GoodCharlie Blog

Fort Worth Electricity: Everything You Need to Know

Written by Daryl Lawrence | Mar 2, 2023 7:41:17 PM

Although not as common in pop culture as Dallas or Houston, Fort Worth is one of the largest, friendliest, and most populated cities in Texas. There's a lot to love about Fort Worth, and thousands of people are moving there every year. While there's a lot you should know about this great city, one o f the most important things to understand about making it your home is how Fort Worth electricity works. Understanding Fort Worth electricity rates, origins, and companies, will help you save money when you choose your Fort Worth electricity plan

  1. Where Does Fort Worth Electricity Come From? 
  2. How Does Fort Worth Electricity Work? 
  3. Is Fort Worth Electricity Expensive? 
  4. Different Types of Fort Worth Electricity Plans 
  5. How Do I Choose an Electricity Provider in Fort Worth?
  6. Choose GoodCharlie Energy for the Best Fort Worth Electricity Plan
  7.  

Where Does Fort Worth Electricity Come From? 

As with most major cities in Texas, Fort Worth's electricity has several different sources or origins. 

Fossil Fuels 

More than 60% of all Fort Worth electricity comes from fossil fuels. This includes resources such as oil and natural gas. 

Renewable Resources 

The second most popular source of Fort Worth electricity is renewable resources. In addition to solar power, Texas is the national leader when it comes to wind power, and Fort Worth is a significant contributor. 

Nuclear Power Plants

Nuclear power plants are the third major player in Fort Worth's electricity production. Texas has three nuclear power plants producing roughly 10% of all Fort Worth electricity. 

How Does Fort Worth Electricity Work? 

In addition to having the same electricity sources as the rest of Texas, Fort Worth electricity also works the same way. Fort Worth has deregulated electricity, which means it's bought and sold by private companies. Here's how it works. 

  1. Fort Worth electricity gets created by power-generating plants using one of the methods listed above. 
  2. Those power-generating plants then sell their electricity to retail electric providers (REPs). 
  3. After purchasing the electricity at wholesale cost, REPs then sell it to homes and businesses in Fort Worth at retail value. 
  4. While you purchase electricity from REPs, they don't actually deliver it to you or manage the power lines, poles, cables, meters, and transformers that carry electricity. 
  5. Instead, REPs work with local Transmission and Distribution Utility companies (TDUs) to ensure power makes it to your home or business. 

Is Fort Worth Electricity Expensive? 

On average, people pay around 14 cents/kWh for Fort Worth electricity. This is slightly higher than the Texas average but lower than the national average. However, by understanding how Fort Worth electricity works and choosing your plan from a reliable company, you can pay much less than 14 cents/kWh. 

Different Types of Fort Worth Electricity Plans 

If you want to keep from overpaying for electricity in Fort Worth, choosing the right type of plan is essential. Here are your options. 

  • Prepaid 

 

With a prepaid electricity plan, you pay for electricity before you use it. That way, you avoid overuse fees and expensive tiered rates. However, prepaid electricity rates in Fort Worth are much higher than other types of plans and will often result in overspending. 

  • Flat-Rate 

 

As with prepaid plans, you pay for your electricity with a flat-rate plan before you use it. With this type of plan, you pay the same price regardless of how much electricity you use. However, because REPs don't want to give away free electricity, they often charge an aggressively high flat rate, and you rarely get your money's worth. 

  • Variable-Rate 

 

With variable-rate plans, you have flexibility and freedom and can find a new plan at the end of every month. However, your rate is subject to change depending on the electricity market, and it's more likely to increase than decrease. 

  • Fixed-Rate

 

If you want the best Fort Worth electricity rates, you should choose a fixed-rate electricity plan. With a fixed-rate plan, you can lock yourself into a low, affordable electricity rate that won't increase throughout your contract term. Fixed electricity rates are usually lower because electricity companies want you to commit to them long-term. 

How Do I Choose an Electricity Provider in Fort Worth?

Now that you know which type of Fort Worth electricity plan you should choose, it's time to choose your electricity provider. Unfortunately, this is often easier said than done because of the sheer number of REPs to choose from. Depending on where you live, you will have the option of more than 100 different providers, each offering numerous plans. Understanding how much electricity you use can also be helpful in making a choice.

Because of the difficulties involved, it might be tempting to enlist the services of an electricity concierge or comparison program. These services are meant to simplify the selection process by listing all the providers and plans in your area. Unfortunately, most electricity comparison and concierge services only display the plans of the companies they're partnered with. As a result, you're not getting the whole picture or a complete list of options. 

Choose GoodCharlie Energy for the Best Fort Worth Electricity Plan

If you're having trouble choosing the right electricity plan from the right company in Fort Worth, look no further than GoodCharlie Energy. GoodCharlie is one of the newest and most exciting REPs in Texas, and we aim to provide Fort Worth electricity at an affordable rate. Here's why you should choose us.  

  • We offer competitive rates and comprehensive plans with no hidden fees. 
  • Each of our plans is available with electricity from a renewable resource such as wind or solar power. 
  • We're the #1 choice for a REP in Texas by pet owners, thanks to our goal of making Texas the best state for a dog to live in. 
  • Our list of benefits includes 24/7 emergency video vet access, a $750 pet emergency fund, and a monthly donation from us to a local pet shelter
  • Transparent pricing that's easy to read and understand. 
  • Fixed-rate plans that you can choose based on your electricity usage. 
  • Outstanding customer service provided by people in Texas and from Texas. 

 

Switching to GoodCharlie Energy is easy if you're in the market for a new electricity plan. We might be a more recent company, but we're quickly becoming one of the best regarding affordable and reliable energy in Texas. We ask you to join us in making Texas the best state for dogs and cats to live in. Contact us to make the switch today!