Richmond Electricity Rates
The average Richmond electricity rate today is 13.19¢/kWh at 1,000 kWh usage. Compare 194 plans from 39 providers serving Richmond and the CenterPoint Energy territory. Prices range from 6.8¢ to 19.4¢/kWh. 86 of 194 plans are priced between 12-14¢/kWh.
Cheapest Electricity Plans in Richmond
Sorted by price at 1,000 kWh. Plans with bill credits can cost more at other usage levels — check the EFL for the full breakdown.
| Provider | Plan | Rate | Action |
|---|---|---|---|
 |
Budget Power
Prime 12 - 6.80¢
12 months
Cheapest
|
6.80¢
per kWh at 1,000 kWh
|
Continue |
 |
Chariot Energy
GridPlus 12 - 7.00¢
12 months
Low Rate
|
7.00¢
per kWh at 1,000 kWh
|
Continue |
 |
Discount Power
Bill Credit Bundle 25 - 7.20¢
25 months
Low Rate
|
7.20¢
per kWh at 1,000 kWh
|
Continue |
 |
Cirro Energy
Bill Bonus 25 - 7.20¢
25 months
Fixed Rate
|
7.20¢
per kWh at 1,000 kWh
|
Continue |
 |
Energy Texas
The Lone Saver Plus 12 - 7.40¢
12 months
Fixed Rate
|
7.40¢
per kWh at 1,000 kWh
|
Continue |
 |
Rhythm
Rhythm Max Saver 12 - 7.40¢
12 months
Fixed Rate
|
7.40¢
per kWh at 1,000 kWh
|
Continue |
 |
Gexa Energy
Gexa Eco Saver Plus 12
12 months
Fixed Rate
|
7.40¢
per kWh at 1,000 kWh
|
Continue |
 |
Frontier Utilities
Frontier Saver Plus 12
12 months
Fixed Rate
|
7.40¢
per kWh at 1,000 kWh
|
Continue |
 |
Atlantex Power
Radiance1000
12 months
Fixed Rate
|
8.03¢
per kWh at 1,000 kWh
|
Continue |
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Just Energy
Smart Choice - 12 - 8.50¢
12 months
Fixed Rate
|
8.50¢
per kWh at 1,000 kWh
|
Continue |
 |
Amigo Energy
Power Perks - 12 - 8.50¢
12 months
Fixed Rate
|
8.50¢
per kWh at 1,000 kWh
|
Continue |
 |
Tara Energy
Value Choice - 12 - 8.50¢
12 months
Fixed Rate
|
8.50¢
per kWh at 1,000 kWh
|
Continue |
 |
Octopus Energy
Octopus Lite 12 - 8.80¢
12 months
Fixed Rate
|
8.80¢
per kWh at 1,000 kWh
|
Continue |
 |
SOUTHERN FEDERAL POWER LLC
Variable Advantage - 11.40¢
1 months
Fixed Rate
|
11.40¢
per kWh at 1,000 kWh
|
Continue |
 |
INFUSE ENERGY
PTC Infusion Flex - 11.50¢
1 months
Fixed Rate
|
11.50¢
per kWh at 1,000 kWh
|
Continue |
 |
REVOLUTION ENERGY LLC
Stars and Stripes Flex - 11.50¢
1 months
Fixed Rate
|
11.50¢
per kWh at 1,000 kWh
|
Continue |
 |
Ranchero Power
No Contract Advantage - 11.50¢
1 months
Fixed Rate
|
11.50¢
per kWh at 1,000 kWh
|
Continue |
 |
True Power
True Value 12 - 11.70¢
12 months
Fixed Rate
|
11.70¢
per kWh at 1,000 kWh
|
Continue |
 |
CONSTELLATION NEWENERGY INC
14 Month Usage Bill Credit - 11.80¢
14 months
Fixed Rate
|
11.80¢
per kWh at 1,000 kWh
|
Continue |
 |
Abundance Energy
Confident Renter 12 - 12.30¢
12 months
Fixed Rate
|
12.30¢
per kWh at 1,000 kWh
|
Continue |
Showing the 20 cheapest Richmond electricity plans based on 1,000 kWh usage.
Richmond Utilities
No matter which retail provider you pick, the poles, wires, and meters in Richmond are owned and maintained by one company — and they handle every outage.
CenterPoint Energy serves about 2,753,610 customers across Greater Houston, including Richmond. The typical CenterPoint customer sees roughly 1.1 outages per year, each lasting about 98 minutes.
Richmond Electric Bills
At Richmond’s average rate of 13.2¢/kWh, here’s what a typical home pays across the year — and where that electricity is generated on ERCOT — the Texas grid.
Estimated monthly bill across the year
A typical Richmond home’s bill ranges from about $107 in Mar to $226 in Aug — summer air conditioning is the single biggest driver. Locking in a low fixed rate before summer is the easiest way to blunt the Aug spike.
Richmond Power Generation
Monthly bills are modeled from the local average rate and a regional seasonal usage profile; your actual usage will vary.
Richmond Grid Status
As of , there are 6 customers without power in Richmond’s Fort Bend County, Texas. This represents <0.01% of 372,691 tracked customers. This is within normal operating levels for the CenterPoint Energy service territory. Statewide, 9,273 Texas customers are without power across 77 of 254 counties.
Transmission & Distribution
CenterPoint Energy customers in Richmond experience an average of 1.1 outages per year, with each outage lasting approximately 98 minutes. The total annual interruption time averages 1.8 hours per customer.
Is there a power outage in Richmond right now?
Yes. As of , there are 6 customers without power in Richmond (Fort Bend County, Texas), representing <0.01% of 372,691 tracked customers.
Best Richmond Electricity Plans by Usage Level
Richmond’s Greater Houston location means hot, humid summers. The average Fort Bend County household uses 1,000–1,300 kWh/month, with summer peaks pushing significantly higher for newer homes.
- True Power
- 12.2¢/kWh at this usage
- 12-month fixed rate
- Budget Power
- 6.8¢/kWh at this usage
- 12-month fixed rate
- Budget Power
- 6.8¢/kWh at this usage
- 12-month fixed rate
- SOUTHERN FEDERAL POWER LLC
- 11¢/kWh at this usage
- Variable rate
Houston-Area Summer Heat
Richmond shares Richmond shares Houston’s intense summer heat and humidity. Fort Bend County homes run AC from April through October. Compare plans at both 1,000 and 2,000 kWh.
Richmond Electricity Providers
We compare rates from 39 retail providers serving Richmond’s CenterPoint Energy territory. Every provider listed offers plans to Fort Bend County residents today.
Richmond Business Electricity Rates
Richmond is the Fort Bend County seat with a growing commercial base along US-90A and the Grand Parkway. County government, retail, and new development drive the local economy.
Commercial pricing factors in peak demand, load factor, and total volume. A quick quote is the only way to see what rates are available for your specific business profile.
Richmond Solar
Richmond gets about 5.2 peak sun hours per day. At the local average rate of 13.2¢/kWh, here's what a typical 7 kW rooftop system looks like.
Texas context: 122,184 homes in the state have already installed rooftop solar (875 MW of residential capacity).
Estimate assumes a 7 kW system at $2.75/watt, an 80% performance ratio, and the 30% federal tax credit. Over 25 years the system would net roughly $21,575 after its net cost. Run your exact address →
Richmond Electricity FAQ
Common questions about electricity rates, plans, and providers in Richmond, Texas.
How does electricity deregulation work in Richmond?
Richmond is in a deregulated electricity market. CenterPoint Energy is the TDU that delivers power through the local grid, but you choose which REP (Retail Electric Provider) provides your electricity supply. the Public Utility Commission of Texas (PUCT) oversees the market to ensure fair competition.
What is the cheapest electricity rate in Richmond right now?
The cheapest Richmond electricity rate is 6.8¢/kWh at 1,000 kWh, offered by Budget Power (Prime 12 - 6.80¢). The average across all 194 available plans is 13.19¢/kWh. Rates are updated multiple times daily.
What is the average monthly electric bill in Richmond?
At the current average rate of 13.19¢/kWh, a Richmond home using 1,000 kWh/month pays approximately $132/month for electricity supply. Actual bills depend on usage, which varies seasonally.
Who delivers electricity in Richmond?
CenterPoint Energy is the electric delivery company for Richmond. They own and maintain the poles, wires, and meters. Regardless of which supplier you choose, CenterPoint Energy delivers your power.
How do I switch electricity providers in Richmond?
Pick a REP (Retail Electric Provider), enroll online or by phone, and they handle the CenterPoint Energy transition. The switch takes 1–2 business days with no service interruption — no one visits your home and your power stays on the entire time.
What happens when my contract expires?
When your contract ends, you may roll onto a variable rate from your current supplier or revert to CenterPoint Energy’s default supply rate. It’s best to reshop before expiration to lock in a new competitive rate.
How do Richmond business electricity rates work?
Commercial rates in Richmond are custom-quoted based on your peak demand, load profile, and contract length. Unlike residential plans, business pricing includes demand charges. Compare certified suppliers for the best commercial rate.
Who handles power outages in Richmond?
CenterPoint Energy. Your electricity supplier has no role in outage response — that’s always handled by the delivery company.