When you shop for a Fort Worth energy provider, you’ll come across several types of electricity plans. Here are some of the most common types 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. One drawback is that if you decide to cancel your plan before the contract expires, you’ll likely have to pay an early termination fee.
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 lower credit score, you may have to pay a deposit when you sign up for your energy plan. You can avoid a deposit by choosing a no-deposit energy plan. 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, Fort Worth residents have many choices if they’re looking for affordable green energy 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 tailor an energy plan to suit your operation’s requirements. 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.