Gatesville is one of the many cities in Texas that benefit from a deregulated energy market. This means that you, as a customer, have the power to choose the best Gatesville electricity company and rate, potentially lowering your monthly electric bills. Choosing the perfect plan can often be a complicated process, but we can help you compare energy plans and providers in Gatesville to find the best electricity costs for your home.
Today’s Gatesville Electricity Rates and Plans
Check out some of the best electricity rates in Gatesville below. These energy plans combine competitive prices with straightforward rate structures that yield predictable monthly energy costs.
You can find cheaper advertised prices, but note that the lowest advertised rate may not always result in low monthly bills, due to gimmicks and surprises such as bill credits or usage conditions. The energy plans outlined below are straightforward, 12-month plans with zero bill credits or other surprises.
Provider | Plan Name | Rate/kWh | % Renewable |
|---|---|---|---|
Frontier Utilities | Frontier Saver Plus 24 | 12.7¢ | 30% |
Gexa Energy | Gexa Eco Saver Plus 24 | 12.7¢ | 100% |
Veteran | Valor 24 | 15.3¢ | 100% |
Frontier Utilities | Frontier Budget Saver 12 | 17.6¢ | 30% |
Veteran | Valor 12 | 15.3¢ | 100% |
Frontier Utilities | Frontier Budget Saver 24 | 17.7 ¢ | 100% |
Gexa Energy | Gexa Eco Saver Plus 12 | 12.6¢ | 100% |
TXU Energy | Simple Rate 12 | 20.4¢ | 100% |
Payless Power | 12 Month - Prepaid | 20.3¢ | 26% |
Frontier Utilities | Frontier Saver Premier 12 | 21.8¢ | 30% |
The rates above are accurate as of 05/29/2025 at 01:00 AM for the ZIP code 77511. The rates are the same across all ZIP codes in the Texas-New Mexico Power service area. Rates shown are for 1,000 kWh usage.
Cheapest Electricity Rates in Gatesville
The table below is a good place to start if you’re looking for the cheapest electricity rates in Gatesville. However, before signing up for a plan advertising ultra-cheap rates, note that these offerings typically include bill credits.
Bill credit plans offer low rates through the use of a statement credit that applies when your home’s usage meets specific kilowatt-hour requirements, often 1,000 or 2,000 kWh. You may enjoy significant savings if your usage regularly meets these requirements. Fail to hit the needed usage level, however, and your effective energy rate will skyrocket, leading to bill surprises.
Before signing up for a plan advertising the cheapest low rates — or any energy plan — assess your energy usage to determine if it aligns with the plan’s rate structure.
Provider | Plan Name | Rate/kWh | % Renewable |
|---|---|---|---|
Frontier | Frontier Saver Plus 12 | 12.5¢ | 30% |
Express Energy | Flash 12 | 12.6¢ | 0% |
Express Energy | Flash 24 | 12.7 ¢ | 0% |
4Change | Maxx Saver Select 24 | 12.7¢ | 0.09% |
4Change | Maxx Saver Select 12 | 12.6¢ | 0.09% |
Frontier | Frontier Saver Plus 24 | 12.7¢ | 30% |
Gexa | Gexa Eco Saver Plus 24 | 12.7¢ | 100% |
Gexa | Gexa Eco Saver Plus 12 | 12.6¢ | 100% |
Discount Power | Bill Credit Bundle 24 | 13.7¢ | 24% |
Discount Power | Bill Credit Bundle 12 | 13.7¢ | 24% |
The rates above are accurate as of 05/29/2025 at 01:00 AM for the ZIP code 77511. The rates are the same across all ZIP codes in the Texas-New Mexico Power service area. Rates shown are for 1,000 kWh usage.
Average Residential Rates in Gatesville
Gatesville does not have one of the lowest average electricity rates in Texas. The average energy rate in Gatesville is 17.0 cents per kWh, according to our most recent rate data. That said, you can find energy plans with prices starting as low as 12.8 cents per kWh and ranging above 24 cents per kWh.
What Is a Good Energy Rate in Gatesville?
A good energy rate in Gatesville generally ranges from 15 to 18 cents per kWh, which is within a few cents of the city’s average energy rate.
Energy prices in this area tend to be slightly higher than the statewide average, which is 14.89 cents per kWh, according to February 2025 data from the U.S. Energy Information Administration (EIA). These higher prices are due in part to the fact that Gatesville sits in the Texas-New Mexico Power (TNMP) service area.
Keep in mind that the average electricity pricing in Gatesville keeps changing based on fluctuations in fuel costs, utility charges, and more. Some providers may also offer plans with unusually cheap rates, but we recommend reading the plan carefully and making sure there are no gimmicks that can lead to bill surprises.
Electricity Companies in Gatesville
Gatesville residents have dozens of retail energy providers (REP) to choose from. Each provider offers multiple energy plans, including fixed-rate, variable, prepaid, bill credit plans and more. Several of Gatesville’s electricity companies are highly rated and have notable experience in the sector.
In fact, some of the most popular providers in Texas operate in Gatesville. For instance, our February 2025 energy survey of 1,600 Texans showed that TXU Energy, Reliant Energy, Green Mountain Energy and Gexa Energy are some of the top companies in the state, and all four providers serve Gatesville electricity customers.
Top Energy Providers in Gatesville
Our detailed research shows that the best Gatesville electricity companies are Green Mountain Energy, Reliant Energy and TXU Energy. When analyzed using our elaborate methodology, all three companies mentioned above earned a strong rating of 4.9 out of 5 stars. That’s not all, our survey respondents also rated these Gatesville energy providers generously for their customer satisfaction level, with scores of 4.7 or more stars out of 5.
Check out other high-rated companies from our review in the table below.
Retail Energy Provider | Our Rating | Customer Satisfaction Score | BBB Rating |
|---|---|---|---|
4.9 | 4.7 | A+ | |
4.9 | 5 | A+ | |
4.9 | 4.8 | NR | |
4.8 | 4.6 | A+ | |
4.8 | 5 | A+ | |
4.7 | 4.8 | A+ | |
4.7 | 4.5 | NR | |
4.6 | 4.2 | C | |
4.6 | 4.5 | NR | |
4.5 | 4 | NR |
Which Utility Company serves Gatesville?
Gatesville falls under the service territory of Texas New Mexico Power (TNMP). TNMP is one of the six utility providers in Texas and serves 270,000 customers in multiple areas of Texas.
As a utility company, TNMP manages the local power grid in Gatesville. This includes repairing outages. When facing blackout conditions, contact TNMP for service or updates. While you can choose your retail electricity provider (REP) in Texas, you can’t choose your transmission and distribution utility (TDU).
REPs create and sell plans to customers, while utility companies handle the transmission, distribution, maintenance and upgrades of the grid infrastructure.
How To Choose an Electricity Plan in Gatesville
Choosing the right electricity plan is important to ensure low bills, but choosing the right contract length and rate structure is as important as securing a low energy rate. Check out our tips for choosing your Gatesville energy plan below.
- Assess your home’s usage: Review your old energy bills to see how much electricity your home uses. Review bills from a full year to account for seasonal variation in consumption. Then, make sure that the terms or conditions match your energy usage.
- Provider reliability: A low rate may not be worth it if the provider is unreliable, causing frequent billing errors or having unresponsive customer support. Read customer reviews of a provider before choosing an offered plan.
- Hidden rates: Keep an eye out for hidden rate additions or unreasonable conditions that may result in unexpectedly high bills.
- Be aware of cancellation charges: Most fixed-rate plans have contracts with cancellation charges, or early termination fees (ETFs). ETFs range from $99 to $395, depending on the plan length and contract. Some providers charge a flat fee, while others charge a fee per month left in your term. Check your contract for the precise ETF amount before cancelling your plan.
Plan Types Available in Gatesville
Based on your levels and patterns of electricity consumption, you can choose one of the following types of electricity plans:
- Fixed-rate plans
- Bill credit plans
- Time-of-use plans
- Green energy plans
- Variable-rate plans
- No-deposit plans
Our research indicates that fixed-rate plans provide the most predictable energy costs. However, your energy usage needs dictate which plan type is best for you. You may be able to enjoy savings if your usage closely aligns with one of the other plan types, such as a bill credit or time-of-use offering.
Meanwhile, if sustainability matters to your household, you can enjoy fixed rates and competitive prices with a green energy plan.
Determine your needs, then select the best energy plan type for your home.
What To Know About Electricity In Gatesville
As an electricity consumer, it is important to be aware of cancellation charges, types of plans, contract lengths, promotions, etc. Here is an overview of some of the main things you should know about your electricity in Gatesville.
Don’t Skip the Electricity Facts Label (EFL)
The EFL is a mandatory document that covers essential information such as cost breakdown, early termination fees, percentage of renewable energy and contact information. It also covers the average price across key usage levels: 500, 1,000 and 2,000 kWh. We strongly recommend carefully reading a plan’s EFL before signing up, which can help you identify any hidden costs or terms that aren’t suitable for you.
Free Nights and Weekends Energy Plans
Electricity plans with free usage during nights or weekends are essentially time-of-use plans, which offer low pricing during off-peak hours and high pricing during peak usage hours. In most cases, free nights and weekends plans are marketing gimmicks that don’t necessarily save you money. This is because the base energy rate of such plans is significantly higher than that of simple, fixed-rate plans.
However, this plan may suit you if most of your energy consumption happens at night due to EV charging or other reasons.
Green Energy Plans
As the name suggests, green energy plans offer electricity generated entirely or mostly using renewable sources. Some companies, like Gexa Energy or Green Mountain Energy, offer 100% renewable energy plans by default, while others may offer some green energy plans.
Commercial Electricity in Gatesville
Signing up for a commercial energy plan differs slightly from signing up for residential energy. For commercial purposes, group buying and other features make it possible to get a much lower electricity rate for your business. The average commercial energy rate in Texas is 8.64 cents per kWh, according to the most recent data from the EIA.
Switching Providers or Moving to Gatesville
Switching to a new provider is a simple process that includes browsing for new energy plans and providers and signing up with one. You can sign up for most new electricity plans online, and your existing plan will terminate automatically on the day of your new plan’s activation.
Usually, the best time to switch providers is during spring or fall, when the energy demand and average prices are lower. If you are moving to a city with energy deregulation, such as Gatesville, we recommend searching for a new electricity plan 30 days in advance. While many providers offer same-day energy, having extra time ensures that you can confidently compare providers and sign up with peace of mind knowing you’ll have lights when you move in.
Frequently Asked Questions About Gatesville Energy Rates
More than 140 light companies operate in Texas, and you can often find between 40 and 50 light companies in Gatesville. Due to the volatile nature of the Texas energy market, companies enter and exit the market fairly often.
Most Gatesville energy providers require you to pay a deposit. However, some companies also offer prepaid plans, which don’t require a deposit. One example is Payless Power, which offers prepaid plans in the majority of Texas. It offers fixed rates for predictable costs.
You can use a trusted platform such as Home Energy Club to search for cheap yet reliable electricity providers in Gatesville. Enter your ZIP code and compare providers based on your home’s energy usage needs. We suggest bypassing the lowest rates and securing an energy plan with fixed pricing for consistent costs based on usage, not fickle discounts.
In Gatesville and other deregulated cities in Texas, the respective utility company manages the power transmission and distribution infrastructure. Gatesville falls under the service territory of Texas New Mexico Power Company (TNMP), which maintains and upgrades the power lines, transformers, substations and other components of the grid in Gatesville.
How We Rate and Review Texas Electricity Companies
With dozens of providers and hundreds of plans available in the deregulated Texas market, choosing the right one can feel overwhelming. We created a comprehensive rating methodology to help you cut through the complexity and find the best electricity plan for your needs, whether you’re moving to Texas or looking to switch providers.
We’ve researched dozens of Texas electricity providers and scored them out of 5 stars based on results from our 2025 energy survey of 1,600 Texans, scoring providers on customer satisfaction, experience and retention. Here’s how these core factors weighed into our ratings:
- Customer satisfaction (30%)
- Customer retention (30%)
- Online experience (20%)
- Customer experience (20%)
