Compare Fort Worth Electric Rates
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Fort Worth electricity rates

The current average residential electricity rate in Texas is 14.20 cents per kilowatt-hour (kWh), as reported by the latest update from the Energy Information Administration (EIA) in June 2023. Texas electricity prices have increased by about 7% since June 2022. However, because of the deregulated energy market, customers have the power to choose from a range of Fort Worth energy providers who are competing to offer you the lowest price. The lowest price on the Choose Texas Power marketplace is 12.4 cents per kWh, which is about 13.5% lower than the average Texas rate.

We know comparing energy plans in Fort Worth across multiple electric companies can be confusing. That’s why we offer the free Choose Texas Power marketplace to compare rates and locate the best energy companies near you. We work with reputable electricity companies in Fort Worth to help you. Enter your ZIP code to get started.

Fort Worth power rates comparison

Express Energy - Flash 24 24 months $0.111 / kWh
4Change Energy - Maxx Saver Select 12 12 months $0.111 / kWh
Frontier Utilities - Frontier Saver Plus 12 12 months $0.111 / kWh
Gexa Energy - Gexa Eco Saver Plus 12 12 months $0.111 / kWh
Flagship Power - Galleon1000 22 22 months $0.113 / kWh
Cirro - Smart Value 24 24 months $0.129 / kWh
TriEagle Energy - Real Deal 24 24 months $0.135 / kWh
TXU Energy - Smart Edge 12 12 months $0.135 / kWh
Reliant - Power Savings 24 24 months $0.135 / kWh
Discount Power - Wise Buy Basic 24 Online 24 months $0.147 / kWh
Direct Energy - Live Brighter Lite 24 24 months $0.149 / kWh
Ohm Connect - Smart Savings Unlocked 21 21 months $0.150 / kWh
Pulse Power - Texas Fixed 36 36 months $0.156 / kWh
Rhythm Energy - Clear Choice 16 16 months $0.156 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.158 / kWh
Constellation - 12Mo Usage Bill Credit + A/C Protection for 2 Units and HVAC Diagnostics 12 months $0.159 / kWh
Payless Power - Rate Lock 6 - Prepaid Plan 6 months $0.182 / kWh

Please note: All rates above are accurate as of 9/28/2023, 6:48:21 PM CDT for ZIP Code 76102. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Power to choose Fort Worth

The term “power to choose” describes the ability for customers in a deregulated market to select their electricity provider from a multitude of quality energy companies. Instead of having to buy from your local utility, you have the power to find a Fort Worth electricity rate, plan, and provider that works for your needs and budget.

When is the best time to shop for energy in Fort Worth?

The National Oceanic and Atmospheric Administration (NOAA)  forecasted the possibility of above-average temperatures from now until November for the majority of Texas. The record-breaking heat wave in the Lone Star State has increased demand and current electricity prices.

It’s best to shop for energy plans during spring, fall, and winter when temperatures are more moderate to avoid the high electric rates this summer in Fort Worth. Enter your ZIP code to find affordable electricity rates in Fort Worth at any time of the year.

How to find the cheapest electricity rates in Fort Worth

At the time of writing, 4Change Energy, Gexa Energy, Frontier Utilities, and Express Energy offer the lowest rates in Fort Worth at 11.1 cents per kWh. If you currently pay the average Texas rate, you could receive around $30 in savings on your monthly electricity bill (based on 1,000 kWh of monthly usage) by switching to an affordable Dallas electricity plan on our marketplace. Find the cheapest electricity near you by entering your ZIP code today.

Are Fort Worth electricity prices increasing?

In short: They might be. The Energy Information Administration (EIA) reported that electric rates in the U.S. increased from 15.40 cents per kWh in June 2022 to 16.11 cents per kWh in June 2023, with electricity bills rising by 14% over 2022. However, the EIA anticipates that electricity prices may decline during 2023 and 2024.

Finding an electricity plan that fits your budget can be difficult during the summer. As temperatures have increased during this year’s extreme heat wave, electricity rates in Fort Worth have also spiked. However, they will likely begin to decline as temperatures decrease this fall. 

Choose Texas Power allows you to compare electricity rates in Fort Worth from lowest to highest to help you find the best energy plan and rate for you. Enter your ZIP code to start the process today.

Fort Worth electric companies

Most of Texas has a deregulated energy market, meaning energy customers have the power to choose their electricity company in Fort Worth (also called retail electric providers or REPs). Residents in the Fort Worth area have a range of electricity companies to select from, and Choose Texas Power can help you choose electric rates that work for you.

Electricity providers are responsible for offering electric plans, bills, rates, and customer service. On our marketplace, you will find plans from reputable energy companies in Fort Worth, including 4Change Energy, Frontier Utilities, and TXU Energy. You can choose your energy companies but cannot change utility companies

Your address determines your utility. Utility companies deliver electricity to your home through power lines and transformers. The utility is also responsible for maintaining electrical equipment, restoring power during outages, fixing downed electrical lines, and responding to other emergencies related to the grid. In Fort Worth, the utility company is Oncor Electric Delivery.

Types of electric plans

When you use our marketplace to compare power plans in Fort Worth, you’ll likely encounter the following options: 

  • Fixed-rate plans: Often, these plans provide the most affordable prices because your rates remain the same throughout your contract, offering the most stability for your budget. If you cancel your electricity plan early to switch electricity companies, you may have to pay an early termination fee (ETF). Enter your ZIP code to find a fixed-rate electricity plans from a cheap electric company in Fort Worth.
  • Variable-rate plans: These plans may start with a low rate but can change with market price fluctuations. You can switch plans easily with a variable-rate plan because you’re not under contract with your electricity supplier.
  • No-deposit electricity plans: Electricity companies might conduct a credit check before starting a new electricity service. With a no-deposit electricity plan, such as a prepaid plan, you bypass this step and pay as you go for energy service. When your balance runs out, your supplier notifies you to add more funds.
  • Time-of-use plans: If you have a time-of-use plan, your rates will be based on the times you use the most energy. More electricity usage during peak periods of the day and on weekdays can increase your monthly electricity bill. You can take advantage of lower electric rates if you use most of your electricity at night (11 p.m.–7 a.m.) and on weekends and holidays.
  • Renewable energy plans: Every Texas electricity plan features renewable energy. Gexa Energy and Green Mountain Energy exclusively sell 100% green plans, often at affordable rates.
  • Indexed rate plans: These plans feature electricity rates that fluctuate similarly to variable-rate and time-of-use plans. However, your rate will be determined by an algorithm based on an energy commodity index, which tracks market trends of products influencing electricity, like natural gas and petroleum. 

How to switch electricity providers

If you’re in the process of searching for a new provider, the Choose Texas Power marketplace is the best place to compare rates and sign up for plans in your area.

Compare cheap energy rates and plans

It’s important to explore cheap electricity rates in Fort Worth by ZIP code to ensure you receive the most accurate results. You can explore rates from lowest to highest and filter the results by specific features, providers, rate types, and more.

Go over the details of the plan

When you find a plan that fits your needs and budget, review the plan’s Electricity Facts Label (EFL) to make sure you are happy with the terms of the contract. The EFL will explain the details and fees of your plan.

Sign up and enjoy your new electricity service

After choosing a plan, you can sign up easily through our online marketplace. Your new Fort Worth electricity provider and your utility will work to make sure your electricity is set up quickly and without interruption. Some providers even offer same-day electricity, in which your electric company will connect your power on the same day you sign up.

Electric rates in my area

Utilities charge customers transmission fees for supplying energy to their homes. These fees are specific to the service area. What one customer pays in one area of Fort Worth may be very different from another consumer in another area. You can use your ZIP code to explore plans and compare rates near you in Fort Worth. 

Commercial electricity rates

Residents aren’t the only Fort Worth electricity customers who can take advantage of the power to choose. If you are searching for Fort Worth business electricity plans, you can also use our marketplace to find the best electricity company near you. We offer comparisons of the best Fort Worth business electricity providers, plans, and rates in your area. Fill out our commercial electricity form or contact our energy specialists at the number on your screen to explore plans from cheap electricity companies in Texas today.

Green energy plans

Texas is a national leader in the renewable energy industry. The Lone Star State ranks first in wind energy production and second for solar power generation.

Every electricity plan in Texas offers some percentage of renewable energy. Check your plan’s EFL to find the exact percentage of renewable energy.

Since green energy is so prevalent in Texas, it’s easy for residents to find 100% green electricity plans. Some Fort Worth providers exclusively offer 100% green plans. Gexa Energy is one such provider in Fort Worth.

Are you moving to Fort Worth?

With over 935,000 residents, Fort Worth is a lively city known for landmarks like the Fort Worth Stockyards and the Chisholm Trail. Fort Worth is the fifth-largest city in Texas, which means there is a strong sense of competition among energy companies. They offer attractive rates for residential electricity and business electricity customers. If you are moving to this city, you can use the Choose Texas Power marketplace to find and sign up for the best electricity rates in Fort Worth.

Fort Worth energy FAQs

Who has the cheapest electricity rates in Fort Worth, Texas?

At the time of writing, 4Change Energy, Express Energy, Gexa Energy, and Frontier Utilities also offer some of the cheapest electricity rates in Fort Worth. Prices are subject to change, so if you find an affordable rate on the Choose Texas Power marketplace, secure it so that you aren’t as impacted by the high electricity rates caused by the intense wave this summer.

How can I choose a Texas electric provider?

The Texas electricity provider for you will depend on several factors. Consider plan term length, price, additional plan features, kWh usages, and provider history when you switch electric plans to ensure you’re happy with your Fort Worth electricity company. You should also determine if the provider offers the specific type of plan you want, such as renewable energy or no-deposit electricity in Texas.

What is the average electricity bill in Fort Worth, Texas?

Your electricity bill in Fort Worth will depend on several factors, such as your average electricity use and the provider you choose. However, the average Texas electricity bill is $155.35, with an average rate per kWh of 14.20 cents.

What is the official Texas power to choose website?

PowerToChoose.org offers Texas electricity plans, but ChooseTexasPower.org offers a unique, unbiased comparison among plans that allows you to choose electric rates wisely.

What is a good kWh rate in Texas?

Finding a great rate in Texas depends on the time of the year. Rates in Texas generally decline as demand decreases due to milder weather. This makes seasons like spring, fall, and even winter better times to shop than hot Texas summers, when demand often spikes.

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