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Your insider’s guide to finding the best electricity rates and energy plans in Meridian
If you’re a long-time resident, a new mover, a business owner, or need no-deposit power, this guide will help you find your ideal electricity plan in Meridian.
Meridian Electricity Rates
You have the power to choose your home’s electric company in Meridian.
ComparePower is a free consumer service started in 2009 to assist residents of Meridian in searching for their best energy plan.
These official rates are the identical prices you’ll find calling the energy providers or visiting them online.
Plans from many different energy providers are shown in a simple grid that makes comparing your options simple and fast.
This assures Texas consumers to avoid hidden charges and marketing gimmicks by comparing plans “apples-to-apples” without spending hours calling different energy companies or clicking through dozens of websites.
59 Meridian Electric Rates
These live rates for TEXAS-NEW MEXICO POWER COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Meridian
Electricity in Meridian is deregulated. As a resident, you have a choice when selecting a retail electricity provider (your electricity company), which gives you insight and control over your energy bill.
Deregulation of energy in Texas de-monopolized the energy market for most of the state, the city of Meridian included, which introduced lots of competition.
As a result, many excellent energy companies compete for your business in Meridian by offering low rates, making it a great time to compare, switch, and save costs on your electricity statement.
As many as 100+ providers compete for your business in Meridian, with hundreds of plans to sort through.
Average Electricity Rates in Meridian
Updated February 2024
The average residential electricity rate in Texas is 14.61 ¢/kWh, 9% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United Sta
How to Find the Best Energy Plan in Meridian
#1 rule: Usage is key!
Determining how much energy you will consume each month is the ideal way to find a deal on energy in Meridian. Why should you care?
The “price per kWh” you see electricity companies advertising is for an exact monthly usage (typically 1000 kWh).
Every plan uses a different calculation for how your monthly statement is computed, and your monthly bill will vary depending on how much energy you consume each month.
Unless you match the exact advertised usage each month, you will pay a “price per kWh” different than the one you saw advertised when you enrolled.
Fortunately, there’s a better way to shop for an energy provider.
Calculating your expected monthly bill based on expected monthly usage, then comparing rates by total monthly cost is the best way to shop for the best rate for your home.
Even better, if you have a year of usage history for your household, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter and is the ideal way to determine the perfect energy plan for your home.
ComparePower does all the complicated math for you instantly. What takes hours inside a spreadsheet is now done in just moments.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of offers and assisting you step-by-step with the energy plan that’s best for your household’s consumption.
We clarify the fine print, disclosing the various charges, so you’ll know exactly where your money is going and what to expect on your bill.
We then assist you in signing up with your selected energy provider without ever having to leave our service.
The takeaway here is you must determine your expected or historical usage before ordering the best electricity plan for your home.
If you don’t know your usage, estimate
Suppose you recently purchased a home or business or cannot obtain 12 months of usage history. In that case, you can always estimate your average energy in any given month.
Although knowing the previous 12 months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use ComparePower to shop for the best electricity plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Meridian: Setting up Electricity
If this is your first time setting up an electricity service in Meridian, you need to get the previous 12 months of energy usage for your new home to get the best rate.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
Acquiring usage for the past 12 months may take effort, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you cannot obtain historical usage information, a second option would be to estimate your future usage using our “Help Me Choose” tool. By simply entering your zip code, the tool will be able to assess your home’s projected electricity consumption.
By signing up for a plan through ComparePower, you will receive automated reminders when it’s time to renew your existing plan or possibly switch plans.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching Electricity Companies in Meridian
Switching is good. Market conditions are constantly changing, so shopping for a lower rate yearly when your contract expires is essential.
Your existing energy provider usually raises your energy rate once your contract expires. If you fail to take action, you’ll be left on a month-to-month rate significantly higher than the plan you signed up for.
Before renewing your contract, check the rates of competing electricity providers.
Switching can save you hundreds or thousands of dollars yearly on your energy bill.
Switching is easy:
- You don’t have to contact your current company to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you switch, your new electricity provider will cover everything for you, including terminating your service with your previous company.
There is no loss of power when you switch. Electricity in Meridian is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch electricity providers. Therefore the reliability of your service is not affected.
You can choose any date up to 14 days before your contract ends without an “early termination” penalty. Texas law protects you here.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
The amount saved each month by switching to a different electricity company may outweigh the one-time fee to get out of your contract early.
If you are unsure, email us your latest energy bill, and one of our team members will get back to you promptly with your best options.
If you’re ready to switch and would like to know how to find the best plan remember that understanding your usage is the best way to find the cheapest rate.
Keep in mind that when you get ready to switch and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you must collect the usage history for the past 12 months.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Meridian Energy Companies
Are you looking for a great electric company in Meridian?
You can enroll for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
Click on the provider of your choice to view prices, learn more, or sign up.
|Energy Companies in Meridian
|New Power Texas
No-Deposit Electricity Plans in Meridian
Need to find an energy plan in Meridian that doesn’t require a deposit?
If your first choice of plans mandates a deposit, ComparePower will automatically show you additional plans that require no money down.
Instead of calling around electric companies or browsing through websites to determine if different electricity companies need a deposit, this will save you tremendous time and effort.
Working for you, we will instantly review any deposit obligations for other plans, allowing you to get power and return to your regular activities stress-free.
Learn how to get no-deposit lights.
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Meridian Business Energy Rates
If you own a company in Meridian, you’ll discover several other companies also have established themselves here.
Meridian has become a thriving place for many small to mid-sized companies. The city is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more growth opportunities.
You need to compare rates from competing providers to lower your energy costs.
ComparePower bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information on ComparePower, and the companies will present their bids. You choose the best rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
To learn more about smart meters or to download your electricity usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Meridian, visit the Texas-New Mexico (TNMP) website or call them at 1-888-866-7456.
Call or visit Meridian’s official city website to determine your provider for gas service in Meridian.
In Meridian, the City of Meridian usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the Texas-New Mexico (TNMP) Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View Electricity Prices for Zip Codes in Meridian
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
View Electricity Prices for Cities Near Meridian
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.
- Houston, TX
- Dallas, TX
- Fort Worth, TX
- Spring, TX
- Richmond, TX
- Cypress, TX
- Humble, TX
- Midland, TX
- Plano, TX
- Round Rock, TX
- Pearland, TX
- Katy, TX
- Katy, TX
- Pflugerville, TX
- Mesquite, TX
- Laredo, TX
- Killeen, TX
- Carrollton, TX
- Odessa, TX
- Irving, TX
- Grand Prairie, TX
- Katy, TX
- League City, TX
- Mansfield, TX
- Missouri City, TX
- Mission, TX
- Sugar Land, TX
- Mcallen, TX
- Tomball, TX
- Temple, TX
- Baytown, TX
- Waxahachie, TX
- Lewisville, TX
- Rosharon, TX
- Katy, TX
- Hutto, TX
- Tyler, TX
- Grapevine, TX
- Magnolia, TX
- Harlingen, TX
Meridian Electricity Rates FAQs
Who has the cheapest Meridian Electricity Rates?
There are over 60 electricity providers with hundreds of energy plans. When shopping for the cheapest rate, take your home’s kilowatt-hour usage into account. The best way to find the best rate for your home is to compare energy plans according to your usage. Find the right energy plan for your kWh usage with ComparePower.
How do I find the best Meridian Electricity Rates?
Picking the wrong energy plan without knowing your home’s energy usage can cost you hundreds or thousands of dollars. Compare energy plans and electricity rates with your home’s electricity usage profile to find your best rate. Shop with your usage on ComparePower and save both time and money.
Support You Can Count On
Questions? Our local experts can help you navigate options and find the best electricity plan. Reach out to us.