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Your Insider’s Guide to Finding the Best Electricity Rates and Energy Plans in Richmond
Whether you are a longtime resident, new to town, or running your own business, this comprehensive guide to finding the best electricity rates in Richmond works.
Richmond Electricity Rates
You have the power to choose your home’s electric provider in Richmond.
ComparePower was started in 2009 to provide free assistance to Richmond residents looking for affordable energy plans. We show the same rates energy providers provide via phone calls or web searches.
Our quotes are standardized to simplify comparison shopping among all available electric providers. This format helps consumers avoid unnecessary fees and advertising gimmicks. You can compare plans from one location rather than spending hours on phone calls and web research.
59 Richmond Electric Rates
These live rates for CENTERPOINT ENERGY HOUSTON ELECTRIC LLC service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Instantly compare competing Richmond electricity companies
Instantly compare competing Richmond electricity companies
Electricity Price Trends in Richmond
The state deregulated the market for electricity in Texas communities like Richmond in 2002. This policy change means that Richmond residents choose from competing energy providers for their energy needs instead of a single provider.
Deregulation of the energy market helps consumers like you by pushing energy providers to compete for your dollars rather than establish one-size-fits-all rates.
You can take advantage of the competition for your business by using ComparePower. This tool shows individual plans from up to 100 energy providers serving your community.
Average Electricity Rates in Richmond
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 Richmond
The first step in cutting your energy bill is to know how much energy you use each month.
Energy companies don’t customize their rate quotes to your estimated usage. Instead, they use a standard rate of approximately 2,000 kWh as a baseline for all their quotes.
This works fine if that is your monthly usage, but imagine the revelation of a monthly bill based on a higher usage rate.
ComparePower simplifies matters by customizing energy quotes based on actual usage rather than a baseline rate. Before using the search tool, you only need your zip code and monthly electric usage for the past 12 months.
Once you input this data, ComparePower takes care of the rest. You will see quotes from energy providers serving Richmond, including taxes and additional fees. The site allows you to set up your service with a new provider without going to another site. All you need to get started is your last year of energy usage.
If you don’t know your usage, estimate
If you can’t obtain recent usage figures or you are new to your home, the best thing is to determine how much energy you will use in an average month.
While not as good as having your previous usage, estimating your typical usage is better than choosing a plan that doesn’t match your household’s electrical needs.
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 Richmond: Setting up Electricity
Important: If this is your first time setting up electricity service in Richmond, you should find the past year’s usage rates for your home to get an affordable rate.
Ask the previous property owner to check their billing statements for usage rates to obtain usage figures. You will save time and money by finding this information.
Once you have these numbers, ComparePower can present options to meet your energy needs. You can use an estimate of your monthly usage using the “Help Me Choose” tool. ComparePower reminds you to return and switch your plan at the end of your contract.
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 Richmond
The constant evolution of the energy market means that shopping for the best rates is essential. You should shop every year for a better rate before the end of your service contract.
Your existing electricity company will typically raise your electricity rate after your contract.
Check the rates of area providers before renewing your energy contract. You might leave hundreds of dollars on the table by continuing your existing plan.
Switching is simple:
- You don’t need to call your current company to cancel your contract
- No need for a visit to your home
- Your power will stay on
- The switch can be done in a few minutes
Your new electric company can help you transition out of your previous contract. This help includes canceling your previous contract and maintaining service.
There’s no need for your power to be disrupted because all wires and poles remain the same.
State law allows you to choose a date within 14 days of your contract’s conclusion to switch energy plans without incurring termination penalties. Some plans allow you to sign new contracts without penalty within 60 days of the plan’s end. You may also save money by canceling your existing plan and starting with a more affordable plan.
You only need your zip code and recent household usage to start with ComparePower.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Richmond Energy Companies
Are you looking for a great electric company in Richmond?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
Click on the company of your choice to view rates, learn more, or sign up.
|Energy Companies in Richmond
|New Power Texas
No-Deposit Electricity Plans in Richmond
Some customers may encounter requests for deposits from energy companies during sign-up.
ComparePower helps you find no-deposit plans in Richmond before signing up for your next plan. The site’s search tool saves you time and energy by eliminating lengthy calls to energy companies about potential deposits.
Every energy provider has different policies about deposit requirements, and you may not need to pay a deposit to keep your lights on. ComparePower will show you deposit requirements along with quoted prices so you can speed up the registration process.
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:
Richmond Business Electricity Plans
Its location aids entrepreneurs in Richmond in the Houston metro area and surrounding suburbs. The city might be small but it offers opportunities for entrepreneurs looking to serve local customers.
Your business saves money by comparing prices on everything from office furniture to vehicle leases. ComparePower makes comparison shopping of energy plans easier for your business. The site connects businesses to electrical providers in Richmond through a sealed bid process.
Energy companies are competing for commercial customers like you. Once you pick a favorable bid, you must sign up for service and move on with your day.
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 Richmond, call or visit CenterPoint Energy at 713-659-2111.
For gas service in Richmond, call or visit CenterPoint Energy at 713-659-2111.
In Richmond, garbage, sewer, and recycling services are included with your water utilities bill from the City of Richmond.
The City of Richmond’s Water Department is a public utility owned by the City of Richmond, TX.
Customer Care: 281-342-5456
Hours of operation: Monday – Friday, 8 am – 5 pm.
24-Hour Emergency Service 281-342-0559: call if you suspect a water main break, water leak, sewer overflow, or water contamination.
Other Utility Service Areas in Texas
Not in the CenterPoint Energy 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 Richmond
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 Richmond
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.
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
Richmond Electricity Rates FAQs
Who has the cheapest Richmond 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 Richmond 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.