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A lot of corporations set up their bases in Dallas or Fort Worth. Surrounding cities such as Irving and Plano are also becoming business centers. Whether your business is a corporation located in one of these cities, or a small, local business located in and around the DFW metroplex, you can email us about finding lower electricity rates that you’ve ever found before.
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.
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.
Residents get to choose their provider as there are many different ones serving the area. With a total of 7.5 million customers, Oncor Electric Delivery manages Fort Worth's utility service areas and distributes power to residences. Although residents can only have Oncor Electric Delivery as their utility company, they get their choice of suppliers. Several energy providers serve Fort Worth, and it can sometimes be hard for people to know which service to select. Choose Energy helps connect consumers with reliable energy companies such as TriEagle Energy, TXU Energy and Direct Energy.