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The 3 Best Electricity Plans in Dallas

As Texas and the rest of the nation struggles with the new energy crisis, the price of electricity seems to increase continually. And for most Texans, it’s very difficult to find a cheap electricity plan right now. Still, when push comes to shove, if you need to shop, a fixed-rate plan is still way-better than a month-to-month variable rate plan. So, let's compare three competitive Dallas electricity plans that will keep your lights on and how to maximize your savings when the energy crisis improves.

Fixed Twelve Month Electricity in Dallas

The best 12-month fixed-rate plan in Dallas right now is Energy Texas’ Come and Take It 12. This plan has an average price of 16.9 cents per kWh. This includes the $4.95 base charge, the 11.65 cents per kWh energy charge, TDU, and market securitization charges. If your usage is 1000 kWh per month, your bill estimate with this plan would be $164. 

Champion Energy’s Champ Saver 12 isn’t too far behind either, with a $169 monthly bill estimate. This plan doesn’t have a base charge, but the 12.7 cents per kWh energy charge means that the average price of this plan is 17.4 cents per kWh with delivery charges. 

Rhythm’s TX Breeze 12 is more expensive, with an average price of 19.2 cents per kWh. It has a considerably higher base charge of $8.95. With the TDU charges and the higher energy charge of 13.5 cents, your average monthly bill could be $178. So, this plan may not seem like a good option at first.

But, the TX Breeze 12 has a favorable early termination agreement that may make it more lucrative in the longer run than Champ Saver 12 or Come and Take It 12.

The Energy Market May Bounce Back

While gas prices continue to run high, there’s light at the end of the tunnel. The US Energy Information and Administration forecasts that gas prices may get cheaper by April 2023.  This means that the price of electricity may also be better in the upcoming Spring shoulder months. The combination of lower natural gas prices and shoulder months means that will be the ideal time to shop for a plan. 

But, since that’s almost 8 months away, what should you do if you need an electricity plan ASAP?

Check the Early Termination Fee

If prices drop, you can terminate these plans early for a fee, and switch to a better deal.

Come and Take It 12 has an early termination fee of $250. In comparison, Champ Saver 12’s fee is only $150. But even that’s not as good as TX Breeze 12’s. 

If you terminate early, the Rhythm TX Breeze 12 would only charge you $10 for every remaining month left in your contract. If you cancel your plan in April 2023 with five months left, you’d only pay $50.  So, while your bill may be higher monthly, you’ll save more in the long run if you choose a favorable early termination fee plan.

Find Your Dallas Electricity Plan

Whether your current plan’s expiring or it already expired, signing up to one of these three plans is definitely better than staying on the month-to-month variable plan. You have the power to choose the best electric deal for your home.

Visit https://www.texaselectricityratings.com/ to find all the available plans, compare them, and choose the best one for your home.

Does Power to Choose Fail Texans?

Most Texans seldom shop for electricity. On average, you shop for a new power plan once every year. So it makes sense to build a site to help customers make a relatively infrequent choice for an electricity plan. But Power to Choose fails customers in several ways. In Part 1 of this series, we’ll examine their rating system and show how Texas Electricity Ratings helps better. 

Where Power to Choose Fails

The Texas PUC designed the Power to Choose to be impartial and not favor one provider over another. But unfortunately, the problem is that there’s no objective standard for what earns a top rating. As a result, this gives a woefully insufficient picture of how well a company actually performs. So let's look closer.

Murky Grading System 

The Power to Choose retail electricity provider grading scale tells you very little about a given company. Their five-star scale is based on the ratio of complaints over the past six months as compared to other companies. Sure, that sounds great, right? But how reliable is this system? How valid and helpful is it if the data is inconsistent and incomplete?

Going to the cellar dwellers on Power to Choose shows just how bad the rating system is. Two one-star rated companies – Frontier Utilities and Energy Texas – have very different histories. Across January to June 2022, Frontier Utilities has 79 complaints. And over the same period, Energy Texas only has 12. Is that because one has more customers? Or is it because the other is so much better? Using Power to Choose, you’ll never know. 

Now, look at one of the five-star companies – Summer Energy. Here's where the system gets more confusing. This one has 25 complaints over the same stretch of time. How does that make any sense? Why do 79 and 12 complaints deserve one star but 25 complaints merit five stars? Clearly, something appears to be broken. 

And what about complaints beyond the past six months? Say you want to lock in a 12 month fixed rate electricity plan. Don’t you want to know the firm’s history for at least the same length of time as your contract? It just makes sense. You want a company with a good and long track record. 

Better Texas Electricity Ratings 

Texas Electricity Ratings measures on an array of variables to figure a composite score. Rather than just complaints like Power to Choose, Texas Electricity Ratings includes more factors. Ratings for communication, products, market perception, operations, and community involvement give shoppers a multifaceted view. Customers can weigh which factors are most important to them and make their choices.

If you need to shop for power plans, you’ve come to the right place. Here you’ll find all the data you need to make a good decision on powering your home. The facts at https://www.texaselectricityratings.com empower Texans where Power to Choose fails.