When you sign up with an energy provider, you’ll also be able to choose the type of plan you want. Below are some of the most popular types of energy plans in Texas:
Fixed-rate plans
When you sign up for a fixed-rate energy plan, you lock into a contract for 12-36 months. Your energy rate is locked in during that time and won’t fluctuate with the market. You’ll see more stability in your budget, but keep in mind you’ll pay an early termination fee (ETF) if you end your plan early.
Variable-rate plans
A variable-rate plan has a rate that’s determined each month by the current wholesale energy market. Some months you’ll see your rate increase, while other months you’ll save money. However, you can switch providers at any time since there is no contract.
No-deposit plans
Depending on your credit score, you may be required to pay a deposit for your new energy plan. Some providers offer no-deposit plans that don’t require a deposit. A prepaid energy plan is a type of no-deposit plan where you pay for your electricity upfront.
Grand Prairie green energy
The Lone Star state generates a large amount of renewable energy. Texas produces the most electricity from wind energy and is also among the top five states for electricity generated from solar energy.
Each electricity plan in Texas contains at least some renewable energy. You can find the exact percentage on your plan’s electricity facts label (EFL). Certain providers offer 100% green plans, such as Green Mountain Energy and Gexa Energy.
Grand Prairie green energy rates currently start at just 7.5 cents per kWh. Enter your ZIP code above to find green energy plans near you.
Grand Prairie energy for business
With deregulation, businesses in Grand Prairie also have the power to choose their electricity provider. The Choose Energy marketplace helps you receive customized energy solutions for your company. To get started, fill out our business energy form or call the number on your screen.
Grand Prairie electric rates in my area
When you shop for electricity rates, you might notice that rates change from city to city, even for the same plan and provider. That’s because electricity rates include utility transmission charges, which vary according to the utility that serves your area. For that reason, you should search for electricity rates in your area. Visit the Choose Energy marketplace and type in your ZIP code to compare electric rates in Grand Prairie today.
Moving to Grand Prairie?
Grand Prairie is a city of nearly 200,000 people located in the Dallas-Fort Worth metropolitan area. Grand Prairie benefits from everything the state’s largest metropolitan area has to offer.
If you’re moving to Grand Prairie, you may be able to bring your current provider with you. Simply call your provider two weeks before you move to set up service with your new utility company. However, if you’re new to deregulation or looking to switch providers, our marketplace can help. To get started, enter your new Grand Prairie ZIP code above to explore plans from the best electric companies near you. Currently, Grand Prairie electricity rates start at just 7.4 cents per kWh.