Waco Electricity Rates

Updated May 2, 2026 @ 10:48 PM CT

There are 193 electricity plans available in Waco right now, starting at 7.8¢/kWh. The average rate across all 40 providers is 13.79¢/kWh at 1,000 kWh — switching to the cheapest plan saves 43% ($60/month) versus the average rate.

75+Providers
5M+Shoppers
20+Years online
01

Cheapest Electricity Plans in Waco

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.

ProviderPlanRateAction
Gexa Energy
Gexa Eco Saver Plus 12
12 months Low Rate
7.80¢
per kWh at 1,000 kWh
Continue
Chariot Energy
GridPlus 12 - 7.90¢
12 months Low Rate
7.90¢
per kWh at 1,000 kWh
Continue
Octopus Energy
Octopus Lite 12 - 8.70¢
12 months Fixed Rate
8.70¢
per kWh at 1,000 kWh
Continue
Rhythm
Rhythm Saver 14 - 8.80¢
14 months Fixed Rate
8.80¢
per kWh at 1,000 kWh
Continue
SOUTHERN FEDERAL POWER LLC
Variable Advantage - 8.90¢
1 months Fixed Rate
8.90¢
per kWh at 1,000 kWh
Continue
Ranchero Power
No Contract Advantage - 9.00¢
1 months Fixed Rate
9.00¢
per kWh at 1,000 kWh
Continue
Atlantex Power
Radiance1000
12 months Fixed Rate
9.53¢
per kWh at 1,000 kWh
Continue
Energy Texas
The Lone Saver 12 - 9.70¢
12 months Fixed Rate
9.70¢
per kWh at 1,000 kWh
Continue
REVOLUTION ENERGY LLC
Liberty Bell Flex - 10.10¢
1 months Fixed Rate
10.10¢
per kWh at 1,000 kWh
Continue
INFUSE ENERGY
Essential Infusion Flex - 10.10¢
1 months Fixed Rate
10.10¢
per kWh at 1,000 kWh
Continue
Just Energy
Smart Choice - 12 - 10.40¢
12 months Fixed Rate
10.40¢
per kWh at 1,000 kWh
Continue
Tara Energy
Value Choice - 12 - 10.40¢
12 months Fixed Rate
10.40¢
per kWh at 1,000 kWh
Continue
Amigo Energy
Power Perks - 12 - 10.40¢
12 months Fixed Rate
10.40¢
per kWh at 1,000 kWh
Continue
CONSTELLATION NEWENERGY INC
Simple Switch 3 - 11.80¢
3 months Fixed Rate
11.80¢
per kWh at 1,000 kWh
Continue
Budget Power
No Gimmicks 14 - 12.10¢
14 months Fixed Rate
12.10¢
per kWh at 1,000 kWh
Continue
True Power
True Value 12 - 12.20¢
12 months Fixed Rate
12.20¢
per kWh at 1,000 kWh
Continue
Abundance Energy
Straight Forward 3 - 12.30¢
3 months Fixed Rate
12.30¢
per kWh at 1,000 kWh
Continue
VARSITY ENERGY LLC
BLUEBONNET 12 - 12.30¢
12 months Fixed Rate
12.30¢
per kWh at 1,000 kWh
Continue
Companion Energy
Companion + Perks 12 - 12.60¢
12 months Fixed Rate
12.60¢
per kWh at 1,000 kWh
Continue

Showing the 20 cheapest Waco electricity plans based on 1,000 kWh usage.

02

Best Waco Electricity Plans by Usage Level

Waco’s Central Texas climate means scorching summers and mild winters. The average household uses 1,100–1,300 kWh/month, with summer peaks well above that for larger homes.

Waco Apartments
500 kWh/month
Variable Advantage - 8.90¢
$49.50/mo
estimated Waco monthly bill
  • SOUTHERN FEDERAL POWER LLC
  • 9.9¢/kWh at this usage
  • 1-month fixed rate
Average Waco Home
1,000 kWh/month
Frontier Saver Plus 12
$78.00/mo
estimated Waco monthly bill
  • Frontier Utilities
  • 7.8¢/kWh at this usage
  • 12-month fixed rate
Larger Waco Homes
1,500 kWh/month
Variable Advantage - 8.90¢
$133.50/mo
estimated Waco monthly bill
  • SOUTHERN FEDERAL POWER LLC
  • 8.9¢/kWh at this usage
  • 1-month fixed rate
Large McLennan County Homes
2,000+ kWh/month
Variable Advantage - 8.90¢
$170.00/mo
estimated Waco monthly bill
  • SOUTHERN FEDERAL POWER LLC
  • 8.5¢/kWh at this usage
  • 1-month fixed rate
Waco, TX electricity rates chart showing cheapest rates per kWh for 3-month, 6-month, and 12-month plans at 500, 1,000, 1,500, and 2,000 kWh usage levels — updated May 2, 2026 @ 10:48 PM CT
Cheapest Waco, TX electricity rates grouped by monthly usage and contract term. Source: ElectricChoice.com.

Central Texas Summer Heat

Waco’s Central Texas location means highs above 100°F from June through August. Compare plans at both 1,000 and 2,000 kWh to prepare for summer bills.

03

Waco Electricity Providers

We compare rates from 40 retail providers serving Waco’s Oncor territory. Every provider listed offers plans to McLennan County residents today.

Frontier Utilities
Texas HQ
Gexa Energy
NextEra Company
Chariot Energy
Solar & Green
Octopus Energy
UK-Based
Rhythm
Est. 2019
SOUTHERN FEDERAL POWER LLC
REP · Waco
Ranchero Power
REP · Waco
Atlantex Power
REP · Waco
Energy Texas
REP · Waco
REVOLUTION ENERGY LLC
REP · Waco
INFUSE ENERGY
REP · Waco
Just Energy
Canadian Co.
Tara Energy
Est. 2005
Amigo Energy
Just Energy
CONSTELLATION NEWENERGY INC
REP · Waco
Budget Power
REP · Waco
True Power
REP · Waco
Abundance Energy
REP · Waco
VARSITY ENERGY LLC
REP · Waco
Companion Energy
REP · Waco
AP GAS & ELECTRIC (TX) LLC
REP · Waco
CleanSky Energy
Clean Plans
Champion Energy
Est. 2003
Think Energy LLC
REP · Waco
Spark Energy
Est. 2001
Pronto Power
REP · Waco
BKV Energy
REP · Waco
Discount Power
REP · Waco
Branch Energy
REP · Waco
GOOD CHARLIE & CO LLC
REP · Waco
Cirro Energy
NRG Company
TriEagle Energy
Eagle Ford
TXU
Est. 1882
Base Power
REP · Waco
Direct Energy
NRG Company
Heritage Power
REP · Waco
Reliant Energy
NRG Company
Green Mountain Energy
100% Renewable
Payless Power
Prepaid Plans
NEC co-op Energy
REP · Waco
04

Waco Business Electricity Rates

Waco’s economy blends tourism (Magnolia Market draws millions annually), Baylor University, and a growing manufacturing and logistics corridor along I-35.

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.

05

Waco Electricity by ZIP Code

We track electricity rates across 10 ZIP codes in the Waco area served by Oncor Electric Delivery. Find your ZIP below to confirm you can shop for Waco electricity plans on this page. below to confirm you can shop for Waco electricity plans on this page.

76701 76704 76705 76706 76707 76708 76710 76711 76712 76798

Don’t see your ZIP? Oncor’s territory covers Waco and most of McLennan County. Enter your ZIP code at the top of this page to check availability.

06

Waco Electricity FAQ

Common questions about electricity rates, plans, and providers in Waco, Texas.

How does electricity deregulation work in Waco?

In Waco, electricity delivery and supply are separated. your local utility handles the wires and infrastructure, while you pick from competing suppliers (REP (Retail Electric Provider)s) for your actual electricity. This competition is regulated by the Public Utility Commission of Texas (PUCT).

What is the cheapest electricity rate in Waco right now?

Right now, Waco rates start at 7.8¢/kWh for 1,000 kWh usage, offered by Frontier Utilities (Frontier Saver Plus 12). With 193 plans on the market, the average is 13.79¢/kWh. That’s a 43% spread between the cheapest and the average.

What is the average monthly electric bill in Waco?

A typical Waco household using 1,000 kWh pays around $138/month at the average rate of 13.79¢/kWh. Your bill will vary with seasonal usage patterns — summer AC and winter heating drive the biggest swings.

Who delivers electricity in Waco?

your local utility handles all electricity delivery in Waco — the physical infrastructure, meter reading, and outage response. Your choice of supplier only affects who generates and bills for the supply portion.

How do I switch electricity providers in Waco?

Switching is straightforward: compare plans, choose a REP (Retail Electric Provider), and sign up. The new supplier coordinates with your local utility automatically. Expect the switch to take 1–2 business days. There’s no physical work needed and no outage.

What happens when my contract expires?

Most suppliers move you to a month-to-month variable rate after your fixed term ends. This is usually higher than your locked-in rate. Set a reminder to compare plans before your contract expires.

How do Waco business electricity rates work?

Waco business electricity is priced differently from residential. Your rate depends on peak demand (kW), total consumption (kWh), and contract term. Request quotes from multiple REP (Retail Electric Provider)s to find the most competitive offer.

Who handles power outages in Waco?

your local utility. Your electricity supplier has no role in outage response — that’s always handled by the delivery company.

Sources & Notices

These are real-time rates from the ElectricChoice.com electric rate and plan marketplace. The inclusion, exclusion, ranking, or naming of any rate, plan, or provider on this page does not constitute an endorsement or recommendation. Listed rates may or may not account for all plan features, fees, etc. You should review each plan’s Electricity Facts Label (EFL) and plan terms before enrolling.