Southlake Electricity Rates, Plans & Suppliers

The cheapest Southlake electricity rate is 11.2 ¢/kWh, 35% lower than the average rate of 17.1 ¢/kWh.

61% are choosing plans with a contract length of 12 months, with 24 month contracts being the second most popular choice at 24%.

The average electric bill in Southlake is $130, with average electricity usage of 1100 per month.
cheapest Electricity rates and plans in  texas
Respected Provider
Price
14.1 ¢ kWh
Term
12 months
Avg. Bill
$141 per month
Low Rate
Price
11.5 ¢ kWh
Term
24 months
Avg. Bill
N/A per month
Very Low Bill
Price
11.4 ¢ kWh
Term
12 months
Avg. Bill
$187 per month
New Provider
Price
16.1 ¢ kWh
Term
36 months
Avg. Bill
$161 per month
Rates as of Jul 23, 2024 at 08:29 PM

Compare Southlake Electricity Rates

We've researched the best providers and plans so you can find a great electricity rate in Southlake

Company Term Rate
Frontier Utilities 12/months 11.4¢/kWh
Gexa Energy 12/months 11.4¢/kWh
4Change Energy 24/months 11.4¢/kWh
Express Energy 24/months 11.4¢/kWh
Discount Power 24/months 11.5¢/kWh
Cirro Energy 24/months 11.5¢/kWh
Chariot Energy 36/months 11.6¢/kWh
APG&E 6/months 13.9¢/kWh
Rhythm 6/months 14.3¢/kWh
Constellation 12/months 14.4¢/kWh
Rates as of Jul 23, 2024 at 08:29 PM

How Often do Electricity Rates Change in Southlake Change?

Southlake electricity rates change continually throughout the year. Multiple factors impact the rate, including weather, and natural gas prices. Hot and cold weather drive prices up, while mild weather and reduced demand bring prices down. Keep in mind that every electricity company has it's own pricing formula and may be in a phase to acquire customers with low rates, or may be in a conservative position and have high rates. The key is to shop when your contract comes up. There's always a deal to be had.

Video - What is The Best Southlake Electricity Rate (July 2024)

How to Switch Your Southlake Electricity Company

Switching Electricity companies is simple and seamless with no interruption in service.

  1. You can switch your electricity company up to 45 days before your electricity contract ends. This is called a "Forward Switch"
  2. What is a Forward Switch? - A forward switch allows you to "Switch and Forget" Your new provider will handle all the details and seamlessly transfer you rservice on your contract end date
  3. You can switch your electricity company without penalty up to14 days before your contract ends.
  4. Your electricity provider is required to notify you that your electricity contract is up 30 days before th econtract end date
  5. Then compare electricity rates for Southlake and switch in minutes.

Best Electricity Companies in Southlake

TexasElectricityRatings, rates the top electricity companies in Southlake

Rank Provider Stars Award
#1 Champion Energy Services Champion Energy Services  Medal Provider
#2 Payless Power Payless Power  Medal Provider
#3 Constellation Constellation  Medal Provider
#4 Gexa Energy Gexa Energy  Medal Provider
#5 4Change Energy 4Change Energy  Medal Provider

Electricity Plans for Southlake

  • Fixed Rate Plans: Offer a fixed rate per kWh (monthly bill may vary based on usage) for the length of the contract, typically 12 to 36 months.
  • Green Energy Plans: Source power from renewable sources such as wind, and solar.
  • No Deposit Plans: Electric companies in Southlake offering no deposit sometimes called prepaid electricity plans; allow customers to pay for their electricity in advance. With a no deposit electricity plan, customers can avoid credit checks, deposits, and avoid disconnection for non-payment.
  • Variable Rate Plans: Usually considered as the opposite of fixed rate plans, with these plans the price per kWh will vary month to month.
  • Time of Use Plans: Vary the rate per kWh based on the time of day and/or the season. Customers are often charged a higher rate during the day and a lower rate in the evening. Additionally there
  • Solar Buy Back Plans: This allows Southlake homeowners with solar panels earn extra money by selling their surplus electricity to their electricity provider. Often this is in the form of bill credits for electricity that would otherwise go to waste. Electricity companies offering these plans include: Chariot Energy, Rhythm Energy, and Energy Texas.

Southlake Electricity Outage and Utility Information

If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance

Centerpoint Energy: 713-207-2222

Oncor Energy: 888-313-4747

AEP Central/AEP North: 866-223-8508

TNMP: 888-866-7456

Contact the Texas Public Utilities Commission with any other concerns:

PUC Customer Protection, P.O. Austin, TX 787111-3326.

Call 1-888-782-8477

Email the PUCT at customer@puc.texas.gov

Are You Moving to Southlake?

Texas has a deregulated electricity market. That means Southlake Electricity Companies compete for your business. Just like cellphone, Internet, Insurance and credit card companies that compete for your business. And just like those businesses there are plenty of ways that Texas electricity companies can take advantage of you, so we've made it easy. We've rated, ranked, and recommend Southlake's best electricity companies and electricity plans that will make your move easy.

Getting your power turned on in Southlake is easy. If your home has a smart meter, we can get your power turned on in 4-6 hours. Just enter your zip code to get started.

Compare Local Electric Rates

When shopping for electricity, you will see that rates and plan availability may vary by location. This is due to differences between local utility transmission and delivery fees.

That's why you need to enter your zip code to compare electricity rates in Southlake.

Compare Business Electricity Rates in Southlake?

You have the power to choose your Commercial and Small Business Electricity Rates in Southlake. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.

Southlake business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Southlake or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.

Commercial Electricity Rates in Southlake

Rates as of Jul 23, 2024 at 08:29 PM

Renewable and Green Energy Options in Southlake

Over 30% of the energy produced in Texas is from renewable energy resources such as solar, and wind. In fact, Texas produces more green energy than any other state. And is one of the reasons that Texas has some of the lowest electricity rates in the US.

Every Texas energy provider has about 20% green energy in their mix of energy sources. You can see this in the Fuel Mix section of any Texas Electricity Plan EFL (Electricity Facts Label).

Most Texas electricity companies have a 100% green / renewable energy plan, where 100% of the energy you buy supports renewable energy generators. Some Southlake electricity companies are exclusively green, where every plan is 100% green and prices and rates support 100% green energy and renewable generation.

The 3 types of renewable energy plans to select from:

Green energy term plans:
These are similar to traditional 3 to 12 month term plans with 100% green energy.
EV Charging Plans:
Plans targeted at EV owners that are "Time of Use" where you pay low rates at night (between 11PM and 5AM) and a higher rate during the day.
Solar Buy Back Plans:
Plans that allow homeowners who own their solar panels to sell excess power back to their provider or offset their electricity bill with excess power generated by their solar panels and may earn bill credits of up to .25 cents per kWh exported back to the grid.

Five Green Electric Plans for Southlake

Company Term Rate
Gexa Energy 12/months 11.4¢/kWh
Chariot Energy 36/months 11.6¢/kWh
APG&E 6/months 13.9¢/kWh
Rhythm 6/months 14.3¢/kWh
GoodCharlie Energy 12/months 15.5¢/kWh
Rates as of Jul 23, 2024 at 08:29 PM

FAQ: Southlake Rates, Plans and Providers

Is it true that Just Energy has a low price in Southlake?

Base Saver III - 24 is the cheapest rate from Just Energy. It is a 24 month plan with a rate of 14.500 cents per kWh.

We recommend you compare electricity rates in Southlake and see if this plan is right for you.

TriEagle Energy offers these plans in Southlake

The following rates are available from TriEagle Energy

Sure Value 3614.90 cents per kWh
Sure Value 2415.50 cents per kWh
Sure Value 1215.90 cents per kWh
Simple Savings 3616.20 cents per kWh
Savvy Value 3616.70 cents per kWh
Simple Savings 2416.80 cents per kWh
Simple Savings 1217.20 cents per kWh
Simple Green 3617.20 cents per kWh
Savvy Value 2417.30 cents per kWh
Savvy Value 1217.70 cents per kWh
Simple Green 2417.80 cents per kWh
Simple Green 1218.20 cents per kWh

What Southlake Amigo Energy electricity plans are available?

The following rates are available from Amigo Energy

Base Saver III - 2414.50 cents per kWh
Basics - 6018.00 cents per kWh
100% Green Nights Free Plan - 3618.50 cents per kWh
Weekends Free Plan - 2418.50 cents per kWh
Basics - 3618.60 cents per kWh
Simple Choice - 3618.60 cents per kWh
Simple Choice - 1219.00 cents per kWh
Weekends Free Plan - 1219.50 cents per kWh

What is a cheap Champion Energy Services electricity rate in Southlake?

Champ Saver-24 is the cheapest rate from Champion Energy Services. It is a 24 month plan with a rate of 14.700 cents per kWh.

You can order the Champ Saver-24 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website