Name: PTC 3 Month - Prepaid
Brand: Payless Power
Price: 10.4 USD
Availability: OnlineOnly
Rating: 4.8 (9443 reviews)

Written By:

Anna Grisham

Verified

By:

Thad Warren

On:

April 17, 2024

Quick Takeaways for Addison:

The cheapest electric rate available is 10.4¢ from Payless Power

The cheapest short term plan available is the PTC 3 Month - Prepaid from Payless Power with a rate of 10.4¢ and a term of 3 months.

The cheapest long term plan available is the Essential Infusion 36 from Infuse Energy with a rate of 13.7¢ and a term of 36 months.

Best Electricity Rates in Addison

Top Energy Providers in Addison

Addison Electricity Rate Trends

Hello Addison! We're Here to Assist You

Navigating the energy industry can be overwhelming, but don't worry, we've got you covered. Our unique approach simplifies the process of finding the perfect plan for you.

With the help of your past energy usage, we can match you with a plan that caters to your specific needs. Stop wasting time trying to comprehend complex energy plans. Let us take care of the work for you and swiftly find the best plan that suits 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.

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.
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.
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.
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.
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 Addison

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

Fixed-rate plans in Addison

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 Addison

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 Addison

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 Addison

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

Electric Utilities and Providers in Addison

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

The Electric utility in Addison is Oncor Energy

The electric utility in Addison 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.

Addison Electricity Providers

There are dozens of energy providers/suppliers that serve Addison. In Texas, this is the company that you pay your electric bill to. Some large brands include TXU Energy, Reliant Energy, Direct Energy, and a whole lot more.

These companies buy power on the wholesale market and sell it to individuals like you and me.

Business and Commercial Electricity Rates in Addison

Businesses generally have lower electricity rates than homes in Texas. Additionally, commercial rates do not include the transmission and delivery fees as part of the displayed price.

Electricity Service Information in Addison

Report an electricity outage in Addison

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 Addison

Addison zipcodes

75001 75244 75254

Other energy resources for Addison

Addison Electricity FAQs

In Addison, electricity rates can vary due to factors such as location, season, and market dynamics. As of 2024, a competitive rate per kWh in Addison generally falls between 8 to 12 cents for residential customers. It's important to remember that this is an approximate range and actual rates may differ.

An electricity facts label or "EFL" is a document that summarizes important information about an electricity plan.They are required for all residential energy plans in Addison. However, they are not required for commercial electricity plans.

An early termination fee (ETF) is a charge that is levied by an electricity provider if you cancel your contract before the end of the agreed-upon term. ETFs are common in the electricity industry and are typically designed to compensate the provider for the costs associated with setting up your service, such as installing a meter or running new power lines to your home.

There are a few ways you can avoid an ETF when canceling your electricity plan:

Wait until your contract is up: The most straightforward way to avoid an ETF is to simply wait until your contract term has expired before canceling your service.
Negotiate with your provider: If you need to cancel your contract before the end of the term, you may be able to negotiate with your provider to waive or reduce the ETF. It never hurts to ask, and you may be able to come to an agreement that works for both of you.
Switch to a new provider: If your provider is unwilling to waive or reduce the ETF, you may be able to avoid the fee by switching to a new provider. Just be sure to carefully read and understand the terms of any new contract you sign to ensure you won't be subject to any ETFs or other fees down the road.
Check if you qualify for a hardship exemption: Some states have hardship exemptions that allow customers facing financial difficulties to cancel their contracts without incurring an ETF. You may be able to qualify for an exemption if you are experiencing a temporary or permanent financial hardship, such as a job loss, a reduction in income, or a medical emergency.

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

There are several renewable energy providers that serve Addison. To compare renewable energy plans enter your zip code here and look for the small leaf icon. This will tell you how much of the plan is from renewable energy.

If your power goes out, there are a few steps you should take to stay safe and report the outage:

Stay safe: If the power goes out, unplug any appliances and turn off any light switches to prevent a surge when the power comes back on. Avoid using candles or open flames as a light source, as they can be a fire hazard.
Check your fuse box or circuit breaker: Your fuse box or circuit breaker may have tripped, causing the power outage. Check to see if any switches have been tripped or if there are any blown fuses. If you find the problem and are able to fix it, the power should come back on.
Check with your neighbors: If your power is out but your neighbors' power is on, the problem may be with your home's electrical system. Check with your neighbors to see if they are experiencing a power outage as well.
Report the outage: If you are unable to fix the problem and your neighbors are also experiencing a power outage, you will need to report the outage to your utility. In Addison that is likely Oncor.
Stay informed: If the power outage is widespread, your electricity provider may have updates on their website or social media accounts. You can also tune in to local news or follow emergency services on social media to stay informed about the situation.

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

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.
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.
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.
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.
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

Addison Electricity Plans - Enroll in 5 Minutes or Less

Quick Takeaways for Addison:

Best Electricity Rates in Addison

Top Energy Providers in Addison

Addison Electricity Rate Trends

Hello Addison! We're Here to Assist You

What you should know about switching electric companies

Types of Energy Plans in Addison

Fixed-rate plans in Addison

Variable-rate plans in Addison

Green energy plans in Addison

Prepaid plans in Addison

Electric Utilities and Providers in Addison

The Electric utility in Addison is Oncor Energy

Addison Electricity Providers

Business and Commercial Electricity Rates in Addison

Electricity Service Information in Addison

Report an electricity outage in Addison

Shop cities nearby to Addison

Addison zipcodes

Other energy resources for Addison

Addison Electricity FAQs

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