Denton electricity rates
Like customers throughout Texas, Denton residents and businesses have the power to choose their own electricity plan. While this process can be overwhelming, the SaveOnEnergy marketplace is a helpful tool with which you can easily compare electric companies in Denton and save on your energy bills. To start comparing Denton electricity rates, enter your ZIP code today.
Today’s Denton lowest energy rates
Your power to choose your provider in Denton
In deregulated markets like Denton, a single utility company no longer has the monopoly over energy plans and pricing. Numerous energy companies are free to compete for business, and consumers can benefit by choosing better rates and plan features that suit their needs.
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Average residential energy rate in Denton, TX
Texas offers lower electric rates than most states, with the latest average price being 15.6 cents per kilowatt-hour (kWh), according to the Energy Information Administration (EIA). This rate is 8.3% lower than the national average of 17.01 cents per kWh.
In Denton, electricity rates are structured based on usage in kilowatt-hours (kWh). For residential consumers, the average purchase price at each usage level is as follows:
- 19.95 cents for 500 kWh.
- 14.18 cents for 1000 kWh.
- 15.72 cents for 2000 kWh.
How to find the best electricity rates in Denton
Electricity rates in Texas are constantly rising and falling due to seasonal changes in energy demand. However, SaveOnEnergy can help you find an affordable plan that fits your needs at any time of year. Our marketplace features plans from the top providers in the industry, ensuring that you find the best option for your family or business. Here’s how it works:
- Explore plans and pricing near you: Submit your ZIP code at the top of the page to start your search. From there, you can use our filters to tailor the results and find the right plan for you.
- Complete the signup process: When you’ve settled on a plan, you can sign up online within minutes. If you need help or have questions, reach out to one of our energy experts by calling the number on your screen.
- Enjoy your new plan: Your new energy company will manage the transfer process, and your switch should take effect in as little as five days. Some providers even offer same-day service.
Cheap energy prices in Denton
As we’ve mentioned, Denton’s electricity rates tend to fluctuate throughout the year. You will notice how prices rise and fall in the following chart, which uses data from the Energy Information Administration (EIA). If you’re interested in finding the cheapest rate, it’s best to shop for a new plan during periods of reduced demand (such as spring or fall).
Energy providers and utility companies in Denton
In deregulated cities like Denton, you’ll purchase power from an electricity provider (also called a retail electricity provider or REP). These companies generate energy that you use at your home or business. However, electricity is delivered to your property by your local utility company. Your utility is also in charge of restoring power during outages and fixing damaged power infrastructure.
- Utility company in Denton: In Denton, the utility is Oncor Electric Delivery. This company is assigned based on where you live, you can’t choose a different utility.
- Denton electricity providers: On the other hand, you’re free to choose from several REPs that serve your area. Some of the top electricity companies in Denton include Constellation Energy, Direct Energy, and TXU Energy.
Power outages in Denton
If the power goes out, make sure to contact your utility company — not your REP. Your utility is responsible for restoring electricity and overseeing the local power infrastructure.
Electricity rates in my area
The SaveOnEnergy marketplace offers a simple, streamlined way to find the best electricity plans in Denton. You can compare electricity rates in Denton from numerous providers — all in one place.
When you’re shopping for energy plans, it’s important to make sure the rates are specific to your local area. Electricity rates vary from region to region due to differing utility transmission charges. SaveOnEnergy uses your ZIP code to help you access accurate, local Denton electricity rates.
How weather affects Denton electricity rates
Denton is known for its high summer temperatures and moderate winters. As a result, demand for electricity rises during the hottest months of the year where it can reach up to 90 degrees. At the same time, the energy demand tends to decrease during the winter when temperatures become milder.
For the best deal, we recommend shopping for Denton electricity plans during periods of reduced demand. In other words, you’re more likely to find cheap electricity in Denton during the stretch from late fall through early spring.
Types of plans in Denton
When you explore options from electric companies in Denton, you’ll find various plan types to consider. You can find out more about these plan options below or in our guide to picking a plan. Still have questions? Reach out to a SaveOnEnergy representative at the phone number on this page.
Fixed-rate plans in Denton
When you choose a fixed-rate plan, you’ll get a guaranteed electricity rate for the length of your contract, which usually lasts 12–36 months. These types of plans are ideal if you prefer a more stable, predictable energy bill. However, if you end your contract before it’s up, you may have to pay an early termination fee (ETF).
Variable-rate plans in Denton
Variable-rate plans are the opposite of fixed-rate plans. They’re month-to-month agreements (with no contracts), so you’re free to cancel whenever you’d like. However, they don’t come with a set electricity rate, so the rate you pay will vary each month depending on the current price of energy.
No-deposit plans in Denton
Many customers prefer to avoid having their credit checked or paying an upfront security deposit when they start new electricity service. No-deposit plans allow you to avoid both. These Denton electricity plans are typically prepaid, meaning you pay for your energy ahead of time and refill your balance as you go.
Green electricity in Denton
Because the Lone Star State is a leading producer of wind and solar power, green energy plans are popular in Texas. In fact, all electricity plans purchased in the Lone Star State contain some renewable energy, and you can find this information on your plan’s Electricity Facts Label (EFL). Plus, specialty provider such as Green Mountain Energy and Gexa Energy sell 100% green plans.
Business energy plans in Denton
Homeowners and renters aren’t the only ones who can take advantage of deregulated energy. If you’re a business owner in Denton, you can work with SaveOnEnergy to create a customized energy plan for your commercial operations. To learn more, visit our business energy hub and explore business electricity rates in your area.
Calculate your energy usage in Denton
Understanding how much energy you use in an average month is the first step to taking control over your energy costs. Our energy calculator can provide an estimate of your energy consumption based on your home type and appliance usage.