Grand Prairie Electricity Rates
Last Updated: September 19, 2023
Author: Paul I. Rhoads, CEM, CEP
Compare Rates and Find the Best Electric Company in Grand Prairie TX in 2023
Looking to manage your energy costs and get the best electricity rates in Grand Prairie? Look no further!
Our ultimate guide will compare providers and plans, and help you make the switch to a more wallet-friendly energy solution.
Power your home or business confidently with the smart choice for your energy needs.
Understanding Grand Prairie's Deregulated Energy Market
In Grand Prairie TX, the traditional energy market is deregulated, allowing residents the freedom to choose their energy provider. However, this also requires effort in researching and comparing various energy providers, rates, and plans to find the best deal.
To ensure you get the best Grand Prairie energy rates, it's important to take into account the rate, contract length, and any additional fees. Ready to learn more? Let's get started!
Current Grand Prairie Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Grand Prairie. Below are the current average Grand Prairie electricity rates offered by retail electricity providers. To access the latest rates, click the Get Started Button below.
- 12-Month Fixed Rate of $0.1512 per kWh
- 24-Month Fixed Rate of $0.1448 per kWh
- 36-Month Fixed Rate of $0.1452 per kWh
Source: This data is based on the average fixed-rate Oncor residential plans (per 1,000 kWh) offered by Retail Electricity Providers as of August 24, 2023.
Future Grand Prairie Electricity Rates
Interested in learning about future electricity prices in Grand Prairie? While accurate predictions are impossible, we can make an estimated guess by analyzing the energy future market.
The Energy Future functions like the stock market, where traders buy and sell energy contracts based on their predictions of future energy prices. Essentially, it offers insights into the electricity market in Grand Prairie, TX. Here's the latest chart for the energy future market in this area.
Source: ERCOT North 345 KV Hub D-A 5 MW Peak
Comparing Grand Prairie Electricity Providers
Finding the best electricity rates in Grand Prairie doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing rates is a breeze!
Compare Electric Rates in Grand Prairie 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 than 2 minutes.
Would you like to see how it works in real time? Watch the video below to learn how to shop online with EnergyPricing.com.
Factors to Consider When Choosing an Electric Company in Grand Prairie TX
When shopping for electricity providers in Grand Prairie, there are a few important factors to consider. These include:
- Price: Be sure to compare different rates and plans from each provider to find the best options for your needs and budget.
- 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.
- 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.
- 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.
- 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 Grand Prairie TX
Finding the top electric company in Grand Prairie TX can be a daunting task, but we can trust the U.S. Energy Information Administration's report, which ranks providers based on their customer numbers. This list informs us which companies are the most popular in Grand Prairie.
- TXU Energy Retail Co, LLC – 1,668,676 Customers
- Reliant Energy Retail Services- 1,440,089 Customers
- Direct Energy Services- 516,248 Customers
- Ambit Energy Holdings, LLC- 408,661 Customers
- Green Mountain Energy Company- 364,913 Customers
- US Retailers, LLC- 348,361 Customers
- NextEra Energy Services, LLC- 293,050 Customers
- Stream SPE, LTD- 241,597 Customers
- Just Energy- 236,182 Customers
- Constellation NewEnergy, Inc - 218,526 Customers
If you're in Grand Prairie TX, don't be misled into thinking that the energy providers I mentioned are your only options. Some of the best deals in Grand Prairie TX have come from new and upcoming suppliers offering lower prices than established players.
Types of Electricity Plans in Grand Prairie TX
If you are searching for the best energy plans in Grand Prairie, but are unsure about the right one to choose, then the following information on the most commonly offered energy plan types and their benefits will help you make an informed decision.
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 Grand Prairie TX
If you want to lower your monthly electricity bill in Grand Prairie TX, don't worry! These tips can help you find the best energy plan quickly.
- 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!
- 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.
- 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.
- Consider 100% Green Plans: A 100% Green Energy Plan may be the perfect option for those prioritizing environmentally-friendly energy sources.
- 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 Grand Prairie TX
Lowering your electricity bill in Grand Prairie is possible by shopping for better rates, investing in energy-efficient equipment, and being mindful of your energy usage habits. These tips combined with your understanding of providers and rates can help you save on your energy expenses.
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 Grand Prairie, Texas: What you Need to Know about Your Electric Bill
If you're considering moving to Grand Prairie, TX, it's worth noting that you'll be situated in a deregulated electricity market. This presents an opportunity to explore and compare different energy providers and plans to find the best possible rate.
Below is everything you need to know about how to set up your electricity bill in Grand Prairie.
Local Electric Utility Company in Grand Prairie
Oncor is the electricity company for the Grand Prairie area. They deliver electricity from power plants to homes and businesses and maintain the electrical infrastructure. If there are any power outages, you should reach out to Oncor instead of your Retail Electricity Provider.
Locate your ESID number
Each electricity meter in Grand Prairie has a unique identification number called the Electric Service identifier (ESI ID). It is essential to provide this number to the energy companies when setting up your service. If you need your ESID number, contact your local utility company or use our ESID address lookup tool when enrolling on our website.
Grand Prairie Electricity Providers
The Grand Prairie 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 Grand Prairie, Texas
Are you a business owner in Grand Prairie struggling to price your electricity accounts? Look no further! EnergyPricing.com is the solution you've been searching for. Say goodbye to countless phone calls and face-to-face meetings.
EnergyPricing.com is a platform that allows you to receive quotes from multiple electric companies in Grand Prairie, effortlessly. Using our proprietary technology, you can get instant quotes from your computer or smartphone, without any hassle. Our user-friendly platform is easy to navigate. Join our revolution today and experience the benefits of EnergyPricing.com!
- 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!
- 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.
- Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.
Ready to Start Pricing? Save Today!
During our thrilling adventure, we gained knowledge on electric rates in Grand Prairie. We talked about the deregulated energy market, shared tips on comparing energy companies, and even discussed how you can save money on electricity bills.
Take off your electricity usage in Grand Prairie today! Compare rates and find the optimal plan for your home or business. Click the Get Started Button below to start saving money on your electricity bills!
Frequently Asked Questions
Who has the best electricity rates in Grand Prairie?
As of August 25, 2023, Rhythm offers some of the cheapest electricity rates in Grand Prairie. Remember, rates change daily, so you can always compare prices on EnergyPricing.com to find the best deals.
Who is the local electric utility company in Grand Prairie?
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.
What is the electricity rate in Grand Prairie?
As of August 25, 2023, the current average 12-month Fixed Rate for residential customers in Grand Prairie is $0.1512 per 1,000 kWh. Remember, rates are constantly changing, so be sure to shop around for the best rates on EnergyPricing.com.