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Written By:
Anna Grisham
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By:
Thad Warren
On:
November 20, 2024

Best Electricity Rates in Mansfield

Hey there Mansfield! We're here to lend a helping hand

Feeling lost in the vast energy industry? No worries, we've got your back. Our innovative approach takes the hassle out of finding the perfect energy plan for you.

By analyzing your historical energy usage, we can connect you with a plan that meets your individual requirements. Say goodbye to wasting time deciphering complicated energy plans – let us handle the legwork and swiftly find the ideal plan for you. Trust us, you won't regret it.

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 Mansfield

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


Fixed-rate plans in Mansfield

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 Mansfield

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 Mansfield

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 Mansfield

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 Mansfield by contacting the various electricity providers in the area and asking about their available plans and rates.


Electric Utilities and Providers in Mansfield

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


The Electric utility in Mansfield is Oncor Energy

The electric utility in Mansfield 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 Mansfield

Report an electricity outage in Mansfield

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 Mansfield

Mansfield zipcodes

76063

Other energy resources for Mansfield

Mansfield Electricity FAQs

The cheapest electricity provider is Gexa Energy, with a rate as low as 9.9.

The electric utility in Mansfield, Texas is Oncor. Some areas of Mansfield 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 Mansfield:

  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

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.