r/TexasEnergyShopping

Cheapest Electricity Plans on PowerToChoose May 20, 2026

Good morning Texas - I just realized I had not posted one of these in a month! Sorry to anyone that was looking for an update.

Here are the cheapest Texas electricity plans on PowerToChoose.org today - click the link to copy a Google sheet to your Drive: https://docs.google.com/spreadsheets/d/1GkPsLg5f-vcogp3LCZYcofU-jrJcOMrLhjEY5ivmZy8/copy

As always, I've filtered out plans using this logic:

  • No variable rates
  • No prepaid plans
  • No time-of-use plans
  • No plans with minimum usage fees, tiered pricing, or bill credits
  • No base charges
  • No connected thermostat required
  • No credit processing fees
  • No charges for autopay or e-billing settings getting turned off

All of the plans in the list should be as basic as can be - just energy charge to your provider and delivery charges to your regional utility.

The most affordable providers vary by region, but here's the general list:

  • True Power
  • Budget Power
  • Company
  • Frontier
  • Gexa
  • BKV Energy
  • Rhythm
  • APG&E

Some other notes... I removed Energy Texas because those plans are duplicates of the Rhythm Energy plans. They are the same company and the plans have identical terms and pricing on PowerToChoose.

You may have seen recent post where I called out some brands for business models that rely on selling customers to other providers. I haven't removed those brands because it's your choice whether you want to deal with that. They still have good rates.

Let me know if there are any questions!

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u/Rude-Athlete-8149 — 1 day ago

Bill Credits

Current plan with Octupus expires April 2027. Centerpoint energy area/houston.

500 - 13$

1000 - 12.5$

2000 - 12$

I just moved into a 2bd 1300 sq ft apt so i am considering signing up for a bill credit plan with Rhythm as follows

18.3 - 500

8.3 1000

13.3 2000

basically i need ways to meet at least 1000 kwh per month. Thinking of lowering the ac to 73 all day, more washing/drying, etc. I can track the usage online.

i know bill credit get a bad rap. am i dumb for doing this?

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u/OrdinaryMix4013 — 2 days ago

I think I did pretty good, signed up in mid April and been searching since to see any better rates but haven’t found one

Monthly usage is over 2,000kWh. Average 2,300kWh with the high and low months, every month is over 2k.

I’ve been searching powertochoose for a bit before the earliest signup date and saw this rate. 12.3cents per kWh for 2,000kWh. Early termination fee of $150. I signed up for it.

Since then, I seen it dropped to about 12cents through 12.1cents for the same plan, then it suddenly vanished. I’m looking at similar 36 month plans and there were some comparable to it but the early termination fee was over $300.

I think I did pretty good, with the low early termination fee so if rate drops significantly, it’ll be easier to change plans without having the rate need to drop too much to the ETF worth it. I have it planned to start shopping around April for my plans, which is usually the lowest rate next to September/October.

I think I scored on this rate, especially at 36 months fix rate non time of usage. This is in the Houston market.

u/waynetogo — 7 days ago

Some electricity providers exist just to sell you off to a more expensive provider

There are a few electricity providers in the Texas deregulated market that exist with this business model:

  • Step #1: Acquire as many customers as they can at a loss - meaning the rates they offer are so low compared to the cost of wholesale power, they make no money from your bills
  • Step #2: Sell your account, along with thousands of others, to a bigger, more expensive provider

Why this matters:

  • You get a low rate from the first provider.
  • Then you get sold off.
  • Then, it's very likely your renewal offer from the bigger provider will be a significant increase from your previous rate.
  • There may be fees with the new provider if you don't set up autopay or e-billing.
  • You can switch within 14 days of the sale.

If you're okay with constantly switching providers every year, that's fine. The bigger provider is required to honor your rate until the end of the original contract. You can just switch before you renew with them.

If you'd rather stick with a provider that will treat you right, these are the providers to avoid:

If you've ever been sold to another provider, share your story!

u/Rude-Athlete-8149 — 8 days ago

Spent a weekend comparing 127 north Texas electricity plans so you don't have to — here's what I found

I just went through the full Power to Choose export for north Texas and compared every plan mathematically against my actual 12 months of usage history. Figured I'd share since this question comes up constantly here.

The short version: After adjusting for hidden fees and real-world usage levels, Energy Texas No Bull 12 is the best value 12-month fixed plan I found for most north Texas households. Their current rate works out to about 12.7¢/kWh at 1,000 kWh — the current north Texas market average across all providers is 15.38¢. That's a meaningful difference on every single bill.

What I looked at and ruled out:

The "bundle" plans from Tara Energy, Amigo, and Just Energy (Sustainable Home Bundle, Sustainable Lifestyle, etc.) look cheapest on Power to Choose but hide a mandatory $49.99 GoodBundle setup fee inside the averaged rate. Add that back and they're worse than Energy Texas.

Min-usage credit plans like "Texas Two-K" that offer bill credits for using 2,000+ kWh/month are a trap unless you're actually hitting that threshold. Most households don't, so the credit is effectively phantom pricing.

Free nights plans (Chariot Bright Nights) only beat a flat rate if you can shift 45%+ of your usage to the 11pm–6am window. For a typical household without an EV that's not realistic.

Smart thermostat situation: if you have a Nest, there's not much in this market for you right now — Octopus has a $25 one-time Rush Hour Rewards credit and that's about it. If you have or are planning to get an Amazon or Honeywell smart thermostat though, Energy Texas gives you $5 off your bill every single month just for having it connected. That's $60/year on top of an already competitive rate, and it stacks with the autopay and paperless credits already baked into the plan price.

With LNG markets still tight from the Iran conflict and ERCOT demand growing fast from data centers and industrial load, locking in a rate now at 12.7¢ looks a lot smarter than waiting and hoping rates stay flat. The industry forecast is rates up roughly 29% by 2030.

Disclosure: Energy Texas has a refer-a-friend program — we both get $100 bill credit. If this was useful and you want to use my link: https://energytexas.com/raf?referralCode=Y75sd5SIfF

No pressure at all. The plan info stands regardless, just being upfront about it.

u/chrismfcraft — 6 days ago

Best Rates? Gexa, Octopus, TXU, and 4change in Carrolton Texas

“Moving into a 990 sqft apartment in Carrollton (Oncor area). Just me and my spouse. Looking for honest fixed-rate electricity providers without gimmicky bill credits or hidden fees. Considering Gexa, Octopus, TXU, and 4Change.

Update: I decided to go with Energy Texas fixed rate plan. Here is the link $100 discount on your bill which will appear after 60 days, the code is if you want to give to customer support guy : Pc9sL6LXqb

https://energytexas.com/raf?referralCode=Pc9sL6LXqb&utm_source=raf&utm_medium=my-account

u/JeffTTG — 9 days ago

Who has experience with VPP??

Hello, my fellow texans

A solar agent/sale person told me that there's a subsidized program from both Texas gov & center point.

(Virtual Power Plant)

They say that I, wouldn't pay for anything (not the solar panels, or batteries or even installation). I set up a meeting this Saturday (05/16/26)

What should i ask them??

Should I join?

Im currently with TXU Energy and pay 0.128 /kWh

This resent bill I consume 1190 kWh. However like any service there's always additional cost bringing my bill too $227

My average bill is $245

I would also like to mention that I have heard that it's a lease of 25 years.

They promise .12/kWh or even .10/kWh bill

They also make you sign a POA in order to choose an energy provider for you.

The battery needs to be inside the household.

Any help or opinion is greatly appreciated.

Thank you.

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u/Disastrous_Guide_98 — 10 days ago