4. Know your current contract terms. Before you shop, know what you already have. (Surprisingly, most people don’t.) What’s your kwh rate? Check your electric bill. It may be higher than what’s available elsewhere. (In Texas, last week it ranged from 4.9 cents to as high as 13.5 cents.) Also call your provider and ask for the date your contract expires. Find out whether your rate is fixed or variable. Start planning a possible switch a month before a contract expires.
On average, local residents pay $138 per month on energy, which stems from an average monthly use that amounts to 1,453 kWh. Compare this to national usage and billing, the citizens of the city consume more power than the average American, spending almost $20 more per month on power. The wide selection of electric companies and various rates play an important role when it comes to their bills, as they can range from less than $100 to over $200 per month with some of the lowest rates including $0.086 / kwh and $0.089 / kwh.
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.
Add JustGreen to any plan and we’ll buy renewable-energy credits equivalent to 100 percent of your energy usage. This helps offset your emissions and supports energy projects like wind and solar farms. For Dallas residents who worry about the size of their carbon footprint in such a large city, that’s a huge perk. So if you want an electric and lights company that cares about the environment as much as you do, get Amigo Energy today.
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.
Check to see if there are any special offers available. Some electricity companies offer you a special discount if you sign up for a long-term contract or continually pay your bill on time. Some companies also offer freebies (e.g. high-tech thermostats, restaurant gift cards, sports team apparel) for customers who enroll in particular plans. You should never choose a plan based on these things, because such gimmicks are rarely worth it – they don’t save you money. This is also true of plans that offer free nights or weekends, because you won’t receive the best electric rates throughout the rest of the week.
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.
Legislation deregulating the energy market for most of the Lone Star State, including Dallas, took effect in January 2002. This means that, while a single utility provider will continue to deliver the electricity, consumers now can compare prices offered by several suppliers. Customers also can choose from different variable-rate and fixed-rate plans. Energy deregulation in Dallas has stimulated competition between providers. This has led to lower rates relative to the national average. Check rates out here.
“I met Elisa Kaplan, President and CEO of Lantern Power, a few years ago. Since that time I have involved Lantern Power with multiple business opportunities, residential and community organizations. In each and every instance, Elisa has not only done what she said she would do… she has exceeded expectations! Since our initial meeting, Lantern Power has created a long list of satisfied clients.”
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.