Cheapest Electricity Rates & Plans in Texas (March 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 March update.

Great deals right now, with large price drops following the end of cold weather. We expect prices to remain lower for March and April.

What are the Cheapest Electricity Companies in Texas?

What’s the cheapest Texas electric provider? That changes often depending on how aggressive each company is with its pricing. Here are the energy companies that currently have the cheapest basic fixed rate electricity offers in Texas, as of March 2026

• Energy Texas – Energy Texas has the same parent company as Rhythm Energy. They offer a 30-day satisfaction guarantee like Rhythm, but at a lower price point, making them the top recommendation. Plan Recommendation: Energy Texas Come & Take It 12
• OhmConnect – Low rates on basic fixed rate electricity plans. Earn bill credits for conserving power when asked to do so.
• Chariot Energy – Aggressive low rates and 100% solar-backed power. Consider their 24-month electricity plan.

We recommend basic fixed rate electricity plans. However, the rates below include bill credit electricity plans as well, with credits that apply when you hit 1000 kWh. These plans may be for you if you consistently use between 1000-1400 kWh a month. Always read the plan description before choosing your plan.

Enter your zip code, then enter your average monthly usage to see the estimated true prices for your home. You can also learn more about how to shop cheap electricity in Dallas, and how much is the average Dallas electricity bill.

How do I Find the Cheapest Electricity Rate in Texas?

Shopping for electricity doesn’t have to be hard. You can check our detailed “Definitive Guide to Shopping for Electricity in Texas” for a full version. But here’s a quickie version of 5 steps to find cheap rates.

1. Enter your zip code
2. Enter your average monthly electricity usage.
3. Select Basic Fixed Rate plan features to eliminate bill credit plans.
4. Sort by “Rates Low to High.”
5. Pick the cheapest price for electricity, either based on price per kWh or the estimated monthly bill.

Need help? You can email us your questions and a copy of your bill by using our PlanScan service. We’ll send you the three cheapest electricity plans for your home.

Not ready to lock in? Sign up for ElectricityPlans.com electricity shopping reminder service. We’ll send you reminders to come back and shop. And we’ll send you electricity price drop alerts when we find a good deal.