Which Electricity Company Provides The Best Incentives?
Looking for ways to keep your Texas electricity bill low this winter? From time to time, electricity providers in Texas offer reward incentives for new customers. While gifts from light companies vary, the most common (and often the best) is the gift card. Curious about which electricity company offers the best Texas electric gift card with their plan in Dallas? So are we! Come with us as we dig deeper.
Best Free Gift for Switching Texas Electricity Provider
Right now, TXU Energy is offering between a $50 – $100 prepaid Mastercard for Oncor residents who switch over to one of their select electricity plans. The amount of your gift card depends on the plan you choose. But the trick here is that more isn’t necessarily better. The plans offering a $100 prepaid Mastercard have higher rates. So, you’ll want to choose a plan with a smaller gift card amount if you want to get cheap electricity rates in Dallas.
Best Fixed-Rate Electricity Plan with Gift Cards
The best Texas electric fixed-rate plan that offers a gift card is TXU Clear Deal 12. This is a tiered-rate electricity plan with two tiers. You’ll pay 7.6 cents per kWh for energy use up to 1200 kWh. After 1200 kWh, you’ll pay an energy charge of 12.4 cents per kWh.
There’s a base charge of $9.95 per month you need to be aware of as well. However, there’s also a bill credit of $30 for 800 kWh of use or more. After you factor in the bill credit, the base charge, and the standard TDU charges, you’ll pay an average rate of 9.9 cents per kWh for 1000 kWh of use.
You should be aware of the $150 early termination fee. This is pretty steep. And if you’re in the market for cheap early termination fee electricity, there are other plans out there.
Best of all, you’ll get a $50 gift card with this plan. You’ll need to redeem this offer online or over the phone within 90 days of your first day of electricity service. Once you redeem it, you’ll get your prepaid Mastercard within 2 – 4 weeks.
Keep in mind your account will need to be in good standing to receive the gift card, and you’ll need to use the card within 6 months.
Use Your Power to Choose Electricity Providers
The electricity market in Texas is deregulated. This gives you the power to compare competing providers to find the best Texas electric rates to save big on your monthly electricity bills. And gift cards are just one to do it.
If you’re looking for the cheapest electricity rates, you need the right resources to shop and compare providers in Dallas. Visit www.TexasElectricityRatings.com and see how we make shopping for and switching to a new Dallas energy provider easy for you.