Cheapest Electricity Rates in Texas (December 2022)

Typically, electricity prices fall around this time of year, and the same is true for December 2022. Electricity prices are dropping, but not to the low rates we saw in 2021.

Here are our recommendations for the three cheapest companies in Texas, plus a list of fixed rate electricity plans in your area.

Top 3 Cheapest Energy Company in Texas Right Now

The best and cheapest electricity rate depends on your usage and your zip code. But here are the energy companies that consistently have the cheapest electricity rates, as of December 2022.

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.

So these are the three companies we recommend for the cheapest electricity rates when you are doing an energy price comparison. We always recommend true fixed rate plans (no bill credits or tiered rates) and those are the rates we show below.

If it’s available, consider the 3 month Taste of Energy Texas 3 plan. It’s a great low rate for right now. Then you can monitor rates and lock in a longer term plan if rates drop. And if they don’t fall? At least you got a cheap rate for 3 months!

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 Cheapest Electricity Rate in Texas

Shopping for electricity doesn’t have to be hard. And we give you a full guide tin our article, “How to Find Cheap Power Prices in Texas.” Or you can check our detailed “Definitive Guide to Shopping for Electricity in Texas.” But here’s a quickie version.

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.

Literally, that’s it. So easy there really isn’t a checklist. It’s that easy to find cheap electricity plans.

Or you can get a little fancy by picking plan features, like Basic Electricity (True fixed rate), Tiered Rates/Bill Credits, Free Electricity at Certain Times or 100% Renewable Energy. And you can read our full guide on “How to Find the Best Electricity Plan in Texas” based on what you are looking for.

But seriously? With inflation and belt tightening everywhere, we suggest looking at Basic Electricity 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.

You don’t need to pay a service like Energy Ogre, Power Wizard or the others to shop for you. We have discounted rates that aren’t available to the general public. And we give you the tools to shop for yourself. Keep that $120 a year in your pocket!

Want a more detailed approach on how to find cheap electricity plans? Read our article on How to Find Cheap Power Prices in Texas.