Texas Electricity Plans

The cheapest Texas electricity plan changes daily as providers adjust rates. This page lists all available plans sorted from lowest to highest rate at 1,000 kWh monthly usage. Be sure to compare rates at your actual usage level — bill-credit plans may advertise low rates at 1,000 kWh that don't apply if your household uses less. Use the 500 kWh and 2,000 kWh filters to see rates at different usage levels.

Switching is simple and free: choose a new plan, sign up online, and your new provider handles the rest. There's no service interruption — your electricity stays on the entire time. The switch typically takes 1–3 business days through ERCOT's standard enrollment process. If you're on a fixed-rate contract, check your early termination fee (ETF) before switching. Many providers waive the ETF if your contract is within 14 days of expiration.

Texas has four TDU territories — Oncor, CenterPoint, AEP Texas, and TNMP — each with different regulated delivery charges. The same plan from the same provider costs different amounts depending on which TDU serves your address. Enter your ZIP code to see the exact rate for your location.

A bill credit plan applies a discount (usually $30–$100) when your monthly usage hits a specific threshold, typically 1,000 kWh. This makes the advertised ¢/kWh rate very low at that exact usage level but significantly higher if you use less. If your household consistently uses close to the credit threshold, these plans can be a great deal. If your usage varies month to month, a standard fixed-rate plan without bill credits is usually safer. Use the 500 kWh filter on this page to see the true cost for lower-usage months.

The Electricity Facts Label is a standardized disclosure document required by the Public Utility Commission of Texas for every electricity plan. It shows the total average price per kWh at three usage levels — 500, 1,000, and 2,000 kWh — so you can compare plans on equal terms. The EFL includes all charges: energy, TDU delivery, base fees, and any bill credits. Always check the EFL before signing up, especially at the 500 kWh tier if you have a smaller household.

Yes, many Texas electricity providers offer no-deposit plans or prepaid electricity options. Prepaid plans typically require no credit check and no deposit — you pay in advance and your balance decreases as you use electricity. Traditional plans may require a deposit of $100–$400 based on your credit, but some providers waive the deposit with a letter of credit from your previous utility or after a soft credit check.

Yes, many Texas providers offer plans sourced from 100% renewable energy, primarily wind and solar. Texas is the nation's largest wind power producer, so green plans are often competitively priced with conventional plans. Providers like Green Mountain Energy, Chariot Energy, Octopus Energy, and Rhythm Energy specialize in renewable options. Look for the "100% Green" badge on plans listed on this page.