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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.
You might be unsure about how to decide between a big signup bonus and a low rate. At this point, you need to think about the length of the contract you’re signing. Some companies offer variable Dallas electricity rates, while others want you to sign a one- or two-year fixed agreement. Whatever rate structure the company is advertising, think about the fact that you’ll have to pay this rate for the duration of your contract. And if you’re getting a great signup bonus, double check to make sure it’s worth the commitment.
First Choice Power has been certified as a retail electricity provider in Texas since 2001. Offering many types of plans, First Choice Power also makes a point of supporting the communities it is a part of. Across Texas, First Choice Power invests in hunger relief programs and offers grants to local organizations making a difference in their communities.
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!
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.
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.