Texas Electricity Rates
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Texas electricity rates

Texas residents and businesses can choose their electricity providers from a competitive market. You don’t have to explore rates and compare plans alone, though. With Choose Texas Power, you can compare energy providers, find cheap electricity rates, and sign up for a plan in one place. Enter your ZIP code or call the number on your screen to get started.

Discount Power - Bill Credit Bundle 24 24 months $0.107 / kWh
Frontier Utilities - Frontier Saver Plus 24 24 months $0.108 / kWh
Gexa Energy - Gexa Eco Saver Plus 12 12 months $0.108 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.108 / kWh
Express Energy - Flash 12 12 months $0.108 / kWh
Veteran Energy - Valor 36 36 months $0.124 / kWh
Flagship Power - Galleon1000 36 36 months $0.134 / kWh
Reliant - Power Savings 24 plan 24 months $0.139 / kWh
TXU Energy - Smart Edge 12 12 months $0.139 / kWh
Constellation - 12 Month Usage Bill Credit 12 months $0.139 / kWh
TriEagle Energy - Real Deal 36 36 months $0.139 / kWh
BKV Energy - Verbena 12 12 months $0.141 / kWh
Cirro - Smart Value 24 24 months $0.145 / kWh
Direct Energy - Live Brighter Lite 24 24 months $0.149 / kWh
Rhythm Energy - Clear Choice 36 36 months $0.160 / kWh
Payless Power - 12 Month - Prepaid 12 months $0.161 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.162 / kWh

Please note: All rates above are accurate as of 4/20/2024, 3:25:45 PM CDT for ZIP Code 77494. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

How to switch electricity providers in Texas

You might switch providers if you’re unsatisfied with your current plan, your contract is ending, or you’re moving outside of your current provider’s service area. You may incur an early termination fee (ETF) if your contract is not over. Read your plan’s Electricity Facts Label (EFL) to find the fee details. Many providers will waive the ETF if you are moving outside the service area.

Follow this simple step-by-step process to switch electric providers.

  • Check your status. Ensure you live in a deregulated area and review your current provider and rate to make comparisons.
  • Enter your ZIP code. Filter and compare available plans based on price, plan type, and terms to find providers in Houston, Dallas, and other available cities.
  • Pick a plan and sign up. Sign up on ChooseTexasPower.org or call the number on your screen to speak with an energy advisor.

Texas energy deregulation

Texas deregulated its electricity market in 2002. Since then, residents and businesses in many cities across the state have been able to choose their own electric provider instead of defaulting to the local utility company. Electricity providers across Texas offer competitive rates to gain business.

Deregulation can be a lot to navigate. Choose Texas Power is a free resource curated to help you find an energy provider with a plan that fits your needs. Our guides can help you learn about buying energy in a deregulated market. We’ll explain the types of plans you’ll encounter, how to choose a plan, and what to do if you want to switch to a different provider. You can also search for specifics about electricity rates in your city.

Frequently asked questions

Why are Texas electricity rates so high?

The latest electricity rate in Texas is 14.25 cents/kWh, 8% lower than the national average. Electricity rates in Texas are steady this spring because of mild demand.

Where can I compare electric rates in Texas?

Choose Texas Power is a marketplace to search, compare, and sign up for the best electricity plans in Texas. Enter your ZIP code and compare plans. Sign up online or call the number on your screen to get started.

Who has the best electricity rates in Texas?

Electricity rates vary by provider and location. The best rates depend on your energy interests. After entering your ZIP code, you can filter the available plans by feature, rate type, and length to find the best rate for you. If you’re interested in a 100% renewable energy plan, explore available options from Gexa Energy. If you’re searching for the lowest rates, check out available 4Change Energy or Flagship Power plans in your area.

Will Texas electricity rates go up?

Texas electricity rates tend to rise in the summer between June and September when energy demand is higher. Shopping for electricity plans in the spring and fall may help you secure the lowest rates.

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

In deregulated areas, energy providers and utility companies have different roles. Providers sell and manage your energy plan, while utilities deliver the energy to your home, maintain power lines, and manage power outages. You choose your electricity provider and energy plan, but your utility company is assigned to you based on location.

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