Oak Point electricity rates and energy plans
If you’re a long-time resident, a new mover, a business owner, or need no-deposit power, this complete guide will help you discover your perfect electricity plan in Oak Point, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section to jump directly to it:
- Oak Point Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Oak Point (average kWh price chart)
- How to find the best energy plan in Oak Point (know your usage!)
- Moving to Oak Point: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Oak Point (how to choose the best plan)
- Oak Point Energy Companies
- No-Deposit Electricity Plans in Oak Point
- Oak Point Business Electricity Plans
- Oak Point Utilities (and how to report a power outage)
Oak Point Electricity Rates Table
As a resident or business owner within Oak Point, you have the power to choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service established in 2009 to assist residents of Oak Point shopping for their lowest rate energy plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing offer from a number of different electricity companies are presented in a simple format that makes evaluating alternatives simple and fast.
This allows Texas energy customers avoid hidden fees and marketing gimmicks by comparing plans “apples-to-apples” without throwing away hours of time making phone calls or clicking around on hundreds of different websites.
89 Oak Point Electric Rates
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Oak Point
Energy in Oak Point, Texas, is deregulated. As an energy customer, you have a choice when it comes to picking a retail electricity provider (your energy provider), which gives you insight and command over your energy bill.
Deregulation of electricity in Texas de-monopolized the electricity market for the majority of Texas, the city of Oak Point included, which introduced massive competition.
As a result, many fantastic retail electricity providers compete for your business in Oak Point by offering low-prices, making it a great time to compare, switch, and save costs on your electricity statement.
As many as 60-100 energy companies compete for your account in Oak Point and there are hundreds of plans to sort through.
Average Electricity Rates in Oak Point, Texas
This chart is compiled using data from the U.S. Energy Information Administration (EIA.GOV).
The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh).
There are fixed-rate plans for Oak Point residents on ComparePower with rates as low as $0.10
How to find the best energy plan in Oak Point
#1 rule: Usage is key!
Knowing the amount of energy you will use in a month is the best way to shop for energy in Oak Point. Why is this so vital?
The rate you see power providers advertising is for an exact monthly usage (typically 2000 kWh).
Every plan has a different calculation for how your monthly statement is determined, and your monthly bill will change according to how much power you consume in each month.
Unless you use exactly the advertised amount each month, you will end up paying an effective “price per kWh” different than the one you saw advertised when you signed up.
Thankfully, there’s a better way to select your power provider.
Calculating your total monthly bill based on expected monthly usage, then comparing plans by total monthly cost, is the best way to shop for the lowest rate for your household.
Better still, 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 summer and winter months and is the ideal way to determine the ideal electricity rate plan for your home.
ComparePower does all this math for you instantly. What could take you hours on a spreadsheet is now done in a few seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of plans and assist you step-by-step to the electricity rate plan that’s best for your home’s consumption.
We clarify the fine print, disclosing all fees and charges, so you’ll know exactly where your money is going and what to expect on your monthly bill.
We then help you in enrolling with your selected power company without ever having to leave our service.
The bottom line is you should understand your expected or historical usage before selecting the best electricity plan for your home.
If you don’t know your usage, estimate
If you are unable to acquire 12-months of historical usage, or you’re the owner of 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 shop for the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Oak Point: Setting up Electricity
If this is your first time setting up electricity service in Oak Point, to get the best rate you need to get the previous 12-months of energy usage for your new home.
Ask the previous home-owner 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 can’t obtain usage history, you can estimate your monthly usage instead. Utilize our “Help Me Choose” tool when you enter your zip code below and we’ll help you evaluate your home’s usage.
By signing up for a plan through ComparePower you will receive automated reminders when it’s time to renew your existing plan or to 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 Oak Point
Switching is good. Market conditions are always changing, so it is essential to shop for a lower rate every year when your contract is about to expire.
Your existing electricity provider will typically raise your energy rate once your term expires. If you fail to take action, you’ll be left on a month-to-month rate that is significantly more than the plan you signed up.
Before renewing your contract make sure to check the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars each year on your energy bill.
Switching is easy:
- You don’t have to contact your current company 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 provider will handle everything for you including canceling service with your previous company.
There is no loss of power when you switch. Electricity in Oak Point is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver electricity to your home do not change when you switch electricity providers. Therefore the reliability of your service is not affected.
You can pick any date up to 14 days early of your current contract’s end date without an “early termination” fee. Texas law protects you here.
If you’re still under contract, check how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching providers may outweigh the fee to break your existing contract.
For help with this, you can send us your latest energy bill via email, and one of our professional team members will contact you shortly to discuss 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 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 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:
Oak Point Energy Companies
Are you trying to find an excellent electricity company in Oak Point?
You can sign up for service with great companies such as TXU Energy, Reliant, Direct Energy and more.
To sign up, learn more, or view current rates, click on the company of your choosing.
|Energy Companies in Oak Point||Phone Number|
No-Deposit Electricity Plans in Oak Point
If you need to find an energy plan in Oak Point that requires no deposit, we can help.
If charged a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more surfing the internet and calling electricity providers to find out if a deposit is needed.
Working for you, we will instantly check any deposit requirements for other plans, allowing you to get power and return to your every-day activities stress-free.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
You may be eligible to have the deposit waived if you meet one of the following criteria.
A residential customer or applicant may be deemed as having established satisfactory credit if:
- The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric service; is not delinquent in payment of any such electric service account, and during the last 12 consecutive months of service was not late in paying a bill more than once.
- The customer or applicant possesses a satisfactory credit rating obtained through a consumer reporting agency, as defined by the Federal Trade Commission.
- The customer or applicant is 65 years of age or older and the customer is not currently delinquent in payment of any electric service account.
- The customer or applicant has been determined to be a victim of family violence.
- The customer is medically indigent.
The requirements above are directly from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Note: For any of the situations above, you must first complete your order an energy plan on ComparePower before you can obtain a waiver for your deposit.
After you’ve placed your order, you will receive an email with instructions as well as contact information for your new energy company.
Important: You must send your waiver information by email, phone, fax or mail to your new energy company (not to ComparePower).
As soon as your energy company receives your documentation, they will let you know that they’ve sent a request for your energy service to begin.
Remember, your energy company will not start your electric service until you satisfy any deposit requirement (you pay or receive a waiver).
If you have any questions on deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Oak Point Business Electricity Plans
If you own a company in Oak Point, you’re not alone.
Oak Point is home to a significant number of small and large businesses and is a great town to run a company.
To manage your energy 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 enroll your information on ComparePower and the companies will present their bids. You to choose the cheapest rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Oak Point Utilities
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 Oak Point, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Oak Point, call or visit Oak Point official city website to determine who your provider is.
In Oak Point, water, garbage, sewer, and recycling services are usually handled by the City of Oak Point.
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.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for Zip Codes in Oak Point, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
View electricity prices for cities near Oak Point, Texas
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.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
- Houston, TX
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- Mansfield, TX
Don’t see your city or zip code? Enter your zip code below to search for your new low rate:
Don’t see your city or zip code? Enter your zip code below to search for your new low rate: