You have the power to choose your electricity plan and energy rate in the Texas deregulated energy market. But who are the cheapest energy suppliers? How do you avoid gimmicky plans that cause bill surprises? And how do you accurately compare rates to find the best plan for your home?
We’ll answer these questions to help you compare rates so you can save money and avoid unwanted surprises on your electricity bill.
Most Trusted Electricity Companies in Texas
Are you asking, “What’s a good electric company in Texas?” Below are the top light companies in Texas. With low rates and vetted plans, they’re a great place to start your rates comparison journey.
Provider | Toll Free Number | Year Founded | Reviews |
---|---|---|---|
4Change Energy | 888-366-7291 | 2001 | 4Change Reviews |
Frontier Utilities | 855-782-8379 | 2018 | Frontier Reviews |
Gexa Energy | 855-639-8212 | 2002 | Gexa Reviews |
Green Mountain | 844-724-3211 | 1997 | Green Mt. Reviews |
Pulse Power | 888-853-4219 | 2018 | Pulse Reviews |
Reliant Energy | 866-735-1218 | 2000 | Reliant Reviews |
TriEagle Energy | 888-380-4813 | 2002 | TriEagle Reviews |
TXU Energy | 800-818-6132 | 2002 | TXU Reviews |
Veteran Energy | 888-367-7470 | 2018 | Veteran Reviews |
Wondering who has the lowest electricity rate in Texas? You can find low rates from companies like 4Change Energy and TXU Energy. For the lowest rates on clean energy, consider Gexa Energy with their bill credit plans.
Meanwhile, brands like Direct Energy have some of the higher rates and aren’t included on our list of the most trusted providers. To find the most affordable providers, enter your zip code below.
Types of Texas Energy Plans
In Texas, you can choose an electricity provider and plan based on your kilowatt hour (kWh) usage. Knowing the different plan types will help you understand and compare Texas energy rates. While some plans have easy-to-understand low prices, some feature bill credit programs for specific kWh usage levels.
To learn more, check out the most common Texas plans:
Fixed-Rate Plans
These price-protected plans let you lock in a low rate for the contract period, often 6, 12, 24, or 36-month terms. These plans help you save money when rates increase, providing more consistent electricity bills.
Plans with fixed rates have Early Termination Fees (ETFs) if you cancel before the contract ends, and you can’t switch to a plan with a lower rate if market pricing declines without paying an ETF.
Variable-Rate Plans
Also called flex plans, their rates fluctuate based on the commodity cost of electricity. How much you pay will vary, and in warmer months you’ll likely be subject to price hikes.
Prepaid Plans
With a prepaid plan, you pay in advance for the energy you use. There’s no deposit required, no credit check, and no long-term contract.
Time-of-Use Plans
Time-of-use plans are the “free” electricity plans you’ve seen advertised, promising free nights and weekends. You’ll receive free electricity during late nights and early mornings, or on weekends, and pay higher rates during peak demand hours.
Renewable Energy Plans
Texans can also get a variety of renewable energy plans, also referred to as green energy. Most commonly, these plans offer electricity powered by wind or solar energy.
Keep in mind, when exploring any of the above plans with bill credit programs or bundles, it’s critical that you review the Electricity Facts Label (EFL). While many of these plans include low electricity prices, some of them are gimmick plans that can lead to bill surprises.
How Can I Compare Electricity Rates in Texas?
Now that you’re familiar with the best energy suppliers and the most common plan types, let’s talk about how to compare electric rates in Texas.
We offer several easy ways to compare energy plans. No matter which you choose, you can trust that the info we show you is objective and unbiased because we never sell preferential treatment to Retail Energy Providers (REPs).
The first way to compare rates is:
- Enter your zip code below or on our homepage.
- Review energy plans.
- Filter your search by brand, term length, plan type, and more.
- You’ll find the lowest rates, all vetted to help you avoid bill surprises.
- Enroll in the plan that’s the best match for your home’s usage.
- Relax, you’ve switched, as easy as that.
The second way to compare rates is by calling the provider phone numbers on our homepage to speak with their expert operators.
Finally, you can compare Texas energy rates on our rate comparison table below. With this table, you can explore the best Texas energy rates from popular companies, like Reliant Energy, Gexa Energy, TXU, and more.
Compare Energy Rates in Texas
9 Gexa Energy Vetted Guaranteed Plans
Plan Name | Plan Length | Rate |
---|---|---|
Gexa Eco Saver Plus 12 | 12 Months | 11.4 ¢/kWh |
Gexa Eco Saver Plus 24 | 24 Months | 11.4 ¢/kWh |
Gexa EV 24 | 24 Months | 14.8 ¢/kWh |
Gexa Saver Freedom 36 | 36 Months | 17.1 ¢/kWh |
Gexa Energy Saver 24 | 24 Months | 17.9 ¢/kWh |
Gexa Eco Saver Lite 12 | 12 Months | 19.5 ¢/kWh |
Gexa Eco Saver Advantage 12 | 12 Months | 19.7 ¢/kWh |
Gexa Eco Saver Premier 12 | 12 Months | 20.5 ¢/kWh |
Gexa Eco Saver Premier 24 | 24 Months | 20.5 ¢/kWh |
- *Rates as of 05/07/2024 at 10:23 PM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.
8 4Change Energy Plans & Rates
Plan Name | Plan Length | Rate |
---|---|---|
4Change - Maxx Saver Select 12 | 12 Months | 11.4 ¢/kWh |
4Change - Maxx Saver Select 24 | 24 Months | 11.4 ¢/kWh |
4Change - Charitable Saver 12 | 12 Months | 13.2 ¢/kWh |
4Change - Cash Money 12 | 12 Months | 14.9 ¢/kWh |
4Change - One Rate 24 | 24 Months | 16.4 ¢/kWh |
4Change - One Rate 12 | 12 Months | 17 ¢/kWh |
4Change - Power Maxx Saver 12 | 12 Months | 18.3 ¢/kWh |
4Change - Power Maxx Saver 24 | 24 Months | 18.3 ¢/kWh |
- *Rates as of 05/07/2024 at 10:23 PM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.
8 Frontier Energy Plans & Rates
Plan Name | Plan Length | Rate |
---|---|---|
Frontier - Frontier Saver Plus 12 | 12 Months | 11.4 ¢/kWh |
Frontier - Frontier Saver Plus 24 | 24 Months | 11.4 ¢/kWh |
Frontier - Smart Budget 24 | 24 Months | 15.8 ¢/kWh |
Frontier - Smart Budget 36 | 36 Months | 15.8 ¢/kWh |
Frontier - Smart Budget 12 | 12 Months | 16.1 ¢/kWh |
Frontier - Frontier Saver Value 12 | 12 Months | 19.4 ¢/kWh |
Frontier - Frontier Saver Premier 12 | 12 Months | 20.5 ¢/kWh |
Frontier - Frontier Saver Premier 24 | 24 Months | 20.5 ¢/kWh |
- *Rates as of 05/07/2024 at 10:23 PM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.
6 Reliant Energy Trusted Plans & Rates
Plan Name | Plan Length | Rate |
---|---|---|
Reliant - Conservation 24 | 24 Months | 15.5 ¢/kWh |
Reliant - Basic Power 24 | 24 Months | 15.8 ¢/kWh |
Reliant - Conservation 12 | 12 Months | 15.9 ¢/kWh |
Reliant - Basic Power 12 | 12 Months | 16.2 ¢/kWh |
Reliant - Truly Free Weekends 100% Solar 12 | 12 Months | 17.8 ¢/kWh |
Reliant - Truly Free Nights 100% Solar 12 | 12 Months | 18.2 ¢/kWh |
- *Rates as of 05/07/2024 at 10:23 PM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.
Learn more about what impacts rates in Texas.
Wondering about the average Texas electricity rates? You’ll find that prices in Texas’ deregulated energy market are quite reasonable. The average price of electricity in Texas for residential customers is over 14 cents per kWh, which is below the national average of 16.19 cents per kWh, according to the U.S. Energy Information Administration.
At 8.76 cents per kWh, commercial electricity in Texas is lower than the national commercial average of 12.60 cents per kWh.
How do I find the right plan for me with the best electricity rate?
To find the plan at the lowest cost for you, know your home’s energy usage. Start by finding your home’s historic usage levels at Smart Meter Texas. Pro tip: look at your home’s usage for an entire year to account for seasonal changes.
Many companies offer their lowest pricing for specific kWh ranges. The most budget-friendly electricity plan is one that corresponds with your home’s kWh consumption. If you get locked into a plan that doesn’t fit your usage, you could unnecessarily pay hundreds or thousands of dollars more for electricity per year.
Other factors to consider when choosing your plan based on rates:
- Contract length: If you choose a longer contract, you can lock in today’s rate to protect you from price increases for up to three years.
- Location: Your local utility will determine the Transmission and Distribution Utility (TDU) fees you pay, which can affect your monthly electricity bill.
- Electricity Facts Label: All Texas plans have an Electricity Facts Label (EFL). Review it to learn essential information to choose the correct plan for your home. It will include rates associated with monthly usage levels, contract lengths, fees, and green energy percentages.
Reviewing the EFL can also help you spot gimmick plans that cause shocking monthly bills if you don’t fall within a certain electricity usage level or you use power outside of a set time range.
It’s also a good idea to consider energy provider reviews, as well as their customer complaints with the Public Utility Commission.
Found a Better Energy Rate? Switch Electricity Providers
If you’re unhappy with your current electric plan and you’ve found a lower rate in Texas, it’s easy to switch thanks to deregulation. Here’s how to switch:
- Know when your current plan ends. With a fixed plan, you may have to pay an ETF if you cancel before your contract ends, unless you’re within 14 days of the term end date.
- Compare providers. When switching, browse the top electricity retailers and choose the plan that meets your budget and energy usage needs.
- Enroll in a new plan. Once you’ve chosen a plan, make sure you understand the terms on the EFL, then enroll with the new provider.
- Schedule the switch with the new company. They’ll handle switching from your old supplier, so there’s no disruption to your electric service.
And that’s how we make comparing rates in the Texas marketplace easy. At Home Energy Club, we aim to create a trusted shopping experience that protects you from electricity bill surprises by vetting each energy plan. To cut your electric bill with the best rates, enter your zip code on the site to view plans in your area.