Compare Lewisville electric rates

Lewisville is a moderate-sized city in the Dallas-Fort Worth metropolitan area. The city has been one of the fastest-growing in the country over the past couple of decades. The city’s population has grown from about 78,000 in 2000 to nearly 110,000 in 2019.

Because of Texas’s deregulated energy market, Lewisville residents have the power to choose their own electricity providers. The Choose Texas Power marketplace makes it easy to shop for energy plans. Just enter your ZIP code on the screen, and you’ll see a list of the rates available in your area.

Lewisville electric companies

In 2002, Texas lawmakers voted to deregulate most of the state’s energy market and allow consumers to choose their own electricity providers. As a result, residents of Lewisville and the rest of the state can shop around for electricity. 

Some of the most popular providers available to Lewisville include:

• TXU Energy
• TriEagle Energy
• Constellation
• Gexa Energy
• 4Change Energy
• Frontier Energy
• Pulse Energy
• Direct Energy
• Reliant Energy

Lewisville residents can choose their own providers, but it’s still the local electric utility that delivers the electricity and maintains the infrastructure. They respond to power outages, downed power lines, and other problems with the electric service.

Oncor Electric Delivery and Texas-New Mexico Power (TNMP) both deliver utilities to Lewisville residents. You can contact them in the following ways:

• Call Oncor at 888-313-6862 for customer service
• Call Oncor 888-313-4747 to report an outage
• Email Oncor at contactcenter@oncor.com
• Call TNMP at 888-866-7456 to report an outage

Types of plans

Here are the types of electricity plans you can choose from when you shop around for your new energy plan:

• Fixed-rate plan: When you sign up for a fixed-rate electricity plan, you lock in supply rates for the entire life of your contract. You aren’t vulnerable to changes in the energy market. When the market goes up, you won’t see your rate go up. But the downside is that when market rates go down, you don’t get to enjoy the dip. This type of plan is best for those who prefer the stability of paying the same electricity rate each month.
• Variable-rate plan: When you have a variable-rate electricity plan, your rate could change each month. Your rate is tied to the market, meaning your rate goes up when the market rate goes up, sometimes dramatically. This type of plan is best suited to people who don’t need the stability of paying the same rate each month and are financially prepared to cover a month where prices increase significantly.
• No-deposit plan: Many electricity plans in Texas require that customers pay a deposit at the start of their plan. Many companies run credit checks, and deposits are most often required for customers who don’t have great credit. There are a couple of ways to get a no-deposit plan. You can either qualify for a no-deposit plan by having a good credit score, or you can choose a plan, such as a prepaid plan, that doesn’t require a credit check at all.
• Prepaid plan: A prepaid electricity plan is a type of no-deposit plan for customers who would rather avoid a credit check. With a prepaid plan, customers pay upfront for the amount of electricity they plan to use for the month. Because you pay upfront, you aren’t locked into a contract. If you choose this type of plan, it’s important that you have a good idea of how much electricity you’ll use for the month, so you don’t buy too much or too little.
• Green energy plan: Renewable energy is becoming increasingly popular, and more and more consumers are seeking green energy electricity plans. Because Texas is a leader in green energy, it’s easy for Texas residents to find affordable green energy plans, whether they want 100% green or just a portion of their electricity.

Lewisville electric rates in my area

Electricity rates aren’t standardized across Texas. Instead, your rate depends on where you live and the utility that services your area. The rate someone pays in one part of the state may be very different from the rate you’ll pay in Lewisville. As a result, it’s important to get a quote specific to your location.

If you’re not using Choose Texas Power, you’ll have to do a web search for “best electricity rates near me” or “cheap electric rates in my area.” Then you’d have to go through pages of results to compare plans. 

But with our marketplace, just enter your ZIP code to see a list of the plans and rates available to find the best provider for you. 

Lewisville commercial electricity rates

Don’t worry — it’s not just individuals who benefit from deregulation in Texas. Lewisville businesses also get to choose their own electricity providers. If you’re a business owner and want to learn more about commercial electricity rates in Lewisville, call the number on your screen for a quote and fill out the form on this page. 

We’ll need information about average monthly usage and more to tailor a commercial electricity plan to your needs, but the process takes only minutes.

Green energy plans in Lewisville

Texas is a leader in renewable energy. The state is tops in the nation in wind energy generation and routinely in the top five for solar energy generation. As a result, it’s easy for Lewisville residents to find a green energy plan to fit their needs.

Each Texas electricity plan has a percentage of renewable energy — you can see the specific percentage when you shop for your plan. But there are also plenty of plans that are 100% green energy. There are even companies that only offer only renewable energy electricity plans. Those companies include:

• Green Mountain Energy
• Gexa Energy
• Chariot Energy
• Iberdrola Texas

Confused about deregulation?

It can be confusing to navigate the electricity market for the first time. We’ve put together a list of sources to help you learn more:

• No-deposit electricity
• Understand your electricity bill
• Guide to choosing a provider
• How to switch providers
• The Current (our blog)

Once you’re ready to start shopping, just enter your ZIP code on the screen, and you’ll see all the plans and rates available for Lewisville residents.

Updated 3/3/2021