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What is the Cheapest TXU Electricity Plan

TXU Electricity Rates

Let’s look at some of the electricity plans available from TXU Energy and see which plan might be the best for your specific circumstances.

There are 3 basic questions you need to ask yourself before you select an electricity plan:

  • How much electricity do I use

  • Am I willing to adjust my habits around when I use my electricity

  • Is renewable energy an important consideration for me in choosing my next electricity plan

Best TXU Energy Plan for an Apartment

If you live in an apartment you probably don’t use a ton of electricity.  A good estimate for how much electricity the average apartment in Texas uses each much is around 500 kWh per month.  With that in mind, you need to look at the average rate for TXU electricity plans at the 500 kWh usage level.

Select 500kWh home size
Vaultelectricty.com allows you to select your home size to compare rates

Using the Vaultelectricity.com electricity rate comparison tool, select Apartment from the Home Size drop down box.  For our purposes today, we will look at electricity rates in the Houston area.  It is important, however, that you enter your own zip code in the search box to find the best rates on TXU plans in your area.

We see that the Clear Deal 12 is the cheapest electricity plan listed by TXU in Houston. Again, the rate listed in the image below is probably not current depending on when you are reading this.  Make sure that you do a fresh search for the most current rates.

Cheapest TXU Energy Plan for 500kWh usage level

The Clear Deal 12 plan includes a bill credit that kicks in when your usage in a billing cycle hits 800 kWhs.  So, if you use a little more electricity than the average apartment, you will have a cheaper rate on your bill once you go over 800 kWh.

Electricity Facts Label for TXU Clear Deal 12 Plan
Check our current listings for the up to date EFL and rates

Notice on the Electricity Fact Label associated with the plan above , that the base energy charge goes up when your usage exceeds 1200 kWh.  This is more proof that you must pay attention to how much electricity you use when selecting an energy plan.

Best TXU Plan if you live in a Home

To find the best electricity rates for a home, select either the Large Home (2000 kWh per month) or Small Home (1000 kWh per month) options from the Home size dropdown.  Most electricity providers in Texas tailor specific electric plans to meet the needs of either small, medium, or large consumers of residential electricity.

In the case of TXU, the Clear Deal 12 plan also comes up as the cheapest option for large and small homes.  Although, the rate at 1000 kWh is cheaper than the average rate at 2000 kWh.  This is because, as mentioned before, the Clear Deal 12 plan is really targeted at the 800 – 1200 kWh per month usage range.

Shift You Habits and Save on Electricity

TXU energy has a couple of plans aimed at consumers who are willing to adjust when they use their power in order to reduce their electric bills.  These plans fall into the broad category of Time of Use plans.  Whether or not you can save on these plans is highly dependent on how you choose to use your power.

We have a more complete description of the TXU Free Nights and Solar Days plan here.  But, in brief, the plan offers free electricity at night and relies on solar energy for your daytime power.  Don’t worry.  This doesn’t mean you have to put solar panels on your roof.  TXU is buying solar generated electricity from the grid.

You have to make sure that, if you choose this plan, you are able to use a lot of your electricity during the free nighttime period.  The electricity rate for day time usage is much higher than the Clear Deal 12 plan.

If you would prefer to cram as much of your power use as possible into specific days of the month, rather than at night time, you may prefer the Season Pass 12 plan from TXU.   This plan looks at the 7 highest usage days on your monthly bill and removes that cost from your bill.

More About TXU Energy

Texas residents who are looking to save on their electricity bill might be considering changing their power plan. TXU energy creates plans for individual homes and businesses in Texas, so it can provide competitive rates for you depending on what you need. When you shop for electricity plans with TXU, they have plans that are exclusive to your usage habits.  TXU Energy is one of the largest and oldest electric companies in Texas.  In certain parts of the state such as the Dallas/Fort Worth area, it is easily one of the most recognizable brands.

What is the Cheapest Gexa Energy Electricity Plan?

There are four different Gexa Energy plans that each make sense for different home sizes.

Best Gexa Energy plan for a small home – Gexa Saver Deluxe 12

The Gexa Saver Deluxe 12 plan is the best deal for homes that use around 1000 kWh of electricity per month.  The average electricity rate for this plan is 8.2¢ per kWh.  This plan is cheapest at exactly the 1000 kWh level.

Cheapest Gexa Energy Plan for small homes

Note: All rates discussed in this review are current as of the time of writing.  They apply to the Centerpoint delivery area which includes Houston and surrounding areas.  Texas electricity rates change daily.  To see today’s rates for Gexa and other electric companies near you enter your zip code above.

The Gexa Saver Deluxe 12 plan is a “bill credit” plan.  Bill credit plans offer credits on your energy bill of various amounts depending on how much power you use.  This allows electricity providers to target plans to specific sized customers.   In the case of the Gexa Saver Deluxe 12 plan, there is a credit of $100 that applies once you surpass 1000 kWh of electricity for a billing cycle.

Electricity Facts Label for Gexa Saver Deluxe 12 Plan
** Enter zip code above for current rates

It is important to note that the credit disappears at the 2000 kWh level.  This makes the plan the best Gexa plan for those who use slightly over 1000 kWh.  But it isn’t ideal for larger homes. The plan comes with an energy charge of 13.17¢ per kWh plus a TDU Delivery Charge of 4.6397¢.  Added together that comes to 17.8¢.

The $100 bill credit is what allows the average rate to drop to 8.2¢ at exactly 1000 kWh.  As soon has your usage hits 2000 kWh the bill credit disappears causing your average rate to jump.  That means this plan isn’t the best one Gexa offers for larger homes.

Best Gexa Energy Plan for larger homes – Gexa Superb Saver 12

The best Gexa plan for larger homes is a similar plan with different threshold levels for the bill credits.  It is designed to benefit those who use more than 1500 kWh per billing cycle but less than 2500 kWh.

The Gexa Superb Saver 12 plan has the following structure. (Check our electricity rate listings for up to date pricing.)

  • $50 bill credit for usage levels between 1500 kWh and 1999 kWh

  • $100 bill credit for usage levels between 2000 kWh and 2500 kWh

  • No bill credit below 1500 kWh or above 2000 kWh

  • The energy charge is 9.05¢ (plus the standard TDU delivery charge of 4.6397¢)

  • There is a fixed monthly fee of $35 per month (plus the standard fixed TDU delivery charge of $4.39)

Electricity Facts Label for Gexa Superb Saver 12 Plan

As you can see, this plan is more complicated than the first plan.  There are a lot of components to the pricing but the end result is an average electricity rate of 10.7¢ at 2000 kWh.  This makes the Gexa Superb Saver 12 the lowest rate Gexa plan for larger homes as long as they don’t use more than 2500 kWh.

Best Gexa Energy Plan for 3000 kWh and above – Gexa Energy Saver 36 with Free Emerson Sensi Touch smart thermostats

The Gexa Energy Saver 36 plan is an option for customers who live in larger homes who use a lot of electricity.  Gexa doesn’t publish average electricity rates for 3000 kWh but a little math tells us that the this plan is Gexa’s best deal for people who use 3000 kWh and above.

Electricity Facts Label for Gexa Energy Saver 36 Plan

This plan doesn’t come with any usage credits.   This means there are no pricing cliffs or sudden price spikes depending on where your usage falls in a given month. The plan has the lowest energy charge of all the Gexa plans.  Currently it is 8.86¢ per kWh (plus TDU charges).  The result is a plan whose pricing remains consistent.

Customers who enroll in this 36 month plan receive up to 2 smart thermostats with installation included.  This is a $550 value according to Gexa.  Smart thermostats provide the added benefit of making your homes energy usage more efficient.  This results in lower overall utility bills.

Best Gexa Energy Plan for an apartment – Gexa Saver Value 12

The Gexa Saver Value 12 plan is the ideal Gexa plan for people who live in apartments or people who use between 500 kWh and 1000 kWh.  The energy charge is high compared to some of the other Gexa plans.  But the bill credits are targeted to benefit those who use electricity.  There is a $35 credit between 500-1000kWh and a $50 credit between 1000-1500 kWh.

Electricity Facts Label for Gexa Saver Value 12 Plan

What you need to know about the Reliant Truly Free Weekends 12 Plan

The Reliant Truly Free Weekends 12 Plan is one of a growing number of Time-of-Use (TOU) plans being offered by Texas electric companies.

Time of use plans offer an incentive to theoretically save people  money on their electric bills by allowing customers to pay different prices for their electricity during different times of day when demand changes. They can be complicated when customers try to figure out when they should use electricity and when they should not.

Electricity prices change based on demand, so it can be more expensive to use electricity during peak times like hot summer days when everyone uses their A/C than other times like evenings or weekends. The idea behind these plans is that customers will use less energy during the times of high demand.

Some customers are not happy with their Time of Use electricity plans because they cannot control when their electricity is used as easily as they would like. Others complain that they do not save money with these plans and that it is more work for them to track.

Will the Reliant Truly Free Weekends 12 Plan save you money on your electric bill?

As of the time of this review, this plan advertises an average rate of 15.5 cents per kWh for a home that uses 2000 kWh in the Houston area.  This is about twice the rate being advertised by other companies such as Gexa Energy, Frontier Utilities, and 4Change Energy.

The other thing to keep in mind is that this advertised rate is just an estimate of what your rate might be.  Really, it’s more like a guess.  That’s because the actual rate you will pay is highly dependent on your habits and when you use your power most.

As the name implies, the rate you pay for electricity over the weekend is zero.  The plan defines the weekend as 8 p.m. Friday to 12 a.m. Monday.  The plan features an energy charge of 17.905¢ per kWh for the non-free hours.  In addition to that, there is a Centerpoint delivery charge of  4.6397¢ per kWh.  Added together, that comes to an eye-popping rate of over 22.5 ¢ per kWh.  You would be hard pressed to find a plan anywhere that charges a higher rate than that.

Reliant Energy Truly Free Weekends Time of Use plan

To arrive at the lower estimated rate of 15.5 ¢ per kWh (for 2000 kWh of usage), Reliant estimates that 32% of your energy usage will occur on the weekends.  If you are the type that likes a challenge you might be able to get a lower rate than this.  Are you willing to do all your laundry on the weekend?  Let the dishes pile up in the sink and run the dishwasher only on the weekend?

The problem with this approach is that only so much of your electricity usage can be shifted to another time.  Reliant’s customers live in Texas.  And in Texas, the largest electricity expense for most people is air conditioning.  When it’s August and its 100 degrees, you aren’t going to want to wait until Friday night to turn on your A/C.

Other plan details

The contract term on this plan is 12 months.  If you choose to cancel the plan early, there is a $150 cancelation fee.

There is a fixed monthly CenterPoint Energy Delivery charge of $4.39.  This charge is the same for every customer in the CenterPoint delivery area. Some providers choose to pass this cost straight through while others such as the Flash Bundled 12 plan by Express Energy, bundle that extra cost into the electricity rate associated with the plan.

The plan uses 15% renewable energy.  Although, you have the option to request that 100% solar energy be used for the plan at no additional cost.

What You Need To Know About the TXU AutoSaver Plan

Shopping for a cheap electricity rate in Texas is a tricky business.  Most electricity plans in Texas feature rate formulas rather than actual guaranteed rates.  The TXU AutoSaver plan is no exception.  At the end of the day, your actual electricity rate will depend on several factors; some of which are outside of your control.

Here we outline the details of this new plan and compare it to plans available from Gexa and TriEagle Energy.

The TXU Autosaver plan is advertised as a way to allow consumers to benefit from any drop in natural gas prices while protecting them from rising prices beyond a certain level.

The electricity rate in the TXU Autosaver 12 plan is tied to the price of natural gas.  As the primary source of fuel for electricity in Texas, natural gas drives much of the pricing of electricity. It should be noted that this plan comes at a time when natural gas prices are already near historical lows.  The plan features a price cap feature that puts an upper limit on the electricity rate once natural gas hits a price of $3.50/MMBtu.  At the time of this writing, that is about double the current price of natural gas.

 

Historical Price of Natural Gas

Natural Gas Historical Price Chart

 

What is the electricity rate on the TXU AutoSaver Plan?

The rate customers pay for this plan is based on a complicated formula that includes a “Natural Gas Factor”.  This allows the rate on the plan to fluctuate based on the monthly closing price for natural gas.  The plan also includes a flat monthly charge of $9.95, a Base Rate of 7.4¢ per kWh, and TDU pass through fees.

Here is how that looks:

Base Rate (per kWh) 7.4¢
Base Charge (per Month) $9.95
Natural Gas Charge (per kWh) 1.995¢
Flat Pass-through Delivery Charge $3.42
Pass-through Delivery Charge per kWh 3.5778¢
Total Average Rate (1000 kWh) 14.3¢/kWh

* For this illustration we used the pricing for the Oncor delivery area which includes the Dallas / Fort Worth area.  Different parts of the state have different rates. We will also assume a natural gas price of $1.50/MMBtu

The above data is pull from the plan’s Electricity Facts Label on July 14. 2020

TXU Autosaver EFL

Is the TXU AutoSaver Plan a Good Deal?

The plan does have an upside cap that prevents the Natural Gas Charge from going above 4.655¢.  This puts an upside limit on your effective electricity rate of 17.0¢ per kWh if you use 1000 kWh in a billing cycle.

But let’s consider a mathematically best case scenario where natural gas prices go to zero.  This is not a realistic real world scenario, but it allows us to see the absolute lower bounds of the electricity rate under this plan.

Base Rate (per kWh) 7.4¢
Base Charge (per Month) $9.95
Natural Gas Charge (per kWh)
Flat Pass-through Delivery Charge $3.42
Pass-through Delivery Charge per kWh 3.5778¢
Total Average Rate (1000 kWh) 12.3¢/kWh

Even at a zero cost of natural gas, this plan would still have an all-in electricity rate of 12.3¢ per kWh for the 1000 kWh usage level in the Oncor delivery area.  At the time of this writing, there are plans available with advertised rates below 6.0¢ at 1000 KWh usage in the Oncor delivery area.

To be fair, these plans have their own potential drawbacks.  Many of them rely on usage credits that kick in right around 1000 kWhs of usage to create a best case rate scenario right at 1000 kWh.  If your actual usage falls outside of this range your effective all-in electricity rate could be much higher than the advertised rate.  This is illustrated in the chart below.  You can see that the effective rate for the Gexa Saver Deluxe 12 Plan drops substantially at 1000 kWhs of use but jumps sharply once usage exceeds 2000 kWh.  This is because the usage credit only applies to usages that fall between 1000 and 2000 kWhs.

So how does the TXU AutoSaver plan compare to plans with a simpler structure?

Trieagle Energy, a company known for less complicated rate plans currently has a plan available for 9.7¢ per kWh at the 1000 kWh usage level.  This plan doesn’t rely on usage credits and isn’t indexed to the price of natural gas. This means your actual rate is going to be close to the advertised rate once your bill arrives.

Bottom Line

It’s very easy for a consumer of electricity in Texas to get stuck in the weeds trying figure out what is the cheapest electricity plan for them.  The plans are usually complicated, and the numbers can be overwhelming.  Below we have developed a chart that compares the TXU AutoSaver Plan to plans from Gexa and Triangle.  You can see at a glance what you might expect to pay for electricity based on how much electricity you use.  It also serves as an illustration of just how volatile electricity rates can be even under a single plan.

TXU vs Gexa and Trieagle kWh

This chart shows what your actual bill would be based on the same data.

TXU Gexa Trieagle cost

Gexa 3-Day Weekend Plan, What You Need to Know

It seems that most Texas electric companies are now offering time-of-use plans that offer different electricity rates depending on when you use your electricity.  The concept was first popularized in Texas by TXU Energy with their Free Nights plan. TXU has since offered several variations on the theme, including their most recent TXU Free Pass plan which offers free electricity on the 7 days each month when your power usage is greatest.  Gexa Energy is now advertising their own version of a free electricity plan with the Gexa Energy 3 Day Weekend Plan.  So how does this plan compare to the competition?

How does the Gexa 3-Day Weekend plan work?

Compared to other similar plans, the Free 3-Day Weekends plan is simple.  All of your electricity usage for Friday, Saturday, and Sunday of every week is free.  This means that there is no energy charge from Gexa or pass through fees from your distribution utility (Oncor in Dallas or Centerpoint in Houston) for weekend usage.  Technically, the free period runs from 12:00 a.m. Friday to 12:00 a.m. Sunday

What is the electricity rate on the Gexa 3 Day Weekend plan?

As with any such plan, the electricity rate for the non-free portion of the plan must be high enough to still make the plan profitable for the electric company.  Otherwise, they wouldn’t sell the plan.  If you live in Dallas, Fort Worth, Arlington or anywhere in the Oncor delivery area, you will be paying an energy charge of 16.6¢ per kWh on Monday – Thursday.  In addition to this, you will pay pass-through charges from the utility company that delivers the power in your area (Oncor).  This will add another 3.135¢ per kWh, bringing your total electricity rate up to 19.7¢ per kWh during these periods.  You will also be charged a monthly fee of $9.95 from Gexa and $3.42 from Oncor.

Gexa advertises an average rate of 12.6¢ per kWh for 1,000kWh of electricity.  This assumes that 43% of your energy usage occurs Friday-Sunday.

Gexa 3-day weekend ETF

Note: The electricity rates mentioned above are for the Dallas/Fort Worth Area as of 4/14/2019.  Enter your zip  code above to see all of the current rates for Gexa and other electric companies for your area.

Is the Gexa 3 Day Weekend Plan a good deal?

This very much depends on how you use your electricity and if you are willing to shift your activities to make the best use of the free electricity periods.  The 12.6¢ per kWh for 1,000kWh is more expensive than most other plans currently available from Gexa and other electricity providers.  If you are up for the challenge, however, you can try to cram as much of your electricity usage as possible into the weekend period.  You can do your laundry on the weekends but, with summer approaching in Texas, air conditioning will be the main driver of your electricity bill.  If you are mostly away from home during the week, you could set your thermostat higher when you are away from home.

How does the Gexa 3 Day Weekend Plan Compare to TXU’s Free Pass Plan?

The two plans are pretty similar.  The electricity rate during the non-free periods are almost identical.  However, the Gexa plan offers 12 to 13 free days of electricity per month compared to the 7 free days offered in the TXU Free Pass Plan.  Under the TXU plan, the free days are guaranteed to be your highest usage days.  But these are likely to be weekend days anyway.  The advertised average electricity rates at 1000 kWhs are cheaper for the Gexa 3 Day Weekend Plan than the TXU’s Free Pass 12 Plan.

What else do I need to know about the Gexa 3-Day Weekend Plan?

  • The plan comes with a 12 month contract
  • The cancelation fee for the plan is $150
  • Gexa offers a 60 day guarantee.  If you are not happy with the plan, Gexa will switch you to another one of their plans and waive the cancelation fee.

Filed under: Gexa 3-Day Weekends Plan

What you need to know about the Bounce Energy Fantastic Fixed 6 Plan

The Fantastic Fixed 6 plan has long been a popular plan offered by Bounce Energy.  As of the time of this writing, it features one of the cheapest electricity rates available in Texas.  Electricity rates in Texas are quite volatile, however.  Before choosing this or any other plan you should compare electricity rates from providers in your area to find the plan that works best for you.

Electricity Rates for Bounce Energy Fantastic Fixed 6

For the Houston area, the all-in rate for the Fantastic Fixed 6 plan is 9.2¢ per kWh for usage levels of 2,000 kWh per month.  If you live in an apartment you should expect to pay a higher average rate for this plan.  The published rate for the 500 kWh usage level is 10.7¢ per kWh.  This rate will be different if you live in another part of Texas.  To see the current rate for this and other plans in your area, enter your zip code above.

By the standards of electricity plans in Texas, this plan has a simple pricing structure.  The components that go in to the average rate are listed below:

Bounce Energy Charge (per kWh) 4.4¢
Bounce Base Charge $4.95
Flat Pass Through Delivery Charge $5.47
Pass Through Delivery Charge per kWh 4.254¢
Total Average Rate 9.2¢/kWh

*Rates are for Houston area as of 9/27/2018. Use the Vaultelectricity.com real time electricity rate comparison tool to see current rates in your area.

Bounce Energy Fantastic Fixed 6 EFL

The important numbers to note are the 4.4¢ Energy charge and the $4.95 base charge.  These charges are specific to Bounce Energy.  The TDU delivery charges are pass-through charges that you will have to pay regardless of the electricity provider you choose.  Unlike many other plans, Fantastic Fixed 6 Plan has no hidden price bumps based on how much electricity you use (or don’t use).

 

Bounce Energy vs. Other Texas Electricity Providers

Here is how the electricity rate for the Bounce Energy Fantastic Fixed 6 Plan compares to the plans from other Texas electricity providers.

Bounce Energy Rates

Rewards

This plan is eligible for the Bounce Energy Rewards program.

Cancellation Fee

This plan has a cancellation fee of $135

Champion Champ Saver 12 Plan – A Closer Look

The Champion Energy Champ Saver 12 is a very popular plan on Vaultelectricity.com.  The plan not only has a low rate but it has the simplest, most straight forward pricing structure you are likely to find among Texas electricity plans.  This means, unlike many other plans, the customer is likely to realize an average price per kWh (kilowatt hour) very close to the rates Champion publishes at all usage levels.  This is because the plan has no tiers and no credits or fees that kick in at certain usage levels.  The rate at 500 kWh is about the same as the rates for 1,000 kWh and 2,000 kWh.

The pricing of this plan has only 2 components.

  1. Delivery Charge from the TDU
  2. Champion Energy Charges

The first charge is a Pass Through Delivery Charge that all providers charge (although it is not always explicitly listed out in the Electricity Facts Label).  See “What is a TDU?”  below for a more detailed explanation of what a TDU is.  In the Houston area, the Delivery Charge consists of a flat fee per month of $5.47 and an additional 3.8711¢ per kWh.  In other parts of the state these rates are slightly different.

The second part of the pricing is Champion’s per kWh energy charge.  In the Houston area this charge is 5.8¢ per kWh.  (Note: This pricing is as of the time of this writing.  Enter your zip code above to see all plans and up to the minute prices in your area.) This energy charge is the same regardless of how much electricity you use.  This is what sets this plan apart from many other plans which have different energy charges for different levels of usage.  The result is consistent pricing regardless of your usage levels.

Champion Champ Saver 12 EFL

Important:  This example is from 8/6/2018 and is for the Houston area.  Please enter your zip code at the top of the page for current plans and prices in your area.

 

What Will My Actual Bill Be?

Here are some examples of what your bill would be at different usage levels.  All Texas electricity providers list average rates at 3 different usage levels (500 kWh, 1,000 kWh, and 2,000 kWh).  So, we will use those levels for our analysis.

 

What your actual bill would be (Houston Area).

500 kWh – This would be the typical average usage level for an apartment in the Houston area.

1000 kWh – This would be the typical average usage level for a small house in the Houston area.

2000 kWh – This would be the typical average usage level for a large house in the Houston area.

The reason the average price per kWh is different for the different usage levels is because of the $5.47 flat fee pass through Delivery Charge.  That fixed amount effects the average rate more at lower usage levels than the higher usage levels.

The chart below shows how the average rate changes based on how much electricity you actually use.  You can see that at 500 kWh the plan starts off at a fairly good rate but gets progressively cheaper – bottoming out at about 9.9¢/kWh at higher usage levels.

champion ave price chart

What is a TDU?

The Delivery charge is the pass through charge from the TDU (Transmission Distribution Utility). This is the company that actually maintains all the power lines and delivers electricity in your area.  It’s different from the Retail Electricity Provider (REP).  The REP is the electric company that sells you the electricity. In this case Champion Energy is the REP.  In the Houston area the TDU is Centerpoint.  In the Dallas/Fort Worth area the TDU is Oncor.

What else do I need to know?

This plan has a cancelation fee of $150 which is pretty standard for a 12 month contract in Texas.

 

What your actual bill would be (Dallas/Fort Worth Area).

500 kWh – This would be the typical average usage level for an apartment in the Dallas/Fort Worth area.

 

1000 kWh – This would be the typical average usage level for a small house in the Dallas/Fort Worth area.

2000 kWh – This would be the typical average usage level for a large house in the Dallas/Fort Worth area.