Cheapest Energy Plans in Texas with No Gimmicks

Written by Frank Eakin

As a Texas homeowner, you want to find trustworthy electric plans with cheap rates which don’t have gimmicks that cause bill surprises.

That’s why we select the best cheap energy plans to offer you from Texas power companies. And we use our TrustPlan process to eliminate the ones that have deceptive gimmicks.

Find actual cheap energy rates from top trusted Texas electric companies in the comparison tables below, and compare energy plans side by side. Many are discounted rates that are lower than the regular rates on energy provider sites.

Call the provider phone numbers under the rates for expert help or enter your zip code to compare affordable electricity plans in your area.

Cheap Energy Plans & Rates

9 Gexa Energy 60-Day Guarantee Plans & Rates

Plan NamePlan LengthRate
Gexa Eco Saver Plus 1212 Months11.5 ¢/kWh
Gexa Eco Saver Plus 2424 Months11.5 ¢/kWh
Gexa EV Saver 2424 Months14.9 ¢/kWh
Gexa Energy Saver 2424 Months16.5 ¢/kWh
Gexa Saver Freedom 3636 Months17.7 ¢/kWh
Gexa Eco Saver Lite 1212 Months19.2 ¢/kWh
Gexa Eco Saver Advantage 1212 Months19.6 ¢/kWh
Gexa Eco Saver Premium 1212 Months20.2 ¢/kWh
Gexa Eco Saver Premium 2424 Months20.2 ¢/kWh
  • *Rates as of 02/23/2024 at 08:44 PM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.

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

Call Gexa (855-639-8212)

8 Rates from 4Change Energy

Plan NamePlan LengthRate
4Change - Maxx Saver Select 1212 Months11.5 ¢/kWh
4Change - Maxx Saver Select 2424 Months11.5 ¢/kWh
4Change - Cash Money 1212 Months14.1 ¢/kWh
4Change - Charitable Saver 1212 Months14.2 ¢/kWh
4Change - One Rate 2424 Months15.7 ¢/kWh
4Change - One Rate 1212 Months16.3 ¢/kWh
4Change - Power Maxx Saver 1212 Months17.4 ¢/kWh
4Change - Power Maxx Saver 2424 Months18.1 ¢/kWh
  • *Rates as of 02/23/2024 at 08:44 PM. Based on 1000 kWh in Oncor zone. Enter your zip code above for rates in your area.

Speak with 4Change Energy about their trusted no-gimmick plans at 888-366-7291.

Call 4Change (888-366-7291)

2 Payless Power No Deposit Plans and Rates

Plan NamePlan LengthRate
Payless Power - 6 Month - Prepaid6 Months18.7 ¢/kWh
Payless Power - 12 Month - Prepaid12 Months19.3 ¢/kWh
  • *Rates as of 02/23/2024 at 08:44 PM. 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 plans at 833-926-9776.

Call Payless (833-926-9776)

Reviews of Texas Electric Companies

Year Founded
Reliant Energy
Reliant Reviews
Gexa Energy
Gexa Reviews
TriEagle Energy
TriEagle Reviews
Cirro Energy
Cirro Reviews
Pulse Power
Pulse Reviews
Green Mountain Energy
Green Mt. Reviews
Champion Energy
Champion Reviews
Just Energy
Just Reviews
Amigo Energy
Amigo Reviews
Discount Power
Discount Reviews
Chariot Energy
Chariot Reviews
Direct Energy
Direct Reviews
TXU Energy
TXU Reviews
Hello Energy
Hello Reviews
Constellation Energy
Constellation Reviews
Ambit Energy
Ambit Reviews
Stream Energy
Stream Reviews
Lone Star Energy
Lone Star Reviews


Now that you’ve seen our vetted cheap Texas electric plans and read the energy provider reviews, here’s some pro tips to help you understand the pros and cons of plans offering free electricity, bill credits and prepaid electricity.

Compare the Cheapest Electric Plans

Home Energy Club allows users to easily compare electricity rates from the top trusted Texas electricity providers. Simply input your zip code on the homepage to find affordable electricity in your area. You can also filter plan results by selecting for your preferences and needs, such as house size and kilowatt usage, term length, 100% renewable energy plans, and special discounted electricity rates.

To determine your average kilowatt usage, make sure to check your Smart Meter and read our Smart Meter guide for more helpful information. You may also wish to take a look at our Electricity Facts Label (EFL) guide, which walks through step-by-step how to read your Texas EFL and choose a no-gimmick energy plan.

Free Nights and Free Weekends

Plans offering free power for certain days and hours are very beneficial for some, such as homeowners who use less than a certain average kWh per day of power at specific times. However, the plans can be costly, resulting in paying up to double the amount of a regular plan, because you pay a higher rate for the energy used during non-free times.

These free nights energy plans are offered by many major light companies and can provide a legitimate way for you to cut your bill, but please read the EFL carefully before signing up to make sure any plan you consider is a good match with your usage patterns.

Some plans may also have high cancellation fees and long contract periods. To find the cheapest electric company, it’s best to also compare electricity rates.

By encouraging you to use energy during off-peak hours, these types of plans help Texas electric companies to manage power outages and maintain equal energy usage throughout the day. Prices and services are stabilized by normalizing usage and demand.

Speak with Reliant Energy to discuss some of the best “free energy” plans at 833-339-0416.

Call Reliant (833-339-0416)

Bill Credits

Some energy plans offer bill credits for a specific range of kWh usage during your billing cycle. Usually, rates for the usage range are very low, but staying within the range can be difficult due to the impact of extreme weather conditions in a given month.

If you’re under or over the target range, you won’t qualify for the bill credit and will end up paying a higher rate. However, if you stay within the target range, bill credits can help ensure affordable electricity.

To explore whether a bill credit plan is right for you, speak with Gexa Energy for some of the best bill credit deals at 855-639-8212.

Call Gexa (855-639-8212)

Prepaid Electricity

Pay-as-you-go prepaid energy plans in Texas are simpler than contract plans because you don’t have to worry about expensive deposits, lengthy approval processes, and annoying credit checks.

If you wish to find a cheap prepaid light company, Payless Power is considered the best electric company for prepaid energy plans. Enter your zip above to review Payless plans and rates on our home page, or speak with a Payless operator at 833-926-9776.

The most significant advantage is that you pay for energy according to usage, and you know what you’re spending every day. The disadvantage is maintaining a minimum account balance so that amount can be debited in accordance with energy usage. Another issue is the advance payment. For some, it can be difficult to come up with the money to get started before using the energy they’re paying for.

Call Payless (833-926-9776)

Power to Choose

The Power to Choose website, operated by the Public Utility Commission of Texas, was designed to help Texans choose the best energy plans for their home. However, energy providers on the site have been allowed to tempt you with low rate offers which only apply in very limited circumstances, thus causing billing surprises for large numbers of customers when they receive their bills.

The complicated terms of energy plans on the site confuse consumers who are trying to make informed choices, and many residents enroll in gimmick plans on the Power to Choose Texas site in the mistaken belief that the state has vetted the plans.

Compare vetted plans that cut bill surprises for your zip code

Energy Plans Frequently Asked Questions

What provider has the cheapest electricity rates in Texas?

The top energy providers with the lowest energy rates in Texas have discount plans vetted to reduce bill surprises right here. Currently, the top three energy companies with consistently low rates are:

Why is my Texas energy plan causing my bill to be so high?

The following are among the potential causes of bill surprises and high energy bills:

  1. Deceptive energy plans with gimmicks. These plans hook customers with what seem to be ultra-cheap rates, but result in shocking bill surprises. We vet each plan to help eliminate bill surprises caused by gimmicks.
  2. Your energy plan might not bet a good match for your home’s energy usage pattern. For example, if you live in an apartment, but choose a plan designed for large homes with usage of over 2,000 kWh per month, your pricing may be extremely high. Take a look at our Electricity Shoppers Guide for help in finding the best Texas electric plans for your home size.
  3. Expiration of your fixed-price plan. You signed up for a fixed-price plan, but the plan expired before you renewed or chose a different energy plan and/or provider. As a result, you were automatically enrolled in an expensive variable-rate plan.
  4. Your energy supplier increased their rates. On a variable rate plan as well as a “wholesale price” plan with floating rates, your energy rates can be increased by your provider at virtually any time.

Why should I know my energy usage when comparing cheap plans?

Knowing your home’s pattern of energy usage is the best way to equip yourself to choose the right energy plan. Knowledge of your energy usage:

  • Helps you find a plan which is designed to deliver the cheapest rate based on your home’s range of monthly energy usage
  • Is the key to finding your biggest bargain because the cheapest rates offered by many electric companies are based on specific ranges and/or times of use
  • Can help you avoid unnecessarily paying hundreds or thousands of dollars by getting locked into a plan that isn’t a match got your usage levels

What’s a fixed-rate energy plan versus a variable-rate plan?

Fixed-rate plans have locked-in rate per kWh for a set term length. Meanwhile, variable-rate energy plans have no set rate, which means your provider can hike up your cost per kWh at just about any time.

With price-protected rates, plans with fixed rates are your best bet for avoiding unwelcome bill surprises and locking in cheap rates.

Variable rate contracts have:

  • Energy rates that can change monthly as wholesale energy prices rise
  • Energy rates that skyrocket during periods of peak demand, such as summertime in Texas
  • Low front-end rates to entice consumers, which are often quickly followed by dramatic increases within a few months




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