Best Electricity Companies and Plans in Lewisville, TX

• The average Lewisville electricity rate for 1,000 kilowatt-hours (kWh) is 16.2 cents, according to our marketplace data. This rate is 10% higher than the Texas average, and 1.3% higher than the national average.
• The average Texas electricity rate is 14.68 cents per kWh, based on the latest Energy Information Administration (EIA) data. This rate is about 8% lower than the U.S. average (15.95 cents per kWh).
• The commercial Texas energy rate is 8.6 cents per kWh (about 33% lower than the national average).

Lewisville’s deregulated energy market allows residents to choose their own electricity company. Here’s how you can take full advantage of the Choose Energy marketplace to help you find and compare the best Lewisville electricity rates:

• Enter your ZIP code. We’ll show you a list of available options to compare the best electric plans in Lewisville. You can then narrow your search to providers, term length, plan type, and more using the filters.
• Sign up for a plan. When you’ve found a plan you like, you can sign up online in just a few minutes. Alternatively, you can call the number on your screen and one of our energy experts will walk you through the process.
• Let your provider handle the setup. Your new provider will handle the transfer after you’ve signed up with no interruption to your service.

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 electric provider in Lewisville. Electricity companies compete for your business by offering cheaper rates and more plan choices, making it easier to choose the best Lewisville energy plan for your home or business.

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

Most cities in Texas have a deregulated energy market, meaning utility companies and energy providers have different responsibilities. Utility companies deliver power to homes and businesses, maintain the power grid, and respond to power outages. You can’t choose your utility company, which is assigned to you based on your location. Lewisville has two utilities: Oncor Electric Delivery and Texas-New Mexico Power.

Energy providers, meanwhile, sell power to customers and manage billing. Unlike your utility company, you can choose your energy company in Lewisville. Residents can explore a wide range of providers, 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 find the best electricity rates Lewisville has to offer 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 an outage, contact your utility company, not your energy provider. In Lewisville, this will either 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 the 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 Lewisville electricity plans using the Choose Energy marketplace, you’ll likely find several different types of plans. It’s important to understand the differences in plan types before you sign a contract.

• Fixed-rate plans: With a fixed-rate plan, you’ll lock in your electric rate for the duration of your contract. Typical contract terms range from 12 to 36 months, but they can be longer or shorter. These plans make budgeting more predictable because your energy price will not change. If you decide to cancel your contract before the end of your term, you may have to pay an early termination fee (ETF).
• Variable-rate plans: 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. Because your energy rate can change, variable-rate plans are riskier. However, you don’t have to sign a contract, so you’re free to switch providers at any time without an ETF.
• Prepaid & no-deposit plans: Electric companies in Lewisville often run a credit check when you sign up for service to determine if you will need to pay a deposit. If you’d rather avoid this initial fee, there are no-deposit options you can sign up for, such as prepaid plans. With these options, you pay for your electricity in advance and refill your account when the balance runs low.

Lewisville green energy

Texas is one of the top states in the country for green and renewable energy. The Lone Star State has been a leader in developing wind power and now has more than 19,000 wind turbines. The state also ranks second for solar energy generation nationally.

All Lewisville electricity customers benefit from the state’s abundance of green energy. Each plan contains some portion of green energy — you can check the Electricity Facts Label (EFL) to confirm how much is in your plan. If you’re interested in adding more green energy to the mix, shop for 100% green energy options from renewable providers like Gexa Energy or Green Mountain Energy.

Enter your ZIP code and filter your results for green energy to learn more about renewable energy plans in Lewisville.

Lewisville energy for business

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.

Whether you’re moving to Lewisville or want to switch to a new electric provider, our marketplace can help you get it done in a cinch. We simplify the process of comparing plans so you don’t have to do all the work.

Moving to a new address

If you’re moving to Lewisville, you can take your current plan with you if the provider serves your new area. If not, you can enter your new ZIP code on our marketplace to find and sign up for the best plan. You should let your current provider know you’re moving before you relocate so you have ample time to switch over your electricity service. Keep in mind that you won’t incur an ETF if you cancel your current plan because you are moving.

Switching energy providers

If you’re dissatisfied with your current provider or your energy needs have changed, switching providers is also easy to do using our marketplace. You can shop by ZIP code to compare plans based on features like usage level, term length, green energy, and more. Once you sign up, your new provider will take care of the switch with your utility company with no interruptions to your service.

Who has the cheapest electricity rates in Lewisville?

The cheapest electricity rates in Lewisville are currently offered by 4Change Energy and Express Energy. However, Texas electricity rates change often. You can use 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 $168. We calculated this using the average residential energy rate in Texas (14.68 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 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.