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Your insider’s guide to finding the best electricity rates and energy plans in Oakwood
If you’re a long-time resident, a new mover, own a business, or need no-deposit power, this complete guide will help you discover your ideal power plan in Oakwood.
Oakwood Electricity Rates
As a resident or business owner within Oakwood, you can choose the electricity provider that best meets your needs.
ComparePower is a free consumer service established in 2009 to help residents of Oakwood shop for their lowest-rate electricity plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Offers from several different energy providers are presented in a powerful layout that makes comparing your options simple and fast.
This helps Texas energy customers avoid hidden fees and marketing gimmicks by comparing ” apples-to-apples ” plans without wasting hours making phone calls or sorting through dozens of websites.
64 Oakwood 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 Oakwood
Electricity in Oakwood is deregulated. As an energy customer, you can choose a retail electricity provider (your electricity provider), which gives you control and power over your energy bills.
Deregulation of energy in the state de-monopolized the electricity market for most of Texas, the city of Oakwood included, which introduced massive competition.
As a result, many excellent energy providers compete for your business in Oakwood by offering low rates, making it a great time to compare, switch, and save money on your power bill.
As many as 65+ retail electricity providers compete for your business in Oakwood, with hundreds of plans to select from.
Average Electricity Rates in Oakwood
Updated October 2023
The average residential electricity rate in Texas is 14.01 ¢/kWh, 13.70% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to Find the Best Energy Plan in Oakwood
#1 rule: Usage is key!
Knowing the amount of electricity you will consume in a month is the ideal way to find a deal on electricity in Oakwood. Why does this matter?
The “price per kWh” you see energy companies advertising is for an exact monthly usage (usually 1000 kWh).
Every plan uses a different calculation for how your monthly statement is computed, and your monthly bill will change according to how much electricity you use each month.
Unless you use exactly the advertised amount each month, you will end up paying an effective “price per kWh” different than what you saw when you signed up.
Fortunately, there’s a better way to select your power provider.
Calculating your expected monthly bill based on estimated monthly usage, then comparing options by the total monthly bill 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 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 energy rate plan for your home.
ComparePower does all this math for you in an instant. What takes hours on a spreadsheet is now solved in a few moments.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of plans and guide you step-by-step to the energy rate plan that’s best for your household’s usage.
We clarify the fine print, disclosing all fees, so you’ll know exactly where your money is going and what to expect on your monthly bill.
We then assist you in signing up with your selected energy company without leaving our website.
The bottom line is you should understand your expected or historical usage before selecting the right electricity 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.
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 energy provider at a specific usage that isn’t what you’ll consume.
Use ComparePower to find 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 Oakwood: Setting up Electricity
If this is your first time setting up electricity service in Oakwood, 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: You can estimate your monthly usage if you can’t obtain a usage history. Utilize our “Help Me Choose” tool when you enter your zip code below, and we’ll help you evaluate your home’s usage.
Sign-up for a plan in minutes through ComparePower. We will remind you when it’s time to return to switch and save at the end of the plan term you decide on.
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 Oakwood
Switching is good. Market conditions are always changing, so it is important to shop for a lower price every year when your contract is about to expire.
Your existing energy company will typically raise your energy rate once your term 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 electricity 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 company 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 switch, your new energy company will take care of everything for you, including canceling service with your previous company.
Your lights stay on when you switch. Electricity in Oakwood 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 within 14 days of your contract expiration without an “early termination” 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 companies 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.
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 cheapest rate.
You will want to find your past usage for the last 12 months to determine the best plan with the lowest rate for your household.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Oakwood Energy Companies
Are you looking for a great electric company in Oakwood?
You can sign up 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 Oakwood||Phone Number|
|New Power Texas||888-316-0697|
No-Deposit Electricity Plans in Oakwood
Need to find an energy plan in Oakwood that doesn’t require a deposit?
If your first selection of plans charges a deposit, ComparePower will automatically show you additional plans that require no money down.
Instead of calling many energy providers or browsing websites to determine if different electricity companies need a deposit, this will save you much 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 everyday activities stress-free.
Learn how to get no-deposit lights.
You may be eligible to waive the deposit if you meet one of 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:
Oakwood Business Electricity Rates
If you own a company in Oakwood, you’ll find several other organizations also call Oakwood home.
Oakwood is home to many small and large businesses and is a thriving place to run a business.
You need to compare prices from competing providers to lower your energy costs.
ComparePower bridges the gap between your business and energy providers by inviting various energy companies to compete for your business in a sealed bid process.
You submit your information once, and the companies will present their bids. You pick the best rate. 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 Oakwood, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Oakwood, call or visit Oakwood’s official city website to determine who your provider is.
In Oakwood, the City of Oakwood 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 Oakwood
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 Oakwood
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
Oakwood Electricity Rates FAQs
Who has the cheapest Oakwood 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 Oakwood 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.