Compare Waco electric rates 

Waco is a city in central Texas, located about halfway between Dallas and Austin. Waco’s population is about 139,000, though its metropolitan area is home to roughly twice as many.

Waco has a deregulated energy market, which means residents can choose their own electricity provider. To get started, just enter your ZIP code, and you’ll see a list of the plans available near you.

Waco electric companies

Thanks to energy deregulation in Texas, Waco residents can choose their own electricity provider from several candidates. You can choose to receive the default service from your local electric utility, or you can switch providers.

Waco residents have plenty of electricity providers to choose from. Some of the most popular companies in the market include TXU Energy, 4Change Energy, Direct Energy, TriEagle Energy, Constellation, and others. 

The local utility for Waco is Oncor Electric Delivery. The utility company is responsible for restoring power during an outage and maintaining power lines. If you experience a power outage, contact your utility, not your electricity provider. You can contact Oncor in the following ways:

• Call 888-313-6862 for customer service
• Call 888-313-4747 to report an outage
• Email contactcenter@oncor.com 

Types of plans

There are many types of electricity plans available to Waco residents:

• Fixed-rate plan: If you want the stability of paying the same electricity rate each month, then you probably want a fixed-rate plan. With this type of electricity plan, you lock in a particular rate in your contract. Your rate won’t increase (or decrease) for the length of your contract.
• Variable-rate plan: With a variable-rate energy plan, you don’t lock in a particular rate in your contract. Instead, your rate fluctuates with the market. It could increase in certain months and go way down in others. There’s no certainty with this type of plan.
• No-deposit plan: If you’d rather not pay a deposit for your electricity plan, you can opt for a no-deposit plan. Keep in mind that these aren’t available to everyone. Your deposit is often based on your credit score — those with poor credit pay a deposit while those with good credit don’t. But you can also choose a prepaid plan to skip the credit check altogether.
• Prepaid plan: A prepaid energy plan is a type of no-deposit plan that allows you to skip the credit check. You control your costs because you pay for your electricity upfront based on how much you plan to use. You aren’t locked into a contract, and you decide how much electricity to buy. 
• Green energy plan: All Texas electricity plans include some green energy, but you can also choose a plan that is powered 100 percent by renewable energy. These types of plans are becoming more popular as homeowners want to reduce their carbon footprint.

Waco electric rates in my area

The price you pay for electricity will depend on where you live and which utility services your area. Because of varying supply charges and delivery charges, the rate someone else pays in another part of Texas might be very different from what you pay in Waco. As a result, it’s important to get a quote specifically for your neighborhood. 

You can enter your ZIP code on the screen to see a list of the providers and rates available near you. From there, you can choose the best plan for your energy needs.

Waco commercial electricity rates

It’s not just individuals who can choose their own electricity providers in Texas. Businesses also enjoy the deregulated energy market and can reduce costs by switching electricity providers. To learn more about commercial electricity rates and get a quote, call the number on your screen or fill out the form.

Green energy plans in Waco

Texas is a leader in green energy. The state is one of the top in the nation for both wind and solar energy generation, meaning it’s easy for Waco residents to find green energy plans.

Every Texas electricity plan includes some green energy, but you can also choose an energy plan powered entirely by renewable energy. A few companies specialize in only offering green energy plans. 

These four providers only sell 100 percent green energy plans:

• Green Mountain Energy
• Gexa Energy
• Chariot Energy

Confused about deregulation?

It’s easy to navigate the deregulated energy market once you know the basics, but there’s plenty to learn when you’re just getting started. We’ve put together a list of resources to help you navigate the buying process:

• No-deposit electricity
• Understand your electricity bill
• Guide to choosing a provider
• How to switch providers
• The Current (our blog)

Ready to start shopping for your new energy plan in Waco? Enter your ZIP code on the screen to find a list of the plans available in your area.

Updated: 06/30/2021