As you begin exploring different electricity providers, you’ll notice there are many different energy plans to choose from. Below are some of the most common plan types:
With a fixed-rate plan, you lock in your electric rates for the length of the contract – usually 12-36 months. You’ll have a stable monthly electricity rate, but taxes and other government fees may change each month. If you wish to end your contract early, you may be charged an early termination fee (ETF).
Through a variable-rate plan, your monthly energy rate fluctuates with the wholesale cost of energy. During some months, your electricity bill may spike due to an increase in energy demand. However, during other months, you may experience savings as rates decrease. Because there is no contract, you can switch plans at any time.
Prepaid and no-deposit plans
Most providers require a credit check before starting service. If your credit score doesn’t meet certain requirements, you may be required to pay a deposit. With a no-deposit plan, there is no credit check or up-front deposit required. A common type of no-deposit plan is a prepaid electricity plan, you add money into an account, and your electricity payments are drawn from that account. You’ll get a notice when the account balance is running low.
Enter your ZIP code above to explore various plans available on the Choose Energy marketplace.
Lewisville green energy
Texas is a leader in the U.S. for green energy. The Lone Star State ranks top in the country for wind energy and solar energy production.
Each Texas electricity plan uses some power from renewable energy. You can find the exact amount on the Electricity Facts Label (EFL). A few Lewisville electricity providers even offer 100% green energy plans. Three companies with 100% green energy plans are Gexa Energy, Green Mountain Energy, and Chariot Energy.
Currently, green energy rates in Lewisville start at 7.5 cents per kWh from Gexa Energy. Enter your ZIP code and filter for green energy plans to find green electricity rates in your area.
Lewisville energy for business
You also have the power to choose your own Lewisville electricity provider if you run a business. Call the number on your screen or fill out our business energy form to start working on a customized Lewisville business energy plan.
Lewisville electric rates in my area
Electricity rates vary depending on where you live. Due to different utility transmission charges, the rate you pay in one city could be different from what residents pay in another part of Texas. With Choose Energy, you can simply enter your ZIP code above to discover Lewisville electricity rates.