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Key Points
- Find the cheapest electricity rates in Lewisville from Gexa Energy, 4Change Energy, and Frontier Utilities.
- The lowest energy price in Lewisville on the SaveOnEnergy marketplace is currently 10.4 cents per kWh.
- Deregulation lets you choose your energy company from a range of available providers. SaveOnEnergy can help you find the best energy plan today.
Your power to choose Electricity in Lewisville
The Lewisville energy market is deregulated, meaning customers can select their energy provider from a wide range of companies. This process is different from regulated energy markets, which require customers to purchase a plan from a single utility. Deregulation encourages competition between energy providers, often leading to cheaper Lewisville electricity rates and better plan options.
SaveOnEnergy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
Average residential rate in Lewisville, TX
In Lewisville, electricity rates are structured based on usage in kilowatt-hours (kWh). For residential customers, the average purchase price at each usage level is as follows:
- 21.6 cents for 500 kWh
- 16.2 cents for 1,000 kWh
- 17.6 for 2,000 kWh
Cheapest residential rate in Lewisville, TX
The current cheapest electricity rate in Lewisville is 11.2 cents per kWh on the SaveOnEnergy marketplace, which is approximately 23% lower than the state average. Presently, Gexa Energy, 4Change Energy, and Frontier Utilities offer the most affordable electricity rates for the 1,000 kWh usage tier in Lewisville. You might also find competitive energy rates with providers such as:
It’s important to note that the lowest energy rate may not always be the most suitable for your needs. Providers typically advertise electricity rates for the 1,000 kWh usage tier. If your monthly energy consumption varies significantly, you may find another plan better suited to your requirements. Simply enter your ZIP code and filter plans based on your electricity consumption to find the most suitable option.
Top Lewisville electricity companies
Deregulation gives you the freedom to choose your energy provider. Electricity companies sell energy to customers and handle everything related to billing. SaveOnEnergy partners with the best energy providers in Lewisville to help residents and businesses access cheap electric rates and high-quality energy service. You can enter your ZIP code and browse current rates and plans from some of the top Lewisville energy providers, including TXU Energy, Cirro Energy, Reliant Energy, and many more.
Lewisville utility company
While you have the liberty to choose your energy provider, your utility company is predetermined by your location. Your local utility is responsible for delivering electricity to your residence, maintaining electrical infrastructure, and restoring power during outages. Oncor Electric Delivery serves as the primary utility company in Lewisville, although some ZIP codes in the city fall under AEP Texas or Texas-New Mexico Power (TNMP) territories.
If you encounter a power outage in Lewisville, reach out to your utility company to report the outage and obtain updates on service restoration. Visit your utility’s page to access contact information.
How to find the best electricity rates in Lewisville
Electricity rates often fluctuate throughout the year, with prices tending to spike when energy demand is at its highest, usually in the summer and winter. To stay ahead of these rising and falling rates, it helps to use a tool that lets you compare electric rates in Lewisville from multiple providers. Here’s how to use SaveOnEnergy for that purpose.
- Compare rates in your area. Get started by typing in your ZIP code on this page. Then you can sort and filter based on features like plan type, term length, and provider.
- Sign up easily. Found your ideal plan? The online signup process only takes a few minutes. You can also call one of our energy experts at the phone number listed on your screen.
- Start saving. Once you’ve finished signing up, your new power company will handle the rest. There’s no need to contact your old provider or utility company, so you can sit back and celebrate your savings.
Moving or switching providers in Lewisville
Whether you’re moving to Lewisville for the first time or have lived in the area for years and want to switch providers, SaveOnEnergy can help. You can use our free marketplace to browse and compare Lewisville energy plans and sign up for service.
Moving to a new address
If you are moving to Lewisville, you can transfer your current energy plan to your new home if your provider serves the area. If you are moving outside of your current provider’s service area, you can provide proof of your new address and cancel your service without paying an early termination fee (ETF). Then you can use the SaveOnEnergy marketplace to explore current energy prices and plans available for your new home.
Switching energy providers
You may want to switch energy providers if you are unhappy with your current plan or want a cheaper electricity rate. Before you switch, check whether your plan charges an ETF. You can use our marketplace to compare plans and providers. If you find a plan that you like, we can guide you through the switching process and get you signed up for your new plan in minutes.
Types of plans in Lewisville
With so many plan options to choose from, the terminology can get confusing. However, there are a few basic plan types you should know about to make your search easier. We’ve outlined some of the most popular options, with more information available in our guide to picking a plan. For any questions, call the number on this page to speak with one of our energy experts.
Fixed-rate plans
A fixed-rate energy plan secures a rate for the duration of your plan (generally 12, 24, or 36 months). As long as your plan is still active, you won’t face a higher rate when energy demand spikes. This is ideal if you’re looking for a predictable rate you can budget into your monthly expenses. However, you will likely need to pay an ETF if you cancel your plan before it ends.
Variable-rate plans
Your rate fluctuates in line with the wholesale energy price on a variable-rate plan. When demand is low, your rate will be cheaper, but when it’s high, your rate will increase. You don’t have to take out a contract with a variable-rate plan, so you can switch at any time without paying an ETF.
No-deposit plans
When applying for a new energy plan, many providers typically conduct a credit check. If your credit score doesn’t meet their criteria, you might be asked to pay a deposit. An alternative to this process is signing up for a no-deposit plan, which eliminates the need for a credit check or deposit. A popular option within this category is a prepaid energy plan, where you pay for your electricity upfront and can top up your account balance as necessary.
Green electricity
As Texas leads in renewable energy generation, including sources like wind and solar power, residents in the state have numerous options to choose green electricity plans. In Lewisville, providers such as Gexa Energy and Green Mountain Energy offer 100% green energy plans. These plans enable customers to offset their carbon footprint through the purchase of renewable energy credits (RECs).
Business energy plans
Deregulation extends to both residential and commercial properties. If you own a business in Lewisville, SaveOnEnergy can collaborate with you to create a tailored energy plan based on your company’s requirements and budget. To begin this process, visit our business energy hub or contact us via the phone number displayed on your screen.
SaveOnEnergy’s tips for easy electricity service setup
- Don’t forget to read your plan’s Electricity Facts Label before signing up. It contains important information including:
- Price per kilowatt-hour based {kWh) on your energy usage
- The plan’s percentage of renewable energy sourcing
- Early termination fees
- Let your provider handle the setup. Once your order has been confirmed, your new supplier will set up service with your utility, or transmission and distribution service provider (TDSP) – but don’t worry, there shouldn’t be any interruption to your power during the switch.
- Understand your electricity bill. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees appear as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.
Learn more about how deregulated energy works
Lewisville energy FAQs
The most affordable electricity rates currently available in Lewisville on our marketplace are provided by Gexa Energy, 4Change Energy, and Frontier Utilities. Please keep in mind that energy prices are subject to frequent changes, so it’s advisable to enter your ZIP code and review the current rates in your area today.
To select an electricity provider in Lewisville, you can compare different energy companies on our marketplace to find one offering the best Texas electricity rates that suit your requirements. Upon entering your ZIP code, you can refine the search results by a specific provider. Alternatively, you can learn more about our collaboration with energy companies on our provider hub page.
You can reduce your utility bill by lowering your energy consumption. Simple steps like turning off appliances when not in use, investing in energy-efficient appliances, or monitoring your energy usage to identify areas for improvement can help. Additionally, consider researching energy providers in Lewisville with lower rates compared to your current plan.
The abbreviation kWh stands for kilowatt-hours, which is a unit of measure for the amount of energy consumed in your home or business. Your monthly electricity bill will typically display the energy usage in kWh.