Month-to-Month Electricity: A Short-Term Solution
Take advantage of convenient monthly energy plans with no contract on Choose Texas Power.
At Choose Texas Power, we aim to provide consistent, reliable information about energy plans. Our partners do not direct our editorial content, though we may reference their products in our posts. Read about how we make money to learn more.
Find the electric rate that’s right for you
How month-to-month energy plans work
Month-to-month electricity is a convenient energy solution if you need a short-term plan. Under a month-to-month electricity plan, your rate is subject to change, but you have the freedom to renew, cancel, or switch your plan each month. Because month-to-month electricity plans don’t have a contract, you won’t incur an early termination fee (ETF) if you choose to switch.
To compare month-to-month electricity plans on the free Choose Texas Power marketplace, enter your ZIP code on this page. We’ll show you a list of current energy plans and Texas providers available in your area. You can narrow your results to compare month-to-month energy options by filtering for variable-rate plans.
Who is month-to-month electricity best for?
A month-to-month electricity plan is ideal for someone whose living situation is in transition. If your rental lease is ending soon or your moving plans are continuously shifting, a short-term electricity plan can help power your home without locking you into a contract. You also won’t have to worry about paying cancellation fees if you need to end your service suddenly.
Month-to-month energy can also help you wait out the price spikes often experienced in Texas summers and winters. With the flexibility of month-to-month electricity plans, you can enroll in service and switch to a plan with a lower rate when energy prices drop.
Month-to-month electricity plans for new homes
If you are moving to a new home, you may have a hard time predicting your monthly energy usage. Understanding your average usage is important when shopping for electricity plans because providers set rates based on monthly consumption.
To avoid rushing to sign up for a plan that doesn’t work for your usage or new home, you can instead enroll in a month-to-month option. This type of plan will give you the flexibility to learn what your usage levels are in your new home. You can then take your time to shop for a longer-term plan offering a cheap electricity rate for your usage tier.
Our top month-to-month electricity plans
We partner with TXU Energy to bring our shoppers convenient month-to-month energy solutions. TXU Energy is one of the most popular providers in Texas, thanks to its strong track record of reliability and a wide variety of energy plans. The following is an overview of our favorite month-to-month electricity plans from TXU Energy.
TXU Flex Rewards
The Flex Rewards plan offers maximum flexibility with no strings attached. Here’s what you can expect if you enroll in this plan:
- No contract
- Variable rate
- 3% cash back loyalty rewards
- 60-day satisfaction guarantee
- No early termination fee
The Flex Rewards plan is available in most major cities in Texas. Enter your ZIP code to shop this plan today.
On Your Terms
The On Your Terms plan may be a suitable match if you’re searching for a bill credit electricity plan with no long-term commitment. Here’s what you need to know:
- No contract
- No ETF
- Variable rate
- $15 bill credit each month you use 800 kilowatt-hours (kWh)
- 60-day satisfaction guarantee
This month-to-month plan is only available in the Lubbock Power & Light utility service area. Enter your ZIP code on this page to find out if it’s available near you.
Cons of month-to-month electricity plans
Month-to-month electricity plans have a few drawbacks. Consider these factors when deciding if this option is worth it for you.
- Your electricity rate fluctuates each month based on the energy market, meaning your rate could be very high during peak seasons, like summer and winter.
- Electricity rates on month-to-month plans tend to be higher than fixed-rate options.
- Since your electricity rate is variable, it can be challenging to budget for your monthly energy bills.
On the fence about month-to-month electricity plans? Call the number on your screen to speak with an agent for assistance. Our team of experts is skilled at matching shoppers with the right energy plan based on their unique needs and priorities.
Month-to-month electricity FAQs
How much do you pay monthly for electricity in Texas?
According to our latest marketplace data, Texans currently pay about $175 per month for electricity. This bill was calculated using our average Texas electricity rate of 15.97 cents per kilowatt-hour (kWh) and the average monthly consumption of 1,096 kWh for Texas households from the Energy Information Administration (EIA).
What’s the cheapest type of electricity plan?
Our energy experts recommend fixed-rate plans for the most savings potential. Fixed-rate plans let you lock in an affordable rate and shelter you from market fluctuations.
Does TXU Energy require a deposit?
TXU Energy requires a deposit for some of its energy plans, depending on your credit score and payment history. However, it may waive the deposit if you have no history of delinquent payments and a high credit score.
Do I need a month-to-month plan if I’m moving?
While month-to-month plans are convenient for those in transition, you actually can have a long-term contract even if you plan to move. Many providers will let you keep your current electricity plan if they service your new address. If your provider does not offer service at your new home, you can cancel your plan without penalty by providing proof of your change in address.
What is a variable-rate plan?
Month-to-month electricity plans usually have variable rates. This means the rate you pay will change each month depending on the wholesale cost of energy. Variable-rate plans can be riskier, but they are more flexible.
