In addition to being home to the Mavericks, Stars, and Cowboys, Dallas is also home to one of the most competitive electricity markets in Texas. Due to deregulation in the early 2000s, there are more than 120 retail electric providers in Dallas. As such, most residents will likely use more than one source of electricity during their lifetime.
If, for whatever reason, you’re currently enrolled in a plan with an REP and want to move on to a new one, you’ve come to the right place. Because of how the electricity market is set up in Texas, switching from one provider to another can be a bit of a chore. However, this article will tell you everything you need to know about how to switch electric companies in Dallas, good reasons to change, and how to find the best plan for your needs.
Shop Dallas Electricity Rates
Plan | Rate Per kWh At 1000kWh avg. usage |
---|---|
4Change Energy Maxx Saver Select 24 24 Months | 10.5¢ Select |
4Change Energy Maxx Saver Select 12 12 Months | 10.5¢ Select |
Frontier Utilities Frontier Saver Plus 12 Plan 12 Months | 10.6¢ Select |
APG&E True Classic 6 6 Months | 12.7¢ Select |
Constellation 12Mo Usage Bill Credit + A/C Protection 12 Months | 13.9¢ Select |
- 100% Renewable Sources
- A/C Protection Included
Table of Contents
Should I Switch to a New Dallas Electric Company?
Whether your needs have changed, you’re moving, or you’re simply tired of your current provider, there are plenty of reasons to switch electric companies. Here are four of the most significant indicators.
Price Changes
The main thing most people look at when it comes to their electricity plan is the price. Electricity prices are based on a cent/kWh basis, such as 15 cents/kWh or 10 cents/kWh. Both fixed and variable-rate plans are subject to price changes depending on the terms and conditions of your plan.
Therefore, if your prices increase too much, it could be a sign that it’s time to change plans. However, it’s important that the rates of your new plan are better than the rates of your old one. Otherwise, there’s no point in switching, and you should wait until the end of your current contract.
Your Needs Have Changed
When most people choose their electricity plan, they do so based on their usage. This is because plans have tiered rates, which means your rate increases or decreases based on how much power you use. Therefore, if your needs have changed from when you initially chose your plan, there’s a good chance that your rate has also changed.
If this is the case, changing to a new plan that fits your budget is important. Otherwise, you’ll be stuck overpaying for years to come.
You Are Moving
Depending on who your current electric provider is, there’s a chance you can’t stick with them if you’re moving to a new address. While some providers offer transferable plans, others do not, and you must re-enroll into a new plan every time you move. You can optionally choose a plan from the same company or branch out and find a new and better one.
You Want a Different Type of Plan
There are four different types of electricity plans available in Dallas – fixed-rate, variable-rate, prepaid, and flat-rate. Of these plans, fixed-rate plans are the most popular and readily available, flat-rate plans are the most reliable, and variable-rate and prepaid are the most flexible.
If you’re unhappy with your current plan and want a new one, switching electricity providers is often necessary. While some companies offer different types of plans, many merely provide various options of the same kind of plan.
What to Look For in Your New Electric Plan
If you’ve weighed the pros and cons of switching electricity plans and providers and have decided that it’s time, here’s what to look for with your new plan.
Check the tiered usage rates within the plan to make sure that the best rate falls within your average monthly usage.
- Choose the type of plan that’s right for you. Fixed and flat-rate plans are the best option if you want long-term stability. If you value flexibility and switching plans again at a moment’s notice, prepaid and variable-rate is the way to go.
- Check for hidden fees within the terms and conditions of the plan.
- Many plans have rewards and benefits, so look for those as well.
Enter your ZIP Code into the free rate comparison tool at the top of the page to start the process of finding a new electric plan in Dallas!
Early Termination Fees: What You Need to Know
Another huge thing to watch out for when switching electricity companies in Dallas is early termination fees. Long-term fixed-rate plans often have penalties built into the plans for terminating the plan prematurely. These fees are usually a flat rate or a monthly charge that varies depending on how many months are left on your plan.
If your ETFs are on a monthly basis, which has become the new norm in Dallas, it’s important to wait as long as possible before ending your plan. Otherwise, you could spend hundreds of dollars to get out of your current plan only to enroll in a new one.
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How to Switch Your Electric Company in Dallas
When it comes to actually switching electricity companies in Dallas, you have two options. Your first option is to do a manual switch where you research all the plans and companies in your area until you find the best one. Unfortunately, because there are hundreds of plans and companies, a manual switch can take up valuable time.
If you think that making a manual switch sounds like a lot of work, that’s because it is. Manually researching and switching plans can take several days, and there’s a chance you won’t choose the right plan. If you want to avoid this possibility, let us help you switch electricity companies in Dallas. Here’s how the process works.
- Enter your ZIP Code into the free rate comparison tool at the top of the page.
- Scroll through the customized and optimized list of plans we display according to your needs and preferences.
- Once you find your plan, you can select it and enroll immediately.
- There won’t be any service interruptions while we switch you from your old plan to the new one.
It really is that simple! When comparing and choosing the top energy companies in Houston, ElectricityRates.com is the way to do it.
ElectricityRates.com Dallas, TX Location
- Address: 2919 Commerce St, Dallas, TX 75226
- Phone: (972) 585-7858