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Grapevine Electricity Rates

Grapevine Electricity Rates

Lowest electric rates in Grapevine today:

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

Grapevine Energy Market Data

Last updated May 2020

  • The average Grapevine commercial electricity rate was 7.9 ¢/kWh (24% lower than the national average).
  • The average Grapevine residential electricity rate was 11.79 ¢/kWh (7% 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)

Grapevine Energy Rates

Compare Grapevine electricity rates from top energy companies

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 allow consumers to choose their provider which has forced Grapevine electricity providers to be more efficient and reduce costs. On top of this, they must offer improved customer service and lower rates to their customers in order to remain competitive. 

Grapevine's Historic Mainstreet

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, allowing them to take advantage of the deregulated market and get the best possible deal. 

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

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

Grapevine Commercial Electricity

If you are a business in the deregulated energy market of Grapevine, you now have the power to choose your electricity supplier and your rate. To compete for your business, energy suppliers are forced to be more efficient, as well as offer customer-centric business energy plans with competitive energy rates.

Small Businesses in Grapevine


Even though you have the power to choose, it can still be a daunting task. In each specific zip code, today’s commercial customers have hundreds of plans from at least 20 different energy suppliers to choose from. Although the intended result of deregulation was to lower prices for small businesses, medium businesses, and larger enterprise-level businesses, the market is not that simple. In many cases, comparing energy plans is still confusing due to the sheer number of plans available, promotional rates that are not apples-to-apples and the legal fine print that details fees and penalties. 

Commercial energy customers can maintain control over the process by reviewing their monthly usage and average monthly electricity bill. A good rule of thumb to follow based on the amount of the monthly bill.

If your average business electricity bill is under $500 per month, then you can get a very good energy rate for your business through a simple online comparison of energy rates.

If your average commercial electricity bill is over $500 per month, then you will most likely get a more competitive energy rate through the custom energy quote process. The custom process is exactly that. You must provide basic business information, your energy usage and submit a recent electricity bill. EnergyBot can leverage partnerships with suppliers to work on your behalf and secure the best energy rate for your business. Although it will take more time to complete, the custom quote process may deliver a lower energy rate that will add up to big savings for your business.

For Grapevine businesses, researching Grapevine 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 cut energy costs by 15%. As a purely 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 is over. EnergyBot is committed to giving you a real choice.

Renewable Energy Windmills

Renewable Energy Plans in Grapevine

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.

Grapevine has invested significantly in its renewable energy footprint over the past decade and has since set goals to improve the energy efficiency of city-owned facilities as well as conserve natural resources. A number of changes have now been made, including the implementation of a regional clean fleet program and legislation that supports regional public transportation.

Grapevine Electricity Pricing Trend

Cheapest Grapevine electric rates

Source: EnergyBot

Switch Electricity Providers in Grapevine

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 Grapevine, 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 Grapevine is responsible for transporting electricity from the generators to residential homes and businesses in this specific region.

Energy providers in Grapevine 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 Grapevine

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 Grapevine

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 Grapevine

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 Grapevine

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

About Grapevine, Texas

Grapevine is a suburban city with about 54,000 residents. It is located in northeast Tarrant County, with areas in both Dallas and Denton. The majority of the Dallas-Fort Worth International Airport is located in Grapevine, which resulted in rapid expansion during the 1970’s. 

The city was originally founded in 1843 by General Sam Houston, who at the time chose to set camp a location named Tah-Wah-Karro Creek. He later signed a peace treaty with 10 Indian Nations that opened the area up for homesteaders. The area was then named Grape Vine due to the many wild grapes that grew within the area. The settlement soon expanded and was renamed Grapevine in 1914. 

The Grapevine metropolitan area is located new major interstate highways, which provides it with a fantastic central location. It is very easy to access, with access to many popular areas such as Fort Worth, Southlake, Denton, and many other areas. In recent years, the government has been very open to modern energy solutions, making use of wind energy and solar panels, whilst replacing old lighting with modern, LED alternatives.

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.

Large Power Lines in Texas

Texas Energy Information

Texas has long been synonymous with the energy industry. Both Dallas and Houston are hosts to a laundry list of corporate headquarters in the energy space, and not just for electricity. Texas also accounts for 37% of the United States total oil production and 24% of its natural gas production.

Grapevine Business Profile

The strategic location of Grapevine has made it a popular destination for businesses since its foundation in 1843. With easy access through strategic interstate highways, the area allows business owners to easily access a range of suppliers, as well as a flexible workforce. The city continues to grow each year, with a growing emphasis on renewable products and energy. 

The historic downtown of the city alongside its pro-business climate has created a boom in the restaurant and hotel industry, with over 100 hotels in the downtown alone. It is ideal for business relocations, with fantastic infrastructure and a strong workforce. 

Grapevine continues to steadily grow with a 2.36% yearly increase in population as well as an average increase for household incomes of 2.58%. It has recently been recognized for both its economic potential, as well as continuous improvement towards renewable, sustainable energy sources. 

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