Compare Lewisville Electricity Rates and Start Saving Today
Lewisville is a thriving North Texas hub within the Dallas-Fort Worth metroplex. Because the city is part of the deregulated Texas energy market, residents are not locked into a single government-mandated utility for their energy supply. Instead, you have the legal power to choose your own retail electric provider (REP). Your REP sells your electricity plan and typically handles enrollment, pricing, billing, and customer service.
Because dozens of retail companies compete for your business, electricity rates, contract terms, and plan designs vary widely across the region. Taking the time to compare electricity plans can help you find an option that better fits your household’s typical usage, budget, and contract preferences.
Navigating Your Lewisville Monthly Statement
The average residential electricity rate in Lewisville hovers around 15.4¢ per kWh. With a regional average monthly consumption of 920 kWh, a typical local bill comes out to approximately $142. While these broad benchmarks are helpful for high-level budgeting, your real-world expenses will be driven by a mix of household habits, North Texas climate conditions, and your specific plan terms:
- Your Monthly Usage: The total amount of electricity your home uses each month is the biggest factor driving your bill. Because many retail plans are priced around specific tiers, small differences in the base rate can quickly add up to higher monthly costs, especially for high-consumption households.
- North Texas Seasonality: Lewisville experiences intense summer heatwaves along with high humidity from nearby Lewisville Lake. This climate forces cooling systems to work overtime, causing seasonal usage spikes that drive up bills even if your baseline contract supply price is locked in.
- Contract Terms and Structures: Your total monthly statement combines the competitive energy supply rate you choose from your provider and the regulated delivery fees passed through by your local utility company. Providers price these plans differently based on your commitment level, offering stable multi-year agreements, short-term transitional contracts, or structures that feature bill credits when your usage hits exact targets.
- Fine-Print Conditions: Some of the lowest advertised rates on the market rely heavily on complex usage thresholds or fixed monthly base fees. It is always a good idea to read a plan’s Electricity Facts Label (EFL) to ensure you do not miss a usage milestone target, which can cause your average cost per unit to rise unexpectedly.
| Provider + Plan Name | Plan Rate | Plan Length |
|---|---|---|
| Chariot Energy - GridPlus 12 | 5.9¢ | 12 months |
| APG&E - SimpleSaver 11 | 7.0¢ | 11 months |
| Energy Texas - The Lone Saver Plus 12 | 8.3¢ | 12 months |
| Gexa Energy - Gexa Eco Saver Plus 12 | 8.3¢ | 12 months |
| Companion Energy - Companion Savings + Benefits 12 | 8.3¢ | 12 months |
| Frontier Utilities - Frontier Saver Plus 12 | 8.3¢ | 12 months |
| Rhythm Energy - Rhythm Max Saver 12 | 8.3¢ | 12 months |
| BKV Energy - Lantana 11 | 12.7¢ | 11 months |
| Atlantex Power - Luminous 9 | 16.1¢ | 9 months |
| Payless Power - 12 MONTH - POSTPAID | 18.1¢ | 12 months |
Understanding the Utility Structure in Lewisville, TX
While you can choose your retail electric provider (REP), you cannot choose your Transmission and Distribution Utility (TDU). In Lewisville, the infrastructure is divided geographically between two TDUs: Oncor Electric Delivery services the vast majority of the city, while Texas New Mexico Power (TNMP) manages specific regional pockets.
Your TDU is determined solely by your physical address. They own the poles and wires, deliver electricity to your home, and manage local meters. They also charge standard pass-through delivery fees that are strictly regulated by the Public Utility Commission of Texas (PUCT). These regulated delivery charges appear on your monthly bill regardless of which REP you choose. For Oncor properties, this consists of a flat $4.06 monthly base charge and a per-kWh energy charge of 6.12¢, while TNMP properties feature a $7.85 baseline fee and a per-kWh energy charge of 7.27¢. Knowing your specific utility footprint helps you accurately analyze Lewisville electricity rates.
Types of Electricity Plans in Lewisville
Fixed-Rate Plans
Fixed-rate agreements lock in your per-kWh energy charge for the entire duration of a 3-to-36-month contract, but your total bill can still fluctuate depending on usage, taxes, and regulated TDU delivery charges. This structure can make your electricity costs more predictable and may help protect you from seasonal price increases. While your baseline energy price remains constant, your total bill will still fluctuate based on your actual volumetric usage and regular updates to regulated TDU delivery fees.
Variable-Rate Plans
Variable plans function on a month-to-month basis with no long-term commitment and no cancellation penalties. The trade-off is that your per-kWh energy charge can change every 30 days based on wholesale market demand. Because of this unpredictability, they are generally not the best choice for shoppers looking for long-term price stability. However, they can be useful depending on certain situations, such as brief transitional gaps between residential leases.
Usage and Bill-Credit Plans
These plans drop a large, flat credit onto your statement once your monthly usage hits a specific target, often exactly at the 1,000 or 2,000 kWh mark. If your home has a highly consistent consumption profile that hits these marks regularly, your net costs may be lower. However, if your usage falls short of the required threshold, your average per-kWh energy charge will increase significantly because you did not meet the bill-credit threshold. .
Time-of-Use (TOU) Options
Time-of-use structures provide heavily discounted or promotional energy rates during specific off-peak windows, such as late at night or over the weekend. They are excellent options for residents who can shift a large portion of their electricity usage to lower-cost hours. Be aware that the per-kWh energy charge during the morning and afternoon is usually significantly higher to compensate for the off-peak discounts.
Green and Renewable Energy Plans
Renewable energy contracts ensure your household consumption is matched with clean power generation through the purchase of Renewable Energy Certificates (RECs). These credits support sustainable generation projects, like wind and solar, without requiring you to install expensive rooftop solar panels. You can check the exact mix of local or national renewable content by reviewing the disclosure section on any plan’s Electricity Facts Label (EFL).
Solar Buyback Options
If you already have rooftop solar panels installed, a solar buyback plan allows you to sell your excess generation back to the grid. Depending on the plan, your provider may offer bill credits or other compensation for surplus electricity your system exports to the grid. Make sure to review the plan documents carefully, as certain programs require special dual-register meters, utility approval, or place a strict cap on the total amount of buyback credits you can accumulate each month.
Prepaid and No-Deposit Options
Prepaid or pay-as-you-go arrangements let you establish service without a traditional credit review or an upfront security deposit. You simply load money into your account in advance, and your balance decreases in real-time as you consume electricity. While these offer excellent short-term flexibility, they often carry higher baseline rates and can incur automated disconnection fees if your account balance falls below zero. Keep in mind, if your balance is not replenished after required low-balance and disconnection warnings, your service may be disconnected.
How to Change Your Electricity Provider in Lewisville
How to Transition Smoothly When Moving
If you are relocating, it is a good idea to reach out to your current retail electric provider well in advance to see if your plan is transferable to your new address. If your provider services the new location and allows a transfer, porting your contract lets you keep your locked-in rate with zero service interruptions.
If you decide to switch providers instead, state moving rules protect you from penalties. You can cancel your contract early with zero termination fees by simply notifying your provider of your move. While some companies may ask for documentation like a new lease or closing statement to process the waiver, many will waive the fee automatically once you provide a forwarding address for your final statement.
How to Switch Companies to a Better Rate
If you are staying put but want to capture a lower rate, the switching process can be completed entirely online in just a few minutes. Start by checking your current contract details and its accompanying Electricity Facts Label (EFL) to verify your expiration date. State utility regulations provide a penalty-free switching window, meaning you can sign up for a new plan up to 14 days before your contract concludes without triggering a cancellation fee. Once you enroll in a new plan online, your new provider handles the logistical transfer with the TDU behind the scenes, ensuring zero interruption to your power supply.
What to Do if There Is a Power Outage
If your lights go out or you spot a downed utility line, you must contact your local TDU directly. Your retail electric provider handles account management and billing, but they cannot perform physical grid repairs or restore power.
First, look at a recent electricity bill or enrollment document to confirm which utility manages your address, then report the disruption using the contact channels below:
Oncor Electric Delivery
- Phone: 888-313-4747 (Available 24/7)
- Text: Text OUT to 66267
- Digital: Track updates via the MyOncor mobile app or the online Oncor Outage Tracker.
Texas New Mexico Power (TNMP)
- Phone: 888-866-7456
- Digital: Review live updates on the TNMP Outage Map and click the “Report Outage” button before calling an agent.
Safety Warning: Always assume any fallen or sagging power lines are live. Never touch or approach downed lines, and keep children and pets far away from the area while waiting for utility crews to arrive.
Pro Tip: If your current contract is ending soon, compare available electricity plans before it expires. Spring and fall often bring lower demand, but rates vary throughout the year.
FAQs About Lewisville Energy
Who is the electricity provider in Lewisville, TX?
Lewisville does not have a single electricity provider. Because the market is deregulated, you can choose from dozens of competing retail electric providers to handle your supply and billing. However, the physical delivery utility for your lines is determined by your address and will be managed by either Oncor Electric Delivery or Texas New Mexico Power (TNMP).
Can I choose my electricity provider in Lewisville?
Yes. Most single-family homes, townhomes, and apartments in Lewisville sit within deregulated boundaries, giving residents the legal right to shop the open marketplace. You can choose your provider based on competitive pricing, contract duration, renewable content, or customer reviews.
How long does it take to switch electricity providers?
Most provider switches are completed within a few business days, although timing varies depending on the REP and the requested service start date. Some companies can even accommodate next-day service requests if you enroll before their daily cut-off time.
Does living near Lewisville Lake affect electricity usage?
Yes. Lewisville Lake can contribute to higher humidity, which may increase air conditioning use during the summer. The high relative humidity generated by Lewisville Lake, combined with intense North Texas summer heat waves, forces residential HVAC units to run longer and consume more power to keep indoor spaces comfortable. Because of these heavy climate demands, it is incredibly important to check the marketplace to lock in competitive Lewisville electricity rates before seasonal consumption peaks.
I live in Lewisville, do I have Oncor or Texas New Mexico Power as my utility?
The vast majority of local homes and commercial properties fall within the Oncor Electric Delivery footprint, though certain neighborhoods utilize TNMP infrastructure. The fastest way to confirm your utility is to check the line item charges on a recent electricity bill or enter your exact address into our marketplace tool.
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