If you live in Fort Worth or the surrounding area, it’s crucial to understand how the electricity market works. While this might sound straightforward, it’s more complicated than you might think. Fort Worth is home to a deregulated electricity and energy market. As a result, there are several different types of energy companies in Fort Worth and hundreds of different individual companies.
While understanding how the electricity market works in Fort Worth is difficult, it’s very important if you want to choose the right plan and provider. This article will explain how to do that and dive deeper into the different types of energy companies in Fort Worth.
If you want to skip the prelude and go straight to the part where you choose the best electricity provider for your needs, enter your ZIP Code into the free rate comparison tool on this page. ElectricityRates.com will then display a list of the top providers and plans in your ZIP Code, allowing you to choose the right one easily.
Table of Contents
- Shop Fort Worth Electricity Rates
- Different Types of Energy Companies in Fort Worth?
- Which Type of Energy Company Can I Choose?
- Who Are the Top Retail Energy Companies in Fort Worth
- Things to Consider When Comparing Energy Companies in Fort Worth
- All Fort Worth Electricity Rates
- How to Compare Energy Companies in Fort Worth
Shop Fort Worth 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 | 10.5¢ 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
Different Types of Energy Companies in Fort Worth?
To put your confusion to rest, before we dive deep into how to choose the right energy provider, let’s look at the different types of energy companies in Fort Worth.
Power Generating Plants
The electricity process starts with power-generating plants. As their name indicates, power-generating plants are the energy companies that create electricity from other forms of energy, such as fossil fuels, solar power, or the wind.
Retail Electric Providers
Once a power-generating plant creates electricity, they sell it to retail electric providers (REPs). REPs are privately-owned companies that purchase electricity from power generators and then sell it to residential and commercial customers throughout Fort Worth.
Utility Companies
Finally, there are also transmission and distribution utility energy companies in Fort Worth. These entities, better known as TDUs or utility companies, manage the wires, lines, poles, meters, and transformers that transport electricity from power plants to their final destination. Currently, Oncor is the only utility company that operates in Fort Worth.
Which Type of Energy Company Can I Choose?
While there are three different types of energy companies in Fort Worth, there’s only one type that you need to worry about or have the power to choose – retail electric providers. REPs are the companies from whom you purchase electricity plans and to whom you pay your monthly power bill. REPs, in turn, compensate power-generating companies and TDUs for their services.
Because Fort Worth has a deregulated electricity market, you have the power to choose your own REP and electricity plan.
Who Are the Top Retail Energy Companies in Fort Worth
As a result of deregulation and a highly competitive market, there are more than 120 REPs in Fort Worth. Of these, however, several are more popular than the rest.
While these are the most popular energy companies in Fort Worth, that doesn’t mean they’re the best for you. Head over to our Best Texas Electricity Companies page to see who is rated among the best in product offering, customer satisfaction, and reputation!
Things to Consider When Comparing Energy Companies in Fort Worth
Now that you’re ready to compare energy companies in Fort Worth before ultimately choosing one, here’s a list of criteria to consider.
Online Reviews
While each REP’s website will have helpful information about them, it typically won’t tell the whole story. To find the nitty gritty details, you should check out reviews on Yelp and Google. These reviews will contain important information regarding customer service, potential billing issues, and other details you can’t find elsewhere.
Perks and Benefits
Because of how competitive Fort Worth’s electricity market has become, most REPs have offered perks and benefits as an extra incentive to customers. However, these perks and incentives vary wildly, so it’s important to check the facts and labels sheet of each potential plan to ensure you can benefit from them.
Types of Plans
On top of the many different companies, Fort Worth also has many different types of electricity plans. Because not every company offers every kind of plan, choosing a company that provides the plan you prefer is important. If you want to save time, ElectricityRates.com allows you to compare and sort through Fort Worth energy companies based on the plan type, plan length, or plan features.
Listed and Tiered Rates
The listed electricity rate is considered by many to be the most crucial factor to consider when choosing an electricity plan and company. Your electricity rate will determine the amount of your monthly utility bill, which could make or break your budget.
In addition to the listed advertised rate on the plan, you also need to worry about the different tiered rates built into the plan. Tiered rates vary based on how much electricity you use each month. In most cases, your rate will decrease when you use lots of electricity and increase when you don’t use enough.
Intangible Qualities
On top of the things you can see on paper, there are also intangible qualities to consider when comparing energy companies in Fort Worth. While there’s no way to fully measure these intangibles, a few of the top ones to consider are:
- Integrity
- Transparency
- Customer service
- Reliability
All Fort Worth Electricity Rates
How to Compare Energy Companies in Fort Worth
If you’re serious about wanting the best when it comes to electricity, ElectricityRates.com is here to help. We’re a free online electricity comparison tool, and our only goal is to help you save money on your electricity bill. We offer the best plans from the top energy companies in Fort Worth, making the enrollment process quick and easy. Here’s how it works.
- You enter your ZIP Code into the free rate comparison tool at the top of the page.
- ElectricityRates.com will instantly compile a list of the best plans from the best companies in your area based on your home address, location, home size, and usage.
- You can then compare plans to find the best one that fits your needs based on the listed rate, the tiered rates based on usage, your estimated bill, the REPs reputation, hidden fees, perks and benefits, and anything else you need to know about the plan.
- 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.
If you want to save money while having a premier electricity plan from one of the top energy companies in Fort Worth, ElectricityRates.com can make that happen.