Oakwood electricity rates and energy plans
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, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section to jump directly to it:
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- Oakwood Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Oakwood (average kWh price chart)
- How to find the best energy plan in Oakwood (know your usage!)
- Moving to Oakwood: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Oakwood (how to choose the best plan)
- Oakwood Energy Companies
- No-Deposit Electricity Plans in Oakwood
- Oakwood Business Electricity Plans
- Oakwood Utilities (and how to report a power outage)
Oakwood Electricity Rates Table
As a resident or business owner within Oakwood, 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 help residents of Oakwood shopping 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 plans “apples-to-apples” without throwing away hours and hours making phone calls or sorting through dozens of different web sites.
95 Oakwood 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 Oakwood
Electricity in Oakwood, Texas, is deregulated. As an energy customer, you have a choice when it comes to choosing 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 the majority 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 and there are hundreds of plans to select from.
Average Electricity Rates in Oakwood, 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 Oakwood residents on ComparePower with rates as low as $0.10
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 in 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 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 takes into account the changes in usage between 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 and charges, 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 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.
While not as optimal as having all 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.
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 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.
Sign-up for a plan in minutes through ComparePower. We will remind you when its time to return to switch and save at the end of the plan term you decide on.
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 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 electricity companies.
Switching can save you hundreds or thousands of dollars each year on your energy bill.
Switching is easy:
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- 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
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When you make the 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 date 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 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 understanding your usage is the best way to find the truly 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.
Oakwood Energy Companies
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 |
|---|---|
| 4Change Energy | 855-550-6663 |
| Amigo Energy | 866-526-7192 |
| Direct Energy | 855-307-6915 |
| Green Mountain | 844-854-2257 |
| Discount Power | 855-236-1309 |
| Reliant | 855-887-2194 |
| Tara Energy | 866-217-5179 |
| Frontier Utilities | 866-763-5084 |
| Cirro Energy | 844-417-7179 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 844-359-7999 |
| Payless Power | 855-854-8482 |
| Pulse Power | 888-853-4522 |
| New Power | 866-448-2720 |
| Just Energy | 866-586-3564 |
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 a lot of energy 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 every-day activities stress-free.
Deposit Waivers
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:
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- 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.
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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.
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 a significant number of small and large businesses and is a thriving place to run a business.
To lower your energy costs, you need to compare prices from competing providers.
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 to pick the best rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Oakwood Utilities
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.
Gas
For gas service in Oakwood, call or visit Oakwood official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Oakwood, water, garbage, sewer, and recycling services are usually handled by the City of Oakwood.
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.
View electricity prices for Zip Codes in Oakwood, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
75855
View electricity prices for cities near Oakwood, Texas
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
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