How to Find Cheap Electricity Rates in Dallas
Dallas area residents have the option of choosing their electric provider.
However, with all of the different plans that are available, it can be difficult to make the right decision for your particular electricity needs.
You may find yourself overwhelmed by the number of options presented to you by all the electric company advertisements or concerned about shady marketing gimmicks.
There are over 60 different energy companies competing for your business on any given day in Texas.
Many of these electric companies have websites that are confusing and nearly impossible to navigate, with their rates and fees hidden by dense industry jargon and misleading advertising.
Who has the spare time to sort through the choices spread out over all these different sites and companies?
Don’t get lost among the variety of options advertised to you. If you know what to search for, then finding the right answer to lowering your energy costs can be easy and even fun.
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Switching providers? Learn how to switch electricity companies and save money with ComparePower.
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Do you own or run a business in Dallas? Power your business with a custom quote.
Here’s what you need to consider to find the lowest electricity rates for your Dallas home or business.
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Dallas Electricity Rates
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Contract Term Lengths: Should You Lock in Your Price?
Energy suppliers in Dallas offer a wealth of different short-term and long-term contracts. There isn’t one single solution for everyone.
Both monthly, no-contract plans and locked-in, long-term contracts have their respective advantages and disadvantages, depending on your particular electricity needs.
Learn about fixed vs. variable rates and which is right for you.
Fixed-rate, long-term (contract) plans provide stability in electricity rates. If market energy costs suddenly trend upward where you live, you can rest assured that you won’t have to pay more out of pocket.
However, if you want to switch to a different, lower-cost plan before the end of the contract term, you’ll likely have to pay a cancellation or early termination fee.
Unlike long-term plans, monthly, variable rate (no-contract) plans have no cancellation fees. You won’t have to pay a penalty if you decide to take your business elsewhere because you found a better deal.
Plus, you won’t be left paying more than you should if the market rate for energy trends is lower. However, if the market prices rise, you’ll have to pay more than those who are under contract.
Would you like the security and peace of mind of an in-contract plan or the freedom and flexibility of a monthly plan? Review your particular energy needs to find out which solution would be the best fit for you.
ComparePower makes it easier than ever to search for energy plans by term length.
We list all the options offered by local suppliers in one place and allow you to sort and filter through all the potential plans by term length, displaying the best plans with the best rates according to your individual search preferences.
Average Electric Usage Levels – You Really Need to Know this Before Shopping.
Be aware that if you don’t know the average monthly usage level of your home or business, then you may be paying more than you should on electricity costs.
The average monthly usage level refers to the amount of energy your residence consumes in a given month.
Power company websites will often highlight the pricing associated with their highest usage levels since those tend to be the lowest.
However, the typical household does not consume nearly enough power to qualify for these rates.
ComparePower displays all-inclusive pricing from different providers in a standard, easy-to-use platform.
You can organize and shop by pricing at YOUR individual usage level, which allows you to shop and compare energy plans based on the rates you’ll actually see appear on your bill, inclusive of taxes and hidden fees.
You won’t be misled by the “teaser rates” tied to higher usage levels that many homes never experience, as their usage level never reaches that pricing tier.
ComparePower has loyalty to you, the consumer. We do away with all the misinformation, to provide you with everything you’ll need to know to make the right decision for your energy needs.
Cheap Business Electricity Rates in Dallas
As a Texas business owner, you have a choice when it comes to your electricity provider.
Take control of the energy budget to power your business with fixed-rate pricing. We’ll handle finding the cheapest electricity rate for you.
ComparePower bridges the gap between you and energy companies by inviting up to 30 energy providers to compete for your business.
Get a custom quote for your business in minutes.
It’s Time to Save on your Bills…
The average user of ComparePower saves more than 25% on electricity costs. Finding a great energy plan should be free, fast, and simple – and with ComparePower, it finally is.