shopping for cheap electricity rates in texas electricity calculator

Cheapest Electricity Rates in Texas (October 2023)

Written By: Rebecca Bridges

Finding the cheapest electricity rates in Texas doesn’t have to be hard. Every month we update our recommendation for the top 3 cheapest electricity companies in Texas, and our cheapest electricity rates for fixed rates plans. Here’s the October 2023 update.

Top 3 Cheapest Energy Company in Texas Right Now

Wondering who has the cheapest electricity rates in Texas? That changes often depending on how aggressive each company is with their pricing. And the cheapest electricity rate depends a lot on your usage and where you live.

Here are the energy companies that currently have the cheapest electricity rates in Texas, as of October 2023.

  1. OhmConnect Energy – OhmConnect Energy offers traditional fixed rate plans and a Half Price Nights plan. Plus you can earn rewards if you reduce your usage when they ask you to.
  2. Energy Texas – Low prices plus earn bill credits or other rewards just by paying your bill on time!
  3. Rhythm Energy – Rhythm Energy gives you solid pricing on longer term plans, plus 100% renewable energy. Add in their 30 day satisfaction guarantee and you can’t lose. Don’t like your plan? Found a cheaper price? Switch away within the first 30 days with no termination penalty.

We always recommend true fixed rate electricity plans (no bill credits or tiered rates) and those are the rates we show below. If you are looking for bill credit or tiered rate plans, enter your zip code below to see all options.

You can read more on how to shop for Houston cheap electricity rates or Cypress electricity rates. Or review info on the average electricity bill in Houston. The plans above are true fixed rate electricity plans, what we call basic electricity.

But if you want to look at plans with tiered rates, bill credits and what have you, enter your zip code below.

Compare Electricity Rates by Zip Code

These are the TRUE fixed rate electricity plans, where you pay the same rate per kWh of electricity no matter how much or how little you use.

You can check rates for all types of electricity plans, including tiered rates, bill credits and flat bill electricity plans.

Just make sure you enter your average electricity usage after you enter your zip code below! That’s the best way to see if a rate plan is a good match for you. You can also learn more about how to shop cheap electricity in Dallas, and how much is the average Dallas electricity bill.

Shop Electricity Rates by Zip Code

How to Find the Lowest 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 steps to find cheap rates.

  1. Enter your zip code
  2. Enter your average monthly electricity usage. (Don’t know it? The average house in Texas uses 1200 kWh a month.)
  3. Sort by “Rates Low to High”
  4. Pick the cheapest price for electricity, either based on price per kWh or the estimated monthly bill.

There are a lot of different options, but we suggest looking at Basic Electricity plans and just picking the cheapest rate. That’s how to get your lowest electricity 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 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.

About Rebecca Bridges

Rebecca Bridges has worked in deregulated energy markets since 2001. As chief marketing officer for ElectricityPlans, focuses on helping consumers save on their electricity bills and find the best electricity plans. Outside of work, Rebecca uses her marketing experience to support dog rescue and can often be found hiking or biking local trails.

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