Meridian electricity rates and energy plans
If you’re a long-time resident, a new mover, a business owner, or need no-deposit power, this insider’s guide will help you find your ideal electricity plan in Meridian, Texas.
Time to read: about 7 min
Sections in this guide:
Pick a section to jump directly to it:
- Meridian Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Meridian (average kWh price chart)
- How to find the best energy plan in Meridian (know your usage!)
- Moving to Meridian: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Meridian (how to choose the best plan)
- Meridian Energy Companies
- No-Deposit Electricity Plans in Meridian
- Meridian Business Electricity Plans
- Meridian Utilities (and how to report a power outage)
Meridian Electricity Rates Table
You have the power to choose your home’s electric company in Meridian, Texas.
ComparePower is a free consumer service started in 2009 to assist residents of Meridian 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 avoid hidden charges and marketing gimmicks by comparing plans “apples-to-apples” without consuming hours and hours calling different energy companies or clicking through dozens of different web sites.
76 Meridian Electric Rates
These live rates for Texas New Mexico Power (TNMP) service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Meridian
Electricity in Meridian, Texas, is deregulated. As a resident, you have a choice when it comes to 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 the majority 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 and there are hundreds of plans to sort through.
Average Electricity Rates in Meridian, Texas
This chart is compiled using data from the U.S. Energy Information Administration (EIA.GOV).
The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh).
There are fixed-rate plans for Meridian residents on ComparePower with rates as low as $0.10
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 in each month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than the one you saw advertised when you enrolled.
Fortunately, there’s a better way to shop for 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 an entire year of usage history for your household, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between summer and winter months 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 assist you step-by-step to the energy plan that’s best for your household’s consumption.
We clarify the fine print, disclosing the various charges and fees, 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 take away 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
If you recently purchased a home or business, or you cannot obtain 12-months of usage history, you can always estimate the average amount of energy that you will use 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 electricity service in Meridian, to get the best rate you need to get the previous 12-months of energy usage for your new home.
Ask the previous home-owner to provide you with their past 12-months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12-months, 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 are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing 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 to 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 always changing, so it is essential to shop for a lower rate every year when your contract is about to expire.
Your existing energy provider will normally raise your energy rate once your contract expires. If you fail to take action, you’ll be left on a month-to-month rate that is significantly higher than the plan you signed up.
Before renewing your contract make sure to check the rates of competing electricity providers.
Switching can save you hundreds or thousands of dollars each year 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 make the switch, your new electricity provider will take care of everything for you including terminating 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 early of your current contract’s end date 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 truly 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 will need to 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
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||Phone Number|
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 a tremendous amount of 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.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
You may be eligible to have the deposit waived if you meet one of the following criteria.
A residential customer or applicant may be deemed as having established satisfactory credit if:
- The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric service; is not delinquent in payment of any such electric service account, and during the last 12 consecutive months of service was not late in paying a bill more than once.
- The customer or applicant possesses a satisfactory credit rating obtained through a consumer reporting agency, as defined by the Federal Trade Commission.
- The customer or applicant is 65 years of age or older and the customer is not currently delinquent in payment of any electric service account.
- The customer or applicant has been determined to be a victim of family violence.
- The customer is medically indigent.
The requirements above are directly from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Note: For any of the situations above, you must first complete your order an energy plan on ComparePower before you can obtain a waiver for your deposit.
After you’ve placed your order, you will receive an email with instructions as well as contact information for your new energy company.
Important: You must send your waiver information by email, phone, fax or mail to your new energy company (not to ComparePower).
As soon as your energy company receives your documentation, they will let you know that they’ve sent a request for your energy service to begin.
Remember, your energy company will not start your electric service until you satisfy any deposit requirement (you pay or receive a waiver).
If you have any questions on deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
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 midsized companies. The city is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more opportunity for growth.
To lower your energy costs, you need to compare rates from competing providers.
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 to 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.
For gas service in Meridian, call or visit Meridian official city website to determine who your provider is.
In Meridian, water, garbage, sewer, and recycling services are usually handled by the City of Meridian.
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.
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, Texas
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, Texas
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
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Missouri City, TX
- Laredo, TX
- Loraine, TX
- Richmond, TX
- Harlingen, TX
- Edinburg, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Humble, TX
- Friendswood, TX
- Dickinson, TX
- Grand Prairie, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Austin, TX
- Eden, TX
- Belton, TX
- Carrollton, TX
- Baytown, TX
- San Benito, TX
- Mansfield, TX
Don’t see your city or zip code? Enter your zip code below to search for your new low rate:
Don’t see your city or zip code? Enter your zip code below to search for your new low rate: