Compare Electricity Rates and Shop For Electricity Plans
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 April 2024 update.
Read More about Cheapest Electricity Rates in Texas (April 2024)
With 2021, we expect to see low prices for long term plans and an increasing number of green energy electricity plans as Texas moves more and more generation to renewable energy.
Get current information with our Texas Electricity Trends for 2022 report.
Looking for a month-to-month cheap Texas electricity plan? You’ve found it!
Month-to-month electricity plans, also known as variable-rate plans, are subject to frequent rate changes but have no contract. This can be a convenient option for consumers that don’t want to commit or that need a short term solution for energy.
TIP: If you are moving soon, you don’t have to go month to month. You can get a fixed rate electricity plan instead. If you move before your contract expires, then your early termination fee is waived, as long a you provide a forwarding address as proof of your move.
Read More about Month to Month Electricity That’s Not Prepaid
Texas electricity rates in 2019 were relatively flat compared to the prior year. And if you were in a fixed rate contract throughout 2019, you had a secure price. But those who were on a variable rate or a wholesale index rate (i.e. Griddy Energy) had their rate explode in mid August when ERCOT hit a historic usage level.
So what will happen in 2020? It all depends. But indications are that market forces are driving up retail energy prices in the short term, and that long-term contracts might be the way to go this year.
>>Want the latest Texas electricity trends? Here are Texas Electricity Trends for 2021
