How much does electricity cost in Grapevine?
Grapevine residential customers pay an average electric rate of 10.45 cents per kWh, which is almost two cents less than the average rate across the country. A Grapevine household using 790 kWh per month would have an average electricity bill of $83.
Currently, commercial electricity rates in Grapevine are 8.16 cents per kWh.
Compared to the national average rate of 10.09 cents per kWh, this rate is 19.13% less.
Although Grapevine residents pay less for electricity than the rest of the country, they can save even more by taking advantage of the deregulated electricity market and switching to the provider and plan that offers them the best benefits.
How do I choose a Grapevine energy plan?
Grapevine is one of many areas in Texas that are part of the deregulated energy market. This means residents have the option to select the retail energy provider (REP) from whom they wish to purchase their energy rather than being limited to one based solely on their location.
There are energy markets available online where you can find cheap electricity plans by simply typing in your zip code. You can then compare prices and plans that will suit your energy usage or needs. Check out the different plans that you can select from:
- Fixed-Rate Plan – This plan is typically recommended to consumers. During the contract period, you will pay the same rate per kilowatt-hour (kWh). Generally, contracts last from one to three years.
- Variable Plans – The rate you pay can be affected by market conditions as their name indicates. You might experience a sudden increase in your rates during times of high demand. Due to this uncertainty, consumer budgets for energy expenses can be difficult.
- Prepaid (Pay-as-you-Go) Electricity – This is offered for consumers who wish to avoid the upfront payment of a deposit. The advantage of this plan is that users can track their electricity usage daily and only pay for what they use, saving a great deal of money.
Who provides electricity in Grapevine?
You can choose an electricity provider based on the instructions, policies, and rates as well as estimating your energy use. Some of the top and standardized Grapevine energy companies that offer cheap electricity are:
- Express Energy
- Frontier Utilities
- Gexa Energy
- 4Change Energy
- Just Energy
- Reliant Energy
- TXU Energy
- Payless Power
While you can choose your retail energy provider, you can’t choose your utility, which is determined by your location. The utility provider for Grapevine is Oncor, which is responsible for maintaining and repairing Grapevine’s electric infrastructure. In case of a power outage, you must contact Oncor.
Who has the cheapest electricity rates in Grapevine?
Frontier Utilities and Express Energy both offer $0.067 per kWh for a 12-month contract. While Gexa Energy and 4Change Energy both offer $0.069 per kWh for 12 months. Payless Power offers the best-prepaid energy plan at $0.141 per kWh.
