Odessa Electricity Providers and Rates

Odessa electricity providers are competing for your business.  Give us 5 minutes and we will save you hundreds of dollars in electricity bills. The only way to know which provider has the cheapest rates is to compare electric rates and plans side-by-side.   Even that is not always as easy as it sounds.  Here we have provided all the tools you need to make the best decision for your situation.

Click here to compare Odessa electricity rates

  Keep reading for more information on electricity in Odessa and what you need to know to lower your energy cost. Your most important tool will be our electricity rate comparison tool.  Enter your zip code and see a list of electric plans from the major electricity providers in Odessa.  You will see the advertised rates for all plans for various size homes from apartments to large houses.  You will also be able to view special deals and plan details. Apply filters to find green energy plans, monthly plans, no deposit plans, or whatever your situation requires.  Enrollment can be done easily online or over the phone.

Featured Electricity Rates In Odessa, Texas

 

Click here to compare Odessa electricity rates

 

Odessa electricity rates

Compare Odessa electricity plans from 7.3¢ per kWh at 1,000 kWh per month from providers serving the Oncor area.

32 plans to compare

Odessa electricity rates (cents per kWh)

Provider & plan	500kWh/month	1,000kWh/month	2,000kWh/month
Express EnergyFlash Value 14 14 months	20.2¢	7.3¢	13.3¢
4Change EnergyMaxx Saver Value 12 12 months	20.3¢	7.4¢	13.4¢
Frontier UtilitiesSaver Plus 12 12 months	20.3¢	7.4¢	13.4¢
Gexa EnergyEco Saver Plus 12 12 months	20.3¢	7.4¢	13.4¢
Gexa EnergySaver Plus 12 12 months	20.3¢	7.4¢	13.4¢
Express EnergyFlash Value 12 12 months	20.5¢	7.6¢	13.6¢
Frontier UtilitiesSaver Plus 24 24 months	21.3¢	8.4¢	14.5¢
Gexa EnergyEco Saver Plus 24 24 months	21.3¢	8.4¢	14.5¢
4Change EnergyMaxx Saver Value 24 24 months	22.0¢	9.0¢	15.1¢
Express EnergyFlash Value 24 24 months	22.0¢	9.0¢	15.1¢
TXU EnergySmart 1000 Select 12 12 months	22.0¢	9.9¢	14.6¢
TXU EnergySmart 1000 Select 24 24 months	22.6¢	10.5¢	15.2¢
TriEagleSure Value 12 12 months	17.4¢	13.9¢	15.1¢
TriEagleSure Value 36 36 months	18.0¢	14.5¢	15.7¢
Gexa EnergyEco Saver Value 12 12 months	22.5¢	14.6¢	18.2¢
Veteran EnergyVeteran Energy Valor 24 24 months	20.1¢	14.7¢	17.0¢
TriEagleSavvy Value 12 12 months	15.8¢	15.3¢	13.5¢
TriEagleSavvy Value 36 36 months	16.2¢	15.7¢	13.9¢
Veteran EnergyVeteran Energy Valor 36 36 months	21.1¢	15.7¢	18.0¢
4Change EnergyPerfect Fit 12 12 months	11.4¢	16.0¢	18.3¢
Express EnergyFlash Fit 12 12 months	11.5¢	16.1¢	18.4¢
TXU EnergySmart 500 Start 12 12 months	13.5¢	16.1¢	17.4¢
Gexa EnergyEco Saver Lite 12 12 months	12.2¢	16.8¢	19.1¢
Frontier UtilitiesSaver Premier 12 12 months	19.2¢	18.8¢	11.1¢
Frontier UtilitiesSaver Premier 24 24 months	19.2¢	18.8¢	11.1¢
Gexa EnergyEco Saver Premier 12 12 months	19.2¢	18.8¢	11.1¢
Gexa EnergyEco Saver Premier 24 24 months	19.2¢	18.8¢	11.1¢
4Change EnergyPower Maxx Advantage 12 12 months	19.8¢	18.9¢	10.9¢
4Change EnergyPower Maxx Advantage 24 24 months	20.3¢	19.4¢	11.4¢
Payless Power6 Month - Prepaid 6 months	19.6¢	19.6¢	18.1¢
Payless Power12 Month - Prepaid 12 months	19.7¢	19.7¢	18.2¢
TXU EnergyFree Nights & Cool Summer 12 12 months	28.1¢	26.7¢	26.0¢

See full plan details and compare options for your home.

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When Should I Renew My Electricity Contract?

Start being on the lookout for a new electricity plan a couple of months before your current plan expires.  If you find a rate that is too good to pass up, you can enroll in a plan with a start date up to 60 days in the future with some providers. Your current provider will begin emailing you or sending you letters asking you to sign up for a new plan.  You should compare the rates they are offering with rates being offered by other companies before you take them up on the offer. You’ll want to avoid simply letting the plan elapse without getting on a new one.  You might end up on a variable month-to-month plan and you will likely end up paying a higher rate than you should.

Where Does Odessa Get Its Cheap Electricity?

Historically coal was the main source for generating electricity in Texas.  Today less than one fourth of the electricity consumed in Odessa and elsewhere in Texas is sourced from coal burning power plants.  Regulations, environmental concerns and cheaper alternatives have steadily eroded the use of coal as a source for generating electricity in Texas. Natural gas now produces over half of all Odessa electricity.  Natural gas is abundant and close to home.   Texas is the largest producer of natural gas in the United States.  Almost every new fossil fuel power plant built in Texas over the past couple of decades has been natural gas fired.  The relatively low cost of natural gas has helped keep electricity prices down for the state of Texas over the past decade. Wind energy is another major contributor to the electricity grid that provides power to Odessa.  Wind has now surpassed coal as the second largest single source of Texas electricity.  Technology and economies of scale have steadily brought down the price of wind generated electricity so that it is now competitive on price with more traditional power sources. 100% green energy plans are now popular in Odessa and such plans are often as cheap as the traditional alternatives.

Odessa, Texas — Looking Beyond Cheap Electricity Plans

Odessa has a population of about 117,000 in total. It is the seat of Ector County and the city has been hailed as one of the top-5 fastest growing cities in the U.S. Founded in 1881 next to the Texas and Pacific Railway, Odessa first functioned as an important location for cattle and water, alongside the railroad. It was later made officially a city by 1927; this was around the time that oil was discovered in the county, and as is characteristic of that discovery, the population exponentially grew as production increased. Odessa, Texas is famous for the Kiss and Kill Murder in 1961. It has also been used for various movies and television shows. It is referenced and utilized in the film No Country for Old Men, as well as the football-centered drama, Friday Night Lights. For stats on where it ranks for the ‘best places to lives,’ some of its drawbacks are a higher incidence of crime (about 24% higher than the national average), as well as a higher unemployment rate. But it is cheap to live in the city; both housing and transportation are cheap. Commute time is below the national average as well.  

Click here to compare Odessa electricity rates

 

How are Odessa Electricity Rates Set?

Odessa electricity providers create their own energy plans.  Each plan consists of its own formula that determines how much you pay in a given billing cycle.   Your average electricity rate will be a result of how much you pay for your electricity divided by how many kWhs of power you use for the month. This is why even with so called “fixed rate” electricity plans, your effective electricity rate will bounce around from month to month.  Depending on which provider and which plan you choose, your electric bill will have several line items that add together to give you your final amount due. Here is an example of the cost structure of a typical Odessa electricity plan. It will illustrate how your costs effect your electricity rate rather than the other way around. This plan has five pricing elements:

• Energy Rate = 5.80 ¢ per kWh
• Base Charge = $7.95 per month
• TDU Electric Delivery Charge = $3.42 per month
• TDU Electric Delivery Charge = 3.697 ¢ per kWh
• Credit for Billing cycle for usage greater than 2000 kWh = $40 per month

Notice the mixture of fixed fees (such as the $7.95 base charge) and per kWh charges.  This effects the math in such a way that your effective electricity rate will be higher when you use less electricity and lower when you use more. The wrinkle in this plan is the $40 bill credit that applies if you use 2000 kWh or more.  This makes the plan look way more attractive at 2000 kWh even though at 1999 kWh the average electricity rate is much higher. Here are the effective electricity rates for this plan based on how much electricity you use for the month:

• 11.8¢/kWh @500 kWh
• 10.6¢/kWh @1000 kWh
• 10.1¢/kWh @1999 kWh
• 8.1¢/kWh @2000 kWh

That one extra kWh makes a big difference!

What Is the Cheapest Electricity Company in Odessa?

The cheapest electricity provider in Odessa is probably not who you think it is.  There are over a dozen electric companies that sell power in Odessa.  Many are household names with big advertising budgets.  Many others are smaller and compete by maintaining leaner operations and offering lower rates. Since Texas is a power to choose state, these companies are free to set their electricity rates at whatever level they want.  This makes for a highly competitive environment.  Texas electricity rates change often.   Usually the cheapest electricity rate you will find in Odessa is offered by one of the lesser known names. This is not always true, however.  Sometimes the larger brands will temporarily get more aggressive with pricing in order to win more business. The point is, the market is always shuffling and the only way to know who has the best rate today is to compare current electricity rates.  At Vault Electricity, we monitor the electricity market in real time and keep rates and plan information up to date so that consumers always have the latest information at their fingertips in order to make an informed decision about their next electricity provider.

Energy Companies Have Open Job Positions in Odessa

For those of us in Texas, Odessa has long been associated with oil, but now the rest of the world is keenly aware of what is taking place in the area.  The Permian Basin is forecast to soon become the largest world’s largest oil field.   Production-wise, it’s right behind Saudi Arabia, Iran and Iraq.  Think about that for a second! Because of this, energy is the city’s #1 source of jobs.  Whether you are looking for an office job, or one out in the field, Odessa’s energy sector has you covered. Cudd Energy Services is a drilling leader in the oil and gas industry.  They are constantly in need of good oil rig operators and qualified truck drivers. Pioneer Energy Services is a driller for hire in the energy arena.  They are known for their top performing crews.  Because they are constantly updating their fleet of equipment, they tend to attract the best hands in the energy drilling business. Mammoth Energy Services is very active in the Permian Basin, with hundreds of pieces of equipment in operation every day.  They are in need of experienced equipment operators, but they will train motivated individuals with good work ethic.  If you are looking to enter the energy industry as a field man, Mammoth is a great starting spot.

Who Is the Odessa Utility Company?

TXU/Oncor Contact Information: For power outages in Odessa Texas, please call Oncor at 1-888-313-4747. To have underground lines located prior to digging in Odessa Texas, call 1-800-344-8377. To view Odessa Texas outage maps, click here. Smart Meter Information:  For information on the smart meter program in Odessa Texas, click here.

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