But competition didn't necessarily end up cutting prices, according to the report. One contributing factor is confusion among customers as they try to choose among scores of retail electricity providers and the overwhelming variation of plans, leading many to just stick with familiar companies rather than look for better deals, according to the Texas Coalition for Affordable Power .
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.
Along with its sizeable population, the city also maintains one of the higher electricity usage levels in Texas and averages 1,400 kWh worth of consumption per month, exceeding the national average by around 500 kWh. In addition, residents pay an average monthly electricity bill of over $130, once again topping the US average. This makes the ability to select from various service providers important, as it presents an opportunity for the people to cut back on the expenses they incur each and every month.
Texas deregulated most of the state's electricity markets in 2002, a move aimed at lowering electricity costs by letting consumers choose their own electric power providers and their own plans. Some parts of Texas continued to be regulated, including those that get power from municipal utilities, electric cooperatives and investor-owned utilities that operate outside the state's primary power grid.
Energy Services and Plans vary by Zip code, so when searching for electricity rates for 76111, it is important to consider every electricity company. An electricity company might have a high rate for one Zip code but then a very attractive and cheap energy rate for another zip code. Below you will see nearby cities and other Zip codes for Fort Worth - if any.
There are many people across the United States that rely on government run assistance programs to help pay their electricity bills. The primary purpose of these assistance programs is to ensure that everyone, regardless of financial income, has access to basic needs like electricity. Texas in particular offers a few assistance programs. However, as of late there has been some confusion as to which plans continue to provide electricity consumers with assistance, and which ones have ended. One of the biggest programs we get questions about the most often is Lite-Up Texas. This assistance program is actually defunct, meaning that...
The Dallas-Fort Worth Metroplex is made up of 10,000-plus business headquarters. Fort Worth businesses can request a custom supply rate to reflect past and expected energy consumption. Also, energy-conscious businesses should inquire about renewable energy supply plans or add-ons. In Fort Worth, energy efficiency is held in high regard. The city created the Business Smart program to recognize businesses that are making eco-friendly changes to the way they use energy, reduce waste and more. If you're interested in a business energy plan, reach out for help from our business energy specialists.