There are over 50 retail electric providers competing for your home and business in the Texas electricity market. Whether you are located in Houston or Dallas, Cypress, Spring or Tomball, or ANY of the deregulated areas throughout Texas, Lantern evaluates hundreds of offers to find the lowest cost available for your home and business. Our report is free and if you accept our recommendation, the power company of your choice will pay us a finder’s fee!
Free Nights & Free Weekends electricity plans are an incredibly popular choice for Texas electricity customers. Providers have answered customer’s demand with several ‘free time’ electricity plan choices. Most of these time of use plans offer free weekends, while others offer free nights or even a free month of electricity. Customers love the idea of free electricity, and why not? Hot summers in Texas require a lot of electricity!
If you’re only going to be living in your current home or apartment for a short period of time, you may want to consider a 12 month plan which typically has better rates than shorter term plans. If you move during the term of your contract, you can either transfer your electricity plan to your new address (if possible) or cancel your contract. According to the rules of the Texas Public Utility Commission, your provider cannot charge you a cancellation fee if you provide proof of a change of address.
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Living in the Dallas metroplex area and being served by Oncor as your local electric utility means that you have the power to choose from among dozens of competing electricity providers. All of them offer multiple rates, contract lengths and discount offers. In addition, each provider has its own website designed to lead you through the maze of complicated offers, which are often filled with confusing EFL details, overlooked fine print, and introductory rates. As a result, many customers are still confused by legal terms and narrow usage level bill credits frequently used on electricity plans for marketing purposes. As a result, they often end up getting surprised by unexpected fees and missing out on potential savings on their electric bills.
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.
Are you currently a small business owner or looking to relocate your small business to Dallas? Shopping commercial electricity rates with electricity scout is really stress free and convenient. To get the least expensive commercial electricity quote, all you have to do is visit our Commercial Energy Services page and complete our request for quote form. This will notify the best energy providers servicing small Business in Dallas to generate a proposal specifically for your company.
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.
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.
Lantern Power finds the lowest electric rates for your Texas home and business. Lantern evaluates hundreds of offers from over 50 electricity providers to find the best electric rates for your home, and requests custom quotes for your business. There is no cost for our report and no obligation to accept our recommendation, but if you do, the electric company pays us - so it costs you NOTHING to leverage our expertise!
To enroll with an electric company, your credit history will be reviewed. Be sure to have your driver’s license number or social security number handy when completing your enrollment on the electricity provider’s secure site. Electricity companies have different credit requirements and change them periodically. At most, the electricity provider may request a deposit equal to two months of estimated billing.
Shopping wisely for electricity means more savings for your household. But there are a lot of options out there, and it can be confusing. Luckily at www.TexasElectricityRatings.com, we do the hard work for you. Remember to always read a plan’s Energy Facts Label (EFL) before you decide. Visit us to find out more on how to for more information on how to shop for a new Dallas electric supplier before you make the switch.
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!
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:
In 2002 Bill 7 was passed and electricity in the area became deregulated. This means that residents in Dallas, Texas can shop for an electricity provider of their choice. As such, you’ll have the ability to choose who you get your electricity from and how much you’ll pay for it. Of course, this means that there’s now competition in this area for who can provide you with the cheapest electricity rates. At the same time, you’ll enjoy more control over your electric bill. Together everyone will benefit from greater flexibility.
Are you still browsing for Dallas energy options that align with your home's energy consumption? We've evaluated supply offers in your area from leading energy companies. Electricity rates in your neighborhood will vary, so make sure you understand what you're looking for. Shop for a supply rate based on company history, contract type and length, customer rewards and more.