Fixed rate electricity plans are the most popular electricity plans in Texas, offering convenience and security. They’re convenient because you don’t have to monitor your usage or think about what your rate will be next month. They’re secure because they guarantee the same electricity rate every month for the duration of your contract.
How to Shop for the Best Fixed Rate Electricity Plan
There are over 40 active retail electricity providers in Texas, all offering a variety of plans. There are confusing offers, fine print, and deals that you later find out aren’t such a bargain.
That’s why we created ElectricityPlans. We work with top rated suppliers, offering you their most popular electricity plans. We help you find the deal that’s best for you and your home.
When shopping for a fixed rate electricity plan, it’s helpful to know your approximate monthly usage. Some plans offer tiered rates, bill credits for specific usage levels, or base charges for minimum usage.
The plans shown here are what we consider to be TRUE FIXED RATE plans. You don’t have to worry about hitting a minimum usage or getting tricked. These plans have a fixed rate for every kWh you use during the term of your agreement. Don’t get fooled by tiered rates and gimmicks!!
With our Electricity Bill Calculator, just enter your monthly usage to see what your average price will be. And, we’ll show your estimated monthly electric bill.
But all you really need to get started is your zip code. Enter your zip code and we’ll show you the best fixed price electricity plans in your area.
Shop Best Fixed Rate Plans Near You
Best Fixed Rate Electricity Plans in Houston Area (Centerpoint)
|Energy Texas||36 Inflation Fix||36||15.3 ¢||Details|
|OhmConnect Energy||TexasConnect 36||36||15.4 ¢||Details|
|Pulse Power||Texas Fixed 36||36||15.5 ¢||Details|
|Frontier Utilities||Smart Budget 36||36||16.3 ¢||Details|
|TXU Energy||TXU Energy Simple Rate 12||12||16.5 ¢||Details|
|Discount Power||Value Plus 36||36||16.5 ¢||Details|
|Chariot Energy||Solarize 36||36||16.7 ¢||Details|
|Energy Texas||Bigger Than Texas 24||24||16.7 ¢||Details|
|Gexa Energy||Gexa Energy Saver 36||36||16.7 ¢||Details|
|Champion Energy Services||Champ Silver 24||24||16.8 ¢||Details|
|Veteran Energy||Select 36||36||16.9 ¢||Details|
|Champion Energy Services||Champ Saver 24||24||16.9 ¢||Details|
|Pulse Power||Texas Fixed 24||24||17.0 ¢||Details|
|Frontier Utilities||Smart Budget 24||24||17.4 ¢||Details|
|Rhythm||Rhythm TX Breeze 36||36||17.4 ¢||Details|
|Gexa Energy||Gexa Energy Saver 24||24||17.4 ¢||Details|
|Cirro Energy||Smart Lock Saver 36||36||17.5 ¢||Details|
|Champion Energy Services||Green Energy 24||24||17.5 ¢||Details|
Best Fixed Rate Electricity Plans in Fort Worth Area (Oncor)
|Energy Texas||36 Inflation Fix||36||13.5 ¢||Details|
|OhmConnect Energy||TexasConnect 36||36||14.3 ¢||Details|
|Energy Texas||Bigger Than Texas 24||24||14.5 ¢||Details|
|Pulse Power||Texas Fixed 36||36||14.6 ¢||Details|
|Frontier Utilities||Smart Budget 36||36||14.9 ¢||Details|
|TXU Energy||TXU Energy Simple Rate 12||12||14.9 ¢||Details|
|Champion Energy Services||Champ Silver 24||24||15.3 ¢||Details|
|Champion Energy Services||Champ Saver 24||24||15.4 ¢||Details|
|Discount Power||Value Plus 36||36||15.5 ¢||Details|
|Frontier Utilities||Smart Budget 24||24||15.8 ¢||Details|
|Chariot Energy||Solarize 36||36||15.8 ¢||Details|
|Veteran Energy||Select 36||36||15.9 ¢||Details|
|Gexa Energy||Gexa Energy Saver 36||36||15.9 ¢||Details|
|Champion Energy Services||Green Energy 24||24||16.0 ¢||Details|
|Pulse Power||Texas Fixed 24||24||16.1 ¢||Details|
|Rhythm||Rhythm TX Breeze 36||36||16.2 ¢||Details|
|Gexa Energy||Gexa Energy Saver 24||24||16.4 ¢||Details|
|Cirro Energy||Smart Lock Saver 36||36||16.5 ¢||Details|
|Reliant Energy||Reliant Basic Power 36||36||16.5 ¢||Details|
When to Shop for a Fixed Rate Electricity Plan
We recommend shopping for a new fixed rate electricity plan when you are 30-45 days from your contract expiration date.
This lets you compare offers and find the best electricity rates for your home. You can select your start date for your new rate and plan to match your contract expiration date. You’ll want to have a new rate locked in before your contract expires.
If your contract has already expired, you are likely paying your provider’s default month to month variable rate. These rates can be 50-70% higher than what you could be paying with a fixed rate electricity plan. If you are on a default rate, don’t delay, shop immediately!
If you are moving before your electricity plan expires, you will also need to shop for an electricity plan. You can take your fixed rate electricity contract to your new home, or you can shop for a new lower electricity rate. Any early termination fee is waived when you move. Just provide a forwarding address.
Need help remembering to shop for a new fixed rate electricity plan? Sign up for our shopping reminder service. We’ll make sure you don’t forget to shop. And we’ll give you shopping tips too.
Flat Rate Electricity Plans
One new trend in Texas is the Flat Rate Electricity Plan. This type of plan offers the same bill amount every month for the term of the agreement. So it’s not the rate that’s fixed. It’s the amount of the bill that’s fixed. This can be great for budgeting.
Here’s the trick to flat rate or flat bill offerings. They usually only benefit the retailer, not the customer.
Most consumers don’t remember what they pay for a summer or winter bill. They see a flat bill amount and think, “That looks reasonable vs. what I’m paying now.” But they’re forgetting that they only pay those high summer bills for 4 months out of the year. Your bill in the spring, fall and winter is a lot less. And that’s how you get locked in to paying too much.
Flat rate or flat bill offerings can be what we call a Texas teaser rate. These are rates that look good… but only if you meet specific criteria. Make sure you understand your monthly usage and average usage before using flat rate electricity plans. If your usage is a good fit for this type of fixed rate plan, you can get a great deal!
Shop Flat Rate Electricity Plans In Your Area
Alternatives to Fixed Rate Electricity Plans
As we said, most consumers in Texas prefer the security of a fixed rate plan. But there are plenty of other options to pick from.
- Plans that offer free electricity at certain times are also known as time-of-use plans. You’ll pay nothing for your electricity during free weekends or free nights, then a higher rate during the other time periods. If you are aren’t home much during the week or not home until after 7pm weekdays, these could be a great option. These are Index plans, not Fixed price plans, because there’s a different rate depending on the time of day or day of week.
- Are you credit challenged or prefer to pay-as-you-go? Consider prepaid electricity plans. These are usually variable rate plans. You’ll receive notifications when your pre-payment is running low, allowing you to top-off your account. And many providers will also let you convert to a standard fixed rate plan after you have established good payment history with them.
If you want to learn more, read this article on the differences between fixed, variable and index rates.