Compare Lewisville Electricity Plans and Rates

When you live in an area that has a deregulated energy market such as Lewisville, you have the power of choice in your electricity plan. You’re free to shop for the best electric company in Lewisville, TX, to find the best plan for your energy needs. Best of all, the electricity companies compete for your business by offering more affordable rates and more plan choices.

Choose Energy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

Many cities in Texas operate under a deregulated energy market. Energy deregulation means utility companies and energy providers have different responsibilities. Utility companies deliver power to your home or business and maintain the power grid. They also repair the electrical infrastructure during outages or other issues. You can’t choose your utility company as it strictly depends on where you live. Lewisville, Texas, has two utilities servicing the area: Oncor Electric Delivery and Texas-New Mexico Power. Your ZIP code will determine which utility serves you.

Energy providers, meanwhile, sell power to energy customers across Texas and manage energy plan billing. Unlike your utility company, you have the power to choose your energy provider. Residents can explore a wide range of Lewisville electric companies, known as retail electricity providers (REPs) in the Texas energy market. Some reputable REPs serving Lewisville include Frontier Utilities, Express Energy, 4Change Energy, and TXU Energy.  

Enter your ZIP code to compare Lewisville electricity rates from energy providers near you on the Choose Energy marketplace.

Power outages in Lewisville

No one likes it when the power goes out, and it’s even worse when you don’t know who to call. If you experience a power outage, you should contact your utility company, not your energy provider. Your utility company in Lewisville may be Oncor Electric Delivery or  Texas-New Mexico Power, depending on your ZIP code.

• Oncor Electric Delivery: Report an outage by phone at 1-888-313-4747, via their online portal, or by texting OUT to 66267.
• Texas-New Mexico Power: Report an outage or electrical hazard by phone at 1-888-866-7456.

When you shop for electricity plans in Lewisville, you’ll encounter different types of plans. Here’s a look at the most common: 

• Fixed rate: With a fixed-rate plan, you’ll lock in your electric rate for the duration of your contract. It doesn’t mean your bill couldn’t spike from an increase in utility transmission fees or other charges, but your rate won’t change either, making budgeting more predictable. If you decide to cancel your plan before the end of your term, you may have to pay an early termination fee (ETF). 
• Variable rate: Variable-rate plans give you the flexibility of securing a lower rate when energy demand decreases, though your rates may rise during other months when the price of energy is higher. However, because there’s no contract, you’re free to switch providers without any early termination fees. 
• Prepaid & no-deposit plans: Electric companies in Lewisville, TX, often run a credit check when you sign up for service to determine if you will need to pay a deposit before beginning service. If you’d rather avoid this deposit, prepaid or no-deposit plans give you another option. With these types of plans, you pay for your electricity upfront and you top up your account when the balance runs low. 

Lewisville green energy

Texas is one of the leading states in the country for green and renewable energy. The Lone Star State has played a pioneering role in developing wind power and now has more than 18,600 wind turbines. The state also ranks second in solar energy nationally. 

All Lewisville electricity plans contain some green energy. Check the electricity facts label (EFL) to confirm how much green energy is in your plan. If you want your electricity sourced from 100% green energy, try a Lewisville electric company like Gexa Energy or Green Mountain Energy.

Enter your ZIP code and filter your results by “green energy” to learn more about green energy plans in Lewisville.

Lewisville energy for business

If you own a business in Lewisville, you can also choose a commercial energy plan to suit your operations. Fill out our business energy form or call the number on your screen to speak to an energy expert about customizing a commercial energy plan for your company.

The deregulated energy market allows you to choose your electricity company in Lewisville. Here’s how you can take full advantage of the Choose Energy marketplace to help you find the best electricity plan in Lewisville:

• Enter your ZIP code. Doing this allows you to compare electric plans in Lewisville with all the top providers.
• Sign up for a plan. When you’ve found a plan you like, sign up online or call the number on your screen. We’ll walk you through the process to help you sign up in minutes.
• Let your provider handle the setup. Your new provider will handle the transfer after you’ve signed up with no interruption to your service.

If you plan to move or switch providers, we’ll simplify the process. Here’s how: 

Moving to a new address

If you’re moving to Lewisville, simply visit our website and enter your new ZIP code. This allows you to compare plans and providers fast. You should let your current provider know you’re moving at least two weeks before you relocate so you have ample time to switch over your electricity service.

Switching energy providers

Switching providers is also easy to do using our marketplace. All you need to do is shop for a new plan using our marketplace. When you sign up, notify your new provider you’re switching plans. They’ll take care of the rest for you. 

Who has the cheapest electricity rates in Lewisville?

The cheapest rates in Lewisville are currently offered by Discount Power. However, Texas electricity rates change often. Use the Choose Energy marketplace to find the most up-to-date rates by providing us with your ZIP code.

What is the average electric bill in Texas?

According to the latest available data from the Energy Information Administration (EIA), the average electricity rate in Texas is 14.31 cents per kilowatt-hour (kWh). The average monthly electricity bill is currently around $168.57.

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 cold. In the spring and fall, demand usually drops due to milder temperatures. As a result, energy rates fall, and you may find the cheapest prices during these times.

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 where you can cut consumption. Other methods include buying energy-efficient appliances and turning off unused lights and devices to reduce the amount of power you consume. You can also consider tracking down a new energy plan with a lower rate using the Choose Energy marketplace.