Compare the Best Texas Electricity Rates & Companies

Shop for energy plans from Texas’ top electricity providers. Rates as low as 8.3¢.

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Explore today’s best electric rates in Texas

APG&E - SimpleSaver 12 12 months $0.083 / kWh
Frontier Utilities - Frontier Saver Plus 14 14 months $0.083 / kWh
4Change Energy - Maxx Saver Value 12 12 months $0.084 / kWh
Discount Power - Bill Credit Bundle 12 12 months $0.084 / kWh
Express Energy - Flash Value 12 12 months $0.084 / kWh
Cirro - Bill Bonus 12 12 months $0.084 / kWh
Gexa Energy - Gexa Eco Saver Plus 12 12 months $0.084 / kWh
Rhythm Energy - Rhythm Saver 15 15 months $0.086 / kWh
Atlantex Power - Radiance1000 12 12 months $0.117 / kWh
Reliant - Reliant Power Savings 12 plan 12 months $0.129 / kWh
Constellation - 12 Month Usage Bill Credit 12 months $0.136 / kWh
Veteran Energy - Valor 12 12 months $0.136 / kWh
TXU Energy - Smart Edge 12 12 months $0.139 / kWh
TriEagle Energy - Real Deal 24 24 months $0.145 / kWh
Direct Energy - Live Brighter Lite 12 12 months $0.155 / kWh
Green Mountain - Pollution Free Conserve 12 Preferred 12 months $0.175 / kWh
Payless Power - 6 Month - prepaid 6 months $0.187 / kWh

Please note: All rates above are accurate as of 3/21/2026, 2:28:29 AM CDT for ZIP Code 75001. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Our top picks for cheap electricity

Searching for an affordable energy solution? Here are our experts’ top picks for cheap electricity plans available on our marketplace. Rates shown are for an average monthly usage of 1,000 kilowatt-hours (kWh).

Enter your ZIP code to discover the best electricity rates in Texas or call our team for guidance.

Average Texas electricity rates based on home size

The size of your home influences how much you pay for electricity, because bigger homes typically consume more energy than smaller homes. Texas electric rates are broken down into three kilowatt-hour (kWh) usage tiers: 500 kWh, 1,000 kWh, or 2,000 kWh. We’ve grouped home sizes by usage level to help you find a plan tailored to your average energy usage. Here’s how much different households pay for electricity on average, based on our marketplace data:

  • Apartments (500 kWh monthly usage): 20.4 cents per kWh
  • Small homes (1,000 kWh monthly usage): 11.5 cents per kWh
  • Large homes (2,000 kWh monthly usage): 15.1 cents per kWh
  • Average across all home sizes: 15.6 cents per kWh

Enter your ZIP code on our marketplace and select the “home size” filter to review plans and rates designed to fit your needs.

Our Texas price analysis for March 2026

Texas electricity rates are trending down 1.14% heading into spring this month. Early spring is one of the best times to secure a cheap electricity rate because energy demand is typically lower due to more moderate weather. This low demand makes way for more favorable energy prices. In addition to this month’s decline, Texas rates are also down 1.73% compared to this time last year. Take advantage of the affordable season to secure one of the best energy plans in Texas today.

The cheapest Texas energy rate today is 8.3 cents per kWh from APG&E. Rates may vary depending on utility area.

Our spring energy-saving tips

Spring has low energy demands — it’s the perfect time to reset your home before your electricity usage spikes in summer. Here’s how to get your home ready:

  • Conduct an energy audit to find areas to improve your home’s energy efficiency.
  • Change your air filters to remove buildup and freshen up your airflow.
  • Switch to a smart thermostat to automatically regulate your home’s temperature.

Discover our best energy providers

With so many energy companies to choose from, you may be wondering which one is the best. To help, we’ve highlighted some of our most popular providers and what they are best known for.

Provider

Best known for

Our rating

TXU Energy Offering a diverse selection of plans 5/5
Gexa Energy 100% green energy plans at an affordable cost 4.9/5
4Change Energy Donating 4% of its annual profits to Texas charities 5/5
Express Energy Attentive customer service 5/5
TriEagle Energy Transparent, fixed-rate plans 4.9/5
Frontier Utilities Low-cost, straightforward power plans 4.8/5
Veteran Energy Its mission is to help veterans and their families 5/5

Shop these and numerous other energy providers by entering your ZIP code on our marketplace today.

Texas energy deregulation explained

Texas deregulated its electricity market in 2002, giving the majority of residents and businesses the power to choose their electric provider. Thanks to this system, consumers can compare competitive plans from top providers and pick the most reliable option. Here’s how energy deregulation works:

  1. You pick an energy provider and plan.
  2. Your provider sets up your account and sends your monthly energy bill.
  3. Your utility company delivers electricity to your home or business and handles electrical emergencies like power outages.

Choose Texas Power is a free marketplace that helps shoppers explore their options and sign up for a compatible plan. We also provide expert-crafted guides that simplify Texans’ energy choice, such as:

Factors to consider when comparing Texas electricity plans

Achieving affordable energy requires more than simply selecting the cheapest plan. In addition to finding a low rate, it’s important to choose a plan that matches your top priorities. Here are some of the most important considerations.

Plan types

There are a few different energy plan types available in Texas’ deregulated market. Here are the most common:

  • Fixed-rate: A fixed-rate plan offers a steady electricity rate for a set term length. This provides price stability and protection against market fluctuations. Note that you will likely pay an early termination fee (ETF) if you cancel a fixed-rate plan before the contract ends.

    Shop this top fixed-rate plan: Maxx Saver Value 12 from 4Change Energy.

  • Variable-rate: Variable-rate plans do not have a set electricity rate because they change with the market. Your bill may fall during low-demand periods but rise during peak times. Variable plans are best for short-term use since you can cancel anytime without a fee.

    Get energy fast with the Flex Rewards plan from TXU Energy.

  • Prepaid: A prepaid plan requires customers to pay for electricity in advance, allowing greater control over usage and budgeting without an upfront deposit.

    Secure no-deposit electricity with the 6 Months-Prepaid plan from Payless Power.

Contract length

Your plan’s contract length is an important factor in your decision. Our experts have found that picking a length that matches your lifestyle helps you achieve more manageable bills. Consider these popular contract options:

  • Month-to-month: Pick this option if you need a short-term energy solution. Be aware that your price could change each month.
  • One-year contract: A one-year contract is a good option for stability without too much of a commitment. It’s a happy medium between monthly plans and long-term contracts.
  • Two- to three-year contracts: Longer contracts can be a good fit if you want predictability. Know your typical monthly usage before committing to ensure it’s a good match.

Regardless of your choice, carefully read the Electricity Facts Label (EFL) to avoid surprises down the line.

Usage pattern

Your usage habits matter when picking an energy plan because some plans work better for certain patterns. For example, bill credit plans are great when they match your usage level but can be more expensive if you do not meet thresholds. Likewise, free nights and weekends plans benefit those who use energy mostly at night but may cost more for daytime users. Consider your habits to determine whether a plan’s unique features will help you save.

Find my plan: Our customized shopping journey

Unsure which plan is right for you? Luckily, our customized shopping experience identifies which plans best match your energy needs. Be prepared to enter some information, including:

  • Your home address
  • Number of occupants
  • Usage information
  • Your top priority (cost, predictability, green energy, etc.)
  • Ideal term length
  • Home features (central heating and cooling, a smart thermostat, a hot tub, etc.)
  • Recent electricity bills (optional)

After answering questions about your home and energy needs, our shopping tool will generate your top matches.

Ready to get started? Find your plan today.

How to switch electricity providers in Texas

Choose Texas Power makes it easy to switch electricity providers. You may want to switch for many reasons — moving, finding a cheaper rate, or wanting a different contract length. Our free marketplace simplifies the switching process. Learn how to change providers in minutes:

  • Check your EFL: You may incur a penalty if you end your contract early. Review your plan’s EFL to learn about any potential fees before you start.
  • Enter your ZIP code: Your location determines which providers and plans are available. Search the marketplace by ZIP code and filter by contract length, rate type, renewable energy, and more.
  • Pick a plan and sign up: Sign up directly on Choose Texas Power or call the number on your screen to navigate the process with the help of an energy advisor.

Need to switch providers same day?

Many Texas energy providers offer same-day electricity setup if you enroll before a provider’s cutoff time. Consult our same-day electricity guide to learn the cutoff times for providers that offer this service.

Common deregulated energy terms

Here are some terms you need to know to confidently navigate Texas’ energy market:

  • Electricity Facts Label (EFL): The EFL contains essential details about your plan, such as the rate, the amount of renewable energy, contract length, and more. Read it on our marketplace before you sign up.
  • Utility delivery fees: Your utility company charges fees for delivering electricity to your home or business. These appear on your bill as Transmission and Distribution Utility (TDU) or Transmission and Distribution Service Provider (TDSP) charges.
  • ERCOT: The Electric Reliability Council of Texas manages the safe and reliable transmission of electricity across the Texas power grid.
  • PUCT: The Public Utility Commission of Texas regulates utilities, oversees energy providers, and addresses customer complaints.

Texas electricity rates FAQs

Why are Texas electricity rates so high?

Texas electricity rates have increased in recent years due to population growth and extreme weather conditions. Both factors increase electricity demand, place strain on the grid, and push up prices.

Which provider has the cheapest electricity rate in Texas?

Right now, our cheapest energy rate is 8.3 cents per kWh from APG&E. However, rates change frequently by location and time of year — enter your ZIP code to get the most accurate rate information.

Will Texas electricity rates go up?

Texas electricity rates tend to rise in summer and winter because weather drives higher electricity use. Prices typically decrease in spring and fall when demand eases. Use our marketplace to find competitive rates year-round.

What’s the difference between an energy and utility company in Texas?

Energy providers sell and manage your energy plan, whereas utility companies deliver electricity to your home, maintain power lines, and respond to outages. In Texas’ deregulated areas, you choose your provider but not your utility.

What is an EFL?

An EFL is an electricity document that outlines key components of an energy plan. It details important information such as the energy price, contract length, early termination fees, and provider contact information.

How do I know if a plan is right for me?

The right plan should fit comfortably in your budget and come from a provider you trust. Always examine the plan’s usage tiers to understand your potential rate based on past usage. Call the number on your screen if you’d like help picking the right plan.

Deregulated energy made easy

Let us put the power in your hands with a new electricity plan.

Or call us today:  1-877-425-9108
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