Electricity Rates in Mansfield, TX
Last Updated: September 19, 2023
Author: Paul I. Rhoads, CEM, CEP
Compare Electric Companies in Mansfield TX and Find the Best Prices in 2023
If you're looking for low electricity rates in Mansfield TX, you've landed on the right page! Our guide will help you find the best electricity rates, compare providers and plans, and make the switch to a more budget-friendly energy solution. With our help, you can power your home or business with confidence, knowing you've made a smart choice for your energy needs.
Understanding Mansfield's Deregulated Electricity Market
Residents of Mansfield, TX have the freedom to choose their electricity providers since it is a deregulated energy market. However, this means that they must put in the effort to compare rates, plans, and providers to secure the best deal.
While exploring Mansfield electricity rates, there are some important details to consider such as the rate, contract length, and additional fees. Ready to learn more? Let's get started!
Current Electricity Rates in Mansfield TX
Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Mansfield. Below are the current average Mansfield 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 Mansfield Electric Rate Predictions
Are you interested in finding out about the future electricity prices in Mansfield Texas? While it's impossible to predict with complete certainty, we can estimate by analyzing the energy market trends.
The Energy Future functions like the stock market, with traders buying and selling energy contracts based on their predictions of future energy prices. In essence, it provides valuable insights into the electricity market in Mansfield, TX. Here's the latest chart for the energy future market in this region.
Source: ERCOT North 345 KV Hub D-A 5 MW Peak
Comparing Electricity Providers in Mansfield TX
Finding the best electricity rates in Mansfield doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing rates is a breeze!
Compare Electric Rates in Mansfield 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.
Would you like to see how it works in real-time? Watch the video below to learn how shop online with EnergyPricing.com.
Factors to Consider When Shopping Electric Companies in Mansfield TX
When shopping for electricity providers in Mansfield, 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 Mansfield TX
Finding the top electric company in Mansfield TX requires significant effort, but we can consult the U.S Energy Information Administration's report that ranks providers based on customer numbers. Here are the most popular energy companies in Texas.
- 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
Dear Mansfield TX residents, I want to ensure that you don't limit your options to the electricity providers I mentioned earlier. In fact, some of the more competitive rates in Mansfield TX have come from new and upcoming suppliers who are willing to undercut the established players. At EnergyPricing.com, we've done the hard work for you and only collaborate with reliable electricity providers.
Types of Electricity Plans in Mansfield TX
Unsure which Mansfield energy plan is right for you? Learn about the most common plan types and their benefits, so you can 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 Mansfield TX
Looking to decrease your monthly utility bill in Mansfield TX? These tips can assist you in finding the best electricity plan with ease.
- 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 Mansfield TX
Lowering your Mansfield utility bill is possible 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 Mansfield, Texas: What you Need to Know about Your Electric Bill
If you're planning to move to Mansfield, TX, know that it's in a deregulated electricity market. This gives you the freedom to compare and choose from various Texas electricity companies and plans, allowing you to get the best rate possible.
Below is everything you need to know about how to set up your electricity bill in Mansfield.
Local Electric Utility Company in Mansfield
Oncor is the electricity company for the Mansfield 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, not your Retail Electricity Provider.
Locate your ESID number
Every electricity meter in Mansfield has an Electric Service Identifier (ESI ID) number, which is a unique identifier required by energy companies when setting up your energy service. If you don't know your ESID number, you can get it by contacting your local utility company or using our ESID address lookup tool during enrollment on our website.
Retail Electricity Providers in Mansfield TX
The Mansfield 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 Mansfield, Texas
Are you a business owner in Mansfield searching for the right energy plan? EnergyPricing.com is a practical platform that allows you to receive quotes from multiple electric companies right to your computer or smartphone. Our user-friendly technology makes navigation a breeze. Join the 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!
You should now have a thorough understanding of electric rates in Mansfield. We conversed about the deregulated energy market, provided advice for comparing energy companies, and even touched on some ways to reduce your energy costs.
Are you ready to start seeing the savings? Click the button below to begin today!
Frequently Asked Questions
Who has the best electricity rates in Mansfield?
As of August 25, 2023, Rhythm offers some of the cheapest electricity rates in Mansfield. 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 Mansfield?
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 Mansfield?
As of August 25, 2023, the current average 12-month Fixed Rate for residential customers in Mansfield 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.