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Addison Electricity Rates, Plans, & Providers
Your insider’s guide to finding the best electricity rates and energy plans in Addison
Whether a business owner, new resident, or long-time citizen of Addison, the use of this comprehensive guide will enable you to find your best solution for an electricity plan.
Addison Electricity Rates
You have the power to choose your household’s energy provider in Addison.
ComparePower is a free consumer service started in 2009 to help residents of Addison search for their lowest-rate energy plan.
These official rates are the identical prices you’ll find calling the electricity providers or visiting their websites.
Plans from many different electricity providers are outlined in a standardized grid that makes comparing your options simple and quick.
This assures Texas consumers avoid hidden fees and advertising gimmicks by comparing plans “apples-to-apples” without spending hours and hours calling different energy companies or clicking around on hundreds of different websites.
71 Addison Electric Rates
These live rates for ONCOR ELECTRIC DELIVERY COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Addison
Electricity in Addison is deregulated. As an energy customer, you have a choice when it comes to selecting a retail electricity provider (your energy company), which gives you flexibility and power over your energy bill.
Deregulation of electricity in the state de-monopolized the energy market for the majority of Texas, the city of Addison included, which introduced lots of competition.
As a result, many fantastic power companies compete for your business in Addison by offering low rates, making it a great time to compare, switch, and lower costs on your electricity statement.
As many as 100+ providers compete for your business in Addison and there are hundreds of plans to select from.
Average Electricity Rates in Addison
Updated February 2024
The average residential electricity rate in Texas is 14.61 ¢/kWh, 9% less than the U.S. average.
The average Texas business electricity rate is 8.76 ¢/kWh, 29% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to find the best energy plan in Addison
#1 rule: Know your usage!
Discovering how much electricity you will consume each month is the ideal way to shop for electricity in Addison. Why is this important?
The “price per kWh” you see electricity providers advertising is for an exact monthly usage (typically 2000 kWh).
Every plan uses a different calculation for how your monthly bill is calculated, and your monthly bill will change according to how much energy you consume each month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than the one you saw advertised when you ordered.
Thankfully, there’s a better way to choose your energy provider.
Calculating your expected monthly bill based on expected monthly usage, then comparing rates by total monthly bill, is the best way to shop for the best rate for your home.
Better yet, if you have 12 months of usage history for your home, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between the summer and winter months and is the ideal way to determine the perfect energy rate plan for your home.
ComparePower does all the complicated math for you instantly. What takes hours on a spreadsheet is now solved in just moments.
We put you in the driver’s seat, taking what would amount to hours of investigation, spreadsheets, and computations across hundreds of plans, and navigate you step-by-step to the electricity rate plan that’s best for your home’s consumption.
We clarify the fine print, disclosing the various charges and fees, so you’ll know precisely where your money is going and what to expect on your monthly bill.
We then assist you in signing up with your chosen power company without ever having to leave our website.
The takeaway here is you should know your expected or historical usage before selecting the best electricity plan for your home.
If you don’t know your usage, estimate
If you recently purchased a home or business, or you cannot obtain 12 months of usage history, you can always estimate the average amount of energy that you will use in any given month.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly choosing the first plan you see advertised by an electricity provider at a specific usage that isn’t what you’ll consume.
Use ComparePower to find the best energy plan for your specific usage.
Find Cheap Rates in Addison ⤵️
Moving to Addison: Setting Up Electricity
If this is your first time setting up electricity service in Addison, to get the best rate you need to get the previous 12 months of energy usage for your new home.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12 months, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing our “Help Me Choose” tool. By simply entering your zip code the tool will be able to assess your home’s projected electricity consumption.
Sign-up for a plan instantly through ComparePower. We will remind you when its time to return to switch and save at the end of the plan length you decide on.
Compare Cheap Rates in Addison ⤵️
Switching Electric Companies in Addison
Switching is good. Market conditions are always in flux, so it is important to shop for a lower price every year when your contract is about to expire.
Your existing electricity provider will normally raise your energy rate once your term expires. If you do not take action, you’ll be left on a month-to-month rate that is significantly higher than the plan you signed up.
Before renewing your contract make sure to shop the rates of competing energy providers.
Switching can save you hundreds or thousands of dollars each year on your energy bill.
Switching is easy:
- You don’t have to call your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you decide to switch, your new electricity provider will take care of everything for you including terminating service with your previous company.
There is no loss of power when you switch. Electricity in Addison is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch energy companies. Therefore the reliability of your service is not affected.
You can choose any date within 14 days of your contract expiration date without an “early cancellation” penalty. That’s Texas Law.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
The amount saved each month by switching to a different electricity company may outweigh the one-time fee to get out of your contract early.
If you are unsure email us your latest energy bill and one of our team members will respond to you promptly with your best options.
If you’re ready to switch and would like to know how to find the best plan remember that knowing your usage is the best way to find the truly best price.
Keep in mind that when you get ready to switch, and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Addison Energy Companies
Are you trying to find an excellent electricity company in Addison?
You can enroll for service with great electricity providers such as TXU Energy, Reliant, Direct Energy and more.
Click on the provider of your choice to view rates, learn more, or sign up.
|Energy Companies in Addison
|New Power Texas
No-Deposit Electricity Plans in Addison
If you need to find an energy plan in Addison that requires no deposit, we can help.
If your first choice of plans charges a deposit, ComparePower will automatically show you additional plans that require no money down.
That saves you a lot of time and hassle. No more clicking around and calling energy providers to find out if a deposit is needed.
Working for you, we will instantly review any deposit requirements for other plans, allowing you to get power and return to your regular activities stress-free.
Learn how to get no-deposit lights.
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
If you have any questions about deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Addison Business Electricity
If you manage a business in Addison, you’re in great company.
Addison has become a thriving place for many small to mid-sized companies. The town is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more opportunities for growth.
To lower your electricity bill, you need to compare prices from competing energy companies.
ComparePower bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You submit your information once and the providers will present their bids. You choose the cheapest price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
To learn more about Smart Meters, or to download your Electricity Usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Addison, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Addison, call or visit Addison’s official city website to determine who your provider is.
In Addison, water, garbage, sewer, and recycling services are usually handled by the City of Addison.
Other utility service areas in Texas
Not in the Oncor Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
Compare Cheap Rates in Addison ⤵️
View electricity prices for zip codes in Addison
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
View electricity prices for cities near Addison
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.
- Houston, TX
- Dallas, TX
- Fort Worth, TX
- Spring, TX
- Richmond, TX
- Cypress, TX
- Humble, TX
- Midland, TX
- Plano, TX
- Round Rock, TX
- Pearland, TX
- Katy, TX
- Katy, TX
- Pflugerville, TX
- Mesquite, TX
- Laredo, TX
- Killeen, TX
- Carrollton, TX
- Odessa, TX
- Irving, TX
- Grand Prairie, TX
- Katy, TX
- League City, TX
- Mansfield, TX
- Missouri City, TX
- Mission, TX
- Sugar Land, TX
- Mcallen, TX
- Tomball, TX
- Temple, TX
- Baytown, TX
- Waxahachie, TX
- Lewisville, TX
- Rosharon, TX
- Katy, TX
- Hutto, TX
- Tyler, TX
- Grapevine, TX
- Magnolia, TX
- Harlingen, TX
Addison Electricity Rates FAQs
Who has the cheapest Addison Electricity Rates?
There are over 60 electricity providers with hundreds of energy plans. When shopping for the cheapest rate, take your home’s kilowatt-hour usage into account. The best way to find the best rate for your home is to compare energy plans according to your usage. Find the right energy plan for your kWh usage with ComparePower.
How do I find the best Addison Electricity Rates?
Picking the wrong energy plan without knowing your home’s energy usage can cost you hundreds or thousands of dollars. Compare energy plans and electricity rates with your home’s electricity usage profile to find your best rate. Shop with your usage on ComparePower and save both time and money.
Support You Can Count On
Questions? Our local experts can help you navigate options and find the best electricity plan. Reach out to us.