Waco Electricity Rates, Plans and Providers

Electricity Companies in Waco, Texas: Waco is part of the deregulated Texas energy market, and residents can choose their electric company. If you want low pricing, Home Energy Club lets you enroll in TrustPlan-vetted plans that reduce gimmicks and offer discounted rates.

Reviews of Electric Companies in Waco: Home Energy Club lists electric company reviews and testimonials for various electricity providers. Our guides can help you choose the right energy plan for your house.

You can find Waco power outage information and outage maps on our Oncor Electric page.

Waco Energy Plans & Rates

Energy Price Trends in Waco

Waco has a deregulated energy market, meaning that residents are able to choose from competing electricity providers in Texas instead of a single regional provider.

Deregulation encourages competitive pricing which allows residents to choose the best fit for their home and budgeting needs. You can compare the top Texas energy companies and plans on Home Energy Club to find the cheapest energy rate for your home.

Average Electricity Rates in Waco

The average residential energy rate in Texas is 14.19 ¢/kWh. The national average is 16.11 ¢/kWh, about 12% higher than the Texas average.

Oncor Electric’s Move-in, Move-out, and Transfer

Oncor Electric Delivery is the transmission and distribution utility (TDU) for the Waco area. While you can choose whichever electricity provider you prefer, Oncor Electric Delivery handles Waco power outages and delivers power to your property.

Learn more about rates, power outage information, and move-in instructions below.

Residential Electricity Service in Waco

If you plan to move to Waco, you can choose from various residential electricity services that serve your area, such as Cirro Energy, TXU Energy, and Reliant Energy.

To find a residential electricity service, turn to Home Energy Club to help you compare different rates in your area. Once you find a plan that aligns with your budget, you can request that Oncor Electric Delivery starts delivering electricity on your chosen start date.

Move-in, Move-out, and Transfer Service

If you plan to move into or out of Waco, you can ask your current electricity provider to stop your plan. If you have a long-term plan and you’re moving out of the area, you still have the option to cancel your service without an early termination fee.

If your electricity provider also serves your new city, you can transfer your service. Before transferring, use Home Energy Club to compare rates to ensure you receive the most affordable rate in your new zip code.

Switching Electricity Providers

You may instead wish to switch energy providers. In this case, your new electricity company will help you transition from your old contract to your new contract. However, if you’re switching plans for your current home before your contract end date expires, beware of early termination fees (called ETFs).

The Electricity Facts Label (EFL) associated with each plan discloses the fee you’ll pay if you cancel early. If you find a plan with a much lower rate than you’re paying now, you may come out ahead by paying the early termination fee and switching, but you’ll need to do the math first. If you wait until 14 days of your current contract expiration to switch, you can avoid the fee.

Also, you can usually enroll in a plan weeks or months before the start date to secure the plan at the advertised rate at that time.

For more helpful information on moving to Texas or switching providers see our Electricity Shopping Guide.

Waco Energy Companies

Home Energy Company collects reviews and customer satisfaction data on over 40 electricity companies servicing Waco from a combination of independent review sites, the State of Texas Public Utility Commission Complaints Stats, the Better Business Bureau and other sources. HEC combines third party information with its Home Energy Club/Amazon customer rating survey results to determine a rating for the energy providers listed in the first table below. The ratings can be found on the HEC electric company reviews page and Texas energy providers’ pages. You’ll find reviews, phone numbers and energy rate links for all providers in both tables.

Rates and Reviews for Electric Companies in Waco

Ratings and Reviews of Waco Electric Companies

To ensure you can thoroughly compare electric plans in Waco, Home Energy Club gathers reviews of various light companies that serve the state of Texas. We collect customer satisfaction data from independent review sites, the Better Business Bureau, and the State of Texas Public Utility Commission Complaints Stats.

To rate Texas energy companies, we use this information to calculate our Home Energy Club customer rating. Find these ratings on our reviews pages. To find the best electric company in your area, enter your zip code.

No-Deposit Electricity Plans in Waco

No-deposit electricity plans refer to prepaid energy plans that make electricity accessible to individuals without upfront deposits, credit checks or long-term contracts. Here are some prepaid plan facts:

• No deposit electricity plans are pay-as-you-go
• Rates may vary month to month
• They can usually be canceled any time with no termination fee
• They usually have high than average rates due to credit risks
• Prepaid plans on some sites have gimmicks that cause bill surprises

Deposit Waivers

Due to government regulations or the policies of individual electric providers, you may qualify for a deposit waiver if you are able to provide one of the following documents:

• Letter of Credit: have your most recent energy provider send a “letter of credit” confirming your last twelve consecutive months of payment history, with no more than one late payment.
• Low Income: request a letter to prove your low income status by a governmental entity.
• Military Veteran: provide a government-issued military ID for active duty and reservists.
• Age 65 or older: provide a state-issued ID card, U.S. driver’s license or passport.
• Medical Indigent: provide a letter from a government agency certifying that you are medically indigent.
• Victim of Family Violence: certification letter from the Texas Council on Family Violence or relevant government agency.

There are a few light companies specializing in no deposit prepaid energy plans who offer trustworthy plans at more affordable rates. You’ll find vetted prepaid plans from reputable electric companies such as Payless Power on Home Energy Club.

Waco Business Electricity Plans

Whether you run a small business or a big corporation, Home Energy Club can help you find an energy plan that meets all your needs. Our unique buyer’s club delivers discount commercial electricity rates for your business by leveraging our enormous bargaining power with the top electricity providers in Texas.

We only allow the most trusted providers to quote you. In addition to price, we take into account a range of factors before certifying a provider, from their history in servicing our clients, to their complaint statistics with the Public Service Commission, to their billing practices and the fairness of their terms of service. Getting you a low price with quality service is our specialty.

To request a rate quote, visit our Texas Business Electricity info page.

Waco Energy Power Outages, Map, and Phone Numbers

If you experience a power outage, use the following information to restore power in your area:

Waco Energy Power Outages

If you experience a power outage in Waco, contact Oncor Electric Delivery. You can call 888-313-4747, text OUT to 66267, or use the MyOncor app and select “Report an Outage.”

Below are the best immediate resources for you to determine the status of Oncor Electric Delivery outages and weather conditions in your area.

Waco Energy Outage Map and Outage Tracker

As Waco’s utility company, Oncor Electric Delivery handles power outages and the electrical maintenance of the city’s infrastructure. Oncor serves more than 10 million Texans, and its outage map gives Waco residents the ability to track power outages in the area. With the Oncor Electric Delivery outage map, you can:

• View a detailed map that highlights outages across Texas
• Report power outages in the Waco area, as well as surrounding cities
• Check the status of various power outages in the area
• Sign up for My Oncor Alerts to receive notifications about local power outages
• View the number of active outages, the number of affected customers, and the number of customers served

Other Utility Service Areas in Texas

Looking for low electricity rates in a different service area or local utility company than Oncor?

Click on your Texas Distribution Utility (TDU) below for more helpful power outage and area-specific rate information:

• Oncor: 888-313-4747
• AEP: 866-223-8508
• Centerpoint Energy: 800-332-7143
• Texas New Mexico Power (TNMP): 888-866-7456
• Sharyland Utilities: 800-545-4513

Local Waco Businesses That Can Help You Reduce Your Energy Bill

A/C service: The following Waco businesses offer air conditioning services:

• Danco Comfort Services: 254-230-4537
  
• Evergreen Heating & Cooling: 254-306-0787
• Polansky Heating & Air: 254-218-3321

Attic insulation: Discover some local attic insulation companies that can help you save energy in your home:

• Lopez Pro Insulation: 254-548-1166
• P&E Mechanical Contractors: 254-218-2665
• Think Home Insulation: 254-640-6370

LED light bulbs: Find Waco businesses where you can locate low-energy light bulbs:

• Circle Hardware & Lumber: 254-754-5658
  
• Keith Ace Hardware: 254-666-2520
• Target: 254-399-0067

Business Organizations in Waco

• Greater Waco Area Chamber of Commerce
  Address: 101 S. Third St., Waco, TX 76701
  Phone: 254-757-5600
• Better Business Bureau Serving the Heart of Texas
  Address: 306 W. Wall St., Suite 1350, Midland, TX 79701
  Phone: 844-477-1099

Electric Vehicle Charging Stations and Dealers in Waco

If you need to charge your electric vehicle, use Oncor Electric Delivery’s interactive map to locate a charging station near you.

Electric vehicles (EVs) often come with lower energy costs than conventional vehicles and can help you reduce emissions that negatively impact climate change. Although they’re generally more costly than traditional vehicles, they allow you to save on fuel and qualify you for federal tax credits. Overall, EVs are a greener alternative that leaves the planet with cleaner air.

If you’re interested in purchasing an electric vehicle, visit one of the following dealerships in and around Waco:

MFG & EV Model	Find Waco Dealer	Top Reviewed Dealership	Phone Number	Location
Tesla: Tesla Model 3	Locate	Tesla (Fort Worth Shops at Clearfork)	682-707-4951	5154 Monahans Ave., Fort Worth, TX 76109
BMW: BMW i3	Locate	Garlyn Shelton BMW of Temple	254-771-0128	6006 S. General Bruce Drive, Temple, TX 76502
Nissan: Nissan Leaf	Locate	Douglass Nissan of Waco	254-776-80-16	5605 Legend Lake Parkway, Waco, TX 76712
Chevrolet: Chevrolet Bolt	Locate	Autonation Chevrolet Waco	254-230-4750	1625 N. Valley Mills Drive, Waco, TX 76710
Ford: Ford Fusion	Locate	Bird-Kultgen Inc.	254-666-2473	1701 W. Loop 340, Waco, TX 76712

View Electricity Prices for Cities Near Waco

Looking for a cheap energy rate in another city? Find your city below and click to for area-specific electricity rate information or simply enter your zip code on this page.

Addison	Allen	Arlington
Carrollton	Coppell	Dallas
Fort Worth	Frisco	Grand Prairie
Grapevine	Irving	Lewisville
McKinney	Mesquite	Plano
Richardson	Rockwall

Helpful Articles for Energy Comparison

Below are more helpful guides to ensure you choose the right energy plan for your home in Waco.

• Electricity Shoppers Guide
• Smart Meter Guide
• 10 Ways to Cut Your Energy Bill