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 .
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.
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BREAKING NEWS (May 30, 2018) Breeze Energy is leaving the Texas market effective immediately, ElectricChoice.com has just learned. Breeze Energy is a retail electric provider (REP) providing 100% wind energy to thousands of customers in Texas. They’re estimated to have over 9,000 customers and accounts including residential, commercial, and multi-family units. Lead by John Spicer (President), Breeze Energy was incorporated in the state of Texas on December 12, 2000. They have been registered with the Better Business Bureau since 2013 and currently have an A+ rating. We’ve reached out to Mr. Spicer for comment and will update this post...
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.
Free Nights & Free Weekends electricity plans are an incredibly popular choice for Texas electricity customers. Providers have answered customer’s demand with several ‘free time’ electricity plan choices. Most of these time of use plans offer free weekends, while others offer free nights or even a free month of electricity. Customers love the idea of free electricity, and why not? Hot summers in Texas require a lot of electricity!
Most of the DFW metroplex is serviced by utility provider Oncor Electric Delivery, who REPs or retail electricity providers purchase the energy from and set plans with rates to compete against one another for your business. Quick Electricity is proud to have partnered with top light companies such as Direct Energy, First Choice Power, Payless Power, Tara Energy, Amigo Energy, Frontier Utilities and more. Below, we’ve identified some of the best plan options in the DFW area and their rates per kW hour.
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...