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Your insider’s guide to finding the best electricity rates and energy plans in Newark
If you’re a long-time resident, a new mover, a business owner, or need no-deposit power, this insider’s guide will help you discover your perfect electricity plan in Newark.
Newark Electricity Rates
As a resident or business owner within Newark, you can choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service started in 2009 to assist residents of Newark in searching for their best electricity plan.
These official rates are the same rates you’ll find calling the energy providers or visiting their websites.
Competing plans from several energy providers are presented in a standardized layout that makes comparing your options simple and fast.
This allows Texas consumers to avoid hidden charges and marketing gimmicks by comparing plans “apples-to-apples” without consuming hours calling different energy providers or sorting through dozens of online sites.
59 Newark 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 Newark
Energy in Newark is deregulated. As an energy customer, you can choose when selecting a retail electricity provider (your energy company), which gives you control and power over your energy bill.
Deregulation of energy in the state de-monopolized the energy market for most of Texas, the city of Newark included, which introduced massive competition.
As a result, many excellent power providers compete for your business in Newark by offering low prices, making it a great time to compare, switch, and save money on your electricity bill.
As many as 60-100 retail electricity providers compete for your account in Newark, with hundreds of plans to select from.
Average Electricity Rates in Newark
Updated June 2023
The average residential electricity rate in Texas is 14.46 ¢/kWh, 8.78% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to Find the Best Energy Plan in Newark
#1 rule: Know your usage!
Understanding how much energy you will consume month-to-month is the best way to shop for energy in Newark. Why is this important?
The “price per kWh” you see energy companies advertising is for an exact monthly usage (typically 2000 kWh).
Every plan uses a different equation for how your monthly bill is calculated, and your monthly bill will be determined by how much electricity you consume in the month.
Unless you use the advertised amount each month, you will pay a “price per kWh” different than the one you saw advertised when you ordered.
Thankfully, there’s a better way to choose your power plan.
Calculating your total monthly bill based on estimated monthly usage, then comparing plans by total monthly cost is the best way to shop for the lowest rate for your household.
Better yet, if you have 12 months of usage history for your household, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter months and is the ideal way to discover the perfect electricity plan for your home.
ComparePower does all the complicated math for you instantly. What takes hours on a spreadsheet is now done in just moments.
We put the power in your hands, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of plans and guiding you to the energy rate plan that’s best for your household’s consumption.
We clarify the fine print, disclosing the various charges, so you’ll know precisely where your money is going and what to anticipate on your monthly bill.
We then help you enroll with your selected power company without leaving our service.
The takeaway is that you should determine your expected or historical usage before ordering the best energy plan for your home.
If you don’t know your usage, estimate
If you cannot acquire 12 months of historical usage or own a brand new home, the next best thing is to estimate how much energy you will use in an average month.
Although knowing the previous 12 months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use ComparePower to find the best electricity plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Newark: Setting up Electricity
If this is your first time setting up electricity service in Newark, 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.
Acquiring usage for the past 12 months may take effort, 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 cannot obtain historical usage information, a second option would be to estimate your future usage using our “Help Me Choose” tool. By simply entering your zip code, the tool will be able to assess your home’s projected electricity consumption.
By signing up for a plan through ComparePower, you will receive automated reminders when it’s time to renew your existing plan or possibly switch plans.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching Electricity Companies in Newark
Switching is good. Market conditions are constantly in flux, so shopping for a lower price every year when your contract expires is essential.
Your existing electricity company will typically raise your electricity rate once your contract expires. If you do not act, you’ll be left on a month-to-month rate significantly higher than the plan you signed up for.
Before renewing your contract, shop the rates of competing energy companies.
Switching can save you hundreds or thousands of dollars yearly 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 power supply
- It takes just minutes
When you make the switch, your new electricity company will handle everything for you, including canceling service with your previous company.
There is no loss of power when you switch. Electricity in Newark 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 electricity companies. Therefore the reliability of your service is not affected.
You can choose any date within 14 days of your contract expiration without an “early cancellation” penalty. Texas law protects you here.
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’re ready to switch and would like to know how to find the best plan remember that understanding your usage is the best way to find the lowest rate.
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 must 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:
Newark Energy Companies
Are you trying to find an excellent electricity company in Newark?
You can enroll for services with great electricity providers such as TXU Energy, Reliant, and Direct Energy.
To sign up, learn more, or view current rates, click on your chosen company.
|Energy Companies in Newark||Phone Number|
|New Power Texas||888-316-0697|
No-Deposit Electricity Plans in Newark
If you need to find an energy plan in Newark that requires no deposit, we can help.
If assessed a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
Instead of calling all sorts of electric providers or browsing through websites to determine if different electricity companies need a deposit, this will save you a ton of time and effort.
Working for you, we will instantly check 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.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Newark Business Electricity Plans
If you run a business in Newark, you’re in great company.
Newark has become a thriving place for many small to mid-sized companies. The city is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more growth opportunities.
You need to compare prices from competing providers to lower your electricity bill.
ComparePower bridges the gap between your business and energy companies by inviting various energy companies to compete for your business in a sealed bid process.
You submit your information on ComparePower, and the companies will present their bids. You pick the lowest 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 Newark, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Newark, call or visit Newark’s official city website to determine your provider.
In Newark, the City of Newark usually handles water, garbage, sewer, and recycling services.
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
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View Electricity Prices for Zip Codes in Newark
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 Newark
Are you searching for a lower electricity rate in a different city? If so, you can find the location below and then click to sign up for a more affordable 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
- Arlington, TX
- Katy, TX
- Corpus Christi, TX
- Spring, TX
- Plano, TX
- Irving, TX
- Laredo, TX
- Midland, TX
- Odessa, TX
- Tyler, TX
- Richmond, TX
- Cypress, TX
- Grand Prairie, TX
- Humble, TX
- Round Rock, TX
- Waco, TX
- Killeen, TX
- Sugar Land, TX
- Abilene, TX
- Pearland, TX
- Mcallen, TX
- Mesquite, TX
- Pasadena, TX
- Richardson, TX
- Baytown, TX
- Carrollton, TX
- Wichita Falls, TX
- San Angelo, TX
- Lewisville, TX
- Missouri City, TX
- Mission, TX
- Temple, TX
- League City, TX
- Mckinney, TX
- Galveston, TX
- Pflugerville, TX
- Harlingen, TX
Newark Electricity Rates FAQs
Who has the cheapest Newark 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 Newark 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.