Fort Worth Electricity: What You’ll Pay
How do electricity rates stack up for Fort Worth residents? While the city’s residential electricity rates are less than the national average, Texas ranks sixth highest in usage due to the state’s warm climate. In Texas’s deregulated energy market, conventional and prepaid electricity companies are finding ways to attract customers and lower the cost of electricity for consumers. Fort Worth residents have dozens of retail electric providers to choose from with varying rate plans.
But what are good electricity rates for Fort Worth households? How much can you expect to pay based on the size of your apartment or house? Do certain promotions, such as free nights and weekends, really save money?
How Fort Worth Electricity Rates Compare
Texas ranks sixth in overall energy consumption per capita. For residential electricity, Fort Worth homeowners and renters consume about 1,068 kWh per month, while the national average is just shy of 900 kWh. Texas’s statewide rate of 12.28 cents per kWh is about 12% lower than the average U.S. electricity rate of 13.83 cents per kWh.
Nationwide, commercial electricity rates average 11.78 cents per kWh, with Texas’s commercial rates costing 8.47 cents per kWh. In addition to traditional power sources (natural gas, coal, oil), Texas leads the U.S. in wind electricity generation and is fifth in solar power. As you can see, electricity rates and access to vast traditional and renewable energy sources provide relief for Texas’s warm climate and the need for high usage.
*Estimated from February 2022 data from EIA
Affordable Electricity Plans in Fort Worth
Saving money on electricity in Fort Worth starts with finding a good rate, then choosing a plan that suits your lifestyle. While some retail electric providers offer gimmicks like free nights and weekends, these plans often result in much higher rates that end up costing more annually. Read more about myths related to free nights and weekend plans.
Payless Power offers a variety of flexible choices, including no-deposit prepaid electricity plans with instant approval, meaning no credit check! Customers receive daily usage alerts that allow you to reduce your energy consumption, which in turn saves you money, or you can add to your balance on the spot. Find a Payless Power electricity plan in your Fort Worth zip code﹘and start saving up to 20% on energy costs today!
