Power to Choose: Texas Electricity Plans

The deregulated Texas energy market is here to put power back in the hands of residents. With Power To Choose, you can compare several offers from different electric companies to find the plan that fits your needs.

WattBuy’s unique online comparison tool goes a step farther than Power to Choose, leveraging a proprietary energy estimation model to help you find the best rates in your area at no cost to you! Whether you’re looking to lower your monthly bill or reduce your carbon footprint, we can give you several options based on your needs.

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Texas’s Electricity at a Glance

The majority of Texas electricity comes from natural resources, including natural gas, coal, and wind. With these natural resources fueling our power plants, providing energy at a fraction of the standard price is possible. In fact, Texas leads the nation in wind-powered generation and produced around 28% of all U.S. wind-powered energy in 2020.

The Public Utility Commission of Texas regulates the state’s electricity, as well as its sewer utilities, water, and telecommunication. The average residential electricity rate is 12.55 ¢/kWh, which is 8% lower than the national average.

While there are certainly exceptions, residents will often find municipal utilities in urban areas, while rural areas have access to electric cooperatives.

AEP Central Electricity Plans in Texas

Rates are based on an estimated usage of 1,150 kWh per month.Update usage.

Provider	Plan		Rate Per kWh	Plan Length
Chariot Energy	GridEdge 36 lowest depositcheapestcheapest renewablecheapest 13+ monthsmost popular See Details		13.65¢	36 months	Choose Plan
Chariot Energy	GridEdge 24 lowest deposit See Details		13.85¢	24 months	Choose Plan
Chariot Energy	GridEdge 18 lowest deposit See Details		14.65¢	18 months	Choose Plan
Chariot Energy	Free Nights 36 lowest deposit See Details		14.93¢	36 months	Choose Plan
Frontier	Frontier Saver Plus 12 cheapest 12 months See Details		14.95¢	12 months	Choose Plan

AEP North Electricity Plans in Texas

Rates are based on an estimated usage of 1,150 kWh per month.Update usage.

Provider	Plan		Rate Per kWh	Plan Length
Chariot Energy	GridEdge 36 lowest depositcheapestcheapest renewablecheapest 13+ months See Details		14.66¢	36 months	Choose Plan
Chariot Energy	GridEdge 24 lowest deposit See Details		14.86¢	24 months	Choose Plan
Frontier	Frontier Saver Plus 12 cheapest 12 months See Details		15.11¢	12 months	Choose Plan
Gexa Energy	Gexa Eco Saver Plus 12 See Details		15.11¢	12 months	Choose Plan
Gexa Energy	Gexa Eco Saver Plus 24 See Details		15.11¢	24 months	Choose Plan

CenterPoint Electricity Plans in Texas

Rates are based on an estimated usage of 1,150 kWh per month.Update usage.

Provider	Plan		Rate Per kWh	Plan Length
Frontier	Frontier Saver Plus 12 cheapestcheapest 12 months See Details		13.11¢	12 months	Choose Plan
Gexa Energy	Gexa Eco Saver Plus 12 cheapestcheapest renewable See Details		13.11¢	12 months	Choose Plan
Gexa Energy	Gexa Eco Saver Plus 24 cheapestcheapest renewablecheapest 13+ months See Details		13.11¢	24 months	Choose Plan
Frontier	Frontier Saver Plus 24 cheapest See Details		13.11¢	24 months	Choose Plan
Chariot Energy	GridEdge 36 lowest deposit See Details		14.17¢	36 months	Choose Plan

Oncor Electric Delivery Electricity Plans in Texas

Rates are based on an estimated usage of 1,150 kWh per month.Update usage.

Provider	Plan		Rate Per kWh	Plan Length
Gexa Energy	Gexa Eco Saver Plus 12 cheapestcheapest renewablecheapest 12 months See Details		13.42¢	12 months	Choose Plan
Frontier	Frontier Saver Plus 12 cheapest See Details		13.42¢	12 months	Choose Plan
Gexa Energy	Gexa Eco Saver Plus 24 cheapestcheapest renewablecheapest 13+ months See Details		13.42¢	24 months	Choose Plan
Frontier	Frontier Saver Plus 24 cheapest See Details		13.42¢	24 months	Choose Plan
Chariot Energy	GridEdge 36 lowest deposit See Details		14.26¢	36 months	Choose Plan

Texas New Mexico Power Electricity Plans in Texas

Rates are based on an estimated usage of 1,150 kWh per month.Update usage.

Provider	Plan		Rate Per kWh	Plan Length
Gexa Energy	Gexa Eco Saver Plus 12 cheapestcheapest renewablecheapest 12 months See Details		14.85¢	12 months	Choose Plan
Frontier	Frontier Saver Plus 12 cheapest See Details		14.85¢	12 months	Choose Plan
Gexa Energy	Gexa Eco Saver Plus 24 cheapestcheapest renewablecheapest 13+ months See Details		14.85¢	24 months	Choose Plan
Frontier	Frontier Saver Plus 24 cheapest See Details		14.85¢	24 months	Choose Plan
Chariot Energy	GridEdge 36 lowest deposit See Details		15.21¢	36 months	Choose Plan

Types Of Electricity Plans in Texas

Fixed-Term Plan

Fixed-term plans provide price protection for the duration of the contract. While this is not the same as a fixed rate and your rate could vary with your usage in accordance with the Electricity Facts Label, your rate typically won’t change for at least three billing cycles or the term of the contract.

Variable-Term Plan

With variable-term plans, the rate you pay fluctuates with the market and you’re charged a different amount from month to month. The benefit to this type of plan is they often lack contracts, and if the market price goes down, so will your bill.

Renewable Plans

Renewable energy plans are a cleaner option to help you reduce your carbon footprint. Most renewable energy providers have fixed-term plans available, so you can put your wallet and the planet at ease.

Pre-Paid Plans

With prepaid electricity plans, you pay in advance for electricity. Prepaid plans skip credit requirements and deposits because you pay upfront. In addition to not requiring deposits, prepaid plans usually have no contract and no termination fee.

Shining a Light on Energy Use

Shining a Light on Energy Use

As an independent company, WattBuy helps you find the best plan for your needs. Through our revolutionary algorithm, you can discover the estimated electricity usage, default rate, average monthly bill, and expected carbon footprint for your address. Save and switch on your terms with Wattbuy.

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To find a new plan, search your address to see what’s in your area. Then select the filters that matter most to you, so you can narrow down your results. From there, you can switch to the plan that best matches your needs—all from the comfort of home.

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Helping Low-Income Residents Find The Right Electricity Plan

Helping Low-Income Residents Find The Right Electricity Plan

The Comprehensive Energy Assistance Program (CEAP) is a unique utility assistance program that was created to assist low-income Texas residents in meeting their electricity needs. CEAP also has plans in place to provide energy education, helping and encouraging consumers to control energy costs.

The CEAP program can provide financial relief for low-income, disabled, and elderly residents that are most vulnerable to high and fluctuating energy costs throughout the year.