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Best Electricity Plans in Lewisville According to Power Wizard
Key Takeaways - What to Know About Lewisville Electricity
- Lewisville electricity rates currently range from 8.3¢ to 20.3¢ per kWh in the Power Wizard marketplace.
- Depending on where you live in Lewisville, you may be served by Oncor or Texas-New Mexico Power.
- Depending on your address, the current average electricity rate in Lewisville, TX is 14.9¢ or 16.3¢.
- Lewisville electricity rates can vary based on your ZIP code, plan type, usage level, and local demand. Read the EFL for full details before enrolling.
- Fixed-rate plans are often the best choice for Lewisville households because they provide stable rates and make budgeting easier.
- Not all plans price the same at 1,000 vs 2,000 kWh. Use a comparison tool like Power Wizard to find the cheapest electricity in Lewisville for a usage level similar to your home’s, and avoid overpaying.
Current Lewisville Electricity Rates: Compare Plans Side-by-Side
Lewisville electricity rates can vary from home to home. Your exact rate depends on your ZIP code, how much electricity you use each month, the type of plan you choose, the contract term length, and overall market demand in Texas. Some electricity plans also include usage credits or tiered rates that can affect your overall monthly bill. Because of this, make sure you read your Electricity Facts Label (EFL) before enrolling. It breaks down the energy charge, delivery fees, credits, and contract details so you know what you’re signing up for.
| Plan Name | ¢/kWh | Est. Bill | Term | Rating |
|---|---|---|---|---|
| APG&E - SimpleSaver 12 | 8.3¢ | $83.00 | 12 mos. | 4.8 |
| Energy Texas - The Lone Saver Plus 12 | 8.5¢ | $84.90 | 12 mos. | 4.7 |
| Rhythm Energy - Rhythm Max Saver 12 | 8.5¢ | $84.90 | 12 mos. | 4.8 |
| Chariot Energy - GridPlus 12 | 9.0¢ | $90.00 | 12 mos. | 4.4 |
| Frontier Utilities - Frontier Saver Plus 12 | 9.2¢ | $92.00 | 12 mos. | 4.8 |
| Gexa Energy - Gexa Eco Saver Plus 12 | 9.3¢ | $93.00 | 12 mos. | 5 |
| Companion Energy - Companion Savings + Benefits 12 | 9.3¢ | $93.00 | 12 mos. | 4.3 |
| Octopus Energy - Octopus Lite 12 | 10.5¢ | $105.20 | 12 mos. | 4.1 |
| BKV Energy - Lantana 12 | 14.4¢ | $144.00 | 12 mos. | 4.8 |
| Atlantex Power - Luminous 12 | 16.2¢ | $162.40 | 12 mos. | 3.8 |
Lewisville Rate Trends & Usage Comparison
Electricity prices in Lewisville can fluctuate over time. Because the city is served by both Oncor Electric Delivery and Texas-New Mexico Power (TNMP), average rates may vary depending on your utility service area, as well as your monthly electricity usage. The charts below compare average pricing at 500, 1,000, and 2,000 kWh usage levels to help you better understand your potential energy costs.
Oncor
| Monthly usage | Average rate | Estimated Monthly Bill |
|---|---|---|
| 500 kWh | 17.6¢/kWh | $88.07 |
| 1,000 kWh | 14.9¢/kWh | $149.82 |
| 2,000 kWh | 15.3¢/kWh | $307.75 |
TNMP
| Monthly usage | Average rate | Estimated Monthly Bill |
|---|---|---|
| 500 kWh | 18.8¢/kWh | $94.46 |
| 1,000 kWh | 16.3¢/kWh | $163.97 |
| 2,000 kWh | 16.5¢/kWh | $330.00 |
Best-Rated Electric Companies in Lewisville, TX
Lewisville is part of Texas’s deregulated energy market, meaning residents have the right to pick their Retail Electricity Provider (REP). Power Wizard’s experts have highlighted a few popular REPs below. For information specific to your area, enter your ZIP code into our plan comparison tool.
| Electricity Company | Best for… | Rating |
|---|---|---|
| 4Change Energy | Charitable giving and a great referral program | |
| Gexa Energy | Competitive plans and exceptional customer service | |
| TXU Energy | Innovative energy solutions and commitment to customer satisfaction | |
| Energy Texas | 30-Day Test Drive and transparent rates | |
| BKV Energy | Loyalty rewards and an annual customer payout tied to tenure as a customer | |
| TriEagle Energy | Straightforward plans and competitive rates | |
| Chariot Energy | Solar energy plans and great rates | |
| Veteran Energy | Competitive rates and aiding veteran support organizations | |
| Octopus Energy | Smart home technology compatibility and green energy | |
| Rhythm Energy | Excellent customer service, technology forward, and creative electricity plans | |
| APG&E | Good selection of energy plans and award-winning customer service | |
| Frontier Utilities | Low-rate plans and a 60-day happiness guarantee | |
| Atlantex Power | Easy enrollment and money-saving resources | |
| CleanSky Energy | 100% renewable and 100% carbon-neutral electricity | |
| Companion Energy | Pet friendly electricity provider with great pet benefits | |
| Express Energy | Electricity plans with no gimmicks and no hidden fees | |
| Payless Power | Affordable electricity and no-deposit/prepaid options |
Switch Electricity Providers in Lewisville, TX
One of the benefits of living in a deregulated city like Lewisville is that you can switch REPs whenever it makes sense for you. Just remember that doing so before your current contract ends could incur an Early Termination Fee (ETF) unless you’re canceling because you’re moving or are within 14 days of its expiration date.
Not sure where to start your search? Let Power Wizard help! With our comparison tool, all you have to do is:
- Enter your Lewisville ZIP code.
- Filter the search results by the type of plan you want.
- Compare your top contenders and read each EFL carefully.
- Select a plan and enroll directly through our website.
That’s it! Your new electricity provider will handle the rest with as little service disruption as possible.
Pro Tip
Enrolling in a fixed-rate plan during Spring or fall can help you secure a more favorable rate for an entire year. You can shop for a new plan 90 to 60 days before your current contract ends. Just make sure to schedule your switch within 14 days of the expiration date.
Lewisville Utility vs. Electricity Provider: Understanding the Difference
Electricity service in Lewisville, TX is handled by two companies: your electric utility and your REP. The utility company, in this case Oncor Electric Delivery or Texas-New Mexico Power (TNMP), is responsible for delivering power to your home. That means they maintain the electric infrastructure in the city and restore service during outages.
On your bill, Oncor or TNMP’s charges appear as Transmission and Distribution Utility (TDU) fees and consist of a monthly base charge and a per kilowatt delivery fee. These two charges are for delivering the electricity to your home and are separate from your electricity provider’s energy costs. They will remain the same no matter which REP you choose. Every provider must pass these charges through to you at the same rate. That means switching providers can change your energy charge and contract terms, but it will not change the delivery fees on your bill.
- Oncor Electric: $4.06 (monthly base) and $0.0612 per kWh (delivery fee)
- Texas-New Mexico Power: $7.85 (monthly base) and $0.0647 per kWh (delivery fee)
Lewisville's Utility Company for Outages
Because your REP does not own the electric grid infrastructure, they cannot repair damage or restore power during an outage. This is part of Oncor or TNMP’s responsibilities. If you experience a power outage, report it to Oncor or TNMP using the contact information below:
- Oncor Electric: call (888) 313-4747 or report online here TNMP’s outage map
- Texas-New Mexico Power: call (888) 866-7456 or report online using their outage reporting system
Explaining Lewisville Electricity Plan Types
There are a few main types of electricity plans offered by REPs in Lewisville. Power Wizard’s energy experts have explained them below, but keep in mind that every plan will be a little different. Always read the EFL before committing.
Fixed-Rate Plans
A fixed-rate plan locks in your energy rate per kilowatt-hour (kWh) for the full contract term, typically 6 to 36 months. Although the fixed rate plan locks in energy rates, the delivery charges (TDU/TDSP fees) may change during the term. This type of electricity plan works for most households.
Pros:
- Energy charge that does not change with market swings
- Easier monthly budgeting
- Protection during high-demand seasons
Cons:
- ETFs may apply
- No benefit from market rate drops
- Often requires a credit check
Bill/Usage Credit Plans
A bill credit plan provides a usage-based credit (usually a flat dollar amount) when your monthly consumption reaches a specified threshold, such as 1,000 or 2,000 kWh.
Pros:
- Potential for savings
- Can reward consistent usage
- Can benefit high usage homes
Cons:
- No bill credit if you miss the threshold
- Not ideal for households with fluctuating usage
- Can easily surpass the usage target during high-demand months
Variable-price Plans
A variable-price plan (also known as variable-rate) has a rate that can change month to month based on market conditions and other factors set by your REP. This plan type is only good in specific situations, such as builders or realtors who need temporary power for home showings.
Pros:
- No long-term contract in most cases
- Flexibility to switch at any time
- Possibly lower rates during low-demand periods
Cons:
- Rates can spike unexpectedly
- Less predictable bills
- Harder to budget long-term
Tiered Plans
A tiered electricity plan charges different rates based on how much electricity you use, with pricing that increases or decreases at set usage bands.
Pros:
- Can reward consistent usage
- Typically best for moderate usage homes
Cons:
- Higher tiers can raise costs quickly
- Complex plan structure
- Requires active usage monitoring
Time-of-Use Plans (Free Nights & Weekends)
A time-of-use (TOU) plan charges different rates depending on the day and time electricity is used. Most offer free or reduced night or weekend usage, but some newer plans offer weekday usage periods.
Pros:
- Savings potential if you shift usage off-peak
- Good fit for residents away from home during the day
- Can lower costs for EV charging at night
Cons:
- High peak-hour rates can offset savings
- Requires active usage management
- Requires a smart meter
No-Deposit & Prepaid Plans
A prepaid plan allows you to pay for electricity in advance without a traditional deposit or credit check.
Pros:
- No credit check in most cases
- No large upfront deposit
- Flexible and pay-as-you-go
Cons:
- Risk of disconnection if balance runs out
- Disconnection and reconnection fees
- Rates may be higher than traditional fixed-rate plans
Renewable Energy Plans
Renewable energy plans source all of their electricity from renewable resources such as wind, hydro, or solar, just to name a few examples. They’re backed by Renewable Energy Credits (RECs) and don’t require solar panels.
Pros:
- Comes in various rate structures
- No special equipment needed
Cons:
- May have a slightly higher rate
- Availability varies by location and REP
Solar Buyback Plans
A solar buyback plan allows homeowners with rooftop solar to receive credit for excess electricity sent back to the grid.
Pros:
- Offsets energy costs with solar production
- Can reduce overall bill impact
- Encourages energy independence
Cons:
- Credit rates vary by provider
- Some plans cap buyback credits
- Often requires a specific meter setup
Commercial & Business Electricity Rates in Lewisville
Whether you own a boutique in Vista Ridge, an office space along I-35E, or a restaurant on Main Street, there’s a business electricity plan in Lewisville for you. Many REPs offer businesses custom pricing, energy monitoring tools, dedicated support, and specialized plan types.
Need help finding the right electricity plan for your business? Visit Power Wizard’s Business Electricity page to be connected with an energy expert.
Tips for Choosing the Best Electricity Provider in Lewisville
Choosing the right electricity provider in Lewisville comes down to more than just finding the lowest advertised rate. Use this checklist to compare plans clearly and avoid surprises later.
- Don’t choose based on price alone. A low headline rate may only apply at a specific usage level or after a bill credit. Always look at the full estimated monthly cost.
- Understand usage tiers and bill credits. Some plans change pricing at certain kWh levels. Review these plans using your average monthly usage to get the best results.
- Review contract length, renewal terms, and early termination fees. Know how long the rate is locked in, what happens when the contract ends, and what it costs to cancel early.
- Evaluate customer service and complaint patterns. Check provider ratings and complaint history with PUCT to see how issues are handled.
- Compare renewable options if it matters to you. Look at the renewable percentage and confirm whether the plan is partially or 100 percent backed by RECs.
- Read the Electricity Facts Label (EFL) before you enroll. The EFL shows the energy charge, delivery fees, contract terms, and any credits or conditions that affect your real rate.
- Check the plan at your likely usage level. If your home typically uses closer to 2,000 kWh in summer, do not rely on pricing shown at 1,000 kWh. Compare plans at the level that matches how you actually use electricity.
New Resident Guide: Setting Up Utilities in Lewisville, TX
If you’re moving to Lewisville, you likely have a lot on your to-do list. We’ve researched your local utilities to check off a few tasks for you. For more help setting up essential home services (and finding exclusive deals), check out Power Wizard’s Home Concierge Services.
Natural Gas Service
Atmos Energy & CoServ
- Atmos Energy Customer Support: 888-286-6700
- Atmos Energy Gas Emergency (24/7): 866-322-8667
- CoServ Customer Service: 940-321-7800
- CoServ Gas Emergency: 844-330-0763
Water & Sewer Services
City of Lewisville Utility Billing / Customer Service
Phone: 972-219-3440
Trash & Recycling Collection
City of Lewisville Trash & Recycling Information and Republic Services
Phone: 972-219-3510
Republic Services Customer Service: 972-316-0789
FAQs About Lewisville Electricity Rates
Yes, there are business electricity plans available in Lewisville, TX. Many REPs offer energy tools, dedicated support, and specialized plans for businesses.
You can often switch electricity providers in Lewisville in 1-7 business days, depending on the terms of your current contract and your new REP’s same-day activation policies. Most REPs have a designated cut-off period for same-day activation, so be sure to enroll before then if you need power fast.
Yes, you can switch electricity providers if you’re still under contract. However, you may have to pay an Early Termination Fee (ETF) if you aren’t moving or aren’t in the final 14 days of your contract. Check your Electricity Facts Label (EFL) for details.
If your power goes out in Lewisville, contact your local electric utility, Oncor Electric Delivery or Texas-New Mexico Power.
- Oncor Electric: (888) 313-4747
- Texas-New Mexico Power: (888) 866-7456
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