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Texas Electric Companies

It’s now easier than ever to find cheap rates from the best electric companies in Texas. Because Texas is a deregulated electricity state, there are numerous options to choose from. While many of the electric companies are top notch, there are others that simply don’t make the grade.

Fortunately, VaultElectricity.com has weeded out the weak providers. We only show the best plans from the top electric companies. You can be confident that when you compare electricity rates on our site you are only seeing high-quality plans from the top companies.

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What You Need To Know When Comparing Texas Electric Companies

The most important thing to know when shopping for a new electric company is how to weed out the undesirable energy providers. There are dozens of electricity providers in Texas fighting for your business. Some of them use shady tactics to trick you into switching to their plans. Others try to hide how close they are to going bankrupt.

Luckily, you have decided to use VaultElectricity.com to choose an electric company. We have already done the work of weeding out the unscrupulous and weak electricity providers. You can rest assured we only show electricity plans from the best electricity companies in the marketplace.

How to Find the Cheapest Electric Company

To find the cheapest electric company, simply enter your zip code at the top of the page. You will then be taken your city’s page. There you will find the electricity plans available in your area. The cheapest electricity rate will be listed first. You can scroll down to see all of the electric company offerings. Make sure you select the type of home you have.

If you have other criteria you are looking for in an electric company, you can filter for it. For example, if you want a plan that uses 100% renewable energy, use the drop-down box to filter out the non-green energy plans. If you want to see the plans available for military families, you can filter for that, too.

Examples of Cheap Electricity Rates in Texas

Best Electric Companies in Texas

 

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Criteria for Determining the Best Electric Companies

When selecting the best companies, we take many factors under consideration. Obviously, some factors carry more weight than others. Here are the elements we believe are the most important. They are the first questions we must answer when determining whether or not an electric company meets our standard of excellence.

Financial Strength

The financial strength of the electric company is a very important factor. In fact, it’s the first element we take into account when deciding whether or not to allow an electric company post offers on our site. If the company has a risky survival outlook, we turn them down flat. It is shocking how many electricity companies we have turned down. We are proud of the fact that we have never placed a single person with a company that suddenly shut down.

Customer Service

Customer service is another top determining factor. If the electric company has a history of poor customer service, we do not want to do business with them. Why would we? If our clients are not happy with the electric company they chose on our site, they won’t be happy with us. Because so much of our business is from repeat customers, our customer satisfaction is very important to us.

Ease of Doing Business

Electric companies can differentiate themselves by making it easy for their customers to do business with them. Having a call center that is available in the evenings and on the weekends is a huge benefit for the customers. Being able to pay in numerous ways is always a hit. Having the ability to go paperless is also welcomed. Having access to your account via a phone means you are always in control of your account.

Hidden Fees

No one likes to get slapped with unnecessary fees. Many of the lower-tiered providers charge for everything under the sun. Why would someone want to do business with a company that “nickels and dimes” them at every turn? VaultElectricity.com believes the only charges a customer in good standing should ever be asked to pay are the standard electricity usage fees that are clearly spelled out at the time of enrollment.

Diversification of Energy Plans

Because there is no “one size fits all” when it comes to electricity plans, quality energy companies need to have multiple plans to choose from. There needs to be plans that are appropriate for different sized homes. After all, a one-bedroom apartments will use much less electricity than a large multi-storied house. So, there should be plans targeted for those expected energy usage levels. There should also be plans with different term lengths, from month-to-month to multiyear.  Electric plans offered in Texas have many pricing models including fixed rate plans, flat rate plans, variable rate plans, and indexed plans.

Best Electricity Rates

If the electric company does not have cheap electricity rates, you probably will not find them on the list. After all, you found us because you are looking to save money on your electric bill. There are two exceptions to this, however. Firstly, if they have unique plans or philosophies (such as green energy or philanthropic offerings), we would look past the rate and still potentially list their plans. And secondly, we understand that occasionally the energy companies will need to price themselves out of the marketplace for a short amount of time. We allow for this, as long as it’s not a permanent change.

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The Best Electric Companies in Texas

4Change Energy

Electric Company - 4Change

4Change Energy has 10 years of experience as an electric company in Texas. They were founded with the goal of helping the local community, and they have certainly met that goal. Known as the “electric company with heart,” they donate 4% of their earnings to charity. When you begin new service with 4Change, you get to choose which charity you wish to contribute to.

4Change has a great history of positive customer satisfaction. Without fail, they stand behind their 100% satisfaction guaranty. More than any other electric company, they go to great lengths to make sure their customers are happy with the service they receive.

Direct Energy

Electric Company - Direct

Direct Energy is one of the largest electric companies, with operations in all 50 states and in Canada.

Direct Energy takes an usual approach to their customer acquisition in Texas. At times, their rates are very competitive. But at other times, they purposefully price themselves out of the market. The periods of high rates can last for several months. They will then suddenly flip the switch again and drop their rates to entice new customers.

Direct has recently been purchasing competing electricity brands, as well as HVAC and electrical service companies.

Gexa Energy

Electricity Provider - Gexa

Gexa Energy has taken plan diversification to a a whole new level. They have targeted-usage plans, tiered plans, 100% renewable energy plans, and flat rate plans. If there is a certain type of electricity plan you are looking for, Gexa will probably have several to choose from.

In case you get started with a plan that doesn’t work out for you, they have a 60-Day Happiness Guarantee. You can use that to switch to a different plan without having to pay a penalty.

TriEagle Energy

Electricity Provider - TriEagle

TriEagle Energy has been providing electricity to Texas consumers for more than a decade. As their customer satisfaction scores show, they know how to deliver what their customers are wanting.

TriEagle was one of the first electric companies to actively market smart thermostats to their clientele. The thermostats have helped the customers lessen their overall electricity usage. Lower electric bills means happy customers. Well done, TriEagle.

Green Mountain Energy

Electric Company - Green Mountain

Green Mountain Energy has been in the Texas electricity marketplace for almost 20 years. As the only 100% green electric company operating in the state, GME is in a class of its own.

Founded in Vermont (The Green Mountain State, of course!), they relocated their headquarters to Austin, Texas in 2000. Since then, they have been a driving force in changing the way we go about using renewable energy in our daily lives.

Reliant Energy

Electricity Provider - Reliant Energy

Reliant Energy also has long-time ties to Texas. Before deregulation Reliant was the sole provider of electricity to Houston. Like TXU in Dallas, Reliant has the best name-recognition in the Houston area. Reliant wants to keep that status, so they have their advertising campaigns going full throttle. Now that they are owned by NRG, they have a larger budget to use for the publicity push. NRG is one of the largest electricity providers in North America, so their pockets are deep.

TXU Energy

Electric Company - TXU

TXU Energy is one of the oldest energy businesses in the state. For over 100 years, TXU has been providing electricity to Texas, so it’s no wonder they have one of the most recognized brand names in the industry.

Before Texans had the power to choose, TXU was the only electricity provider in the Dallas area. In fact, we occasionally come across people that think that is still the case.

TXU was the first electric company in the state to market an electricity plan that claimed to offer free electricity during the evening hours. The TXU Free Nights and Weekends Plan is still be touted in television ads. Initially, quite a few consumers gave it a shot. Interest in the product has waned in recent years.

Cirro Energy

Electric Company - Cirro Energy

Cirro Energy has been active in Texas ever since the state deregulated in 2002. Although they were purchased by NRG in 2014, they have been able to keep their brand separate from the fleet of other electric company brands NRG as acquired.

They have quite an assortment of plans. They offer terms from month-to-month to three years, and they have fixed and variable rate plans. Cirro also has bill credit plans, as well as 100% green energy plans.

Payless Power

Electricity Provider - Payless Power

Payless Power is a highly rated prepaid electric company. They have been offering no-deposit electricity in Texas for over ten years. They have plans to offer traditional post-paid electricity, but as of now they are strictly a prepaid electric company.

Their customers love them. More than any other electric company, Payless gives their customers many account-tracking tools. From your phone or computer, you can log in to your account and see how much electricity you have used and how much money is currently in your account. You can add money the same way, or through a number of physical locations.

Frontier Utilities

Electric Company - Frontier Utilities

Frontier Utilities also has over ten years of experience in Texas. The way they have separated themselves from the other electric companies is by offerring plans with very narrow usage targets. Due to this strategy, Frontier has a large number of plans to choose from.

While these plans can work for a household with electricity usage that stays constant 12 months a year, not many families have such consistant usage numbers. The exceptions to that generalization are homes with very low usage (under 500 kWh per month), and homes that never use less than 2000 kWh. In these cases, the plans can be very beneficial.

A list of Every Electric Company in Texas

Company NamePUC #PUC Complaint
Score (1-5)*
Phone Number
4Change 100412855 550-6662
Acacia Energy 101371866-302-3233
Almika Solar 102784888-481-1782
Ambit Energy 101173877-282-6248
Amigo Energy 100813888-331-8871
Ampra Energy 102784888-678-7866
Branch Energy 10290833-502-2685
Brooklet Energy101371855 447-2946
Champion Energy100984844 694-2343
Chariot Energy 102602855 524-2746
Cirro Energy 101773800 692-4776
Cleansky Energy 102681888-355-6205
Clearview Energy 10129800 746-4702
Constellation Newenergy100144888-900-7052
Direct Energy 100404855 307-6922
Discount Power 101773877-677-4355
Eligo Energy 10246888-576-9473
Energy To Go 102592888 853-5202
Express Energy 100412833 913-3445
First Choice Power 100081888 980-6898
Frontier Utilities 101692877 391-1587
Gexa Energy100273855 639-8259
Green Mountain Energy Company 100094844 634-6092
Hello Energy 100984844 856-9383
Heritage Power10251888 551-0373
Hudson Energy Services Llc 10092866-466-3870
Infuse Energy102235844-463-8732
Just Energy 100522877-282-6248
Liberty Power 10118866–769–3799
Lone Star Energy 102592888-853-2882
MP2 Energy Texas101745877 238-5343
Nec Co-Op Energy 101665855-632-7348
New Power Texas 102592888-853-5747
Now Power 101371844-669-7697
Octopus Energy 102621833-628-6888
Ohmconnect Energy 10280844 646-2664
Our Energy 10170281 552-8390
Payless Power 101102855 564-1181
Penstar Power 10087800 687-5700
Peso Power 102784888 688-1363
Pogo Energy 102281888 764-6669
Powernext 102592888-853-5141
Pronto Power  102054844-621-2852
Pulse Power Llc 102592833-785-7797
Ranchero Power 102643888-204-3202
Reliant 100075855 632-7028
Rhythm Energy 102793833-774-9846
Rio Power & Light 10126
SFE Energy Texas Inc 10249888-351-2169 
Southern Federal Power102643844-644-0474
Southwest Power & Light 101265866-941-7976
Spark Energy100461877-547-7275
Stream Energy 101045888-685-7693
Summer Energy102054888-594-9299
Tara Energy 100513844-466-3808
Texans Energy 10141855-508-3926
Texpo Energy 101265877-839-7657
Think Energy 102042888-923-3633
Trieagle Energy100643877 933-2453
True Power 10287888-642-8783
TXU Energy 100045877 283-0650
V247 Power Corporation 10210855-888-9888
Varsity Energy102714877 827-7389
Veteran Energy 100412888-367-7470
Vital Power 10137844-227-2649
Volt Electricity Provider Lp 10226281-369-5900
Windrose Energy 102545281-845-2978
Xoom Energy Texas Llc 10203888-997-8979
Yep 101265866-937-5937
The list above contains every electric company in Texas that acts as a Retail Electricity Provider in deregulated parts of the state.
* A Score of 5 is the best.

Texas Electricity Co-ops and Municipal Electricity Providers

Those parts of the state that aren’t open to choice get their electricity from one of the states many electricity cooperative utilities.

Frequently Asked Questions

What are the cheapest electric companies in Texas?

There are many retail electricity providers that off service in the deregulated areas of the state. Texas is a very competitive marketplace for electricity. This works to the benefit of consumers. Electric companies are constantly competing with each other to offer not only the cheapest rates but the most innovative products. Use our electricity rate comparison tool to see up to the minute rates in your city.

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Can I choose my electricity company in my city?

Most people in Texas have the option to shop for electricity and choose a provider and an electric plan that fits their budget and lifestyle. Enter your zip code above to see rates in your area.

Is TXU Cheaper than Reliant?

Both TXU and Reliant are among the oldest and largest electric companies in Texas. They both enjoy a high level of name recognition and brand loyalty. People who grew up in the Dallas/Fort Worth area are more familiar with the TXU name. Many older residents think of TXU as THE electric company. The same can be said for Reliant in the Houston area.

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Both of these companies tend to compete on name recognition and product innovation rater than trying to offer the cheapest rates. For example, TXU was the first company to offer Free Nights electric plans and they have developed many more similar electric plans since then.

Rates change often. To see how TXU and Reliant compare to other electric companies offering service in your area, enter your zip code into the search box at the top of this page for a complete list of electricity plans offered in your area.

Do I need call my current electric company to tell them I’m leaving?

No, you do not. The switch over to the new electric company is automatic and seamless.

Do the electric companies offer same day service?

Yes, they do. Because every electric meter in Texas is a digital smart meter, service can be switched to the new provider in real-time.

My electric plan is expiring, and the electric company isn’t allowing me to stay at the same rate. What should I do?

This is a normal strategy used by the electric companies. The cheapest plans they offer are almost always used to gather new customers. Because of this, they are only available to “new customers.” You would think the electric company would be eager to keep their existing customers, but evidently not. It’s not a strategy we would use in a business, but that’s how the market is playing out now.