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Written by Luke Daugherty/
Edited by Jamie Cesanek /
Last updated 02/09/2023
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You have plenty of great options to choose from if you’re looking for an electricity plan in DeSoto, Texas. That’s because residents and businesses in this city enjoy a deregulated electricity market, which allows them to choose their own plans and rates based on their needs and budget.
The SaveOnEnergy marketplace simplifies this process by providing a one-stop shop to compare plans, shop rates, and sign up online. Enter your ZIP code to get started.
With electricity rates fluctuating regularly, finding the best one can be challenging. Our online marketplace features a range of options, such as green energy and contract-free plans. To sign up for a plan, follow three simple steps:
Various factors influence energy prices in Texas, which means rates can change frequently. The following chart includes data from the Energy Information Administration (EIA) showing how much prices can fluctuate over time. No matter when you shop for a plan from electricity companies in DeSoto, SaveOnEnergy can help you find a cheap rate.
In a deregulated market, it’s important to understand the two key players involved in providing energy to your home or business: utility companies and electricity providers. The utility manages the power grid in your area, which includes delivering energy to your home and restoring power when there’s an outage. Meanwhile, the electricity supplier sells energy to you through an electricity plan.
When the power goes out at your home or business, the utility company is responsible for correcting the problem and getting you back online. Contact your utility during a power outage, not your light company.
Utility companies charge different rates to transmit electricity to different areas. As a result, your electricity plan may have different rates from someone in another city, even for the same plan.
When you shop for plans, search for electricity rates near you. Enter your ZIP code to get the most accurate and up-to-date prices from light companies in DeSoto.
Weather is one of the biggest factors behind fluctuating energy rates. In DeSoto, where summers are hot and winters are chilly, energy demand rises during peak seasons. That leads to higher rates, and it may not be best to shop for a new plan at those times. If you’re looking to switch electricity plans, fall and spring are usually the ideal times to find cheap rates. Check your current plan to see if you’re under contract, as you may have to pay an early termination fee (ETF) to switch plans.
When you compare plans on the SaveOnEnergy marketplace, you’ll encounter a variety of options. We’ll go over the basics of each, but you can find more details in our guide to picking a plan. Feel free to call our experts at the number on your screen anytime — they’re happy to answer questions and guide you through the switching process.
Fixed-rate plans provide price stability for your long-term energy budget. You’ll sign a contract, usually for 12–36 months, and your rate will stay the same for the entire term. The downside of these plans is that you’ll have to pay an ETF if you cancel your service early without moving out of your provider’s service area.
If you’d rather have the flexibility to switch plans anytime, you can opt for a variable-rate electricity plan. These plans don’t include a contract, and you can change services whenever you’d like. Keep in mind, though, that your rates can fluctuate from month to month.
Establishing service with a new provider typically requires a credit check. If your score doesn’t meet that provider’s standards, you’ll likely have to pay a deposit as insurance in case you fall behind on payments. Look for no-deposit plans if you want to avoid the deposit and credit check entirely. You can pay for your electricity service up front, as you go.
Texas is a national leader in wind power generation and among the top five for solar generation. Thanks to this commitment, every energy plan in the state includes a portion of green energy, which you can find on the Electricity Facts Label (EFL). Some electricity companies in DeSoto, such as Gexa Energy, offer plans sourced from 100% green energy.
Businesses in DeSoto also have the power to choose their own electricity plans and rates. Fill out our business energy form to talk to one of our experts about a customized solution for your business.
When comparing electric plans, you may find that some have better rates if you meet certain monthly usage thresholds. Knowing your typical consumption can help you pick the right plan. You can use our energy usage calculator to estimate your typical monthly demand.
Every resident or business has their own definition of the best energy plan. For some, it may come down to the flexibility to change plans easily. For others, long-term rate predictability is key. You may even want a 100% green energy plan. Determine your priorities so you can find the best plan for you.
This stands for kilowatt-hour, which is the standard measurement for electricity usage. You’ll find your rate listed in cents per kWh.
Cheap rates vary depending on the season and energy demand levels. During a low-demand season, rates might dip below 10 cents per kWh, while they may get much higher during high-demand times. Enter your ZIP code to compare today’s rates and find a cheap plan that works for you.
To find green energy plans in your area, enter your ZIP code. Then, filter your results by green energy and compare 100% renewable options.
Enter your ZIP code to get started