The city of Dallas is a sprawling modern metropolis with vibrant neighborhoods, world-famous businesses, restaurants, and commercial spaces. Home to over 1.3 million people, the city faces a demand for more efficient and cheap electricity to cater to residences and businesses alike.
Homeowners and entrepreneurs moving soon, or looking for ways to save money on their energy bills have ‘good news’. The state of Texas energy market deregulation law gives you the power to choose electric providers. You no longer have to stick to the same electric company with inflated bills.
Shop Texas Electricity makes it possible for you to compare and shop electricity rates in Dallas. Choose energy plan that fits your needs in a quick and easy process or call us at to speak to our energy experts.
No matter which electric supplier you choose, you have to choose between variable rate and fixed rate electricity.
Fixed rate plans require you to sign a contract with the electric supplier. Here, the energy price will not change for the duration of the contract. Irrespective of market price fluctuations, your plan guarantees the same pricing per kilowatt-hour during the contract period.
If you choose variable rate plans, you pay according to the market prices, which are impacted due to supply and demand, temperature, and weather conditions. That means your electricity price may change every hour and the energy bills will vary each month.
The city of Dallas electricity suppliers offer two contract term lengths:
Long-term plans offer fixed electricity rates and provide stability in case of a sudden spike in prices. You don’t have to pay an additional amount out of your pocket. However, if you switch to a better, low-cost plan before the contract term ends, you may have to pay an early termination fee or a cancellation fee.
Monthly plans offer variable electricity rates, which means you will pay more when the market price spikes. Sometimes, variable rates may be better for you than the best fixed rate electricity deals as you will be paying less if the market price goes down. Another advantage is that there is no cancellation fee.
Even if you think that this is the best time to lock in electricity rates and sign up for a fixed rate plan, know that your bills will fluctuate with energy usage. That is because fixed rates are applied per kilowatt-hour usage, but not for the entire month.
Power companies usually highlight the cheapest electricity in Dallas, but they are associated with the highest usage levels. However, many households do not consume such high levels.
If you are not sure of your average monthly usage levels, then you may already be paying more for the low amount of power you consume.
If you want to avoid overpaying on your energy bills, compare prices on our website to find the best electricity plans. Use our easy switching process to sign up for the low-rate electric companies in Dallas, TX with no deposit.
No home, apartment, or business in Dallas has the same energy requirements. Looking for an average electric bill as a whole may not be viable, as each residential property or commercial establishment differs in size, usage levels, and other factors.
However, it is better to have an idea about the average kWh usage, so you can judge whether you are paying more and shop for better electric rates.
The average electricity rates of Dallas, TX households are about 10.98¢ per kWh, as compared to the national average of 11.88¢ per kWh. Manufacturers in Dallas pay around 5.57¢ per kWh, whereas the national average is 6.67¢ per kWh. Businesses pay around 8.16¢ per kWh, while the national average rate for businesses is 10.09 per kWh.
Frequently Asked Questions About Electricity Plans in Dallas, TX
Your energy bills are based on your power usage during a time period. So, it will be difficult to estimate energy costs as your usage differs from month to month. So, power companies fix a supply rate for the entire contract duration.
This is usually known as a lock-in contract, it is beneficial to the supplier and you as well since you can get protection against periods of high demand. For instance, peak summertime in Dallas can cause the prices to go up.
But if you plan to switch to a low-rate plan before the contract period is over, some power companies ask you to pay an early termination fee electricity or a cancellation penalty. A residential customer can avoid an early termination charge if when there is 14 days or less left for the contract expiry.
Before the Texas deregulation law took effect, Dallas residents purchased electricity directly from a power utility that had a monopoly over the local energy market.But after 2002, the changed scenario allows the consumer to have energy choice, by separating the generation, transmission, and distribution.
You can now sign up for an energy plan with a Dallas retail electric provider of your choice. Compare energy rates at Shop Texas Electricity to find the cheapest energy plans and drive down your energy costs.
Recent reports released by the Electric Reliability Council of Texas (ERCOT) state that coastal winds have generated almost 60% of their installed capacity during the 2019 summer peak hours.
ERCOT, the state grid operator that also controls 75% of the deregulated market, has registered an increased energy generation in solar production, which is a fast-developing utility-scale market in Texas.
In 2019, wind energy contributed to 21.78% of the production of the entire state. Other contributing renewable energy providers Texas are biomass, hydropower, and fuel oil. Going by these numbers, you can say that the future is green. Renewable resources can serve the electricity demands of both residential and commercial needs.
Seize your power to choose alternative electricity in Dallas, with Shop Texas Electricity green energy plans.
Shop Texas Electricity purchases electricity from energy generation companies and sells it to business owners. We provide you affordable small business electricity rates in Dallas that suit your needs. It is as simple as that.
For Dallas residents and businesses, getting the best electricity plans with the cheapest energy rates have never been faster.
Start comparing the best electricity plans in the greater Dallas area!
1 Are you ready to save money on energy bills?
2 Then enter your Zip code to compare energy rates in Dallas.
3 Find a great energy plan in Dallas with our fast and simple process.
4 Save money on your electricity bills and stop paying more than you should.
Average usage and prices vary by customer and TDSP and are subject to change.