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Electricity Rates in Texas

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Texas energy rates

SaveOnEnergy can help you navigate the confusing world of deregulated energy quickly and easily. Since 2002, more than 5.6 million Texans have exercised their power to choose. With the free SaveOnEnergy marketplace, you can compare energy providers, rates, and plans to find the right electricity plan for you.

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

  • Years of expertise. We’re the largest online energy marketplace in the country and have helped over 1 million Texans find the right energy plan for them.
  • Best rates and plans. We partner with trusted providers such as TXU Energy, Reliant Energy, and First Choice Power to show today’s low rates and plans at no cost to you.
  • Simple shopping process. We make it easy to shop. Compare plans and sign up online in a few simple steps. Questions? Give us a call, and one of our energy experts will be happy to help.

Texas electricity rates

Plan Name Plan Length Rate
Express Energy - Flash 12 - with Auto Pay 12 months $0.055 / kWh
Frontier Utilities - Best Value 12 12 months $0.056 / kWh
Gexa Energy - Gexa Saver Deluxe 12 12 months $0.056 / kWh
Pulse Power - Texas Saver 12 12 months $0.062 / kWh
4Change Energy - Maxx Saver 12 12 months $0.066 / kWh
Constellation - 12 Month Flat Tier Product 12 months $0.080 / kWh
Cirro - Smart Value 12 Online 12 months $0.083 / kWh
Just Energy - Base Saver III 12 months $0.083 / kWh
TXU Energy - Smart Edge 12 12 months $0.099 / kWh
Discount Power - Value Plus 12 12 months $0.101 / kWh
First Choice Power - You Got This 36 36 months $0.106 / kWh
Reliant - Secure Advantage 18 18 months $0.107 / kWh
Direct Energy - Live Brighter 36 36 months $0.109 / kWh
Green Mountain - Pollution Free e-Plus 36 Preferred 36 months $0.109 / kWh
TriEagle Energy - Golden Eagle 36 months $0.112 / kWh
Iberdrola Texas - Wind By TX 36 36 months $0.120 / kWh
Chariot Energy - Green Saver 36 36 months $0.121 / kWh
Payless Power - SmarTricity Premier 12 - Prepaid Plan 1 month $0.141 / kWh

Please note: All rates above are accurate as of 9/24/2020, 4:15:14 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 shop with SaveOnEnergy

We’ll show you today’s low energy rates from top providers in Texas. Just enter your ZIP code to get started!

  1. Shop low rates. We work with trusted retail electricity providers to ensure that our customers get the best quality product and service. Our online marketplace can easily be customized to show rates and plans that fit your needs.
  2. Sign up easily. If you’re not sure which plan to choose or you’d like to go over a plan’s details, call to speak to one of our energy experts. If you’re confident in your choice, you can sign up online. Either way, the process is quick and easy.
  3. Start saving. Your new provider will work with your utility company to handle the switch, so all you have to do is sit back, relax and enjoy your new electricity rate!

Enter your ZIP code above to see the best electricity rates currently available in your area. Need more information? Call one of our energy experts or keep reading to learn more about the energy market and the types of plans you may see on our marketplace.

Texas energy plans

Finding the right energy plan in a deregulated market can seem confusing or overwhelming. SaveOnEnergy is here to make things easier. Here are a few of our resources and guides to help you navigate the shopping process.

Find a cheap electricity rate

The U.S. Energy Information Administration (EIA) tracks average retail electric rates in Texas, as shown in the chart below through February 2020. Many factors affect the rise and fall of energy rates in Texas, including seasonal changes. Consumers who buy at an off-peak time may lock in a lower rate.

 

Chart shows how Texas electricity rates have changed.

The 2020 average for residential Texas electricity rates is 11.86 cents per kilowatt hour (¢/kWh). The current lowest Texas rate in the SaveOnEnergy marketplace is 6.3¢/kWh.

Electric plans in Texas

There are several types of electricity plans and energy rates to choose from in the deregulated Texas market. Your lifestyle, energy needs, and average electricity consumption can help you choose the best option for you. Some popular options include: 

  • Fixed-Rate Plans. These plans have fixed electric rates set in your contract and you’ll pay that same rate every month, regardless of fluctuations in the energy market. If you value stability, a fixed-rate plan may work well for you.
  • Variable-Rate Plans. These plans are subject to change depending on energy market volatility. This means you can get a cheaper rate when demand is low, but might be stuck paying more when demand is high. Variable-rate plans are best for those who like flexibility.
  • Green Energy Plans. These plans allow consumers to offset up to 100 percent of their household or business’ carbon emissions from the building’s electricity consumption.
  • Prepaid Plans. These plans do not require a credit check and allow consumers to pay for energy in advance. They’re also a popular no deposit option.

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

A few things to remember

  • 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.

CenterPoint Energy electricity rates for Houston

Plan Name Plan Length Rate
Express Energy - Flash 12 - with Auto Pay 12 months $0.062 / kWh
Gexa Energy - Gexa Saver Deluxe 12 12 months $0.063 / kWh
Frontier Utilities - Best Value 12 12 months $0.063 / kWh
4Change Energy - Maxx Saver 12 12 months $0.069 / kWh
Pulse Power - Texas Saver 12 12 months $0.069 / kWh
Constellation - 12 Month Flat Tier Product 12 months $0.080 / kWh
Cirro - Smart Value 12 Online 12 months $0.088 / kWh
Just Energy - Base Saver III 12 months $0.089 / kWh
Discount Power - Value Plus 12 12 months $0.108 / kWh
TXU Energy - Smart Edge 12 12 months $0.109 / kWh
Green Mountain - Pollution Free e-Plus 36 Preferred 36 months $0.114 / kWh
First Choice Power - You Got This 36 36 months $0.114 / kWh
Direct Energy - Live Brighter 36 36 months $0.117 / kWh
Reliant - Secure Advantage 18 18 months $0.118 / kWh
TriEagle Energy - Golden Eagle 36 months $0.120 / kWh
Iberdrola Texas - Wind By TX 36 36 months $0.126 / kWh
Chariot Energy - Green Saver 36 36 months $0.133 / kWh
Payless Power - SmarTricity Premier 12 - Prepaid Plan 1 month $0.145 / kWh

CenterPoint Energy serves as the TDSP for Houston, Cypress, Pasadena and more.

Please note: All rates above are accurate as of 9/24/2020, 4:15:14 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 for Dallas

Plan Name Plan Length Rate
Express Energy - Flash 12 - with Auto Pay 12 months $0.055 / kWh
Frontier Utilities - Best Value 12 12 months $0.056 / kWh
Gexa Energy - Gexa Saver Deluxe 12 12 months $0.056 / kWh
Pulse Power - Texas Saver 12 12 months $0.062 / kWh
4Change Energy - Maxx Saver 12 12 months $0.066 / kWh
Constellation - 12 Month Flat Tier Product 12 months $0.080 / kWh
Just Energy - Base Saver III 12 months $0.083 / kWh
Cirro - Smart Value 12 Online 12 months $0.083 / kWh
TXU Energy - Smart Edge 12 12 months $0.099 / kWh
Discount Power - Value Plus 12 12 months $0.101 / kWh
First Choice Power - You Got This 36 36 months $0.106 / kWh
Reliant - Secure Advantage 18 18 months $0.107 / kWh
Direct Energy - Live Brighter 36 36 months $0.109 / kWh
Green Mountain - Pollution Free e-Plus 36 Preferred 36 months $0.109 / kWh
TriEagle Energy - Golden Eagle 36 months $0.112 / kWh
Iberdrola Texas - Wind By TX 36 36 months $0.120 / kWh
Chariot Energy - Green Saver 36 36 months $0.121 / kWh
Payless Power - SmarTricity Premier 12 - Prepaid Plan 1 month $0.141 / kWh

Oncor serves as the TDSP for Dallas, Fort Worth, Plano, Paris and more.

Please note: All rates above are accurate as of 9/24/2020, 4:15:14 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 for North and West Texas

Plan Name Plan Length Rate
4Change Energy - Maxx Saver 12 12 months $0.071 / kWh
Frontier Utilities - Best Value 12 12 months $0.072 / kWh
Gexa Energy - Gexa Saver Deluxe 12 12 months $0.072 / kWh
Pulse Power - Texas Saver 12 12 months $0.077 / kWh
Just Energy - Base Saver III 12 months $0.079 / kWh
Cirro - Smart Value 12 Online 12 months $0.086 / kWh
Constellation - 12 Month Usage Bill Credit 12 months $0.088 / kWh
TXU Energy - Smart Edge 12 12 months $0.095 / kWh
Discount Power - Value Plus 12 12 months $0.099 / kWh
First Choice Power - You Got This 36 36 months $0.100 / kWh
Direct Energy - Live Brighter 36 36 months $0.103 / kWh
Green Mountain - Pollution Free e-Plus 36 Preferred 36 months $0.104 / kWh
Reliant - Secure Advantage 18 18 months $0.107 / kWh
TriEagle Energy - Golden Eagle 36 months $0.108 / kWh
Chariot Energy - Green Saver 36 36 months $0.122 / kWh
Iberdrola Texas - Wind By TX 36 36 months $0.124 / kWh
Payless Power - SmarTricity Premier 12 - Prepaid Plan 1 month $0.144 / kWh

AEP Texas North serves as the TDSP for Abilene, Alpine, San Angelo and more.

Please note: All rates above are accurate as of 9/24/2020, 4:15:13 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 for South Texas

Plan Name Plan Length Rate
Express Energy - Flash 12 - with Auto Pay 12 months $0.065 / kWh
Gexa Energy - Gexa Saver Deluxe 12 12 months $0.066 / kWh
Frontier Utilities - Best Value 12 12 months $0.066 / kWh
4Change Energy - Maxx Saver 12 12 months $0.069 / kWh
Pulse Power - Texas Saver 12 12 months $0.070 / kWh
Just Energy - Base Saver III 12 months $0.090 / kWh
Cirro - Smart Value 12 Online 12 months $0.092 / kWh
Constellation - 12 Month Usage Bill Credit 12 months $0.094 / kWh
Discount Power - Value Plus 12 12 months $0.108 / kWh
TXU Energy - Smart Edge 12 12 months $0.109 / kWh
First Choice Power - You Got This 36 36 months $0.111 / kWh
Green Mountain - Pollution Free e-Plus 36 Preferred 36 months $0.112 / kWh
TriEagle Energy - Golden Eagle 36 months $0.112 / kWh
Direct Energy - Live Brighter 36 36 months $0.114 / kWh
Reliant - Secure Advantage 18 18 months $0.118 / kWh
Iberdrola Texas - Wind By TX 36 36 months $0.128 / kWh
Chariot Energy - Green Saver 36 36 months $0.134 / kWh
Payless Power - SmarTricity Premier 12 - Prepaid Plan 1 month $0.148 / kWh

AEP Texas Central serves as the TDSP for Corpus Christi, Laredo, Weslaco and more.

Please note: All rates above are accurate as of 9/24/2020, 4:15:14 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.

TNMP electricity rates for Central, West, and Gulf Coast Texas

Plan Name Plan Length Rate
4Change Energy - Maxx Saver 12 12 months $0.078 / kWh
Gexa Energy - Gexa Saver Deluxe 12 12 months $0.080 / kWh
Frontier Utilities - Best Value 12 12 months $0.080 / kWh
Pulse Power - Texas Saver 12 12 months $0.084 / kWh
Cirro - Smart Value 12 Online 12 months $0.100 / kWh
Just Energy - Base Saver III 12 months $0.101 / kWh
Constellation - 12 Month Usage Bill Credit 12 months $0.106 / kWh
TXU Energy - Smart Edge 12 12 months $0.115 / kWh
Discount Power - Value Plus 12 12 months $0.117 / kWh
Green Mountain - Pollution Free e-Plus 36 Preferred 36 months $0.118 / kWh
Reliant - Secure Advantage 18 18 months $0.123 / kWh
First Choice Power - You Got This 36 36 months $0.125 / kWh
Direct Energy - Live Brighter 36 36 months $0.128 / kWh
Iberdrola Texas - Wind By TX 36 36 months $0.135 / kWh
Chariot Energy - Green Saver 36 36 months $0.146 / kWh
Payless Power - SmarTricity Premier 12 - Prepaid Plan 1 month $0.151 / kWh

TNMP serves as the TDSP for Dickinson, Lewisville, Stephenville and more.

Please note: All rates above are accurate as of 9/24/2020, 4:15:14 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.

Contact your utility company

Experiencing a power outage or emergency? Contact your utility company, not your electricity supplier. Contact information for Texas utility companies can be found below:

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