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Last Updated: January 31, 2024

Author: Paul I. Rhoads, CEM, CEP


Compare the Best Lewisville Electricity Rates in 2024

If you're in Lewisville and are searching for a better electric plan, look no further. This article is your ultimate guide to finding the best energy rate, comparing providers and plans, and switching to a more wallet-friendly solution. Power your home or business confidently and make the smart choice for your energy needs. 

Understanding Lewisville's Deregulated Energy Market

In Texas, the energy market is deregulated, which gives Lewisville residents the freedom to pick their energy providers. To do this, they need to research and compare rates, plans, and providers to get the best deal.

To ensure you are fully informed about Lewisville electricity rates, it's important to take into account details such as the rate, contract length, and any additional fees. Are you ready to learn more about Lewisville's electricity rates? Let's get started! 

Comparing Electric Companies in Lewisville TX

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

Compare Electric Rates in Lewisville 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 Company in Lewisville TX

When shopping for electricity providers in Lewisville, 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 Lewisville TX

It can be difficult to find the best electric company in Lewisville TX. However, the report from the U.S. Energy Information Administration that ranks providers based on the number of customers they have provides insight into the most popular energy companies in the area.

  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

Lewisville residents don't have to choose from only the energy providers I mentioned earlier. Actually, some of the Lewisville energy plans historically come from new and upcoming suppliers who are willing to undercut the established players. At EnergyPricing.com, we've done the research to ensure that we work only with reputable energy providers that provide great deals.

Types of Electricity Plans in Lewisville TX

Looking for the best energy plans in Lewisville can be overwhelming. To make an informed decision, here's info on commonly-offered 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 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 Lewisville TX

If you're seeking ways to lower your monthly bill in Lewisville TX, follow these tips:

  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 Energy Bill in Lewisville TX

Lowering your energy bill in Lewisville can be achieved by shopping for better rates, investing in energy-efficient equipment, and being 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 Lewisville, Texas: What you Need to Know about Your Electric Bill

If you're moving to Lewisville, TX, know that it's in a deregulated electricity market. You can take advantage of this if you compare electric rates from the various suppliers and find the best rate available. 

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

Local Electric Utility Company in Lewisville

Oncor and TNMP are the utility companies for the Lewisville 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 or TNMP, not your Retail Electricity Provider.

Locate your ESID number

Electricity meters in Lewisville have a unique identifier called an Electric Service identifier (ESI ID) number, which you need to provide to the companies when setting up your Energy service. If you require your ESID number, you can get in touch with your local utility company or use our ESID address lookup tool while enrolling on our website. 

Retail Electricity Providers in Lewisville TX

The Lewisville 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 Lewisville, Texas

Are you a business owner in Lewisville looking for a commercial electricity plan? EnergyPricing.com has the solution! With our proprietary technology, you can instantly receive quotes from multiple suppliers to your computer or smartphone with ease. Say goodbye to countless phone calls and face-to-face meetings.

  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.

Ready to Start Pricing? Save Today!

We learned plenty about electric rates in Lewisville during our exciting adventure today. We discussed the deregulated energy market, shared tips for comparing energy companies, and provided strategies to help you save money on your energy bills.

Are you ready to take control of your electricity usage in Lewisville? Find the optimal plan for your home or business today. Click the button below to begin the process. 

Girl holding a laptop and saying easily comparing rates, click hereGirl holding a laptop and saying easily comparing rates, click here