Who has the cheapest electricity for apartment renters in Dallas?
If you live in an apartment, then you most likely use less electricity than the average Texas home. And that means you need a plan that caters specifically to apartment renters. Reliant Energy offers its Reliant Apartment 9 plan to electricity customers. But does it really offer the cheapest rates for apartment renters in Dallas?
Which top-rated energy provider offers a low-use electricity plan?
Reliant Apartment 9 offers a base energy charge of 8.184 cents per kWh for usage under 1000 kWh. That spikes to 10.18 cents per kWh for everything above 1000 kWh, making it better suited for apartments with lower energy usage in Dallas. Once you add in the standard TDU charges and the $5.00 base charge, you’ll pay around 13.7 cents per kWh for 500 kWh of energy use.
That’s higher than the current historical Texas Electricity Rates (currently at 10.6 cents per kWh).
Does Reliant Energy offer other electricity plans for apartments?
Reliant also offers a slightly better, Reliant Get More, Save More 9 plan. You’ll pay a higher base charge of $6.95 per month, but a lower energy charge at 7.186 cents per kWh. Once you add up the TDU charges, your average rate comes to 13.1 cents per kWh for 500 kWh of usage. That’s still more than the current average energy rate in the state.
This plan also has a $95 early termination fee. Reliant Apartment 9, on the other hand, offers cheap early termination fee electricity at $10 per month remaining in the contract.
Cheapest Electricity Rates for Apartments in Dallas
If you’re looking for the cheapest energy rates for an apartment in Dallas right now, then you need to look at Spark Energy’s 6-month, fixed-rate energy plan called, Choice 6. You’ll pay a very low energy charge of 4.20 cents per kWh. There is no base charge and no other additional charges to worry about. So, once you factor in the TDU charges, you’ll pay an average of 8.7 cents per kWh for 500 kWh of usage. That’s significantly cheaper than either low-use plan from Reliant and the current state average.
There is a very steep early termination fee of $175. But this plan is only a 6-month, fixed-rate plan, allowing you to exit your contract closer to the shoulder months in Texas for electricity. As a result, you could find cheaper electricity before the scorching summer heat begins.
How to Compare Electricity Rates in Dallas
Finding the best energy company for apartments in Dallas isn’t always easy. A lot of plans tend to cater to average-sized Texas homes, or homes that have around 1000 kWh of usage per month. Reliant is a top-rated energy provider in Texas. But remember: you have the power to choose the BEST energy plan for your home. That journey begins with shopping around for the cheapest electricity rates.
We make that easy for you at TER. With tools like the plan picker 3000 and the rate analyzer, you can quickly narrow in on an energy plan that reflects your needs. Narrow your options by average energy use, preferred benefits, and even company rating. Simply visit www.texaselectricityratings.com and start comparing plans before you switch electricity providers today!