How to Compare Oncor Electricity Rates

Serving over 10 million residents, Oncor is the largest utility company in Texas. As one of the four utility companies with deregulated electricity in the state, Oncor customers have the power to choose their electricity provider.

Read on to learn more about Oncor and how you can find the best Oncor electricity rates from leading electricity companies in Texas.

Types of Electricity Plans

After February’s 2021 winter storm decimated Texas’s electricity system, many Texans saw extraordinary increases in their electricity bills. For many of them, the cause of this was their variable-rate electricity plan.

Variable-rate electricity plans have rates that change from month to month, with no promises to keep your rate low and no real cap on how high they can go. These plans are also influenced by wholesale prices (what electricity providers pay for electricity). That’s why when wholesale prices increased during that winter storm, customers on variable-rate plans felt it too.

To ensure you get a plan that protects you, ElectricityRates.com only features fixed-rate plans. These plans lock in your electricity supply rate for the duration of your electricity plan, which is why they are more likely to save you money than a variable-rate plan. Plus, fixed-rate plans protect you against the unexpected massive electricity bill for as long as you’re under contract.

Oncor Electric Service Area

As the largest utility company in Texas, Oncor covers two broad areas of the state.

North Texas Oncor Service Area

Much of Oncor’s service area is in north Texas. It is centered around Dallas and Fort Worth and spreads widely into the surrounding areas including Tyler and North Richland Hills.

Western Texas Oncor Service Area

The other portion of Oncor’s service area is in western Texas along the border of New Mexico. This area includes cities like Odessa and Midland.

Oncor Electricity Providers

There are 100+ providers that Oncor customers can choose from ranging from smaller local electricity companies in Texas to larger national brands like Constellation, TriEagle and Direct Energy.

ElectricityRates.com only works with leading providers to bring you the best rates so you don’t have to worry about making the wrong choice and being stuck in an undesirable electricity contract.

Learn more about Texas electricity companies here.

Texas Power to Choose History

Texas restructured its electricity market in 2002 as part of a broader effort to increase competition, drive innovation, and give consumers more control over their energy costs. Prior to deregulation, most Texans were limited to a single utility company that controlled both the delivery and supply of electricity, leaving little room for price competition or service variety. By opening the market to competition, the state aimed to lower electricity rates, improve customer service, and encourage investment in new energy technologies.

Today, residents in most parts of Texas can choose their electricity supplier, which means utility companies no longer have a monopoly on the supply portion of service. On top of that, the Electric Reliability Council of Texas (ERCOT) manages the grid and the wholesale electricity market to ensure it remains competitive. As a result, consumers can shop for the best electricity rates in Texas and select from a wide range of retail electricity providers and plan types that fit their household or business needs.

Understanding TDU Delivery Charges

Deregulated utilities in Texas have delivery (sometimes called TDU) charges set by the Public Utilities Commission of Texas. These are charges that go directly to Oncor and ensure that Oncor can keep delivering electricity reliably. Since the state sets these charges, they don’t change no matter who your electricity provider is.

TDU charges generally change twice a year, on March 1st and September 1st. The charges consist of a monthly base charge and a charge based on your electricity usage (by the kilowatt-hour). You can find these charges by looking at a plan’s Electricity Facts Label (EFL). The EFL can be found in the “plan details” section under any Texas plan on ElectricityRates.com.

Learn more about how Texas electricity bills are calculated.

Oncor’s Take A Load Off, Texas Program

If you’re an Oncor customer that wants to lower your electric bill by increasing your home’s energy efficiency, you should check out Oncor’s Take A Load Off, Texas program.

Take A Load Off, Texas encourages homeowners and businesses to make energy upgrades through a variety of incentives. For instance, you may be able to qualify for discounts on solar panels or insulation services.

Oncor Customer Service Information

• Official Website
• Oncor Phone number for general Oncor inquiries/service requests: 888-313-6862
• Phone number for Oncor outages: 888-313-4747
• Report an Outage or View Outage Map Here.
• Download the MyOncor App to report outages and get real-time updates

ElectricityRates.com Dallas, TX Location

• Address: 2919 Commerce St, Dallas, TX 75226
• Phone: (972) 585-7858