Consumers in Houston, Dallas, Fort Worth and Corpus Christi were promised bargains on electricity when the Texas Legislature deregulated the electricity market. But 16 years later they're still paying more for electricity than their counterparts in cities Texas lawmakers exempted from deregulation such as Austin and San Antonio, according to the Texas Coalition for Affordable Power which analyzed federal electricity pricing data.
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!
If you need cheap electricity in Fort Worth, TX, you’ve come to the right source. Vault Electricity provides you with a list of top electric companies that deliver cheap Fort Worth electricity rates through service plans that are designed for different needs. Each company on your list offers transparent pricing, has great business stability, and brings an eco-friendly approach to producing electricity.
“ I've NEVER had a problem with StarTex. I've had several others and their rates and fees always increase. Startex doesn't have the lowest rate, but they are about in the middle. I always use the "AMI" promotional code when I renew and it gives me the cheapest possible price...typically about .2 cents off per kWh. I pay via my banks bill pay system and have never had an issue. They send me monthly bills, they send me renewal notices, and their customer service has always been prompt and courteous. I would highly recommend StarTex for a reliable, cost efficient, and good power company. ”
You need cheap electricity in Fort Worth, TX, on a plan that meets your needs. That may mean choosing a plan with no credit check, a pay-as-you-go plan that gives you great financial control, or a green energy plan that mirrors your environmental conscientiousness, to name a few. We help you find a cheap electricity rate that’s part of a service plan that fits your specific needs.
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.
Even though customers in deregulated Texas markets routinely pay more for electricity, there is a bright spot. The gap between the average price paid for electricity between deregulated and regulated market has shrunk to 8.8 percent. In 2006, customers in deregulated cities were paying nearly 47 percent more for electricity than their counterparts in regulated cities.
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.
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.