Compare the Cheapest Electricity Rates in Dallas
As an Oncor customer, it’s not always easy to compare electricity plans. Some plans offer really low electricity rates but have high monthly bills. Others have higher rates, but lower average bills. So, who has the cheapest 12-month fixed electric plans in FT. Worth right now?
Which Electric Provider Is Cheapest in Fort Worth?
Best Value 12 from Frontier Energy has the lowest average electricity rate in Fort Worth right now. You’ll pay 10.6 cents per kWh. There’s a $75 bill credit for 1000 – 1500 kWh of usage. With the standard TDU charges added in, your average rate for electricity comes to 6.9 cents per kWh. The average projected monthly bill on this plan is $113.
However, Easy Saver 12 from 4Change is a tiered electricity plan with the lowest average monthly bill. You’ll pay $79 for usage up to 1000 kWh per month. And it’s 15.5 cents per kWh for every additional kWh of use. But, the average projected monthly bill is only $97.
So, which is really better?
What’s the Best Electric Company in Fort Worth?
It really depends on your usage. If your electricity use fluctuates around 1000 kWh, you’re better off with Best Value 12 from Frontier Energy. With the other 4Change plan, you’ll need to be sure that you regularly use between 1000 – 1500 kWh each month, otherwise, you’ll end up paying more for electricity.
Rather than try to stay within that window, it’s better to choose the best fixed-rate electricity plan that offers cheap rates and straightforward pricing. This will keep you from dealing with any electricity bill surprises at the end of your billing period.
Switching to a New Electricity Provider in Fort Worth
Tomorrow Energy will send you an offer to update your contract at the end of your term. If you don’t reply, they will switch you over to their renewal product automatically. These are month-to-month energy plans with higher rates. That means you’ll want to shop for a cheaper electric plan about one month before your term finishes.
If you want to switch sooner, the early termination fee on this plan is only $20 per month remaining in the contract. So, if you find a better electricity plan before your term ends, you should make the switch as long as you end up saving more than what the early termination fee costs you.
How to Shop for Cheap Electric in Fort Worth
It always pays to shop around for cheap electricity rates in Fort Worth. However, the deregulated electricity market in Texas can be tricky to navigate. Which cheap electricity rates but high projected monthly electric bills, your head might start spinning from all the confusion.
Rather than settle for expensive electricity bills in Fort Worth, you should take advantage of your power to choose the cheapest electric rates. That way you can save the most on your monthly bills.
For help on finding the cheapest electricity rates out there, visit https://www.texaselectricityratings.com!