Santa Fe Electricity Rates and Companies
Shop for energy plans from Santa Fe’s top electricity providers.

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Compare today’s Santa Fe electricity rates

APG&E - SimpleSaver 11 11 months $0.086 / kWh
4Change Energy - Maxx Saver Value 12 12 months $0.087 / kWh
Frontier Utilities - Frontier Saver Plus 12 12 months $0.087 / kWh
Express Energy - Flash Value 12 12 months $0.087 / kWh
Gexa Energy - Gexa Eco Saver Plus 12 12 months $0.087 / kWh
Discount Power - Bill Credit Bundle 24 24 months $0.088 / kWh
Cirro - Simple Bill Credit 24 24 months $0.088 / kWh
Rhythm Energy - Rhythm Saver 12 12 months $0.088 / kWh
Atlantex Power - Radiance1000 12 12 months $0.109 / kWh
Constellation - 12 Month Usage Bill Credit 12 months $0.119 / kWh
Veteran Energy - Valor 12 12 months $0.125 / kWh
TriEagle Energy - Real Deal 12 12 months $0.129 / kWh
TXU Energy - Smart Edge 12 12 months $0.135 / kWh
Reliant - Reliant Power Savings 24 plan 24 months $0.139 / kWh
Direct Energy - Live Brighter Lite 12 12 months $0.145 / kWh
Green Mountain - Pollution Free Conserve 12 Preferred 12 months $0.169 / kWh
Payless Power - 12 Month - prepaid 12 months $0.175 / kWh
BKV Energy - Lantana 36 36 months $0.183 / kWh

Please note: All rates above are accurate as of 8/18/2025, 5:35:18 PM CDT for ZIP Code 77510. 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 Santa Fe

In most parts of Texas (including Santa Fe), energy is deregulated, giving locals the power to choose an electricity provider. In deregulated markets, electricity providers compete for customers’ business, which can lead to cheap rates and customer-friendly incentives on plans. If you live in Santa Fe, you can use the free Choose Texas Power marketplace to compare energy rates and sign up for an affordable plan in your area.

Choose Texas Power is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

Average residential energy rate

Whether you’re new to deregulation or you have experience shopping for energy plans, it helps to understand a few things about the electricity market before signing up for a new plan. Here’s what to know:

  • In Santa Fe, the current average residential electricity rate is 13.99 cents per kilowatt-hour (kWh). This rate is for an average of 1,000 kWh usage per month, so your price could differ if you use more or less.
  • Santa Fe electricity rates tend to hit their peaks in summer and winter. During extreme weather, more people use their HVAC systems to heat and cool their homes, which drives up electricity demand (and rates).
  • On top of usage and demand, rates also depend on a few other factors, including macro environment factors like fuel prices and supply chain issues.

Best electricity providers

When you shop for Santa Fe electricity rates on our marketplace, you’ll notice a variety of energy providers serving the city. These companies are responsible for selling electricity plans, handling customer accounts, and managing billing. A few popular energy companies in Santa Fe include TXU Energy, Direct Energy, and TriEagle Energy.

CenterPoint Energy is Santa Fe’s utility

Unlike your electricity provider, your utility company is assigned by default based on where you live. Your utility is in charge of transmitting and distributing energy, maintaining the power grid, and fixing outages. In Santa Fe, the local utility is CenterPoint Energy.

To notify CenterPoint about a power outage in your area, you can:

Types of Santa Fe electric plans

In addition to the mix of providers you’ll find on our marketplace, you’ll encounter many different types of electricity plans in Santa Fe. Here’s a quick run-through of the most common types:

  • Fixed-rate plans: These plans let you lock in your rate for a set period (usually 12, 24, or 36 months) and avoid price hikes in the energy market. However, there’s usually an early termination fee (ETF) if you decide to cancel before your plan term ends.
  • Variable-rate plans: The rates on these plans are tied to the wholesale energy market. Customers should be aware of the risk of signing up for a plan that depends on market trends. However, variable-rate plans have no contracts or cancellation fees, so you can switch plans or providers freely.
  • No-deposit plans: Before beginning service, many Santa Fe electricity providers check your credit. If your score doesn’t meet certain standards, you’ll have to pay an upfront deposit on your plan. An alternative, however, is a no-deposit plan (such as a prepaid plan), where you pay for your electricity in advance.

Understanding Santa Fe electric rates

Even if you have the same plan and provider as someone living in another part of Texas, you may pay different rates. That’s because electricity rates vary depending on a number of factors, including your location, utility transmission fees, and local taxes. Before shopping for plans, make sure to specify your location so you can view accurate rates for your area.

Enter your ZIP code on this page to discover today’s best electricity rates in Santa Fe with Choose Texas Power.

Commercial energy

Deregulation also benefits businesses in Santa Fe. If you own or run a business here, you can work with Choose Texas Power to find a commercial energy plan tailored to your company’s needs. To learn more, submit your information in our business energy form or call the phone number on your screen.

Green energy plans

As the country’s leading producer of wind energy (and in the top two for solar energy), Texas is a great place to shop for a green energy plan.

Thanks to the state’s focus on renewable energy, every electricity plan sold in Texas contains at least some energy from renewable resources. To learn how much your plan has, read through its Electricity Facts Label (EFL).

Need help finding green energy plans in your area? Enter your ZIP code on our marketplace and choose the “green energy” filter. On the results page, you’ll discover the latest green electricity plans in Santa Fe, including 100% renewable options from green providers like Gexa Energy and Green Mountain Energy.

How to switch energy companies

With Choose Texas Power, you don’t need to spend hours scrolling and opening new tabs to search for cheap electricity in Santa Fe. Instead, you can use our independent marketplace to browse the latest rates and sign up for a new plan within minutes. Here’s how we can help you switch Santa Fe electricity providers through our marketplace.

Moving to a new address

Take some of the stress out of your move by signing up for a new plan through Choose Texas Power. After providing your ZIP code on this page, you can compare electric rates in Santa Fe and filter the results to find options that meet your needs. Otherwise, if you’re moving from another deregulated city in Texas, you can contact your current light company and ask to transfer your plan to your new home.

Switching energy providers

Deregulation also gives you the ability to switch energy providers if you’re unhappy with your current plan or want to lock in a cheaper rate. To browse available options, enter your ZIP code on this page. Remember, most energy companies in Santa Fe charge an ETF when you cancel a fixed-rate plan before the contract is complete.

Santa Fe energy FAQs

Which providers typically have the cheapest electricity rates in Santa Fe?

It’s common for Santa Fe electricity rates to fluctuate throughout the year, so the cheapest light company today could be different in a few days. With that said, a few energy providers typically offer the most affordable rates in the city on our marketplace. These companies include APG&E, Frontier Utilities, 4Change Energy, Express Energy, and Gexa Energy.

What is the average electric bill in Santa Fe?

Since Santa Fe residents currently pay around 13.99 cents per kWh for electricity, we’ve calculated the average electric bill to be around $160 per month. This is based on data from the Energy Information Administration (EIA), which found that Texans consume about 1,146 kWh of electricity per month.

How can I lower my electricity bill in Santa Fe?

If you don’t already, consider using an app to track your energy usage and find areas to cut back. You can make small habit changes, like unplugging appliances and electronics when not in use, washing your clothes in cold water, and sealing drafty areas in your home. Our guide to lowering your energy bill offers additional tips for customers to try out.

How do I find the best electric plan in Santa Fe?

Get started by typing in your ZIP code on our marketplace. Then, use the filter functions to narrow down the results and find plans based on your needs — cheap rates, no-deposit options, or green energy contracts. Once you’ve chosen a provider and plan, follow the prompts to sign up online or call our energy experts for help over the phone.

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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