Best Energy Companies for Apartments in 2024
Compare electricity providers to find the best plan for your apartment.

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Best electricity plans for apartments

Living in an apartment differs from living in a home in Texas, so the best energy plan for your apartment will also vary. Your living situation and energy usage habits are important factors to consider when picking a plan. The best apartment energy plans align with your electricity consumption level and have a contract length matching your lease. 

The following are other elements to consider when choosing an electricity plan for your apartment.

  • Contract length: If you signed a two-year lease, you can secure a low-rate energy plan for 24 months. A fixed-rate plan means you pay the same rate for the length of your contract. 
  • Contract type: A fixed-rate plan is best for those with a long-term lease. If you are on a short-term or month-to-month lease, consider a variable-rate plan with a flexible contract and an energy price that changes each month based on the market. 
  • Energy usage: Some plans have additional benefits based on usage. Depending on the plan, you could secure bill credits by using under or over 1,000 kilowatt-hours (kWh) of energy. Review plan details to understand the terms and conditions. 
  • Amount of space: Apartments are usually smaller in size or square footage than a home, requiring less energy to power the space. 
  • Appliances: If you have energy-efficient appliances, you may not use as much energy each month. 

Best electric companies for apartments

Choose Texas Power’s highest-rated electricity providers include TXU Energy, TriEagle Energy, and Gexa Energy. These companies all offer a 60-day satisfaction guarantee. If you are unhappy with your service, you can switch plans or providers within 60 days of enrollment without paying any fees. Learn more about our top-rated electric providers for apartment energy plans. 

TXU Energy

As Choose Texas Power’s top electricity provider, TXU Energy is well known in the Texas deregulated market. Based on our TXU review, the company is not the lowest-rate provider but is the best company in Texas for high-quality customer service and plan option variety. It has many available energy plans to fit your apartment’s needs. 

For example, if you use 800 kWh or more of energy each month, you receive a $30 bill credit for plans like Smart Edge 12 and Solar Value 12. Or, choose the Flex Rewards variable-rate plan for 3% cash-back loyalty rewards. 

TriEagle Energy

Known for bill credit reward programs, TriEagle Energy offers energy plans for 12, 24, and 36-month contracts. If you have a larger apartment or higher energy usage, consider one of the Real Deal energy plans for a $50 bill credit each month you use more than 1,000 kWh of electricity. 

Gexa Energy

Gexa Energy offers 100% renewable energy plans with lower rates than TXU and TriEagle Energy. If you use more than 500 kWh of energy each month, you can receive a $50 bill credit for plans like the Gexa Eco Saver Lite. Gexa Energy also provides exclusive plans to new customers, like the Gexa Saver Freedom plan.

Enter your ZIP code to explore and compare energy plan options for your apartment. Find information about additional benefits in the plan details. 

Same-day electricity

Energy companies often provide same-day electricity services for those needing power access the same day they enroll. If you are moving or need immediate service, ask your chosen provider about same-day services. Before agreeing, ask the provider about fees or terms to ensure no surprises. 

Average apartment electricity bill

Your monthly electricity bill is based on local rates and your energy usage. According to the Energy Information Administration (EIA), the average residential electricity rate in Texas is currently 14.92 cents per kWh, making the average monthly household energy bill total $175.76. 

The following table displays the average monthly electricity bill in Texas based on usage level.


Average monthly
 Monthly energy
700 kWh $104.44
900 kWh $134.28
1100 kWh $164.12
1300 kWh $193.96
1500 kWh $223.80

Review your usage on past electricity bills and use the following equation to calculate your total. Your rate may be higher or lower than average based on location. 

(Electricity rate) X (Energy usage) = Monthly bill

Electricity for apartments FAQ

What takes up the most energy in an apartment?

Heating and cooling make up the most electricity usage in an apartment, especially in states like Texas with extreme weather conditions. Choosing an apartment with a programmable or smart thermostat can help you save energy and reduce bills.


How many kWh per day is normal for an apartment?

Apartments use 20–30 kWh per day, depending on the size and location. Based on the average residential energy rate in Texas, electricity costs about $2.98—$4.48 per day for these usage levels.


How can I reduce the energy cost of my apartment?

Choosing an apartment complex with energy-efficient appliances, programmable thermostats, and updated insulation can reduce energy bills. You can also implement energy-saving habits like air-drying clothes, reducing hot water usage, and unplugging electronics.


How can I find a cheap light company for apartments?

Enter your ZIP code on our marketplace and sort through the available options from low to high. The apartment energy plan displayed first is the cheapest. Review each plan’s details, keeping your typical energy usage in mind. You may save money with a more expensive plan with bill credits for higher usage.