No one should be shopping summer electricity rates— except for this year! Check out the five best Dallas electricity rates!
Who Has the Cheapest 12-Month Fixed Rate Plan in Dallas?
With average monthly electricity bills trending downward, now’s the time to shop for the cheapest electricity rates in Dallas. And to get cheap rates for the long term, you need to look at fixed-rate electricity plans. But there are a LOT of energy plans to choose from in Texas. So to make switching to a new electricity provider less confusion, here are the top five 12-month fixed-rate plans in Dallas.
What’s the Best 12-Month Tiered Electricity Plan?
Value Saver 12 from 4 Change Energy offers straightforward, low electricity rates in the Oncor service area. You’ll pay 8.96 cents per kWh for 1 – 500 kWh of use; 4.16 cents per kWh for use between 501 – 1000 kWh; and back to 8.96 cents per kWh for anything more than 1000 kWh of use. Once you add in the standard TDU charges and the $25 bill credit for 1000 kWh of use, you’ll pay an average rate of 8.7 cents per kWh for 1000 kWh of use per billing cycle.
Like all 4Change Energy plans on this list, there’s an option to select 4Change Renewable Energy Option in Texas if you want the plan to be 100% green energy. Otherwise, it’s only 6% renewable. And the early termination fee for all 4Change Energy plans on this list is $20 for each month left in your contract.
Best Free 12-Month Energy Plan in Texas
4Change Energy’s Free Energy 12 plan is a tiered electricity plan that offers free electricity with a bill credit. You pay no base charge, and your electricity charge for the first 500 kWh is 11.1 cents per kWh. At 501 kWh, your energy charge drops to 0 cents per kWh until 1000 kWh of usage before increasing back to 11.1 cents. And once you add in the $25 bill credit and the TDU charges, you’ll pay an average of 6.9 cents per kWh for 1000 kWh of usage.
Cheap Early Termination Fee Electricity
Chariot Energy’s GridEdge 12 has an energy charge of 11.23 cents per kWh and a bill credit of $90 after 1000 kWh of electricity use. When you add in the TDU charges, the average electricity rate for 1000 kWh comes to 6.2 cents per kWh. That’s a really energy low rate. Plus, there aren’t any base charges or surprise charges to worry about.
This is also a good option if you’re looking for cheap early termination fee electricity in Dallas. You’ll only pay $15 per month left in your contract if you decide to leave early.
Cheap Bill Credit Electricity in Dallas
4Change Energy Maxx Saver 12 has an energy charge of 11.19 cents per kWh. This is a no base charge energy plan, so you won’t have to worry about any additional charges outside of the standard TDU charges. An impressive $95 bill credit drops the average electricity rate for this plan to 6.1 cents per kWh for 1000 kWh of usage. These low rates make it a cheap energy plan, but not the cheapest on the list…
Dallas’s Cheapest 12-Month Electricity Plan
Texas Saver 12 from Pulse Power offers the cheapest electricity rates in Dallas for a 12-month plan. At 11.52 cents per kWh, the energy charge isn’t the lowest. However, a generous bill credit of $95 after 1000 kWh of usage brings the average electricity rate down to 5.9 cents per kWh for 1000 kWh of usage. And that’s after you factor in the TDU charges, making it an exceptionally low rate for electricity.
There is a $125 early termination fee that you should keep in mind when signing up, so you’ll want to stay in this contract until the end to avoid any excessive fees. But with low rates like these, you’ll probably want to stay for the long-term.
How to Save More Money on Dallas Electricity Rates
Thanks to the power to choose, you have the freedom to shop for the cheapest electricity rates in Dallas so you can save the MOST on your monthly energy bills. But it isn’t always easy. After all, there are over 100 plans to choose from. That’s why you should visit www.texaselectricityratings.com for expert advice on finding the right energy plan for your Dallas home. Don’t wait. Shop today and save on your monthly electricity bills!