Check your current bill for the last few months to find out your average monthly usage and base your rate search on that usage level. For most Dallas residents, 1,500 kWh is about the average usage. The rates displayed by each provider are calculated based on a combination of energy rate and utility delivery charges. When you shop with ElectricityPlans.com, you can view the Plan Details and Pricing link next to each plan to determine how much you would pay for your electricity based on your actual usage for any given plan.
Whether you live in a large city or small town, we can save you money! Where do we provide Texas electricity? We service customers in more than 400 deregulated communities in Texas. We work with principal utilities throughout the state of Texas to provide prepaid electricity. The utilities are: Oncor in the Dallas / Fort Worth Metroplex and various parts of West Texas; CenterPoint Energy in Houston and the surrounding areas; AEP Central in Corpus Christi and surrounding areas; AEP North in Abilene and other North Texas communities.
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.
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.
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.
Electricity rates in Texas are not fixed. Your rate can vary greatly depending on your usage and your electric plan. Some plans have relatively flat rates, while others can be all over the place. This means that you could end up paying 7¢ for 999 kWhs and 8.5¢ for 1001 kWhs. That would be a 16% increase because you microwaved a few potatoes. Learn more on the different plan types here.
Security by Reliant isn’t your everyday alarm system.2 This all-in-one security system provides 24/7 live security monitoring services, complete with tamper-proof devices such as image sensors, cameras, wireless door locks, smart plugs and more. You can customize the equipment included with your system and enjoy remote access to your security system3 via the Reliant Connect app.
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.
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!
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!