About 14 years ago, Texas deregulation laws initiated competition for electric companies. In Fort Worth, people in the community can pick a retail electric provider (REP), but not all renters, business owners and homeowners in Texas have this option. If consumers own a business, live or rent in the city, they can decide amongst Fort Worth electric rates in their ZIP code.
With close to 1 million residents, Fort Worth is a part of a fast-growing metropolitan area – including Arlington and Dallas – in North Central Texas. The city is made up of seven districts, all of which are deregulated. Aside from Fort Worth electricity supply options, the city has hidden gems when it comes to entertainment. Check out local spots such as craft breweries, music halls and authentic western apparel stores. The city is known as "Where the West Begins" for a reason!
Half of 2017 has now passed, which means we should be able to highlight trends from the first half of the year and compare them with last year to project where energy rates might be for the remainder of 2017. These comparisons can help businesses better anticipate what the rates could look like for the remainder of the year and budget accordingly. Energy Trends At the moment, the 2017 average rates for electricity by state are only available for the months of January to April. That being said, there is still a lot of information we can gather about...
On July 5, 2017, Spark Energy Inc. published a press release announcing that their acquisition of Verde Energy is official. Verde Energy will now offer its services within Spark Energy Inc.’s brand of products. About Spark Energy Inc. Founded in 1999, Spark Energy Inc. is a retail energy provider for both residential and commercial energy consumers in 19 states. They provide services to 94 territories with headquarters located in Houston, Texas. The company provides a wide range of services with an emphasis on reasonable rates, stable rates as well as green energy options. About Verde Energy Verde Energy is a...
In Fort Worth, 0% of people have switched to a plan that has some renewable energy component to it. Another 0% have switched to a plan that is partially renewable, while 0% have switched to a plan that powers homes completely by renewable electricity. This of course means that 100% of people have remained on a plan powered by traditional sources of electricity such as coal or nuclear power.
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...
Since the deregulation of energy began impacting Dallas/Fort Worth in 2002, the residents of the DFW metroplex have been given their choice of electricity provider. The power to choose prepaid electricity in Dallas and Fort Worth has brought about a new way to buy electricity by means of a smart meter. Smart meters read electricity usage in real-time, allowing electric companies to connect a customer and read their daily usage in minutes. This in turn saves the company money and allows them to pass the savings on to you, the customer.
When you receive your electricity bill at the end of the month, you will see many different charges included. One charge that tends to trip people up more often than not is something called capacity charges. You might not know this but capacity charges can appear as the “second highest cost-per-kwh on your bill“– after generation. In order to help clarify this term and what exactly it means for your pocket book, we’ve pulled together everything you need to know about this particular charge. What are Capacity Charges? Capacity Charges are based on the highest amount of energy you...
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About 14 years ago, Texas deregulation laws initiated competition for electric companies. In Fort Worth, people in the community can pick a retail electric provider (REP), but not all renters, business owners and homeowners in Texas have this option. If consumers own a business, live or rent in the city, they can decide amongst Fort Worth electric rates in their ZIP code.
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