Dallas Electricity Providers - Compare Rates and Plans

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Written By:
Anna Grisham
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By:
Thad Warren
On:
September 16, 2024

Best Electricity Rates in Dallas

What you should know about switching electric companies

Switching electricity providers is not hard. But, you need to think about a few things to avoid costly mistakes.

  1. Read the fine print: Make sure you understand any fees or terms associated with a particular plan before you commit to it. Read the electricity facts label (EFL). It summarizes the important parts of the contract.
  2. Check for hidden fees: Some electric companies charge additional fees for things like bill payment or account maintenance. Make sure you understand all of the fees you will be responsible for before you switch. For example, a 12.1¢ plan with a $10 monthly fee may have an overall higher cost than a 12.5¢ plan with no monthly fee.
  3. Consider renewable energy options: Many electric companies offer plans that include a percentage of renewable energy. If you are environmentally conscious, you may want to consider switching to a company that offers such a plan.
  4. Keep an eye on your usage: Make sure you have a good understanding of how much electricity you use each month so that you can choose a plan that meets your needs.
  5. Check the cancellation policy: If you decide you want to switch electric companies, make sure you check for early termination fees.

Types of Energy Plans in Dallas

There are several types of electricity plans available in Dallas, Texas. These include:


Fixed-rate plans in Dallas

These plans offer a fixed rate for the length of the contract, typically between 6 and 36 months. Customers on a fixed-rate plan will pay the same price for their energy usage each month, regardless of fluctuations in the market.


Variable-rate plans in Dallas

These plans have rates that can fluctuate based on the market price of electricity. Customers on a variable-rate plan may see their rates go up or down each month.


Green energy plans in Dallas

These plans offer electricity generated from renewable sources such as solar or wind. Customers on a green energy plan may pay a slightly higher rate for their electricity, but they can feel good about supporting renewable sources.


Prepaid plans in Dallas

These plans allow customers to pay for their electricity usage in advance. Customers on a prepaid plan will not receive a monthly bill, but they will need to monitor their usage and add funds to their account as needed.

It's important to compare different plans and choose one that best fits your needs and budget. You can compare electricity plans in Dallas by contacting the various electricity providers in the area and asking about their available plans and rates.


Electric Utilities and Providers in Dallas

There are two types of electric companies in Dallas that you are likely familiar with. Utilities and providers. Keep reading to learn more.


The Electric utility in Dallas is Oncor Energy

The electric utility in Dallas is Oncor Energy. They are responsible for maintaining the electricity grid and delivering electricity to homes and businesses through a network of power lines and other electrical infrastructure.

When you have a power outage your utility company is responsible for making the repairs.


Electricity Service Information in Dallas

Report an electricity outage in Dallas

To report an electricity outage or downed power line, contact Oncor Energy at 888-313-4747.

You can also report an outage with Oncor online here.

Shop cities nearby to Dallas

Dallas zipcodes

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Other energy resources for Dallas

Dallas Electricity FAQs

The cheapest electricity provider is Chariot Energy, with a rate as low as 9.7.

The electric utility in Dallas, Texas is Oncor. Some areas of Dallas may be served by other utilities or co-ops. You can find the utility for your address here.

There are several ways you can lower your electricity bill in Dallas:

  1. Use energy-efficient appliances: Replacing your old appliances with Energy Star certified appliances can help you save on your electric bills. These appliances are designed to use less energy and can help you reduce your energy consumption.
  2. Turn off lights and appliances when not in use: Leaving lights and appliances on when you're not using them can add up on your electricity bill. Make a habit of turning off lights and appliances when you leave a room or when you're finished using them.
  3. Use natural light: During the day, open blinds and curtains to let in natural light instead of turning on the lights. This can help you save energy and lower your electricity bill.
  4. Install a programmable thermostat: A programmable thermostat can help you save on your electric bills by allowing you to set a schedule for your heating and cooling system. You can set the thermostat to turn off when you're not home or when you're asleep, which can help you reduce your energy consumption.
  5. Shop around for a better electricity rate: The cost of electricity can vary significantly among different providers. By shopping around and comparing rates, you may be able to find a better deal and lower your electric bills

If you need same-day electricity service in Texas, you're in luck—thanks to deregulation, you have options to get power quickly. Here’s how to secure electricity on the same day:

  1. Choose a Provider Offering Same-Day Service: Some Texas electricity providers specialize in fast activation. Companies like TXU Energy, Reliant, and Direct Energy often offer same-day service if you sign up early in the day.
  2. Apply Early: To increase your chances of getting power the same day, submit your application before noon. This allows enough time for processing.
  3. Select a No-Deposit Plan: If you're worried about delays due to credit checks or deposits, opt for a no-deposit or prepaid plan. These plans often have faster processing times because they skip the credit check and deposit requirements.
  4. Use a Smart Meter: If your property has a smart meter, the provider can usually activate your service remotely, speeding up the process. Make sure to mention this when signing up.
  5. Confirm Activation: After signing up, confirm with the provider that your electricity will be activated on the same day. Some providers may offer a confirmation email or text message once your service is live.

For more detailed information, check out the full guide on GridHacker's blog.

Signing up for business electricity rates with EnergyBot is a breeze, whether you run a small shop or a large enterprise. Here's how to do it:

  1. Start by Entering Your ZIP Code: Head over to our business electricity rates page and enter your ZIP code. This will help us identify the best available rates in your area.
  2. Compare Available Plans: Once you've entered your ZIP code, you'll see a list of electricity plans from various providers. For smaller businesses (monthly bills under $1,000), you'll find instant pricing options that are easy to compare right away. If you're managing a larger business, we offer a personalized quote process, gathering your energy usage details to get the best possible rates from multiple providers. This takes a few days, but it’s worth the wait for potential savings.
  3. Select and Enroll: After reviewing the available options, choose the plan that best suits your needs. You can complete the enrollment process online, and we’ll take care of the rest, ensuring a smooth transition to your new electricity provider.

Moving to Dallas? Setting up your electricity is straightforward, but there are a few steps to make sure you get the best plan for your new home.

1. Check if Dallas is in a Deregulated Area

Dallas is part of Texas' deregulated electricity market, which means you have the power to choose your electricity provider. This gives you the flexibility to shop around for a plan that fits your needs and budget.

2. Research and Compare Plans

Start by comparing electricity plans. You'll find different types, like fixed-rate, variable-rate, or time-of-use plans, each with its pros and cons. For instance, a fixed-rate plan offers price stability, which can be great if you prefer predictability in your bills. On the other hand, time-of-use plans might offer lower rates during off-peak hours—perfect if your schedule allows you to shift usage to these times.

Use a comparison tool like GridHacker to see what plans are available in your area. Pay attention to the Electricity Facts Label (EFL) for each plan, which details the rates, fees, and any special terms.

3. Select a Provider and Plan

Once you've found a plan that suits your needs, sign up with the provider. You'll need to provide some basic information, like your new address and the start date for service.

4. Set Up Your Service

After signing up, your provider will handle the rest, including coordinating with the local utility, Oncor Electric Delivery, which maintains the power lines and handles outages. If you're moving into a new home, you might need to schedule a service start date, which usually takes a few days.

5. Stay on Top of Your Usage

After your service is set up, keep an eye on your energy usage, especially in those hot Dallas summers. Some providers offer tools to help you monitor usage and even set alerts when you're nearing higher usage tiers.

By following these steps, you'll have your electricity set up in no time, leaving you more time to enjoy your new home in Dallas!

An Electricity Facts Label (EFL) is a standardized document required by the Public Utility Commission of Texas (PUCT) that provides a clear and detailed breakdown of the essential components of an electricity plan. The purpose of the EFL is to ensure that consumers can easily compare different plans and make informed decisions based on transparent and consistent information.

Here’s what you’ll typically find in an EFL:

  1. Energy Charge: This is the cost of the electricity itself, usually expressed in cents per kilowatt-hour (kWh). The energy charge can be fixed or variable, depending on the type of plan.
  2. Base Charge: Some plans include a flat fee that you pay regardless of how much electricity you use. This base charge is often listed separately and can affect your overall cost, especially if your electricity usage is low.
  3. TDU Delivery Charges: The Transmission and Distribution Utility (TDU) charges are fees for delivering electricity to your home, maintaining the grid, and covering related infrastructure costs. These are typically passed through to you by the electricity provider and are included in your monthly bill. They can be a significant part of your total cost, so it’s important to consider them when comparing plans.
  4. Usage Credits or Discounts: Some plans offer bill credits if you use a certain amount of electricity each month. For instance, a plan might provide a $30 credit if your monthly usage exceeds 1,000 kWh. These credits can help lower your bill, but only if your usage falls within the specified range.
  5. Contract Terms: The EFL outlines the length of the contract, which could range from a few months to several years. It also details any early termination fees you might incur if you cancel the plan before the contract ends.
  6. Renewable Content: If you're environmentally conscious, you'll want to pay attention to this section. The EFL will specify the percentage of electricity sourced from renewable energy, which can help you choose a greener plan.
  7. Other Fees and Charges: The EFL will also list any other fees that might apply, such as late payment fees, fees for paper billing, or additional charges for using certain payment methods.

Why the EFL Matters When Shopping for an Electricity Plan in Texas

In Texas, the electricity market is deregulated, which means you have the power to choose your electricity provider and plan. However, with so many options available, it can be overwhelming to decide which plan is best for you. This is where the EFL comes in handy. By comparing the EFLs of different plans, you can see beyond the flashy marketing claims and understand the real costs involved.

For example, you might come across a plan that advertises a super low rate. But when you dig into the EFL, you discover that the low rate only applies if you use exactly 1,000 kWh in a month—use less or more, and your rate could skyrocket. Without the EFL, it would be easy to overlook these details and end up with a plan that’s not actually as good as it seems.

How to Use the EFL When Comparing Plans

When you’re comparing electricity plans, the EFL allows you to do an apples-to-apples comparison. Here’s how you can use it effectively:

  1. Look at the Rate Structure: Check whether the energy charge is fixed or variable. If it’s variable, understand how it can change over time.
  2. Consider Your Usage: Analyze the rate at different usage levels (500 kWh, 1,000 kWh, 2,000 kWh) to see how your monthly bill might vary.
  3. Examine the Fees: Don’t ignore the TDU charges, base charges, and any potential penalties for early termination. These can add up quickly.
  4. Check for Bill Credits or Discounts: If a plan offers usage credits, think about whether your typical monthly usage will allow you to take advantage of these credits.
  5. Pay Attention to Contract Length: Make sure the contract term aligns with your needs. If you might move soon or prefer flexibility, a shorter contract or a month-to-month plan might be better.

Key Takeaway: The EFL is Your Best Tool for Informed Decision-Making

The Electricity Facts Label is the key to making an informed decision when choosing an electricity plan in Texas. It provides transparency, allowing you to see exactly what you’re signing up for, without any hidden surprises. By carefully reviewing the EFL, you can ensure that the plan you choose aligns with your budget, usage habits, and preferences. So, the next time you're shopping for electricity, make sure to scrutinize the EFL—it’s your roadmap to avoiding unexpected costs and finding the best deal.

You can find more information about EFLs and how to read an EFL here.