Grapevine Electricity Rates
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Available Grapevine Electric Companies
Last updated: August 29, 2023

Author: Paul I. 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 get the best electricity rates and providers. In addition to his vast experience, Paul is a Certified Energy Manager (CEM) and Certified Energy Procurement Professional (CEP).
Compare and Find the Best Electric Providers in Grapevine TX in 2023
Looking for ways to manage your energy costs better in Grapevine? This article is your ultimate guide to finding the best electricity rates Grapevine has to offer, comparing providers and plans, and making the switch to a more wallet-friendly energy solution. Get ready to power your home or business confidently, knowing you've made the smart choice for your energy needs.
Short Summary
- Grapevine's deregulated energy market gives you the power to pick the perfect electricity plan for your needs.
- Don't just make a quick decision - compare features, weigh factors & shop around on EnergyPricing.com.
- Learn how to electrify your energy savings with some energy-saving tips!
Understanding Grapevine's Deregulated Energy Market
In Grapevine TX, the energy market is deregulated. This means that residents have the choice to select their own electricity provider. But, it also means that they must conduct research and compare rates, plans, and providers in order to find the most advantageous option. To begin exploring Grapevine's electricity rates, it's essential to keep in mind important details such as the rate, contract duration, and any extra fees. Are you ready to learn more about Grapevine's electricity rates? Let's get started!
Current Grapevine Electric Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Grapevine. Below are the current average Grapevine electricity rates offered by retail electricity providers. To access the latest rates, enter your zip code to get started.
- 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 29, 2023.
Future Grapevine Electric Rates Predictions
Do you want an estimated guess of the future electricity prices in Grapevine? We cannot predict exactly, but we can analyze the energy future market to give an estimate. The Energy Future market in Grapevine, TX is similar to the stock market, where traders base their decisions on predictions of future energy prices. The chart below provides the latest updates for this market.

Comparing Grapevine Electric Companies
When comparing energy companies in Grapevine TX, you have many options. Currently, there are more than 100 providers registered with the Public Utility Commission of Texas. That's a lot of choices! Luckily, EnergyPricing.com's easy-to-use interface makes comparing energy providers in Grapevine as easy as one, two, three.
Do you want to see how it works in real time? Watch the video below.
Factors to Consider When Choosing Electric Providers in Grapevine TX
In addition to the three steps we discussed earlier, also take into consideration the following factors when comparing providers.
- Price - First and foremost, price is crucial when comparing Grapevine energy companies. However, compare apples to apples when comparing providers’ rates. As we’ll learn later, some providers have promotional energy plans that may be misleading on price.
- Read Customer Reviews - To understand a company’s customer service, check out their reviews on Google. What are other customers saying about the service they’re getting? Look for red flags like poor communication, unresponsive customer service, and billing issues.
- Company Size - It’s also worth checking how many customers a company has. This could be an indication of their size and stability. A more significant customer base can mean more resources and better infrastructure to handle customer demands.
- How long have they been in Business? - Researching the history of a company can help you form an opinion on how reliable and trustworthy they are. You can find this information on their website or by reading reviews online. A company with a long history of providing reliable service is a good sign that they’re here to stay.
- Lastly, read the Contract - Don’t just quickly sign the electricity contract and hope for the best. Read the entire agreement carefully before committing yourself to any provider.
Best Grapevine Electric Company
It can be challenging to identify the best electric company in Grapevine TX. However, the U.S. Energy Information Administration's report lists the providers based on the number of customers they have. This ranking helps us to understand which energy companies in Grapevine are the most commonly used.
- 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
Source: U.S. Energy Information Administration (EIA), 2021 Utility Bundled Sales to Ultimate Customers- Total
As a Grapevine TX resident, please do not assume that you only have to consider the electricity providers I listed. In the past, some of the best deals in Grapevine TX have come from new suppliers who are willing to undercut the established companies. At EnergyPricing.com, we have researched and partnered with reputable energy providers to help simplify your choice and ensure quality service.
Types of Electricity Plans in Grapevine TX
If you're unsure about which energy plan to choose in Grapevine, here's some information on the most commonly offered plan types and their benefits to help you make an informed decision.
Fixed-Rates Plans
With a fixed-rate plan, your electricity rate is locked in for the duration of your contract. This means that you’ll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of fluctuations in the energy market. Fixed-rate plans are popular for those who want budget certainty and stability.
Variable-Rate Plans
Unlike a fixed-rate plan, a variable-rate plan (also known as Indexed Plan) can fluctuate with the energy market. This means your energy bill may be higher or lower depending on the current market conditions. A Variable-rate plan can be a good option for those who don’t mind occasional rate changes and prefer flexibility.
100% Green Energy Plans
If you prioritize environmentally friendly energy sources and don’t mind spending a little extra, a 100% Green Energy Plan is an excellent option. It’s worth noting that the electricity flowing through your power lines won’t typically be 100% Green Energy, even with this plan. Instead, most electric providers offset your property’s annual kWh usage by purchasing Renewable Energy Credits (RECs). These RECs are generally generated through solar or wind renewable energy sources.
Promotional Energy Plans
Promotional energy plans are popular among electricity consumers, as they offer lower rates or unique billing structures that can save customers money. Some of the most popular are free weekend plans or Monthly usage bill credit plans that provide credits for staying under a certain energy usage threshold. However, customers need to be cautious when choosing a promotional energy plan. It’s essential to thoroughly read the energy prover's Electricity Facts Label (EFL) to understand the price you will pay and any fine print details that may affect your overall cost.
Tips for Comparing Energy Plans in Grapevine TX
Do you want to find the best electricity plan to reduce your monthly bill in Grapevine TX? These tips can assist you in achieving your goal.
- Look at the plan’s Electricity Facts Label: In Grapevine TX, every residential electricity plan has to have an Electricity Facts Label (EFL). Think of it as a nutrition label found on many food products. This EFL will contain essential information such as the plan’s average electric rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate apples-to-apples comparison and look at the EFL!
- Compare plans based on your actual kWh electricity usage range: It’s essential to compare electricity plans based on your particular kWh monthly energy usage. For instance, if you live in an apartment and use about 500 kWh every month, it doesn’t help to look at plans designed for 2,000 kWh. It’s important to consider how much electricity you use on average and choose a plan tailored to your specific energy needs. This becomes increasingly crucial when looking at promotional plans like Usage Bill Credits.
- Note any additional fees: It’s not just about the electricity rate when comparing electricity plans. It’s essential to look at the entire picture, including any additional costs associated with the plan. These can include monthly service fees, renewable energy surcharges, or 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 who prioritize environmentally-friendly energy sources. While these green energy plans often cost slightly more than traditional plans, many customers find the added expense worthwhile.
- Factor in Contract Length: When choosing an electricity plan, it’s essential to consider the contract length. Fixed-rate plans typically have contract lengths ranging from 6 months to 3 years, while variable-rate plans may have no set contract period. Understanding any early termination fees associated with a plan is essential, as switching plans before the contract is up can result in penalties.
Saving Money on Your Electricity Bill in Grapevine TX
Switch Electricity Providers
Invest in Energy Efficient Equipment
Smart Usage Habits
Moving to Grapevine, Texas: What you Need to Know about Your Electric Bill
Local Electric Utility Company in Grapevine
If you experience a power outage in the Grapevine area, please contact Oncor. They are your electricity company and are responsible for delivering electricity from power plants to your home or business and maintaining the electrical infrastructure. Remember, your Retail Electricity Provider is not the point of contact for power outages.

Locate your ESID number
To start your Energy service in Grapevine, you need to provide the unique identifier of your electricity meter called an Electric Service identifier (ESI ID) number. You can find this number by contacting your local utility company or by searching for it through our ESID address lookup tool on our website while enrolling.
Retail Electric Providers in Grapevine TX
You can choose from various Retail Electricity Providers (REPs) to get your electric service in Grapevine. Just enter your zip code below, select your preferred REP, and inform them about your move-in date to set up the service easily.
Commercial Grapevine Electricity Rates
Are you a business owner in Grapevine who struggles with pricing your electricity accounts? We have a solution that can make the process easier and less time-consuming for you - EnergyPricing.com. Say goodbye to the hassle of endless phone calls and in-person meetings.
EnergyPricing.com is a user-friendly platform that uses proprietary technology to help you get quotes from multiple electric companies in Grapevine instantly and without difficulty. Whether you use your smartphone or computer, our platform makes it hassle-free to receive quotes. Join our revolution now and experience the benefits of EnergyPricing.com.
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Grapevine electric companies. 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 providers compensate us. Due to our automated online pricing process, we can offer some of the lowest business electricity rates in the market.
- Expert Advice: Unsure of which plan or provider to go with? No problem! You will have access to an industry expert that can help you throughout the pricing process.
Ready to Start Pricing? Save Today!
Frequently Asked Questions
As of August 29, 2023, Rhythm offers some of the cheapest electricity rates in Grapevine. Remember, rates change daily, so you can always compare prices on EnergyPricing.com to find the best deals.
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.
As of August 29, 2023, the current average 12-month Fixed Rate for residential customers in Grapevine 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.
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