In 2002, the Texas legislature approved energy deregulation – paving the way for a competitive energy market. As a deregulated electricity market, 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 Lewisville 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, every 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.
If you are a business in the deregulated energy market of Texas, 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.
Even though you have the power to choose, it can still be a daunting task. In each specific zip code, today’s commercial customers will have hundreds of plans from at least 20 different energy suppliers to choose from. And although the intended result of deregulation was to lower prices for small businesses, medium businesses and larger enterprise-level businesses, it’s 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 – by providing basic business information, energy usage and submitting 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 Lewisville businesses, researching Lewisville 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.
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.
The population in Lewisville has grown significantly over the past two decades and with this growth, there has been an investment into green energy. A number of initiatives have been started such as The Brownfields program, which helps to redevelop properties that have become environmentally contaminated. In addition to this, the Lewisville Lake Environmental Learning Area has set an objective of protecting wildlife within the Lake area through continuous research and education programs. Residents have the chance to sign up for renewable energy programs. Top suppliers that offer such programs include Amigo Energy and Green Mountain Energy, both of which allow customers to go green with their home energy plans.
Finding a new electricity provider in Lewisville is simple. Follow these simple steps to get the lowest electricity rate in Lewisville.
Enter your zip code ad the top of this page and you can quickly see plans from the top Lewisville electric companies. For even better pricing use our data linking tool to pull in your historic usage from your utility.
Energy plans often have long confusing contracts. We don't like teaser rates and tricky terms, so we filter out the plans that trick customers into bill spikes. Each plan you see on our site has plan details and the Electricity Facts Label. This breaks down the most important information about the plan into a way that is easy to understand.
Once you have decided on a new energy plan for your home business just follow the prompts to confirm. Once you're done, we give you dashboard to see the status of your contract.
Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. The local utility in Lewisville is responsible for transporting electricity from the generators to residential homes and businesses in this specific region.
Energy providers in Lewisville like TXU Energy and Cirro Energy are the competitive energy retailers. In Texas, these companies are called Retail Electric Providers (REPs).
Energy suppliers offer two different types of plans for residential and business customers: a fixed-rate plan or a variable-rate plan.
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 plans 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.
In almost every case, EnergyBot recommends a fixed-rate plan. If you are unsure on what plan is right for your feel free to contact us.
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 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.
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.