Thanks to energy deregulation in Texas, you can choose your own electricity provider in Fort Worth. The provider you choose will supply the electricity that powers your home. Fort Worth residents have many electric companies to choose from, with rates starting at just 6.7 cents per kWh. Some of the top providers in Fort Worth include TXU Energy, 4Change Energy, and Direct Energy.
While you can choose your own energy provider, you can’t choose your utility company. Your utility company is determined by where you live. In Fort Worth, the utility is Oncor Electric Delivery. Oncor will deliver the electricity the provider supplies, maintain the local electric infrastructure, and restore power in the event of an outage.
Types of electricity plans in Fort Worth
When you sign up for your Fort Worth electricity plan, not only will you get to choose your provider, but you can also choose from several types of plans. Here are some of the popular types of electricity plans that you may find on the Choose Energy marketplace:
- Fixed-rate plan: 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 12+ months. With this type of plan, you aren’t vulnerable to spikes in electricity prices, but also won’t experience savings on your bill when electricity prices are low. Fixed-rate plans are ideal for consumers who want stability and predictability in their energy bills.
- Variable-rate plan: A variable-rate electricity plan doesn’t have a locked-in rate. Instead, your rate may fluctuate each month based on the wholesale energy market. You’ll experience price spikes during times of high energy demand, but savings when demand is low. You also aren’t locked into a contract with your provider.
- No-deposit energy plan: Depending on your credit score, you may be required to pay a deposit when you sign up for your energy plan. Luckily, some providers offer no-deposit energy plans where you don’t have to pay a deposit or go through a credit check. A prepaid energy plan is a type of no-deposit plan that allows you to pay for your electricity upfront.
Enter your ZIP code at the top of the screen to check the different types of electricity plans in Fort Worth.
Fort Worth green energy
Texas has invested heavily in green renewable 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. There are also some providers that specialize in providing only 100 percent green energy plans. Those energy companies include Gexa Energy, Green Mountain Energy, and Chariot Energy.
Fort Worth energy for business
Are you a business owner in Fort Worth? You can also shop around for electricity to find a more affordable plan or a provider that meets your needs. To get started, visit our business energy page to learn more about commercial energy and get a customized 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. Enter your ZIP code above to ensure you are viewing current and accurate electricity rates in your area.
Moving to Fort Worth?
Are you moving to Fort Worth? The city is home to roughly 900,000 people and a 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 get started, enter your new Fort Worth ZIP code above to explore electricity rates and plans available in your new area.