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Santa Fe Electricity Rates and Companies

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Author: Taylor Freitas / Editor: Jamie Cesanek Updated: July 3, 2026

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Our recommended Santa Fe energy plans

The best electricity plans in Santa Fe for most residents are usually fixed-rate plans, which keep your energy rate stable throughout your contract. Many popular plans also include bill credits that can significantly lower your effective electricity rate when your monthly usage falls within the plan’s intended range. Understanding your typical electricity usage can help you identify plans that offer the strongest savings opportunities.

Below are a few popular, well-trusted Santa Fe electricity plans to consider:

Best overall: Rhythm Max Saver 12

Rhythm Max Saver 12 is a strong option for many Santa Fe residents. The plan offers a $125 bill credit each month when usage reaches 1,000 kWh or more, creating an opportunity for significant savings. For households that regularly use around 1,000 kWh or more, the credit can help lower overall electricity costs and deliver a competitive effective rate. Rhythm’s renewable energy offerings and customer-friendly experience further enhance the plan’s appeal for many shoppers.

Best for high usage: Frontier Saver Deluxe 12

Frontier Saver Deluxe 12 may be a good fit for higher-usage households. The plan offers a $100 usage credit when you use at least 1,500 kWh in a billing cycle. While some high-usage plans require 2,000 kWh or more to earn the bill credit, many higher-usage residents do not consistently meet that threshold every month. A 1,500 kWh requirement may provide a more realistic opportunity to qualify for savings.

Best for low usage: APG&E Simple Choice 12

APG&E Simple Choice 12 is a solid choice for customers with lower or less predictable electricity usage. Many low-usage residents see the most month-to-month variation in their electricity use, which can make bill-credit plans risky. Because this plan does not rely on usage minimums or bill credits, your bill is less likely to jump simply because you missed a specific usage threshold.

The best electricity plan for you will depend on your preferred contract length, typical monthly kWh usage and whether you can consistently qualify for any bill credits. We recommend using our rate finder tool to compare plans and match with the best option for your home.

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Compare today’s Santa Fe electricity rates

Plan NameTerm LengthRate per kWh
APG&E - SimpleSaver 12 12 months7.0¢ / kWh
4Change Energy - Maxx Saver Value 1212 months7.1¢ / kWh
Gexa Energy - Gexa Eco Saver Plus 1212 months7.1¢ / kWh
Express Energy - Flash Value 1212 months7.1¢ / kWh
Frontier Utilities - Frontier Saver Plus 1212 months7.1¢ / kWh
Cirro - Bill Bonus 2424 months7.3¢ / kWh
Discount Power - Bill Credit Bundle 2424 months7.3¢ / kWh
Rhythm Energy - Rhythm Max Saver 1212 months7.4¢ / kWh
Octopus Energy - Octopus Lite 1212 months8.8¢ / kWh
TXU Energy - Smart 1000 Saver 1212 months9.9¢ / kWh
Reliant - Reliant Power Savings 12 plan12 months11.9¢ / kWh
Constellation - 12 Month Usage Bill Credit12 months11.9¢ / kWh
Veteran Energy - Valor 1212 months12.7¢ / kWh
Atlantex Power - Luminous 1212 months13.8¢ / kWh
TriEagle Energy - Real Deal 2424 months13.9¢ / kWh
Direct Energy - Live Brighter Lite 1212 months14.5¢ / kWh
Green Mountain - Pollution Free Conserve 12 Preferred12 months16.9¢ / kWh
Payless Power - 12 MONTH - PREPAID12 months19.0¢ / kWh

Please note: All rates above are accurate as of 7/03/2026, 12:22:42 AM 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

Most electricity rates in Santa Fe range from 7.0–22¢/kWh.

The electricity rate you’ll pay in Santa Fe depends on how much electricity you use, as most plans have a tiered pricing structure. Explore Santa Fe’s average price per kWh for each usage level on our marketplace:

  • At the 500 kWh level, the average rate in Santa Fe is 19.6 cents per kWh.
  • At the 1,000 kWh level, the average rate in Santa Fe is 11.4 cents per kWh.
  • At the 2,000 kWh level, the average rate in Santa Fe is 14.6 cents per kWh.

Electricity rates can also vary based on factors like local taxes and utility delivery fees, which vary based on where you live. Even if you have the same plan as someone else nearby, you might pay a different rate because of these fees.

Compare the best power companies and rates in Santa Fe by entering your ZIP code on our independent marketplace. You can shop energy rates specific to your area online or call our experts to shop over the phone and sign up for a competitive summer energy plan in minutes.

Explore our best energy providers

Some of the most popular energy providers on our marketplace include TXU Energy, Gexa Energy, and 4Change Energy. 

Having as many energy options as you do in a deregulated market can feel overwhelming. To help, we’ve put together a thorough rating system to help simplify your shopping experience. We evaluate providers by their customer service, online accessibility, and plan options, considering factors like what real customers say on Google and Trustpilot, how easy it is to manage your account and pay bills, and more.

We’ve highlighted key details about each provider on our marketplace. Learn more about what they have to offer.

Provider

Which company is best for me?

Our rating

Our top-recommended plan

TXU Energy Best overall 5/5 Smart Edge
4Change Energy Best for local community involvement 5/5 Maxx Saver Value
Express Energy Best for attentive customer service 5/5 Flash Value
Veteran Energy Best for mission-driven energy 5/5 Valor
Gexa Energy Best for affordable green electricity 5/5 Eco Saver Plus
TriEagle Energy Best for transparent, fixed rates 4.9/5 Real Deal
Frontier Utilities Best for online accessibility 4.8/5 Frontier Saver Plus
APG&E Energy Best for customers on a tight budget 4.8/5 SimpleSaver

Other top Texas energy providers on our marketplace include:

Shop these and numerous other energy providers by entering your ZIP code on our marketplace today.

The current lowest electricity rate available in Santa Fe is 7.0 cents per kWh from APG&E.

CenterPoint Energy is Santa Fe’s utility

While you can choose your electricity provider in a deregulated market, your utility company is determined by your address and cannot be changed. Utilities deliver electricity, maintain power lines, and restore service during power outages. The utility company for Pasadena is CenterPoint Energy. In the event of a power outage or electrical emergency, call your utility company, not your provider. Here’s how to contact CenterPoint Energy:

CenterPoint Energy charges a transmission and distribution utility (TDU) fee for delivering electricity, which is standard for all Texas utility companies. Your utility delivery charges are twofold: a monthly base charge and a usage charge per kilowatt-hour (kWh). CenterPoint Energy’s charges are $4.90/month and 4.9993 ¢/kWh.

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.

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. Choose Texas Power offers two options for setting up electricity for your business: give us a call to speak with a dedicated business energy consultant or visit PowerHQ.com to browse multiple commercial energy plans.

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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.

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