If you live in Dallas or the surrounding area, you have access to tons of great restaurants, shopping centers, and things to do. Therefore, saving money wherever you can is essential to have extra spending money to partake in these activities. While there are plenty of ways to save money, one of the best places to start is with your monthly utilities.
Because the majority of Texas has a deregulated electricity market, residents have the power to choose their own providers. However, there are more than 120 retail electric providers, specifically in Dallas, with hundreds of plans between them.
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Compare Dallas Electric Rates
Like over three-quarters of the Lonestar State, Dallas is home to a deregulated electricity market. As mentioned above, deregulation is great because it gives you the power to choose your electricity provider. However, deregulation also opened the doors to anyone who wanted to start a retail electric company.
As a result, hundreds of electricity plans are available in most parts of Dallas. If you dedicate 5 minutes of research to every plan to familiarize yourself with the rate, terms and conditions, and electricity facts and labels sheet, you could invest more than 24 hours manually comparing electricity rates.
Aside from manually comparing Dallas electricity rates, the other option is using a comparison tool. Electricity comparison tools, like the one at ElectricityRates.com, are websites dedicated to helping you quickly choose an electricity plan.
All you need to do is enter your ZIP Code into the free rate comparison tool at the top of the page, and we’ll display the top electricity plans in your area. From there, you can choose the right plan in less than 10 minutes rather than wasting hours of your time.
Who is the Cheapest Electric Provider in Dallas?
When searching for an electricity plan in Dallas, they first want to know who the cheapest provider is. Unfortunately, due to deregulation, electricity rates are constantly subject to change, and the cheapest provider today might not be the lowest price provider tomorrow. Therefore, rather than trying to see the most affordable provider, you should look for the best electricity plan for your specific needs instead.
Who has the Best Electric Rates in Dallas?
Once again, thanks to deregulation, it’s tough to say which REP has the best electric rates in Dallas because electricity rates change on a recurring basis. Therefore, the key to getting a consistently low electric rate is to lock yourself into a reliable, fixed-rate electricity plan. On average, fixed-rate electricity plans last for 12 to 36 months, and your rate won’t change during your contract.
Another good option is to choose a prepaid electricity plan. Prepaid plans are on a month-to-month basis, meaning you can select a new plan at the end of each month. While your rate may be subject to change, you can always choose a new plan if you’re unhappy with your new rate.
Regardless of which of these two types of Dallas electricity plans you prefer, you can shop for both of them at ElectricityRates.com.
What is the Average Electric Rate in Dallas?
Several factors will determine what your Dallas electricity rate is going to be. Rates change depending on the time of year, the economy, global events, your plan type, the weather, and more. On average, however, Dallas residents will pay around 14 cents/kWh for electricity and spend about $150 per month.
While this is the average electricity rate, you can pay much less than that amount when you take the time to compare electric rates in Dallas. In doing so, you can pay as little as 9 cents/kWh for your electricity, depending on your location.
How to Switch Dallas Electricity Companies
If you’re already enrolled in a Dallas electricity plan, you probably think it’s too late to compare electric rates in Dallas. However, this is untrue because you can switch Dallas electricity companies and plans anytime. Here’s how it works.
- Compare electric rates in Dallas using ElectricityRates.com.
- Choose the plan with the best rate, benefits, terms, and conditions.
- Complete the signup process entirely online and enroll in your new plan.
- Once you enroll in the plan, your new electricity company will contact your old one and notify them of your decision.
- Your new company will also notify your local utility company that you’ve switched providers and don’t want the power turned off at your home during the transition.
The only thing to watch out for when switching providers is that you don’t have to pay a hefty early termination fee. You can avoid this by switching providers near the end of your current contract or by working something out with your electricity provider. Check out our helpful page on renewing your Texas electricity contract here.
The Best Way to Compare Electric Rates in Dallas
There is no better place to compare electric rates in Dallas than with ElectricityRates.com. We’re an online comparison tool that displays the top plans from the best providers in your Dallas ZIP Code.
Compared to other comparison tools, we don’t want to choose your plan for you. You understand your needs better than we do and can make the right choice. We aim to equip you with all the information and details you need to make the right decision. Here’s how the process works.
- Enter your ZIP Code in the free rate comparison tool at the top of the page.
- You can then enter your home address for a personalized recommendation based on your location, home size, and usage history.
- We’ll then display all the electricity plans in your area, starting with the most popular option and proceeding down to the bottom.
- You can filter through plans according to the company providing them, the rate, the type of plan, or other criteria.
- Once you find a plan, simply click the Select button next to begin enrolling.
- The enrollment process is quick and can be completed in less than five minutes.
We’ll walk you through every step of the process and make it as easy as possible.