Do You Want the Lowest Bill in Dallas?
If you’re like most Americans, you spent almost $1,000 on Christmas gifts and other holiday items. But, with Christmas and Valentine’s Day in the rear view mirror, it’s time to buckle down your budget and save. Gift giving season is over, so now you can focus on spending for yourself. At this time in the Oncor service area, Dallas residents have ample opportunities to lower their monthly utility bills. So, if you want the cheapest electricity bill in Dallas, compare these five 12-month power plans.
Bill Credits for Cheap Electricity
In general with today’s marketplace, the cheapest plans are those with built-in bill credits. Fortunately, they work in a simple manner. Once you reach a usage amount within a billing cycle, your retailer credits your account with a dollar amount set forth in your contract. For that reason, most plans – including those with the lowest bill in Dallas – put the usage mark at 1,000 kWh. While the dollar amount also varies plan to plan, the most common figure is $100.
The key to taking advantage of bill credit plans, in short, is to make sure your usage always earns you that plan’s bill credits. Otherwise, you should explore other plans when you switch electricity companies. So, review your power bills over the last year to understand your usage pattern.
The Lowest Bill in Dallas
While you can choose longer plans, many people opt for 12-month plans. These plans, for example, have the lowest bills right now:
| Plan | Rate | Avg. Bill | Bill Credit | ETF |
| 4Change Energy Maxx Saver Select 12 | 10.4 cents | $104 | $100 @ 1,000 kWh | $20 x Months Remaining |
| Chariot Energy GridEdge 12 | 10.4 cents | $104 | $90 @ 1,000 kWh | $15 x Months Remaining |
| Gexa Energy Gexa Eco Saver Plus 12 Plan | 10.5 cents | $105 | $100 @ 1,000 kWh | $150 |
| Frontier Utilities Frontier Saver Plus 12 Plan | 10.5 cents | $105 | $100 @ 1,000 kWh | $150 |
| Discount Power Bill Credit Bundle 12 | 10.5 cents | $105 | $125 @ 1,000 kWh | $150 |
By signing up for just one year, you leave yourself the flexibility to pick another plan in one year. You get to try out a power company for a year rather than a long-term commitment. By the time the 12 months end, you can stick around with a new plan or go a different direction.
But watch out for those early termination fees! Due to high flat termination fees, leaving a plan earlycan really take a chunk out of the savings you’ve accumulated. The plans with fees based on the number of months remaining in your contract hurt much less when you only have a few months left before the contract expires.
Let the Savings Add Up!
All in all, the money you save with a new power plan this spring could help fund your next holiday season. Without a doubt these 12-month bill credit plans could well be the best for you. All the same, you might also find better plans for your needs. So, peruse the plans at http://www.texaselectricityratings.com/electric-rates. You’ll never know until you look!