Compare the Cheap Electricity Rates in Addison, TX

Check out the top three electricity plans that were handpicked by Power Wizard’s energy experts for Addison residents. Keep in mind that pricing, contract terms, customer experiences, and more vary by plan and provider.

Gexa Eco Saver Plus 12

7.9¢

per kWh at 1000 kWh

Term: 12 mos. | Fixed

Choose Plan

Lantana 12

13.8¢

per kWh at 1000 kWh

Term: 12 mos.

Choose Plan

The Lone Saver Plus 24

8.8¢

per kWh at 1000 kWh

Term: 24 mos.

Choose Plan

As of now, the Power Wizard marketplace shows Addison electricity rates ranging from 7.6¢ to 20.7¢ per kilowatt-hour (kWh). Use the rates below as a benchmark, then enter your ZIP code into our comparison tool to see what’s available in your area.

The electricity rate you pay may vary depending on your monthly energy usage. To make it easier to compare plans, electricity providers display average rates at three standard usage levels: 500, 1,000, and 2,000 kWh. The table below shows the average electricity rates available in Addison at each of these usage levels.

Addison may be only 4.4 square miles in size, but it’s a major business and dining hub in the DFW metroplex. This means residents and businesses have access to dozens of Retail Electricity Providers (REPs). Because Addison is deregulated, residents can choose to buy an electricity plan from any of these REPs. Power Wizard’s energy experts have outlined a few of them below.

If you’re new to Addison and looking for a REP for the first time, Power Wizard is here to help. Get signed up in minutes by:

1. Entering your ZIP code into our comparison tool’s search bar.
2. Using the search filters to narrow down the results.
3. Reviewing each plan’s Electricity Facts Label (EFL), terms, and rate structure.
4. Enroll! Your new REP will take care of the rest for you.

Already have a REP and looking to switch? You can do that at any time. Just remember that you may have to pay an Early Termination Fee (ETF) if you do so before your contract’s expiration date. ETFs generally cannot be charged if you switch no earlier than 14 days before your contract expires. If you are moving, the fee can be waived when you provide a forwarding address and, if requested, evidence that you no longer occupy the service address.

In Addison, electricity is supplied by REPs and delivered by the local electric utility company, Oncor Electric Delivery. The REP you choose creates plans, sets rates, and handles billing, while Oncor maintains local Electric Reliability Council of Texas (ERCOT) grid infrastructure and responds to power outages.

To report a power outage to Oncor:

• Call: 888-313-4747
• Text: OUT to 66267 (if enrolled in MyOncor Alerts)
• Online: oncor.com/outages

Electric utilities, often referred to as Transmission and Distribution Utilities (TDUs), are assigned to addresses, not chosen individually. Every TDU charges delivery fees to customers in its service territory. Oncor’s delivery fees currently include a $4.06 base charge and an $0.0612 per kWh charge.

It’s no secret that a single commuter living in an apartment in Addison Circle has different energy needs than a family in a large home in the Les Lacs neighborhood. Because of this, REPs serving the town offer multiple types of electricity plans built for different lifestyles. Learn more about them below but remember that specific details may change across REPs. Always read the Electricity Facts Label (EFL) before enrolling.

Fixed-Rate Plans

Many Addison residents choose fixed-rate electricity plans because they provide greater pricing stability throughout the contract term. Your energy rate per kWh stays more stable for the duration of the agreement, making it easier to budget through North Texas’ hot summers when air conditioning use often spikes. Your total bill can still vary with your electricity usage, TDU delivery charges, taxes, and other applicable fees.

Time-of-Use Plans

Time-of-use (TOU) plans offer free or lower energy rates during designated hours, such as overnight or on weekends, while charging higher rates during other times of the day. For Addison households that can shift activities like EV charging, laundry, or dishwashing to off-peak periods, these plans may help reduce monthly electricity costs.

Prepaid and No-Deposit Plans

Prepaid and no-deposit electricity plans let you fund your account in advance rather than paying after you receive a monthly bill. As you use electricity, the cost is deducted from your balance, so you’ll need to monitor your account and reload funds when needed. These plans can be a convenient option for Addison renters and homeowners who want to start service without a traditional deposit or credit check.

Green Energy Plans

Green energy plans give Addison customers the option to support renewable electricity generation. Providers purchase Renewable Energy Certificates (RECs) to match the renewable percentage of your plan, confirming that electricity from sources like wind, solar, or hydropower has been added to the grid. You’ll find renewable options across several plan types, including fixed-rate, usage credit, and time-of-use plans.

Usage Credit Plans

Usage credit plans apply a bill credit when your monthly electricity consumption reaches a specified threshold. Because each plan has its own qualifying usage level and credit amount, reading the Electricity Facts Label (EFL) before signing up is crucial. These plans often provide the most value for Addison homes with steady monthly energy use.

Solar Buyback Plans

Homeowners in Addison with rooftop solar panels may benefit from a solar buyback plan, which provides bill credits for eligible excess electricity exported to the grid. Buyback rates, credit calculations, and program rules vary by provider. Choosing the right buyback plan can help you get more from your solar investment.

Variable-Price Plans

Variable-price plans feature energy rates that can fluctuate from month to month. These plans have energy prices that may change after the first billing cycle, depending on the provider’s disclosed pricing method. Changes may reflect market conditions, provider pricing decisions, or other factors described in the plan’s EFL and Terms of Service. While they don’t require a long-term contract and offer added flexibility, rates may increase during periods of high demand, such as peak summer months. These plans are often best suited for Addison residents who need short-term electricity service or prefer not to commit to a fixed contract.

Looking to fuel your Addison business? Whether you own an office on Quorum Drive, a restaurant on Belt Line Road, or a healthcare business in Vitruvian Park, there are plenty of options. Many top REPs offer custom rates and plans, account managers, and energy monitoring tools to help local businesses make the most of their electricity service.

If you want some help finding the best plan, visit Power Wizard’s Business Electricity page and fill out the form to speak with one of our energy experts.

As you shop for electricity in Addison:

• Compare total monthly costs, not just the advertised rate: Electricity plans can be priced differently depending on your monthly kWh usage, so estimate what you’ll actually pay based on your typical consumption.
• Check bill credit requirements: Some plans offer valuable bill credits only after you reach a qualifying usage level. Choose a plan whose requirements match your household’s energy habits.
• Read the contract carefully: Review the contract term, ETF, and any other important enrollment conditions before signing up.
• Research the electricity provider: Customer reviews can help you evaluate billing accuracy, customer support, and overall service quality.
• Consider renewable energy plans: Many Addison residents can enroll in plans supported by RECs, often at competitive rates.
• Review the Electricity Facts Label (EFL): The EFL explains the plan’s pricing formula, recurring charges, and key terms, making it the best resource for comparing electricity plans side by side.
• Think about seasonal energy use: Addison’s hot summers can significantly increase air conditioning demand, so choose a plan that fits your home’s electricity needs throughout the year.

Ready to compare your options? Enter your Addison ZIP code into Power Wizard’s comparison tool to shop electricity plans from multiple providers in one place.