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TexasShopping basicsChecked Oct 14, 2026

What are the cheapest electricity plans in Texas this week?

Some of the lowest rates you see only work if you use 1,000 kWh or more a month. We rank this week’s plans from the state’s Power to Choose list by what they would cost at your usage, delivery included.

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Published 12 min readBy The Day Company review team · How we verify figuresEn español
6 areasOne table for each delivery area
$59–$85 a monthDelivery alone at 1,000 kWh
Short answer

The cheapest Texas electricity plan is the one with the lowest total cost at your usage, delivery included. That’s often not the plan with the lowest 1,000 kWh price, which can hide a bill credit. For the week of October 14, 2026, we checked 932 offers on the state’s Power to Choose list and flagged those traps.

October 4, 2026: Oncor’s per-kWh delivery charge rose to 6.8673¢, on top of $4.06 a month. Its filing in PUCT Docket 59249 calls these temporary rates. In CenterPoint’s area, fact labels went from 5.1461¢ per kWh in July to 6.5333¢ by September 30. A fixed plan can pass these increases on to you, so check the date on any fact label.
Want the plan that’s cheapest for your home?

Price it at your own usage, not at 1,000 kWh.

  1. Find your monthly kWh on your last few bills.
  2. Pick your area and usage in our ranking tool.
  3. Open the top plan’s fact label and check any flag before you sign.
Find my cheapest plan →
932Plan offers checked this week, in 6 delivery areas
$120A year for each 1¢ per kWh, at 1,000 kWh a month
$59–$85Delivery alone at 1,000 kWh, by area
15.88¢Texas average home price per kWh, July 2026

Built on public data from the PUCT’s Power to Choose plan list (week of October 14, 2026), the plans’ own fact labels, Texas rule 16 TAC §25.475, Oncor’s filing in PUCT Docket 59249, utility delivery charges and EIA price data. Checked October 14, 2026.

01 · Your cheapest plan

Which electricity plan is cheapest for your usage this week?

The cheapest plan for you is the one with the lowest monthly cost at your own usage. This tool ranks this week’s plans of 12 months or more by that cost, delivery included. Pick your area and usage.

Not sure which one serves you? Find your utility.

Cheapest for you, week of October 14, 2026
1
SimpleSaver 12APG&E · 12 months · Credit or fee
$69.006.9¢ per kWh
2
GridPlus 12Chariot Energy · 12 months · Credit or fee
$71.007.1¢ per kWh
3
Flash Value 12Express Energy · 12 months · Credit or fee
$74.007.4¢ per kWh
Watch the “Credit or fee” tag. Those plans get their low price only in a set usage range, so a lighter month can cost far more.

Pay the Texas average of 15.88¢ per kWh instead and you’d spend about $1,078 more a year at 1,000 kWh.

Costs are estimates before taxes, built from each plan’s own fact-label prices. Between 500, 1,000 and 2,000 kWh we draw a straight line. A bill credit counts from the usage where the fact label first shows it. Prepaid and time-of-use plans aren’t ranked. The Texas average, 15.88¢ per kWh in July 2026, is from the U.S. Energy Information Administration. Nothing you enter is saved or sent anywhere.

See plans that fit my usage

Partner toolWe may earn a fee if you sign up. It never changes our scores.

Partner offerAnother option, not the cheapest

Want more than a low rate? One company’s fixed-rate plans take $10 off each bill, up to $120 a year, for letting it nudge your smart thermostat on a few high-demand days. In 503 Houston and Dallas–Fort Worth ZIP codes, it can also install a whole-home backup battery with no upfront installation cost.

Find my best fit in 6 taps →

We earn a fee if you sign up through our partner guide. We never score companies that pay us.

Next: see every plan on this week’s lists →

02 · This week’s lists

What are the cheapest plans in each Texas delivery area?

For the week of October 14, 2026, these are the cheapest plans in each Texas area open to shopping. We picked them from 932 offers on the state’s Power to Choose list. Plain plans of 12 months or more come first.

Words to knowkWh: the unit your power use is measured in. Your bill shows it.Delivery utility: the company that owns the poles and wires, like Oncor. You can’t pick it.Fact label: the one-page price sheet each plan has to post. Here’s how to read one.Bill credit: money off your bill, but only when your use lands in a set range.
Oncor Dallas–Fort Worth area
Cheapest residential plans this week in Oncor’s delivery area, from Power to Choose
CompanyPlanTerm500 kWh1,000 kWh2,000 kWhFlagFact label
True PowerTrue Value 1212 mo12.4¢12.0¢11.8¢NoneLabel for True Value 12
APG&ETrueClassic 12- Web Enrollment Only12 mo12.5¢12.1¢11.9¢NoneLabel for TrueClassic 12- Web Enrollment Only
Express EnergySpeedy 1212 mo12.6¢12.2¢12.0¢NoneLabel for Speedy 12
Veteran EnergyBasic 1212 mo12.6¢12.2¢12.0¢NoneLabel for Basic 12
Energy TexasNo Bull 1212 mo12.4¢12.4¢12.5¢NoneLabel for No Bull 12
RhythmDigital Choice 1212 mo12.4¢12.4¢12.5¢NoneLabel for Digital Choice 12
APG&ESimpleSaver 1212 mo19.8¢6.9¢12.9¢Credit or feeLabel for SimpleSaver 12
Chariot EnergyGridPlus 1212 mo20.0¢7.1¢13.2¢Credit or feeLabel for GridPlus 12
Express EnergyFlash Value 1212 mo20.3¢7.4¢13.5¢Credit or feeLabel for Flash Value 12
Spark EnergySure Saver 1212 mo18.3¢7.9¢12.7¢Credit or feeLabel for Sure Saver 12
APG&ESimple Saver 33 mo19.1¢6.2¢12.2¢Credit or feeUnder 6 monthsLabel for Simple Saver 3
Ranchero PowerNo Contract AdvantageMonth to month10.9¢9.9¢9.5¢VariableLabel for No Contract Advantage
Southern Federal PowerVariable AdvantageMonth to month10.9¢9.9¢9.5¢VariableLabel for Variable Advantage
CenterPoint Houston area
Cheapest residential plans this week in CenterPoint’s delivery area, from Power to Choose
CompanyPlanTerm500 kWh1,000 kWh2,000 kWhFlagFact label
True PowerTrue Value 1212 mo12.3¢11.8¢11.6¢NoneLabel for True Value 12
APG&ETrueClassic 12- Web Enrollment Only12 mo12.4¢11.9¢11.7¢NoneLabel for TrueClassic 12- Web Enrollment Only
Express EnergySpeedy 1212 mo12.6¢12.1¢11.9¢NoneLabel for Speedy 12
Veteran EnergyBasic 1212 mo12.6¢12.1¢11.9¢NoneLabel for Basic 12
Energy TexasNo Bull 1212 mo12.3¢12.3¢12.3¢NoneLabel for No Bull 12
RhythmDigital Choice 1212 mo12.3¢12.3¢12.3¢NoneLabel for Digital Choice 12
APG&ESimpleSaver 1212 mo19.9¢6.9¢12.9¢Credit or feeLabel for SimpleSaver 12
Chariot EnergyGridPlus 1212 mo20.0¢7.0¢13.0¢Credit or feeLabel for GridPlus 12
Express EnergyFlash Value 1212 mo20.6¢7.6¢13.6¢Credit or feeLabel for Flash Value 12
Spark EnergySure Saver 1212 mo18.8¢8.3¢13.0¢Credit or feeLabel for Sure Saver 12
APG&ESimple Saver 33 mo19.2¢6.2¢12.2¢Credit or feeUnder 6 monthsLabel for Simple Saver 3
Ranchero PowerNo Contract AdvantageMonth to month10.7¢9.7¢9.3¢VariableLabel for No Contract Advantage
Southern Federal PowerVariable AdvantageMonth to month10.7¢9.7¢9.3¢VariableLabel for Variable Advantage
AEP Texas Central
Cheapest residential plans this week in AEP Texas Central’s delivery area, from Power to Choose
CompanyPlanTerm500 kWh1,000 kWh2,000 kWhFlagFact label
True PowerTrue Value 1212 mo11.4¢11.0¢10.9¢NoneLabel for True Value 12
Express EnergySpeedy 1212 mo11.5¢11.2¢11.0¢NoneLabel for Speedy 12
Veteran EnergyBasic 1212 mo11.5¢11.2¢11.0¢NoneLabel for Basic 12
Energy TexasNo Bull 1212 mo11.1¢11.2¢11.3¢NoneLabel for No Bull 12
RhythmDigital Choice 1212 mo11.1¢11.2¢11.3¢NoneLabel for Digital Choice 12
Companion EnergyCompanion + Perks 1212 mo11.7¢11.3¢11.2¢NoneLabel for Companion + Perks 12
APG&ESimpleSaver 1212 mo19.1¢6.3¢12.4¢Credit or feeLabel for SimpleSaver 12
Chariot EnergyGridPlus 1212 mo19.2¢6.3¢12.4¢Credit or feeLabel for GridPlus 12
Express EnergyFlash Value 1212 mo19.6¢6.8¢12.9¢Credit or feeLabel for Flash Value 12
Spark EnergySure Saver 1212 mo18.3¢8.0¢12.8¢Credit or feeLabel for Sure Saver 12
APG&ESimple Saver 33 mo18.5¢5.7¢11.8¢Credit or feeUnder 6 monthsLabel for Simple Saver 3
Ranchero PowerNo Contract AdvantageMonth to month9.5¢8.6¢8.2¢VariableLabel for No Contract Advantage
Southern Federal PowerVariable AdvantageMonth to month9.5¢8.6¢8.2¢VariableLabel for Variable Advantage
AEP Texas North
Cheapest residential plans this week in AEP Texas North’s delivery area, from Power to Choose
CompanyPlanTerm500 kWh1,000 kWh2,000 kWhFlagFact label
True PowerTrue Value 1212 mo11.6¢11.2¢11.1¢NoneLabel for True Value 12
Express EnergySpeedy 1212 mo11.6¢11.3¢11.1¢NoneLabel for Speedy 12
Veteran EnergyBasic 1212 mo11.6¢11.3¢11.1¢NoneLabel for Basic 12
APG&ETrueClassic 1212 mo11.8¢11.5¢11.3¢NoneLabel for TrueClassic 12
Energy TexasNo Bull 1212 mo11.5¢11.6¢11.7¢NoneLabel for No Bull 12
RhythmDigital Choice 1212 mo11.5¢11.6¢11.7¢NoneLabel for Digital Choice 12
APG&ESimpleSaver 1212 mo19.2¢6.4¢12.5¢Credit or feeLabel for SimpleSaver 12
Chariot EnergyGridPlus 1212 mo19.3¢6.4¢12.5¢Credit or feeLabel for GridPlus 12
Express EnergyFlash Value 1212 mo20.3¢7.4¢13.5¢Credit or feeLabel for Flash Value 12
Spark EnergySure Saver 1212 mo18.6¢8.3¢13.1¢Credit or feeLabel for Sure Saver 12
APG&ESimple Saver 33 mo19.0¢6.2¢12.3¢Credit or feeUnder 6 monthsLabel for Simple Saver 3
SmartEnergySmartGreen 33 mo10.5¢9.7¢9.3¢Under 6 monthsLabel for SmartGreen 3
Energy TexasNo Bull 33 mo9.6¢9.7¢9.8¢Under 6 monthsLabel for No Bull 3
TNMP Texas-New Mexico Power
Cheapest residential plans this week in TNMP’s delivery area, from Power to Choose
CompanyPlanTerm500 kWh1,000 kWh2,000 kWhFlagFact label
Express EnergySpeedy 1212 mo12.3¢11.6¢11.2¢NoneLabel for Speedy 12
Veteran EnergyBasic 1212 mo12.3¢11.6¢11.2¢NoneLabel for Basic 12
True PowerTrue Value 1212 mo14.5¢13.7¢13.3¢NoneLabel for True Value 12
Companion EnergyCompanion + Perks 1212 mo14.7¢13.9¢13.6¢NoneLabel for Companion + Perks 12
Energy TexasNo Bull 1212 mo14.2¢13.9¢13.8¢NoneLabel for No Bull 12
RhythmDigital Choice 1212 mo14.2¢13.9¢13.8¢NoneLabel for Digital Choice 12
Chariot EnergyGridPlus 1212 mo22.5¢9.2¢15.1¢Credit or feeLabel for GridPlus 12
APG&ESimpleSaver 1212 mo22.6¢9.3¢15.2¢Credit or feeLabel for SimpleSaver 12
Express EnergyFlash Value 1212 mo23.0¢9.7¢15.6¢Credit or feeLabel for Flash Value 12
Spark EnergySure Saver 1212 mo21.7¢10.9¢15.5¢Credit or feeLabel for Sure Saver 12
APG&ESimple Saver 33 mo21.3¢8.0¢13.9¢Credit or feeUnder 6 monthsLabel for Simple Saver 3
Ranchero PowerNo Contract AdvantageMonth to month12.4¢11.1¢10.5¢VariableLabel for No Contract Advantage
Southern Federal PowerVariable AdvantageMonth to month12.4¢11.1¢10.5¢VariableLabel for Variable Advantage
Lubbock Power & Light Lubbock city limits
Cheapest residential plans this week in Lubbock Power & Light’s delivery area, from Power to Choose
CompanyPlanTerm500 kWh1,000 kWh2,000 kWhFlagFact label
APG&ETrueClassic 1212 mo11.9¢11.9¢11.9¢NoneLabel for TrueClassic 12
True PowerTrue Value 1212 mo11.9¢11.9¢11.9¢NoneLabel for True Value 12
Southern Federal PowerSoFed Easy Out Fixed - 1515 mo12.6¢12.1¢11.9¢NoneLabel for SoFed Easy Out Fixed - 15
Companion EnergyCompanion + Perks 1212 mo12.1¢12.1¢12.1¢NoneLabel for Companion + Perks 12
Frontier UtilitiesFrontier Power Saver 1212 mo12.1¢12.1¢12.1¢NoneLabel for Frontier Power Saver 12
APG&ESimpleSaver 1212 mo20.2¢7.7¢14.0¢Credit or feeLabel for SimpleSaver 12
Chariot EnergyGridPlus 1212 mo20.4¢7.9¢14.2¢Credit or feeLabel for GridPlus 12
APG&ESimple Saver 33 mo22.3¢9.8¢16.1¢Credit or feeUnder 6 monthsLabel for Simple Saver 3
Amigo EnergySustainable Lifestyle - 33 mo11.4¢11.0¢10.8¢Under 6 monthsLabel for Sustainable Lifestyle - 3
Just EnergySustainable Living Bundle - 33 mo11.4¢11.0¢10.8¢Under 6 monthsLabel for Sustainable Living Bundle - 3

Prices are each plan’s fact-label averages in cents per kWh, as posted on Power to Choose for the week shown. Delivery is in; taxes are out. A plan sold only on a company’s own website won’t show up here.

New to the state’s list? Here’s how Power to Choose works. Moving soon? Start with how to set up electricity at a new home. Prices for your city: Houston, Dallas, Fort Worth, Arlington, Plano, Corpus Christi and Lubbock.

Prices change all the time, and companies can post new plans any day. Before you sign, check the offers for your own ZIP code.

03 · The 1,000 kWh trap

Why can the cheapest 1,000 kWh price fool you?

On October 14, 2026, Power to Choose’s lowest 1,000 kWh price in all six areas came from a bill-credit plan. Fact labels must list prices at 500, 1,000 and 2,000 kWh. A credit that starts at 1,000 kWh pulls that middle number way down.

Two example plans in Oncor’s area: price per kWh at three usage levels
Plan A: one plain pricePlan B: $125 bill credit from 1,000 to 2,000 kWh
500 kWh
Plan A
13.5¢
Plan B
19.9¢
1,000 kWh, the “headline” price
Plan A
13.1¢
Plan B
7.0¢
2,000 kWh
Plan A
12.9¢
Plan B
13.0¢

Example plans, not real offers. Plan A charges 5.8¢ per kWh. Plan B charges 12.2¢ per kWh, minus $125 when you use 1,000 to 2,000 kWh. Both add Oncor delivery from October 4, 2026, befroe taxes. Bars start at 0¢; a full bar is 20¢.

+$57.60Plan B’s extra cost in a 900 kWh month, when it misses the credit
−$61.00Plan B’s savings at exactly 1,000 kWh
+$3.00Plan B’s extra cost at 2,000 kWh, even with the credit

Plan B’s 1,000 kWh price is about half of Plan A’s. Yet Plan B only comes out ahead from 1,000 kWh to about 1,950 kWh. Your use rises and falls with the weather. A mild month can drop you below the credit, and a hot one can push you past it.

A usage fee works the same way. Take Direct Energy’s Live Brighter 1K+ 24 plan in CenterPoint’s area. Its fact label, dated September 30, 2026, lists a $9.95 charge in any month under 1,001 kWh.

What 1¢ is worth: at 1,000 kWh a month, a price that’s 1¢ per kWh lower saves you about $120 a year. Compare all three prices, or rank plans at your own usage with the tool above.

Use less than 1,000 kWh most months? See electricity for apartments. Already on a “cheap” plan and your bill jumped? Read why your bill is so high.

Keep readingBill credit plans: what you’d really pay, month by month

Next: what delivery adds in your part of Texas →

04 · Delivery by area

How much does delivery add in each part of Texas?

At 1,000 kWh, October 2026 delivery charges run from $59 a month (AEP Texas North) to $85 (TNMP). Every company in your area pays the same delivery charge and passes it on to you.

Home delivery charges by area, October 2026
Delivery areaPer monthPer kWhAt 1,000 kWhMore on it
OncorTemporary rates since October 4, 2026$4.066.8673¢$72.73Oncor rates
CenterPointOn fact labels by September 30, 2026$4.906.5333¢$70.23CenterPoint rates
AEP Texas Central$3.245.6898¢$60.14AEP Texas
AEP Texas North$3.245.5751¢$58.99AEP Texas
TNMP$7.567.7710¢$85.27TNMP
Lubbock Power & LightOpen to shopping since 2024$0.006.3120¢$63.12Lubbock electricity

Home delivery charges in October 2026, before taxes. From utility filings, plan fact labels and a retail company’s charge list updated October 4, 2026 (see Sources).

Delivery cost alone at 1,000 kWh a month, October 2026
TNMP
$85.27
Oncor
$72.73
CenterPoint
$70.23
Lubbock
$63.12
AEP Central
$60.14
AEP North
$58.99

The monthly charge plus 1,000 kWh times the per-kWh charge, before taxes. Bars start at $0; a full bar is $90.

That’s why the same company can post a different price in each area. Some companies show delivery as its own line on your bill. Others fold everything into one price per kWh. Either way, it’s inside the fact-label prices in our tables.

Why an older fact label can be wrong: a label shows delivery as of the day it was printed. Texas rules let a fixed-price plan pass on real changes in delivery charges, so your bill can run higher than an old label says.

Can’t tell which area you’re in? Our guide to who your electric utility is sorts it out by address.

05 · Costs later

Which cheap plans can cost you more later?

Three cheap-looking choices can cost more later: 3-month plans, variable rates and letting a contract run out. On October 14, 2026, 111 of the state’s 932 listed offers were 3-month plans.

  1. 1
    3-month plans

    Three months is the shortest fixed-price plan Texas allows. On a plan of 4 months or less, the last renewal notice can arrive just 15 days before it ends. We flag every plan shorter than 6 months.

  2. 2
    Variable rates

    A variable price can change every month. For homes, it can only come on a month-to-month plan. And since February 1, 2022, companies can’t offer homes a plan tied to a price index, like wholesale prices. See fixed or variable rate?

  3. 3
    Doing nothing at the end

    Let a fixed plan run out, and you move to a month-to-month plan. You can leave it any time without a fee, but its price can change each month.

A low price for 3 months is only a deal if prices are still low when it ends. A 12-month plan keeps your price set through summer and winter. Only a few changes the rules allow, like delivery, can move it.

Prepaid plans get their own table

Prepaid plans work differently. You pay ahead, so Texas rules don’t let the company ask for a deposit. But it can cut your power when your balance runs low, after a warning 1 to 7 days ahead. On October 14, 2026, just 24 of the state’s 932 listed offers were prepaid. They came from two companies, and none were in Lubbock.

Our guide to no-deposit and prepaid plans covers the rest (also en español). Need power fast? Here’s how to get power turned on the same day. Behind on a bill? See help paying your electric bill.

Lowest-priced prepaid plans this week Two per area
Lowest-priced prepaid plans by delivery area this week, from Power to Choose
AreaCompanyPlanTerm500 kWh1,000 kWh2,000 kWhFact label
OncorPronto PowerPower To ChooseMonth to month18.5¢16.9¢16.1¢Label for Power To Choose
OncorPayless PowerPTC 6 Month - Prepaid6 mo17.6¢17.2¢17.0¢Label for PTC 6 Month - Prepaid
CenterPointPronto PowerPower To ChooseMonth to month17.6¢15.9¢15.1¢Label for Power To Choose
CenterPointPayless PowerPTC 6 Month - Prepaid6 mo17.4¢16.9¢16.7¢Label for PTC 6 Month - Prepaid
AEP Texas CentralPayless PowerPTC 6 Month - Prepaid6 mo16.3¢16.0¢15.9¢Label for PTC 6 Month - Prepaid
AEP Texas CentralPayless PowerPTC 12 Month - Prepaid12 mo16.6¢16.3¢16.2¢Label for PTC 12 Month - Prepaid
AEP Texas NorthPayless PowerPTC 6 Month - Prepaid6 mo16.6¢16.3¢16.1¢Label for PTC 6 Month - Prepaid
AEP Texas NorthPronto PowerPower To ChooseMonth to month17.9¢16.4¢15.7¢Label for Power To Choose
TNMPPronto PowerPower to ChooseMonth to month19.4¢17.4¢16.4¢Label for Power to Choose
TNMPPayless PowerPTC 6 Month - Prepaid6 mo19.7¢18.9¢18.5¢Label for PTC 6 Month - Prepaid
LubbockNo prepaid plans on the list this week.

Plan names are each company’s own, as listed on Power to Choose. “Month to month” means a variable price that can change every month.

Free nights plans aren’t in our tables. Their three prices assume you use a set share of power in each time block. One time-of-use label we read assumes 24% of use lands in its cheapest hours. Your real price depends on your own pattern, so see free nights plans instead.

Next: the rules we use to rank every plan →

06 · How we pick

How do we pick the cheapest plans each week?

We pick the cheapest plans with the same six rules every week. For the week of October 14, 2026, we ran them on all 932 offers on the state’s list.

No company can pay for a spot in these tables. Ads and any partner referral fees help fund the site, but neither has any say in our scores or picks.
  1. 1
    Plans of 12 months or more come first

    Their price is fixed for a year or more. Plain ones come first, then flagged ones. Shorter plans come last, 6 to 11 months before the rest. In each group, the lowest 1,000 kWh price leads.

  2. 2
    Cost at your usage, delivery in

    We start from each plan’s fact-label prices. By Texas rule, those include every recurring charge, delivery too, but not sales taxes. The tool turns them into a monthly cost at your usage.

  3. 3
    A flag for credits and fees

    A plain plan’s cost climbs at a steady pace as you use more. If the pace changes between 500, 1,000 and 2,000 kWh, the plan gets a “Credit or fee” flag. A bill credit, a fee for low use or a tiered price does that.

  4. 4
    Flags for short terms

    Fixed plans under 6 months get an “Under 6 months” flag. Month-to-month variable plans get a “Variable” flag.

  5. 5
    Prepaid on its own

    Prepaid plans get their own table: the two cheapest per area at 1,000 kWh. Time-of-use plans, like free nights, stay out of every table.

  6. 6
    Same rules every week

    Each area table lists up to 15 plans. From plans of 12 months or more, we take the four cheapest at each of 500, 1,000 and 2,000 kWh. A plan on two of those lists shows once. Then we add the three cheapest shorter plans at 1,000 kWh. The state lists most offers twice, in English and in Spanish. We use the English listings.

Our exact bill-credit test: we turn each price into a monthly cost. Then we check how fast the cost climbs from 500 to 1,000 kWh, and from 1,000 to 2,000 kWh. A plain plan climbs at the same pace the whole way. If the two paces differ by more than 1¢ per kWh, the plan gets a flag. On October 14, 2026, it flagged 77 of the 932 offers: the same 77 that the state’s list marks for minimum-usage fees or credits.

Check any plan in 2 minutes

  1. Open its fact label from our table, and look at the date. An Oncor-area label from before October 4, 2026, shows the old delivery charge.
  2. Read all three prices. If one is far off from the other two, look for a credit or fee in the pricing section.
  3. Check the term and the cancel fee. A short term or a big fee makes a cheap plan riskier.
  4. Price it at your own usage in our plan cost calculator.

For a line-by-line walk-through, see how to read a facts label.

Renewal tip: put your plan’s end date on your calendar. On plans longer than 4 months, your company must send its last renewal notice at least 30 days before the end. Texas rules also say no cancel fee applies in the last 14 days, a safe window to switch. More in contract ending? what to do.

Price isn’t everything. Check the company too. Our company ranking scores each one on state complaints, fines, contract terms and more. Our complaints guide shows how often people complain to the state. We also review APG&E, Chariot Energy, 4Change Energy, Discount Power and Payless Power. Our lists of electric companies in Houston, Dallas, Fort Worth and McAllen show the state’s complaint rating for each company that sells there on Power to Choose. See how we score companies.

07 · Quick answers

Cheapest electricity plans, answered

Why do websites list different cheapest rates for Texas?

Because they don’t all measure the same thing. Some lead with a bill-credit plan’s 1,000 kWh price, a 3-month plan or one delivery area. On October 14, 2026, the lowest 1,000 kWh price on the state’s list was 5.7¢, from a 3-month bill-credit plan. The cheapest plain 12-month plans cost 11.0¢ to 12.0¢ at 1,000 kWh, depending on the area.

Does the price per kWh on a fact label include delivery?

Yes, delivery is in. By Texas rule, the three prices on a fixed plan’s label include every recurring charge, but not sales taxes. If delivery goes up after the label is printed, the plan can pass that increase on to you.

How much can I save by switching to a cheaper plan?

Divide your last bill’s total before taxes by the kWh you used. That’s your real price per kWh, and you can see how it compares to a good Texas rate. At 1,000 kWh a month, every 1¢ you cut saves about $120 a year. Our tool shows the yearly gap at your own usage.

Which plan is cheapest if I use 2,000 kWh a month?

Check the 2,000 kWh column, or set the tool to 2,000. A monthly base charge matters less at high use, because it’s spread over more kWh. So a plan with a base charge and a low energy price can win. With a bill-credit plan, read the terms, since some credits stop above a set usage.

Why does one company charge different prices in different parts of Texas?

A big reason is delivery. Each area has its own delivery utility. In October 2026, the per-kWh delivery charge ran from about 5.58¢ in AEP Texas North’s area to 7.77¢ in TNMP’s. Companies build that into the prices they post.

Do cheap electricity plans charge a fee to cancel early?

Many fixed plans do, and the fee is on the fact label. Labels we checked list a flat $295 fee on one plan and $15 or $20 per month left on others. Texas rules bar the fee in your contract’s last 14 days. It’s also barred if you move and give a forwarding address (plus proof, if asked).

What happens if my electric company goes out of business?

Texas rules move you to a backup company that must serve you, called a provider of last resort. You get notices about the switch. The rule itself says that backup price is “generally higher than available competitive prices,” so pick a new plan soon. Our guide to switching providers shows how.

How do you estimate my cost between 500, 1,000 and 2,000 kWh?

For a plain plan, we draw a straight line between the label’s three costs. That’s how a monthly charge plus a per-kWh price adds up. For a flagged plan, we count a credit from the usage where the label first shows it, and assume you miss it below that. Every result is an estimate before taxes.

How often is this list of cheapest plans updated?

Every week. We rebuild each table from the PUCT’s Power to Choose list with the same rules. The week’s date sits at the top of the lists. We update delivery charges when a utility changes them.

Why is a plan missing from your tables?

It may not be on Power to Choose, or it may not rank among the cheapest this week. Prepaid plans sit in their own table, and time-of-use plans are left out on purpose. You can still price any plan in our plan cost calculator.

Will this week’s cheapest price still be there next week?

Maybe not, since companies can post, change or pull plans any day. Once you sign a fixed plan, though, your price holds for the whole term. Only a few charges the rules allow, like delivery, can change it.

Where to next

What do you want to do next?

Every Texas guide, by topic

Every Texas guide lives on our Texas hub, and our price map shows the average home electricity price in every state.

Sources

Sources and updates

Sources (16)
  • Public Utility Commission of Texas, Power to Choose plan list export (week of October 14, 2026): every plan, price, term and fact-label link in our tables, and the offer count. Facts dated October 14, 2026 on this page come from that day’s export: 932 English-language offers in the six areas, of which 77 carried the list’s minimum-usage fee or credit mark (the same 77 our test flags), 111 were 3-month plans and 24 were prepaid; the 5.7¢ low and the 11.0¢–12.0¢ plain-plan range at 1,000 kWh.
  • Public Utility Commission of Texas, Electricity Options, read October 13, 2026: describes Power to Choose as the PUCT’s website for comparing electric rates.
  • Texas Administrative Code, 16 TAC §25.475 (Cornell LII), read October 13, 2026: fixed-price plans last at least 3 months and may pass on actual delivery changes; fact-label prices at 500, 1,000 and 2,000 kWh include all recurring charges but not sales taxes; home variable plans are month-to-month; index-based plans barred for homes since February 1, 2022; renewal notices (final one at least 30 days ahead, or 15 days for plans of 4 months or less); month-to-month default plan; no cancel fee after a move with a forwarding address or in the last 14 days.
  • Texas Administrative Code, 16 TAC §25.43 (Cornell LII), read October 13, 2026: provider of last resort service, customer notices, and the required statement that its price is “generally higher than available competitive prices.”
  • Texas Administrative Code, 16 TAC §25.498 (Cornell LII), read October 13, 2026: prepaid service takes no deposit; low-balance warning 1 to 7 days before disconnection.
  • Public Utility Commission of Texas, Docket 59249, item 105 (Oncor filing of August 20, 2026), read October 14, 2026: Oncor puts its requested rates in place “on a temporary basis” for bills rendered on and after October 4, 2026, with its new tariff sheets attached.
  • Oncor, news release, April 23, 2026, read October 13, 2026: Oncor’s request in Docket 59249 to update two delivery riders in one yearly filing.
  • Gexa Energy, TDU delivery charges (updated October 4, 2026), read October 13, 2026: the monthly and per-kWh delivery charges for all six areas in our delivery table, including Oncor’s $4.06 a month plus 6.8673¢ per kWh.
  • CenterPoint Energy, bill guide for retail customers, 2026, read October 13, 2026: $2.11 customer charge plus $2.79 meter charge each month; the transmission charge is adjusted every March and September.
  • CenterPoint Energy, rates and tariffs, Houston Electric, read October 13, 2026: its tariff lists the delivery charges retail companies pay.
  • Direct Energy, Electricity Facts Label, Live Brighter 1K+ 24, CenterPoint area (dated September 30, 2026), read October 13, 2026: CenterPoint delivery of $4.90 a month plus 6.5333¢ per kWh; $9.95 charge in months under 1,001 kWh; $295 cancel fee.
  • Rhythm, Electricity Facts Label, PowerShift EV 12, CenterPoint area (dated July 17, 2026), read October 13, 2026: CenterPoint delivery of 5.1461¢ per kWh then; a time-of-use label assuming 24% of use in its cheapest hours; $20 cancel fee per month left.
  • Chariot Energy, Electricity Facts Label, Free Nights 36, AEP Texas North (dated September 15, 2026), read October 13, 2026: AEP Texas North delivery of $3.24 a month plus 5.5751¢ per kWh; $15 cancel fee per month left.
  • U.S. Energy Information Administration, Electric Power Monthly, Table 5.6.A (data for July 2026, released September 24, 2026): Texas average residential price of 15.88¢ per kWh.
  • Public Utility Commission of Texas, Charges On Your Electric Bill, read October 13, 2026: companies may fold all charges into one price per kWh or list them separately.
  • ERCOT, market notice M-A022724-01 (February 27, 2024), read October 13, 2026: Lubbock Power & Light customers moved to retail electric providers from March 4 to April 1, 2024.
Changelog · last updated October 16, 2026 · 2 updates
  • October 16, 2026: Linked our new Chariot Energy review, our Houston, Dallas, Fort Worth and McAllen company lists, and our Spanish guide to the cheapest electricity companies. No figures changed. We also added our new city guides, four new company reviews and the Smart Meter Texas guide to the guide map.
  • October 14, 2026: Published.

How to cite this page: The Day Company, "What are the cheapest electricity plans in Texas this week?", updated October 16, 2026, https://theday.company/tx/cheapest-electricity-plans.

This guide ranks plans by price using the rules shown above; it isn’t financial advice. Plan prices come from fact labels posted on the PUCT’s Power to Choose site and can change any day, so check a plan’s current fact label before you sign. Plans A and B in section 3 are examples, not real offers. The Day Company is not affiliated with any electric company named here.