Lewisville electric rates

Lewisville is one of many cities in Texas featuring a deregulated electricity market. Residents and businesses in Lewisville can choose from countless plan options and rates to meet their energy needs and fit their budgets.

Choose Texas Power makes plan selection easy with a simple, all-in-one marketplace. Enter your ZIP code to start comparing Lewisville electricity rates.

Power to choose Lewisville

While deregulation can be complicated, the end result for consumers is simple. Thanks to the competition deregulation allows, you have the power to choose your own rate plan and provider from many options in Lewisville. Having energy choice can mean significant savings on your energy bills.

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. 

When you start comparing Lewisville electricity providers, you’ll find plans from a range of popular companies. Some of the most popular providers available in Lewisville include TXU Energy, TriEagle Energy, Constellation, and Gexa Energy.

Lewisville residents can choose their own providers, but it’s still the local electric utility that delivers the electricity and maintains the infrastructure. You can’t choose a different utility as it is assigned to your service address. Your utility responds 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, so your specific utility will depend on which part of Lewisville you live in. 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 Lewisville electric plans

As you look for the best electric company near you, you’ll encounter a range of plan options. Here are the types of electricity plans you can choose from:

• Fixed-rate plan: When you sign up for a fixed-rate electricity plan, you secure supply rates for the length of your contract. You aren’t vulnerable to changes in the energy market during that time, but you will face an early termination fee (ETF) if you back out before your contract ends. 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 electricity rate is tied to the market, meaning your rate goes up when the market rate goes up and down when it goes down, sometimes dramatically. The upside of these plans is that you can cancel anytime with a fee. This type of plan is best suited to people who don’t need the stability of paying the same rate each month.
• 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, though. You can either qualify for a no-deposit plan by having a good credit score, or you can choose a prepaid plan that doesn’t require a credit check at all.

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.

With the Choose Texas Power marketplace, you don’t have to do a web search for “best electricity rates near me” or “cheap electricity in Lewisville.” Just enter your ZIP code to browse a list of the plans and rates available to find the best electricity rates in Lewisville. 

Lewisville commercial energy

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 or fill out the business energy 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 top 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 find the specific percentage when you shop for your plan. But there are also plenty of plans that offer 100% green energy. There are even companies that only offer only renewable energy electricity plans, such as Gexa Energy.

Are you moving to Lewisville?

Lewisville is a moderate-sized city in the Dallas-Fort Worth metropolitan area. The city has grown quickly over the last few decades, increasing in population by nearly 18% from 2010 to 2020. If you’re one of the many flocking to Lewisville, you’ll want to secure your electricity plan and get the cheapest rate possible. Use Choose Texas Power to navigate your new energy options and compare electric rates in Lewisville.

Lewisville energy FAQs

What is a good electricity rate in Lewisville?

Good electricity rates change depending on the season and current energy demand. Lewisville electricity rates can fluctuate significantly throughout the year, so be sure to explore current rates in your area when shopping for a plan.

Where can I compare Lewisville electricity rates?

Choose Texas Power is an independent, free marketplace that makes it easy to compare Lewisville electric plans and rates and sign up in one simple process. Enter your ZIP code to get started.

How do I find the best electric plan in Lewisville?

Before you determine the best plan or Lewisville electricity provider for you, it’s important to nail down your energy priorities. Some providers offer 100% green energy plans, while others specialize in prepaid plans. Decide on your top priorities and filter your search results to fit.

How can I lower my electricity bill in Lewisville?

To lower your energy bills, start by finding ways to make your home more energy efficient. Installing high-efficiency appliances can go a long way, but you can also make simple changes like reducing HVAC use, unplugging unused appliances, and switching to LED light bulbs.