Compare Wichita Falls’s Best Electricity Companies and Plans
Find energy plans from top Wichita Falls electric companies

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Today’s Wichita Falls electricity rates

Gexa Energy - Gexa Eco Saver Plus 12 Plan 12 months $0.108 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.108 / kWh
Frontier Utilities - Frontier Saver Plus 24 Plan 24 months $0.108 / kWh
Express Energy - Flash 12 12 months $0.109 / kWh
Discount Power - Bill Credit Bundle 24 24 months $0.115 / kWh
Cirro - Simple Bill Credit 24 24 months $0.115 / kWh
Veteran Energy - Valor 12 12 months $0.128 / kWh
TriEagle Energy - Real Deal 36 36 months $0.137 / kWh
Reliant - Reliant Power Savings 24 plan 24 months $0.144 / kWh
Rhythm Energy - Clear Choice 12 12 months $0.153 / kWh
TXU Energy - Smart Edge 12 12 months $0.155 / kWh
Direct Energy - Live Brighter Lite 24 24 months $0.155 / kWh
Payless Power - 6 Month - prepaid 6 months $0.174 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.177 / kWh
BKV Energy - Lantana 12 12 months $0.178 / kWh

Please note: All rates above are accurate as of 10/22/2024, 2:27:22 PM CDT for ZIP Code 76301. 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 Wichita Falls

Competition was introduced to the energy market in Texas back in 2002 to encourage providers to offer affordable rates. Thanks to this deregulation, residents and business owners in Wichita Falls have the power to choose their electricity provider rather than receiving a default plan and rate from the local utility company. If you shop Wichita Falls electricity rates strategically, you can save big on your energy bills.

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

Average residential rate in Wichita Falls, Texas

In Wichita Falls, the average rate on the Choose Texas Power marketplace for 500 kWh in August 2024 was 20.16 cents per kilowatt hour (kWh), marking a 4.4% decrease from 2023. The rates for the 1,000 kWh and 2,000 kWh usage levels are 15.7 cents and 17.45 cents, respectively, which are 1.2% and 3.6% higher compared to the average rates in 2023.

Top Wichita Falls electricity companies

Thanks to energy deregulation, energy customers can choose their preferred electric company in Wichita Falls, TX. With so many electric companies in Wichita Falls, choosing your electricity plan or provider can be a daunting process to tackle on your own. The Choose Texas Power marketplace can help you compare your options and find the right fit. We can provide a curated list of the best electricity rates in Wichita Falls from trusted energy providers like Frontier Utilities, Reliant Energy, 4Change Energy, and TriEagle Energy.

Oncor Electric: Wichita Falls’ utility company

Unlike your Wichita Falls electricity provider, you don’t get to choose your utility company, which delivers power to your home and repairs power outages. Your location determines which company transfers power to your home or business.

The utility company in Wichita Falls is Oncor Electric Delivery. If your power goes out, you should reach out to Oncor — not your electricity provider — in one of the following ways:

  • Call 1-888-313-4747
  • Text OUT to 66267
  • Use Oncor’s online outage portal.

Types of Wichita Falls electric plans

When you’re searching for an electric company in Wichita Falls, you’ll come across several types of plans. The most popular varieties include fixed-rate, variable-rate, and no-deposit plans. Here’s how each type of plan works:

  • Fixed-rate plans: Your electricity rate will remain the same for the length of the fixed-rate agreement, which typically lasts 12 to 36 months. There’s usually an early termination fee (ETF) if you cancel your contract without moving out of the service area before it ends.
  • Variable-rate plans: Consider a variable-rate plan for a more flexible, month-to-month arrangement. Your electricity rate will fluctuate in line with the market price for electricity each month. These plans don’t have a contract or an ETF, but your energy costs can spike when demand is high.
  • No-deposit plans: Depending on the plan and your chosen electric company, you may need to pay an upfront deposit before beginning service. If you’d rather avoid this initial fee, look for a no-deposit electricity plan, such as a prepaid plan. Many of these plans allow you to pay for electricity in advance and top up your account when the balance runs low.

Understanding Wichita Falls electric rates

Several factors impact retail energy rates, including local utility transmission charges and taxes. Therefore, your Wichita Falls electricity rates will likely differ from your friend’s rate for the same plan in Houston or any other Texas city. Searching for electricity rates in your area will ensure you get the most accurate prices. Enter your ZIP code to find up-to-date plans and pricing from Wichita Falls electricity providers near you.

Wichita Falls commercial energy

Business owners can also shop for cheap electricity in Wichita Falls. The Choose Texas Power team will work with you to create a customized commercial energy plan. Fill out our commercial energy form or call the number on your screen to speak with one of our energy experts about commercial Wichita Falls electricity rates and tailor a plan to fit your business needs.

Green energy plans in Wichita Falls

Texas has invested in a wide range of renewable energy projects. The Lone Star State leads the nation in wind energy generation and ranks second for solar power. This investment in green energy ensures that Wichita Falls residents have plenty of options for sourcing green energy for their homes.

All electricity plans in Texas contain some green energy. You can find out exactly how much by consulting your plan’s Electricity Facts Label (EFL).

If you’re looking for a fully renewable plan, consider Wichita Falls electricity providers like Gexa Energy and Green Mountain Energy. These companies specialize in renewable power and sell exclusively 100% green plans.

Moving or switching providers in Wichita Falls

When you move to a new home in Wichita Falls, you may need to change electricity providers. Our marketplace makes it easy to compare electric rates in Wichita Falls and find the best plan for your new setup, no matter your situation.

Moving to a new address

Whether you’re a new resident of the city or simply moving to a new address within Wichita Falls, you can find the best electricity rates in your area on our marketplace. Be sure to inform your current company provider of your relocation ahead of time and see if they service your new area. If not, don’t worry, you won’t incur an ETF because of your move.

Switching energy providers

If you’re dissatisfied with your current electricity provider, or you just want to find a better rate, Choose Texas Power can help. Energy customers in Wichita Falls looking to switch energy providers can easily sign up for a new plan and sit back while the company sets up service. However, make sure to check your energy contract before canceling an existing plan to avoid any early termination fees.

Wichita Falls energy FAQs

Which provider has the cheapest electricity rates in Wichita Falls?

The lowest electricity rates in Wichita Falls are currently offered by Frontier Utilities, Gexa Energy, 4Change Energy, and Express Energy. However, Wichita Falls electricity rates change regularly, so you should enter your ZIP code to find the most up-to-date information.

What is the average electric bill in Wichita Falls?

The average electricity bill in Texas is $170.46, according to the latest Energy Information Administration (EIA) data. Your bill can fluctuate throughout the year due to factors like weather and electricity demand on the grid, which are closely related. Hot summers and cold winters tend to increase demand. During milder periods of weather, rates drop — making spring and fall the best time to shop for a new electricity rate.

How can I lower my electricity bill in Wichita Falls?

Try unplugging appliances when you’re not using them or turning your air conditioning up a degree or two to use less power. Alternatively, consider installing energy-efficient light bulbs and sealing windows and doors. Finally, you could switch to an electricity provider that offers cheaper electric rates in Wichita Falls.

What is the best energy provider in Wichita Falls?

The answer to this question depends on your priorities. Eco-conscious customers may prefer green energy specialists like Gexa Energy. Those who want prepaid energy solutions may opt for Payless Power. Every household or business has unique energy needs, making it important to shop around the market for the best electric company for you.

Is electricity cheaper at night in Texas?

Many electricity providers offer plans with different rates at night or on weekends. Look for special peak-time savings or varying time-of-use rates when shopping for a plan.

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