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Your Insider’s Guide to Finding the Best Electricity Rates and Energy Plans in Reno
Whether you are a business owner, new resident, or long-time citizen of Reno, this comprehensive guide will enable you to find your best solution for an electricity plan.
Reno Electricity Rates
As a resident or business owner within Reno, you can choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service started in 2009 to assist residents of Reno in shopping for their best energy plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing plans from many different electricity companies are outlined in a simple format that makes evaluating alternatives simple and fast.
This helps Texas energy customers avoid hidden charges and advertising gimmicks by comparing plans “apples-to-apples” without spending hours and hours calling different energy companies or clicking around on hundreds of different online sites.
71 Reno Electric Rates
These live rates for ONCOR ELECTRIC DELIVERY COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Reno
Energy in Reno is deregulated. As an energy customer, you have a choice when picking a retail electricity provider (your energy provider), which gives you flexibility and power over your energy bills.
Deregulation of electricity in the state de-monopolized the electricity market for most of the state, the city of Reno included, which introduced lots of competition.
As a result, many excellent retail electricity providers compete for your business in Reno by offering low rates, making it a great time to shop, switch, and save costs on your energy statement.
As many as 65+ retail electricity providers compete for your account in Reno, and hundreds of plans exist to sort through.
Average Electricity Rates in Reno
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 Reno
#1 rule: Usage is king!
Knowing how much energy you consume monthly is the best way to find a deal on energy in Reno. Why should you care?
The “price per kWh” you see power providers advertising is for an exact monthly usage (usually 1000 kWh).
Every plan uses a different calculation for how your monthly statement is determined, and your monthly bill will vary depending on how much energy you use each month.
Unless you match the exact advertised usage each month, you will end up paying a “price per kWh” different than what you observed when you ordered.
Thankfully, there’s a better way to choose your energy plan.
Calculating your expected monthly bill based on anticipated monthly usage, then comparing rates with the total monthly bill 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 months and is the best way to find the right energy rate plan for your home.
ComparePower does all the complicated math for you instantly. What could take you hours on a spreadsheet is done in moments.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of plans and guide you step-by-step to the electricity rate plan that’s best for your home’s usage.
We clarify the details, disclosing all fees, so you’ll know precisely where your money is going and what to anticipate on your bill.
We then help you enroll with your chosen power company without ever having to leave our website.
The bottom line is you must know your expected or historical usage before choosing the best energy plan for your home.
If you don’t know your usage, estimate
If you cannot acquire 12 months of historical usage or own a brand new home, the next best thing is to estimate how much energy you will use in an average 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 find 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 Reno: Setting up Electricity
If this is your first time setting up electricity service in Reno, 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.
Sign-up for a plan in minutes through ComparePower. We will remind you when it’s time to return to switch and save at the end of the plan term you decide on.
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 Reno
Switching is good. Market conditions are constantly in flux, so it is essential to shop for a lower price each year when your contract is close to expiring.
Your existing energy company will typically raise your electricity 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 energy 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 company 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, including terminating service with your previous provider.
There is no loss of power when you switch. Electricity in Reno is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver electricity to your home do not change when you switch electricity companies. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration without an “early termination” fee. That’s Texas Law.
If you’re still under contract, check how many months remain on your contract. You can set a future start date with most companies up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching companies may outweigh the fee to break your existing contract.
If you’re ready to switch and would like to know how to find the best plan remember that knowing your usage is the best way to find the lowest price.
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:
Reno Energy Companies
Are you trying to find an excellent electricity company in Reno?
You can enroll for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
To sign up, learn more, or view current rates, click on your chosen company.
|Energy Companies in Reno
|New Power Texas
No-Deposit Electricity Plans in Reno
Need to find an energy plan in Reno that doesn’t require a deposit?
If you are assessed a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more surfing the internet and calling energy providers to determine if a deposit is needed.
Working for you, we will instantly review any deposit requirements for other plans, allowing you to get power and return to your everyday 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:
Reno Business Power Plans
If you own a business in Reno, you’re in good company.
Reno is home to many small and large companies and is a great place to run a company.
You need to compare prices from competing providers to manage your electricity 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 lowest price. 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 Reno, visit the Oncor website or call them at 1-800-242-9113.
For gas service in Reno, call or visit Reno’s official city website to determine your provider.
In Reno, the City of Reno usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the Oncor 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 Reno
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 Reno
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
Reno Electricity Rates FAQs
Who has the cheapest Reno 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 Reno 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.