Today’s cheapest Lewisville electricity rates
Average Lewisville electric rates
- The current average Lewisville electricity rate on our marketplace for 1,000 kilowatt-hours (kWh) is 13.87 cents per kWh. This rate is 8.93% lower than the Texas average and 20.61% lower than the national average.
- The average Texas electricity rate is 15.23 cents per kWh, based on the latest Energy Information Administration (EIA) data. This rate is about 13% lower than the U.S. average (17.47 cents per kWh).
- The average monthly electric bill in Lewisville is $158.95, based on the average monthly energy consumption in Texas of 1,146 kWh.
- The commercial Texas electricity rate is 8.9 cents per kWh (about 37% lower than the national average of 13.63 cents per kWh).
How to choose your power in Lewisville
When you live in an area with a deregulated energy market, such as Lewisville, you have the power to choose your electricity plan. That means you can shop around and compare energy plans to find the best electricity rates in Lewisville. Electricity companies compete for your business by offering cheaper rates and more plan choices, making it easier to choose the right Lewisville electricity providers for your home or business.
Choose Energy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
Lewisville energy companies with the cheapest rates
There are many energy companies in Lewisville offering plans for residential electricity. These include:
- 4Change Energy: Known for high customer satisfaction and low rates
- Constellation Energy: Offers bill credits and protection plans for HVAC systems
- Express Energy: Offers simple and straightforward fixed-rate plans
- Gexa Energy: Known for its affordable, 100% renewable plans
- TriEagle Energy: Offers a variety of fixed-rate term lengths
Unlike your electricity provider, your utility company in Lewisville is assigned by address and cannot be changed. If you experience an outage, contact your utility company, not your energy provider. In Lewisville, this will either be Oncor Electric Delivery or Texas-New Mexico Power (TNMP), depending on your ZIP code. If you’re unsure which utility is yours, check a past electric bill.
Here’s how to contact each utility in the event of an outage or other electrical emergency:
Oncor Electric Delivery
- Call 1-888-313-4747
- Text “OUT” to 66267
- Visit the online portal
Texas-New Mexico Power
- Call 1-888-866-7456
- Visit the outage center
Factors to consider when choosing an electricity plan
To find the best electricity plans in Lewisville for your energy needs, you’ll want to know what to look for in an energy plan. Things to keep in mind include:
Fixed vs. variable rates:
Fixed-rate plans come with a contract that keeps your electricity rate per kWh the same throughout the duration of your plan, though you’ll likely pay an early termination fee (ETF) if you cancel before your contract is up. Variable-rate plans fluctuate depending on the energy market, so your rate may spike unexpectedly if prices rise. You do, however, have the flexibility to cancel or switch plans if you need with no penalty.
Plan length:
Consider how long of a plan will work best for your household. Most fixed-rate plans range between 12 and 36 months, while variable-rate plans are month-to-month.
Same-day energy deadlines:
While many electricity providers have same-day services for last-minute sign-ups, you may need to activate the plan within certain timeframes. Give our team a call at the number on your screen to learn more about same-day electricity setup.
Renewable energy options:
All Texas electricity plans include some portion of renewable energy. If you’re interested in reducing your carbon footprint even more, some providers offer 100% green energy plans derived from wind or solar energy.
Electricity Facts Label (EFL):
The EFL is an important document that details everything you need to know about a given electricity plan, from the terms to any hidden fees. Be sure to review a plan’s EFL carefully before signing up.
Your usage needs:
Energy rates for most plans are based on an assumed energy consumption of 1,000 kWh per month. For households that consume less or more than that baseline, you could find yourself paying a different rate, so be sure to calculate your monthly energy consumption and plan accordingly.
Connect with a business energy agent
If you own a business in Lewisville, you can choose a commercial energy plan designed specifically for your operations. Fill out our business energy form or call the number on your screen to connect with an energy expert about customizing a commercial energy plan for your company.
How to compare electricity rates in Lewisville with Choose Energy
Energy rates vary depending on several factors, including location and utility transmission fees, meaning you could pay a different rate than someone in another city with the same plan. Keep in mind that these fees are separate from your actual electricity rate. By entering your ZIP code on Choose Energy, you can find the most accurate rates in Lewisville. Here’s how works:
- Enter your ZIP code: We’ll provide you with a list of available plans in your area. Use the filters to narrow down your results for your personal preferences.
- Sign up: Once you’ve found a plan you like, follow the prompts to sign up online in just a few minutes. Alternatively, you can give our team a call to sign up over the phone.
- Let your provider handle the setup: Your work is done. Your provider will work with your utility to set up your new plan with no interruptions to your service.
Moving to Lewisville?
If you’re moving to Lewisville, you can take your current plan with you if the provider serves your new area. If not, enter your new ZIP code on our marketplace to find the best plan. Let your current provider know you’re moving before you relocate so you have ample time to switch over your electricity service.
You won’t incur an ETF if you cancel your current plan because you are moving. If you’re dissatisfied with your current provider or your energy needs have changed, switching providers is also easy to do using our marketplace.
Frequently asked questions about Lewisville energy
Who has the cheapest electricity rates in Lewisville?
Currently, the cheapest plan in Lewisville is offered by APG&E. Keep in mind that rates change frequently, so it’s best to check for the most accurate rates before signing up. Enter your ZIP code on the Choose Energy marketplace to find the most up-to-date rates.
What is the average electric bill in Texas?
Based on the latest available data from the Energy Information Administration (EIA), the average electricity bill in Texas is currently $174.53. We calculated this using the average residential energy rate in Texas (15.23 cents per kWh) and the state’s typical monthly usage (1,146 kWh).
When is the best time to shop for a Lewisville energy plan?
Energy demand typically peaks in Texas during the summer and winter, when temperatures are either very hot or very cold. In the spring and fall, demand usually drops due to milder weather, so you’re likely to find the cheapest prices during these times of lower demand.
How can I lower my electricity bill in Lewisville?
You can lower your electricity bill by monitoring your energy usage with an app to identify areas to cut consumption. Other methods include buying energy-efficient appliances and turning off unused lights and devices. You can also consider shopping for a new energy plan with a lower rate using the Choose Energy marketplace.
Why is electricity so high in Lewisville?
Even though Texas electricity rates are lower than the national average, Texans often find themselves paying more per month overall. These higher monthly averages are due to higher usage levels from extreme temperatures, typically in the summer.