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Frequently asked questions
The cheapest electricity rates from Texas energy companies vary based on your location, plan type, time of year, and more. Providers like 4Change, Gexa Energy, and Express Energy tend to offer some of the lowest rates. Enter your ZIP code for the most accurate electricity rates in your area.
Texas deregulated its electricity market to introduce more competition and offer consumers an opportunity to save on energy rates. Deregulation is also designed to spur companies toward innovation in a competitive market.
If you’re not happy with your energy company in Texas, you can switch services anytime. However, you may have to pay an early termination fee if you cancel a fixed-rate plan before your contract expires.