Compare Fixed Rate Electricity Plans in Texas

True Fixed Rate Electricity Plans | No Gimmicks

  • Written By: Rebecca Bridges
  • Edited By: Shannon Bedrich
  • No bill credits or tiered rates. Had enough of the gimmicks and misleading advertised prices? Here you will only see true fixed rate plans. No usage requirements, no surprises, no hidden math.

    Shop Basic (No Gimmicks) Fixed Rate Plans Near You

    What is a Fixed Rate Electricity Plan?

    A fixed-rate electricity plan gives you the same rate per kilowatt hour of energy for the term of your agreement. The energy portion of your rate is fixed. Delivery charges are not fixed and your supplier passes those through at cost. You’ll get predictable bills and protection from price spikes.

    ⚠️Under definitions from the Public Utility Commission of Texas, bill credit and tiered rate plans are considered fixed rates. These plans look incredibly cheap at the advertised price of 1000 kWh. But miss that usage level and you’ll pay a different price. Rates on this page are true fixed rate plans. ElectricityPlans lets you filter by “Basic Fixed Rate” or BillSmart Plan Score 5/5 to see true fixed rate plans.

    Why Choose a Fixed Rate Plan?

    • Security: Same price per kWh for your entire contract term
    • Convenience: No need to monitor your usage to hit certain levels.
    • Stability: You’re protected against market changes

    Why Avoid a Bill Credit or Tiered Rate Plan?

    Bill credit and tiered rate plans are a math trick. They’re designed to look cheap at exactly 500, 1000 or 2000 kWh. We hear all the time from people like you who thought they were getting a cheap rate, only to find that advertised rate was hiding the truth. At ElectricityPlans, we encourage you to shop based on usage. Use the BillSmart Calculator or CostCurve and you’ll see the effective rate, what you’ll actually pay based on your usage.

    When to Shop for a New Fixed Rate Plan?

    Here’s when you should shop for a new fixed rate plan:

    • When your contract is expiring. Shop 30-45 days prior to your contract expiration. This lets you compare offers and find the best electricity rates for your home. Select a start date that matches your contract expiration date. Shop your renewal every time for the best savings.
    • If your contract has already expired. You are paying your provider’s month to month variable rate. These rates can be 50% higher than a fixed rate electricity plan.
    • When prices have dropped: That great deal doesn’t look so good when prices have dropped. Look for companies that reimburse your early termination fee.
    • When you are moving. If you’re moving before your electricity plan expires, you can shop for a new lower electricity rate. Your early termination fee is waived when you move. Just provide a forwarding address.

    Pro Tip: Sign up for our shopping reminder service and never miss another contract expiration date.

    Frequently Asked Questions About Fixed Rate Plans

    Why is the advertised rate different from what I actually pay?

    The advertised rate is an average price per kWh at a specific usage level. It includes the fixed rate per kWh for energy, any bill credits or monthly fees, plus your delivery charges. Bill credits and tiered rates can be engineered to look cheap at exactly 500, 1000 or 2000 kWh. ElectricityPlans has exclusive tools that let you shop based on your actual usage, so you see your effective rate, i.e. what you actually pay.

    Why are bill credit and tiered rate plans considered fixed rate plans?

    Under Public Utility Commission of Texas rule §25.475, there are three types of “fixed rates”: basic fixed, tiered, and bill credit. Plans with bill credits and tiered rates are considered fixed rate electricity plans because the energy portion of the electricity plan is fixed at a set price per kWh for the term of your agreement.

    Why do some plans look cheaper than these rates?

    If you see an electricity plan with an advertised rate under 10 cents per kWh, it’s actually a bill credit or tiered rate plan. These plans are considered fixed rates, but are full of gimmicky math to make them look cheap at a specific usage level. Your bill will never match that advertised price. ElectricityPlans recommends basic fixed rate plans and provides exclusive tools that let you shop by usage so you see what you’ll actually pay.

    How do you find a fixed rate electricity plan with no gimmicks?

    At ElectricityPlans, we recommend basic fixed rate plans, which are plans with no bill credits or tiered rates. For ease of shopping, select Basic Fixed Rate plans as a plan feature, or simply filter by BillSmart Plan Score of 5/5 (Basic Fixed Rate with no monthly fee) or 4/5 (Basic Fixed Rate with monthly base fee).

    Who is Electricity Plans.com?

    ElectricityPlans.com is an independent electricity comparison platform that helps Texans avoid expensive electricity mistakes by showing what plans really cost, before you enroll. Our BillSmart Low Bill Finder, BillSmart Plan Score, and CostCurve tools cut through misleading advertised rates and reveal the true cost of every plan based on your usage, all with no provider influence, no paid placement, and transparent pricing that’s the same or better than what you’ll find on the provider’s site.

    About Rebecca Bridges

    Rebecca Bridges has worked in deregulated energy markets since 2001. As chief marketing officer for ElectricityPlans, she focuses on helping consumers save on their electricity bills and find the best electricity plans. Outside of work, Rebecca uses her marketing experience to support dog rescue and can often be found hiking or biking local trails.

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