Compare Dallas TX Electric Companies and Find the Best Prices in 2024

Looking for the best electricity rates in Dallas? Compare the best providers and plans in just a few clicks.

Paul Rhoads By Paul Rhoads, CEM, CEP linkedin link
Last Updated: January 26, 2024
five stars 36 reviews Clock 12 min read
Electric Tower in Dallas TexasElectric Tower in Dallas Texas

At EnergyPricing.com, we take pride in our editorial integrity. Our content is not influenced by any energy supplier or provider. However, we may reference their products in our articles. Here's an explanation of how we make money.


Are you overspending on electricity in Dallas? Looking to better manage your energy costs? Look no further!

This comprehensive article serves as your ultimate guide to discovering the best electricity rates in Dallas. It offers a comparison of providers and plans, empowering you to switch to a more budget-friendly energy solution.

Get ready to confidently power your home or business, knowing you've made a smart choice for your energy needs. 

Understanding Dallas's Deregulated Energy Market

Dallas, TX operates as a deregulated energy market, granting residents the autonomy to select their own energy provider. Nevertheless, this entails the responsibility of conducting thorough research and comparisons of rates, plans, and providers in order to secure the most advantageous arrangement.

Before delving into the realm of Dallas electricity rates, it is crucial to take into account various details such as the actual rate, the duration of the contract, and any potential additional fees. Are you ready to embark on a journey to unravel the mysteries of Dallas's electricity rates? Let us commence!

Comparing Dallas TX Electric Companies

Finding the best electricity rates in Dallas doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing rates is a breeze!

Compare Electric Rates in Dallas in just 3 Easy Steps:

  1. Click the Get Started Button: This will direct you to all our available electricity providers in your area.
  2. Compare Rates and Providers: Our easy-to-use interface allows you to compare all the providers and plans effortlessly.
  3. Enroll Online: Once you find the perfect plan, you can enroll online in less that 2 minutes.

Would you like to see how it works in real-time? Watch the video below to learn how shop online with EnergyPricing.com.

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Choosing an Electric Provider in Dallas TX

When shopping for electricity providers in Dallas, there are a few important factors to consider. These include:

  1. Price: Be sure to compare different rates and plans from each provider to find the best options for your needs and budget.
  2. Read Customer Reviews:  Many customers will post reviews of their experience with each provider. This can be a great way to get an idea of the customer service and reliability of each company.
  3. Company Size: Consider the number of customers a company has. It can indicate their size and stability. A larger customer base means more resources to meet customer demands.
  4. Company History: Researching a company's history can help you gauge its reliability. A company with a long history of reliable service is a positive sign of its longevity.
  5. Read the Contract: Read the entire agreement carefully before committing yourself to any provider. Look for hidden fees or penalties, cancellation clauses, and contract length.

Best Dallas Electric Company

Finding the top electric company in Dallas TX requires significant effort. However, we can rely on the report from the U.S. Energy Information Administration, which ranks providers based on their customer base. This ranking provides valuable insights into the most popular energy companies in Dallas.

  1. TXU Energy Retail Co, LLC – 1,668,676 Customers
  2. Reliant Energy Retail Services- 1,440,089 Customers
  3. Direct Energy Services- 516,248 Customers
  4. Ambit Energy Holdings, LLC- 408,661 Customers
  5. Green Mountain Energy Company- 364,913 Customers
  6. US Retailers, LLC- 348,361 Customers
  7. NextEra Energy Services, LLC- 293,050 Customers
  8. Stream SPE, LTD- 241,597 Customers
  9. Just Energy- 236,182 Customers
  10. Constellation NewEnergy, Inc - 218,526 Customers

Dallas residents should be aware of all the options for electricity providers. While I mentioned a few providers earlier, it's important to note that some of the most competitive deals in Dallas, TX have historically come from emerging suppliers who are willing to offer better rates than established companies.

Types of Electricity Plans in Dallas TX

If you're searching for the top energy plans in Dallas but feeling uncertain about which one to select, here's some information on the commonly available plan types and their advantages.

Fixed-Rates Plans -  With a fixed-rate energy plan, your electricity rate is locked in for the duration of your contract. This means you'll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of market fluctuations.

Variable-Rate Plans - Unlike fixed-rate plans, variable-rate plans (Indexed Plans) have rates that fluctuate with the energy market. Your bill may vary based on market conditions. 

100% Green Energy Plans - If you prioritize environmentally friendly energy and don't mind the extra cost, a 100% Green Energy Plan is a great choice. However, it's important to note that the electricity flowing through your power lines may not be 100% Green Energy even with this plan. Instead, most electric providers offset your energy usage by purchasing Renewable Energy Credits (RECs) generated from solar or wind energy.

Promotional Energy Plans - Promotional energy plans offer savings through lower rates or unique billing structures. Popular options include free weekend plans and Monthly usage bill credit plans. However, customers should carefully review the Supplier's Electricity Facts Label (EFL) to understand pricing and potential additional costs.

Tips for Comparing Energy Plans in Dallas TX

Are you looking to reduce your monthly electricity bill in Dallas TX? These tips can help you quickly find the best electricity plan.

  1. Check the plan's Electricity Facts Label (EFL): Every residential electricity plan in Texas must have an EFL. It's like a nutrition label for electricity plans. The EFL provides important details such as the average electricity rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate electric rates comparison. Look at the EFL!
  2. Look up your kWh Usage. To compare plans effectively, consider your specific kWh usage. For example, if you use about 500 kWh per month, focus on plans tailored to your needs. This is especially important for promotional plans that offer credits for staying under a usage threshold.
  3. Note any additional fees: Besides the electricity rate, consider other costs, monthly service fees, cancellation fees, and other add-ons. It’s important to factor these fees into the equation when comparing plans.
  4. Consider 100% Green Plans: A 100% Green Energy Plan may be the perfect option for those prioritizing environmentally-friendly energy sources.
  5. Contract Length: Most electric providers offer plans from one month to three years. You may be able to save money with a longer-term plan, but make sure you understand the cancellation fees before committing yourself to any provider.

Saving Money on Your Electricity Bill in Dallas TX

To lower your electricity bill in Dallas, try shopping for better rates, investing in energy-efficient equipment, and be mindful of your energy usage habits.

Shop for Better Rates - To lower your monthly electricity bill, consider shopping around for better rates. One option is Texas PUC's shopping website, Power to Choose. It's important to note that any licensed provider can post offers there, regardless of reputation and customer service complaints.Unlike the state shopping website, EnergyPricing.com pre-screens all our suppliers and energy plans to bring you the best options.

Energy Efficiency Measures - Another way to lower your electricity bill is to invest in energy-efficient measures. Opt for LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. These choices will save you money and contribute to a greener and more sustainable future.

Smart Usage Habits - Alongside investing in energy efficiency measures, embracing smart energy usage habits can significantly contribute to saving on your electricity bills. You can actively reduce your energy consumption and enjoy lower monthly bills by turning off lights and electronics when not in use, sealing air leaks in your home, and opting for fans instead of air conditioning.

Moving to Dallas, Texas: What you Need to Know about Your Electric Bill

Are you planning to relocate to Dallas, TX? If so, it's important to note that Dallas operates in a deregulated electricity market. This offers you the freedom to select and compare various electricity providers and plans, ensuring that you secure the most favorable rate available. 

Below is everything you need to know about how to set up your electricity bill in Dallas.

Local Electric Utility Company in Dallas

Oncor is the electricity company for the Dallas area. They deliver electricity from power plants to homes and businesses and maintain the electrical infrastructure. If there are any power outages, you should contact Oncor, not your Retail Electricity Provider.

Locate your ESID number

Each electricity meter has a unique identifier called an Electric Service identifier (ESI ID) number. You must provide this number to the companies when setting up your service. To find your ESID number, contact your local utility company or use our ESID address lookup tool while enrolling on our website.

Retail Electricity Providers in Dallas TX

The Dallas electric companies you will choose from are called Retail Electricity Providers (REPs). To set up your electric service, click the Get Started Button below, select the REP you prefer, and let them know your move-in date. It's a simple process!

Commercial Electric Rates in Dallas, Texas

Are you a business owner in Dallas struggling with the task of pricing your business electricity accounts? Look no further, because we have the perfect solution for you - EnergyPricing.com! Say goodbye to the hassle of countless phone calls and face-to-face meetings, and streamline the process with our efficient platform.

EnergyPricing.com is a platform that simplifies the process of receiving quotes from multiple electric companies in Dallas. Use our technology to get instant quotes from your computer or smartphone effortlessly. Our user-friendly platform revolutionizes the experience of finding the best energy pricing. Join us today and enjoy the benefits of EnergyPricing.com!

  1. Direct Access to Providers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of electricity providers. Just sit back and watch the bids come in!
  2. Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the rates in the market.
  3. Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.

In Conclusion

Throughout this thrilling journey, we gained knowledge about electricity prices in Dallas. We've explored the concept of a deregulated energy market, shared advice on comparing energy providers, and delved into strategies for saving money on your electricity bills. 

Ready to have full control over your electricity usage in Dallas? Begin comparing rates now and discover the perfect plan for your home or business. Simply click the Get Started Button below  to start saving money on your electricity bills today!

Frequently Asked Questions

What is EnergyPricing.com?

EnergyPricing.com is an online marketplace that connects residential and commercial customers in deregulated electricity and natural gas states with energy suppliers.

How does EnergyPricing.com make money?

As a registered electricity broker with the Public Utility Commission in Texas, electricity suppliers pay us a small commission for connecting customers like you with them. Here is a full explanation on how we make money

Who is the local electric utility company in Dallas?

You can rely on Oncor, your local utility company, for delivering and maintaining your electricity. If there's a power outage, just contact them to get you back up and running.


 

Author

Paul Rhoads

Paul Rhoads, CEM, CEP

Paul is the Vice President of EnergyPricing.com. He has over a decade of experience in the energy industry, advising clients on how to shop in deregulated energy states. In addition to his experience, Paul is a Certified Energy Manager (CEM) and Certified Energy Procurement Professional (CEP).

TABLE OF CONTENTS

click here to compare electric rates click here to compare electric rates