Dallas Electricity Prices Drop Dramatically

Thanks largely to the lowest prices on natural gas in a decade, and the state's abundant supplies of the product, Dallas electricity prices are currently some of the lowest in the nation. Dallas residents and business owners who are not taking advantage of these low rates should examine their choices at Shop Texas Electricity's website, and find out whether they could be keeping more of their hard-earned money.

Texas receives nearly 40 percent of the state's electrical power from natural gas power plants, and the new popular practice of "fracking," or fracturing rock in order to get at natural gas deposits, has created a glut of natural gas on the market. Additionally, Texas' increasing use of wind power, currently 8 percent of the power supply but rising every year, is opening the door to future supplies of cheap, renewable energy. Wind power and natural gas are compatible energy suppliers, because it's easier to shut off natural gas supplies when wind power kicks in than to shut down a coal-fired plant.

How Low is Low?

Dallas electricity rates for residential customers are currently as low as 6-1/2 cents per kilowatt hour. Although that price is promotional, prices of 7 and 8 cents per kilowatt hour are not unusual. If you are currently paying more, you should log on to ShopTxElectricity.com, enter your zip code and see what you could be paying. You can even select your current rate and the site will calculate your annual savings with each of the available plans.

If your current plan has a fee for early cancellation, a comparison of your annual savings against that cancellation fee may convince you to switch providers sooner rather than later. When rates are lowest, as they currently are, is the best time to go shopping for a competitive electricity offer. You can lock in a low fixed rate for as much as three years and know that when natural gas prices go back up, your electricity bill will not.

If you're paying too much for your Dallas electricity, it's an easy thing to change. Once you select your new plan at Shop Texas Electricity, your new provider will take care of everything for you, including notifying your old provider that you are switching. It's never been easier to save so much money in Dallas. Now if you could just do something about the cable bill!

ShopTXElectricity believes that decreasing your energy consumption helps you save on your huge electric bills. Try our energy saving tips and save money today!

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