Waco electricity rates

In most cities in Texas, including Waco, the electricity market is deregulated. That means Waco electricity customers have the power to choose their own electric rates and providers to suit their energy needs. 

With Choose Texas Power, residents and businesses can easily shop plans and compare Waco electricity rates. Enter your ZIP code on our free marketplace to get started.

Power to choose Waco

Energy deregulation gives Waco residents and businesses the power to choose their electricity rates. Because these markets allow for competition, you can choose from countless plans and providers to find the best electricity company in Waco.

Waco electric companies

Thanks to energy deregulation in Texas, Waco residents can choose their own electricity provider from multiple competitive options. You can choose to receive the default service from your local electric utility or 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, and Constellation. 

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. In Waco, your utility is Oncor Electric Delivery. 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 Waco electric plans

If you’re looking for the best electricity company in Waco, it’s helpful to understand the different plan types you’ll encounter. 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 a fixed-rate plan is probably a good choice for you. With this type of electricity plan, you secure a steady rate for a set period, and your rate won’t increase (or decrease) for the length of your contract. However, you’ll have to pay a fee if you terminate your contract early.
• Variable-rate plan: With a variable-rate energy plan, you don’t lock in a set Waco electricity rate in your contract. Instead, your rate fluctuates with the market. It could increase in certain months and go down in others. The advantage is that you can change plans anytime without paying a fee.
• 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, but you can also choose a prepaid plan to skip the credit check altogether.

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 and delivery charges, the rate someone pays in another part of Texas might differ from what you pay in Waco. As a result, it’s important to get a quote for electricity rates in your area. 

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

Waco commercial energy

Not just residents can choose their own electricity companies in Waco. 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 customized quote, call the number on your screen or fill out our business energy form.

Green energy plans in Waco

Texas is a leader in green energy. The Lone Star State is one of the top in the nation for 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. If you’re looking to minimize your carbon footprint, check out plans from fully green Waco electricity providers like Green Mountain Energy and Gexa Energy.

Are you moving to Waco?

Located between Austin and Dallas-Fort Worth, Waco is a town of nearly 150,000 residents. It offers plenty of attractions locally and in the surrounding area. Plus, its deregulated energy market gives you a chance to save on your electricity bills. Use Choose Texas Power to compare electricity providers in Waco and find an energy plan for your new home.

Waco energy FAQs

Which provider has the cheapest electricity rates in Waco?

Waco electricity providers like 4Change Energy and Express Energy consistently offer some of the cheapest electricity in the area. Keep in mind that your rates depend on your energy usage and the type of plan you choose.

Where can I compare Waco electricity rates?

Choose Texas Power offers a one-stop shop where you can compare Waco electricity rates and switch plans in one simple process. Enter your ZIP code to exercise your power to choose in Waco.

What is the average electric bill in Waco?

Currently, the average Texas resident pays $155.35 per month for their electricity. Your typical bill in Waco will depend on your electricity rate, along with your home’s energy efficiency and your usage habits.

What is the best energy provider in Waco?

There are a number of great electricity companies in Waco, so it’s important to narrow down your priorities to find a provider that meets your needs. Do you prefer predictable fixed rates or the flexibility to change plans when you want? Do you want to minimize your carbon footprint? Would you like to avoid a credit check? Consider these questions to help you filter your search results and find the right match.