Compare Texas Electricity Rates & Plans

Compare plans from trusted Texas electricity providers.

Current Texas Electricity Rates

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Power Texas marketplace rates across Texas, compared at 1,000 kWh and refreshed daily.

Today’s Texas Electricity Rates and Plans

These rates are compared at 1,000 kWh of monthly usage. A plan's effective rate can rise or fall at other usage levels depending on its structure, so review each plan's Electricity Facts Label and compare at your own usage level before enrolling.

Electricity PlanTermRate

Average Texas Electricity Bills by Usage

Your bill is the plan's effective rate multiplied by the kilowatt-hours (kWh) your home uses, so the same plan can cost very different amounts at different usage levels. Some plans add a bill credit or a minimum-usage fee that only applies above or below a set threshold, which can move the effective rate between 500, 1,000, and 2,000 kWh. The figures below are marketplace estimates that apply the benchmark rate to each usage level. Comparing plans near your own usage gives the most accurate picture of what you'll pay.

Home TypeTypical Monthly UsageAverage Monthly Bill
Apartment / small home500 kWh—
Medium home1,000 kWh—
Large home2,000 kWh—

Actual bills vary based on electricity usage, plan structure, TDU delivery charges, home efficiency, and weather.

Best Texas Electricity Plans by Plan Type

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All rates here are compared at 1,000 kWh — a shared benchmark, not a prediction of your bill. The advertised rate alone does not tell you what a plan will cost: check each plan’s Electricity Facts Label for the price at your own usage level and for any bill-credit threshold it depends on. Delivery charges from Oncor apply on top of every plan, whichever provider you choose.

Types of Texas Electricity Plans

What you pay depends on a plan's pricing structure, not only its advertised rate. Because many plans price electricity differently at 500, 1,000, and 2,000 kWh, the same plan can carry a very different effective rate depending on how much your home uses.

Fixed-rate plans — Best for predictable pricing

A fixed-rate plan keeps the same energy charge per kWh for the length of your contract, so your rate doesn't change with the market. Because that energy charge is the same at every usage level, a fixed-rate plan's effective rate stays relatively consistent whether you use 500 or 2,000 kWh. This suits shoppers who want predictable monthly bills and protection from seasonal price swings. Leaving before the term ends usually means paying an early termination fee.

Bill-credit plans — Best for consistent usage

Bill-credit plans provide a credit when your monthly electricity usage reaches a specific threshold, commonly 1,000 or 2,000 kWh. They can offer competitive prices when your usage consistently qualifies for the credit, but may cost more in months when it doesn't. Because the credit lowers the effective rate only at qualifying usage, check the plan's Electricity Facts Label to compare the price at 500, 1,000, and 2,000 kWh before enrolling.

Free nights and weekends plans — Best for flexible usage

These plans make electricity free or heavily discounted during set overnight or weekend hours, while power used at other times is billed at a higher rate. They can work well for households that can shift laundry, EV charging, and other heavy use into the free window. Here the effective rate depends on when you use electricity, not only how much, so if most of your use falls during peak hours the higher daytime rate can outweigh the savings.

Variable and month-to-month plans — Best for short-term flexibility

A variable plan has a rate that can change from month to month, usually with no long-term contract or early termination fee. That flexibility suits shoppers who are moving, between plans, or waiting to lock in a longer term, though the rate can rise with little notice.

No-deposit and prepaid plans — Best for avoiding a large upfront deposit

These plans let some customers start service without a traditional upfront deposit, though qualification varies and not every shopper is approved for no-deposit service. Prepaid electricity is one common path: you keep a positive account balance and pay for power as you use it, typically without a credit check. Both can lower the cost of getting connected, but a prepaid balance needs regular monitoring to avoid an interruption in service.

Renewable electricity plans — Best for renewable energy preferences

These plans match some or all of your usage with renewable energy or renewable energy certificates, rather than delivering renewable power directly to your home. They appeal to shoppers who want to support cleaner energy while still comparing plans on price and term. Renewable content varies by plan, so it's worth checking the details before enrolling.

How to Choose a Texas Electricity Plan

The lowest advertised rate is not always the lowest-cost plan for your household. Compare plans on total monthly cost at your own usage level, including the regulated delivery charges that apply in your utility territory, rather than on the headline rate alone.

1. Start with your monthly electricity usage

Review your electricity usage over the last 12 months when it's available. Note how many kWh your home uses in a typical month, then compare plans at that level, especially around the 500, 1,000, and 2,000 kWh benchmarks, because a plan's effective price can change significantly from one usage level to the next.

2. Compare the estimated monthly bill

Don't choose a plan based only on the advertised cents-per-kWh rate. Compare the estimated total bill at your typical usage so you can account for the energy charge, bill credits, base or monthly fees, and the regulated TDU delivery charges that apply in your utility territory. That total, or effective, price is what you actually pay.

3. Understand how the plan works

Check whether the plan is a straightforward fixed-rate plan, uses bill credits or usage tiers, offers free electricity during certain hours, or has another pricing structure. A plan that looks inexpensive at one usage level may cost more when your consumption changes.

4. Read the Electricity Facts Label

The Electricity Facts Label (EFL) shows the charges and terms behind the advertised price. Review the energy charge, TDU delivery charges, base or minimum-usage fees, bill credits, contract length, and early termination fee. The EFL lists the average price at 500, 1,000, and 2,000 kWh, so you can see how the rate changes with usage before you enroll.

5. Check the contract terms

Compare the contract length and early termination fee before choosing a plan. A longer contract can provide price stability, while a shorter term may give you more flexibility to shop again sooner.

Compare Texas Electricity Providers

Texas has dozens of retail electricity providers (REPs) competing for customers in deregulated areas, while your local utility delivers the power no matter which one you choose. Providers differ mainly in their plan structures, pricing, and renewable options, so compare them against how your household uses electricity. Below are some of the major companies serving Texas.

What They’re Known For
Large, well-known Texas retail provider with a wide range of residential plans.
Long-established Texas retail provider offering fixed-rate and bill-credit residential plans.
Retail provider known for 100% renewable plans and bill-credit options.
Retail provider focused on 100% renewable energy plans.
Texas electricity provider focused on competitively priced electricity plans.
Texas-focused electricity provider with a straightforward brand and shopping experience.
Established Texas electricity provider known for straightforward service.

Texas Utilities and Service Areas

In Texas, your retail electricity provider (REP) sells you an electricity plan, while your local transmission and distribution utility (TDU) delivers the power. Your TDU is set by your service address, not by choice: it owns the poles, wires, and meters in your area, maintains the local grid, and restores power during outages.

Your total rate combines the provider's energy charge with the TDU's regulated delivery charges, which vary by service territory. Because the TDU is fixed by location, it does not change when you switch electricity providers, though in deregulated areas you can still choose your REP.

Utility NameMajor Service Area
OncorDallas–Fort Worth and much of North Texas
CenterPoint EnergyGreater Houston
AEP Texas NorthAbilene and parts of West Texas
AEP Texas CentralCorpus Christi and South Texas
Texas-New Mexico PowerGulf Coast and select Texas communities
Lubbock Power & LightLubbock

Texas TDUs charge regulated delivery fees for carrying electricity across the poles and wires to homes and businesses. These charges are set by regulators, vary by service territory, and are the same no matter which retail provider you choose. They are included in the total rate you pay.

How Deregulated Electricity Works in Texas

Most Texans can choose their own retail electricity provider (REP) because much of the state operates in a deregulated electricity market. REPs compete on rates, contract terms, renewable options, and pricing structures. You choose the provider and plan, but not the utility that delivers your power.

That delivery utility, your TDU, is set by your address and does not change when you switch providers, and its regulated delivery charges apply no matter which REP you choose.

The Public Utility Commission of Texas (PUCT) regulates the state's competitive market, while ERCOT operates the power grid that serves most of the state.

Switching Electricity Providers or Moving to Texas

Changing providers at your current address and setting up service after a move both start the same way in Texas's deregulated market. You compare available plans and choose a retail provider for your address.

Switching Electricity Providers

You can switch providers without changing your utility or interrupting electricity delivery. Before switching, check your current contract for an early termination fee, then compare new plans at your typical monthly usage rather than on the advertised rate alone.

Moving to Texas

If you're moving, start with the ZIP code for your new address. This determines your utility service area and which electricity plans are available. You can then select a provider and schedule service for your move-in date.

Why Texans Use Power Texas

We make electricity shopping easier

Texas electricity plans can be difficult to compare. Power Texas brings rates, providers, plan details, and helpful information together so you can understand your options and choose an electricity plan with confidence.

Whether you want to shop on your own or have questions along the way, our goal is to make finding electricity simpler.

Our recommendations are independent

Power Texas may receive compensation from electricity providers when customers enroll through our marketplace. However, commissions, advertising relationships, and other commercial arrangements do not determine our editorial content or recommendations.

Our recommendations are based on our independent assessment of the Texas electricity market and the information we believe is most useful to consumers.

Texas Electricity FAQs

Advertised Texas rates, including the plans on this page, are quoted at 1,000 kWh of monthly usage, a standard comparison point. Your effective rate can be higher or lower at 500 or 2,000 kWh, so compare plans at the usage level closest to your own home.
Many plans include a bill credit or minimum-usage fee that applies only above or below a set threshold, so the same plan's effective rate can shift between 500, 1,000, and 2,000 kWh. Check the plan's Electricity Facts Label (EFL) to see the price at each usage level before you enroll.
Your retail electricity provider (REP) sells you the plan and bills you, while your transmission and distribution utility (TDU) delivers the power, maintains the poles and wires, and handles outages. You choose the REP in deregulated areas; the TDU is set by your service address.
Not everywhere. Much of Texas is deregulated, so most residents can choose a REP, but some areas served by municipal utilities or electric cooperatives are not. Your service address determines whether you can choose your provider.
TDU delivery charges are regulated fees for delivering electricity across your utility's poles and wires. They vary by service territory, are the same no matter which REP you pick, and are included in the total rate you pay.

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