Budget Power Plans & Rates

Low-cost electricity plans focused on delivering maximum value to Texas households
Updated
Budget Power logo
11.5¢
Avg Rate
11–36 mo
Terms
20
Plans
6
Territories
75+Providers
5M+Shoppers
20+Years online
01

Budget Power Electricity Plans

Budget Power currently offers 20 electricity plans across 6 Texas utility territories, with rates ranging from 10.7¢ to 12.7¢ per kWh at 1,000 kWh usage. The cheapest plan available is No Gimmicks 11 - 10.70¢ in the CenterPoint territory. Some plans are backed by 100% renewable energy. Rates shown below are updated multiple times daily and include TDU delivery charges.

Budget Power electricity plans and rates for the Oncor territory (Dallas–Fort Worth, Waco, Midland, Tyler), sorted by price at 1,000 kWh
Plan Rate at 500 kWh Rate at 1,000 kWh Rate at 2,000 kWh Action
No Gimmicks 11 - 11.50¢ Cheapest
11 mo · Fixed View EFL
11.9¢
500 kWh
11.5¢
1,000 kWh
11.3¢
2,000 kWh
Shop
No Gimmicks 12 - 11.60¢
12 mo · Fixed View EFL
12.0¢
500 kWh
11.6¢
1,000 kWh
11.4¢
2,000 kWh
Shop
No Gimmicks Green 12 - 11.70¢ 100% Green
12 mo · Fixed View EFL
12.1¢
500 kWh
11.7¢
1,000 kWh
11.5¢
2,000 kWh
Shop
No Gimmicks 24 - 12.40¢
24 mo · Fixed View EFL
12.8¢
500 kWh
12.4¢
1,000 kWh
12.2¢
2,000 kWh
Shop
No Gimmicks 36 - 12.70¢
36 mo · Fixed View EFL
13.1¢
500 kWh
12.7¢
1,000 kWh
12.5¢
2,000 kWh
Shop
Dallas–Fort Worth, Waco, Midland, Tyler · Rates at 1,000 kWh include delivery
02

About Budget Power

Budget Power is a trade name of Capital Energy PA LLC, a Texas retail electricity provider holding PUCT certificate #10293. The parent company began operations in August 2021 under the 'Value Power' brand and has since launched multiple retail brands. Budget Power launched in November 2024, positioning itself as a low-cost provider with fixed-rate plans across all major Texas deregulated territories.

Same PUC license (#10293) operates four brand names: Budget Power, Sunrise Power, Value Energy, Value Power; launched November 2024
PUC License
#10293
Parent Company
Capital Energy PA LLC
Headquarters
Houston, TX
Founded
2024
Residential Electricity Budget-Friendly Plans Tiered Pricing
03

Budget Power FAQ

Common questions about Budget Power electricity plans, rates, and service areas.

What areas does Budget Power serve?

Budget Power offers plans in six Texas deregulated TDU territories: Oncor, CenterPoint, AEP Texas Central, AEP Texas North, TNMP, and Sharyland. Enter your ZIP code to confirm availability and see rates for your territory.

What are Budget Power's current rates?

Rates range from 10.7¢ to 12.7¢/kWh depending on the plan and territory, with an average of 11.5¢/kWh. The lowest rate is currently in the CenterPoint territory. Rates on this page update multiple times daily.

Why do Budget Power rates differ by territory?

Each TDU (Transmission and Distribution Utility) charges different delivery rates that are passed through to your bill. The same Budget Power plan can cost several cents more per kWh in one territory vs. another because of these delivery charge differences.

What contract lengths does Budget Power offer?

Budget Power currently offers fixed-rate plans ranging from 11 to 36 months. Early termination fees apply if you cancel before your contract ends. Current ETFs: 11-month plan: $100; 12-month plan: $100; 24-month plan: $175; 36-month plan: $250.

How do I switch to Budget Power?

Choose a plan and enroll online or by calling their customer service line. Your new provider coordinates the switch with your TDU — power stays on during the changeover, typically within 1-3 business days.

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 not account for all plan features, fees, etc.