What Is Fort Worth Apartment Electricity?

While Fort Worth isn’t as apartment-crazed as other major cities, such as Los Angeles and NYC, it has a fair amount of apartment buildings. Roughly 40% of Fort Worth residents are renters, many of whom live in apartments. Because individual apartments are technically residential living quarters, but apartment buildings are commercial properties, choosing the right electricity plan can be confusing for apartment dwellers.

If you’re one of thousands of Fort Worthians who live in an apartment and need a new electricity plan, you’ve come to the right place. This article will discuss what type of plan you should be looking for, things to consider, and who to turn to for assistance finding the best Fort Worth apartment electricity plan for your needs.

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Is Fort Worth Apartment Electricity Different From Other Electricity?

Apartment electricity usage in Fort Worth is exactly the same as any other type of commercial or residential property. Because Fort Worth has a deregulated electricity market, every renter in the city has the right to choose their own electricity plan. Once you make your choice, your electricity is delivered to your apartment using the same wires, cables, poles, meters, and transformers that everyone else uses in Fort Worth.

These poles, meters, transformers, and other components are monitored and controlled by your local utility company. They are responsible for ensuring electricity arrives at your apartment on time, and there aren’t any outages. If there are, Fort Worth’s utility company, Oncor Electric, will work around the clock to restore power. In short, Fort Worth apartment electricity comes from the same source and is handled the same way as other electricity in Texas.

How Does Fort Worth Apartment Electricity Work?

Although you’re living in a large building with dozens of other people, every individual apartment in Fort Worth is considered its own living space. Therefore, you are responsible for all your own utilities, including water, sewer, trash, and electricity. Because you don’t have to worry about finding water, sewer, or trash plans, electricity is often the biggest point of confusion for apartment dwellers.

Every Fort Worth apartment will have its own electric meter that measures your usage. The meter gives readings to your local utility company so they know how much power you use and how much to charge you. Where things get confusing is when it comes to choosing your electricity plan, but more on that later.

Do Apartments Need Residential or Commercial Electricity?

Despite being commercial properties, individual Fort Worth apartment tenants receive residential electricity. While both types of electricity come from the same source and are provided by the same utility company, residential and commercial electricity plans have different rates. Therefore, it’s vital to look for the correct type of Fort Worth apartment electricity plan when you’re in the market for a new provider.

What Are the Average Fort Worth Apartment Electricity Rates?

Currently, the average Fort Worth apartment electricity rates are around 15 cents/kWh. These rates are higher than usual for this time of year due mainly to inflation and our current economy. If you want to secure rates substantially lower than 15 cents/kWh in Fort Worth, enter your ZIP Code into the free rate comparison tool at the top of the page.

Can People Who Live in Apartments Choose Their Own Electricity Provider?

Whether or not you can choose your own electricity plan and provider has nothing to do with whether or not you live in an apartment. Instead, it’s all about what city you’re living in. Fort Worth has a deregulated electricity market and has had one since 2002, when Texas decided to give cities the option to deregulate.

As such, if you live in an apartment in Fort Worth, you can choose your own electricity provider. This is true even in massive apartment buildings where every resident can optionally have a different provider.

If There are Different Providers, Are There Different Utility Companies?

The beauty of deregulated Fort Worth apartment electricity is that, even though twenty residents in an apartment building might have twenty different electricity providers, they will have the same utility company. Here’s how it works.

• You use ElectricityRates.com to find an electricity plan from a solid company that matches your needs and usage pattern.
• Once you have read the fine print, electricity facts and labels sheet, and tiered usage rates of each of the plans you’re considering, choose the best option.
• Once you find your plan, you can select it and enroll immediately. Upon signing up, the company then contacts the local utility company, and they ensure that electricity gets delivered to your apartment.
• The same utility company, Oncor Electric, will always deliver your Fort Worth apartment electricity.

You see, your retail electric provider acts as a middle-man for your electricity needs. They do not generate or deliver the electricity, but they take care of contacting and compensating the companies that do. As long as you make your monthly electricity payments to them, you will receive a constant power supply.

Where Does Fort Worth Apartment Electricity Come From?

As with other types of residential and commercial electricity plans, your electricity comes from either fossil fuels or renewable resources. While you have the option of choosing a plan that comes from fossil fuels or renewable resources, such as solar or wind power, you can’t specify which particular power plant will create your electricity. That job falls to your retail electric provider, who has contracts with local power plants.

How to Choose the Best Fort Worth Apartment Electricity Plan

As you can see, Fort Worth apartment electricity is no different than other types of electricity in Texas. As such, it’s just as difficult to choose the right electricity plan for your Fort Worth apartment as it is for other types of buildings. You see, there are more than 120 retail electric providers in Fort Worth offering hundreds of plans between them. As such, choosing the best plan for your needs could take hours, if not days.

To save time and money, enter your ZIP Code into the free rate comparison tool at the top of the page. As an electricity comparison service, we will then display the best plans from the best companies in your area. You can choose the right plan and provider in minutes rather than hours or days.

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