Southlake Electricity Rates, Plans & Suppliers
The cheapest Southlake electricity rate is 13.5 ¢/kWh, 28% lower than the average rate of 18.9 ¢/kWh.
43% are choosing plans with a contract length of 24 months, with 12 month contracts being the second most popular choice at 12%.
The average electric bill in Southlake is $160, with average electricity usage of 1100 per month.
Recommended Southlake Electricity Plans
Compare Southlake Electricity Rates
We've researched the best providers and plans so you can find a great electricity rate in Southlake
| Company | Term | Rate |
|---|---|---|
| Gexa Energy | 12/months | 10.4¢/kWh |
| 4Change Energy | 24/months | 10.5¢/kWh |
| Frontier Utilities | 12/months | 10.5¢/kWh |
| Chariot Energy | 36/months | 10.7¢/kWh |
| Discount Power | 24/months | 10.7¢/kWh |
| Cirro Energy | 12/months | 11.0¢/kWh |
| Think Energy | 6/months | 12.7¢/kWh |
| Amigo Energy | 24/months | 12.8¢/kWh |
| Just Energy | 24/months | 12.8¢/kWh |
| Tara Energy | 24/months | 12.8¢/kWh |
How Often do Electricity Rates Change in Southlake Change?
Southlake electricity rates change continually throughout the year. Multiple factors impact the rate, including weather, and natural gas prices. Hot and cold weather drive prices up, while mild weather and reduced demand bring prices down. Keep in mind that every light company has it's own pricing formula and may be in a phase to acquire customers with low rates, or may be in a conservative position and have high rates. The key is to shop when your contract comes up. There's always a deal to be had.
Video - What is The Best Southlake Electricity Rate (September 2024)
How to Switch Your Southlake Light Company
Switching light companies is simple and seamless with no interruption in service.
- You can switch your electricity company up to 45 days before your electricity contract ends. This is called a "Forward Switch"
- What is a Forward Switch? - A forward switch allows you to "Switch and Forget" Your new provider will handle all the details and seamlessly transfer you rservice on your contract end date
- You can switch your electricity company without penalty up to14 days before your contract ends.
- Your electricity provider is required to notify you that your electricity contract is up 30 days before th econtract end date
- Then compare electricity rates for Southlake and switch in minutes.
Best Light Companies in Southlake
TexasElectricityRatings, rates the top electricity companies in Southlake
| Rank | Provider | Stars | Award | |
|---|---|---|---|---|
| #1 |
|
Champion Energy Services |  |
|
| #2 |
|
Payless Power | |
|
| #3 |
|
Constellation |  |
|
| #4 |
|
TriEagle Energy | |
|
| #5 |
|
Reliant | |
|
Electricity Plans for Southlake
- Fixed Rate Plans: Offer a fixed rate per kWh (monthly bill may vary based on usage) for the length of the contract, typically 12 to 36 months.
- Green Energy Plans: Source power from renewable sources such as wind, and solar.
- No Deposit Plans: Electric companies in Southlake offering no deposit sometimes called prepaid electricity plans; allow customers to pay for their electricity in advance. With a no deposit electricity plan, customers can avoid credit checks, deposits, and avoid disconnection for non-payment.
- Variable Rate Plans: Usually considered as the opposite of fixed rate plans, with these plans the price per kWh will vary month to month.
- Time of Use Plans: Vary the rate per kWh based on the time of day and/or the season. Customers are often charged a higher rate during the day and a lower rate in the evening. Additionally there
- Solar Buy Back Plans: This allows Southlake homeowners with solar panels earn extra money by selling their surplus electricity to their electricity provider. Often this is in the form of bill credits for electricity that would otherwise go to waste. Electricity companies offering these plans include: Chariot Energy, Rhythm Energy, and Energy Texas.
Southlake Electricity Outage and Utility Information
If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance
Centerpoint Energy: 713-207-2222
AEP Central/AEP North: 866-223-8508
Contact the Texas Public Utilities Commission with any other concerns:
PUC Customer Protection, P.O. Austin, TX 787111-3326.
Call 1-888-782-8477
Email the PUCT at customer@puc.texas.gov
Are You Moving to Southlake?
Texas has a deregulated electricity market. That means Southlake Electricity Companies compete for your business. Just like cellphone, Internet, Insurance and credit card companies that compete for your business. And just like those businesses there are plenty of ways that Texas electricity companies can take advantage of you, so we've made it easy. We've rated, ranked, and recommend Southlake's best electricity companies and electricity plans that will make your move easy.
Getting your power turned on in Southlake is easy. If your home has a smart meter, we can get your power turned on in 4-6 hours. Just enter your zip code to get started.
Compare Local Electric Rates
When shopping for electricity, you will see that rates and plan availability may vary by location. This is due to differences between local utility transmission and delivery fees.
That's why you need to enter your zip code to compare electricity rates in Southlake.
Compare Business Electricity Rates in Southlake?
You have the power to choose your Commercial and Small Business Electricity Rates in Southlake. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.
Southlake business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Southlake or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.
Commercial Electricity Rates in Southlake
Renewable and Green Energy Options in Southlake
Over 30% of the energy produced in Texas is from renewable energy resources such as solar, and wind. In fact, Texas produces more green energy than any other state. And is one of the reasons that Texas has some of the lowest electricity rates in the US.
Every Texas energy provider has about 20% green energy in their mix of energy sources. You can see this in the Fuel Mix section of any Texas Electricity Plan EFL (Electricity Facts Label).
Most Texas electricity companies have a 100% green / renewable energy plan, where 100% of the energy you buy supports renewable energy generators. Some Southlake electricity companies are exclusively green, where every plan is 100% green and prices and rates support 100% green energy and renewable generation.
The 3 types of renewable energy plans to select from:
- Green energy term plans:
- These are similar to traditional 3 to 12 month term plans with 100% green energy.
- EV Charging Plans:
- Plans targeted at EV owners that are "Time of Use" where you pay low rates at night (between 11PM and 5AM) and a higher rate during the day.
- Solar Buy Back Plans:
- Plans that allow homeowners who own their solar panels to sell excess power back to their provider or offset their electricity bill with excess power generated by their solar panels and may earn bill credits of up to .25 cents per kWh exported back to the grid.
Five Green Electric Plans for Southlake
| Company | Term | Rate |
|---|---|---|
| Gexa Energy | 12/months | 10.4¢/kWh |
| Chariot Energy | 36/months | 10.7¢/kWh |
| Think Energy | 12/months | 12.9¢/kWh |
| Rhythm | 6/months | 13.5¢/kWh |
| Champion Energy Services | 24/months | 15.4¢/kWh |
FAQ: Southlake Rates, Plans and Providers
Is it true that Just Energy has a low price in Southlake?
- Base Saver Plus - 24 is the cheapest rate from Just Energy. It is a 24 month plan with a rate of 12.800 cents per kWh.
We recommend you compare electricity rates in Southlake and see if this plan is right for you.
TriEagle Energy offers these plans in Southlake
The following rates are available from TriEagle Energy
What Southlake Amigo Energy electricity plans are available?
The following rates are available from Amigo Energy
What is a cheap Champion Energy Services electricity rate in Southlake?
- Champ Silver-24 is the cheapest rate from Champion Energy Services. It is a 24 month plan with a rate of 14.600 cents per kWh.
You can order the Champ Silver-24 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website