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Waco Electricity Rates

Written by Sean Jackson /

Edited by Madison Khalil

Last updated 06/08/2022

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Compare Waco electricity rates

Our marketplace can help you research and compare electricity rates from top Waco electricity providers. SaveOnEnergy is free to use and contains a variety of plan types, providers, and more.

How to find the best electricity rates in Waco with SaveOnEnergy.com

Energy prices fluctuate based on market conditions, such as climate, energy usage, and other factors. With this in mind, you can use our marketplace to secure the best electricity rates in Waco. And you can do this in three steps:

  • Shop for cheap electricity: You can enter your ZIP code to explore the plans and providers near you. If you need more information about an option, click on the plan details to learn about renewable energy incentives, pricing, and more.
  • Sign up fast: You can sign up online or call our energy pros with the number on the screen.
  • Reap the savings: Plans can start in as little as five days, allowing you to harvest the energy savings quickly.

Calculate your energy usage in Waco

You can use our energy calculator to estimate your electricity usage. First, add your daily use of the most common household appliances to estimate your usage each month. Then, you’ll see electricity plans tailored to you based on your energy needs.

Electricity rates in my area

Your location is one of the most vital influencers in determining how much you pay for energy service. When you examine your bill, you’ll see a transmission fee. It is the delivery charge your utility assesses. Because of this, it is common to have the same plan as someone else in Texas, but your rates differ. Using our marketplace can help you find accurate rates near me fast. Enter your zip code to see the options.

Cheap energy prices in Waco

Energy costs fluctuate based on seasonality and other factors. Knowing the right time of year to lock-in an energy plan will help you secure a more affordable rate. With this in mind, you can use the chart below to determine the best time of year to shop for energy. It includes the average prices throughout the year, thanks to the data from the Energy Information Administration.

Types of plans in Waco

You’ll encounter many plans, such as fixed-rate, prepaid, commercial, renewable energy, variable-rate, and no-deposit. Our guide on choosing a plan contains helpful information on how different options work. If you have any questions, our energy experts will be happy to answer them. Call them with the number on the screen. 

Fixed-rate plans in Waco

This plan comes with a contract that ranges from 12-36 months. You receive predictability as you pay the same energy price throughout your term, not including taxes and fees. If you need to switch plans or cancel, you might be charged an early termination fee (ETF).

Variable-rate plans in Waco

There is no contract involved with a variable rate plan. You gain flexibility as you can change your plan without any penalty. However, since your price adjusts monthly, you’ll experience times when rates are higher due to demand. 

Green electricity in Waco

Texas is a leader in green energy, ranking near the top in both wind and solar energy generation. Residents in Texas’s deregulated energy market have an easier time finding affordable green energy rates.

Each Texas energy plan has a percentage of green energy, and you can find out exactly how much in the plan’s Electricity Facts Label (EFL). Certain providers also offer 100% green energy plans. Those providers include Gexa Energy, Chariot Energy, and Green Mountain Energy.

Business energy plans in Waco

Waco businesses can also secure an affordable rate. Use our business energy form to receive personalized solutions. Alternatively, you can give us a call to learn more about your options. 

Energy providers and utility companies in Waco

Electricity providers generate or buy energy used to power your home. In a deregulated energy market, you have the power to choose your energy provider. However, your utility company is responsible for transmitting it to your home or business. They also repair power lines and respond to power outages. You cannot choose your utility provider because it is determined by location.

Power outages in Waco

You should contact your utility company, not your provider, when an outage occurs. The utility to contact in Waco is Oncor. You can report in the following ways.  

  • To report an outage, call Oncor’s 24/7 outage number at 1-888-313-4747 or click here.
  • To report a downed power line, call 911 or 1-888-313-4747.

Moving to Waco?

Waco is a community nestled between Austin and Dallas. Some of the top attractions include the Waco Mammoth National Monument and the Texas Ranger Hall of Fame & Museum. If you are moving to the area, you can use our marketplace to explore rates and plans from the best electric companies near you. Enter your ZIP code to secure an affordable rate today.

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.

How weather affects Waco electricity rates

Weather shapes a role in what you pay for energy service. Temperatures exceed 90 degrees from May through September, indicating electric prices will be high due to the increased demand. Meanwhile, the winters can become chilly at night, with the average temperature being lower than 45 degrees from November through March.

Ideally, you want to shop for and secure an affordable energy rate when demand is lower. In Waco, the fall and spring are the best times to shop for an energy plan.

Waco energy FAQs

  • The best energy plan depends on your energy needs. If you’d like to avoid a credit check and upfront deposit, a no-deposit plan might be best. Or, if green energy is important, a 100% green energy plan could be the best option for you.

  • SaveOnEnergy can help you explore plenty of green energy plans. After you enter your ZIP code above, you can filter the results by only green energy plans. From there, you can compare various green energy plans from different providers to choose the right one.

  • You should first know what you need from an electricity provider. If you need flexibility, a provider with variable rate plans could be the right option. Or, if you have solar panels and want to take advantage of solar incentives, certain providers offer credits and incentives. To start exploring today, enter your ZIP code above.

  • You can lower your electricity bill by shopping around for a more affordable energy plan. You can also reduce your energy usage by setting your thermostat higher and switching to energy-efficient appliances.

Ready to shop for an energy plan? Let’s get you taken care of. Call:

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