When you sign up for your Fort Worth electricity plan, not only will you get to choose your energy provider, but you can also choose from several types of plans. Here are some of the most common types of electricity plans that you will find during your search.
- Fixed-rate plans. A fixed-rate energy plan allows you to enter into a contract with your electric company and lock in your rate for a period of time (usually between 12 and 36 months). With this type of plan, your energy rate will remain the same regardless of changes in the energy market. This means you will be protected from price spikes during times of high energy demand. Fixed-rate plans are ideal for consumers who value stability and predictability in their energy bills.
- Variable-rate plans. Under a variable-rate plan, your energy rate won’t be locked in and can fluctuate each month based on the wholesale cost of electricity. You could experience price spikes when energy demand is high, but be charged a lower rate when demand is low. You also won’t be locked into a contract, so you can switch to another plan or provider at any time.
- Prepaid and no-deposit plans. Depending on your credit score, you may be required to pay a deposit when you sign up for your energy plan. However, some providers offer no-deposit energy plans for consumers who don’t want to pay a deposit. A prepaid energy plan is a popular type of no-deposit plan that allows you to pay for your electricity upfront. Prepaid plans ensure you only pay for the energy that you use.
To check the types of energy plans available in your area, enter your ZIP code.
Fort Worth green energy
Texas has invested heavily in green energy over the years, and those investments have paid off. The state ranks first in the nation for wind energy generation and second for solar energy generation. As a result, it’s easy for Fort Worth residents to find affordable green energy electricity plans.
Each electricity plan in Texas includes a percentage of green energy. Visit your plan’s Electricity Facts Label to find the exact amount. Some providers that specialize in providing only 100 percent green energy plans. These renewable energy companies include Gexa Energy, Green Mountain Energy, and Chariot Energy.
Currently on the Choose Energy marketplace, there are green energy plans in Fort Worth starting at 7.7 cents power kWh. These rates can change daily, so enter your ZIP code to find the most accurate green energy prices in your area.
Fort Worth energy for business
Fort Worth business owners can also shop for electricity rates to find an affordable commercial energy rate. The Choose Energy marketplace can help you build the right energy plan to meet your business’s needs. To get started, visit our business energy page to learn more about commercial energy and receive a customized business energy quote.
Fort Worth electric rates in my area
Electricity rates can vary depending on where you live. The rate someone pays in one part of Texas could be entirely different from what you pay in Fort Worth, even for the same plan. This is primarily due to different utility transmission rates, which are charged by the utility company in your area. Enter your ZIP code above to ensure you are checking current Fort Worth electricity rates that are accurate for your area.