Compare Laredo electric rates

Laredo is a city on the southern border of Texas on the north bank of the Rio Grande. With a population of roughly 260,000, the city is one of the 10 largest in Texas. Because of its proximity to Mexico, Laredo’s economy revolves largely around international trade with its southern neighbor.

Because of the deregulated energy market in Texas, Laredo residents can choose their own electricity provider. The Choose Texas Power marketplace can help you find plans and rates available in your area. Just enter your ZIP code above to get started.

Laredo Electricity Rates

Gexa Energy - Gexa Eco Saver Plus 12	12 months	$0.119 / kWh
4Change Energy - Maxx Saver Select 24	24 months	$0.119 / kWh
Express Energy - Flash 12	12 months	$0.119 / kWh
Frontier Utilities - Frontier Saver Plus 24	24 months	$0.119 / kWh
Veteran Energy - Valor 18 - Exclusive Offer!	18 months	$0.135 / kWh
Constellation - 12 Month Usage Bill Credit	12 months	$0.149 / kWh
TriEagle Energy - Real Deal 24	24 months	$0.149 / kWh
Flagship Power - Galleon1000 36	36 months	$0.151 / kWh
TXU Energy - Smart Edge 12	12 months	$0.155 / kWh
BKV Energy - Verbena 36	36 months	$0.163 / kWh
Rhythm Energy - Clear Choice 36	36 months	$0.172 / kWh
Payless Power - 12 Month - Prepaid	12 months	$0.180 / kWh

Please note: All rates above are accurate as of 5/10/2024, 10:27:33 PM CDT for ZIP Code 78040. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Laredo electric companies

Texas deregulated its energy market in 2002. Since then, most residents have been able to choose their own energy suppliers. Laredo residents have many companies to choose from for their electricity. A few popular options include:

While your chosen energy supplier will provide the electricity that comes to your home, the local utility company still delivers the electricity and maintains the infrastructure. The utility company for Laredo is AEP Texas. For help with your electric service or to report an outage, contact the company at 1-877-373-4858.

Types of plans

When you sign up for your new electricity plan, you’ll have a variety of options to choose from. Some of the most common energy plans include:

Fixed-rate plans: When you sign up for a fixed-rate energy plan, you lock in electricity supply rates for the length of your contract. As a result, you pay the same prices per kilowatt hour of service each month, no matter what fluctuations happen in the market price. With this type of plan, you aren’t vulnerable to price increases, but also don’t enjoy a price decrease when the market goes down.
Variable rate plans: Unlike a fixed-rate plan where you lock in a rate, variable-rate plans are based on the current energy market. Your rate may fluctuate each month as the market fluctuates. As a result, you’ll sometimes enjoy lower rates, but other times be stuck paying higher prices.
No-deposit plans: Electricity plans sometimes require an upfront deposit. Whether you pay a deposit is often based on credit score. Some providers offer no-deposit plans, either allowing consumers with good credit to skip the deposit or by not requiring a credit check altogether.
Prepaid plans: Prepaid plans are a type of no-deposit plan. Rather than paying a deposit, you simply pay your electricity bill upfront based on the amount you expect to use. With this type of plan, you’ll have to have a general idea of how much electricity you use each month or risk paying for the wrong amount.
Green energy plans: Green energy is quickly becoming a popular option for those choosing their own energy plans. Each Texas electricity plan includes some renewable energy, but you can also choose 100% green energy plans.

Laredo electric rates in my area

Electricity rates vary depending on where you live. The rate you pay in Laredo might be different from the rate someone pays in another part of Texas. Rates vary based on supply charges, delivery charges, taxes, and fees.

If you conduct a web search for best electric rates near me or best electricity rates in my area, you’ll have to sort through dozens of results on different websites. Choose Texas Power can help with that! To find out the current rates in your area, enter your ZIP code and see a list of local plans and prices all in one place. You can sort by price, term, and other factors to cut your research time substantially.

Laredo commercial electricity rates

It’s not just individuals in Laredo that enjoy an open energy market. Businesses also get to take advantage of the deregulation and choose their own energy provider. If you’re a business owner and want to learn more about commercial electricity rates, call and speak with an energy expert. You can also fill out the form on this page to get started.

Green energy plans in Laredo

Texas is a leader in green energy. The state is number one in the nation for wind energy generation and in the top five for solar energy generation. As a result, Texas residents have many options when it comes to choosing a green energy plan.

Each Texas electricity plan comes with a percentage of renewable energy. Many companies also offer 100% green energy plans. Finally, a handful of companies only offer green energy plans. Those companies include:

Confused about deregulation?

Ready to shop for a new electricity plan but not sure how in a deregulated market? We’ve got plenty of resources to help you get started. These resources will help you find the right plan for you and start saving money.

Ready to shop for your next energy plan? Enter your ZIP code in the box on the screen and you’ll see a list of all the plans and rates available near you.