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Please note: All rates above are accurate as of 7/30/2025, 5:21:57 PM CDT for ZIP Code 77469. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
If you’re new to deregulation and are wondering how it affects how you buy electricity, then Choose Texas Power is here to help. Energy deregulation means you have the power to choose your electricity rates and the provider that best fits your energy budget and needs. Rather than buying electricity from your utility, you can shop for plans from several Richmond electricity providers.
Choose Texas Power is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
Since electric companies compete for your business, you have various options for energy plans and rates. Each provider offers plans tailored to different customers, making it easier to find a rate that works for you.
The Choose Texas Power marketplace uses information from Richmond electricity providers to give you a one-stop-shop resource for energy plans. You can compare plans from some of the best electric companies near you, including Gexa Energy, Direct Energy, and TXU Energy.
Your utility company is determined by where you live, so you can’t choose which one you use. While energy providers sell energy plans and manage billing, utility companies deliver and maintain power. In Richmond, your utility company is CenterPoint Energy. If you experience a power outage or notice a downed power line, you should contact CenterPoint, not your provider. You can contact them in the following ways:
When searching for a new electricity plan in Richmond, you’ll come across a few common types of plans. These include:
Various factors influence electricity rates, including utility transmission charges and delivery fees. Since this is affected by where you live, shopping for electric plans near you is important to ensure you find the most accurate rates.
Enter your ZIP code to compare up-to-date electricity rates in your area.
The power to choose energy suppliers extends to Richmond businesses. You can use our business energy form to receive customized solutions for your commercial operations. Or you can call the number on your screen to speak with one of our energy experts to receive customized solutions that fit your business.
Texas is a leader in renewable energy, scoring first nationally for wind energy production and second for solar generation. That means there are plenty of renewable energy options for Richmond residents.
All plans in Texas include some green energy. If you want to know more about the green energy in your plan, you’ll want to check its Electricity Facts Label (EFL). This will show you the exact amount of renewable energy in the plan and the renewable energy rate.
Certain energy providers offer 100% renewable energy plans, an ideal choice if you want to reduce your carbon footprint. In Richmond, these providers are Green Mountain Energy and Gexa Energy.
If you’re moving to Richmond, shopping for a provider, or looking to switch electricity plans, Choose Texas Power can simplify the process. Our marketplace has the tools you need to find cheap electricity rates in Richmond.
Transferring services from one location to another starts with giving your energy provider plenty of time to prepare for the switch. If you’re moving out of your existing provider’s service area, then you can benefit from using our marketplace to choose a new energy provider in Richmond. And you won’t have to pay an ETF if you’re breaking your current contract early due to your move.
If you’re unhappy with your current energy provider, want a lower electricity rate, or need a provider who services a new location, then you might need to switch providers. Our marketplace is your all-in-one stop for shopping local electricity rates. But be sure to check to see if you’ll incur an ETF before you make the switch.
Gexa Energy and Frontier Utilities currently offer the cheapest electricity rates in Richmond. Remember that rates are always changing, so it’s important to enter your ZIP code on this page to get the latest information for your area.
The Choose Texas Power marketplace is a great platform to compare your energy options. You can browse through various plans from a range of trusted energy providers. You can also filter your search results by provider, plan type, green energy options, and more. Once you choose the best plan for you, signing up online or over the phone only takes a few minutes.
Reducing your energy consumption is the best way to lower your electricity bill. You can do this by turning off appliances when you’re not using them or turning up your air conditioning a few degrees. You could also invest in energy-efficient appliances. Another option is looking for a new energy plan with a rate lower than your current one using the Choose Texas Power marketplace.
That will depend on your personal energy needs and goals. If you want a 100% green energy plan, use our filters to compare companies that only offer those features. If cheap electricity Richmond plans are what you’re looking for, organize your ZIP code search results from low to high prices.
Let us put the power in your hands with a new electricity plan.
