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Texas energy rates

Most Texas energy markets are fully deregulated. It means Texas residents and business owners have the power to choose a retail energy provider (REP). The SaveOnEnergy.com® marketplace allows you to compare energy companies and rates in your area at no cost, making it easy to find the best Texas electricity rates.

Texas electricity rates

Plan Name Plan Length Rate
Frontier Utilities - Frontier Super Value 24 24 months $0.127 / kWh
Gexa Energy - Gexa Saver Deluxe 24 24 months $0.129 / kWh
First Choice Power - You Got This 12 12 months $0.133 / kWh
Express Energy - Flash 24 24 months $0.135 / kWh
Chariot Energy - GridEdge 18 18 months $0.136 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.137 / kWh
TXU Energy - Smart Edge 12 12 months $0.145 / kWh
Constellation - 36 Month Usage Bill Credit 36 months $0.149 / kWh
Just Energy - Simple Rate 36 36 months $0.155 / kWh
Discount Power - Value Plus 36 36 months $0.157 / kWh
Pulse Power - Texas Green 36 36 months $0.159 / kWh
Reliant - Basic Power 36 36 months $0.167 / kWh
Cirro - Smart Value 12 Online 12 months $0.186 / kWh
TriEagle Energy - Golden Eagle 36 36 months $0.192 / kWh
Payless Power - Premier 12 - Prepaid Plan 12 months $0.192 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.197 / kWh

Please note: All rates above are accurate as of 5/21/2022, 4:37:56 PM CDT for ZIP Code 75001. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

How to find the best electricity rates in Texas

Electricity rates in Texas fluctuate throughout the year depending on seasonality, location, weather, and supply and demand. With SaveOnEnergy’s independent marketplace, you can find and compare available electricity rates and plans from the top Texas energy providers. Here’s how to get started.

  • Browse low rates in your area. We work with trusted retail electricity companies in your area to ensure you receive the best quality products and service. Our online marketplace lets you filter to discover rates and plans that fit your needs.
  • Sign up in minutes. If you’re not sure which plan to pick or have questions about a plan’s details, call the number above to speak with one of our energy experts. You can also sign up online. Either way, the process is quick and easy.
  • Enjoy your new energy plan. Once you’ve signed up for a plan, your new energy provider will work with the utility company to handle the switch. All you have to do is sit back, relax, and enjoy your new electricity plan.

Texas Energy Data

Last Updated May 2022

The average price for electricity in Texas in 2021 was 12.10 cents per kilowatt-hour (kWh).

The latest average residential electricity rate in Texas is 12.28 cents per kWh (11.2% lower than the national average). The latest average commercial electricity rate in Texas is 8.47 cents per kWh (28% lower than the national average).

SaveOnEnergy offers Texas electricity plans as low as 10.3 cents per kWh.

*Data sourced from the U.S. Energy Information Administration

Average electricity rates in Texas

Using data from the Energy Information Administration, the chart below shows the electric price changes in Texas in cents per kilowatt-hour (kWh) throughout the year. SaveOnEnergy.com’s marketplace can help you find cheap electricity in Houston based on seasonality and location.

The average Texas electricity rate was 12.10 cents per kWh in 2021. However, you can find energy rates as low as 7.6 cents per kWh on the SaveOnEnergy.com marketplace. Enter your ZIP code above and locate the cheapest electricity rate currently available.

Electricity rates in my area

Electricity rates can vary based on your location. This is mainly due to differences in utility transmission fees, which your utility charges to transfer electricity from your provider to your home or business. Because energy prices can fluctuate, it’s important to check for rates that are accurate to your area.

The SaveOnEnergy marketplace can make it easier for you to find the best Texas electricity rates in your area. Enter your ZIP code above and we’ll show you up-to-date energy prices and plans from the electricity providers near you.

 

Moving to Texas?

Texas is the largest energy producer in the U.S. The state leads the nation not only in oil and gas production, but also in wind and solar generation. The Lone Star State also offers low electricity rates and a multitude of plans from reliable energy companies. If you are moving to a deregulated area of Texas, you will need to choose an energy provider for your new home. SaveOnEnergy lets you sort through all of your available options and sign up for a plan. Enter your new ZIP code or call the number above to shop for Texas electricity plans for your new home.

Texas Energy plans

There are several types of energy plans and rates to choose from in Texas. Your lifestyle, energy needs, and average monthly electricity consumption can help you find the best energy plan near you. Here is a rundown of the most popular types of energy plans in Texas.

Fixed-rate plans in Texas

These plans have fixed electricity rates outlined in your contract, so you’ll pay the same rate every month regardless of price fluctuations in the energy market. Most fixed-rate electricity plans require a contract, and if you break the contract before it expires, you may have to pay an early termination fee (ETF). If you value stability and security, a fixed-rate plan is best for you.

Variable-rate plans in Texas

A variable-rate plan, the price you pay for electricity is subject to change based on changes in the energy market. This means you may be able to find a cheaper rate when electricity demand is low, but your rate could spike when the demand is high. Variable-rate plans do not require a contract, so you could switch to another plan when market prices increase. Variable-rate plans can be appealing to those who like flexibility. 

No-deposit and prepaid energy plans in Texas

Some providers will require a deposit for an energy plan before they begin service. The deposit is based on your credit score. Some providers offer no-deposit energy options for consumers who want to avoid a credit check or bypass paying a deposit. Prepaid energy plans are a popular type of no-deposit plan that do not require a credit check and allow consumers to pay for energy in advance.

Green energy plans in Texas

Texas has emerged as a leader in green energy in recent years. Texas leads the nation in wind energy generation, far surpassing any other state in the country. Texas solar power consistently ranks in the top five for electricity generation. This means that energy consumers across Texas can choose electricity plans powered by wind or solar energy.

Every Texas electricity plan contains some percentage of green energy in the mix. To find the specific percentage for a plan, check its Electricity Facts Label. Some Texas energy providers specialize in offering 100 percent green energy plans, including Green Mountain Energy, Gexa Energy, and Chariot Energy. Enter your ZIP code above and you can filter for green energy plans in your area.

Business energy plans in Texas

Business owners in Texas can also choose an energy provider. Thanks to energy deregulation, commercial electricity rates in Texas are often lower than the national average. Businesses in Texas can secure affordable business electricity rates on SaveOnEnergy.com. Request a customized business energy plan or call the number on your screen to speak with one of our energy experts.

Energy providers and utility companies in Texas

In deregulated markets, energy providers and utility companies are responsible for different tasks. You can choose your energy provider from a pool of qualified companies. Your provider will generate or buy electricity and sell it to consumers. 

However, you cannot choose your utility company, which is determined by your location. The utility company is responsible for delivering energy to your home or business. Your local utility is also in charge of maintaining electrical infrastructure and restoring power if there is an outage. If you experience a power outage, contact your utility company, not your energy provider.

Contact your Texas utility company

Is there a power outage in your area? Contact your Texas utility company to report the outage or receive updates about when your service will be restored. 

Not sure what kind of energy plan will work for your home?

SaveOnEnergy guides can help you navigate the energy industry and find the best electricity plan for your home. We have deep dives into no-deposit plans, solar energy, and how to save energy in your home. The SaveOnEnergy.com usage calculator estimates the amount of electricity you use in your home and helps you find the right energy plan to match your consumption level. And if you have questions, you can always call the number on this page and one of our energy experts will talk you through your options.

SaveOnEnergy’s tips for easy electricity service setup

Remember to read your electric plan’s Electricity Facts Label before signing up. It contains

  •      Important information including:
    • Price per kilowatt-hour (kWh) based on usage
    • Percentage of renewable energy 
    • Early termination fees
  • After your order is confirmed, your new supplier will set up service with your utility, or transmission and distribution service provider (TDSP) — but don’t worry, there shouldn’t be any interruption to your power during the switch.
  • Your local TDSP will still deliver electricity to your home and maintain electric infrastructure, such as meters and power lines. Your utility fees can be found as TDU or TDSP charges on your monthly bill.

Texas energy FAQs

How do I find the best Texas energy plan? Expand / Collapse Toggle

Sorting through all the available providers, rates, and plans in Texas can be time consuming and overwhelming. With the SaveOnEnergy marketplace, you can enter your ZIP code and we’ll show you the top energy plans and Texas electricity rates in your area. You can filter for green energy options, free usage periods, provider scores, and more to easily find the right energy 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. One of our energy experts will help you find the best Texas energy plan and can walk you through the signup process in a matter of minutes.

How can I lower my utility bill? Expand / Collapse Toggle

There are many ways you can lower your monthly electricity bill in Texas. Choosing the right plan to meet your energy usage habits is crucial to reducing your monthly energy bill. You can use our Energy Calculator to estimate your consumption patterns and better understand the best electricity plan for your needs

What is a good energy provider in Texas? Expand / Collapse Toggle

If you live in Texas, there are dozens of top-tier electricity providers near you. We can help you sort through your options and choose the best provider for your home or business.

SaveOnEnergy only works with the best electricity providers in Texas. If a provider does not offer reliable service or affordable rates, we don’t show its plans on our marketplace. Simple as that. This means you can trust that the providers and plans you find on our marketplace are the best options available.

Among the most popular Texas energy providers that we work with are TXU Energy, Reliant Energy, Direct Energy, TriEagle Energy, and more. Enter your ZIP code above to explore available rates and plans from the available Texas energy providers near you.

Which provider has the cheapest electricity rates in Texas? Expand / Collapse Toggle

Currently, Frontier Utilities offers the lowest electricity rates in Texas, starting at 9.9 cents per kWh. Gexa Energy is close behind, offering rates as low as 10.4 cents per kWh. Keep in mind that Texas electric rates change frequently as shifts in the energy market affect the wholesale cost of electricity. Rates can also vary by location.

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

Centerpoint electricity rates

Plan Name Plan Length Rate
Frontier Utilities - Frontier Super Value 24 24 months $0.137 / kWh
Gexa Energy - Gexa Saver Deluxe 24 24 months $0.139 / kWh
Chariot Energy - GridEdge 18 18 months $0.142 / kWh
First Choice Power - You Got This 12 12 months $0.144 / kWh
Express Energy - Flash 24 24 months $0.145 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.147 / kWh
Constellation - 12 Month Flat Tier Product 12 months $0.150 / kWh
TXU Energy - Smart Edge 12 12 months $0.155 / kWh
Just Energy - Simple Rate 36 36 months $0.159 / kWh
Pulse Power - Texas Green 36 36 months $0.168 / kWh
Discount Power - Value Plus 36 36 months $0.168 / kWh
Reliant - Basic Power 36 36 months $0.178 / kWh
Payless Power - Premier 12 - Prepaid Plan 12 months $0.178 / kWh
TriEagle Energy - Golden Eagle 36 36 months $0.195 / kWh
Cirro - Smart Value 12 Online 12 months $0.197 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.202 / kWh

Please note: All rates above are accurate as of 5/21/2022, 4:37:56 PM CDT for utility Centerpoint. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Oncor electricity rates

Plan Name Plan Length Rate
Frontier Utilities - Frontier Super Value 24 24 months $0.127 / kWh
Gexa Energy - Gexa Saver Deluxe 24 24 months $0.129 / kWh
First Choice Power - You Got This 12 12 months $0.133 / kWh
Express Energy - Flash 24 24 months $0.135 / kWh
Chariot Energy - GridEdge 18 18 months $0.136 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.137 / kWh
TXU Energy - Smart Edge 12 12 months $0.145 / kWh
Constellation - 36 Month Usage Bill Credit 36 months $0.149 / kWh
Just Energy - Simple Rate 36 36 months $0.155 / kWh
Discount Power - Value Plus 36 36 months $0.157 / kWh
Pulse Power - Texas Green 36 36 months $0.159 / kWh
Reliant - Basic Power 36 36 months $0.167 / kWh
Cirro - Smart Value 12 Online 12 months $0.186 / kWh
Payless Power - Premier 12 - Prepaid Plan 12 months $0.192 / kWh
TriEagle Energy - Golden Eagle 36 36 months $0.192 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.197 / kWh

Please note: All rates above are accurate as of 5/21/2022, 4:37:56 PM CDT for utility Oncor. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

AEP Texas North electricity rates

Plan Name Plan Length Rate
Frontier Utilities - Frontier Super Value 24 24 months $0.112 / kWh
Gexa Energy - Gexa Saver Deluxe 24 24 months $0.114 / kWh
Express Energy - Flash 24 24 months $0.115 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.117 / kWh
First Choice Power - You Got This 12 12 months $0.126 / kWh
Chariot Energy - GridEdge 18 18 months $0.132 / kWh
TXU Energy - Smart Edge 12 12 months $0.145 / kWh
Constellation - 36 Month Usage Bill Credit 36 months $0.145 / kWh
Just Energy - Simple Rate 36 36 months $0.145 / kWh
Pulse Power - Texas Green 36 36 months $0.161 / kWh
Discount Power - Value Plus 36 36 months $0.162 / kWh
Reliant - Basic Power 36 36 months $0.172 / kWh
TriEagle Energy - Golden Eagle 36 36 months $0.188 / kWh
Cirro - Smart Lock 24 Online 24 months $0.192 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.198 / kWh
Payless Power - Premier 12 - Prepaid Plan 12 months $0.199 / kWh

Please note: All rates above are accurate as of 5/21/2022, 4:37:56 PM CDT for utility AEP North. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

AEP Texas Central electricity rates

Plan Name Plan Length Rate
Frontier Utilities - Frontier Super Value 24 24 months $0.137 / kWh
First Choice Power - You Got This 12 12 months $0.138 / kWh
Gexa Energy - Gexa Saver Deluxe 24 24 months $0.139 / kWh
Chariot Energy - GridEdge 18 18 months $0.142 / kWh
Express Energy - Flash 24 24 months $0.145 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.147 / kWh
TXU Energy - Smart Edge 12 12 months $0.149 / kWh
Constellation - 36 Month Usage Bill Credit 36 months $0.152 / kWh
Just Energy - Simple Rate 36 36 months $0.155 / kWh
Pulse Power - Texas Green 36 36 months $0.159 / kWh
Discount Power - Value Plus 36 36 months $0.162 / kWh
Reliant - Basic Power 36 36 months $0.172 / kWh
TriEagle Energy - Golden Eagle 36 36 months $0.192 / kWh
Cirro - Smart Lock 24 Online 24 months $0.192 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.202 / kWh
Payless Power - Premier 12 - Prepaid Plan 12 months $0.203 / kWh

Please note: All rates above are accurate as of 5/21/2022, 4:37:55 PM CDT for utility AEP Central. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Texas-New Mexico Power electricity rates

Plan Name Plan Length Rate
Frontier Utilities - Frontier Super Value 24 24 months $0.132 / kWh
Gexa Energy - Gexa Saver Deluxe 24 24 months $0.134 / kWh
Express Energy - Flash 24 24 months $0.135 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.137 / kWh
Chariot Energy - GridEdge 18 18 months $0.153 / kWh
First Choice Power - You Got This 12 12 months $0.153 / kWh
TXU Energy - Smart Edge 12 12 months $0.165 / kWh
Just Energy - Simple Rate 36 36 months $0.169 / kWh
Pulse Power - Texas Green 36 36 months $0.178 / kWh
Constellation - 36 Month Usage Bill Credit 36 months $0.179 / kWh
Discount Power - Value Plus 36 36 months $0.179 / kWh
Reliant - Basic Power 36 36 months $0.183 / kWh
TriEagle Energy - Golden Eagle 36 36 months $0.202 / kWh
Cirro - Smart Value 12 Online 12 months $0.204 / kWh
Payless Power - Premier 12 - Prepaid Plan 12 months $0.205 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.213 / kWh

Please note: All rates above are accurate as of 5/21/2022, 4:37:56 PM CDT for utility Texas-New Mexico Power. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

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