Electricity prices are not what they used to be. Long gone are the days of 10 cent energy plus delivery rates in Texas. If you’re shopping electricity rates, it helps to know how electricity rates have changed over time. This Texas electricity rates history gets you prepared for your next shopping cycle.
Have Electricity Rates Gone Up In Texas?
Yes, electricity prices have gone up in Texas.
In January 2021, the average price for a 12 month electricity plan was 10¢ per kWh, based on 1000 kWh a month. In December 2024, the average price was nearly 16¢ per kWh. That’s a a 60% increase in electricity costs over a 4 year period.
The graph below reveals this upward trend in electricity rates for Texas homes, tracking the average price for electricity in Texas.
Graph – Average Residential Electricity Rates in Texas, 2021 to Present
This graph shows the average price per kWh for 12 month electricity plans based on 1000 kWh per hour. This is an average across all Texas electricity markets.
Chart – Average Residential Electricity Rates in Texas, 2021 to Present
This chart shows the same information, so you can see all the data points and draw your own conclusions.
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| January | 15.67 | 16.54 | 16.80 | 12.14 | 9.98 |
| February | 15.77 | 16.68 | 16.65 | 12.53 | 10.23 |
| March | 16.03 | 16.13 | 15.35 | 12.65 | 10.14 |
| April | 16.88 | 16.28 | 14.98 | 13.78 | 10.08 |
| May | 16.7 | 17.00 | 14.32 | 16.70 | 10.08 |
| June | 17.88 | 14.03 | 18.38 | 10.38 | |
| July | 17.76 | 14.28 | 18.90 | 10.80 | |
| August | 16.88 | 15.28 | 19.68 | 11.08 | |
| September | 16.26 | 16.20 | 19.65 | 11.58 | |
| October | 16.25 | 16.24 | 18.04 | 11.83 | |
| November | 16.00 | 16.28 | 17.30 | 11.92 | |
| December | 15.94 | 16.35 | 16.90 | 12.10 |
Why Have Electricity Prices Risen in Texas?
Several factors have impacted Texas electricity prices:
- Regulatory changes that have driven up wholesale costs and increased financial risk for retailers; that cost is passed on to consumers.
- Increasing electricity demand is outpacing the ability to build new generation assets
- Changing weather patterns; each year we set new records for hottest year or hottest month.
- Higher delivery charges and distribution fees. Your average price per kilowatt hour includes energy and delivery.
Consumers that want to reduce their electricity bill should shop for the lowest fixed rate plan available, and implement energy efficiency measures to save on electricity.
You can view our full analysis of Texas electricity trends in our article on that topic.
What are Current Electricity Rates Near Me?
Averages make it easy to perform statistical analysis and create pretty charts. But you can’t buy rates that aren’t offered anywhere.
That’s where we come in. ElectricityPlans helps you compare electricity rates in your area. Simply enter your zip code to get started. Then enter your average usage to see what you’ll pay. It’s electricity shopping made easy, and it’s what we’re all about.
Enter your zip code to see rates near you.
Related Content: How Much is the Average Electricity Bill in Texas?
