The Colony is a suburban city in Denton County on the shores of Lake Lewisville. Thanks to Texas's deregulated electricity market, residents here can shop for their own electricity provider rather than being locked into a single utility. That means you can compare dozens of plans and providers to find the rate that fits your home's usage and budget.
The Colony is a densely residential DFW suburb where most households fall into a predictable usage band. Fixed-rate plans with 12- or 24-month terms typically offer the best value here, since variable rates during Texas summers can be unpredictable.
Oncor Electric Delivery is responsible for maintaining the power lines, transformers, and grid infrastructure delivering electricity to your home. Your utility is fixed by your address — you cannot choose it. To report power outages or downed power lines, contact Oncor at 888-313-4747.
Your electricity provider is the company you buy power from. They set your rate, send your bill, and provide customer service. In The Colony, you can choose from dozens of retail electric providers competing in the Oncor service area — this competition is what keeps Texas rates among the most competitive in the country.
Fixed-rate plans lock in your price per kWh for 6 to 36 months. For most Colony homeowners, a 12- or 24-month fixed rate delivers the best balance of savings and stability — your bill stays predictable regardless of what happens to the wholesale market in summer.
Variable-rate plans adjust monthly with market conditions and carry no long-term contract. You can switch anytime without a cancellation fee. The downside is real exposure to summer price spikes — Texas demand peaks in July and August, and variable rates can climb sharply.
Prepaid electricity lets you pay in advance with no deposit or credit check. You load funds and monitor your balance rather than receiving a monthly bill. A good option for renters or anyone who wants to avoid a multi-month commitment.
Most providers serving The Colony offer 100% renewable energy plans sourced from Texas wind and solar. Green plans have become price-competitive in recent years and are worth including in your comparison when you shop.
Switching providers in The Colony is straightforward and doesn't interrupt your service. Oncor continues delivering your electricity throughout — only your billing relationship changes.
The best time to shop is 60–90 days before your current contract ends. Waiting until after expiration often means defaulting to a higher variable rate automatically.
