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Compare electricity rates in Richmond

Choose Texas Power works with the top Richmond electricity providers to help you find an electric plan that works best for your needs. 

Enter your ZIP code to explore the best electricity rates in Richmond.

Richmond electricity rates

Express Energy - Flash 24 24 months $0.092 / kWh
Frontier Utilities - Frontier Saver Plus 24 24 months $0.092 / kWh
4Change Energy - Maxx Saver Select 12 12 months $0.092 / kWh
Gexa Energy - Gexa Eco Saver Plus 24 24 months $0.092 / kWh
Flagship Power - Galleon1000 15 15 months $0.093 / kWh
Chariot Energy - GridEdge 36 36 months $0.110 / kWh
TXU Energy - Smart Edge 12 12 months $0.118 / kWh
Discount Power - Wise Buy 24 24 months $0.118 / kWh
TriEagle Energy - Real Deal 24 24 months $0.125 / kWh
Constellation - 12 Month Usage Bill Credit 12 months $0.129 / kWh
Reliant - Basic Power 24 24 months $0.130 / kWh
Rhythm Energy - Clear Choice 24 24 months $0.135 / kWh
Payless Power - Premier 12 - Prepaid Plan 12 months $0.165 / kWh

Please note: All rates above are accurate as of 5/28/2023, 4:43:44 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.

Richmond electric companies

The deregulated energy market in Richmond allows residents to choose their own electric provider. That means electric companies near you have to compete for your business, so you have a variety of options to choose from for energy plans and rates. 

The Choose Texas Power marketplace uses information from the providers to give you a one-stop resource as you shop for energy plans. You can compare plans from some of the best electric companies near you like Gexa Energy, Direct Energy, and TXU Energy

Meanwhile, you do not have the option to choose your utility provider. In Richmond, your utility company is CenterPoint Energy. If you experience a power outage or notice a downed power line, you need to contact the utility company, not your provider.

Types of Richmond electric plans

  • Fixed-rate plans:  With this plan, your energy rate remains the same throughout your contract. Most contracts are either 12, 24, or 36 months. It results in no price spikes when seasonal variances happen. Though, if you do cancel before the term expires, you might have to pay an early termination fee. 
  • Variable-rate plans: In variable-rate plans, your electric price changes with the wholesale price of electricity. Factors influencing the cost are energy demand, seasonal variances, and more. That said, you can cancel this plan at any time and not incur an early termination charge. 
  • No deposit plans: Some plans require a credit check before signing up, and if your credit score is unsatisfactory you might have to pay a deposit upfront. If you’re looking to avoid a credit check, or if you have a lower credit score, a no deposit plan might be a good option for you. 

Enter your ZIP code above to discover available electric plans near you.

Richmond electric rates in my area

Various factors influence electricity rates, including utility transmission charges and delivery fees, which are based on where you live.  It’s important to shop for electric plans near you to ensure you find the most accurate rates. 

Simply enter your ZIP code above to begin comparing the current electricity rates in your area. 

Richmond commercial electricity rates

The power of choice for energy suppliers extends to Richmond businesses. You can use our business energy form to receive customized solutions. Or, if you prefer a more personal touch, contact the number on this page to speak with one of our energy consultants. Either way, you’ll receive customized solutions most appropriate for your business.

Green energy plans in Richmond

Texas is a leader in renewable energy, scoring first nationally in wind energy and top five in solar generation. That means there are plenty of renewable energy options for Richmond residents. 

Once you find the plan you like, click on the more details tab. Doing so gives you access to the Electricity Facts Label (EFL), which will show you the exact amount of renewable energy in the plan and the renewable energy rate

There are also certain energy providers that offer 100% renewable energy plans. These providers are Green Mountain Energy, Gexa Energy, and Chariot Energy.

Are you moving to Richmond?

Richmond residents have access to unique attractions like the Fort Bend Museum and the nearby Cullinan Park. They also benefit from ample energy choices thanks to deregulation. 

Whether you are shopping for a provider or looking to switch providers, Choose Texas Power can help. Enter your ZIP code to find cheap electricity in Richmond. 

Richmond energy FAQs

Which provider has the cheapest electricity rates in Richmond?

Express Energy offers the lowest prices in town, with rates at 7.9 cents per kWh for a 12-month fixed-rate plan. 

Where can I compare Richmond electricity rates?

The Choose Texas Power marketplace makes it convenient to compare electric rates in Richmond. Once you enter your ZIP code, we filter options from the lowest to the highest prices. We also offer filtering tools to help you find energy plans based on renewable choices, providers, plan types, and more. The result is a simplified shopping experience, saving you time and money. 

How can I lower my electricity bill in Richmond?

Our resource on understanding your energy bill helps you make sense of all the influencing factors affecting cost. From there, consider having an energy audit done, where an expert can identify ways to help you save money monthly. You can also turn off the air conditioner when leaving home, use LED lighting, and unplug energy vampires like your TV or computer when not in use. 

What is a good price per kWh?

For fixed-rate options, Express Energy offers one at 7.9 cents per kWh. For variable-rate choices, Payless Power has the cheapest option at 15.8 cents per kWh. 

Deregulated energy made easy

Let us put the power in your hands with a new electricity plan.

Or call us today:  1-877-425-9108
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Updated: 10/26/2021