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 Name | Plan Length | Rate |
|---|---|---|
| Gexa Eco Saver Plus 12 | 12 Months | 10.7 ¢/kWh |
| Gexa Eco Saver Plus 24 | 24 Months | 10.7 ¢/kWh |
| Gexa EV 24 | 24 Months | 14.8 ¢/kWh |
| Gexa Energy Saver 24 | 24 Months | 16.9 ¢/kWh |
| Gexa Saver Freedom 36 | 36 Months | 17.1 ¢/kWh |
| Gexa Eco Saver Lite 12 | 12 Months | 19.5 ¢/kWh |
| Gexa Eco Saver Advantage 12 | 12 Months | 19.7 ¢/kWh |
| Gexa Eco Saver Premium 12 | 12 Months | 21.2 ¢/kWh |
| Gexa Eco Saver Premium 24 | 24 Months | 21.2 ¢/kWh |
- *Rates as of 04/27/2024 at 10:57 AM. 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.
8 Rates from 4Change Energy
| Plan Name | Plan Length | Rate |
|---|---|---|
| 4Change - Maxx Saver Select 12 | 12 Months | 10.7 ¢/kWh |
| 4Change - Maxx Saver Select 24 | 24 Months | 10.7 ¢/kWh |
| 4Change - Cash Money 12 | 12 Months | 14.1 ¢/kWh |
| 4Change - Charitable Saver 12 | 12 Months | 14.2 ¢/kWh |
| 4Change - One Rate 24 | 24 Months | 15.7 ¢/kWh |
| 4Change - One Rate 12 | 12 Months | 16.3 ¢/kWh |
| 4Change - Power Maxx Saver 12 | 12 Months | 17.2 ¢/kWh |
| 4Change - Power Maxx Saver 24 | 24 Months | 17.2 ¢/kWh |
- *Rates as of 04/27/2024 at 10:57 AM. 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.
2 Payless Power No Deposit Plans and Rates
| Plan Name | Plan Length | Rate |
|---|---|---|
| Payless Power - 12 Month - Prepaid | 12 Months | 17.2 ¢/kWh |
| Payless Power - 6 Month - Prepaid | 6 Months | 17.4 ¢/kWh |
- *Rates as of 04/27/2024 at 10:57 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 plans at 833-926-9776.
Reviews of Texas Electric Companies
Provider | Phone Number | Reviews | Energy Rates |
|---|---|---|---|
Amigo Energy | 888-469-2644 | Reviews | Rates |
Champion Energy | 844-856-9388 | Reviews | Rates |
Chariot Energy | 844-978-6797 | Reviews | Rates |
Cirro Energy | 866-858-2841 | Reviews | Rates |
Constellation Energy | 888-900-7052 | Reviews | Rates |
Direct Energy | 855-461-9824 | Reviews | Rates |
Discount Power | 866-485-4005 | Reviews | Rates |
Energy Texas | 855-461-1129 | Reviews | Rates |
Express Energy | 833-902-4230 | Reviews | Rates |
4Change Energy | 833-962-0262 | Reviews | Rates |
Flagship Power | 866-891-7839 | Reviews | Rates |
Frontier Utilities | 866-891-7745 | Reviews | Rates |
Gexa Energy | 855-918-0090 | Reviews | Rates |
Green Mountain Energy | 866-950-9564 | Reviews | Rates |
New Power Texas | 866-505-0115 | Reviews | Rates |
NRG | 713 537-3000 | Reviews | Rates |
Just Energy | 866-385-6065 | Reviews | Rates |
Payless Power | 866-702-5033 | Reviews | Rates |
Pulse Power | 888-856-1292 | Reviews | Rates |
Reliant Energy | 866-928-1998 | Reviews | Rates |
Rhythm Energy | 888-774-9846 | Reviews | Rates |
Tara Energy | 713-830-1019 | Reviews | Rates |
TriEagle Energy | 888-996-4602 | Reviews | Rates |
TXU Energy | 855-898-0060 | Reviews | Rates |
Veteran Energy | 888-367-7470 | Reviews | Rates |
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
Right here at Home Energy Club, you can 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 filter electricity plans by selecting 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 you step-by-step through how to read your Texas EFL and choose a no-gimmick energy plan.
Free Nights and Free Weekends
Time of use plans, or plans offering free power for certain days and hours are very beneficial for homeowners who use less than a certain average kWh at specific times of day. 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 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.
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.
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.
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. To shop full vetted electricity plans, simply enter your zip code below.
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:
- Gexa Energy (855-639-8212): very low rates, top name brand, 60-day guarantee
- Cirro Energy (855-463-9960): discount rate Reliant sister company, top-rated operator help
- 4Change Energy (888-366-7291): top quality Vistra-owned company with low rates
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:
- 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.
- 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.
- 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 or provider. As a result, you were automatically enrolled in an expensive variable-rate plan.
- 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 for 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 prices.
Variable rate contracts have:
- Energy rates that can change monthly as wholesale energy prices rise
- Energy rates that skyrocket during periods of peak demand, like summertime in Texas
- Low front-end rates to entice consumers, which are often quickly followed by dramatic increases
