Texas deregulated its energy market roughly two decades ago, and since then, residents of Euless have had the ability to choose their electricity provider. You’ll find that there are many providers to choose from in Euless, with popular choices including TXU Energy, 4Change Energy, and Direct Energy. Currently, Euless residents have rates available as low as 6.7 cents per kWh.
No matter what electricity provider you choose, your utility company will still deliver the power to your home and maintain the electricity infrastructure. You can’t choose your own utility company — it’s based on your location. The utility company for Euless residents is Oncor Electric Delivery. If you experience a power outage or notice downed power lines, you should contact Oncor.
Types of electricity plans in Euless
When you sign up for your Euless electricity plan, you’ll have several options to choose from. Popular types of electricity plans include:
- Fixed-rate plan: When you sign up for a fixed-rate electricity plan, you lock in your monthly rate for your entire contract. Contracts typically range from 12-36 months, and during that time, your rate won’t fluctuate with the electricity market. The good news is that you aren’t vulnerable to price hikes, but you can’t enjoy energy savings during times of low energy rates.
- Variable-rate plan: Unlike a fixed-rate plan, a variable-rate electricity plan doesn’t have a contract and doesn’t allow you to lock in a rate. Instead, the rate you pay each month is based on the current wholesale electricity rate, and it can fluctuate from one month to the next. You’ll see your bill increase during times of high energy demand, but decrease when demand is low.
- No-deposit plan: Electricity providers often require customers to pay a deposit unless they have a good credit score. Some companies allow customers to avoid paying a deposit — this is known as a no-deposit electricity plan. One type of no-deposit plan is a prepaid energy plan, where customers pre-pay for their electricity.
Euless green energy
Texas has invested significantly in renewable energy, and as a result, the state is one of the largest green energy producers in the nation. It ranks first in the country for wind energy generation and second for solar energy generation.
Thanks to the state’s investment in green energy, it’s easy for Euless residents to find affordable renewable energy electricity plans. Each electricity plan in Texas includes some portion of renewable energy — you can find the exact amount in your plan’s Electricity Facts Label. Some companies also specialize in renewable energy and only offer 100 percent green energy plans. Those providers are Gexa Energy, Green Mountain Energy, and Chariot Energy.
Are you interested in learning more about green energy in Euless? Enter your ZIP code and you can explore a list of providers in your area that offer green energy plans.
Euless energy for business
It’s not just residential consumers who can enjoy Texas’s deregulated energy market. Euless businesses can also choose their own electricity providers. If you’re a business owner in Euless, visit our business energy page to learn more about commercial energy plans and get a quote for your Euless business.
Euless electric rates in my area
The cost of electricity can vary depending on where you live, primarily because of different utility transmission charges. The rate you pay in Euless could be entirely different from what someone pays in another part of the state, even for the same plan. To ensure you are viewing an accurate electric rate in your area, enter your ZIP code above. You’ll be able to compare electricity rates and plans currently available near you.
Moving to Euless?
Are you moving to Euless? The city is a suburb of Dallas and Fort Worth, meaning residents get to enjoy one of the largest metropolitan areas of the state. Not only that, but Euless has its own share of fun activities throughout the year.
Depending on where you’re moving from, you might be able to keep your current electricity plan. But if you’re moving from another state or your current provider doesn’t serve Euless, then you will need to shop for a new plan. Enter your ZIP code above to find a list of the electricity rates and plans available in Euless today.