Compare Fort Worth electricity rates

In deregulated markets like Fort Worth, the utility company and energy provider are in charge of different tasks. The utility company in Fort Worth is responsible for transmission and distribution of electricity and restoring power when there is an outage. Unlike your energy provider options, you cannot choose your utility company, which is determined by where you live. In Fort Worth, the utility company is Oncor Electric.

Thanks to deregulation, you do have the power to choose your Fort Worth electricity provider. Energy providers generate electricity and sell it to consumers. There are a variety of reliable electricity providers in Fort Worth, including TXU Energy, 4Change Energy, and Direct Energy. Currently on the Choose Energy marketplace, there are electricity rates starting at just 7.5 cents per kilowatt-hour (kWh) from Frontier Utilities. 

Power outages in Fort Worth

Your utility company is responsible for maintaining power lines and restoring electricity when there is an outage. If there is a power outage in Fort Worth, you should contact Oncor Electric – not your energy provider – to report the outage and receive updates on when your electricity will be restored.

When you sign up for your Fort Worth electricity plan, not only will you get to choose your energy provider, but you can also choose from several types of plans. Here are some of the most common types of electricity plans that you will find during your search.

Fixed-rate plans

A fixed-rate energy plan allows you to enter into a contract with your electric company and lock in your rate for a period of time (usually between 12 and 36 months). With this type of plan, your energy rate will remain the same regardless of changes in the energy market. This means you will 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.

Variable-rate plans

A variable-rate electricity plan doesn’t lock in your energy rate. Instead, the rate you pay for power may fluctuate each month based on the wholesale energy market. You’ll experience price spikes during times of high energy demand, but could have a lower rate when demand is low. You also aren’t locked into a contract with your provider, so you can switch to another plan at any time.

Prepaid and no-deposit energy plans

Depending on your credit score, you may be required to pay a deposit when you sign up for your energy plan. However, some providers offer no-deposit energy plans for consumers who want to bypass paying a deposit. A prepaid energy plan is a popular type of no-deposit plan that allows you to pay for your electricity upfront. Prepaid plans ensure you only pay for the energy that you use.

Fort Worth green energy

Texas has invested heavily in green energy over the years, and those investments have paid off. The 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. Visit your plan’s Electricity Facts Label to find the exact amount. Some providers that specialize in providing only 100 percent green energy plans. These renewable energy companies include Gexa Energy, Green Mountain Energy, and Chariot Energy.

Fort Worth energy for business

Fort Worth business owners can also shop around for electricity rates to find an affordable commercial energy rate. The Choose Energy marketplace can help you build the right energy plan to meet your business’s needs. To get started, 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

Electricity rates can vary from one location to another. 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. This is primarily due to different utility transmission rates, which come from the utility company in your area. Enter your ZIP code above to ensure you are checking current Fort Worth electricity rates in your area.

Texas has a deregulated energy market, which means residents of Fort Worth and most of the state can choose their electricity provider from many available companies. The Choose Energy marketplace makes it easy to find and compare affordable energy plans from reliable electricity companies. It does not cost anything to use our marketplace and the electricity rates on our site are all-inclusive.

To get started, follow these three easy steps:

• Enter your ZIP code above to find the best energy rates and plans available near you.
• Choose a plan and sign up online. Our online sign up process only takes a few minutes to complete.
• Sit back and relax! Your new Fort Worth provider will complete the setup and you should not experience any interruption in your service.

Moving to Fort Worth?

Fort Worth is home to roughly 900,000 people and is part of one of the largest metropolitan areas in the state. If you’re moving to Fort Worth from another part of Texas, you may be able to keep your current electricity plan. If you’re moving from another state or your current electric company doesn’t serve the Fort Worth area, you’ll have to shop around for a new plan.

To begin comparing energy rates, enter your new Fort Worth ZIP code above. We’ll show you available electricity rates and plans that will work for your new home.

What is the cheapest electricity rate in Fort Worth?

The cheapest Fort Worth electric rate is currently 7.5 cents per kWh and is offered by Frontier Utilities. Keep in mind that electricity rates can change from day to day, so it’s important to check for the most current rates in your area. You can do that by entering your ZIP code at the top of this page.

What is the average electricity bill in Texas?

As of December, the average Texas electricity bill is about $138 per month. You can visit our guide to lowering your energy bill if you are interested in learning more about energy savings.

How can I compare Fort Worth electricity rates?

The Choose Energy marketplace makes it easy to compare electricity prices. To get started, just enter your ZIP code above. You’ll find a list of all the energy plans near you and can compare your options to find the best rate and plan for your home or business.

When is the best time to shop for a Fort Worth energy plan?

Electricity rates are often lowest in the spring and fall when demand is lowest, but tend to spike in the winter and summer. If you shop for an energy plan during seasons of low demand, you could secure a fixed-rate plan with a cheap rate.