In Texas, a transmission and distribution service provider (TDSP) is different from a retail electric provider (REP). While you can compare electricity rates through REPs, your TDSP is determined by where you live so you don't get to choose or change it. Oncor handles almost 120,000 miles of power lines and delivers electricity to homes and businesses. Also, the company assists about 10 million energy users in Texas.
If you’re searching for the cheapest electric plans in Dallas, you’ll probably notice that providers offer three different rates for each plan. These rates represent the average rate you would pay for 500, 1,000 or 2,000 kilowatt-hours (kWh) per month. In Texas, electricity providers are required to display these three rates for each electricity plan in order to give customers a general idea of the rates for a given usage level.

If you don’t want to commit to a two year fixed-rate plan, then Gexa also offers the Gexa Saver Supreme with an energy charge of 12.5 cents per kWh. At 1000 kWh of usage, the average rate of this plan is only a penny more than Gexa Saver Supreme 24 or just 8.8 cents per kWh. But with those slightly higher rates, comes a much cheaper early termination fee of only $150.

What can be better than cheap electricity from a reputable Texas energy company? Gexa Energy’s Gexa Saver Supreme 24 plan has an average of 8.7 cents per kWh for 1000 kWh of usage. The plan’s energy charge is12.4 cents per kWh but that cost lowers significantly if you use between 1000 – 2000 kWh in one billing cycle because you’ll receive a $75 bill credit.
Constellation’s 12 Month Usage Bill Credit offers cheap early termination fee electricity in Dallas. This plan’s energycharge is 8.9 cents per kWh. The TDU also adds the $3.49 per month and 3.4 cents for each kWh on top of that rate. But just like the other two plans, customers are eligible for a bill credit. When you use 1000 kWh in a billing period, you’ll receive a $35 bill credit. You’ll receive another $15 when you hit 2000 kWh of usage in a single month. The result is a low average rate of 9.2 cents per kWh for 1000 kWh of energy use.
The city of Dallas is poised to reap huge benefits from a transformation in how energy is distributed. That’s because there’s a will and a way to get consumers savings on their electricity bills through the use of a competitive market. Texas is already ahead of the game on energy. It’s known for having plenty of oil, but it’s also got a rapidly growing renewable sector. Now, consumers can save on their monthly bills by switching to a retail electricity provider that offers lower rates.

Two companies provide electric service to your facility: the Retail Electric Provider and the wires company (also known as the Transmission and Distribution Service Provider, or the Transmission and Distribution Utility, or the utility company). In Houston, it is known as CenterPoint Energy. When their charges have not been included in the price quoted to you by the Retail Electric Provider, there will be extra line items on your bill.
Electric choice is beneficial because energy shoppers can find a supply plan to suit their lifestyle. Do you live in University Park, Highland Park or North Dallas? Families could look into options that provide stability and a price-protected supply rate. Different energy companies in Dallas might offer energy-efficient products such as a renewable energy plan or smart thermostat.
In Texas, a transmission and distribution service provider (TDSP) is different from a retail electric provider (REP). While you can compare electricity rates through REPs, your TDSP is determined by where you live so you don't get to choose or change it. Oncor handles almost 120,000 miles of power lines and delivers electricity to homes and businesses. Also, the company assists about 10 million energy users in Texas.
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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:
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!
With Reliant, you have access to services beyond just electricity. When your home needs some extra TLC, we offer repair and maintenance services to fix issues or help prevent home maintenance disasters from happening.1 Now offering services in the Dallas metro area, as well as Houston, Reliant is your partner for HVAC maintenance, electrical and plumbing services and a variety of other home services in Texas.
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