{"id":5612,"date":"2020-09-30T06:41:13","date_gmt":"2020-09-30T11:41:13","guid":{"rendered":"http:\/\/www.texaselectricityratings.com\/blog\/?p=5612"},"modified":"2020-09-21T11:55:49","modified_gmt":"2020-09-21T16:55:49","slug":"dallas-electricity-cheaper-than-last-year","status":"publish","type":"post","link":"https:\/\/www.texaselectricityratings.com\/blog\/dallas-electricity-cheaper-than-last-year\/","title":{"rendered":"Dallas Electricity Cheaper Than Last Year"},"content":{"rendered":"

<\/h3>\n
\"Should

Should you wait to lock in an electricity rate for your Dallas home now? No! Rates are on a slow decline but it will end soon! Let us help you the best plans in in Dallas.<\/center><\/p><\/div>\n

Should I Lock-in Low Texas Electricity Rates Now?<\/h3>\n

Texas electricity prices<\/a>, like temperatures across the state, are on the decline. But this won’t last long. This is the shoulder season, the time between hot summer days and cold winter nights. Now\u2019s the best time of the year to shop for and switch to a new electricity plan<\/a>\u00a0that\u00a0locks down cheap rates for the long-term. The best place to find the cheapest options for 12-month electricity in Dallas are right here!<\/p>\n

What Is the Average Electricity Rate in Texas?<\/h3>\n

Compared to last year, the average price across the state was 10.6 cents per kWh. And we\u2019re fast approaching that those lows again, with the average rate for electricity in Texas<\/a> at 10.8 cents per kWh and dropping. While slightly higher than last year, the forecast hints at dropping prices.<\/p>\n

NOAA shows a 75% chance<\/a> of an El Ni\u00f1a event occurring this year. This would bring relatively warm temperatures to Texas for the winter. Coupled with lower energy demand this year<\/a> means that electricity rates should fall between now and the end of Thanksgiving.<\/p>\n

If you\u2019re nearing the end of your contract, you\u2019ll want to use your power to choose<\/a> to shop for the cheapest electricity plan you can find.<\/p>\n

Which Electricity Plan Has All-Around Cheap Rates?<\/h3>\n

Smart Value 12 Online from Cirro Energy has a low energy charge of 6.25 cents per kWh. You\u2019ll also earn a $30 electricity bill credit<\/a> when you use between 1000 and 2000 kWh in a billing cycle. Other charges include a\u00a0very steep $200 early cancelation fee and base charge of $7.95, but once you add up the bill credit and the low electricity rate, you\u2019ll get an average rate of 8.3 cents per kWh for 1000 kWh of use.<\/p>\n

That’s 2.5 cents cheaper per kWh than the current average electricity rate. At that rate, you’ll save $25 a month on your Dallas electricity bill if you use 1000 kWh a month compared to the average rate. Compared to last year, it’s still 2.3 cents cheaper, saving you $23 a month. Over the year, you’ll save $276 – $300 with this plan compared to last year and this year’s current average electricity rate.<\/p>\n

What\u2019s the Cheapest Tiered 12-Month Electricity Plan?<\/h3>\n

4Change Energy offers Value Saver 12 if you\u2019re in the market for a cheap tiered electricity plan. The electricity rate is 8.96 cents per kWh for up to 500 kWh of use. The next tier has a rate of 4.16 cents per kWh until 1000 kWh. After 1000 kWh of use, the rate returns to 8.96 cents per kWh. Plus it comes with a cheap cancelation fee, just $20\u00a0per month left in your contract.<\/p>\n

You\u2019ll also receive a $20 bill credit at 1000 kWh of use. After averaging in the standard TDU charges, you\u2019ll pay an average of 8.7 cents per kWh for 1000 kWh of use.<\/p>\n

That’s 2.1 cents cheaper per kWh than the current average electricity rate, and a monthly savings of $21 a month if you use 1000 kWh a month. Compared to last year, 1.9 cents cheaper or $19 a month cheaper at 1000 kWh of use. Over the year, you’ll save $228 – $252 with this plan compared to last year and this year’s current average electricity rate.<\/p>\n

Who Has the Cheapest Electricity Rates in Dallas?<\/h3>\n

GridEdge 12 from Chariot Energy gives you the cheapest electricity rates and 100% Texas renewable energy. The plan offers an energy charge of 10.7 cents per kWh. There\u2019s also a $90 bill credit you\u2019ll earn after 1000 kWh of usage. With the standard TDU charges and the bill credit, your average rate for electricity is 6 cents per kWh. \u00a0The plan also comes with a cheap\u00a0early termination fee of $15 per month remaining in your contract.<\/p>\n

Meanwhile, this rate is a WHOPPING 4.8 cents cheaper per kWh than the current average electricity rate, and a monthly savings of $48 a month if you use 1000 kWh a month. And 4.6 cents cheaper than last year’s average electricity rate. Over the year, you’ll save an ASTONISHING $552 – $576 with this plan compared to last year and this year’s current average electricity rate.<\/p>\n

Where Can I Find More Cheap Electricity Plans in Texas?<\/h3>\n

Now\u2019s the time to shop around and make the switch to a new electricity provider<\/a> if you live in the Oncor service area. And the best way to get the cheapest electricity rates<\/a> is to lock them in for the long-term with a fixed-rate contract. But there are a LOT of electricity plans out there and if you pick the wrong one, you could be stuck paying WAY more for electricity.<\/p>\n

That\u2019s why we do the heavy lifting for you. Visit us at https:\/\/www.texaselectricityratings.com\/<\/a> for help shopping and comparing electricity plans in Dallas. And when you\u2019re ready, we make it easy for you to switch to the cheapest electricity plan so you can save big!<\/p>\n","protected":false},"excerpt":{"rendered":"

Should I Lock-in Low Texas Electricity Rates Now? Texas electricity prices, like temperatures across the state, are on the decline. But this won’t last long. This is the shoulder season, the time between hot summer days and cold winter nights. Now\u2019s the best time of the year to shop for and switch to a new Read More<\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"_mbp_gutenberg_autopost":false},"categories":[1],"tags":[],"yoast_head":"\nDallas Electricity Cheaper Than Last Year - Blog<\/title>\n<meta name=\"description\" content=\"Should I lock-in my electricity rates in Dallas now? YES! Time is running out on these low electricity prices! 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