Denton Electricity: Finding the Cheapest Rates Near You

If you live in Denton, you’re in luck when it comes to energy costs. That’s because Denton electricity rates are 15% lower than the national average. Also, because of energy deregulation in the area, you can choose your retail electricity provider. As such, you can save on your monthly bill by enrolling in an electricity plan with the lowest per kWh price. 

Energy deregulation opened the market to dozens of electricity companies. With so many power providers competing for your business, picking the best one can be tricky. We’ve come up with this guide to help you narrow down your choices. 

Denton Electricity Rates

We mentioned that Denton’s electric rates are lower compared to the country’s average. But you can still reduce your monthly bill by curbing your energy usage. Another way to save on your electricity expenses is by working with an electricity provider that offers the most competitive rates. 

Let’s compare Denton’s electricity rates between these different energy providers. 

Factors That Affects Electricity Rates 

Don’t be surprised if Denton’s electricity rates fluctuate constantly. You might notice how the per kWh price changes, sometimes even hourly. That’s due to the many factors that influence electric rates. 

Fuels 

Fossil fuels are used to generate electricity. As such, how much these fuels cost affects Denton’s electric rates. When the price of traditional fuels like oil and natural gas rises, so does the per kWh rate. This means you’ll have higher energy costs. On the other hand, if fossil fuel prices go down, so does the price of electricity. 

Power Plant Prices 

Another factor that affects the power prices is the cost of building and operating power plants. Electricity gets generated in these facilities that require a considerable amount to construct. Add to that the operation and maintenance costs. Recouping the capital outlay involves factoring that amount in the price of electricity. 

Transmission and Distribution Area System 

The power poles and lines are just some of the facilities that bring electricity to your homes. Like power plants, the infrastructure that delivers electricity to consumers needs to be built and maintained. The high expenses involved affect the price you pay for electric power.  

Area Regulations 

In regulated states, the public utility commissions dictate the power rates. Denton is in a deregulated area. That means competition drives power prices. As such, Denton electricity providers offer different electricity rates. In deregulated states, your choice of electricity provider and plan will determine your monthly bill. 

Weather Conditions 

Like most of Texas, Denton experiences high temperatures during the summer months. On the other hand, its winters tend to be mild. What does this mean? Well, this typically results in increased power demand during the hot months and lower electricity usage when the mild winter months come in. Thus, the electricity rates tend to be higher during summer because of high electricity consumption. 

Denton Energy Deregulation 

With the passing of Bill 7, Texas power consumers were given a choice to pick their energy company. The bill requires the electric utilities to allow Retail Electricity Providers (REPs) to provide electricity service. In turn, the consumers can decide which REP to work with. 

Deregulation plays a role in determining Denton’s electricity rates. Because they need to compete for customers, Denton electric companies try to offer the lowest prices. They also strive to provide excellent customer service. 

Denton residents now enjoy these perks of deregulation as they have a host of electricity providers to choose from. 

Denton Electricity Companies 

The contract length and power rate are not the only things to consider when choosing your electricity plan. You’ll also need to review the different companies in your area. 

Constellation Energy 

Constellation Energy is a well-known energy provider in Denton. It comes as no surprise as it is one of the largest electricity companies in the country. Aside from Texas, it also provides service in other states like Indiana, Maryland, Ohio, and so on. 

Constellation Energy boasts a broader scope than other Texas electricity providers. Aside from selling electricity, the company also provides other services. These include energy generation, energy consulting, customer supply, and transmission and distribution. 

Pulse Power 

Shell Energy owns this company. As such, you’re assured of competitive, straightforward rates and excellent customer service. Pulse Power is known for its “no gimmick” plans for residential consumers. These plans are designed to reduce the chances of bill shock and to increase customer satisfaction. 

Pulse Power’s affordable rates are helping it become one of the fastest-growing electricity companies in the country. Multi-year fixed-rate plans are their specialty. 

TXU Energy 

TXU Energy has been in the business for over a century. Even before the energy market got deregulated, this company was already providing electric service in Texas. No wonder they’re one of the trusted brands in the country. If you’re looking for an electricity plan with affordable rates, this company is likely to have one.  

TXU Energy pioneered the free electricity offering during specified hours. Up to now, their Free Nights and Weekend Plans are still a hit with consumers.  

4Change Energy 

4Change Energy is an advocate for change. In fact, the company was founded to make a difference in the community’s life. Since 4Change Energy started operations 10 years ago, they have been donating a certain percentage of their profits to charitable causes.  

If you’re looking for green energy plans, the company has some in its portfolio. Using green energy to power your home can help hold back global warming. That makes you an advocate for change, too. 

Reliant Energy

Reliant Energy is a company that has been providing electricity service even before deregulation. It was the lone energy provider of Houston, Texas before the power market got deregulated. As such, it is also one of the largest and most trusted energy companies in the Lone Star State.  

Their trustworthy and affordable plans can help you lower your electricity bill. More so because their customer service representatives can assist you in reducing your energy consumption.  

Gexa Energy 

Do you want to reduce your carbon dioxide emissions? Gexa Energy can help you do that with their 100% renewable energy plans. The good news is these green energy plans sometimes have lower electricity rates than fossil-fuel-based ones.  

Established in 2002, this company offers a diversified range of plans with varying electricity rates. They have fixed-rate plans, targeted usage and tiered plans, and like, we mentioned, renewable energy plans. They also get the nod of consumers with their 60-Day Happiness Guarantee. This guarantee lets new customers switch plans without paying a penalty. 

Payless Power 

Prepaid electricity is Payless Power‘s specialty. Among dozens of Denton electric companies, they are one of those who offer a no-deposit, no credit check electricity service. This makes Payless Power a perfect choice for those who don’t want to put down a deposit or pass a specified credit score. What’s more, their prepaid plans have some of the lowest electricity prices in Denton. 

If you move a lot, you can check out Payless Power’s no-credit-check plan offerings. The company also works to help you control how much energy you use. 

Just Energy 

This company’s long history gives it the expertise to provide what power consumers want. Founded in 1997, Just Energy is one of the largest electric companies in the country. It operates not just in the U.S. but in other countries as well. These include Ireland, Germany, and Japan.  

If you’re looking to reduce your carbon footprint, you can choose a green energy plan from this company. Not only will you help the environment, but you’re also likely to get an affordable energy rate, too. Just Energy operates out of Houston, and it was named the Best Electricity company in 2021. 

TriEagle Energy 

This power company has over 15 years of experience in the industry. Customers love them for their straightforward and affordable rates. On top of their fossil-fuel-based electricity plans, they also offer renewable energy plans with competitive rates.

TriEagle Energy has developed a following due to its “no gimmick” rates. These simple rate structures keep their customers from experiencing sudden jumps in their electricity bills. The company also offers Denton residents energy-saving devices and tools that can help lower energy consumption.  

Direct Energy 

The company started operations in 1986. It now has over 4 million customers in the U.S. and Canada. Whether you’re a residential power user or a business owner, you can get cheap electricity from Direct Energy. With their portfolio of plans, there’s likely one with the energy rate that works for you. 

The company can also help you meet your sustainability goals with a renewable energy plan. A renewable electricity plan generates power from a self-replenishing source like wind energy or solar. 

Utility Companies vs. Energy Providers 

In deregulated states, separate entities handle the supply and distribution of electric power. That means you deal with different companies for your energy needs. You’ll buy your electricity from Retail Energy Providers (REPs). These are the companies that sell different electricity plans. They’re also the ones who compute your usage and send you your electric bill.  

You can choose your REP from among several energy providers in Denton. These include TriEagle Energy, Gexa Energy, Pulse Power, and those mentioned above. 

Meanwhile, utility companies take charge of bringing the electricity from the grid to your home. They’re also responsible for fixing problems related to the distribution of electricity. These include power outages and damaged electric facilities like poles and power lines. The utility company is assigned depending on the area. As such, you have no choice when it comes to your utility company. In Denton, Oncor Electric Delivery is a utility company.

Types of Denton Electricity Plans 

Aside from reducing your power consumption, switching to a new energy plan is one way Denton residents save on their electricity expenses. That’s because the energy rate for various plans differs. That makes it easy to find a plan that fits your pocket. 

Fixed-Rate Plans 

Stability and predictability. These are the selling points of fixed-rate plans. Power prices are constantly in flux. That makes it hard to predict the per kWh rate, sometimes from one hour to the next. With a fixed-rate energy plan, you pay a specified amount every month, notwithstanding the energy rate in the market. Denton residents who create their budgets in advance will benefit from this plan type. 

Variable-Rate Plans 

A variable-rate plan is the exact opposite of a fixed-rate one. You pay a set amount each month for a fixed-rate plan. However, your electric bill will vary if you enroll in an electricity plan with a variable rate. With this plan type, your monthly power costs will usually fluctuate. That’s because your power rate will depend on the price of electricity in the market. You can see some savings on your power expenses if the price drops. That’s the advantage of a variable rate plan. 

No-Deposit Plans 

Some Denton residents may have a poor credit rating. That will make it a hassle to get electricity service from electric companies requiring a credit background check. Such companies will usually require a deposit for customers with low credit scores. Meanwhile, those who move around a lot won’t want a plan that has a long contract length. For these consumers, a no-deposit plan can be the best option. 

Prepaid Plans 

Prepaid plans are similar to no-deposit plans since both don’t require a credit check and deposit. If you want to bypass the two requirements, you can simply opt for a prepaid energy plan. You pay for your electricity in advance with this plan type. A smart meter records your power consumption, and the energy company uses the information to calculate the charges they’ll apply to your account. The said amount then gets deducted from your upfront payment. 

Green Electricity Plans 

Do you prefer an electricity supply that comes from renewable sources? Then you can consider enrolling in a green electricity plan. Texas abounds in wind power as it creates the most wind energy than other states. It also makes the top 5 list when it comes to solar power. As such, Denton residents won’t lack options when it comes to plans using green energy. 

Business Energy Plans 

The energy rate for business electricity differs from residential electricity. Don’t worry, the power price for business consumers is still lower than the national average. But you can still save more if you shop around for business energy plans with competitive rates. 

How To Find the Best Energy Plan? 

Looking for a new energy provider in Denton will be a challenge. But of course, you’ll want to get the best energy rates. Follow these simple steps to increase your chances of finding the plan that best suits your situation. 

1. Shop around: Whether you’re a business owner or residential customer, you’ll have a wide range of choices. Sift through your options as different plans in Denton have varying electricity prices. Look for a plan with an energy rate that’s easy on the pocket. 
2. Examine the details of the plans: It’s not just the rates you’ll need to review. Also, pay attention to the contract length, fees, and other important information. Doing so lets you sidestep the gimmicks of some unscrupulous companies. 
3. Pick the plan: Contact the energy company once you’ve decided on the plan that will work for you. Be ready with important information such as your name, address, and Social Security Number. 

How To Switch Your Electricity Provider? 

If you’re not happy with your current energy rate or service, you can switch to a new energy company. Because of deregulation, you have plenty of electric companies to choose from.  

Switching is easy. All you have to do are the following: 

• Check your eligibility: Not all of Texas is deregulated. Those who live in towns or cities that aren’t under deregulation can’t switch away from their current energy company.  
• Check the status of your existing contract: You’ll need essential details from it. These include the name of your current provider, the per kWh rate of your plan, termination fees, and other charges. 
• Compare plans and rates: The energy plans in Denton have different rates. They also have varying contract lengths, renewable energy mix, and charges. Check which one will let you enjoy the most benefits and is aligned with your goals.
• Sign up for the chosen plan: Contact the energy company, and they’ll do the rest for you. They’ll coordinate with your utility provider and current electric company to switch your service. 

Denton Power Outage: Who To Call? 

Your Retail Electricity Provider doesn’t take care of power outages, so don’t call them in case of a power cut. Instead, contact your utility company. The utility company in Denton is Oncor Electric Delivery. They take care of problems with electricity service such as power outages and damaged infrastructures.  

Here are two ways to report a power outage to the utility company. 

• Call Oncor at 1-888-313-4747 
• Report the outage online by clicking here. 

About Denton 

Denton is one of the largest cities in the Dallas-Fort Worth area. With a population of around 138,541, it is also the 24th-most populous city in Texas and 196th in the country.

Close to 50,000 students go to universities within the city limits. These universities are the University of North Texas and Texas Woman’s University. 

Over 2 million businesses thrive in the area, and these provide nearly 95,000 new jobs to Denton residents. Notable companies in the area include Peterbilt (truck manufacturer), Jostens (jewelry producer), and Sally Beauty Company (beauty supply retailer and supplier). 

Popular ZIP Codes 

Denton, Texas, has several zip codes.  

• 76206 
• 76207 
• 76208  
• 76209 
• 76210 
• 76201 
• 76202 
• 76203 
• 76204 
• 76205 

Living and Moving to Denton 

Denton is a suburban city awash with historic charm and family-friendly attractions. No wonder more and more people are moving to the area. As such, the demand for affordable electricity is increasing. This has led the energy companies in Denton to offer plans with competitive prices. 

If you plan to live in Denton, you’ll need to do some research to get the best electricity plan. You also have to set up your service about a couple of weeks before moving to your new home. Here’s a guide on how to go about the process.

Get a history of your new home’s electricity usage. You can find the information in the billing statements. If the data is unavailable, simply estimate your consumption.  

Using that estimate, check the plans offered by the power companies that cover the Denton service area. See which one tailor-fits your needs and budget. You can use the Electricrate website to make your search easier. 

Other Utilities 

You can take your pick among over 50 energy providers in Denton. However, affordable electricity service is not your only concern when you move to the area. There are other utilities you’ll need to take care of. Aside from gas, water, and sewer management, waste collection and recycling pickup need setting up. 

Denton is a full-service city. This means that the city of Denton is the lone provider of services such as electricity, water, wastewater, trash, and recycling. 

Gas 

Atmos Energy is the provider of natural gas in Denton. So whether you want to set up a service for your home or business, they’re the company to contact. You can reach them at (888) 286-6700. 

Water 

The Water Utilities Department of the city of Denton provides water and wastewater services. They are located at 901 Texas St., Denton zip code 76209 

You can contact them through the following means: 

• By phone: 940-349-8200 (Mon–Fri, 8:00 AM–5:00 PM) 
• By email: [email protected] 

Recycling Pickup 

The Solid Waste and Recycling Department takes charge of trash collection and recycling. They collect residential solid waste and recyclable materials weekly. The department also provides other services, such as collecting bulky waste and household chemicals. Visit the city’s official website for additional information. 

FAQs 

Conclusion 

Affordable electricity rates are within your reach if you live in Denton. Due to deregulation, you have a range of options when it comes to energy plans and companies. If you practice energy conservation and buy energy-efficient appliances, you’re likely to see a noticeable reduction in your power expenses. 

Updated on 09-12-23