When you sign up for your Fort Worth electricity plan, you can choose your electric company and your plan type. Here are some of the most common types of electricity plans you’ll find during your search.
A fixed-rate energy plan establishes a contract with your electric company and secures your rate, usually for 12, 24, or 36 months. With this type of plan, your energy rate will remain the same throughout the contract period, regardless of changes in the energy market. This way, you’ll be protected from price spikes during times of high energy demand.
Fixed-rate plans are ideal for consumers who value stability and predictability in their energy bills. However, they usually include early termination fees (ETFs) if you cancel your contract early.
Under a variable-rate plan, your energy rate can fluctuate each month based on the wholesale cost of electricity. You could experience price spikes when energy demand is high but have a lower rate when demand drops.
You also won’t be tied to a contract, so you can switch to another plan or provider at any time. These plans are ideal for customers who value flexibility or plan on moving soon.
Prepaid and no-deposit plans
If you have a low credit score, you may have to pay a deposit when you sign up for your energy plan. However, some energy companies in Fort Worth offer no-deposit energy plans for consumers who want to avoid this step. A prepaid energy plan is a popular type of no-deposit plan that allows you to pay for your electricity upfront and replenish your balance as needed.
To check the types of energy plans available in your area, enter your ZIP code.
Fort Worth green energy
Texas has invested heavily in green energy over the years, and those investments have paid off. The Lone Star State ranks first in the nation for wind energy generation and second for solar energy generation. As a result, it’s easy for Fort Worth residents to find affordable green energy electricity plans.
Each electricity plan in Texas includes a percentage of green energy from solar, wind, or other renewable sources. Each plan’s Electricity Facts Label notes the exact amount of renewable content included in the plan. Some electricity companies in Fort Worth also specialize in providing 100% green energy plans. These options are available from Gexa Energy and Green Mountain Energy.
On the Choose Energy marketplace, you’ll find a variety of affordable green energy plans available in Fort Worth. These Fort Worth electricity rates can change daily. Enter your ZIP code and filter by green plans to find your area’s most accurate green energy prices.
Fort Worth energy for business
Business owners can also shop for the best electricity rates in Fort Worth to find an affordable commercial energy plan. The team of experts at Choose Energy can help you build the right energy plan to meet your business’s needs. Visit our business energy page to learn more about commercial energy and receive a customized business energy quote.
Fort Worth electric rates in my area
Because utilities charge different rates to transmit electricity to different areas, electricity rates can vary depending on where you live. The rate someone pays in one part of Texas could be entirely different from what you pay in Fort Worth, even for the same plan. That’s why it’s important to shop for electricity rates in your area when you sign up for a plan. Enter your ZIP code to ensure you are comparing Fort Worth electricity rates near you.