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Moving to a new home before your electricity plan expires?
If you are moving into a new home in Texas, you are not obligated to take your electricity plan with you.
You can cancel your current contract without any penalty.
As long as you provide a new forwarding address, your retail electricity provider cannot charge an early termination fee for disconnecting electricity service before the contract expires. This is a rule established by the Texas PUC.
Your upcoming move is an ideal opportunity to shop for a lower rate that could save you money on your monthly electricity bill and offset some of your moving expenses.
If you decide to transfer your service instead of canceling, be sure you have a great plan you are satisfied with and that there aren’t better rates available on ComparePower.
We’ll help you estimate your new home’s energy usage, ensuring you choose the best plan for your household without any guesswork.
Should you transfer your electricity service?
If you are moving into a new home within the same service area and are satisfied with your existing electricity plan, contact your electricity company to explore transferring the plan and the contract over to your new home.
A word of caution before you blindly transfer your energy plan. Some electricity plans have different discounts, fees, and pricing tiers that may or may not apply each month, depending on your kWh usage.
No two homes use the same amount of energy. Unless your new home uses the same electricity each month as your previous home, your old plan may not be ideal.
Estimating your anticipated monthly usage is the best way to shop for an energy plan in Texas.
The key to avoiding overpaying is knowing your expected usage and comparing monthly costs for each plan based on that usage amount.
This online electricity usage calculator will help you estimate the approximate energy usage of your new home.
If you can’t determine your usage, you can still compare rates by home size by entering your zip code in the zip box below.
Ending your electricity service contract
You can cancel your existing service with one phone call.
Contact your existing electricity company and let them know you are moving and need to cancel service and shut down your electricity account. You will need your electricity account number, the current address with the expected move-out date, and your future address.
Be diligent – Providers will often encourage you to stay with your existing plan and to transfer your service instead. Some may even tell you that you must stay if you are still in a service area covered by your plan.
You can politely remind them that Texas law allows you to disconnect with no termination fee when moving.
That should be all it takes, but they may request you provide proof of your move – a small price to pay for the option of getting out of a bad contract you aren’t happy with.
Average price of electricity in Texas
Updated January 2023
The average residential electricity rate in Dallas, TX is 14.82 cents/kWh, 6% less than the U.S. average.
Got me the cheapest electric. Nice.
Emily (TX, United States)
Compare Texas electricity rates for your new home
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Moving your business?
Click here to get competing quotes for your business electricity.
You need to compare prices from competing energy companies to find the best commercial electricity rates.
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 have to choose the lowest price. Simple, quick, and secure.
Texas energy companies
Predictable fixed-rate plans from trusted Texas energy providers.
Instantly enroll for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, Green Mountain, and more.
| Energy Companies | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Reliant | 855-887-2194 |
| Frontier Utilities | 866-763-5084 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 866-370-2440 |
| Payless Power | 855-854-8482 |
| Pulse Power | 888-853-4522 |
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