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.
6. Conduct a thorough search. Go to this website: powertochoose.org. (If you don’t have an Internet connection, visit your public library and ask a librarian for help. Or ask a friend or relative to help you.) Enter your ZIP code and start searching. When you find an offer you like, make sure to go to the company’s website. Sometimes the company’s price might be cheaper than what’s shown on powertochoose.org.
With all this information in mind, you’re ready to search for the “right” electric company. Never settle for a company just because their name is familiar to you. This doesn’t mean that you can trust them to offer you low electric rates or that they’ll quickly restore your electricity if there’s an outage. (Remember, all electricity is delivered through the same company, so it’s up to this company to restore your electricity when there’s an outage). Instead, you’ll want to base your choice on things like pricing and the company’s customer service record. In this regard, you’ll want to learn about how many complaints people have made regarding the company you’re thinking of choosing. It may surprise you to find that some well-known Dallas electricity companies have poor scores, while companies you’ve never heard of before score quite well.
Most Dallas providers offer fixed-rate and variable-rate supply plans. A fixed-rate plan provides price protection for the contract’s duration. A variable-rate plan might change from month to month depending on energy market changes. Both types of plans have pros and cons, so click here for an in-depth explanation of each. Many providers also offer green energy supply plans, a variety of term lengths, rewards programs, automatic bill pay and other customer perks.
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.
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.