Cheapest Electricity Rates in Texas (March 2023)

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 March 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 consistently have the cheapest electricity rates, as of March 2023

1. Energy Texas – Energy Texas prices to win customers and it shows. You’ll get low electricity rates from an experienced team. All plans are 100% renewable energy.
2. OhmConnect Energy – OhmConnect Energy offers traditional fixed rate plans or a Half Price Nights plan that’s our pick for discount electricity. Aggressively priced, plus you can earn bill credits if you reduce your use when asked to do so.
3. GoodCharlie – GoodCharlie has a unique value offer for Texas dog and cat lovers. Their plans include 24/7 virtual vet visits and a $750 emergency vet fund for your pets. Plus they’ll donate to local animal rescues at no cost to you.

We always recommend true fixed rate electricity plans (no bill credits or tiered rates) and those are the rates we show below.

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. (We’ve been doing this for a long time and have looked at thousands of electricity bills. And most homes in Texas do best with a true fixed rate plan.)

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.

Checklist 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 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.