If you’re moving to Dallas and have no idea what to expect about the local electricity market, you’ve come to the right place. Dallas is one of many cities in Texas with deregulated electricity. This means that electricity is a good or service that can be bought and sold in a competitive market. There aren’t government or state regulations on electricity prices, so each power company makes its own prices and rules.
Simultaneously, you also have the power to choose your own power company since it’s an open market. However, there are more than 120 retail electric providers in Texas, and many offer electricity services in Dallas. As such, it’s tough to know who to turn to or which provider to choose. That is unless you’re a dog or cat owner who wants the best fixed-rate electricity plan in Dallas. In that case, you should contact us right away!
- Where Does Dallas Electricity Come From?
- How Does Dallas Electricity Work?
- Is Dallas Electricity Expensive?
- Different Types of Dallas Electricity Plans
- How Do I Choose an Electricity Provider in Dallas?
- Choose GoodCharlie Energy for the Best Dallas Electricity Plan
Where Does Dallas Electricity Come From?
While the Dallas electricity market is unique, it comes from the same sources the rest of the world uses - renewable or non-renewable. Non-renewable resources include fossil fuels such as coal, oil, and natural gas. These resources are farmed or mined by power-generating plants, which then convert them into electricity.
The second source of electricity in Dallas is renewable resources. Renewable resources include things like wind, solar, and hydropower. It also includes nuclear energy and electricity derived from biomasses. While electricity from renewable resources isn’t as popular as from non-renewable resources, it’s a rapidly growing market in which Texas is a national leader.
How Does Dallas Electricity Work?
After the electricity gets created, it gets sold to retail electric providers (REPs) throughout Dallas and the surrounding area. REPs then sell electricity to residential and business customers in Dallas and other deregulated parts of Texas. However, while you pay your monthly bill to your REP, they aren’t the ones who physically deliver power to you.
Instead, that job falls to your local utility company, which works in conjunction with your REP. Together, they ensure that electricity gets to its destination, that power gets restored after outages, and that the lines, poles, meters, and cables carrying electricity remain intact.
Is Dallas Electricity Expensive?
Because of the number of factors and players involved with electricity production and distribution, power-generating plants, REPS, and utility companies, electricity can be somewhat pricy. On average, people in Dallas pay around 13.9 cents/kWh for residential electricity and around 10 cents/kWh for business electricity.
However, your REP is the only company you have to worry about paying. They will then pay the power-generating plant and the utility company for their efforts. However, while you don’t physically pay these other entities, your REP will charge more for monthly electricity based on how much money they have to redistribute.
Different Types of Dallas Electricity Plans
Because many people in Dallas have different electricity needs, there are different types of electricity plans to accommodate them.
Prepaid Plans
With prepaid electricity plans, you purchase a certain amount of kilowatt-hours of electricity at the start of the month.
Variable-Rate Plans
Variable-rate electricity plans are another option for Dallas electricity. However, these plans are volatile, month-to-month, and have ever-changing rates and prices.
Flat-Rate Plans
With a flat-rate plan, you’ll always pay the same amount for your monthly bill regardless of how much electricity you use. However, REPs figure on the high end when giving you a pricing estimate to ensure they don’t lose money.
Fixed-Rate Plans
If you want the most reliable and consistent Dallas electricity plan, you should choose a fixed-rate one. Fixed-rate plans lock you into a one to a three-year contract, during which time your electricity rate won’t change. Fixed-rate plans offer stability, financial savings, perks, and benefits. However, it’s important to sign up for a fixed-rate plan with a company you can trust. Otherwise, it could turn into a rip-off. Contact us to learn more!
How Do I Choose an Electricity Provider in Dallas?
If you’re without an electricity plan or unhappy with your current one, you should enroll into a new one. Here’s how to choose the right Dallas electricity plan.
- Determine what type of electricity plan you want and need.
- Take note of your average monthly electricity usage because REPs have tiered rates that vary depending on your usage.
- Read online reviews about various plans and companies to ensure they’re reliable.
- Look at the Electricity Facts and Labels sheet and the fine print of any plan you’re interested in.
- Take things into consideration, such as the benefits and incentives the REP is offering to ensure they’re useful to you.
- Be sure to sign up with a company that offers outstanding customer service.
- Look for a Dallas electricity company that cares about more than making money and whose values line up with your own.
- Compare your company of choice to local competitors to ensure you get the best rates.
- When you’re satisfied, sign up with your new electricity company to start enjoying the benefits right away.
Choose GoodCharlie Energy for the Best Dallas Electricity Plan
If you're looking for the best new electricity company in Dallas, look no further than GoodCharlie Energy, and here's why.
- We have 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.
- 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!
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