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Is Month-to-Month Electricity in Dallas Right For Me?

Updated: 05/22/2023

Aside from Houston, Dallas is often considered one of Texas’s largest and most significant energy centers. The city boasts more retail electric providers and electricity options than most other parts of the state. In addition to some of the best fixed and variable-rate options, Dallas is also home to several high-quality month-to-month electricity plans.

While month-to-month electricity in Dallas is becoming popular, it’s important to understand precisely what it is and how it works before making your final decision. Certain aspects of month-to-month electricity are better than other plans, but others leave people wanting more. The only way to know for certain what type of plan is right for you is to examine the details of this article and trust the pros at when making your choice.

What is Month-to-Month Electricity, and How Does It Work?

Month-to-month electricity, often referred to as prepaid or no-deposit electricity, is a type of plan where you pay for electricity before using it. Unlike other plans where you pay your power bill at the end of the month, you pay your prepaid bill at the start of the month. Here’s how it works.

    1. Calculate how much electricity you use per month.
    2. Next, enter your ZIP Code into the free rate comparison tool at the top of the page.
    3. In the search results, look for plans that are marked as prepaid.
    4. Browse through the list of prepaid plans in your area to determine which is best for you.

While month-to-month electricity plans operate on a month-to-month basis, you may still have to sign a 6 to 12-month contract. However, you have the option of exiting your agreement at any time if your location status or circumstances change. Signing the contract ensures that your rate won’t change from when you sign up to the end of your contract.

Are All Month-to-Month Electricity Plans Prepaid?

While prepaid plans are the most popular type of month-to-month electricity plans, they aren’t the only kind. The second type of month-to-month plan is referred to as a variable-rate electricity plan. As the name implies, variable-rate plans don’t have a fixed rate that stays the same throughout the duration of your contract.

Instead, variable-rate electricity, as with a variable-rate mortgage, has rates that might change from month-to-month. Because of the risk of increasing rates, these plans are offered on a monthly basis, which means you can opt-out at the end of each month. Variable-rate plans and prepaid plans are the two types of monthly electricity options in Dallas.

Can I Get Month-to-Month Electricity in Dallas?

Depending on where you live in Dallas, you can sign up for a month-to-month electricity plan. Prepaid plans have become so popular in recent years that they’re available in most parts of the state. It all depends on your ZIP Code and the providers in your area.

The reason that the list of providers matters in your area is that not all REPs offer month-to-month electricity in Dallas. Many are sticking to their roots and only offer fixed-rate plans, with the former being the most popular. However, some REPs have picked up on the growing need for affordable, reliable month-to-month electricity in Dallas, and Payless Power is leading them.

Reasons to Choose Month-to-Month Electricity

Now that you have a better idea of what month-to-month electricity is in Dallas and how it works let’s look at why people love these types of plans.

Increased Flexibility

The main reason that people like month-to-month electricity in Dallas is because of the flexibility it gives them. There’s no pressure to sign a long-term contract and risk getting locked into a bad deal. Instead, with a month-to-month plan, you can re-evaluate your budget and usage at the end of each month and choose to re-enroll or find a new plan.

No Deposit

Another advantage of prepaid month-to-month electricity plans is that they don’t require a deposit or down payment. However, although prepaid month-to-month plans don’t need a deposit, variable-rate plans do.

No Credit Check

Once again, because the REP isn’t taking on any risk with a prepaid month-to-month electricity plan, they don’t require a credit check. However, as with deposits, the same doesn’t hold true for variable-rate month-to-month plans.

Reasons to Avoid Month-to-Month Electricity

While there’s plenty to love about month-to-month electricity in Dallas, these plans aren’t all rainbows and butterflies.

Higher Electricity Rates

The biggest reason electricity experts will try to discourage you from choosing month-to-month electricity in Dallas is that it’s more expensive. In general, month-to-month electricity plans cost between four and six cents more/kWh than fixed-rate plans. Month-to-month plans also have fewer rewards than fixed-rate plans since there’s no guarantee you’ll stick with the plan.

Less Stability

While some people love the flexibility of month-to-month electricity, others hate it and crave stability. You’ll only find stability with a long-term fixed-rate plan where you sign a contract for at least one year.

Pressure to Find a New Plan Each Month

If you don’t enjoy researching and finding new electricity plans, month-to-month electricity isn’t for you. Your current rate will increase with this plan, so you’ll have to find a new one every month.

How to Choose the Best Electricity Plan in Dallas

If you’re looking for the best month-to-month electricity plans in Dallas, enter your ZIP Code into the free rate comparison tool at the top of the page. Once you do that, we’ll compile a list of your area’s best month-to-month and fixed-rate electricity plans. After you find your preferred plan, you can sign up for it directly through our website. We make finding the right electricity plan as quick and easy as possible.

Whether you prefer prepaid or postpaid electricity, you should choose your plan using We’re one of the top electricity comparison services in Dallas and the surrounding area and are sure to find a plan that meets your needs. In addition to the rates of a given electricity plan, we also display any hidden fees, tiered rates, benefits, and other information about the plan. You can rest assured that you’re getting all the information you need to make the right decision when you trust the pros at Dallas, TX Location

  • Address: 2919 Commerce St, Dallas, TX 75226
  • Phone: (972) 585-7858