Enter your zip code to compare Lewisville electricity rates and electric companies.
This section highlights the average Lewisville electricity rates for residential and commercial customers.
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Lewisville energy providers offer rates and plans with a range of options and terms. While you will see
many types of plans for the most part they are in two categories: fixed-rate and variable rate.
Fixed-rate plans will have a set price for the term of the contract. Regardless of weather, natural events, or market volatility, your rate will not change. In most cases, fixed-rate plans have a term length of 6, 12, 24, or 36 months. We recommend fixed-rate plans for most customers.
Variable-rate plan rates may change on a monthly basis based on market factors. Variable-rate plans offer more flexibility but present more volatility in pricing. Price changes may impact your monthly electricity bill in the form of price hikes. In most cases, we do not recommend variable-rate plans.
Lewisville is a suburb within the Dallas-Fort Worth Metroplex. It is estimated that the population of the area is around 95,000 and is one of the fastest-growing city populations throughout the United States. It has become the 33rd most populous city in Texas and occupies 36.4 square miles of land as well as 6.07 square miles of Lewisville Lake.
The city was originally founded in the 1840’s under the name Holford’s Prairie. Its first railroad was installed in 1881 which resulted in economic development during the early 1900’s. In 1925 Lewisville incorporated and by the 1950’s the city began to rapidly expand as a result of its vibrant and growing economy.
Lewisville's is extremely close to Lake Lewisville and as a result, it has become a recreational hub of the Dallas–Fort Worth metroplex. The city's municipal government is led by a nonpartisan city council and has recently made a number of cultural and recreational investments. These investments include Toyota of Lewisville Park and the MCL Grand Theater. Being one of the fastest-growing cities in America, the infrastructure within the area has been rapidly invested upon, with a focus around the I-35 Corridor along Interstate 35E. It now has a diverse population with a thriving economy. It also has a fantastic Independent School District which works to provide most of the area's public education programs.
The economy within Lewisville, Texas, is one of the most rapidly expanding in the US. The city has more shopping and dining space per capita than any other city of its size within the Dallas region. Its most popular destinations include the Vista Ridge Mall and the surrounding Vista Ridge shopping district as well as a vibrant old town. In total, there are over 6.7 million square feet of retail and restaurant real estate, which is a sign of it’s growing, upcoming economy.
Alongside a popular shopping district, there are also a number of well-known companies that operate within the area. These include Xerox, TIAA-CREF as well as a number of local businesses. These independent businesses have created a healthy local economy in which individuals will have the opportunity to set up shop for themselves.
The old town is also a major selling point of business within the city. Within the area, you will find the DCTA rail station, which provides hundreds of jobs within the area, as well as a popular mode of transport for many of the employees for local businesses.