Lubbock Electricity Plans & Rates
Electricity rates in Lubbock range from 11 to 25 cents per kilowatt-hour. Most households pay between 11 and 14 cents.
While the average Lubbock resident pays 15.60 ¢/kWh, we’re helping people find rates as low as 12.40¢/kWh—20% lower than the Lubbock average.
Start saving today with Live Link™ It’s Free →
March 2025 Key Takeaways
- Lubbock’s electricity market is now deregulated, enabling residents to shop for competitive rates.
- The current average electricity rate in Lubbock is 15.60 ¢/kWh (March 2025).
- The lowest electricity rate in Lubbock is 12.40¢/kWh.
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Our mission is to help you find the right energy plan for your home and lifestyle quickly and confidently—without the hassle or hidden surprises.
We are independent from energy providers, so every recommendation is 100% unbiased. You can trust us to prioritize your needs.
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Current Lubbock Electricity Rates
Whether you live in a cozy apartment or a spacious home, there’s a diverse range of electricity plans to fit every household, lifestyle, and budget.
39 Lubbock Electric Rates
These live rates for LUBBOCK POWER AND LIGHT service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Power Your Home Today
Are you moving to Lubbock or need immediate service? No problem.
We can help you connect service today with rates well below the city average.
You’ll get your account number instantly, perfect for renters who need proof of service.
And if credit is a concern, some providers may offer no deposit.
High Bills? Let’s Lower Them
Winter heating and summer AC bills can be brutal in Lubbock. But there’s good news.
Lubbock renters and homeowners are securing rates as low as 12.40¢/kWh. That’s a 20% savings compared to Lubbock’s average rate.
Historical Rate Trends in Lubbock
Understanding rate trends can help you lock in the best deal. Here’s what we’ve seen:
- Lowest rates: March and April, ranging from 10.5¢ – 12.5¢/kWh.
- Peak rates: July and August, typically 15¢ – 17¢/kWh.
- Annual increase: Average of 2.3% year-over-year.
Pro Tip: Locking in a fixed-rate plan between winter and summer can protect you from seasonal spikes.
Find the best rates now with Live Link™ →
Apartment Dweller? Size Matters
Living in a smaller space? You shouldn’t pay more just because your usage is lower.
Some energy plans have minimum usage fees that penalize low consumption.
With Live Link™, you can find apartment-friendly plans starting at 12.40¢¢/kWh.
Find a plan that fits your lifestyle with Live Link™ →
Contract Ending? Don’t Auto-Renew
If your provider has sent you a renewal notice, it’s time to shop around. Auto-renewing could mean getting locked into a rate at or above 15.60 ¢/kWh.
But new contracts are available for as low as 12.40¢.
Compare renewal offers now with Live Link™ →
The Best Electricity Marketplace for Lubbock
ComparePower offers a trustworthy platform to compare plans and providers as Lubbock transitions to retail electric choice.
Why Trust ComparePower
- Insider knowledge tailored to Lubbock residents.
- Transparent pricing and user-driven platform evolution.
- Focused on quality, price, and ease of use.
Reviews from Texans Like You
Read genuine reviews from Texans on finding the right electricity plan. Learn from people who have been in your shoes, looking for the best deal.
With 15 years of experience and over 5 million satisfied Texas customers, we’re your best ally for navigating Lubbock’s electricity choice.
Let us handle the hard work while you enjoy effortless savings.
Ready to Save? Here’s How
Live Link™ makes finding your best electricity plan quick and simple.
- Enter your address: Securely input your location.
- Connect your usage data: Live Link™ pulls your actual energy history.
- See instantly personalized rates: Know exactly what each plan will cost based on usage.
You’ll save time, avoid confusing rate gimmicks, and save money.
Lubbock Electricity Rates FAQs
Find answers to frequently asked questions about Lubbock’s transition to electric choice.
When can I begin choosing an electricity provider in Lubbock?
The customer choice window runs from January 5 to February 15, 2024. Before the market opens, you can select a retail electric provider.
What if I miss the choice window?
You will be automatically assigned a default provider based on your rate class, but you can still switch anytime after the market opening.
When will the rates from retail providers become available?
Live rates will be accessible once the market is activated on January 5th, 2024. Check our website for real-time rate updates.
How do I decide which electricity plan to choose?
Look at all the pricing and plan details side-by-side to find the most affordable option. Be wary of gimmicky teaser rates that spike later.
Compare rates using your usage history and consider factors like contract length, fixed vs variable pricing, renewable energy, and more to find the right fit.
Our experts can guide you through switching to the best value.
What are the current electric rates in Lubbock, Texas?
As of September 2024, the average electricity rate in Texas is 15.60 ¢/kWh. Rates in Lubbock may vary slightly depending on the provider and plan you choose. Enter your zip code to see current rates from multiple providers.
How do Lubbock electric rates compare to the rest of Texas?
Lubbock’s rates are generally competitive with those of other deregulated areas in Texas. However, rates can fluctuate based on market conditions and local factors. Use our comparison tool to see how Lubbock rates compare to state averages.
Who are the top electric providers in Lubbock, Texas?
Top providers in Lubbock include TXU Energy, Gexa Energy, Frontier Utilities, and 4Change Energy. Each offers unique plans and rates to suit different needs and usage patterns.
What is the average electricity bill in Lubbock?
The average electricity bill in Lubbock can vary widely depending on factors such as home size, energy usage, and chosen plan.
However, based on the Texas average rate and typical household usage, a rough estimate would be around $120-$150 monthly.
Sign up with Live Link™ for the most accurate estimate based on your specific usage.
Can I switch electric providers in Lubbock to get a better rate?
Once Lubbock’s retail electric market is active (from March 4, 2024), you can switch providers for a better rate. We recommend comparing plans regularly to ensure you’re always getting the best deal for your usage pattern.
Call us at 855-441-3030 Monday through Friday, 8:30 a.m. to 6:30 p.m., or Saturday, 9:00 a.m. to 4:30 p.m.
Stay Informed with Our Latest Articles
Stay updated with the latest articles and guides on understanding your electricity options.
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