Texas Electricity Trends for 2023

Texas electricity trends for 2023 show lower prices than 2022 and more options for short and long term electricity contracts. Other trends in Texas electricity include green energy plans going mainstream, more consumers choosing to add solar panels to their homes, and opportunities to get rewarded for cutting your usage.

This is also the year that market restructuring will occur, as Texas looks to ensure grid reliability. Those changes will drive up future electricity prices beyond 2023.

We’ll review all that and more below. If you’re in a hurry and just want to find your best electricity plan? Jump right to our recommendations to find the best electricity rates.

Connecticut Electricity Rates Skyrocket in 2023

Electricity rates in Connecticut went up an unprecedented 88% to 100% on January 1, 2023. While that crisis has passed, Connecticut electricity bills continue to be some of the highest in the country. Since electricity rates for your utility change twice a year, it makes sense to monitor rates and consider locking in a low fixed rate for your home or business in Connecticut.

ElectricityPlans Named to the 18th Annual Aggie 100, Honored as Fastest-Growing Company

What an amazing honor to serve our customers.

Because of you, on November 4th, 2022, ElectricityPlans.com was among the top 100 companies from around the world selected for the 18^th annual Aggie 100^TM which honors the fastest growing companies owned by former students of Texas A&M University.

Electric Vehicle Fleets: A Guide for Business Owners

If you have a fleet of vehicles for your business, you may be considering going EV for your next purchase. With good reason. There are now more choices for passenger and light-duty fleet vehicles. Here’s a basic guide to fleet electrification 101.

How to Lower Your Electricity Bill this Winter

It’s the double whammy for electricity bills. We often think that only our summer electricity bills are high. But your winter electricity bill can also be expensive depending on our winter weather.

Winter energy savings tips focus on insulation, keeping your “building envelope” secured against the elements, and setting your thermostat at the proper level.

Will Electricity Prices Fall this Fall in Texas?

We get questions like this all the time from customers, friends and neighbors. Will electricity prices fall this fall?

Normally we would say, of course! Electricity prices always drop in the fall in Texas. And this year is no exception, based on what we’re seeing with pricing. Prices are dropping… just not as far as we all hoped.

This article was written in Summer 2022. See our Texas Electricity Rate Trends 2023 article for the latest electricity price forecast for 2023.

Tax Credits for EV, Solar & Electrification – The Inflation Reduction Act of 2022

Last Updated April 28, 2026

For homeowners, the Inflation Reduction Act of 2022 includes over $8 billion for home energy efficiency and home electrification projects. You can receive tax credits for new technology including home solar panels, battery storage, or electric vehicles. And you can get tax credits and incentives for replacing your clothes dryer, water heater and cooktop, or for swapping out your HVAC for a heat pump HVAC.

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Big Beautiful Bill & Residential Tax Credits

Trump’s “One Big Beautiful Bill” passed in July 2025 modifies clean-energy incentives introduced under Biden’s Inflation Reduction Act. Here are new policies related to home solar, batteries, electrification and electric vehicles

Residential Solar Tax Credit: Expires December 31, 2025
EV Purchase Credit: Expires September 30, 2025
Home Electrification Tax Credit: Expires December 31, 2025

Act quickly to take advantage of these tax incentives before they expire!

Top 5 Texas Business Electricity Mistakes

Shopping for business electricity in Texas can be a challenge. But you can avoid common mistakes businesses make in energy procurement by knowing what to look for.

Most mistakes are simple oversights. Don’t treat electricity procurement like it’s just another purchasing decision. These can be complex contracts and it’s important to avoid these errors.

Electricity Bill Payment Scam – How to Avoid Getting Tricked

The electricity bill payment scam is on the rise in in Texas. Scammers will call you pretending to be from your light company and demand payment. They’ll threaten to turn your electricity off if you don’t pay right away.

To avoid an electricity bill payment scam, look for things that are out of the ordinary. If your electric company has never called you before to demand payment, and specified that you can only pay with a GreenDot card from Walgreens? It’s likely a scam.

Here’s how to tell an electricity bill payment scam from a real disconnection notice from your electricity company. And how to avoid getting ripped off.

Cheapest Electricity Rates & Plans in Texas (June 2026)

Last Updated June 17, 2026

Finding the cheapest electricity rates in Texas doesn’t have to be a chore or require tons of research. Every month, we update our recommendation for the top three cheapest electricity companies in Texas, and highlight the cheapest electricity rates in your area. Here’s the June update.

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