Texas Electricity Rates – Best and Cheapest Compared

You are looking for the best electricity company with the cheapest electricity rates in Texas for your zip code, but want to make sure the energy plan you select is legitimate and trustworthy. You don’t want an ugly bill surprise.

Our free electricity comparison service vets each energy plan from the best energy companies, and we exclude Texas electricity rates which are filled with gimmicks and likely to cause a bill surprise.

Make side-by-side comparisons of electricity rates from the most trusted electric companies in Texas in the chart below. You’ll find that many plans have rates that are cheaper than the regular rates on energy provider sites.

Texas Electricity Rates Comparison

{total} Reliant Energy Plans & Rates

Plan NamePlan LengthRate
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

Speak with a Reliant Energy operator for expert help in choosing a plan that fits your home at 833-339-0416.

Call Reliant (833-339-0416)


{total} Payless Power No Deposit Plans and Rates

Plan NamePlan LengthRate
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

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

Call Payless (833-926-9776)

{total} Pulse Power Plans & Rates

Plan NamePlan LengthRate
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

Speak with Pulse Power directly about their straightforward plans at 888-853-4219.

Call Pulse (888-853-4219)

{total} Gexa Energy & Rates

Plan NamePlan LengthRate
  • These rates are for Oncor service areas.
  • Pricing shown is based on an exact usage of 1000 kWh.

Speak with Gexa about their cheap energy plans at 855-639-8212.

Call Gexa (855-639-8212)


 

The above are live rates for Oncor zone. Enter your zip code to confirm rates for your area.

 

Compare Texas electricity plans vetted to prevent billing surprises

 

Now that you’ve seen some of our vetted plans on the best electricity rate chart in Texas, here’s some pro tips to help you stay away from sources that offer plans filled with gimmick electricity plans, and also to help you understand the pros and cons of promotional plans, such as those offering free electricity, bill credits and prepaid electricity.

Who has the lowest electric rates in Texas?

Various factors can influence the rates that electricity providers charge during any given period. You may find that your favorite provider has low energy rates one month and high rates the next due to their buying patterns of the energy commodity. Thus, it’s smart to shop for competitive energy rates using an energy comparison site like Home Energy Club that includes quality brands, and offers you only vetted energy plans that are not likely to cause a billing surprise. Also, check our Texas cities electricity page and Texas electric company reviews page.

A well-managed comparison site will display brands that are well established and financially stable, have professional billing systems, offer operators to assist you when needed, and enjoy a reputation for ethical business practices.

If you are surfing the web to compare energy plans, keep in mind these recommendations:

Avoid “gimmick” rates:

Providers of all sizes offer rate plans with enticing names that appear to offer a low rate, but the EFLs of such plans sometimes reveal they will actually cost more than the market average because they’re not a fit for your home’s energy usage. Also, beware of state government sites, such as Power to Choose Texas website, that display provider plans filled with tricky gimmick rates. To save time, you can find discount provider offers that have been professionally vetted on HomeEnergyClub.com.

Use an energy promo code:

Home Energy Club uses its bargaining power to gain deep discount rates from providers to help you cut your bill. See our electricity promo code page with exclusive discount codes (also called referral codes), which provide an off-the-top discount on the provider’s regular prices to deliver your cheaper rates. Also, EnergyPromoCodes.com gives free promo codes to its followers to access discount rates from providers.

Sample of Exclusive Promo CodesGexa Energy offers deep discount green energy plans that are lower than many fossil plans using our promo code GEXATX, and TriEagle Energy has some of the lowest green rates using the promo code BRIGHT. Also, try Lone Star Energy’s promo code SPECIAL.

Compare Texas electricity plans vetted to prevent billing surprises

What is your monthly energy usage?

Your home’s monthly usage amount can have a huge effect on which energy plan is best for you.  If your monthly usage is stable throughout the year, you might benefit from a tiered rate or bill credit that assigns a specific rate for a range of kWh usage (for example, the rate may be very low as long as you stay between 1000 and 2000 kWh in a month).

Tiered plans can provide meaningful savings as long as your usage stays within a certain range, but if your usage falls outside of the range, the rate can be expensive. Since most homes in Texas have a big swing between summer and winter usage, it’s important to consider your monthly usage amounts for each season when enrolling in a tiered plan.

You can conveniently review your monthly usage on the Smart Meter Texas website, rather than review months or years of paper bills to understand your usage patterns.

What type of plan do you prefer?

The most common energy plan in Texas is a 12-month fixed rate, giving the customer a fixed (locked) energy rate for one year. However, longer term plans are becoming more and more popular because they allow customers to lock in today’s relatively low electricity rates for 2, 3, and 5-year terms.

With long-term plans, you don’t have to worry about price increases for years.  Month-to-month plans are sometimes available, but these plans are often more expensive following an initial period of several months, and can cause significant bill surprises during the summer months when energy usage his high. Providers offering so-called wholesale “real time” pricing, such as Griddy, have received much criticism due to bill surprises experienced by customers during the summer months.

Some providers advertise plans with free energy for overnight hours or weekends, and these plans can cut your bill if you have special usage patterns, but these plans can result in high average rates due to expensive pricing for non-free hours to offset the free periods.

For most homeowners, a one-year or longer plan with a simple no-gimmick rate is the easiest and surest way to save money on electricity without billing surprises. See our handy Texas Electricity Savvy Shopper Guide for more helpful info.

Compare Texas electricity plans vetted to prevent billing surprises

Do you want to buy energy from non-polluting renewable sources?

Looking for renewable energy plans at discount rates that are often lower than fossil-sourced plans? You’ll be surprised at the CO2 facts in relation to regular fossil-sourced energy plans.

Green energy plans give customers an option to buy 100% renewable-sourced energy. While these “green” plans often have higher rates than traditional fossil-based plans, some reputable discount providers now offer renewable energy rates that are about the same or less than traditional fossil-based rates.

Always read the Electricity Fact Label (EFL):

Once you know what kind of plan is best for you, you can shop around for the REP that has the lowest rate for that type.  This is where the EFL comes in.  When comparing plans from different REPs, always use the information in the EFL to get an apples-to-apples comparison of the plans offered.

Sometimes a plan may look like a good deal until you read the EFL. The EFL is a government-mandated sheet that will show you a true pricing for your usage, but you must read the details to estimate your monthly bill, based on your usage patterns. See our Electricity Fact Label guide to help you understand how to use this important fact sheet.

Compare Texas electricity plans vetted to prevent billing surprises

Top-rated Electric Companies in Texas

ProviderToll Free Number    Year FoundedReviews
Amigo Energy888-528-26722002Amigo Reviews
Chariot Energy844-978-67972018Chariot Reviews
Cirro Energy833-392-97782001Cirro Reviews
Discount Power833-556-64912008Discount Reviews
Entrust Energy800-871-81002010Entrust Reviews
Gexa Energy855-639-82122002Gexa Reviews
Green Mountain833-339-04211997Green Mt. Reviews
Just Energy833-871-53171997Just Reviews
Pulse Power888-853-42192018Pulse Reviews
Reliant Energy833-339-04162000Reliant Reviews
TriEagle Energy888-380-48132002TriEagle Reviews
TXU Energy800-818-61322002TXU Reviews

 

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You should always read a plan’s EFL details to decide if it’s a fit for you, but our system does the tedious math to help you compare estimated costs. Of course, your future bill amounts will depend on your future usage.

You will find a widget on Home Energy Club which fetches your home’s energy usage data from Smart Meter Texas (SMT) and runs calculations of the rate structures of energy plans to help you conveniently estimate the cost of energy plans you are considering, based on your prior 12 months of energy usage as reported by SMT.

In one of the text panels of the widget, you will see an authorization button. By checking the permission box above the fields in which you enter your name and email address, and clicking on the authorization button, you are authorizing Smart Meter Texas to provide us with your location’s energy usage information so that our system can run cost calculations. It’s important to note that errors can occur when developing and running calculations, and the Company does not guarantee that its cost numbers are correct. You should always read the Electricity Facts Label (EFL) for each energy plan you are considering before enrolling, and make an independent decision on whether the plan is an appropriate fit for your home based on your own calculations and all the information disclosed by energy providers in the EFL.

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