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Find the Best Electricity and Natural Gas Rates in Fort Worth

With tremendous fields of natural gas and the largest amount of wind-generated electricity in the nation, we all know everything is bigger in Texas. But your electric bill doesn’t have to be. Have confidence in your energy choices by relying on our energy professionals years of experience.

Price To Compare makes it easy to compare electricity rates in Fort Worth, Texas and make the smartest choice for your home. Own a business, too? You can get a free quote on commercial energy rates and keep the bottom line low on your electricity or natural gas bill.

Fort Worth, TX Electricity Prices

With the most competitive rates on the market, 90% of Texas residents are serviced through a deregulated energy market. Since 2002, most Texans gained the power to choose a Retail Electric Provider (REP). This has pros and cons for the Lone Star state. It means sorting through energy providers is complicated and overwhelming. But we’re here to simplify things.

With our easy-to-use energy marketplace, you can find and compare electricity rates in Fort Worth quickly, so you can switch electricity providers in less than 5 minutes! Search your Fort Worth zip codes here.

Average price of residential electricity in Fort Worth:

12.28 ¢ / kWh

Pro Tip: Have your current electric or natural gas bill handy to compare suppliers and rates.

(updated February 2021 with most recent data available)

U.S. Energy Information Administration

Compare Top Green Energy Plans in Fort Worth

Save on “green” while you go green! Texas has one of the most abundant supplies of renewable resources in the United States - and we’re here to help you find the best green energy prices on the market. Making great energy choices is a breeze!

Let’s look at the state’s green energy production. With a constant westerly wind, Texas is first in the nation for wind-powered energy generation. In 2014, it outstripped nuclear generation and by 2020, it had more than doubled the combined production of both the state’s nuclear plants. Enjoy locally generated Fort Worth Wind power/energy. Price To Compare can connect you to highly competitive renewable energy plans for Fort Worth.

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Keep Your Fort Worth Business Electricity and Natural Gas Rates Lower

Need a better energy rate for your Fort Worth commercial electricity? Price To compare can help. With 40,000 businesses serviced nationwide, we can leverage our networks to negotiate a price that cuts your energy bill by as much as half the average commercial energy rate. You can plan with certainty that you have the best available fixed-rate plan on the market.

Researching energy companies, rates, and plans can be time consuming and frustrating. Let our dedicated energy professionals handle the heavy lifting of sorting through the complex energy market so you can focus on your business.

Save on the bottom line of your business energy bill and get closer to your other business goals. Stop overpaying for electric or natural gas, and find savings with us today!

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Suppliers and Utilities

Fort Worth Electric Suppliers

Did you know that there are more providers in Texas than anywhere else in the U.S. due to the deregulated energy market? Also called energy providers, they’re responsible for either generating or purchasing electricity before selling it to you. Here are some of the most popular ones.

Fort Worth Utility Companies

Now don’t get confused. Your energy provider and utility company are two different things. Texas utility companies are responsible for managing and distributing the energy produced by suppliers.

For instance, the utility company must ensure the power reaches your home by installing and maintaining electricity and natural gas lines. They’re also in charge of responding to power outages.

While dozens of REPs service Fort Worth, the single utility company here is Oncor.

Deregulation

About Energy Deregulation in Fort Worth

Because Texas is the only state that is fully deregulated for electricity, homeowners have the power to choose their electricity provider - and they have more choices than the day is long.

While 30% of the state is still vertically integrated - meaning the generation, transmission, and retail sectors are still connected - the remaining 70% of the state is required to opt into their default electric provider or choose a competitive Retail Electric Provider (REP).

The Fort Worth residential electricity market became deregulated following the approval of Texas Senate Bill 7 on January 1st, 2002. With this bill also came the Electric Utility Restructuring Legislative Oversight Committee, which was designed to aid in the integration of the new law. The implementation of deregulation was then staggered over the following years.

Since 2002, around 40% of homeowners and other residential consumers in deregulated communities have chosen to switch electricity providers in Fort Worth and saved more on their home energy costs. Make the best of your power to choose your energy company, source and plan. Sound complicated? Keep it simple with Price To Compare.

Natural gas, however, remains deregulated for commercial and industrial energy customers only.

Pro Tip: Always call your utility company rather than your energy provider in a power emergency.

Shop Electricity Plans in Fort Worth

One million residents live and work in Fort Worth and deserve cheap, reliable electricity. Today, the average price of residential electricity in the Lone Star state is 12.74 cents/kWh. Energy costs change regularly, so let’s walk through the types of energy plans offered in Fort Worth and find the one that’s right for you.

Fixed-Rate Electricity Plans in Fort Worth: Fixed electric rates are locked in through a contract, keeping your rate consistent regardless of the current electric rate. While the wholesale cost of electricity varies, these plans help keep your budget predictable and affordable, giving you the energy security you need.

Variable-Rate Electricity Plans Fort Worth: These rates are determined by the current state of the energy market. You get a cheaper rate when energy is abundant but pay higher rates in times of high demand or low production. These plans offer the flexibility of no contract but are high in risk.

Pre-Paid Plans: Using a smart meter, the customer pays puts money into an account. Then the provider adjusts the account as energy is used. When the balance runs low, the consumer adds additional funds to an online account and no contract is required.

Pro Tip: Most often, residents prefer fixed rate plans. We can help you avoid nasty cancellation fees, rate hikes, minimum usage fees, and peak energy use times—basically being overcharged for turning the lights on. Every day, our energy experts consider all of these factors and more.

Green Energy Plans: Texas has one of the most abundant supplies of renewable resources in the United States. While you compare electricity rates in Fort Worth, Texas consider you’ve got inspiring energy choices. Price To Compare can show you the best one!

Wind, solar, biomass, geothermal, or hydroelectric, our powerful network connects you to the energy technology of your choice. For instance, Texas is 5th in the nation for solar energy production. Enjoy locally produced Fort Worth solar power/energy. Power your home while supporting eco-friendly electricity initiatives and local jobs in just a few clicks. Don’t let another sunny day go by before you start saving!

And we’re here to help you find the best prices available. Price To Compare can match you with competitive renewable energy plans so you can power your home, help the environment, and support eco-friendly electric initiatives at the same time.

Pro Tip: Check your current energy bill to see what percentage of your power is currently renewable. Partial or 100% renewable plans can change the way you live in Fort Worth.

Understanding Your Electric Fact Label (EFL)

Your EFL is a document you can use to help compare electricity rates in Fort Worth and make the best decision for your home. It’s similar to a food label, offering a standard format for sharing energy information with consumers, like yourself.

While your EFL sheet might not seem like it’s worth a close read, the opposite in true. To avoid an alarming electricity bill after signing up, you want to make sure you thoroughly review your EFL before making a commitment. Here’s a breakdown of how to read it.

➤ Electricity Price: Reflects all prices billed to a customer, including generation, transmission, distribution, fuel and customer service. Cost is presented in cents per kilowatt-hour (kWh). Electrical usage levels shown represent average usage amounts for residential customers. Read your current electric bill to see your monthly usage.

➤ Contract: Shows the minimum term of the contract in months.

➤ Source of Generation: Identifies source of electricity offered by the REP. Columns compare the specific REP to statewide electric generation.

➤ Emissions: Shares type and percentage of emissions released during production. Columns compare the specific REP to average emissions statewide.

Pro Tip: Review all aspects of the EFL before signing up, with special attention to price per kilowatt-hour, early termination fees, % renewable energy sourcing, and other unexpected charges. Need more insights? Read the Public Utility Commission of Texas Electricity Fact Label Guide.

Which Rate is Right for You?

Take comfort knowing our dedicated energy experts have your back. We’ve been in this industry for over a decade and have one of the largest national networks of commercial energy suppliers. With over 50 years of combined executive experience, our team of energy professionals constantly monitor the current landscape for shifts that affect your energy costs. We believe keeping your home or business bright, comfortable, and functioning smoothly should be as easy as flipping a switch!

More energy questions as you compare electricity rates in Fort Worth, Texas?

Read how to change energy suppliers in 5 simple steps. Find out how the process works. Don’t worry, you’ll never be without electricity.

Check out our Houston FAQ for answers to all your energy questions.

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