a few companies offering very competitive electricity rates. This area is also a modern metropolis that’s full of great attractions like the Sixth Floor Museum at Dealey Plaza, which commemorates President John F. Kennedy’s 1963 assassination. There’s also the Arts District, where you’ll find the Dallas Museum of Art, the sleek Nasher Sculpture Center, and the Crow Collection of Asian Art.
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.
Consider pay as you go electricity as an alternative to a long term power plan. you’re looking to be frugal with electricity, prepaid lights are easier on the pocketbook. A common myth about prepaid electric is that it cost more than traditional postpaid service. This is false! In fact, when you prepay for your power, you’re getting cheap electricity with no deposit. Our featured prepaid electric provider, Payless, makes it easy to buy your power ahead of time. Conveniently pay by phone, online or at your local Moneygram location. Free daily usage updates are sent to by text or email putting you in charge of how much you pay for your electric. Prepaid electricity is the cheapest route for many Texans, especially those with poor credit, or those not wanting to enter into a fixed rate contract.
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.
Some consumers use the Texas powertochoose website to search for electricity deals. The problem with powertochoose is that it has to display all offers submitted by any licensed retail electric provider. As a result, you have to sort through a confusing array of hundreds of offers from suppliers of varying quality. Furthermore, some Texas electric companies are notorious for optimizing their rate plans on powertochoose to look more appealing than they actually are.
Moving to Dallas can mean a lot of changes, especially if you’re moving from out of state. You’ll learn to love Texas’ legendary hospitality, close proximity to world-class sports teams like the Dallas Cowboys, and all the cultural and historical landmarks throughout the area. Of course, you’ll also have to adjust to the hottest summer temperatures in the country and the infamous humidity. You can cool down a bit, though, because Texas has deregulated energy and that makes choosing the best energy company a lot easier.
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.
†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.
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.
The Bad News: Earlier this year, Texas REPs, or Retail Energy Providers such as Frontier, TXU and Payless Power, were informed that energy prices will be high this summer. Electric Rates in major cities such as Dallas, Fort Worth, Houston, Corpus Christi and Waco are high across the board, making it almost impossible to believe a “cheapest energy” claim.
8. Study the results. For the selection cited above, several dozen companies recently offered rates in that range. Remember that the lowest rates could come from a company with a poor reputation, but more on that later. Contract lengths varied from one to 36 months. Each service plan comes with links to “Terms of Service,” “Facts Sheet,” “Signup” and “Special Terms.” When you click on these, you learn the nitty-gritty details. Many companies have minimums about the amount of power you must use, or you pay more. Carefully look for language about other fees.
In today’s world of rising energy prices and global concerns for the environment and sustainability, there’s never been a better time to get a handle on your energy usage and cost. The old adage “what gets measured gets managed” is very true, and your first step towards energy efficiency and cost savings is to simply track your bills. GreenQuest, your personal energy information website, does that and much more!
You can organize and shop by pricing at YOUR individual usage level, which allows you to shop and compare energy plans based on the rates you’ll actually see appear on your bill, inclusive of taxes and hidden fees. You won’t be misled by the “teaser rates” tied with higher usage levels that many homes never experience, as their usage level never reaches that pricing tier.