Lake Dallas Electricity Rates
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Available Lake Dallas Electric Providers
Last updated: August 30, 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 Rates and Find the Best Electric Company in Lake Dallas, TX
Are you overpaying for electricity in Lake Dallas? Looking to manage your energy costs effectively? You're in the right spot! This article serves as your comprehensive resource for discovering the top electricity rates available in Lake Dallas. We'll compare various providers and plans, helping you transition to a more budget-friendly energy solution. Prepare to power your home or business confidently, knowing you've made an intelligent choice for your energy requirements.
Short Summary
- Lake Dallas' 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 Lake Dallas' Deregulated Energy Market
In Lake Dallas, TX, residents enjoy the benefits of a deregulated energy market, allowing them to select their electricity providers. However, this also entails conducting thorough research and comparing rates, plans, and providers to secure the most advantageous deal.
Before delving into the electricity rates in Lake Dallas, it's crucial to consider factors such as the rate itself, contract duration, and any potential extra charges. Are you ready to learn more about the electricity rates in Lake Dallas? Let's get started!
Current Lake Dallas Electricity Rates
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Lake Dallas. Below are the current average Lake Dallas 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 30, 2023.
Compare Lake Dallas Energy Rates ⇩
Future Lake Dallas Electricity Rates Predictions
Interested in learning about future electricity prices in Lake Dallas? While it's impossible to predict with certainty, we can provide an estimated forecast by analyzing the energy futures market.
The Energy Future functions like the stock market, with traders buying and selling energy contracts based on their forecasts of future energy prices. It offers valuable insights into the electricity market in Lake Dallas, TX. Here is the latest chart for the energy future market in this area.

Comparing Lake Dallas Electric Providers
You have many options when comparing energy companies in Lake Dallas, TX. 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 Lake Dallas as easy as one, two, three.
Step 1: Enter Your Zip Code
This will direct you to all our available electricity plans in Lake Dallas TX.
Step 2: Compare Rates And Electric Providers in Lake Dallas TX
This is the fun part. Our easy-to-use interface allows you to compare all the electricity providers in Lake Dallas effortlessly.
Do you want to see how it works in real time? Watch the video below.
Factors to Consider When Choosing an Electric Company in Lake Dallas TX
Suppose you need assistance navigating the abundance of options while comparing Lake Dallas electricity providers; worry not! EnergyPricing.com is here to lend a hand. It is recommended to consider the following factors when comparing providers.
- Price - First and foremost, price is crucial when comparing Lake Dallas 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 Electric Company in Lake Dallas TX
Finding the top electricity company in Lake Dallas, TX, requires significant effort. However, we can trust the U.S. Energy Information Administration report, which ranks providers based on customer numbers. This ranking reveals the most popular energy companies in Lake Dallas.
- 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
If you're a Lake Dallas, TX resident, I would like to clarify that you shouldn't limit your options to the electricity providers mentioned earlier. Some of the most competitive deals in Lake Dallas, TX, have historically come from emerging suppliers willing to offer lower prices than the established players. At EnergyPricing.com, we have researched for you and only collaborate with reliable electricity providers so that you can rest assured.
Types of Lake Dallas Electricity Plans
If you're searching for the top energy plans in Lake Dallas but are still deciding which one to select, below you'll find details on the different plan types commonly available and the advantages they provide. This information will 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 (an 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 Lake Dallas TX
If you're seeking ways to lower your monthly electricity bill in Lake Dallas, TX, these tips will help you quickly find the best electricity plan.
- Look at the plan’s Electricity Facts Label: In Lake Dallas 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 Lake Dallas TX
To reduce your electricity bill in Lake Dallas, consider changing your electricity provider, investing in energy-efficient equipment, and being conscious of your energy consumption habits. By following these suggestions and gaining knowledge about providers and rates, you can save money on energy expenses.
Switch Electricity Providers
Did you know that electricity companies typically try and increase their profit margin on renewals? It's a dirty secret in the industry that I want to expose to you. Remembering to shop around and switch electric companies can save you a ton!
Invest in Energy Efficient Equipment
To reduce electricity expenses, consider purchasing energy-efficient appliances like LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. Please remember to unplug electronics when not in use, use power strips to turn off multiple devices simultaneously, and install motion sensors or timers to automatically switch off unnecessary lights.
Smart Usage Habits
Besides investing in energy-efficient measures, incorporating smart usage habits can assist in reducing your electricity bills. Small actions such as switching off lights and electronics when not in use, sealing air leaks in your home, and utilizing fans instead of air conditioning can minimize energy consumption and decrease monthly expenses.
Moving to Lake Dallas, Texas: What you Need to Know about Your Electric Bill
Are you planning to relocate to Lake Dallas, TX? If so, it's important to note that Lake Dallas operates in a deregulated electricity market. This lets you compare and select from various electricity providers and plans, ensuring you secure the most competitive rates.
Below is everything you need to know about how to set up your electricity bill in Lake Dallas.
Local Electric Utility Company in Lake Dallas
Oncor serves as the electricity company for the Lake Dallas area. They are responsible for delivering electricity from power plants to homes and businesses and maintaining the electrical infrastructure. If you happen to experience any power outages, you can contact Oncor instead of your Retail Electricity Provider.

Locate your ESID number
In Lake Dallas, 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 Energy service. If you need your ESID number, you can just contact your local utility company or use our ESID address lookup tool while enrolling on our website.
Retail Electricity Providers in Lake Dallas TX
You will choose from the Lake Dallas electric companies called Retail Electricity Providers (REPs). To set up your electric service, you can just enter your zip code below, select the REP you prefer, and let them know your move-in date. It's a simple process!
Compare Lake Dallas Electric Providers ⇩
Commercial Electric Rates in Lake Dallas Texas
We have the perfect solution if you're a business owner in Lake Dallas facing the challenge of determining pricing for your business electricity accounts. EnergyPricing.com is here to help, eliminating the need for endless phone calls and in-person meetings. Say goodbye to those forever!
EnergyPricing.com is a convenient platform that helps you effortlessly get quotes from different electric companies in Lake Dallas. Use our advanced technology to instantly receive quotes from your computer or smartphone with no hassle. Our platform is designed to be user-friendly and easy to use. Join us today 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 Lake Dallas 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!
Throughout our thrilling journey, we gained knowledge about the electric rates in Lake Dallas. We delved into the deregulated energy market, shared insights on comparing energy companies, and explored strategies to help you save money on your electricity bills.
Ready to manage your electricity usage in Lake Dallas? Begin comparing rates now to discover the best plan for your home or business. Enter your zip code to start saving money on electricity bills today!
Compare Lake Dallas Electricity Rates ⇩
Frequently Asked Questions
As of August 30, 2023, Rhythm offers some of the cheapest electricity rates in Lake Dallas. 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 30, 2023, the current average 12-month Fixed Rate for residential customers in Lake Dallas 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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