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Addison energy rates

Addison is a town of just over 15,000 people, located outside of Dallas. Although it’s a relatively small suburb, Addison is well-known for its restaurants, bars, and clubs, attracting locals from the greater Dallas-Fort Worth metroplex. It’s also home to popular attractions such as the Cavanaugh Flight Museum, Vitruvian Park, and the Mary Kay Museum.

If you live in Addison, you’re part of the deregulated Texas energy market. As such, you’re able to choose the company from which you buy electricity, helping you identify the lowest Addison electricity rates. In Texas, companies that sell electricity are called retail electric providers (REPs), and each offers different electricity plans for residents and business owners.

With so many plans, providers and rates to choose from, you might be wondering: what is the best electric company near me? At Choose Energy, we can help you find the best Addison electricity rates and Addison electricity providers for your needs.

Get started with Choose Energy today. Enter your ZIP code below to compare electric rates Addison and find the best one for you.

Energy deregulation in Addison

In many parts of Texas, including Addison, the deregulation of energy began in 2002. Instead of residents and business owners buying energy from their utility company, they gained the power to choose a particular REP that best suits their household or commercial energy needs.

As a result, Addison electricity providers can compete to earn energy consumers’ business — which has been beneficial to many Texas households and businesses. In the Lone Star State, residential electricity rates are 10 percent lower than the national average, and commercial electricity rates are nearly 23 percent lower than the national average.

With Choose Energy, you can shop around for the best electricity rates Addison. Our marketplace displays cheap electricity Addison from a number of providers, allowing you to pick and sign up for a new plan — all in one place.

As you explore the Choose Energy marketplace to find the best Addison electricity rates, you might see options for prepaid electricity plans, no-deposit plans, and renewable energy plans. If you have questions, you might be able to find the answers in one of these resources:

Addison utility companies & energy providers

There’s a bit more you should know about the Texas energy market and how it operates today. Before deregulation began, electric customers purchased energy directly from their utility company. These days, the utility company is in charge of delivering electricity and keeping power lines in working order. In turn, energy customers now buy their power from an REP.

In Addison, your utility company is Oncor Electric Delivery. Unlike your electricity provider, you can’t choose your own utility company. Oncor Electric Delivery is the company you should contact in the event of a power outage (since they maintain the power lines in your area).

If you’re curious about Addison electricity providers that supply electricity in your area, enter your ZIP code on this page. From there, you’ll see the best electricity rates Addison and learn more about providers near you, such as TXU Energy, 4Change Energy and Constellation Energy

Addison renewable energy

Every Texas energy plan includes a percentage of renewable energy. But if you’re actively trying to minimize your environmental impact, you might be interested in signing up for an energy plan powered by all-green electricity. You’ll find several Addison electricity providers that offer these eco-friendly plans, including Gexa Energy, Green Mountain Energy and Iberdrola Texas.

In most cases, signing up for a renewable energy plan means that your provider will purchase credits from green energy resources to offset your energy consumption. Often, these credits come in the form of carbon offsets or renewable energy credits (RECs). In turn, these credits feed into the power grid.

Under most renewable energy plans, your home won’t be powered directly from renewable sources, unless you have them on your property. For example, to power your home with solar power, you would need to have a direct feed from solar panels.

You can explore renewable energy plans and compare electric rates Addison by entering your ZIP code above.

Addison energy for business

Do you own a business in Addison? If so, you’re also eligible to lock in cheap electricity Addison. With Choose Energy, you can find a plan that’s right for your business and sign up in just a few steps. Learn more about building a custom energy plan for your business by calling an energy expert at 877-288-0613. You can also fill out our online form to receive a free quote.

Updated: 10/2/2020