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Find the Best Fixed Electric Rates
What’s a good fixed rate per kWh in Texas? The lowest fixed-rate electricity plan today starts at 12.30¢/kWh – significantly lower than the Texas average of 14.01¢/kWh.
Best Fixed-Rate Electricity Plans
These live rates for ONCOR ELECTRIC DELIVERY COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
The Unbeatable Advantages of Fixed-Rate Plans
For Texans tired of volatile electricity bills, fixed-rate plans offer a simple solution – stability. By locking in a set rate for your contract term, you can say goodbye to unpredictable monthly costs and scream-worthy rate hikes.
No more budgeting headaches or bracing for sky-high summer bills. Just consistent, level payments you can plan around.
At its core, a fixed-rate electricity plan is elegant in its simplicity. You pay a locked rate per kWh of usage for the duration of your contract, whether six months, one year, two years, or more. Your rate doesn’t fluctuate with market conditions, utility fuel costs, or seasons.
Does it sound too good to be true? While fixed rates don’t protect you from changes in your usage patterns, they eliminate the chaos of rate volatility.
That stable per-kWh price provides a firm foundation for manageable bills. Just monitor your electricity consumption, and you’ll know roughly what to budget each month.
When you lock in a fixed electricity rate, you put yourself in the driver’s seat and leave uncertainty in the rearview mirror.
But consistent budgeting is just the start of fixed-rate benefits:
- Pricing Protection—As wholesale electricity prices fluctuate based on demand, supply costs, and market events, your fixed rate keeps your bill predictable. There are no sudden spikes to swallow.
- Flexible Terms—Whether you prefer a short 6-month lock, want to settle in for 24 months, or something in between, fixed-rate options let you choose the contract length that best suits you.
- Renewable Options — Who says fixed rates can’t be green? Many providers offer 100% renewable fixed-rate plans utilizing solar, wind, and other clean sources.
- Plan Variety — From flat-rate to time-of-use, prepaid to indexed, there’s a fixed-rate plan type to meet almost any need. No compromising for stabilized pricing.
- Potential Savings—Locking in when rates are low lets you keep paying a discounted rate as prices potentially rise over your contract. It’s the best of both worlds.
In our age of infinite choice, fixed-rate electricity makes life simpler. You get price transparency, predictable bills, and the ability to choose your household’s right plan. All without sacrificing flexibility or green energy options.
Wait, But Is Fixed Always the Cheapest Option?
Here’s the reality—in any given month, some Texans may find lower rates on variable plans that float with the market. And there is no guarantee locking in today’s fixed rate will pay off long-term if wholesale prices tumble.
However, those savings often come with a “certainty tax” – the risk that rates will spike in future months, catching those on variable plans off-guard with a sudden rate hike. Fixed-rate customers can shrug off market fluctuations, knowing their rate is locked.
We always strive to show Texans all their options so they can make an educated choice. Our rate comparison tools let you weigh the best fixed and variable plans based on your home’s historical usage.
That way, you can opt for stabilized pricing or ride the market variability – whichever aligns with your tolerance for rate inconsistency.
The bottom line is that fixed-rate plans offer a premium many Texans are willing to pay: complete peace of mind in exchange for steady, hassle-free bills.
That’s an invaluable benefit when money’s tight, or you don’t want another worry in our fast-paced world.
Who Has the Lowest Fixed Rates in Texas?
With over 60 electric companies peddling hundreds of fixed-rate plans, finding the lowest rate for your home requires some diligence. ComparePower makes it easier.
Search with your zip code and view fixed-rate electricity plans from top Texas providers in your area.
Personalize the results to your home and find plans that offer the best value for your situation.
Next Steps: Compare Rates & Save
Learn how to compare electricity rates and choose the right plan to start saving money.
How to Compare Texas Electricity Rates
Fixed-Rate Electricity FAQs
Do you have questions about finding the best fixed-rate electricity plans? We’ve got you covered.
What electric company has the lowest fixed rates in Texas?
With over 60 providers and hundreds of plans, finding the lowest rate can be challenging. ComparePower provides an accurate comparison tailored to your home’s usage so you can be confident you’re getting the best fixed rate.
How do I find the cheapest fixed-rate electricity in Texas?
Easily find your cheapest rate on ComparePower using your home’s usage history. Comparing plans with your usage can save you hundreds a year. Quick sign-up and enrollment – switch plans in just 5 minutes.
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Support You Can Count On
Do you have more questions or need help finding the right plan for your household? Our local experts are here to help.
Contact us today, and let us help you find an electricity plan that meets your needs and budget.
With our personalized recommendations and transparent pricing, you can shop with confidence and take control of your energy costs.
We’re Here to Help!
Call 855-441-3030, Monday to Friday, from 8:30 am to 6:30 pm, or Saturday from 9:00 am to 4:30 pm.
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