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Electricity Rates in Texas
Shopping for electricity plans in Texas can be overwhelming with so many options available.
But with ComparePower, you can easily compare rates and find the perfect plan for your home or business.
By shopping with your usage history, you could save hundreds of dollars annually on your energy bill.
Compare a wide range of plans, including fixed-rate, variable-rate, and renewable energy options.
Don’t settle for high energy bills, use ComparePower to find the best electricity rates in Texas and start saving.
Enroll today: Fixed-rate plans are as low as $0.11 per kilowatt-hour.
Compare Texas Electricity Rates
Find the best electricity rates in Texas by comparing energy plans from multiple electric providers.
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Texas Electricity Rates Data
Updated January 2023
- The average Texas residential electricity rate is 14.82 cents/kWh, 6% less than the U.S. average.
- The average Texas business electricity rate is 9.15 cents/kWh, 27% less than the U.S. average.
Source: Texas electricity rates data from the U.S. Energy Information Administration (EIA)
Texas Electricity Rates Chart
How to Find Your Best Rate
Save money on your energy bills in Texas by comparing electricity rates and plans based on your home’s specific energy usage.
Choosing the wrong plan without considering your usage can cost you hundreds or even thousands of dollars.
The #1 most important thing to know is your home's energy usage. This 2-minute video explains why shopping with your usage is so important ⤵️
Very helpful, Compare Power 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 (TX, United States)
Help Me Choose
Tell us about your home and energy habits, and we’ll help you choose ⤵️
New to Texas, New Home and NO CLUE how to choose a power company. I’ve now used Compare Power 2x’s and had an amazing experience both times. It’s informative,, quick, and easy peasy! Thank you.
Rose G. (TX, United States)
Texas Energy Plans
When choosing the best energy plan in Texas, it can be overwhelming to navigate the various options available.
But with a little research and an understanding of your energy usage, you can easily find a plan that meets your requirements and budget.
Texas energy companies have something for everyone, whether you’re looking for a plan with lower rates, rewards, or greater flexibility.
With the average price of electricity in Texas expected to remain relatively stable in the coming months, now is a great time to lock in a fixed-rate plan to save money and avoid any unexpected spikes in your energy bill.
Fixed-rate Electricity Plans in Texas
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Get Power ON Today
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Prepaid Electricity
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Solar Energy Plans
Homes with solar panels can earn and sell back bill credits for any excess electricity returned to the grid.
Call Reliant at (855) 887-2194 or Green Mountain Energy at (844) 854-2257 to set up the right solar plan for you.
Start Electricity Service
Shop with your home’s kilowatt-hour (kWh) usage.
When setting up electricity service in Texas, it’s important to consider your property’s previous year’s usage to compare rates.
To find this information, you can check with the previous owner or estimate your usage if history is not available.
Taking the time to research and compare rates can save you money in the long run.
Switch Electricity Companies
Usage-based Price Comparisons
When it comes to shopping for electricity plans in Texas, it’s important to understand that the advertised “price per kWh” may not accurately reflect your monthly energy costs.
This is because each plan’s monthly bill is calculated differently and the “price per kWh” can only be determined by dividing your monthly bill by your usage.
To avoid overpaying, it’s crucial to compare plans based on your expected usage, rather than relying on advertised prices.
ComparePower makes this easy by allowing you to compare rates and select a plan that fits your specific usage and budget.
You could save hundreds of dollars each year by switching providers.
Are you approaching the end of your energy plan contract?
Don’t let it expire without exploring your options. In Texas, switching to a new plan is a simple process.
Your new energy provider will handle all the details, including canceling your previous service.
Plus, you won’t have to worry about any disruption to your power during the switch.
How Electricity Contract Renewals Work in Texas
Love Compare Power’s customer friendly tools. I was able to put in my highest power usage, select the best prices, then go back to those same companies and change to my lowest usage and compare the same companies. It makes it easy to confirm that a company will not overcharge you for under or over usage and chose the right company and plan for you. I highly recommend over power to choose. It was fast to apply for service too.
Rena B (TX, United States)
Texas Energy Companies
Compare rates from trusted providers such as TXU Energy, Reliant, Direct Energy, Gexa Energy, and other Texas electricity providers to find the best electricity company for you.
Explore these energy companies to sign up, learn more, or view current rates.
| Energy Companies | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Reliant | 855-887-2194 |
| Frontier Utilities | 866-763-5084 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 866-370-2440 |
| Payless Power | 855-854-8482 |
| Pulse Power | 888-853-4522 |
Texas Electric Utilities
In Texas, electric utilities are responsible for the transmission and distribution of electricity to consumers. They are regulated by the Public Utility Commission of Texas (PUCT) and are responsible for maintaining the power grid and ensuring that electricity is delivered safely and reliably to customers.
Call your utility company in case of a power outage. They will handle it and keep you updated on the situation. To report a power outage, visit your utility company’s website.
Deregulation of electricity in Texas
The deregulation of electricity in Texas in 2002, through Senate Bill 7, brought about competition and a choice of energy options for consumers.
This change unbundled the previously monopolized utilities into separate entities focused on energy generation, transmission, and retail customer service and billing.
As a result, multiple retail electricity providers can now market their power to Texas residents.
While the transmission of electricity remains regulated, residents now have the freedom to choose their electricity provider and potentially save on their energy bill through competitive rates.
The Electric Reliability Council of Texas
ERCOT, or the Electric Reliability Council of Texas, is a nonprofit organization that manages the flow of electric power to more than 26 million Texas customers, representing about 90% of the state’s electric load.
ERCOT operates the electric grid and manages the deregulated market for electric energy in Texas. It is responsible for balancing the supply and demand of electricity on the grid, ensuring that there is enough power to meet the needs of all customers at all times.
Understanding the deregulation of electricity in Texas can help you make informed decisions about your energy plan.
Electricity Rates Near You
Compare rates and find the best electricity plan by searching with your city or zip code. With our easy-to-use platform, you can compare rates from multiple providers and select the plan that fits your needs and budget.
Don’t overpay for electricity, start saving money today by finding the lowest rate available in your area.
Texas Electricity Rates by Zip Code
Finding the best electricity rates for your home can be a daunting task, but it doesn’t have to be.
Enter your zip code to easily search and compare rates from various providers in your area.
Texas Electricity Rates FAQs
Who has the cheapest electricity rates in Texas?
ComparePower takes the guesswork out of finding the best energy plan for your Texas home. By using your home’s kilowatt-hour usage, you can compare electric company energy plans for the most competitive rate. Say goodbye to overpaying for energy and hello to savings with ComparePower.
How do I find the best electricity rate in Texas?
Find the perfect energy plan for your home by comparing rates and plans with your home’s energy usage profile. Use ComparePower’s easy-to-use comparison tool to quickly and accurately compare options from various electricity providers in Texas. With up-to-date information and transparent pricing, you can make an informed decision and save money on your energy bill. Don’t overspend on energy – let ComparePower do the work for you.
A few minutes can save you hundreds on your electricity bill 👉
What is the average electricity rate in Texas?
The Texas average residential electricity rate is 14.82 cents/kWh, 6% less than the US average.
The Texas average commercial electricity rate is 9.15 cents/kWh, 27% less than the US average.
Why have Texas electricity rates increased?
The cost of energy is heavily influenced by the cost of natural gas, which is often the main fuel source for power generation. Due to economic factors, the price of natural gas has risen sharply, leading to higher electricity bills for many households. To safeguard yourself against these rising costs, consider switching to a fixed-rate energy plan. With a fixed-rate plan, you can lock in a stable rate and avoid unexpected spikes in your electricity bill.
Why are Texas’ power rates so high?
The recent surge in energy prices can largely be attributed to the significant rise in natural gas prices, which have skyrocketed by over 200% since Russia’s invasion of Ukraine. This has led to a substantial increase in utility bills for many households, making it difficult for them to manage their finances. To prevent unexpected spikes in your electricity costs, consider signing up for a fixed-rate energy plan.
Kilowatt-hour Calculator
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Switch Electricity Companies
How Electricity Contract Renewals Work in Texas
Start Electricity Service
Get Power ON Today
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