Unlike with long-term plans, monthly, variable rate (no-contract) plans have no cancellation fees. You won’t have to pay a penalty if you decide to take your business elsewhere because you found a better deal. Plus, you won’t be left paying more than you should if the market rate for energy trends down. However, if the market prices rise, you’ll have to pay more than those who are in-contract.

Based in Houston, TX, Direct Energy operates as a residential energy retailer in 11 U.S. states and two Canadian provinces. As a wholly owned subsidiary of Centrica, plc, Direct Energy is now the largest residential energy supplier in North America. Various packages and plans are available to residential customers in Ohio, Illinois, Indiana, Michigan, Pennsylvania, Maryland, New Jersey, New York, Connecticut, Texas and Massachusetts.
At ElectricityPlans.com you can shop and compare “Free Electricity at Certain Times” from the most reputable electricity providers in the state. There are one-year and two-year term versions of these time of use electricity plans. ElectricityPlans.com outlines all of the necessary plan details for each free time plan so that the consumer can make an informed decision about which plan best fits their needs.
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.
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.

Dallas area residents now have the option for choosing their electric provider. However, with all of the different plans that are available, it can be difficult to make the right decision for your particular electricity needs. You may find yourself overwhelmed by the number of options presented to you by all the electric company advertisements or concerned about shady marketing gimmicks.

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