As you shop for the best electricity rates in Southlake, you’ll encounter utility companies and energy providers. Your utility company transmits and distributes power to local homes and businesses. The utility is also responsible for repairing the infrastructure, meaning it is your point of contact when a power outage occurs. Oncor Electric Delivery is the utility company in Southlake.
Meanwhile, Southlake customers can compare many electric suppliers’ prices to find the plan that best fits their needs and budget. Choose Energy works with the leading providers in the area, including TXU Energy, Express Energy, and Frontier Utilities, to help connect customers with the best possible selection of plans. Express Energy and Frontier Utilities currently offer the lowest electric rates in Southlake, with prices starting as low as 7.4 cents per kilowatt-hour (kWh).
Types of electricity plans in Southlake
There are a few different types of energy plans that you may find during your search. The Choose Energy marketplace offers the following plans:
- Fixed-rate plans: Under a fixed-rate plan, you pay the same price for your electricity throughout your term. Your contract ranges from six months to three years, depending on the supplier. Fixed-rate plans are best suited for customers who value predictability and protection from price fluctuations in the energy market.
- Variable-rate plans: Prices for variable-rate plans fluctuate daily based on energy demand, the climate, and other influencers. Costs can spike when demand is higher. However, you are also free to switch to another provider or plan at any time without penalty.
- Prepaid & no-deposit plans: If you have a lower credit score, your supplier might require a deposit to activate service. Alternatively, you can choose a no-deposit or prepaid plan. With a prepaid energy plan, you pay for energy service as you go. It does not require a deposit, and you are free to switch to another plan at any time. When your balance runs low, your provider notifies you via text or email so you can add more funds to your account.
Shop for electricity plans in Southlake by entering your ZIP code above.
Southlake green energy
Southlake consumers can lower their carbon footprint by signing up for a green energy plan. Texas ranks first in the country for wind power generation and is among the top 5 in solar power. This means Southlake consumers have a variety of green energy options.
Because the state produces so much green energy, every Texas plan contains some percentage of renewable energy. You can find the exact amount listed in the plan’s Electricity Facts Label. Many providers also sell plans with higher amounts of green energy. Green Mountain Energy, Gexa Energy, and Chariot Energy offer these options. Currently, there are green energy plans in Southlake starting at 7.5 cents per kWh.
Southlake energy for business
Your company can also shop for low electricity rates in Southlake due to deregulation. Business owners can visit our commercial energy page to begin building customized electricity solutions for businesses. Or, if you prefer to chat, call the number on this page, and one of our energy professionals will help.
Southlake electric rates in my area
When you shop for energy providers, you might notice prices are different depending on your location. This is primarily due to the utility transmission charges, which can vary by the utility serving your area. This is why it’s important to check for electricity rates in your area. Enter your ZIP code above to explore the most accurate energy prices in your area.
Moving to Southlake?
Southlake residents enjoy quiet suburban living with attractions like the Bob Jones Nature Center and Preserve. They also receive low energy prices due to the deregulated market.
You’ll need to shop for an energy provider in order to benefit from deregulation. The independent Choose Energy marketplace makes it easy to compare providers in your area. Enter your ZIP code above to explore the best energy plans for your new home.