Compare Carrollton Electricity Rates, Plans and Providers

There are dozens of electricity providers in Carrollton, with over 150 unique electricity plans to choose from. However, having so many options can feel overwhelming, especially when some plans use deceptive pricing and hidden fees. In this article, we will help you choose an electricity plan in Carrollton while warning you of the most common “pricing gimmicks” in the market.

Compare The Best Electricity Rates in Carrollton

The plans below earned a place in our rankings because they provide predictable monthly energy bills and competitive energy rates relative to the state average of 15.61 cents per kWh, according to October 2024 data from the U.S. Energy Information Administration (EIA). We recommend these no-surprise plans because of their competitive rates and predictable monthly energy costs.

We gathered information on the energy rates by researching plans at 1,000 kWh in the Oncor service area. These rates are accurate as of December 2024.

Cheapest Electricity Rates in Carrollton

Carrollton residents searching for the lowest energy rates can consider the energy plans below. However, you should note that many of these plans offer discounted rates through bill credits that only apply when your energy usage reaches a set level of kilowatt-hours (kWh). If your usage falls below or rises above the required kilowatt-hour level, your energy rate can double. For this reason, we don’t typically recommend bill credit energy plans.

We gathered information on the energy rates by researching plans at 1,000 kWh in the Oncor service area. These rates are accurate as of December 2024.

*Denotes plans that include a bill credit based on usage. While bill credit plans advertise low rates, you may pay far more if your usage exceeds or falls below the bill credit usage requirements.

How To Choose the Best Carrollton Electricity Plan

We recommend fixed-rate electricity plans for homeowners in Carrollton since they offer the most predictable power bills over time. Many energy plans advertise lower rates than traditional fixed-rate plans, but only if you meet certain requirements typically hidden in the fine print. For example, some plans offer bill credits of up to $100 if your monthly consumption falls within a specific range, but you could end up paying double the advertised rate per kilowatt-hour if you don’t earn the credit. Before enrolling in a new energy plan, we recommend reading its electricity facts label (EFL) to rule out any hidden fees or tiered rates.

Fixed-rate electricity terms with 12-month contract terms offer several advantages, especially for customers who enroll in the spring or fall, including:

• You can secure an affordable rate for an entire year if you enroll during spring or fall when Texas electricity rates are typically lower.
• Your electricity plan ends in the same season the following year, allowing you to find another low rate.
• You avoid the energy price spikes that typically occur in summer and winter since your rate is already locked in.

Longer contract terms, such as 24 and 36 months, are also available, offering the same advantages as 12-month plans. Additionally, some electricity providers offer lower rates if you enroll in a longer plan.

You can compare Carrollton electricity plans more effectively if you have a clear picture of your monthly electricity consumption — measured in kilowatt-hours. Electricity plans show rates across three consumption levels: 500 kWh, 1,000 kWh and 2,000 kWh. If you know your monthly energy usage in advance, you can focus on electricity plans with the lowest rates for your consumption level.

The Best Electricity Companies in Carrollton

In our review of the top electricity companies, the top-scoring providers are Reliant Energy, Green Mountain Energy, and TriEagle Energy were the top-scoring providers. These providers scored well on bill predictability, energy costs, customer satisfaction and plan features and options. Check out the table below for other top energy companies in Texas.

Looking for the cheapest electricity rates? Gexa Energy, 4Change Energy and Frontier Energy advertise some of the lowest prices. However, these providers often use bill credits for the cheapest rates, which may not match your energy usage needs. Review a plan’s EFL before signing up for a bill credit plan.

Switching Electricity Providers in Carrollton

Switching providers is easy with these three easy steps:

1. Enter your ZIP code below to review providers and plans for your Carrollton home.
2. Identify which plan you’d like to switch to.
3. Enter your information and switch your provider in less than five minutes.

Carrollton Plan Types

As of January 2025, the Public Utility Commission of Texas (PUCT) has listed over 150 electricity plans in Carrollton. You can classify most electricity plans in the market into a few broad categories based on specific features.

Fixed-Rate Electricity Plans in Carrollton

These electricity plans have three common features regardless of the provider:

• Fixed rates during the entire contract term.
• Contract terms typically range from 12 to 36 months but can reach up to 60 months.
• There is an early termination fee (ETF) if the customer leaves the plan before the contract ends.

If you live in Carrollton, our energy experts recommend fixed-rate plans as the first option for your home. With these plans, you can secure a low electricity rate when market prices are low and avoid price hikes during the entire contract term. Your monthly power bills can still increase or decrease based on your consumption, but your kilowatt-hour price remains constant.

We recommend starting a fixed-rate plan during spring or fall when Texas electricity rates tend to reach their lowest point of the year. Rates tend to drop because mild weather leads to lower demand for energy. Meanwhile, summer and winter have volatile weather, which can lead to high demand and increased energy rates, according to the U.S. Energy Information Administration (EIA). If you enroll in a fixed-rate plan when market prices are high, which is typically in the summer, you may get locked into an increased rate for an entire year — or even longer.

Frontier Utilities, Rhythm Energy and TriEagle Energy offer the most affordable fixed-rate plans in Carrollton, based on our research.

Variable Rate Electricity Plans in Carrollton

These electricity plans have no minimum contract term, giving you the flexibility to switch at any time without penalties. However, these plans adjust the rates every month, making your power bills unpredictable. For this reason, our energy experts don’t recommend variable-rate plans.

Many electricity providers in Carrollton have at least one variable-rate plan among their options. These plans may offer temporary savings when market rates are low, but more often than not will lead to shockingly high rates. Suppose you stay on a variable-rate plan during the summer months. In that case, your power bills can increase drastically since you are not only using more electricity to cover cooling costs but also paying more per kilowatt-hour as demand increases.

If you reach the end of a fixed-rate plan without choosing another one, many electricity providers automatically switch you to a variable rate. If this happens, you can start another fixed-rate plan at any time without penalty, but we recommend acting quickly to avoid price hikes.

Bill Credit Plans in Carrollton

This type of plan offers usage-based bill credits when your energy usage reaches a set level of kilowatt-hours, typically 1,000 kWh or 2,000 kWh. The actual rate for securing the bill credit varies depending on the plan. Like variable-rate plans, bill credit plans can lead to unpredictable monthly bills. We don’t normally recommend these plans, although you can achieve savings if your consumption is consistently within the bill credit range.

Many electricity providers in Carrollton offer both bill-credit plans and traditional fixed-rate plans. The list includes TriEagle Energy, Frontier Utilities, Gexa Energy, Veteran Energy and 4Change Energy. However, note that fixed-rate plans offer more predictable energy bills over time.

Time-Of-Use Energy Plans in Carrollton

Time-of-use plans charge you different electricity rates depending on the hour, and some providers also change rates based on the season. Time-of-use plans typically charge decreased rates when the overall demand on the power grid is low and higher rates during peak demand hours. In other words, these plans reward customers who can shift their energy usage away from the hours when the general population has a high consumption, such as during the evenings or on weekends. This may seem easy on paper, but the lifestyle changes required may not work for every homeowner.

You can also find time-of-use plans that offer free energy periods, typically at night or over the weekend. Reliant Energy has a time-of-use plan that provides free electricity on your two highest-usage days of the week, regardless of when those days happen. However, these plans typically charge very high rates outside of the free schedules.

Rhythm Energy, Green Mountain Energy, Reliant and TXU are among the electricity providers that offer time-of-use plans in Carrollton. However, straightforward fixed-rate plans offer better options if you prefer predictable energy costs.

Solar Buy-Back Plans in Carrollton

These electricity plans allow you to sell excess energy generated by a solar panel system. When your energy generation is higher than your consumption, you get a solar buyback credit for sending excess energy back to the grid.

Customers can only access solar buyback plans if they own a photovoltaic system. When comparing these plans, pay attention to the two tariffs involved:

• Your normal electricity rate: The price you pay when using kilowatt-hours of energy from the grid.
• Your solar buyback rate: The compensation offered for your excess solar energy.

Your utility will subtract your solar billing credits from your consumption at the end of each month. Ideally, you should look for a plan that pays a favorable rate for excess solar energy while charging a fair rate for grid electricity.

Check out the example EFL from Green Mountain Energy’s Renewable Rewards Solar Credit 12 plan below. You’ll see the energy charge, which is the rate you pay per kilowatt-hour. In the section that follows, you’ll find the buyback rate. Notice that the buyback rate is less than the energy charge you pay.

Prepaid Energy Plans in Carrollton

With most electricity plans, you get a monthly power bill based on your measured consumption during the last billing period. In other words, you are getting “postpaid” electricity. For this reason, many electricity providers require a credit check — and, in some cases, a security deposit. A prepaid electricity plan changes the billing process completely:

• You pay for electricity in advance, and your consumption is subtracted from your balance.
• You can make payments at any time, eliminating a monthly billing period.
• There is no credit check or security deposit to sign up.

Prepaid electricity plans are also known as no-deposit plans since there is no security deposit regardless of your credit record. You must make an upfront payment to establish your service, but it counts toward your usable balance.

Most prepaid plans in the market have variable rates, which means your balance runs out faster when market rates are high. We recommend Payless Power, which offers fixed-rate prepaid plans with contract terms ranging from six to 12 months. In other words, Payless Power combines the benefits of prepaid energy and fixed rates.

Carrollton’s Utility Company

Oncor Electric Delivery is the transmission and distribution utility (TDU) company that covers all ZIP codes in Carrollton. Regardless of your chosen electricity provider, Oncor is the “poles and wires” company that delivers electricity to your home. Oncor is the largest TDU in Texas, delivering electricity to around 13 million customers in the Dallas-Fort Worth metroplex and many surrounding areas, according to the utility company’s website.

As of January 2025, Oncor adds the following charges to all electricity plans in its service area:

• Base charge: $4.23 per month, regardless of your consumption
• Delivery charge: 5.2974 cents per kWh

Carrollton electricity providers typically include Oncor’s fees when advertising rates, but you may find exceptions. When in doubt, you can check the EFL for each plan. Some providers advertise energy rates without Oncor fees to appear cheaper than competitors, but companies are legally required to disclose fees on their EFLs.

Carrollton Commercial Electricity

Commercial electricity rates in Texas are typically lower than residential rates. As of January 2025, the average commercial rate in Carrollton is around 10.4 cents per kWh. However, market prices can range from around seven to 13 cents per kWh, depending on your monthly consumption and enrollment date. Some electricity providers—such as Reliant and TXU—serve both residential and commercial customers, whereas providers such as ENGIE focus exclusively on business customers.

Frequently Asked Questions About Carrollton Energy Rates

What company has the cheapest electricity rate in Carrollton?

At the time of this review, Gexa Energy, Frontier Utilities and 4Change Energy offered the lowest electricity rate in Carrollton of 10.5 cents per kWh. However, this rate is only available on bill credit plans if a customer’s consumption is at least 1,000 kWh. If you enroll in these plans and your monthly consumption is lower, expect to pay over 20 cents per kWh.

If you’re looking for the lowest rate that doesn’t depend on bill credits, the Frontier Utilities Budget Saver 12 plan charges 14 cents per kWh. The Rhythm Energy Digital Discount 12 plan has a lower rate of 13.5 cents per kilowatt-hour but requires you to enroll in autopay and paperless billing.

What is a good price for electricity in Carrollton?

Considering only fixed-rate plans with predictable bills, the best electricity rates in Carrollton range from 13.5 to 16.2 cents per kWh. You can find lower rates if you consider bill credit plans and tiered-rate plans, but they can make your power bills unpredictable.

What is the best energy provider in Carrollton?

TriEagle Energy is the best electricity provider in our review of Carrollton electricity providers, earning a score of 4.7 out of 5 stars in our rating methodology. We specifically recommend the TriEagle Energy Simple Savings 12 plan, which offers fixed rates for 12, 24 or 36 months.

Can you get same-day energy in Carrollton?

Yes, Texas electricity providers can switch your electricity service on the same day. However, keep in mind that providers have a cutoff time for same-day requests. If you submit your request later in the day and miss the provider’s cutoff window, you must wait until the next business day. Also, note that same-day electricity is not available on Sundays and holidays. If your current electricity provider has placed a switchhold on your account due to pending payments, you cannot switch your service until you pay off the balance.

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 cost, bill predictability, customer satisfaction, brand trust, and plan features. Here’s how those core factors weighed into our ratings:

• Plan features (33%)
• Customer satisfaction and brand trust (27%)
• Plan rates and pricing (20%)
• Energy bill predictability (20%)