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We have plans to support you and your energy needs
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?
If you’re new to Fort Worth, knowing your square footage and approximate kilowatt-hours per month is helpful when picking a provider and planning your budget. Reading your Texas Electricity Facts Label with your first bill also helps provide clarity on actual kWh usage and costs. For example, the average size Fort Worth apartment is 873 square feet and the median size home is around 2,000 square feet. The chart below helps estimate your costs.
Fort Worth Electricity Rates & Usage: Estimated Charges*
*Based on Payless Power’s Premier 12 plan for zip code 76137 on 04/26/22. Rates subject to change due to energy costs.
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
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!
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Payless Power wants to be your Texas electric company.
Whether you live in a large city or small town, we can save you money with pay as you go electricity! Where do we provide Texas electricity? We service customers with no deposit electricity in more than 400 deregulated communities in Texas. We work with principal utilities throughout the state of Texas to provide prepaid electricity. The utilities are: Oncor in the Dallas / Fort Worth Metroplex and various parts of West Texas; CenterPoint Energy in Houston and the surrounding areas; AEP Central in Corpus Christi and surrounding areas; AEP North in Abilene and other North Texas communities.