“Cheap power near me.” “Cheapest electricity for my home.” “Best Electricity Plan in <city> Texas.” If you’re searching for these, you’re not alone.
Because no one wants to pay too much for electricity. And no one wants to feel like they got (ah hem) scr*wed by a power plan they didn’t understand.
But how do you find the best cheap power plan for your home? Here’s how.
In a hurry? Jump directly to cheap power rates in your area:
What does “Cheap Power” Mean in Texas?
First off, what’s cheap power mean in Texas? You’re basically looking for the energy company with the lowest cost per kWh. And that means the lowest total average cost per kWh including delivery.
Because regardless of who you go with as your power company, you will pay delivery charges to the local utility company as part of your bill.
Some companies will show a “bundled” rate or “all-in” rate where they quote one price for both delivery and power. Whereas others will show an “unbundled” or “energy only” rate where they quote your rate for supply with a nebulous “plus delivery fees.”
That difference in pricing can be confusing. And that’s why the Public Utility Commission of Texas (PUCT) requires that all retailers provide their average price per kWh at three usage levels: 500 kWh, 1000 kWh and 2000 kWh. That allows consumers to compare apples to apples across all companies. Easy, right?
But it’s not so easy. Tiered rates, bill credits, free electricity and special offers all come into play when you look at the power pricing. You think you are getting a cheap power rate, but you may end up paying too much.
And that’s why picking the best cheap electricity plan for your home depends on two things. First,understanding the fine print. And second, knowing if a plan is right for your usage level.
How Does Usage Affect My Electricity Price?
Knowing your electricity usage is key to getting the best cheap power plan.
Most retail energy companies display average price per kWh at 2000 kWh a month on their web site. And the Power to Choose state shopping site displays at 1000 kWh. (The average home in Texas uses 1200 kWh annually.)
As a result, retailers constantly develop new power rates that “look good” at a specific average usage kWh level.
And that’s why you have to watch out. Because an electricity rate that looks excellent at 1000 kWh a month may be a horrible choice if you use 1500 kWh a month. And on the other hand, a plan that looks good at 2000 kWh a month could be a bad choice if you actually use 900 kWh a month.
Here’s an example:
Of course you would be unhappy if you only used 1000 kWh a month and bought this plan based on the 2000 kWh rate you saw. That’s a 30% difference in the rate you would pay!
At ElectricityPlans, we review the fine print in every power plan. We review the math, and break it down in a Pricing Details section. That way you can see how the plan works … even if it’s complicated, like the one below!
And it’s because math is hard that we will calculate exactly what your monthly bill will be, for the plan you are interested in. (Excluding taxes and PUCT assessment fee).
Just type in your kWh usage, and we’ll do the math for you!
Plus, when you are scanning rates, we make it easy to see at a glance if a plan has complicated bill credits and tiered rates to look out for. Just look at our one-line summary for each plan.
Search Electricity Providers by Zip Code to Find Lowest kWh Rate
How to Shop for Cheap Texas Power Plans
Here are the steps to shop for cheap power in Texas:
Time needed: 5 minutes.
How to shop for cheap power plans in Texas
- Understand your usage.
Plans include tiered rates, and hidden fine print. You should have a good idea of your highest and lowest usage levels before shopping.
- Search electricity providers by zip code.
- View available plans by usage level.
Select the usage level closest to your monthly usage (500, 1000, 2000 kWh monthly).
- Narrow down to top 3 plans to compare pricing
- Review “Plan Details and Pricing.”
Review the Plan Details and Pricing on each plan. Enter your average usage to see what your actual price per kWh will be, using our “Calculate Your Bill” feature.
Above all, don’t get fooled by gimmicks and fine print. Use ElectricityPlans.com to find the a low cost power provider.
Who Has the Cheapest Electricity Plan in Texas?
Don’t be fooled. Because retail energy providers play games with average prices all the time.
The cheapest power plan is the one that fits your usage, with the least fine print. That’s the only way to make sure it’s the one for you. Follow our instructions above on how to shop for cheap power plans.
Cheap Light Companies with No Deposit
Now on to another topic of concern. If your have a credit score below 600, it’s likely you will have to pay a deposit for your electricity. That deposit can be up to two month’s worth of your estimated electricity. And you won’t get back that deposit until you’ve made 12 months of on-time payments.
So the better way to get cheap electricity with no deposit is a prepaid electricity option.
With prepaid electricity, you pay in advance for your electricity. Setting up an account can cost as little as $29 to start.
You can go month to month with a variable prepaid rate. But we recommend a fixed price plan instead because it will protect you against rate changes. Our favorite is the fixed rate 12-month prepaid electricity from Payless Power, because it it the only prepaid electricity plan that offers this certainty. You can read our review of Payless Power Prepaid plans online, or call them at 1-866-934-3451 to enroll.
What If I Don’t Know My Usage?
If you don’t know your electricity usage, you will need to estimate it. Here’s a helpful guide:
- Usage assumption to find cheap electricity for a small apartment. Assuming a 750 square foot apartment, energy use is around 750 kWh/month.
- Usage assumption to find cheap electricity for a large apartment. Assuming a 1000 square foot apartment, energy use is around 1000 kWh/month.
- Usage assumption to find cheap electricity for a small house. A home around 1500 square feet will use around 1250 kWh/month.
- Usage assumption to find cheap electricity for a large house? A large home around 3800 square feet would use around 2200 kWh/month.
Usage for homes will vary based on the age of the home, insulation, appliances, and how many people live in the home. That’s why the most important thing is to locate your most recent electricity bill and use that information to estimate your usage.
Find Cheap Texas Power Prices in Your Area
Lowest Power Prices in Centerpoint (Houston Area)
|Pulse Power||Texas Smart 36||36||8.2 ¢|
|Frontier Utilities||Straight Power 12||12||8.4 ¢|
|Pulse Power||Texas Smart 12||12||8.7 ¢|
|4Change Energy||4Change Energy Budget Saver 12||12||8.9 ¢|
|Gexa Energy||Gexa Saver Premium 12||12||9.6 ¢|
|4Change Energy||4Change Energy Generous Saver Plus 12||12||9.8 ¢|
|TriEagle Energy||Eagle 36||36||10.3 ¢|
|Think Energy||Think Simple 24||24||10.3 ¢|
|Discount Power||Wise Buy® Complete 12||12||10.4 ¢|
|TriEagle Energy||Eagle 24||24||10.5 ¢|
|Chariot Energy||Chariot Energy Solarize 6||6||10.5 ¢|
|TriEagle Energy||Green Eagle 36||36||10.6 ¢|
|Pulse Power||Texas Fixed 36||36||10.7 ¢|
|Think Energy||Think Simple 12||12||10.7 ¢|
|TriEagle Energy||SMART Energy 36||36||10.7 ¢|
|TriEagle Energy||Eagle 12||12||10.8 ¢|
|Chariot Energy||Chariot Energy Solarize 36||36||10.8 ¢|
Lowest Power Prices in Oncor (DFW Area)
|Pulse Power||Texas Smart 36||36||7.8 ¢|
|Frontier Utilities||Straight Power 12||12||7.85 ¢|
|Pulse Power||Texas Smart 12||12||8.3 ¢|
|4Change Energy||4Change Energy Budget Saver 12||12||8.3 ¢|
|Gexa Energy||Gexa Saver Premium 12||12||8.7 ¢|
|Think Energy||Think Simple 6||6||8.9 ¢|
|4Change Energy||4Change Energy Generous Saver Plus 12||12||9.3 ¢|
|Chariot Energy||Chariot Energy Solarize 6||6||9.4 ¢|
|Discount Power||Wise Buy® Complete 12||12||9.4 ¢|
|TriEagle Energy||Eagle 36||36||9.5 ¢|
|TriEagle Energy||Eagle 24||24||9.8 ¢|
|Think Energy||Think Simple 24||24||9.8 ¢|
|TriEagle Energy||Green Eagle 36||36||9.9 ¢|
|Chariot Energy||Chariot Energy Solarize 36||36||9.9 ¢|
|TriEagle Energy||SMART Energy 36||36||9.9 ¢|
|TriEagle Energy||Green Eagle 24||24||10.1 ¢|
|TriEagle Energy||Eagle 12||12||10.1 ¢|
Lowest Power Prices in AEP-Central (Corpus Christi Area)
|Frontier Utilities||Straight Power 12||12||8.9 ¢|
|4Change Energy||4Change Energy Budget Saver 12||12||8.9 ¢|
|Pulse Power||Texas Smart 36||36||9.5 ¢|
|Gexa Energy||Gexa Saver Premium 24||24||9.7 ¢|
|4Change Energy||4Change Energy Generous Saver Plus 12||12||9.9 ¢|
|Pulse Power||Texas Smart 12||12||10.0 ¢|
|Think Energy||Think Simple 6||6||10.3 ¢|
|Chariot Energy||Chariot Energy Solarize 6||6||10.9 ¢|
|TriEagle Energy||Eagle 36||36||11.1 ¢|
|Pulse Power||Texas Fixed 36||36||11.1 ¢|
|Think Energy||Think Simple 24||24||11.2 ¢|
|Frontier Utilities||Light Saver 24+||24||11.3 ¢|
|Infinite Energy||Infinite Energy 36 Month Partner Saver||36||11.3 ¢|
|TriEagle Energy||Green Eagle 36||36||11.4 ¢|
|Infinite Energy||Infinite Energy 60 Month Partner Saver||60||11.4 ¢|
|TriEagle Energy||Eagle 24||24||11.4 ¢|
|Frontier Utilities||Light Saver 12+||12||11.4 ¢|
Looking for electricity plans for a specific Texas city? Check below: