Are you tired of overpaying for electricity and want to switch to a new plan and company? If so, you’re not alone. With rising electricity rates and constant price increases, it’s becoming more difficult than ever to keep your monthly electricity bill within your budget. As such, more and more people are looking to switch providers, especially in electricity powerhouses like Fort Worth.
If you’re among the hundreds of people wondering how to switch your electricity company in Fort Worth, you’ve come to the right place. This article will look at practical reasons why a change might be necessary, how the switching process works, and what to expect. You can also enter your ZIP Code into the free rate comparison tool at the top of the page to start comparing rates and plans near you!
Table of Contents
- Shop Fort Worth Electricity Rates
- Am I Allowed to Switch Electricity Companies in Fort Worth?
- 4 Reasons to Switch Your Fort Worth Electricity Company
- Things to Consider When Switching Electricity Companies in Fort Worth
- How to Switch Your Electricity Company in Fort Worth Using ElectricityRates.com
- All Fort Worth Electricity Rates
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
Am I Allowed to Switch Electricity Companies in Fort Worth?
Before you get too carried away with changing electricity providers, it’s essential to find out if this is even an option. Fortunately, Fort Worth has a deregulated electricity market, which means that residents in and around the city have the power to choose their own provider. As such, it’s perfectly legal to switch electricity companies if that’s your desire.
4 Reasons to Switch Your Fort Worth Electricity Company
There are plenty of reasons why you might want to find a new power provider in Fort Worth, but here are four of the most common reasons we hear about at ElectricityRates.com.
Sudden Price Increases
In Fort Worth and other parts of Texas with deregulated electricity, it’s common for electricity companies to suck you in with very low rates. However, after a period of time, these rates suddenly disappear, and you’re left with unexpectedly high ones. If you’ve fallen victim to this type of scam, you should get out of your contract as quickly as possible and switch to a new one.
Your Plan Has Expired
It’s also possible that you were very satisfied with your last electricity plan but that you’re at the end of your contract. If your provider no longer offers your plan at the original price, you may need to switch companies. Given Fort Worth’s competitive electricity market, there’s a good chance you can find the same plan, or a similar one, elsewhere. However, you may need ElectricityRates.com’s help finding it.
Change of Address
There’s also a chance that you are planning to move soon and will face a change of address. If that’s the case, you might not be able to transfer your current electricity plan to your new address. This is especially true if you’re moving into Fort Worth from another city or moving out of the Fort Worth area.
You’re Tired of Your Current Company
Finally, it’s possible that you’re simply tired of your current electricity company and want to find a new one. With more than 120 retail electric providers in and around Fort Worth, they aren’t all created equal, and this is a definite possibility. Whether you’re fed up with poor customer service, unexpected rate increases, or constant outages, switching providers can take care of these issues.
Things to Consider When Switching Electricity Companies in Fort Worth
The Time It Takes to Switch
It’s important to note that switching electricity companies takes time. While you can technically change companies in a matter of minutes using ElectricityRates.com, the actual switch can take up to seven business days. During that time, you will need to keep paying your current provider until the switch is finalized.
Early Termination Fees
One of the biggest holdups that people have when switching electricity providers is the potential of facing early termination fees (ETFs). ETFs are built into fixed-rate electricity contracts to deter people from switching to a new provider in the middle of your contract. While each electricity company can set up its own ETF system, it’s usually either a flat fee or a monthly fee.
In other words, some companies charge a flat fee of $250 to $400 for early termination of your contract, regardless of how many months you have left to go. Other companies have a monthly rate, where you pay $35 to $55 for every month you have left on your contract. Early termination fees are also something to keep in mind when you sign up for your next plan.
Finding the Right Time
Because of the potential of early termination fees in your current contract, it’s best to wait to make the switch until you’re near the end of your contract. Once you’re close enough to the end that the money you will save with your new plan outweighs the money you’ll lose with early termination fees, you can make the switch.
Can I Switch Electricity Plans on My Own?
If you want to forgo the assistance of ElectricityRates.com, you can certainly switch electricity providers on your own, and here’s how.
- Examine the rate, cost, and usage of your current plan.
- Find out which REPs are available in your area, and research every plan they offer.
- While examining hundreds of plans, remember to read the fine print so you can get all the details.
- Call your current company and tell them you’re canceling your contract and pay the necessary early termination fee. You will also need to tell them the date that you’re making the switch.
- Call your new electricity company and enroll in a plan over the phone or online. Make the necessary deposit and inform them about your startup date.
How to Switch Your Electricity Company in Fort Worth Using ElectricityRates.com
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 Fort Worth. 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 list of plans according to your needs and preferences.
- Select the plan that’s right for you.
- Once you choose your plan and enter your desired enrollment date, we will notify your current company of your decision, as well as your new one.
It is that simple! As an extra bonus, if you start the cancellation process of your current plan within 14 days of the service end date, you won’t incur any early termination fees. Start the process today!
All Fort Worth Electricity Rates