Compare Texas Electricity Prices

Texas Energy Rates

SaveOnEnergy helps Texans find the best energy provider in deregulated areas and easily secure a reliable, affordable electricity plan. Since 2002, more than 5.6 million residents and business owners in Texas have used their power to choose a retail energy provider (REP). With the SaveOnEnergy marketplace, you can compare energy companies and rates in your area at no cost, making it easy to find the best electric plan near you.

At SaveOnEnergy, we try to make shopping for a deregulated energy plan simple. We offer our customers:

• Years of expertise. We’re the largest online energy marketplace in the country and have helped more than 1 million Texans find the best electricity plan in their area.
• Best rates and plans near you. We only work with the top electric providers, including TXU Energy, Reliant Energy, and First Choice Power, so you can find today’s low electricity rates in your area – and our marketplace does not cost anything to use.
• Simple shopping process. Our marketplace makes it easy to find and compare energy plans from different companies. Once you’ve found the right plan for your home or business, we can walk you through the signup process in a few simple steps. Questions? Call the number at the top of your screen and one of our energy experts will be happy to help.

How To Shop With SaveOnEnergy

We’ll show you today’s low energy rates from the best Texas electricity companies in your area. Enter your ZIP code above to get started.

• Shop 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 allows you to filter to find rates and plans that fit your needs.
• Sign up easily. If you’re not sure which plan to choose or have questions about a plan’s details, call the number above to speak with one of our energy experts. You can also skip the phone and 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.

Enter your ZIP code above to explore the best electricity rates currently available in your area.

Texas Energy Plans

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

Fixed-rate plans

These plans have fixed electric rates set in your contract, so you’ll pay the same rate every month regardless of changes in the energy market. The wholesale cost of electricity changes often, but fixed-rate plans won’t feel the effects of market variations. Most fixed-rate electricity plans require a contract, locking you in for a set amount of time. If you decide to leave this contract before it expires, you may have to pay an early termination fee. If you value stability and security, a fixed-rate plan is best for you.

Variable-rate plans

Variable-rate plans are the opposite of fixed-rate plans. The rate you pay with a variable-rate plan is subject to change based on the energy market. This means you may be able to find a cheaper rate when demand is low, but your rate could spike when demand is high. That said, variable-rate energy plans do not require a contract, so you could switch to another plan when market prices go up. Variable-rate plans can be appealing to those who like flexibility, but come with a fair amount of risk since it’s not always obvious when the wholesale cost of energy will spike.

Green energy plans

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. What’s more, Texas solar power consistently ranks in the top five for electricity generation. This means that energy consumers across Texas have their choice of 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.

Prepaid plans

When you shop for an energy plan, your credit score will determine whether providers will require a deposit before they will begin service. But some consumers want to avoid a credit check or bypass paying a deposit. Prepaid energy plans are a popular no-deposit option that do not require a credit check and allow consumers to pay for energy in advance. 

For a deeper dive into plan types, rate options, and contract lengths, visit our guide to picking the right energy plan.

Business energy plans

Business owners in Texas also benefit from the power to choose an energy provider/ Thanks to deregulation, in 2021 Texas commercial energy rates were the second-lowest in the nation. Businesses in your area can secure affordable business electricity rates using SaveOnEnergy. Request a customized business energy plan or call the number on your screen to speak with one of our energy experts.

Finding the right energy plan can seem overwhelming. SaveOnEnergy is here to make the process easier. We offer a wealth of resources, guides, and tips to help you navigate the shopping process.

• Learn more about electric providers and utility companies in Texas.
• If you want to avoid a credit check or skip paying a deposit, visit our no-deposit page. 
• Interested in switching to a new energy supplier? Read our guide to switching plans.

Energy rates and bills vary by state. To find out where your state ranks, visit our electricity bills by state page. We update it monthly using the most recent information from the Energy Information Administration.

SaveOnEnergy’s Tips For Easy Electricity Service Setup

• Don’t forget to read your plan’s Electricity Facts Label before signing up. It contains important information including:
  • Price per kilowatt-hour based on usage
  • % renewable energy sourcing
  • Early termination fees
• Enjoy hassle-free supplier setup. Once your order has been 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.
• Understanding your electricity bill. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees can be found as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.

Electric Suppliers In Texas

In the deregulated Texas market, there are energy providers, sometimes called electric suppliers, and utility companies. You can choose from any of the available energy providers in your area using the SaveOnEnergy marketplace. Your provider is responsible for generating or buying the electricity that powers your home or business and selling it to consumers.

While you have the power to choose your provider, you cannot choose your utility company, which is based on where you live. Your utility is in charge of delivering electricity to your home, maintaining infrastructure, and restoring power when there is an outage. If your power goes out, contact your utility, not your electric supplier.

Contact your utility company

Experiencing a power outage? Contact your utility company using the information below:

• CenterPoint Energy
• Oncor Electric Delivery
• AEP Texas North
• AEP Texas Central
• Texas-New Mexico Power

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