What are Electricity Prices in Texas Today?

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Current TX Electricity Rates

According to October 2023 EIA data, the average residential electricity rate in Texas is 14.71¢ per kWh. That’s 10% lower than the national average.

Thanks to deregulation you can choose your Texas electricity supplier and get a cheaper price. The utility delivers power to your home no matter what electricity company you choose.

Texas electricity rates on ElectricityPlans.com are updated constantly. You can compare current electricity rates and check prices from over 20 retail electricity providers.

Compare Rates to Find the Best Electricity Plans

Ready to save money with the best electricity rate for your Texas home or business?

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How to Choose the Best Electricity Plan in Texas

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How to Shop for Electricity in Texas

Texas residents and businesses have had the right to shop for electricity rates since 2002. This right of electric choice is the “Power to Choose.”

At ElectricityPlans.com we help you easily evaluate the electricity plans and electric providers available to Texas homes and businesses. We are an independent source of information with 30+ years of industry experience. We review the fine print and help you shop Texas energy plans to find the cheapest electricity rates in Texas.

To compare electricity rates, shop by zip code to find the best electricity rates in your area. Enter your average monthly usage to see your estimated bill with each plan. Plus pick from types of plans from fixed rate to solar buyback, free nights electricity and more.

Need help deciding? Read our Texas electricity plan reviews.

Our Texas Electricity Companies

4Change Energy logo
Amigo Energy
Champion Energy logo
Chariot Energy
cirro energy logo
Direct Energy Logo 2023
Discount Power TX Logo
Energy Texas a cheap electricity provider in Texas
Flagship Power logo
Frontier Utilities
Gexa Energy logo
Green Mountain Energy logo
New Power Texas
OhmConnect logo
Payless Power
Pulse Power Texas logo
reliant logo
Rhythm Energy logo
Shell Energy logo
TriEagle Energy
TXU Energy logo
Veteran Energy logo
XOOM Energy logo

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Resources to Help you Compare Electricity Rates

At ElectricityPlans.com, we are here to guide and educate as you compare Texas electricity rates and plans. Our goal is to make it easy to compare electric rates and find the best plan.

New to electricity shopping? Here are some great places to start:

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