Compare Electric Companies in Fort Worth and Find the Best Prices (2024)

Looking for the cheapest electricity companies in Fort Worth TX? Compare the best providers and plans in just a few clicks.

 
   
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Last Updated: September 10, 2024

Key Points

  • Fort Worth is a deregulated electricity market in Texas, meaning you can shop electricity providers for a cheaper rate. 
  • Oncor is the local electric utility company in Fort Worth. 
  • Compare electric rates and providers with EnergyPricing.com by entering your zip code in on online comparison tool.

Current Best Electricity Rates in Fort Worth

Weekly Fort Worth Electricity Rate Trends

Current Avg. Electricity Rates 

12 Month Fixed Rate $0.1455
24 Month Fixed Rate $0.1449
36 Month Fixed Rate $0.1480
These are the weekly Fort Worth average price trends as of December 6, 2024.

Understanding Fort Worth's Deregulated Energy Market

As a deregulated energy market, Fort Worth offers its residents the power of choice when it comes to electricity providers. But with great power comes great responsibility, right? To score the best deal, Fort Worth residents must invest some time in understanding and comparing electricity rates, plans, and providers.

But before diving into the world of Fort Worth electricity rates, it's crucial to keep in mind factors such as rate, contract length, and any extra fees. Ready to uncover the mystery of Fort Worth's electricity rates? Let's get started!

Comparing Fort Worth Energy Companies

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

Compare Electric Rates in Fort Worth TX in just 3 Easy Steps:

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

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Factors to Consider When Choosing an Electric Provider

When shopping for electricity providers in Fort Worth, 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 Electric Company in Fort Worth

It can be difficult to determine which electric company in Fort Worth is the Best. Fortunately, the U.S. Energy Information Administration has released a report that ranks providers based on their customer count. This information allows us to better understand which Fort Worth energy companies are the most popular..

  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

As a Fort Worth resident, you should know that there are other options available besides the big names I mentioned above. In fact, some of the best deals are often offered by newer, more innovative electricity companies looking to shake up the industry.

Types of Electricity Plans in Fort Worth

Are you searching for the best energy plans in Fort Worth? There are many options to choose from. Here is a brief explanation of the most common plan types and their benefits..

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 unlimited electricity or lower- rate plans with built-in monthly fees. However, customers should carefully review the supplier's terms and conditions to understand pricing and potential additional costs.

Tips for Comparing Energy Plans in Fort Worth

Do you want to save money on your monthly energy bill in Fort Worth? Finding the best electricity plan can be overwhelming, but with these tips, the process will be easy.

  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 Fort Worth

Now that you've got a complete understanding of providers and electricity rates in Fort Worth, it's time to focus on some tips on how to save on your electricity bill.

By shopping for better rates, embracing energy efficiency measures, and practicing smart usage habits, you can significantly reduce your energy expenses and keep more of your hard-earned cash in your pocket

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 Fort Worth: What you Need to Know about Your Electric Bill

Are you moving to Fort Worth, home to 950,000+ residents and counting? If so, you'll be happy to know that you are located in a deregulated electricity market and you have the power (no pun intended) to compare providers and plans for the best rate possible. 

Below is everything you need to know about setting up your electricity bill in Fort Worth:

Local Electric Utility Company in Fort Worth

In the Fort Worth Area, Oncor is your local Utility Company. This is the electric company that is responsible for delivering electricity from power plants to your home or business. They are also responsible for maintaining the electrical infrastructure and dealing with any power outages. So if you have a power outage, contact Oncor, not your Retail Electricity Provider.

Locate your ESID Number

Every electricity meter in Fort Worth has an Electric Service identifier (ESI ID) number. This is the number you give to energy companies when you are setting up your service. If you don't know your ESID number you can contact your local utility company or use our easy-to-use ESID address lookup when submitting your enrollment request on our website. 

Retail Electricity Providers in Fort Worth

The Fort Worth 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 Fort Worth

Attention business owners in Fort Worth! If you find it frustrating and time-consuming to price your business electricity accounts, we have a solution for you. Say goodbye to endless phone calls and in-person meetings, and hello to EnergyPricing.com!

With the EnergyPricing.com platform, you can easily get quotes from multiple electric companies in Fort Worth without any hassle. You can use our proprietary technology to price your accounts directly from your computer or smartphone. Our platform is user-friendly and you can receive quotes instantly. Experience the benefits of EnergyPricing.com today by joining our revolution!

  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 electrifying journey, we've explored the world of electric rates in Fort Worth, from understanding the deregulated energy market and discussing some tips and tricks to comparing energy companies in Fort Worth. We've also shed light on green energy options and how both residents and businesses can save money on their electricity bills.

So, what are you waiting for? It's time to take charge of your electricity needs, start comparing rates, and find the perfect plan for your home or business in Fort Worth. Simply click the Get Started button below and start saving on your electricity bills today!

So what are you waiting for? Simply press the Get Started button and start comparing electricity rates today!

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Frequently Asked Questions

Who 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 and natural gas broker with the Public Utility Commission in each state where we operate, energy suppliers pay us a small referral fee 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 Fort Worth?

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.


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