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Denton Electricity Rates

Denton Electricity Rates

Lowest electric rates in Denton today:

Source: EnergyBot (updated daily, averages based on 4 month trends)

Denton Energy Market Data

Last updated May 2020

  • The average Denton commercial electricity rate was 7.7 ¢/kWh (29% lower than the national average).
  • The average Denton residential electricity rate was 11.99 ¢/kWh (9% lower than the national average).
  • Texas ranks 4th for the lowest commercial electricity rates in the U.S.
  • Texas ranks 31st in the nation for the cheapest residential electricity rates.
Source: Texas energy data from The U.S. Energy Information Administration (EIA)

Denton Municipal Electric

Unlike most other cities in Texas, Denton has a municipal entity that manages the electricity supply for its businesses and residents called Denton Municipal Electric (DME). If you are looking for information about new or existing services in Denton you should contact DME. If you are in area outside of the DME service map you can compare electric rates here.

To request service or disconnection, call Customer Service at (940) 349-8700.

To report an outage, call Dispatch at (940) 349-7000.

Energy facts for Texas from the U.S. Energy Information Administration:

  • The average Texas commercial electricity rate is 6.7 ¢/kWh (24% lower than the national average). 
  • The average Texas residential electricity rate is 12.7 ¢/kWh (12% lower than the national average).
  • Texas leads the nation in electricity generation from wind. 
  • Texas ranks fifth in the nation in electricity generation from solar.
Denton County Courthouse in Denton, Texas

In 2002, the Texas legislature approved energy deregulation – paving the way for a competitive energy market. As a deregulated electricity market, the state’s retail energy companies would need to compete - against each other - for the millions of Texas residential and business customers. The goal of a deregulated, or competitive energy market, is to give the power to choose to the consumer – which forced Denton electricity providers to be more efficient and lower costs – and offer improved customer service and lower rates to their customers. Going forward, the home and business customers of energy suppliers would have the ability to switch to a new energy provider (at the end of each contract) to maintain the advantage of the deregulated market.

For small and medium sized businesses to larger corporations, the deregulated market in Texas has flourished in the new era of competition. Today, most home and business can compare energy plans from top energy suppliers and shop for the best rate available – and then make the switch.

In an analysis of the energy data, most businesses can effectively reduce their monthly electricity costs by pro-actively researching providers and switching energy plans every 12 to 24 months.

Powerlines outside Denton

Denton commercial electricity 

If you are a business in the energy market of Denton Texas, you are served by Denton Municipal Electric that is owned by the residents of Denton. Therefore, unlike many other areas of Texas you do not have the opportunity to choose your electricity supplier. 

Electricity choice has been very  successful across much of Texas with almost 6 million accounts eligible to select a Retail Energy Provider (REP) to serve their home and business electricity.  With many REPs to pick from in most markets, customers are offered a variety of rate plan choices. With such intense competition, REPs are forced to offer highly competitive rates and to be very responsive to customer needs in order to win customers.

But for businesses in Denton, your electricity is served by Denton Municipal Electric. Should you have needs for commercial electricity service outside of Denton, we hope you will consider using EnergyBot to help you find the best electricity supplier and plan to meet your business’ needs.

For businesses in competitive service areas across Texas outside of Denton, researching energy rates and switching to a new electricity plan can be time-consuming and frustrating. EnergyBot is built to make energy simple and help businesses find the best electricity rate quickly and easily. 

Along with saving time, EnergyBot also helps businesses outside of Denton cut energy costs by 15%. As a pure online company, we eliminate the costly overhead fees and sales commissions that are associated with third party energy brokers. The days of paying too much for electricity are over. EnergyBot is committed to giving Texas businesses a real choice.

Wind Farm near Denton Texas

Renewable energy plans in Denton 

Renewable energy plans are becoming more popular across the US and Texas. Because Denton is served by Denton Municipal Electric businesses in Denton are not able to pick a renewable energy plan from other retail energy providers that serve other competitive service areas across Texas.

If your business has electricity needs outside of Denton, you can use EnergyBot to find a competitive supplier and plan. Through our trusted partnerships with leading national energy suppliers, EnergyBot can also help businesses switch to a green energy plan and support a more sustainable business practice. 

Denton Electricity Pricing Trend

Cheapest Denton electric rates

Source: EnergyBot

Switch Electricity Providers in Denton

In a deregulated energy market like Texas, residential and business customers have the power to compare energy suppliers and plans and then switch at their discretion – based on any existing contract terms, renewal dates and fees.

Step 1: Compare energy providers and energy prices online

This is the easy part and it starts online. Today, businesses have a variety of online websites and tools to search and compare energy providers, plans, and rates. The best way to compare providers is to use a simple website like EnergyBot.com. In less than 5 minutes, you can enter basic information about your business, like your zip code and monthly electricity bill, and then search and compare dozens of top energy suppliers in your area to find the lowest energy rate.

Step 2: Take time to review the energy plan details

When you are comparing electricity plans, it will pay – literally – to take time to review the plan details, contract terms, and legal copy. Energy companies may entice you with a low rate, yet the fine print will reveal that it is a variable rate – that is only applicable when you are in a specific range of kWh usage. Also, review the contract term, cancellation fees, and out clauses before signing up for a new plan.

It’s important to do our research and we have you covered. Check out this article to learn more about the different types of energy plans and rates.

Step 3: Upload your most recent electricity bill

In many cases, the energy supplier, broker or website that you are using to find a new electricity plan will ask you to upload your most recent electricity bill. Although this may feel a bit intrusive, it provides pertinent account information and is important to securing the best energy rate available for your business. Your energy bill has your business information as well as the data that outlines your monthly energy usage.

To add, your new energy supplier will require proof of your energy usage before you can switch and your electricity bill is the easiest way to meet the requirement.

Step 4: Request a custom electricity pricing quote

If you own or manage a larger business with high energy usage (and higher monthly bill), then it may be beneficial to request a custom pricing quote. For larger companies, the process is a bit different. Due to your high energy usage, energy suppliers require a comprehensive review of your energy usage to provide a custom quote on a new plan and rate. At EnergyBot, you can get custom pricing support from one of our energy experts.

Step 5: Confirm the switch to a new energy provider

After authorizing a switch to a new energy provider, you will receive a confirmation email with the plan details and start date. It’s very important to review the plan you authorized and the new start date. The transition to a new supplier will be seamless…you won’t even notice until you get the electricity bill the next month.

Frequently Asked Questions About Denton, Texas Energy

What is ERCOT?

Electric Reliability Council of Texas (ERCOT) is a membership-based nonprofit corporation that is governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature and is tasked with managing the flow of power to 26 million Texas residents, 8 million locations and 90% of the Texas grid. ERCOT members encompass many stakeholders –  including consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities, transmission and distribution providers and municipally owned electric utilities.

What is the difference between a Utility and an Energy Provider?

Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. The local utility in Denton is responsible for transporting electricity from the generators to residential homes and businesses in this specific region.

Energy providers in Denton like TXU, Direct Energy, and Cirro are the competitive energy retailers. In Texas, these companies are called Retail Electric Providers (REPs).

Each energy provider buys energy from the wholesale market (the generators) and then re-sells it to consumers (homeowners, renters, and businesses).

In most cases, the consumer, the homeowner, renter, or business, signs a contract with an energy provider for a specific energy plan. The basic energy plan details the rate class, the energy rate per kWh, the contract term length (6, 12, 24, 36 months), and other contract terms like cancellation fee policy.

What is Power to Choose (powertochoose.org)?

Power to Choose is the official and unbiased electric choice website. Sponsored and managed by the Public Utility Commission of Texas (PUC), PowerToChoose is a consumer website that enables retail electric providers to list energy plans.

Currently Power To Choose does not have the ability to show business rates.

Types of Energy Plans offered in Denton

Energy suppliers offer two different types of plans for residential and business customers: a fixed-rate plan or a variable-rate plan.

Each type of plan has its respective pros and cons. As a Texas customer, it’s important to understand the two types of plans before signing up for an electricity plan for your home or business.

Fixed-Rate Electricity Plans in Denton

The simple definition of a fixed-rate plan is that you are signing a contract with an energy supplier that offers a fixed-rate – meaning that the rate will remain constant for the term of the contract. Regardless of weather, natural events like tornados, or market volatility, your rate will not change. In most cases, a fixed-rate plan will have a term length of 6, 12, 24, or 36 months.

Variable-Rate Electricity Plans Denton

The simple definition of a variable-rate plan is that you are signing a contract with an energy supplier that offers a variable-rate – meaning that the rate may change on a monthly basis based on market factors. Variable-rate plans offer more flexibility but also present more volatility in pricing which may impact your monthly electricity bill.

It is important to audit your energy usage and then select the right plan – a fixed-rate plan or a variable-rate plan – before signing a contract with an energy supplier.

Electric Rates in Denton

How much is electricity in Denton, Texas? Rates updated daily

About Denton, Texas

Denton is a city in and the county seat of Denton County, Texas, United States. With an estimated population of 138,541 as of 2018, it is the 24th-most populous city in Texas, the 196th-most populous city in the United States, and the 12th-most populous city in the Dallas–Fort Worth metroplex.

After the construction of Dallas/Fort Worth International Airport finished in 1974, the city had more rapid growth; as of 2011, Denton was the seventh-fastest growing city with a population over 100,000 in the country.

Located on the far north end of the Dallas–Fort Worth metroplex in North Texas on Interstate 35, Denton is known for its active music life; the North Texas State Fair and Rodeo, Denton Arts and Jazz Festival, and 35 Denton Music Festival attract over 300,000 people to the city each year. The city experiences hot, humid summers and relatively few extreme weather events.

With over 45,000 students enrolled at the two universities located within its city limits, Denton is often characterized as a college town. As a result of the universities' growth, educational services play a large role in Denton’s economy.

Hurley Administration Building at UNT Denton, Texas

The University of North Texas (UNT) in Denton is the flagship university of the University of North Texas System, which also includes the UNT Health Science Center in Fort Worth, the University of North Texas at Dallas, and UNT Dallas College of Law. With an enrollment of nearly 38,000, it is the sixth largest university in Texas. The university is accredited by the Southern Association of Colleges and Schools (SACS) Its College of Music, the first school to offer a degree in the field of jazz studies, is nationally recognized.

Texas Woman's University (TWU) is a public university in Denton with two health science center branches in Dallas and Houston. Founded in 1901, the university enrolls more than 13,000 undergraduates and graduates. Men have been admitted to TWU since 1972 but make up less than ten percent of the university. TWU's College of Nursing is the second largest in Texas and in the top 20 of largest nursing programs in the United States, and the school's nursing doctoral program is the largest in the world.

Denton is home to several annual artistic and cultural events that cater to residents and tourists. The annual North Texas State Fair and Rodeo began in 1928 in Denton and promotes the cowboy culture of Texas. In addition to a rodeo, the event features several local country rock performances, pageants, and food contests. 

Texas Business Profile

The 2.7 million small businesses in the state of Texas employ over 4.74 million people and added nearly 95,000 net new jobs, according to the latest SBA Small Business Profile. The economic growth in Texas has remained strong as the unemployment rate dropped from 4.1% to 3.8% in 2019.

Denton, Texas Business Profile

Denton has a vibrant economy driven by educational services, health and social services, manufacturing, and general retail sectors employing over 20,000 people in Denton. The city of Denton’s three largest educational institutions, including the University of North Texas, Denton Independent School District, and Texas Woman's University, are the largest employers, employing almost 12,000 people. The University of North Texas is the largest employer in the city, with 7,764 employees comprising 12.59% of the workforce. The City of Denton also employs more than 1,334 people. Wholesale trade and hospitality jobs also play major roles. 

Notable businesses headquartered in Denton include truck manufacturer Peterbilt, beauty supplier Sally Beauty Company, and jewelry producer Jostens. 

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