Lewisville electricity rates
Lewisville electricity rates typically range from 10.5¢ to 22¢ per kilowatt-hour (kWh) for residential customers. Based on the past 12 months of Texas Electric Rates data, the average electricity rate in Lewisville is 16.06¢ per kWh for the typical usage of 1,000 kWh.
Electricity rates in Lewisville can vary depending on a number of factors, including:
- Location: Local utility companies charge transmission and delivery fees for your electricity, and these costs can vary by location. Enter your ZIP to find accurate rates for your Lewisville area.
- Usage: The amount of electricity you use each month can affect your rate. Most Texas homes use between 500 and 2,500 kWh of electricity per month.
- Plan length: Fixed-rate plans have a set length, which can impact your electric rate. Most plans last between 12 and 36 months, but you can also find shorter options.
Texas Electric Rates is here to help Texans on their path to energy choice. Enter your ZIP Code to figure out which plans are available in your part of Lewisville.
Shop Lewisville electricity plans
Tips for finding cheap electricity rates in Lewisville
In Texas, energy is deregulated. This means that providers get clever with how they present rates to customers to try to show the lowest rate. You can shop with free sites like Texas Electric Rates to find the best rates and learn more about offers.
Our shopping tips:
- Shop for a fixed-rate plan: In most cases, fixed-rate plans are the best option for customers. Fixed-rate plans offer stability because your rate doesn’t change during the contract.
- Consider switching in late fall: Late fall is usually moderate in Lewisville, which can lead to lower electricity rates. Milder seasons are typically the best times to shop for a new rate.
- Check the plan details: Before signing up, read the plan’s Electricity Facts Label (EFL) to understand the price per kWh, renewable energy percentage, and early termination fees.
Top plan rates & features breakdown
In Lewisville, your electricity utility provider is Oncor Electric Delivery or Texas-New Mexico Power (TNMP). Below are some of the top plans available for residents with Oncor or TNMP.
Gexa Eco Saver Plus 12
Overview: Enjoy a fixed electricity rate with this 100% renewable plan from Gexa Energy.
Early termination fee: $150 (Note: This fee will not be charged if you end your contract early because you are moving out.)
Features:
- Fixed-rate energy plan with a 12-month contract
- 100% renewable energy
- $100 usage credit each month you use at least 1,000 kWh
- 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Gexa Eco Saver Plus 12 EFL
Flash 12
Overview: This fixed-rate plan from Express Energy is one of the cheapest electricity plans in Lewisville.
Early termination fee: $20 per month left on your contract (Note: This fee will not be charged if you end your contract early because you are moving out.)
Features:
- Fixed-rate energy plan with a 12-month contract
- $100 bill credit each month you use 1,000 kWh or more
- 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Flash 12 EFL
Frontier Saver Plus 12
Overview: This Frontier Utilities plan comes with a fixed rate and a bill credit for usage over 1,000 kWh.
Early termination fee: $150 (Note: This fee will not be charged if you end your contract early because you are moving out.)
Features:
- Fixed-rate energy plan with a 12-month contract
- $100 usage credit each month you use at least 1,000 kWh.
- 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Frontier Saver Plus 12 EFL
Lewisville electricity providers
Currently, 4Change Energy and Express Energy are the providers with the lowest rates in Lewisville.
To find the best rates, enter your ZIP code to use Texas Electric Rates’ free comparison tool.
Your electricity rate breakdown
Before you compare electric plans in Lewisville, you should familiarize yourself with some common energy industry terms (like the ones below). Many of these terms will appear on your electricity bill each month. If you have questions or want to have this information explained by an expert, call us at the number on your screen.
What you need to know:
- Usage amount: This is how much energy you use, measured in kWh. Plans often have different rates depending on your usage level.
- Rate: This is the price you’ll pay for electricity, as determined by your energy provider. It will be listed on your electricity bill and EFL. Your energy rate will include a base charge (a flat monthly fee) and an energy charge (rate per kWh used).
- Delivery charge: Also called a TDU or TDSP charge, this is the fee your utility company charges to deliver electricity to your property. The delivery charge also includes a base charge and a usage charge.
- Bill credit: If you use a certain amount of energy in a billing cycle, some electricity providers reward you with credit to apply to future energy bills — also known as bill credit. 4Change Energy, TXU Energy, and Cirro Energy are a few of the power companies with bill credits on their plans in Lewisville.
- Early termination fee: Many electric companies in Lewisville charge early termination fees (ETFs) if you cancel a fixed-rate plan or change providers before your contract is up. However, they’ll waive the fee if you end your contract because you’re moving outside the service area.
- Deposit: Many energy providers perform a credit check when a customer signs up for a plan. If your credit score doesn’t meet their requirements, you’ll usually have to pay a deposit, which provides some financial protection to the power company if you fail to pay your bill. Providers generally return the deposit after a year — as long as you’ve made all of your payments on time. You can skip the credit check and avoid a deposit by signing up for no-deposit plan.
Let us help make energy easier
We created Texas Electric Rates to be a simpler, less confusing experience for Texans shopping for an energy plan. We know that plan options are overwhelming, so we’ve combined straightforward guides with a customizable marketplace to help you narrow down the options. We work with top providers across the state to give you access to the best selection possible in one place. Learn more:
