When it comes to choosing your electric company, there are a ton of things to consider. While intangible qualities, such as integrity, transparency, and respect for customers, are important, they’re no more important than tangibles, such as the cost, perks, and terms and conditions of electricity plans.
In fact, choosing between quality and affordability is one of the toughest decisions for most people in search of an electric company. If you want the best of both worlds in the form of an affordable, high-quality electricity plan, enter your ZIP Code into the free rate comparison tool above. We’ll help you find your area’s best and most affordable plan while ensuring it has everything you need.
Table of Contents
- Why Are Some Electric Companies Cheaper Than Others in Fort Worth?
- Shop Fort Worth Electricity Rates
- Who Has the Cheapest Electricity Rates in Fort Worth?
- What's the Difference Between a Cheap Electric Company and an Expensive One?
- Who is the Electric Provider For Fort Worth, TX?
- Things to Consider Besides Cheapness With a Fort Worth Electric Company
- All Fort Worth Electricity Rates
- How to Choose the Best Electric Company in Fort Worth
Why Are Some Electric Companies Cheaper Than Others in Fort Worth?
Like many other parts of Texas, Fort Worth has a deregulated electricity market. Deregulation means that Fort Worth’s electricity market is competitive, unregulated, and essentially a free-for-all. As a result, anyone with enough money, overhead, and ambition can start their own retail electric provider that buys and sells electricity to residents of Fort Worth.
Because of deregulation and a highly competitive electricity market in Texas, there are more than 100 REPs operating in the Fort Worth area. Each provider can determine their own plans, rates, and conditions, leading to a wide price disparity between certain companies. In addition to open competition, deregulation also means that residents of Fort Worth have the power to choose their own REP and plan.
Shop Fort Worth Electricity Rates
| Plan | Rate Per kWh At 1000kWh avg. usage |
|---|---|
| 4Change Energy Maxx Saver Select 24 24 Months | 11.4¢ Select |
| 4Change Energy Maxx Saver Select 12 12 Months | 11.4¢ Select |
| Frontier Utilities Frontier Saver Plus 12 12 Months | 11.4¢ Select |
| Rhythm Simply Select 6 6 Months | 14.0¢ Select |
| Constellation 12Mo Usage Bill Credit + A/C Protection 12 Months | 14.9¢ Select |
- 100% Renewable Sources
- A/C Protection Included
Who Has the Cheapest Electricity Rates in Fort Worth?
While deregulation allows electricity providers to create their own plans and set their own rates, it doesn’t mean they have to remain consistent. As a result, it’s tough to say which company has the overall cheapest electricity rates and plans. Theoretically, today’s most inexpensive company might be the most expensive tomorrow, and vice versa. Therefore, it’s crucial to find the cheapest and BEST plan from the best company rather than focusing on price alone.
What’s the Difference Between a Cheap Electric Company and an Expensive One?
From the outside looking in, it’s tough to distinguish the difference between a cheap electric company and an expensive one. Unlike with other products, just because you pay a higher rate for electricity doesn’t mean it’s better or different than electricity from another provider. Ultimately, price differentials between providers often come down to several things.
Brand and Reputation
Just like any other business, reputation, brand, and name recognition go a long way in the electricity market. Certain companies like Reliant and Direct Energy have been around a long time, are massive, and have a reputation that precedes them. As a result, they can charge slightly more for their electricity because people know they can trust them.
Customer Service
Customer service is another biggie when it comes to electricity prices in Texas. Companies that have more and better customer service representatives charge more for their electricity because of the additional overhead. However, these companies are much better at restoring your power after an outage, answering complicated billing questions, and addressing your needs than companies with inadequate customer service.
Electricity Source
Finally, where your REP purchases their electricity will impact the price. The more they have to pay on the wholesale cost, the more they will charge you on the retail end. There are three main sources when it comes to providing electricity to the power grid: fossil fuels, renewable energy and nuclear energy.
Who is the Electric Provider For Fort Worth, TX?
While there are many different retail electric providers in Fort Worth, only one utility company manages the Fort Worth electricity power grid. Currently, Oncor is the utility company that ensures that electricity makes it from the power plant to your home on time and intact. A portion of your monthly electric bill goes to pay them for their services, which also affects your electricity cost.
Things to Consider Besides Cheapness With a Fort Worth Electric Company
While the cost of your electricity is a significant factor when choosing the right electric company, it shouldn’t be the only one. Here are a few additional things to consider when selecting your provider and plan.
- The quality of their customer service.
- Online reviews will tell you the world about the integrity and quality of an electric company.
- Look into the background and reputation of an electric provider you’re considering.
- Does the electric company in question have plans including benefits, rewards, and perks you can use?
- Does the electric company in question have hidden fees?
- Transparency is key when choosing an electric company and plan.
- Does the provider have the TYPE of plan that you want?
Check out our Best Texas Electricity Providers page for more information on who has earned solid marks on product offering, customer satisfaction and community outreach to help you in the search for finding a quality and affordable electricity provider. By considering each of these things and factoring in the cost of your plan, you can choose the right plan from the provider, and ElectricityRates.com can assist you in this process.
All Fort Worth Electricity Rates
How to Choose the Best Electric Company in Fort Worth
Even if you know the type of plan you want, the benefits you’re looking for, and the company you wish to enroll with, the hard work is just beginning. If you live in Fort Worth or the surrounding area, you’ll have dozens, if not hundreds, of electricity plans and companies to sift through. That’s where ElectricityRates.com comes in.
We’re an electricity plan comparison company, and our only goal is to make finding your next electricity plan as easy as possible. All you need to do is go to our website and enter your ZIP Code into the free rate comparison tool at the top of the page, and we’ll display all of the plans you’re eligible for. We lay out each of these plans in a way that’s easy to read and understand, making it easier for you to make the right choice.
While it will still be up to you to choose and monitor your plan, we make the process as easy as possible. In addition to the rates of each plan, we also display the fine details, electricity facts label sheet, and overall reviews of the company in question. Using us to help you choose your next electricity plan, you can save hundreds of dollars annually!