Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace. Get unbiased, accurate information backed by our commitment to editorial integrity.
Your Insider’s Guide to Finding the Best Electricity Rates and Energy Plans in Waco
No matter how long you’ve lived in Waco, you can use this guide to learn how to unlock cheaper electricity through comparison shopping.
Waco Electricity Rates
You have the power to choose your home’s electric provider in Waco.
ComparePower is a no-cost consumer service established in 2009 to help residents of Waco find their ideal energy plans.
These are the same official rates you’ll find after calling the energy companies or visiting their websites.
We present current offers from competing electrical companies to simplify and speed up your search for the right provider.
Offers from competing electricity companies are presented in a standardized format, making comparing your options simple and fast. You don’t need to waste your valuable time making calls, searching websites, or crunching numbers. ComparePower handles the search for your next energy provider.
59 Waco 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.
Instantly compare competing Waco electricity companies
Instantly compare competing Waco electricity companies
Electricity Price Trends in Waco
The state deregulated the market for electricity in Texas communities like Waco in 2002. This means that Waco residents choose from competing energy providers instead of a single regional provider.
Deregulation helps consumers like you by forcing energy providers to compete for your dollars rather than establish one-size-fits-all rates. You can take advantage of this competition by using ComparePower to find quotes from up to 100 energy providers. Instead of looking through individual plans, you will see every plan offered by every provider through ComparePower’s search tool.
Average Electricity Rates in Waco
Updated June 2023
The average residential electricity rate in Texas is 14.46 ¢/kWh, 8.78% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to Find the Best Energy Plan in Waco
#1 rule: Know your usage!
The first step to 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 2,000 kWh as a baseline for all their quotes. This works fine if that is your monthly usage, but imagine the shock revelation of a monthly bill based on a higher usage rate.
ComparePower clarifies matters by customizing energy quotes based on your 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 Waco, including taxes and additional fees. The site lets you 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 acquire recent usage figures or are new to your current home, the next best thing is determining how much energy you will use in an average month.
While not as exact as knowing your previous usage, estimating your typical usage is better than choosing a plan that doesn’t match your household’s energy 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 Waco: Setting up Electricity
This central Texas city is home to Baylor University and L3 Technologies. Waco features great attractions like the Dr. Pepper Museum, the Waco Suspension Bridge, and the Texas Sports Hall of Fame. Once you get acquainted with Waco, your mind will be put at ease about setting up an energy provider.
Important: If this is your first time setting up electricity service in Waco, you need to get your home’s energy usage for the previous year.
To get previous usage figures, ask the last homeowner to check their billing statements for exact figures. You will save time and money by trying to piece this information together.
Once you have these numbers, ComparePower can find the right plan for your energy needs. At worst, you can estimate your monthly usage using the “Help Me Choose” tool. ComparePower reminds you to return and switch your plan at the end of your current 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 Waco
The constant change in the electric market means that shopping for the best rates is essential. Shop every year for a better rate before the end of your service contract.
Your current electricity company will usually raise your electricity rate after your contract.
Check the rates of competing providers before renewing your energy contract. You might leave money on the table by continuing with a more expensive plan.
Switching is simple.
- You don’t need to call your current company to end your contract
- No need for a service call
- Your power will not go out
- The switch only takes a few minutes
Your new electric company will help you transition from your old contract to your new contract. This help includes canceling your previous contract and maintaining your 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 end to switch energy plans without incurring early termination penalties. Some plans allow you to sign new contracts without penalty within 60 days of the plan’s end. You may also be better off canceling your old plan and incurring a penalty if your new plan offers substantial savings.
All you need is 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:
Waco Energy Companies
Looking for a great electric company in Waco?
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 Waco||Phone Number|
|New Power Texas||888-316-0697|
No-Deposit Electricity Plans in Waco
With other comparison tools, you might find that the best energy plans require deposits before service. You need not worry about getting stuck with high upfront costs after shopping with ComparePower. After entering your info, you will find quotes, including no-deposit plans, that will keep you powered even as you switch providers.
You might expect to pay a deposit for service, but it may not be necessary. Thanks to a competitive marketplace, you should be able to find multiple plans that match your budget and usage rates without deposits.
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:
Waco Business Electricity Plans
Waco has many corporate headquarters, including L3 Technologies, HEB, and General Dynamics. Whether you run a small business or a big corporation, finding an energy plan for your needs using ComparePower is possible.
Your business benefits from comparison shopping on everything from office chairs to insurance. Why not use ComparePower to shop around for energy plans? The site connects businesses to energy providers through a sealed bid process.
Energy companies compete for commercial customers like you, so you should receive favorable rates. Once you pick a bid, all you need to do is sign up for service, and you can focus on other aspects of your business.
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 Waco, call or visit the Oncor Utility company: 1-800-242-9113
For gas service in Waco, call or visit ATMOS Energy at 1-888-286-6700.
In Waco, garbage, sewer, and recycling services are included in your water utility bill from the City of Waco.
The City of Waco’s Utilities Department is a public utility owned by the City of Waco, TX.
Customer Care: 254-299-2489
Hours of operation: Monday – Friday, 9 am – 5 pm.
24-Hour Emergency Service: 254-299-2489: call if you suspect a water main break, water leak, sewer overflow, or water contamination.
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 Waco
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
76557 76633 76638 76640 76655 76657 76682 76701 76702 76703
View Electricity Prices for Cities Near Waco
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
- Arlington, TX
- Katy, TX
- Corpus Christi, TX
- Spring, TX
- Plano, TX
- Irving, TX
- Laredo, TX
- Midland, TX
- Odessa, TX
- Tyler, TX
- Richmond, TX
- Cypress, TX
- Grand Prairie, TX
- Humble, TX
- Round Rock, TX
- Waco, TX
- Killeen, TX
- Sugar Land, TX
- Abilene, TX
- Pearland, TX
- Mcallen, TX
- Mesquite, TX
- Pasadena, TX
- Richardson, TX
- Baytown, TX
- Carrollton, TX
- Wichita Falls, TX
- San Angelo, TX
- Lewisville, TX
- Missouri City, TX
- Mission, TX
- Temple, TX
- League City, TX
- Mckinney, TX
- Galveston, TX
- Pflugerville, TX
- Harlingen, TX
Waco Electricity Rates FAQs
Who has the cheapest Waco 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 Waco 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.