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Will Electricity Prices Fall this Fall in Texas?

We get questions like this all the time from customers, friends and neighbors. Will electricity prices fall this fall?

Normally we would say, of course! Electricity prices always drop in the fall in Texas. And this year is no exception, based on what we’re seeing with pricing. Prices are dropping… just not as far as we all hoped.

This article was written in Summer 2022. See our Texas Electricity Rate Trends 2023 article for the latest electricity price forecast for 2023.

Cheapest Electricity Rates & Plans in Texas (May 2026)

Last Updated May 15, 2026

Finding the cheapest electricity rates in Texas doesn’t have to be a chore or require tons of research. Every month, we update our recommendation for the top three cheapest electricity companies in Texas, and highlight the cheapest electricity rates in your area. Here’s the May update.

Why are Texas Electricity Prices So High?

In 2022, we had some of the highest electricity prices since deregulation. But now? Prices have come down by 30% or more vs. last year.

Here’s a recap on why prices are so high some years (and during the summer) and some strategies on how to get the best price for your home or business.

Texas Electricity Trends for 2022

Texas electricity rates in 2022 continue to show the greatest value with long terms plans. The other big trend? More green energy electricity plans as Texas moves generation to renewable energy.

(In a hurry? Jump right to our recommendations on the best residential Texas electricity plan for 2022.)

How to Use an Energy Broker for Commercial Electricity

A commercial energy broker can help your business save money on energy costs, manage contract renewals, and find the best energy solution. They can also advise you on various energy plans and contract terms, saving you a significant amount of time.

Texas Electricity Companies with a Satisfaction Guarantee

Last Updated April 28, 2026

How can Texas residents compare electricity plans without getting locked into a bad contract? First, read the fine print on the plan. The more complex it is, the less likely you’re getting a good deal. Second, look for an electricity plan with a satisfaction guarantee. A guarantee lets you switch away or switch to a new plan with no early termination penalty.

That’s why we like these electricity companies with a satisfaction guarantee. With electricity prices higher than they’ve ever been, a satisfaction guarantee gives you a chance to shop around.

SUMMARY: These Texas electricity companies offer guarantees are from 30-90 days and let you switch to a new plan if you don’t like your initial plan choice (or if prices go down) with no early termination fee. Some providers will give you the option of switching away with no early termination fee. As always, read the fine print of any offer.

How to Compare Plans to find the Best Electricity Rates in Texas

Looking for the best electricity rates in Texas? Use our guide to find the best power prices for you, what to look for in an electricity plan and step by step process to compare electricity plans.

Electricity Bill Calculator – How to Get the Best Electricity Rate

With the Electricity Bill Calculator you can easily see how much you’ll pay for your electricity based on your usage. No need for an XLS to compare electricity prices in Texas.

Enter your monthly kWh usage and we’ll calculate an estimated bill and price per kilowatt hour for every electricity rate on our site. That’s how to find the best electricity plan for your home.

Texas Electricity Trends for 2020

Last Updated January 27, 2021

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

How to Find Cheap Power Rates in Texas

Last Updated May 15, 2026

Want to know what is the cheapest electricity company in Texas? There’s many ways you can search for it. “Cheap power near me.” “Cheap electricity for my home.” “Best Electricity Plan in <city> Texas.”

Energy rates in Texas vary on location. You’ll need to shop by your zip code and usage level to compare options and find the cheapest power rates. ElectricityPlans is an energy price comparison website that helps you compare energy providers in the Texas market and win at the electricity shopping game.

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