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 May 2024 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 for you 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 May 2024.
- OhmConnect Energy – OhmConnect Energy offers traditional fixed rate plans and a Half Price Nights plan. Plus you can earn rewards by conserving energy.
- Chariot Energy – Chariot Energy gives competitive prices that are 100% renewable energy backed with solar power.
- TriEagle Energy – This long-time market participant is currently offering affordable plans after being out of the game for a while.
We are entering the summer shopping season and prices are already reacting to weather forecasts. This is projected to be record-breaking summer for heat and hurricanes. Shop now to avoid rising prices.
These recommendations are for fixed rate electricity plans (no bill credits or tiered rates) and that’s also what we show below. These are straight-forward easy plans. If you are looking for bill credit or tiered rate plans, enter your zip code below to see all options.
Lowest Electricity Rates Houston Area
| Plan Name | Term | Rate/kWh |
|---|---|---|
| OhmConnect Energy TexasConnect 36 | 36 | 14.6 ¢ |
| OhmConnect Energy TexasConnect 24 | 24 | 14.7 ¢ |
| Direct Energy Live Brighter Lite 24 | 24 | 14.9 ¢ |
| OhmConnect Energy TexasConnect 12 | 12 | 15.1 ¢ |
| Chariot Energy Solarize 36 | 36 | 15.1 ¢ |
| TriEagle Energy Simple Savings 24 | 24 | 15.2 ¢ |
| TriEagle Energy Simple Savings 36 | 36 | 15.2 ¢ |
| Chariot Energy Solarize 24 | 24 | 15.3 ¢ |
| Frontier Budget Saver 24 | 24 | 15.4 ¢ |
| Rhythm Simply Select 24 | 24 | 15.4 ¢ |
| Champion Energy Services Champ Saver 12 | 12 | 15.4 ¢ |
| Direct Energy Live Brighter Lite 12 | 12 | 15.5 ¢ |
| Chariot Energy Solarize 12 | 12 | 15.6 ¢ |
| Champion Energy Services Champ Silver 24 | 24 | 15.6 ¢ |
| OhmConnect Energy GreenConnect 12 | 12 | 15.6 ¢ |
| Rhythm Simply Select 12 | 12 | 15.7 ¢ |
| Frontier Budget Saver 12 | 12 | 15.7 ¢ |
| Champion Energy Services Champ Saver 24 | 24 | 15.7 ¢ |
| TriEagle Energy Simple Savings 12 | 12 | 15.8 ¢ |
| Discount Power Wise Buy Basic 24 Online | 24 | 15.8 ¢ |
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
Lowest Electricity Rates Dallas Area
| Plan Name | Term | Rate/kWh |
|---|---|---|
| OhmConnect Energy TexasConnect 36 | 36 | 14.7 ¢ |
| OhmConnect Energy TexasConnect 24 | 24 | 14.7 ¢ |
| OhmConnect Energy TexasConnect 12 | 12 | 15.0 ¢ |
| Chariot Energy Solarize 36 | 36 | 15.1 ¢ |
| TriEagle Energy Simple Savings 24 | 24 | 15.2 ¢ |
| TriEagle Energy Simple Savings 36 | 36 | 15.2 ¢ |
| Frontier Budget Saver 24 | 24 | 15.2 ¢ |
| Discount Power Wise Buy Basic 24 Online | 24 | 15.2 ¢ |
| Chariot Energy Solarize 24 | 24 | 15.3 ¢ |
| OhmConnect Energy GreenConnect 12 | 12 | 15.4 ¢ |
| Champion Energy Services Champ Saver 12 | 12 | 15.4 ¢ |
| Frontier Budget Saver 12 | 12 | 15.5 ¢ |
| Direct Energy Live Brighter Lite 24 | 24 | 15.5 ¢ |
| Rhythm Simply Select 24 | 24 | 15.5 ¢ |
| Champion Energy Services Champ Silver 24 | 24 | 15.6 ¢ |
| Chariot Energy Solarize 12 | 12 | 15.6 ¢ |
| Champion Energy Services Champ Saver 24 | 24 | 15.7 ¢ |
| Rhythm Simply Select 12 | 12 | 15.7 ¢ |
| TriEagle Energy Simple Savings 12 | 12 | 15.8 ¢ |
| Reliant Basic Power 24 | 24 | 15.8 ¢ |
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.
- Enter your zip code
- Enter your average monthly electricity usage. (Don’t know it? The average house in Texas uses 1200 kWh a month.)
- Sort by “Rates Low to High”
- 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.