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What is a good rate per kWh in Texas?
Today’s cheapest electricity rate is 11.60¢/kWh, 28% lower than the state average of 14.01¢/kWh.
No hidden fees or tricky rates—just clear, straightforward pricing.
Why pay more? Compare plans, find your best rate, and start saving today.
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Texas Electricity Rates
Explore the lowest electricity rates across Texas.
Using ComparePower to find the right energy company was wonderfully easy. I was able to compare prices, review contract terms, as well as use the billing calculator to see what my bill would be based on my current kwh usage (I compared my recent bill with the website’s calculator). This made it so simple to make a decision on what would work for my house.
Don’t be fooled by low advertised rates. The cheapest plan depends on your unique usage.
Simplify your search in 3 steps:
Start with your ZIP code to view available plans in your area.
Estimate your monthly usage using our kWh calculator or past bills.
Filter and sort plans based on your preferences and lifestyle.
Want even more accuracy?Try Live Link™ for automatic personalized matches using your actual usage data.
Ready to start saving?Enter your ZIP code to get started.
Very helpful, ComparePower makes switching providers stress-free. I plugged in my kwh usage from this past year & I could’ve been saving tons of money if I would have utilized this site & switched sooner!
— Ashley, Texas
Electric Utility Rates in Texas
Explore electricity rates in Texas from different utility service areas.
These live rates for ONCOR ELECTRIC DELIVERY COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Current Average Electricity Rates in Texas
Updated September 2024
The average residential electricity rate in Texas is 14.01¢/kWh. This is 14% lower than the national average.
The average business electricity rate in Texas is 9.79 ¢/kWh, which is 35% lower than the national average.
Average Electricity Bills in Texas
The average residential electricity bill in Texas is $140.10.
The average business electricity bill in Texas is $97.90.
This is based on an average monthly usage of 1000 kWh. However, bills vary widely depending on home size, energy usage habits, and specific plans.
Texas Electricity Rates Chart
Explore historical electricity rates in Texas from 2002-2024.
Please note the U.S. Energy Information Administration data has a two-month lag. For the most up-to-date rates, refer to the ComparePower marketplace, which updates rates daily.
Consumption by Home Size
Electricity consumption varies based on the size of the home, location, plan type, and electricity provider.
One-bedroom apartment (750 sq. ft.): Approximately 500-750 kWh per month
Two-bedroom apartment (1,000 sq. ft.): About 600-880 kWh per month
Average home (2,000 sq. ft.): Around 1,325 kWh per month
Large home (3,000 sq. ft.): Approximately 2,200 kWh per month
Seasonal Variations
It’s important to note that electricity consumption in Texas can vary significantly between seasons:
Summer months typically see much higher usage due to increased air conditioning needs.
Winter months generally have lower consumption.
For example, one Reddit user reported using about 2,500 kWh in July compared to only 600 kWh in February.
New to Texas or moving homes? You can start electricity at your new Texas home online in minutes.
Here’s how to get started:
Enter Your ZIP Code: See available rates and plans in your area.
Compare Plans: Choose between fixed-rate, variable-rate, and green energy plans.
Sign Up: Enroll online quickly and easily.
Tip: Estimate usage with this kWh calculator. Fixed-rate plans offer price stability, making them ideal for new residents managing a budget. Consider plans with a satisfaction guarantee until you know your kWh consumption better.
Connect Electricity Service
Buying a new house and remembered at the last minute I didn’t have an electric company. Enrolled and was able to get power the next day which was my closing date! Fantastic!
Contract ending soon? Don’t get stuck with inflated rates. Find a cheaper plan in minutes.
Don’t roll over into a higher rate. Here’s how to find a better plan:
Step 1: Enter your ZIP code to instantly compare the best plans and prices from top providers in your area. Step 2: Choose the plan that fits your needs and budget, then enroll online or by phone in minutes. Step 3: Your new provider will seamlessly handle the switch, working with your old provider to ensure uninterrupted power.
From small businesses to large commercial and industrial facilities, Texas’ deregulated energy market allows you to shop for the best business electricity rates in Texas tailored to your company’s unique needs.
Get a custom quote based on your company’s usage. Compare dozens of providers to power your business for less and sign up online instantly.
Electricity rates are important, but your ideal energy plan depends on more than the price per kWh. Here are some key plan types:
Fixed-Rate Plans: Predictability and Stability With a fixed-rate plan, your price per kWh stays locked for your contract, typically 12-36 months. This offers stability and predictability in your monthly budget, protecting you from sudden price spikes. It is ideal for those who value consistency and want to avoid surprises.
Variable-Rate Plans: Flexibility and Potential Savings Variable rate plans allow your price per kWh to fluctuate based on market conditions. When electricity prices drop, you could see savings. However, you’re also exposed to the risk of rising rates. It is best for those willing to monitor the market and potentially switch plans to optimize savings.
Prepaid Plans: No Contracts or Credit Checks Prepaid electricity plans let you pay for energy in advance as you go. There are no long-term contracts, credit checks, or deposits required. You can add funds to your account as needed. Great for those with short-term living situations or looking to avoid credit checks.
Green/Renewable Plans: Environmentally Conscious Choice Many Texas providers offer plans powered by green renewable sources like wind and solar. While these plans may sometimes cost a bit more, they allow you to reduce your carbon footprint and support clean energy.
Expert Tips for Selecting Your Ideal Electricity Plan
Carefully weigh the pros and cons of fixed vs. variable rate plans based on your risk tolerance and budget needs.
Be cautious of plans with teaser rates or introductory rates that later balloon.
Choose a contract length that aligns with your living situation and energy goals.
Look beyond the price per kWh and calculate the total estimated cost over the plan term.
Texas electricity rates can be as unpredictable as the state’s weather. But the main culprit behind the fluctuations isn’t Mother Nature – it’s basic economics.
In Texas’ deregulated electricity market, wholesale prices are primarily determined by market forces, which can impact your rates.
When scorching summer temperatures send Texans scrambling for the AC, electricity demand skyrockets.
To meet this surge, costlier power generators are brought online. This increased production expense gets passed on to consumers through higher rates.
It’s a system that incentivizes power companies to keep the grid running smoothly, even during peak demand. But it can also mean higher bills.
Factors Affecting Texas Electricity Rates
1. Seasonal Swings Rates often climb in summer and winter when electricity use peaks. Mild spring and fall weather usually brings lower rates.
2. Fuel Prices When natural gas, coal, and other power plant fuels get pricier, those increases can trickle down to your bill.
3. Supply and Demand Dynamics If demand outpaces available supply, rates go up. When supply is abundant, and demand is low, prices typically fall.
Your plan type (fixed-rate, variable, etc.) also influences how much market conditions impact your rates.
Bottom line: With so many variables influencing Texas electricity prices, shopping around and comparing plans is crucial to finding the best deal for your needs and budget. A little research now can lead to substantial savings over time.
By shopping smart and comparing your options, you can secure some of the lowest rates in the state.
If you’re curious about how Texas electricity rates compare to the rest of the country, or if you’re considering a move, check out our comprehensive guide to electricity rates by state.
The Power is Yours
With transparent rates, customizable plans, expert support, comprehensive comparisons, and a proven track record of helping over 5 million Texans save on electricity, we’re committed to finding you the most cost-effective energy solution.
Ready to compare rates? Enter your zip to see available options.
Compare Texas Electric Rates
Texas Electric Rates FAQs
Check out answers to the most common questions about Texas electricity rates:
Who has the cheapest electricity rates in Texas?
Currently, Gexa Energy, Frontier Utilities, and Pulse Power often have some of the cheapest electricity rates in Texas. Your best bet is to use Compare Power to compare rates for your specific situation.
What is a good electricity rate in Texas?
As of 2024, a good electricity rate is usually 10 to 15 cents per kWh for a fixed-rate plan. But remember, what’s good depends on where you live and how much power you use. Compare rates in your area to get a fair deal.
How to compare electric rates in Texas?
The first step to comparing electric rates in Texas is to check your past bills or connect to LiveLink on Compare Power to see how much power you typically use. Then, put in your zip code to compare plans side by side—it’s super helpful. You’ll see real-time pricing customized to your home based on your usage.
How to find the best electricity rates in Texas?
To find the best electricity rates in Texas, know your monthly usage, then use Compare Power to compare plans. Look at fixed and variable rates, and don’t forget to check fees and contract terms. The best rate is one that fits your lifestyle and budget.
Who has the best electric rates in Texas?
The “best” electric rates in Texas depend on your needs. TXU, Reliant, and Green Mountain Energy often have good deals. Use ComparePower to find a plan that fits your needs, considering price and features.
Why are Texas electric bills so high?
Texas electric bills can be high because we use a lot of AC, rates change in our deregulated market, and extreme weather can drive up prices. Plus, there are often extra fees tacked on. Try comparing plans and improving your home’s energy efficiency to save some cash.
Why is Texas electricity so expensive?
Texas electricity can seem expensive due to our deregulated market, high AC use, and changing natural gas prices. But the good news is that our rates are often competitive with or cheaper than those of other states. It’s all about finding the right plan for you.
Will Texas electricity rates go down in 2024?
There’s a chance Texas electricity rates might stabilize or even drop a bit in 2024, thanks to more renewable energy and grid improvements. But weather and global markets can shake things up. Your best move? Keep comparing plans to snag the best deal.
What is the current price of electricity in Texas?
The current price of electricity in Texas is between 10 and 25 cents per kWh. Most Texans are paying between 10 to 14 cents per kWh right now. But that’s just an average – your price could be different. For the most accurate rates, enter your zip code and usage.
Support You Can Count On
Do you have more questions or need help finding the right plan for your household? Our local experts are here to help.
Contact us today, and let us help you find an electricity plan that meets your needs and budget.
With our personalized recommendations and transparent pricing, you can shop with confidence and take control of your energy costs.
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