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Your Insider’s Guide to Finding the Best Electricity Rates and Energy Plans in Portland
If you’re a long-time resident, new to Portland, a business owner, or need no-deposit power, this thorough guide will help you determine your ideal power plan in Portland.
Portland Electricity Rates
You have the power to choose your household’s electric company in Portland.
ComparePower is a free consumer service established in 2009 to assist residents of Portland in searching for their lowest-rate electricity plan.
These official rates are the same prices you’ll find by contacting the electricity companies or visiting their websites.
Competing plans from many different energy providers are presented in a powerful format that simplifies evaluating alternatives.
This assures Texas energy customers avoid hidden markups and advertising gimmicks by comparing plans “apples-to-apples” without spending hours making phone calls or sorting through hundreds of websites.
53 Portland Electric Rates
These live rates for AEP TEXAS CENTRAL COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Portland
Electricity in Portland is deregulated. As a resident, you have a choice when picking a retail electricity provider (your electricity company), which gives you control and power over your energy bill.
Deregulation of electricity in the state de-monopolized the energy market for most of the state, the city of Portland included, which introduced lots of competition.
As a result, many fantastic power companies compete for your business in Portland by offering low rates, making it a great time to compare, switch, and save money on your power statement.
As many as 60-100 energy companies compete for your business in Portland, with hundreds of plans to sort through.
Average Electricity Rates in Portland
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 States)
How to Find the Best Energy Plan in Portland
#1 rule: Determine what your usage is!
Knowing how much energy you will use in a month is the best way to shop for energy in Portland. Why should you care?
The rate you see energy providers advertising is for an exact monthly usage (typically 2000 kWh).
Every plan uses a different calculation for how your monthly bill is calculated, and your monthly bill will be determined by how much power you use each month.
Unless you use the advertised amount each month, you will pay a “price per kWh” different than what you saw when you signed up.
Fortunately, there’s a better way to choose your electricity company.
Calculating your total monthly bill based on anticipated monthly usage, then comparing options by the total monthly bill is the best way to shop for the lowest rate for you.
Better still, 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 months and is the ideal way to discover the ideal energy plan for your home.
ComparePower does all the complicated math for you instantly. What takes hours inside a spreadsheet is now solved in a few moments.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans and guiding you step-by-step to the energy rate plan that’s best for your household’s consumption.
We clarify the details, disclosing all fees, so you’ll know precisely where your money is going and what to anticipate on your monthly bill.
We then help you enroll with your selected electricity provider without leaving our website.
The bottom line is you should determine your expected or historical usage before choosing the right 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 monthly energy usage.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly picking the first plan you see advertised by an electricity company at a specific usage that isn’t what you’ll consume.
Use ComparePower to shop for the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Portland: Setting up Electricity
If this is your first time setting up electricity service in Portland, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
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 can 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 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 Portland
Switching is good. Market conditions are constantly changing, so it is essential to shop for a lower price every year when your contract is close to expiring.
Your existing energy provider will typically raise your energy rate once your term 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 electricity bill.
Switching is easy:
- You don’t have to contact your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your power supply
- It takes just minutes
When you switch, your new energy company will handle everything for you, including canceling service with your previous company.
There is no loss of power when you switch. Electricity in Portland 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 pick any date within 14 days of your contract expiration without an “early cancellation” fee. 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’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 best 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:
Portland Energy Companies
Are you looking for a great electric company in Portland?
You can enroll for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
Click on the company of your choice to view prices, learn more, or sign up.
|Energy Companies in Portland
|New Power Texas
No-Deposit Electricity Plans in Portland
Need to find an energy plan in Portland 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.
That saves you a lot of time and hassle. No more clicking around and calling electricity providers to determine if a deposit is needed.
Working for you, we will instantly check any deposit requirements 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 waive the deposit if you meet one of 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:
Portland Business Energy Rates
If you manage a business in Portland, you’re in good company.
Portland 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 must shop for rates from competing energy companies to lower your electricity bill.
ComparePower bridges the gap between your business and energy providers by inviting various energy companies to compete for your business in a sealed bid process.
You submit your information on ComparePower, and the companies will present their bids. You choose the cheapest 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 Portland, visit the AEP Central website or call them at 1-877-373-4858.
Call or visit Portland’s official city website for gas service in Portland to determine who your provider is.
In Portland, the City of Portland usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the AEP Central 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 Portland
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 Portland
Are you searching for a lower electricity rate in a different city? If so, you can find the location below and then click to sign up for a more affordable electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate 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
Portland Electricity Rates FAQs
Who has the cheapest Portland 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 Portland 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.