Compare Electricity Plans and Companies in Richmond, TX
Find energy plans from top Richmond electric companies

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Compare today’s Richmond electricity rates

4Change Energy - Maxx Saver Select 24 24 months $0.102 / kWh
Gexa Energy - Gexa Eco Saver Special 12 Plan 12 months $0.104 / kWh
Express Energy - Flash 12 12 months $0.108 / kWh
Frontier Utilities - Frontier Saver Plus 24 Plan 24 months $0.108 / kWh
Discount Power - Bill Credit Bundle 24 24 months $0.119 / kWh
Cirro - Simple Bill Credit 24 24 months $0.119 / kWh
Veteran Energy - Valor 12 12 months $0.129 / kWh
TriEagle Energy - Real Deal 36 36 months $0.137 / kWh
Reliant - Reliant Power On 24 plan 24 months $0.139 / kWh
TXU Energy - Smart Edge 12 12 months $0.149 / kWh
Direct Energy - Live Brighter Lite 24 24 months $0.155 / kWh
Rhythm Energy - Clear Choice 36 36 months $0.159 / kWh
Payless Power - 6 Month - prepaid 6 months $0.172 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.177 / kWh
BKV Energy - Lantana 12 12 months $0.181 / kWh

Please note: All rates above are accurate as of 12/02/2024, 7:10:49 PM CST 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.

Your power to choose electricity in Richmond

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.

Best Richmond electricity providers

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.

CenterPoint Energy: Richmond’s utility company

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:

Types of Richmond electric plans

When searching for a new electricity plan in Richmond, you’ll come across a few common types of plans. These include:

  • Fixed-rate plans: This type of plan secures you a specific energy rate for the duration of your contract, which will typically range from 12–36 months. The rate stays the same regardless of what happens in the energy market. If you cancel before the term expires, you may have to pay an early termination fee (ETF).
  • Variable-rate plans: If you have a variable-rate plan, the price you pay for electricity changes with the wholesale energy price. Demand, seasonal variances, and other factors can cause prices to fluctuate monthly. You can cancel this type of plan at any time without an ETF.
  • No-deposit plans: Some plans require a credit check before signing up, and if your credit score doesn’t meet the provider’s threshold, you might have to pay a deposit upfront. If you’d rather avoid this fee, a no-deposit electricity plan, such as a prepaid plan, could be right for you. These plans allow you to pay ahead of time for electricity and top up your account when the balance gets low.

Understanding Richmond electric rates

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.

Richmond commercial energy

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.

Green energy plans in Richmond

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.

Moving or switching providers in Richmond

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.

Moving to a new address

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.

Switching energy providers

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.

Richmond energy FAQs

Which electricity provider has the cheapest rates in Richmond?

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.

Where can I compare electric rates in Richmond?

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.

How can I lower my electricity bill in Richmond?

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.

What is the best energy provider in Richmond?

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.

 

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