Energy deregulation in Lewisville lets you compare Texas electricity rates and pick the best light company for your energy needs. By regularly comparing energy providers and energy prices, you may be able to secure the best plans for your needs and lower your monthly bills. Rates change based on demand and location, so finding the best deal can be tricky. We’re here to simplify that process for you. Read on to compare the best electricity rates and top light companies in Lewisville.
Best Lewisville Electricity Plans and Rates
Based on our research and review, some of the plans below offer the best electricity rates for straightforward, predictable monthly energy bills.
Be careful when considering plans that advertise very low rates. They may feature hidden fees or difficult-to-earn discounts, which can lead to higher bills down the road. Our recommended plans keep it simple with clear pricing and no gimmicks, such as bill credits or time-of-use rates. Straightforward plans make it easier to manage your energy costs and save money in the long run, even if the advertised rate appears higher than bill credit plans.
Check out these straightforward, no-surprise plans in Lewisville.
Provider | Plan Name | Est. Monthly Bill | Rate (¢/kWh) | % Renewable |
|---|---|---|---|---|
Frontier Utilities | Frontier Budget Saver 12 | $158 | 15.8 | 30% |
Tri-Eagle Energy | Simple Savings 12 | $148 | 14.8 | 9% |
Rhythm Energy | Simply Select 12 | $159 | 15.9 | 100% |
4Change Energy | One Rate 12 | $157 | 15.7 | 9% |
Veteran Energy | Secure 12 | $157 | 15.7 | 7% |
Gexa Energy | Gexa Light Saver 12 | $166 | 16.6 | 100% |
Frontier Utilities | Platinum 12+ | $176 | 17.6 | 30% |
TXU Energy | Simple Rate 12 | $182 | 18.2 | 9% |
Payless Power | 12 Month - Prepaid | $192 | 19.2 | 26% |
Gexa Energy | Gexa Eco Saver Advantage 12 | $202 | 20.2 | 9% |
Cheapest Electricity Rates in Lewisville
Use the following table to compare the cheapest electricity plans in Lewisville. Note that many of the lowest-priced energy plans may use bill credits to advertise the cheapest rates. This plan type promises an account credit based on your monthly energy usage. Your monthly consumption typically must stay within a set threshold for you to qualify for the credit. If your usage falls below or exceeds the required kilowatt-hour level, your rate can go up by nearly double. Check the usage requirements for a bill credit plan and compare that to your home’s typical monthly consumption before signing up for a bill credit energy plan.
Provider | Plan Name | Est. Monthly Bill | Rate (¢/kWh) | % Renewable |
|---|---|---|---|---|
Express Energy | Flash 12 | $104 | 10.4 | 0% |
Express Energy | Flash 24 | $104 | 10.4 | 0% |
4Change Energy | Maxx Saver Select 24 | $104 | 10.4 | 0.09% |
4Change Energy | Maxx Saver Select 12 | $104 | 10.4 | 0.09% |
Frontier Utilities | Frontier Saver Plus 12 Plan | $105 | 10.5 | 30% |
Gexa Energy | Gexa Eco Saver Plus 12 Plan | $105 | 10.5 | 100% |
Frontier Utilities | Frontier Saver Plus 24 Plan | $112 | 11.2 | 30% |
Gexa Energy | Gexa Eco Saver Plus 24 Plan | $112 | 11.2 | 100% |
Veteran Energy | Valor 12 | $128 | 12.8 | 0.07% |
Veteran | Valor 24 | $133 | 13.3 | 0.07% |
Average Residential Rates in Lewisville
According to October 2024 data from the U.S. Energy Information Administration (EIA), the average Texas electricity rate is 15.61 cents per kilowatt hour. Meanwhile, Lewisville sits in the Oncor Electric Delivery service area, which charges the cheapest utility delivery rates. That means the average rate in Lewisville should be in line with the wider state average — if not slightly lower. Residential energy rates in Lewisville start significantly lower than that but can rise to as high as 20 cents per kWh, depending on your energy plan and home size. If you pay 13 to 15 cents per kWh on a non-bill credit or time-of-use plan, you know you are getting a good deal.
How To Choose an Electricity Plan in Lewisville
When shopping for energy plans in Lewisville, we know that price is an important factor. However, we recommend looking beyond the advertised rate to find a plan that matches your lifestyle. Consider the plan type, contract length, potential fees and provider reviews.
Whether you’re after better prices, improved customer service, or you’re simply moving homes, follow the steps below to choose the best electricity plan for your Lewisville home.
Step 1: Review Your Energy Usage
Understanding your average energy usage helps you pick the right plan for your needs. You can pull your precise historic usage by checking Smart Meter Texas or reviewing past energy bills. We recommend reviewing your usage over an entire year to spot any seasonal variations. Use this average to compare energy plans at the correct advertised energy rate for your home’s energy needs. We also recommend reading a plan’s electricity facts label (EFL) to compare the rates across usage levels, which will give you an idea of how your effective energy rate can vary based on your home’s usage.
Step 2: Review Plan Details and Rates
The EFL provides vital information on plan type and rates across all usage levels. Check the contract terms to make sure the plan and its rates meet your needs. Signing up for the best plan type for your usage can help you keep your costs competitive and predictable, month-to-month. Availability and prices vary by location, so enter your ZIP code for the options in your area.
Step 3: Make the Switch to a New Provider
Once you’ve picked the right energy plan for your energy needs, we can help you sign up online in just five minutes. Provide some basic information, select your start date, and your energy provider will handle the rest.
Plan Types Available in Lewisville
The best energy plan type for you depends on your energy usage and preferences. Understanding what each type offers can help you choose the best fit for your home.
- Fixed-rate plans: Provide predictable monthly energy costs and competitive energy rates
- Variable-rate plans: Charge energy rates that change month-to-month, often yielding shocking bill amounts
- Bill credit plans: Bill credits advertise enticing low rates but can lead to unpredictable monthly energy costs
- Time-of-use plans: Promise discounted or “free” energy during off-peak hours but can cause billing confusion
- Green plans (EV and solar buyback): Provide electricity sourced from 100% renewable energy for a reduced carbon footprint with competitive rates
- No-deposit plans: Requires no deposit or credit check but often charges higher rates
Top Energy Companies in Lewisville
Our top-rated Lewisville energy providers offer clear pricing, plan variety, supportive customer service and affordable rates. The top three out of the 25 electricity companies in Texas we reviewed include Green Mountain Energy, TriEagle Energy and Reliant Energy. All three offer a variety of energy plans to fit your needs now and as they change over time. They also offer competitive prices for our recommended plans and have a solid customer service reputation.
While these providers scored well overall, price is a major deciding factor for energy plans. We found the cheapest electricity rates advertised in Lewisville are from 4Change Energy, Frontier Utilities and Gexa Energy. Here’s how the top energy companies compare.
Retail Energy Provider | Our Rating | Customer Satisfaction Score | BBB Rating |
|---|---|---|---|
TXU Energy | 4.9 | 4.7 | A+ |
Green Mountain Energy | 4.9 | 5 | A+ |
Reliant Energy | 4.9 | 4.8 | NR |
TriEagle Energy | 4.8 | 4.6 | A+ |
Express Energy | 4.8 | 5 | A+ |
4Change Energy | 4.7 | 4.8 | A+ |
Discount Power | 4.7 | 4.5 | NR |
Gexa Energy | 4.6 | 4.2 | C |
Direct Energy | 4.6 | 4.5 | NR |
Frontier Utilities | 4.5 | 4 | NR |
Our ratings and the Public Utility Commission of Texas (PUCT) complaint scorecard ratings are out of 5 stars. This data is current as of January 2025.
Moving To Lewisville: What To Know About Energy Shopping
Shopping for the best electricity rates in Lewisville can be challenging. However, understanding your EFL, potential fees, and plan options simplifies the process of using your power to choose.
Electricity Facts Label
The EFL explains everything you need to know about your electricity plan, including the contract term, energy charges, potential fees and specific details depending on the plan. Reviewing and comparing EFLs will help you understand what makes up your total cost and avoid surprises when paying bills.
Early Termination Fees
Canceling a fixed-rate energy plan before its end date may result in an ETF. The cost is typically a flat fee of $150 to $395, depending on the provider, while others may charge $10 to $20 per remaining month on the contract. You won’t pay this fee with variable rates since there’s no contract, and you can avoid the fee if you’re moving out of the provider’s service area by providing proof of the move.
Are free nights and weekends energy plans worth it?
Free nights and weekends are time-of-use plan options in which you get free or discounted electricity during off-peak times and higher rates during on-peak times. These plans tend to be unpredictable and may not save you money unless you can consistently match your usage to the off-peak periods. Since energy use in Lewisville often varies throughout the year, it can be difficult to match your usage to these off-peak times. Additionally, you’ll still have to pay the utility delivery fees during the “free” hours, meaning the power is never truly free.
How Does Deregulated Energy Work in Lewisville?
Energy deregulation in Lewisville means you have the power to choose an electricity plan that fits your needs to potentially lower your bills. In deregulated markets, your retail electricity provider (REP) purchases electricity from wholesale auctions and sells it to you through various electric plan types. The light companies compete to offer you the best service and prices, while your transmission and distribution utility (TDU) transmits the energy to your home and responds to outages.
The Electricity Reliability Council of Texas (ERCOT) and the Public Utility Commission of Texas (PUCT) oversee wholesale auctions in which generators sell electricity to your light company. Utility companies then deliver that power to homes and businesses throughout Lewisville — and Texas as a whole. You’ll deal almost entirely with your light company. However, you should contact your utility company in the event of a blackout.
Which TDU serves Lewisville?
Oncor Electric operates as the TDU in Lewisville. You can report downed lines or outages to Oncor. If you report an outage to your light company, they’ll likely redirect you to your utility company instead. You’ll enjoy the fastest service by contacting your utility directly. Here’s a link to the latest updates and outages in Oncor’s service area.
How We Rate and Review Texas Electricity Companies
With dozens of providers and hundreds of plans available in the deregulated Texas market, choosing the right one can feel overwhelming. We created a comprehensive rating methodology to help you cut through the complexity and find the best electricity plan for your needs, whether you’re moving to Texas or looking to switch providers.
We’ve researched dozens of Texas electricity providers and scored them out of 5 stars based on results from our 2025 energy survey of 1,600 Texans, scoring providers on customer satisfaction, experience and retention. Here’s how these core factors weighed into our ratings:
- Customer satisfaction (30%)
- Customer retention (30%)
- Online experience (20%)
- Customer experience (20%)
