If you're lucky enough to live in the sprawling Dallas suburb of Frisco, TX, and you need an electricity plan, you've come to the right place. In addition to being home to Lewisville Lake, the National Videogame Museum, and much more, Frisco is also home to a highly competitive and deregulated electricity market. As a result, choosing the right electricity plan is difficult and timely if you don't know how the Frisco market works.
Frisco, Texas, is one of many cities and municipalities in the state that has a deregulated electricity market. Deregulation means that electricity prices and companies aren't subject to government regulations. It also means that residents of Frisco have the power to choose their electricity plan and provider and aren't required to opt for the provider who serves their area. There is, however, one exception to this rule, which we'll get to in a moment.
Despite having a deregulated electricity market, electricity makes it to your Frisco home or business the same way that it does in other parts of the state. Here's how it works.
Your electricity rate will largely depend on who you choose as your retail electric provider. At the time of publication, on average, Frisco residents pay between 12 and 13 cents/kWh for their electricity, but some pay up to 15 or 16 cents. While 12.5 cents/kWh is right on par with the average rates in Texas, you could potentially pay less than this when you contact us at GoodCharlie Energy. At the time of publication, GoodCharlie is offering fixed-rate plans with a rate of 11.4 or 11.6 cents/kWh!
As we said before, Frisco is a city with deregulated electricity, which means that most residents have the power to choose their own provider. However, there is one exception to this rule, and that's if your electricity is provided by CoServ Electric. CoServ is an electric and gas coop, which means that if your services are provided by them, you'll have to enroll in one of their plans. Aside from CoServ, TXU Energy is the other major power provider in Frisco, and if they provide electricity to your home or business, you have the power to choose your own plan.
If you want to choose the right electricity provider in Frisco, there are a couple of things to keep in mind that will help you make the right decision.
Integrity is the most important quality to look for in an electricity company. Along with integrity, your provider should have plans that are transparent and easy to understand. Otherwise, it's likely that they're hiding something in the fine details of their contract.
Aside from integrity and honesty, the most important thing to consider with an electric company in Frisco is that they offer the type of plan you want. You have the option of prepaid, variable-rate, and fixed-rate plans in Frisco, and choosing a plan that fits your needs and usage is paramount.
Once you find an honest company with the type of plan you want, you should then look at additional rewards and benefits that they offer. Rewards and benefits are incentives that REPs tack onto their plans to entice you to sign up with them. There are many different types of reward packages available, so be sure to choose one that benefits you.
In addition to rewards, there are also less glamorous things to look for in an electricity plan. This includes hidden fees, penalties, and other red flags that your REP will likely try to hide within their contract. Hidden fees include early termination fees, activation fees, overuse fees, and minimum usage fees, among others. Reliable companies, like GoodCharlie Energy, don't try to disguise hidden fees or make them difficult to locate in our contracts.
Instead, we list any applicable fees in plain sight so that you don't get surprised by them.
If you're looking for a new electricity company in Frisco, look no further than GoodCharlie Energy. Here are some of the advantages of enrolling in a plan with us.
If you've already signed up for an electricity plan and want to switch to us, the process is fairly simple. We'll even help with the process and ensure that the transition is smooth and doesn't result in a loss of power. We might be a newer company, but we're quickly becoming one of the best regarding affordable and reliable energy in Texas.
In addition to our affordable fixed-rate electricity plans, we also have the goal of making Texas a no-kill state. Making dog and cat euthanasia illegal in Texas would save hundreds of thousands of animals per year. Together, we can make this dream a reality!