Texas electricity rate trends for 2024 show prices similar to 2023. Here’s our Texas electricity rates trend forecast, key factors driving electricity prices and what types of electricity plans will be popular this year.
- Texas electricity prices for 2024 will continue at levels seen in 2023. Residential electricity rates will average 14-16¢ per kWh including delivery costs.
- Longer term contract terms (24 to 36 months) will be the cheapest electricity options.
Jump right to the cheapest electricity plans in Texas or read on for our trends and price forecast.