Compare electricity rates in Southlake

In Texas, most residents have the power to shop around for their energy, thanks to deregulation. Southlake residents and business owners are among Texans who can choose their electricity provider. Customers sign up with suppliers for many reasons, including lower rates, additional services, and more options for environmentally friendly sources of energy.

Electric rates in Southlake vary both seasonally and depending on the provider and service type. Electricity rates tend to be the lowest in fall and spring. To see what rates are available from Choose Energy’s suppliers, please enter your ZIP code above.

Now that you know more about deregulation let’s take a look at how it’s affected Southlake. Here’s what we gathered from the U.S. Energy Information Administration. Their statistics show:

• Texas residential electricity rates are nearly 11.4 percent lower than the national average.
• Texas commercial electricity rates are nearly 28.33 percent lower than the national average.
• Texas industrial electricity rates are nearly 26 percent lower than the national average.
• Texas generates the most electricity of any state from wind.
• Texas regularly is among the top five for the highest amount of electricity from solar energy.

In 2002, the Texas legislature passed a bill to deregulate most of the state’s energy market. In the past, a utility company had control over the energy industry in its area. Energy deregulation forces providers to compete for your business.

Now, signing up for an energy plan is like shopping for anything else. With Choose Energy’s 24/7 marketplace, you can enter your ZIP code and compare prices and plans from various trusted energy providers. 

That way, Southlake residents can be sure they’re getting the plan that works for them and their home. Choose Energy can also help you learn more about:

•  No deposit electricity plans in Southlake
•  How to on moving your Southlake electric service
•  Switch to a different provider in Southlake

Oncor Electric Delivery provides electricity service to Southlake and more than 7.5 million residences and businesses in the Dallas area. No matter your supplier, your local utility company is responsible for delivering energy to your home or business.

Southlake customers can compare many electric suppliers’ prices to find the plan that best fits their needs and budget. Choose Energy works with some of the leading providers in the area, including TXU Energy and Frontier Utilities, to help connect customers with the best possible selection of plans.

Southlake consumers interested in reducing their carbon footprint with renewable energy have options. Texas ranks first in wind power and regularly is among the top 5 in solar power. This is excellent news for you if renewable energy is important to you. 

Because the state produces so much green energy, every Texas plan contains renewable energy. You can find the percentage in the plan’s Electricity Facts Label. Many providers also sell plans with higher amounts of green energy. The following providers sell only 100 percent green plans:

• Green Mountain Energy
• Gexa Energy
• Chariot Energy
• Iberdrola Texas

It can sometimes seem overwhelming to find the best electricity rates near you. If you search the web for “cheap electricity providers near me” or “best electric rates in my area,” you’ll get pages of results. You’d have to spend hours going through plans and providers. 

However, at Choose Energy, it’s actually straightforward. Our marketplace allows you to see the latest Southlake electricity rates and the available plans. This way, you guarantee that you’re getting the best deal. 

To see what your best options are today, just enter your Texas ZIP code in the form above to get started.

If you are a Southlake business owner, the Choose Energy marketplace is a great place to look for your best rates! We work with companies that offer low business electricity rates. If you want to build a custom plan for your business, call one of our commercial energy experts today or fill out this form.

updated 3/4/2021