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Texas Electricity Rates From Trusted Electric Companies

If you think you have to pay the rates your current electricity provider charges, we have good news. The state of Texas allows you to choose which electricity provider you use. This means you can select a provider that has the cheapest Texas electric rates in your area and the best plan for your needs, whether you need a better deal for your residence, your business, or both. Thousands of consumers and businesses that have used our electricity rate comparison process agree that, when shopping for commercial electricity or residential electricity rates and plans, Vault Electricity is the one-stop source for the best options from top electric providers.

How Our Electricity Rate Comparison Process Works

We carefully screen Texas electricity providers in your area. Then, we list electricity rates and plans from top providers in a user-friendly format on our website, so you can compare the information. We handle the complex concerns and considerations, so you don’t have to. With our assistance, you no longer need to track down different electricity companies, rates, and plans, because we provide all the information you need to choose the best provider.

When you use our rate comparison process, providers know that they are competing to win your business. Consequently, they offer cheap electric rates in hopes of becoming your new Texas electricity company. This benefits both you and the provider you select. You receive a cheap electric rate and the plan of your choice, and the provider adds another satisfied customer.

Our Dedication to Providing You With Great Options

In finding you the best Texas electric rates, we only list electric companies that have great business stability, excellent service, environmental awareness, and transparent pricing. This protects you from providers that could soon go out of business, are unattentive to customers, are environmentally unsound, or may end up charging you a higher rate than advertised.

Use Our Service to Start Paying Less for Electricity

Gone are the days when you had to contact electric companies to discover their rates, and negotiate a better deal on your own. Today, Vault Electricity does the work for you, handling the entire process of finding the best Texas electricity rates and plans from providers that have a pedigree of business stability, customer service, eco-friendliness, and financial transparency. This allows you to shop for electricity in just a few minutes, right from your computer.

To find cheap Texas electric rates, simply enter your zip code into the electricity rates calculator on our homepage. For help selecting a provider and a plan, please contact us today at 214-446-2210, or send us an email. We look forward to helping you find cheaper electricity!

  • 200+

    Electricity Plans Available on VaultElectricity.com

  • $40,000,000+

    Money That We Have Saved Consumers Since 2009

  • 1,000,000+

    Consumers that have compared providers with Vaultelectricity.com

Testimonials

I was shocked by how much I was being overcharged by TXU. Thanks to the information on your site, I changed providers and my rate went from 13.25¢ to 8.6¢ and it was a breeze to switch.

Ryan H. in Dallas -- Residential

Thank you for negotiating a new electric billing rate for my firm. We were paying 11.68 cents per kWh last year. You assisted us in reducing the rate to 6.43 cents per kWh. At this time last year, our bill was $572.76 and this year it is $340.70!

David B. in Killeen - Commercial

My electric bill dropped from $285 to $209 even though I used a bit more electricity. Thank you so much!

Kelly B. in Plano -- Residential

What a difference you made to our bottom line! You lowered our rate by almost 60%, and I haven't had any issues at all. I wish I would have heard of you folks earlier. I cringe to think about all the money I had been wasting.

Peter L. in Abilene -- Commercial

It's been 4 months since you helped us with our electricity, and everything has been great. Our bills have been cut in half!

Debra Z. in Edinburg-- Commercial

Thank you for helping us with our electricity rate. With the extra money you saved us we were able to lease another delivery truck and hire an additional driver.

Jessica S. in Midland -- Commercial

I greatly appreciate you taking the time to explain the pros and cons of each provider, not to mention finding us incredible rates to choose from. On behalf of our entire congregation, I thank you.

John G. in Katy -- Commercial

We just received our first electric bill from the new provider and I estimate an annual savings of $24k based on our previous consumption. We are very pleased!

Chip B. in Colleyville -- Commercial

Wow, am I glad I found your site! I was getting scalped by my previous energy company, and I had no idea they were taking advantage of me! Thanks to you guys, I lowered my electric rate from over 13 cents to under 9 cents! Just in time for the summer electric bills, too!

Gabe W. in Houston -- Residential

Compare The Lowest Electricity Rates In Your Area

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Electricity News, Tips and More

TXU is the company that popularized Free Nights and other time of day electricity plans
Shopping for a cheap electricity rate in Texas is a tricky business.  Most electricity plans
As the Covid-19 crisis of 2020 enters its 4th month, Texas electricity rates continue to

June 2020 Texas Electricity Rate Update

As the Covid-19 crisis of 2020 enters its 4th month, Texas electricity rates continue to decline. Average available electricity rates in deregulated areas of Texas are down from the prior month and down compared to last year.

In particular, three electric companies are offering aggressive rates targeted toward the 1000 kWh usage Texas customer.  4Change Energy, Gexa, and Frontier are all offering attractive plans featuring the cheapest electricity rates for small homes that use around 1000 kWh of electricity per month on average.

Compare The Cheapest Electricity Rates In Your Area
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This comes as residential electricity usage is near an all time seasonally adjusted high because of stay at home orders, school closures, and other measures that are keeping people in their homes rather than offices and schools.  Industry experts are expecting a record demand for electricity this summer even as rates are expected to hold steady.

In Dallas, the cheapest electricity rate available for a 12 month contract is the Maxx Saver 12 plan by 4change.  This plan features a targeted rate of 6.2¢/kWh for customers that use exactly 1000 kWh.  Due to the nature of the way electricity plans in Texas are structured, your actually average rate per kWh would vary depending on your exact electricity usage in a given month.

For larger homes, the Gexa Superb Saver 12 plan features a rate of 7.8¢/kWh for usages of 2000 kWh in a month.  The plan includes bill credits that kick in at the 1500 and 2000 kwh usage levels making this plan not a good choice for customers that use less than 1500 kWh in a given month.  These rates are for the Oncor service area which serves DFW and other parts of the state.   In Houston and other areas served by Centerpoint the rate is 8.0¢/kWh.  to find rates being offered by electric companies near you, enter your zipcode above to compare rates.

For apartments in most parts of the state, the Eagle 12 by Trieagle Energy offers the best rate at 10.0¢/kWh per kwh at 500 kWh.  This in the DFW area.  In Houston the rate is 10.6¢/kWh.