Best Energy Companies for Apartments

Do you live in an apartment or condo in Texas that requires you to set up your own electricity? Not to worry. We’ve got an assortment of the cheapest energy plans from all the best electric companies for apartments.

Plus, you can enroll online in as little as five minutes.

And at Home Energy Club, you can compare electricity rates and companies for apartments to find the best plan for your energy usage needs.

Simply punch in your zip code below and filter plans by 500 kWH, the average usage level for apartments in Texas.

Compare trusted apartment electricity plans

You can also review the plans below. They’re offerings from some of the most trusted energy providers.

Click on the plan, enter your zip code, and review rates for 500 kWh to find the cheap apartment electricity plans.

Best Energy Companies for Apartments

If you’re looking for electricity rates from the best energy companies for apartments, look no further. We’ve got rates and plans from all the best power companies in Texas below.

0 Reliant Energy Plans & Rates

Plan NamePlan LengthRate
  • *Rates as of 07/15/2024 at 12:46 AM. Based on 1000 kWh. Enter your zip code above for rates in your area.

Speak with a Reliant Energy operator to choose the best plan for your apartment or condo at 833-339-0416.

Call Reliant (English/Spanish)

0 Green Mountain Energy Plan & Rates

Plan NamePlan LengthRate
  • *Rates as of 07/15/2024 at 12:46 AM. Based on 1000 kWh. Enter your zip code above for rates in your area.

Speak with a Green Mountain Energy operator about their popular “free electricity” plans at 833-339-0421.

Call Green Mt (English/Spanish) 

2 Payless Power No Deposit Plans and Rates

Plan NamePlan LengthRate
Payless Power - 12 Month - prepaid12 Months18.8 ¢/kWh
Payless Power - 6 Month - prepaid6 Months19.1 ¢/kWh
  • *Rates as of 07/15/2024 at 12:46 AM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.

Speak with Payless Power about their competitive “No Deposit” prepaid electricity plans at 833-926-9776.

Call Payless (English/Spanish)

8 Gexa Energy 60-Day Guarantee Plans & Rates

Plan NamePlan LengthRate
Gexa Eco Saver Plus 1212 Months11.6 ¢/kWh
Gexa Eco Saver Plus 2424 Months11.8 ¢/kWh
Gexa Saver Freedom 3636 Months18.7 ¢/kWh
Gexa Energy Saver 2424 Months19 ¢/kWh
Gexa Eco Saver Lite 1212 Months21.3 ¢/kWh
Gexa Eco Saver Advantage 1212 Months21.8 ¢/kWh
Gexa Eco Saver Premier 1212 Months22.3 ¢/kWh
Gexa Eco Saver Premier 2424 Months22.6 ¢/kWh
  • *Rates as of 07/15/2024 at 12:46 AM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.

Speak with Gexa about their cheap energy plans with a 60-Day “Happiness Guarantee” at 855-639-8212.

Call Gexa (English/Spanish)

*Sample of live rates based on Oncor zone. Enter your zip code for plans in your area.

Find the cheapest apartment plans

No-Worry Apartment Energy Shopping

When shopping for the best electric company for apartments in Houston, Dallas, or other Texas cities, remember: rates are often priced according to usage levels.

While some plans have far lower energy rates quoted for 500 kWh, others may have quite high rates for that usage level.

That makes it critical to choose the right plan for your home’s energy usage level.

On the plan panels, click on Plan Details to view the estimated monthly bill amount and other info. And be sure to review the Electricity Facts Label (EFL) for disclosures about any plan you’re considering.

Electricity for apartments shopping tips

Finding the right apartment electricity rate isn’t the only factor you need to consider when enrolling in a plan.

Some rates have strings attached that cause big surprises on your electric bill.

Our customers have told us they want to avoid problems like gimmick energy plans that offer low rates based on narrow ranges of monthly energy use. Rates skyrocket if you fall outside the range, which is easy to do with the big changes in Texas weather.

We help you avoid gimmick plans and bill surprises by vetting all plans displayed on our site.

Not only that, but in many cases, we also offer rates on our site that are cheaper than those you’ll find on the same provider’s website.

We do this by using our bargaining power with major brands to secure their best apartment electricity prices in Texas.

Want more quick tips on finding the best electricity rates for your apartment? Check out our Savvy Shopper’s Guide.

Know Your Apartment’s Usage

As we mentioned above, our site enables you to see the rates for various levels of usage on our home page and in Plan Details.

When trying to find cheap energy for apartments, it pays to know how much energy you typically use.

The easiest way is to check your Smart Meter Texas data. For help getting the most out of your advanced meter, check out our Smart Meter guide. You can also check your energy bills to see your historic kWh usage.

Because of Texas’ extreme and unpredictable weather, it’s a good idea to review your usage for an entire year.

This will give you the most accurate view of your apartment’s usage needs.

Green Energy Plans for Apartments

We know that protecting our environment is important. Fortunately, many Texas electric companies provide green energy plans for apartments.

Texas set renewable energy goals that the state has far surpassed. The state now produces more wind energy than most countries.

On our website, you’ll find many energy options that are 100% green energy sourced. Want to shop exclusively for green energy for your apartment? We’ve got plenty of 100% renewable energy plants from top providers. Simply filter your search to show only green energy.

This is one of the ways we address climate change, renewable energy, and organic lifestyles.

Get rates from electric companies for apartments

Apartment Term Lengths, Rates & Fees

We’ve already discussed kWh usage, price per usage level, and green energy. The other factor for apartment energy shopping is the term, or the contract length you agree to when you enroll in a plan.

In Texas, you can find a variety of term lengths for your apartment’s electricity. Be careful to pick the term length that matches your plans.

If you’re only in the apartment temporarily, there are month to month plans or 6-month plans.

But if you’re going to be there longer, most providers offer term lengths, from 12 months to 24 and 36 months. To review a wider range of plans for terms of under one year, it’s a good idea to call the electric company operators directly.

Pro tip: If you plan on being in your apartment or condo for an extended period of time, you may be able to lock in a lower rate with a longer term.

Apartment rate types and fees

Finding the right apartment electricity rate isn’t the only factor you need to consider when enrolling in a plan. The rate structure is also important.

Most providers offer fixed-rate plans that keep the rate the same for the term of the contract, but some offer variable rate plans that change from month to month.

We highly recommend fixed-rate plans over variable rate plans because they yield more predictable bills and are far less likely to cause a bill surprise.

It’s important to check the cancellation fee, or Early Termination Fee (ETF), you’ll owe if you end your contract before the term is over.

These fees vary widely, so be careful to check the Plan Details section of the plan you select on our site. Some are as cheap as $20 per month remaining in your contract, while others are as high as $395 or higher.

Note that most ETFs will be waived if you cancel because you’re moving.

This is one more way to avoid a big surprise on your electric bill!

When apartment energy shopping here, you can rest assured knowing that we only work with reputable, name-brand providers. Our goal is to save you money and keep you from receiving a big surprise on your apartment electricity bill.

And we vet plans to help you avoid bill surprises.

Plus, our company was born and bred in Texas. We live and work here, just like you, and we want to help you save on your apartment energy bills.

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On Home Energy Club, our cost calculator widget helps you to choose an energy plan by performing detailed calculations so you can quickly compare estimated plan costs based on your historic usage data and publicly-available data. Your actual future bill amounts will depend on your future energy usage, which cannot be precisely determined, so the accuracy of plan cost data cannot be guaranteed. You should always read the details of an energy plan’s Electricity Facts Label (EFL) to decide if it’s a fit for your home.

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