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Texas Electricity Rates | Compare Best Plans & Prices in 2023

Written by Caitlin Ritchie/

Edited by Jamie Cesanek

Last updated 10/13/2023

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Key Points

  • The latest residential Texas electric rates are 14% lower than the national average, at 13.83 cents per kWh, as of the latest EIA update in July 2023.
  • The latest commercial Texas electric rates are 36% lower than the national average, at 9.07 cents per kWh.
  • Compare cheap electric rates from trusted electricity companies in Texas like Reliant Energy, Direct Energy, Frontier Utilities, and more by entering your ZIP code on our marketplace.

Texas energy FAQs

  • Gexa Energy, Frontier Utilities, Express Energy, and Flagship Power currently offer the cheapest electricity in Texas. Remember that energy rates frequently change due to shifts in the energy market and can also differ based on your location.

    To be sure you are checking the most accurate rates in your area, enter your ZIP code or call the number on your screen to speak with an energy expert. Either way, the process is simple, hassle-free, and will help you find a plan with a low electricity rate.

  • Historically, electricity prices increase during seasons of extreme weather or temperatures. Texas energy rates have begun to decrease as fall weather cools down.

  • Texas electricity bills have increased in recent years as extreme weather led to more energy usage across the state. The most recent data from the EIA shows Texans paid an average of $155.35 in energy bills in June 2023, which is 9% higher than the national average.

  • Sorting through all the available energy companies, rates, and plans in Texas can be time-consuming and overwhelming. With the SaveOnEnergy marketplace, you can enter your ZIP code to browse the average Texas electricity rates and plans in your area. 

    You can filter for green energy options, free usage periods, specific providers, and more to find the right electric plan to fit your needs.

    If you have questions along the way or would like to go over a plan’s details, call the number on your screen. Our energy experts can help you choose a power plan and walk you through the signup process in minutes.

  • If you live in Texas, there are dozens of top-tier power companies near you. We can help you sort through your options and choose the best residential or business electricity plan.

    SaveOnEnergy only works with trusted Texas electricity companies, meaning you can rest assured that the providers and plans you find on our marketplace are the best options available.

    Some of the most popular Texas electricity companies you will find on our marketplace are TXU Energy, Reliant Energy, Gexa Energy, TriEagle Energy, and more. Enter your ZIP code on this page to explore available rates and plans from Texas energy companies near you.

  • No, Texas cannot buy or sell energy across state lines. The power grid in Texas has been independent from the rest of the country since 1935. While other states can transfer electricity across state lines, Texas electricity companies only operate within the Texas Interconnected System, which originated in 1941.

  • There are many ways you can lower your monthly electricity bill in Texas. Cutting back on how much electricity you use each month is the most straightforward way to lower your electricity bill. You can also consider turning on ceiling fans during warmer months, investing in energy-efficient appliances, and running your appliances during cooler times of the day instead of “peak hours” when your AC is blasting. Some residents and businesses also switch to Texas solar for lower electricity bills.

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