Compare Austin Electricity Rates and Companies

cheapest Electricity rates and plans in  texas
Lowest Bill
Price
10.7 ¢ kWh
Term
36 months
Avg. Bill
$107 per month
Low Rate
Price
10.5 ¢ kWh
Term
12 months
Avg. Bill
$105 per month
Respected Provider
Price
15.3 ¢ kWh
Term
24 months
Avg. Bill
$153 per month
Stable Rate
Price
15.4 ¢ kWh
Term
12 months
Avg. Bill
$154 per month
Rates as of Jan 20, 2025 at 06:30 PM

Compare Austin Electricity Rates

We've researched the best providers and plans so you can find a great electricity rate in Austin

Company Term Rate
4Change Energy 24/months 10.5¢/kWh
Gexa Energy 12/months 10.6¢/kWh
Chariot Energy 36/months 10.7¢/kWh
Discount Power 24/months 10.8¢/kWh
Cirro Energy 24/months 11.2¢/kWh
Think Energy 6/months 12.7¢/kWh
Veteran Energy 12/months 12.8¢/kWh
Constellation 12/months 13.7¢/kWh
TriEagle Energy 12/months 13.9¢/kWh
Reliant 24/months 14.5¢/kWh
Rates as of Jan 20, 2025 at 06:30 PM

Austin's Best Electricity Companies

TexasElectricityRatings, rates the top electricity companies in Austin

Rank Provider Stars Award
#1 Champion Energy Services Champion Energy Services  Medal Provider
#2 Payless Power Payless Power  Medal Provider
#3 Constellation Constellation  Medal Provider
#4 TriEagle Energy TriEagle Energy  Medal Provider
#5 Reliant Reliant  Medal Provider

Video - What is The Best Austin Electricity Rate (Winter 2025)

How to Switch Electricity Companies in Austin?

Switching Electricity companies is simple and seamless with no interruption in service.

  1. When is it Time To Switch Your Power Company: Check your electricity company contract's end date, if you're within 45 days you may forward switch, or within 14 days you can switch without penalty. Your retail electric provider is required to notify you at least 30 days before a contract expires.
  2. Compare electricity rates Austin:If you can find a cheap new rate is dramatically lower it may be worthwhile to switch early and pay the ETF. Lets say youre on a 17 cent rate and youve found a great 11 cent rate. At 2000kWh per month at 17 cents is $340 and 2000kWh at 11 cents is $220. You could save $120 in the first month - so the $60 ETF is worth taking a hit on.
  3. Switch Electricity Company: Once you find a great Austin electricity rate and want to lock it in, you can schedule a forward switch up to 45 days in advance. Ensure you get proof of switch order and date, (you should get an email) and retain any emails for your records.

Are You Moving to Austin?

Texas has a deregulated electricity market. That means Austin Electricity Companies compete for your business. Just like cellphone, Internet, Insurance and credit card companies that compete for your business. And just like those businesses there are plenty of ways that Texas electricity companies can take advantage of you, so we've made it easy. We've rated, ranked, and recommend Austin's best electricity companies and electricity plans that will make your move easy.

Getting your power turned on in Austin is easy. If your home has a smart meter, we can get your power turned on in 4-6 hours. Just enter your zip code to get started.

Compare Local Electric Rates

When shopping for electricity, you will see that rates and plan availability may vary by location. This is due to differences between local utility transmission and delivery fees.

That's why you need to enter your zip code to compare electricity rates in Austin.

Types of Energy Plans in Austin

There are basically three types of Electricity Plans available for residential customers. Houston electricity companies offer a wide range of options and terms. For the most part they are in three categories: fixed-rate and variable rate and pre-paid.

Fixed-Rate Electricity Plans in Austin

Fixed-rate plans will have a set price for the term of the contract. Regardless of weather, natural events, or market volatility, your rate will not change. Fixed-rate plans have a term length of 6, 12, 24, or 36 months. We recommend fixed-rate plans for most customers.

Variable-Rate Electricity Plans in Austin

Variable-rate plan rates may change on a monthly basis based on market factors. Variable-rate plans offer more flexibility but present more volatility in pricing. Price changes may impact your monthly electricity bill in the form of price hikes. In most cases, we do not recommend variable-rate plans.

Pre-Paid Electricity Plans in Austin

When you sign up for pre-paid electricity, no social security number and no credit check are required.

Signing up takes a few minutes and requires a small upfront payment to establish your account balance. Prepaid providers will text you to add more money as you balance changes. Or you can use your prepaid provider's app to monitor your usage and manage your budget online.

Electricity Plan Types in Austin

Now that we have explained TDSP rates, the second thing to consider is the type of electricity plans a customer can buy. Each plan will likely end up having different rate scales. There are three types of electricity plans you can choose from when selecting an energy plan that best fits your needs.

Fixed Rate Electricity Plan in Austin

Lock in low energy rates for a period of months ranging from 9 to 36. Be aware that these contracts typically charge an early termination fee if you switch before your term ends.

Variable Rate Electricity Plan in Austin

Month to month contracts with rates that vary. You won't have to worry about deposits or early termination fees, but rates can decrease or increase from month to month.

Pre-Paid Electricity Plan in Austin

You deposit money into an account that your energy company bills directly depending on your use. Keep in mind there are often daily charges with these plans. Rates typically change from month to month.

There are other kinds of plans, such as green plans, or plans that come bundled with things like Smart Thermostats, but for the most part, these three plans are the main three kinds of choices available.

Compare Business Electricity Rates in Austin?

You have the power to choose your Commercial and Small Business Electricity Rates in Austin. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.

Austin business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Austin or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.

Commercial Electricity Rates in Austin

Rates as of Jan 20, 2025 at 06:30 PM

Renewable and Green Energy Options in Austin

Over 30% of the energy produced in Texas is from renewable energy resources such as solar, and wind. In fact, Texas produces more green energy than any other state. And is one of the reasons that Texas has some of the lowest electricity rates in the US.

Every Texas energy provider has about 20% green energy in their mix of energy sources. You can see this in the Fuel Mix section of any Texas Electricity Plan EFL (Electricity Facts Label).

Most Texas electricity companies have a 100% green / renewable energy plan, where 100% of the energy you buy supports renewable energy generators. Some Austin electricity companies are exclusively green, where every plan is 100% green and prices and rates support 100% green energy and renewable generation.

The 3 types of renewable energy plans to select from:

Green energy term plans:
These are similar to traditional 3 to 12 month term plans with 100% green energy.
EV Charging Plans:
Plans targeted at EV owners that are "Time of Use" where you pay low rates at night (between 11PM and 5AM) and a higher rate during the day.
Solar Buy Back Plans:
Plans that allow homeowners who own their solar panels to sell excess power back to their provider or offset their electricity bill with excess power generated by their solar panels and may earn bill credits of up to .25 cents per kWh exported back to the grid.

Five Green Electric Plans for Austin

Company Term Rate
Gexa Energy 12/months 10.6¢/kWh
Chariot Energy 36/months 10.7¢/kWh
Think Energy 12/months 12.9¢/kWh
Rhythm 6/months 14.8¢/kWh
Champion Energy Services 24/months 16.1¢/kWh
Rates as of Jan 20, 2025 at 06:30 PM

What if I have Bad Credit or Cant Afford A deposit

There are several no deposit light companies in Austin that can get your lights on tonight. No deposit electricity plans require that you prepay for your electricity. You can order online, and deposit a small amount - generally $25-$75 and get your lights on in a few hours. Once youve ordered service, you download an app and that reminds you when you need to deposit more money to keep your lights on.

Company Term Rate
Payless Power 6/months 18.3¢/kWh
Payless Power 12/months 18.8¢/kWh
Rates as of Jan 20, 2025 at 06:30 PM
Company Term Rate
Payless Power 6/months 19.5¢/kWh
Payless Power 12/months 20.0¢/kWh
Rates as of Jan 20, 2025 at 06:30 PM

Austin Electricity Outage Information

If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance, Centerpoint Energy - 713-207-2222, Oncor Energy - 888-313-4747, AEP Central/AEP North - 866-223-8508, or TNMP - 888-866-7456

Contact the Texas Public Utilities Commission with any other concerns: PUC Customer Protection, P.O. Austin, TX 787111-3326. Phone: 1-888-782-8477, Email at customer@puc.texas.gov

Compare Business Electricity Rates in Austin?

You have the power to choose your Commercial and Small Business Electricity Rates in Austin. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.

Austin business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Austin or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.

Commercial Electricity Rates in Austin

Rates as of Jan 20, 2025 at 06:30 PM

Find rates for your zip code in Austin

FAQ: Austin Rates, Plans and Providers

What Austin Reliant electricity plans are available?

The following rates are available from Reliant

Reliant Power Savings 24 plan14.50 cents per kWh
Reliant Power Savings 12 plan14.90 cents per kWh
Reliant Basic Power 24 plan16.20 cents per kWh
Reliant Power On 24 plan16.40 cents per kWh
Reliant Conservation 24 plan16.50 cents per kWh
Reliant Power Savings 24 plan16.50 cents per kWh
Reliant Basic Power 12 plan16.80 cents per kWh
Reliant Conservation 12 plan16.90 cents per kWh
Reliant Power Savings 12 plan16.90 cents per kWh
Reliant Power On 24 plan18.00 cents per kWh
Reliant Basic Power 24 plan18.10 cents per kWh
Reliant Conservation 24 plan18.50 cents per kWh
Reliant Basic Power 12 plan18.70 cents per kWh
Reliant Conservation 12 plan18.90 cents per kWh
Reliant Power Savings 2,000 kWh 24 plan21.70 cents per kWh
Reliant Power Savings 2,000 kWh 12 plan22.30 cents per kWh
Reliant Power Savings 2,000 kWh 24 plan23.60 cents per kWh
Reliant Power Savings 2,000 kWh 12 plan24.20 cents per kWh

Constellation offers these plans in Austin

The following rates are available from Constellation

12 Month Usage Bill Credit13.70 cents per kWh
12 Month Usage Bill Credit15.80 cents per kWh

What is a cheap Gexa Energy electricity rate in Austin?

Gexa Eco Saver Plus 24 Plan is the cheapest rate from Gexa Energy. It is a 24 month plan with a rate of 10.600 cents per kWh.

You can order the Gexa Eco Saver Plus 24 Plan plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website