Top ranked Energy Providers in Addison

Find Cheap Electric Rates in Addison

Addison lies within the deregulated energy market of Texas, and this means its residents and and business owners get the right to select from a large number of retail energy providers. buy.energy works alongside many of the state’s top energy providers, including APG&E, Pulse Power, V247, Gexa, Frontier, Summer, Spark, New Power Texas, Pronto, and Chariot Energy. Through our partner providers, we can offer our customers significant savings on their energy accounts. On the buy.energy site, you can shop the available plans, choose the best one for your needs at the best rate, and enroll in just minutes. It’s never been easier to save money.

Given the intense heat of the Texas summers and the recent, deadly winter storm, Texans know it is more important than ever to have an energy plan locked in at a good rate. When your current contract ends, you are subject to the fluctuations of market rates until you enter a new agreement. During this time, you could wind up with an electric bill for thousands of dollars.

According to reports residential electricity use is on the rise across the nation as more and more people work remotely. Now is the time to ensure you don't pay more than you have to on your electricity bills.

Signing up is easy. You can do it in minutes. Plus, there are no complicated forms, no extra fees, and no technicians need to come to your house to make any changes.

There are dozens of energy providers that service Addison residents. Fortunately, there’s no need to call around to each one to find what rates they will offer you. Even if you’re shopping online from the comfort of your own home, many of these providers’ websites are complicated and lack the information you’re looking for. buy.energy gives you everything you need in one place. Don’t spend extra time trying to track down information from dozens of websites.

Moving to Addison: setting up electricity

If you are moving to Addison or if this is your first time setting up electricity service in Addison, you need to get the previous 12-months of energy usage for your new home to get the best rate. Ask the previous homeowner for usage information from the past year. This information is easily found in utility billing statements. This process may take time, but you’ll be happy with the long-term savings.

Sign-up for a plan instantly through buy.energy. We will help you keep track of your renewals and will send you a reminder to return when your plan’s term comes to an end. There’s no hassle, and nothing to monitor.

Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home. It’s time to save on your bills…

The average buy.energy customer saves more than 25% on electricity costs. Shipping for the best energy plan should be free, fast, and simple – and with buy.energy, it finally is.

Switching electricity companies in Addison

Because of the constant changes in market conditions, it is necessary to shop for a lower price every time your contract is set to expire—often ever year.

Your current electricity company will typically raise your electricity rate once your contract expires, so it’s not uncommon for them to neglect to inform you when this is about to happen. Many customers only find out that they are out of contract when they receive a bill that is substantially bigger than expected.

Before renewing your contract, check the rates of competing electricity providers. Switching can save you hundreds or thousands of dollars each year on your energy bill.

Switching is easy:

• There’s no need to contact your current company—the switch will be automatic
• No one from the company comes to your home
• There will never be a disruption in service during the change
• The process is fast and easy

When you make the switch, your new provider will cancel service with your previous provider. As long as you are not breaking an existing agreement, there won’t be any charge to you.

There is no loss of power when you switch. Electricity in Addison is all delivered by the Oncor Transmission and Distribution Utility. You won’t notice any difference because it will be the exact same electricity coming in through the wires and poles. These stay the same no matter which electricity provider you use.

You can choose any cancellation date within 14 days of your contract expiration without an “early termination penalty,” according to state law.

If you’re still under contract, check how many months remain. You can set a future start date with most companies up to 60 days in advance.

Even with months left on your contract, savings on your monthly bill achieved from a switch may outweigh the fee to break your existing contract. However, this will have to be your decision as you weigh the costs. buy.energy will not make the recommendation for you to switch if you are currently in a contract.

If you are uncertain, email us your latest energy bill and one of our team members will respond promptly to help you weigh your options.

You will want to gather the last year’s usage data to determine the best plan with the lowest rate for your household. This is the best way to find your best plan through buy.energy.

Choosing an energy plan in Addison

buy.energy gives you the power to choose the best Addison Rate & Plan that fits your needs and lifestyle.

There isn’t one single energy solution that will fit everyone, so you will find a wealth of different short and long-term contracts offered by energy suppliers in Addison. buy.energy can help you find the plan that is right for you depending on your particular electricity needs.

Long-term, fixed-rate plans provide stability in electricity rates. If market energy costs suddenly trend upward where you live, you can rest assured that you won’t have to pay more out of pocket. Texans have seen this in recent summers and winters, where abrupt changes in the market led to bills that many customers called downright criminal. The downside of these long-term plans, however, is that if you want to switch to a different, lower-cost plan before the end of the contract term, you’ll likely have to pay a cancellation or early termination fee.

Unlike with long-term plans, short-term plans allow you the freedom to switch providers again to keep up with the market. If costs go down over the next few months, a 6-month contract may help you get to a better time for your renewal. If rates go up, however, you don’t have the security of that great rate that is available now.

Would you like the security and the peace of mind from a long-term contract or the freedom and flexibility of a shorter term? Review your particular energy needs to find out which solution would be the best fit for you.

buy.energy makes it easier than ever to search for energy plans by term length. All the options we offer are listed by local suppliers in one place. This allows you to sort through all the available plans, filtering by term length, buy.energy will display the best plans with the best rates according to your individual search preferences.

It is essential to compare potential plans to ensure that you find the best solution and the lowest rates for your home. buy.energy makes it easier than ever to compare your options in one place. We have organized all the Addison electricity providers and the plans they offer. All you need to do is choose the best solution and best rate for your home. Depending on your needs, you have a number of great options with various providers, term lengths, and rates. Each of these plan types has something unique to offer and are designed to fit different home needs.

Energy plan contract lengths

There are several plan options available for customers in Addison, and with all the options, there is diversity in contract lengths as well. The shortest term-lengths are three months or even one month. Most single month plans do not require a contract, but some still do. Some of the longer contract options are for one year up to three years. Although it is not common, some providers will occasionally offer longer contracts. The most common contract terms are three years, one year, six months, three months, and one month.

Fixed rates

Electricity plans on buy.energy are recommended for Addison homeowners or those who have a long-term lease. These residential plans offer price security and stability but generally require a longer commitment. The electricity rates and prices will remain constant throughout the year rather than fluctuating monthly. This plan is a good one for someone looking for commitment and stability.

The downside is that when local energy rates drop, your energy rates will stay the same, so you will not benefit from the discounted energy. The good thing, however, is that when electricity rates spike, your energy bill will not be affected. However, while rates can and do sometimes decrease a little, there is no limit to the amount they can increase. A decrease of half a cent per kilowatt-hour can in fact save you a few dollars, but if unpredictable, extreme weather causes rates to jump 1,000%, you stand to lose a lot. Fixed rate provide the reliability and predictability that prevents customers from receiving surprise energy bills for thousands of dollars.

Variable rates

Variable-rate electric plans are the opposite of fixed-rate plans. With a variable energy rate, you might not be bound to a long-term contract, but instead, your rate will change on a month-to-month basis. This enables you to benefit from price drops when the market fluctuates. The downside, however, is that when electricity rates increase, so will your energy bill. This is a good option for risk-takers, but as noted in the section on fixed rates, the money you could potentially lose could be far greater than the money you could potentially save. You will be able to benefit when energy rates decrease, but risk suffering from a rise in energy prices.

Green energy options

At buy.energy, we are passionate about helping the world around us. It is also just as important to us that we create a way for you to be able to do so too. We are working towards a future of renewable and sustainable energy, so several of our energy partner providers make it possible to power your home with renewable solar energy.

Some companies even let you power your home with electricity that is only partly renewable if you are afraid to make the full switch. To whatever extent you want, we have plans that allow you to power your home using solar energy without having to install solar panels. Although solar power is harnessed through the use of panels, they do not have to be on your home for you to reap the benefits of solar energy. Solar energy is generated through other people’s solar panels, and the extra energy they produce is put back into the energy grid for you to use.

buy.energy partners with some of the best Addison electricity providers including APG&E, Pulse Power, V247, Gexa, Frontier, Summer, Spark, New Power Texas, Pronto, and Chariot Energy. We also believe in green energy so our suppliers have a variety of green options to help you save on your utility bill while also helping to save the Earth.

Electricity for businesses

buy.energy is here to help supply both you and your business with the best energy options with the lowest rates possible. Just take a few minutes to fill out a brief survey with some information about you and your company, and soon several of our top energy providers will begin to reach out to you. Several electricity provider companies will offer quotes for your business. With all the different options, you will be able to choose the lowest rate and the best option for your needs. You will be able to get a personalized electricity plan for your business from one of the best electricity providers in Addison. A major bonus is that all of our services at buy.energy are completely free to you. All that you will need to sacrifice in order to find your perfect plan is a few short minutes of your time.

How energy deregulation affects electricity prices

Energy deregulation is the whole reason that you are allowed to select your energy plan and provider. Being in a deregulated area is one definitely one of the perks of living in Addison. This freedom to choose creates intense competition among the energy companies. The providers are doing what they can to battle for your attention. If they want to stand out from their competitors, they have to offer unique plans and cheap electricity rates. This is great news for you.

Texas energy deregulation began in 2002, and this ended the monopoly utility companies had over their service areas. Utilities stopped billing consumers for electricity and instead focused on delivery and on the maintenance of power lines, poles, etc.. Independent retail providers, meanwhile, began to sell electricity to consumers.

Today there are dozens providers, or REPs, to choose from, and this benefits consumers all across the state. Consider the latest statistics:

Texas deregulated most of its electricity market in 2002. This created a lot of changes for both consumers and energy companies. The latest statistics from the U.S. Energy Information Administration paint this picture:

• As of August, residential electricity rates in Texas are 12½ percent lower than the national average.
• Texas’ Commercial rates are nearly 29 percent below the national average.
• Industrial rates are nearly 23 percent lower than the national average.
• As of November 2020, Texas generates far more electricity from wind than any other state.
• Texas generates the third-highest amount of electricity from solar energy.
• Texas produces more electricity than any other state—almost twice as much as Florida, the next-highest electricity-producing state.
• Texas is the largest producer and consumer of electricity in the nation. The industrial sector, including its refineries and petrochemical plants, accounts for half of the energy consumed in the state.
• Texas leads the nation in wind-powered generation. In 2019, the state produced about 28% of all the U.S. wind-powered. Since 2014, Texas has produced more electricity from wind turbines than from both of the state's nuclear power plants.

Compare plans with the free buy.energy marketplace

buy.energy is a 24/7 online marketplace where energy customers can compare Texas electric plans and rates from top providers such as APG&E, Pulse Power, V247, Gexa, Frontier, Summer, Spark, New Power Texas, Pronto, and Chariot Energy at no cost. We have partnered with some of the state’s most trusted providers so you can be sure you’re getting reliable service. Let’s get started:

1. Enter your ZIP code above. We’ll show you real-time, low electricity rates in the Addison area. Compare plans and pick on that’s right for you.
2. You can sign up online or over the phone. Either way takes only minutes. Not sure what would be best for you? Just have some questions? Give one of our energy experts a call and they’ll be happy to help you.
3. Enjoy the savings from your new energy plan. Your new provider will work with your utility company to start your service with no interruptions. It’s that easy!

With the buy.energy marketplace, you can find the electricity plan that meets your needs. We’ll show you today’s low rates from trusted energy providers in Addison. Simply enter your ZIP code to get started!

• Shop cheap electricity rates. We work with trusted retail electricity providers to make sure our customers receive a great product, a low rate, and quality service. Customize our online marketplace to show electricity rates and plans that fit your needs.
• Sign up easily. If you’re sure of your choice, sign up online now. If you’re not sure which plan to choose or if you’d like to go over a plan’s details, call to speak to one of our energy experts. Either way, the process is quick and easy.
• Start saving. Addison residents can switch to a new electricity plan in as little as 5 days from sign-up. Just sit back, relax and enjoy your retail energy choice.

A few things to remember

• Don’t forget to read your plan’s >Electricity Facts Label before signing up. It contains important information including:
  • Price per kilowatt-hour based on usage
  • The percentage of renewable energy sourcing
  • Early termination fees
• Your Rights As a Customer (YRAC) – All providers are required to inform you of certain rights you have. These are guaranteed to you by law, so it’s always good to be aware of these rights.
• Terms of Service – Each plan has its own Terms of Service. These will contain all the details of what your plan costs, everything you will be expected to do, and everything the provider is obligated to do.
• Know how to read your electricity bill. Utility bills can have a variety of charges, and this can be confusing if you don’t know how to decipher them. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees can be found as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.

How to find the best energy plan in Addison

#1 rule: Know Your Usage!

Knowing your energy usage each month makes shopping for electrical providers in Addison much easier.

By default, each company provides a quote for an exact monthly usage of 2,000 kWh. Depending on your energy usage, your bill may end up higher or lower than what was quoted from this baseline number.

By allowing comparison shopping at your individual usage level, buy.energy offers an alternative for shoppers. We use your past electrical usage figures to produce quotes from all our partner providers rather than relying on a single usage figure.

With buy.energy, you are in control because we show you every fee, charge, and disclaimer with your quote. Once you find the right company for your Addison home, we offer easy sign-up that only takes minutes. All you need to start is your monthly electrical usage.

If you don’t know your usage, estimate

Some customers are unable to determine a full year of historical usage. Maybe you just moved to Addison and don’t have a usage history. Or maybe you’re the owner of a new home which has never before had electric service. The next best thing is to estimate how much energy you use in an average month.

While not as ideal as having previous months of usage, estimating your average usage is better than choosing the first plan you see advertised by an electricity provider at a specific usage that isn’t what you’ll consume. Need help estimating your usage? Contact us now, and we can help!

Use buy.energy to find the best energy plan for your specific usage.

Switching your electricity provider at the right time of year.

Addison summers are hot and muggy, with the hottest periods during the months of July and August. Winters in Addison are cold and windy. Both summers and winters create a demand on the energy grid that is at times hard to maintain, and in past summers, energy users have been subject to rolling blackouts and extremely high market rates. The average Addison high temperature in August is 96 degrees Fahrenheit. The average high temperature for the entirety of the summer is 88 degrees while the average low is 78 degrees. The record heat in nearby Dallas is 113 degrees, only seven degrees below the Texas all-time high of 120 degrees. Due to a continuous need for air conditioning systems usage during this time of year, energy bills begin to rise. As the temperatures rise, so do energy payments.

Although winter weather in Addison is not typically brutally cold, there are times when the temperatures have sudden drops during the January and February months. Winter temperatures are generally not excessive, but it dramatically contrasts the brutally hot summers. In January, generally the coldest month of the year, the average low temperature is 38 degrees, and the average high is 56.8 degrees.

As temperatures decrease, most people like to stay inside to avoid the cold weather. Throughout the winter, therefore Addison residents tend to be less active as well. Because of this, lights are left on for longer periods of time, water heaters are working harder to heat the house, and electronics are used more for entertainment. Electricity usage can increase from all of this. The holidays also have a significant effect on energy bills. With families coming in to visit, there will be an extra use of water, heat, and more lights on. The holidays also call for a lot of extra cooking and decorative lights, both huge energy drainers.

It is essential to find the best plan possible so you can get cheap electricity rates throughout the whole year. The changing weather should not have to put a strain on your wallet. We are here to work with you to help you find the best option to help you save all year long.

The difference between a utility and a provider

The utility companies in Texas distributes electricity to your home or business through the lines and poles. The provider is the company that you may choose to sell you the electricity that the utility transmits. Utilities handle emergency service due to outages or problems with the power lines. Providers are who you go through as you shop for plans, pay your bills, and reach out to general customer service issues.

Here is an example. If you experience a problem with the actual delivery of your energy, such as a downed power line, you would call the utility company. If you experience a problem with your billing statement or energy plan, you would call the provider.

Oncor is a utility, or the company responsible for delivering electricity to your home. Utilities also provide the upkeep to the electrical equipment in your area, so that’s the company you call when you have a power outage or downed power lines.

That energy comes from providers, which provide the actual energy to the utility (Oncor, here) so that it can be delivered to your home.

In other words, you purchase your electricity from an energy supplier, but your local utility company makes sure it gets to you. That’s not all a utility company does though. Oncor also services the power lines and ensures that the transformers and other vital equipment are in working order. To be clear: When you search for a new electricity plan, you’re seeing offerings from suppliers.

Both the provider and the utility place charges on your bill. While the charge(s) from the provider can be changed, utility charges cannot. The rates you see when you shop are the energy charges from the provider. For small accounts (most residences), this will include most of the extra charges that are sometimes tacked onto your bill. The provider may, however, charge additional base charges and/or meter fees.

About Oncor

Oncor is the largest energy delivery company in Texas. Founded in 1912, the company provides energy to over 400 communities and 98 counties across Texas, with close to 140,000 miles of managed power lines.

Some of the major coverage areas in Texas include Dallas, Fort Worth, Waco, and other communities to the northwest, including Midland and Odessa.

Contact Oncor

For questions about Oncor rates, bills, or to report outages, contact the company using one of the methods:

• FAQs
• Email: contactcenter@oncor.com
• Chat with a live agent
• Inquiries: 1-888.313.6862
• Outages: 1-888.313.4747

Frequently asked questions

How do I find the lowest Addison electricity rates?

There are several online services that claim to make it easy for Addison residents to find the best plans and lowest rates. Unfortunately, many of these have horrible flaws or biases built in. buy.energy allow users to compare plan and provider options quickly and easily as well as find the lowest electricity rates. Once you know what kind of energy plan you are looking for, you can compare different options in the area.

How do I know if I am in a deregulated area and why does it matter?

Being in an energy deregulated portion of the state is one of the major perks of living in Addison. While Addison is deregulated, certain portions of the state are not. If you are not in Addison and have questions about your area, contact us and we can help. Deregulation is what gives customers the power to choose your energy plan and service provider. It allows residents to find the best options for their home with the lowest rates. Several of the major cities in Texas are deregulated such as Houston, Waco, Fort Worth, Galveston, Corpus Christi, and others.

What are the top electricity providers in Addison?

All providers are not equal. However, much of the criteria for “the best” provider is going to come from your specific needs. Unlike some online sites, buy.energy doesn’t offer plans from every provider in the state. We carefully select partner providers based on their financial stability and customer service. With buy.energy, you can rest assured that you aren’t going to be placed with a company that just doesn’t care about you or will even just disappear overnight. When you compare rates, you can know the quality of service you are going to get.

What kind of energy plans are available in Addison?

When looking for an energy plan in Addison, users have the option of either a fixed-rate or variable-rate plan. FIxed-rate plans offer security and stability locked-in rates and a set contract. Variable-rate plans, however, offer freedom and flexibility for users with no set rates or set contract. With this plan, rates will change each month depending on the energy market.