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.
Fixed-Rate Electricity in Texas
Many different electricity plans are available in Texas, and it can be hard to know which one is best for you.
Fixed-rate electricity plans offer stability and predictability, which can be helpful if you’re on a budget.
We’ll compare some of the best fixed-rate electricity plans on ComparePower to help you decide which is right for your home.
What’s a good fixed rate per kWh in Texas?
The lowest fixed-rate electricity plan today starts at 8.80¢/kWh.
That’s significantly lower than the average Texas residential electricity rate, which stands at 14.46 ¢/kWh.
Find the Best Fixed-Rate Plan
Hundreds of fixed-rate energy plans are available in Texas, so it can be challenging to choose one.
Shopping for a fixed-rate energy plan in Texas without knowing your home’s kilowatt-hour usage can cost you hundreds or even thousands.
The number one rule in finding the right power plan is to understand your usage. This 2-minute video that explains everything you need to know ⤵️
Get a cheap fixed-rate plan in minutes.
It took me less than 5 minutes to enter my information, find a great plan, and get signed up! Super easy, super fast. I loved that I could enter my own kWh to see the prices too. Will definitely use this site again 🙂Laura H. (TX, United States)
Best Fixed-Rate Energy 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.
Save with a fixed-rate energy plan.
What are fixed-rate electricity plans, and how do they work?
Fixed-rate electricity plans are a type of energy plan offered by retail electricity providers in Texas.
These plans allow energy consumers to lock in a set price for energy over a specified term, usually 3 to 36 months.
Depending on your needs, you may favor a short-term or long-term contract.
This means that your rate will stay the same for the duration of your contract, even if energy prices fluctuate.
That does not mean your electricity bill will be the same each month.
You will still need to pay the rate for the kWh you use each month, which can fluctuate with the seasons and the weather.
Fixed-rate plans often have early cancellation fees, so if you need to switch plans for any reason, you can do so without penalty.
Compare fixed rates for your best plan.
Texas Electricity Companies
Over 60 electricity providers in Texas can supply you with electricity.
Most companies offer fixed-rate plans, including Reliant Energy, TXU Energy, and Gexa Energy.
The following companies offer the best fixed-rate plans on ComparePower. Be sure to compare before choosing one.
|Energy Companies||Phone Number|
|New Power Texas||888-316-0697|
Easiest way to compare power companies. They even remind right before your other contract expires. 2 years using this site , both years lower rates than on the actual companies websites!Randy R. (TX, United States)
Fixed-Rate Electricity FAQs
What electric company has the lowest fixed rates in Texas?
Texas has a competitive electricity market, with over 60 electric companies offering hundreds of energy plans. But finding the best electricity provider with the lowest fixed rates can be challenging, especially if it’s your first-time shopping for an energy plan.
ComparePower takes the guesswork out of the equation by providing an accurate apples-to-apples comparison of fixed-rate energy plans tailored to your specific usage so you can be confident you’re getting the best electric rate and energy plan for your Texas home.
How do I find the cheapest fixed-rate electricity in Texas?
Easily find your cheapest rate on ComparePower with your home’s usage history.
You can save hundreds a year by comparing plans with your home’s usage history. It’s the best way to shop for a cheap fixed rate in Texas. Plus, with a quick and easy sign-up, you can enroll online in 5 minutes.