Austin Electricity Rates, Plans & Suppliers

Currently, the cheapest Austin electricity rate is 11.9 ¢/kWh, 38% lower than the average rate of 19.2 ¢/kWh.

Based on recent order data, the best electricity providers in Austin are Champion Energy Services, TXU Energy, and BKV Energy.

47% are choosing plans with a contract length of 12 months, with 24 month contracts being the second most popular choice at 24%.

The average electric bill in Austin ranges from $140 to $400, with an average electricity usage of 1100-1400 kWh per month.
cheapest Electricity rates and plans in  texas
Stable Rate
Price
17.0 ¢ kWh
Term
24 months
Avg. Bill
$156 per month
Bill Credit
Price
12.2 ¢ kWh
Term
24 months
Avg. Bill
N/A per month
Very Low Bill
Price
15.2 ¢ kWh
Term
24 months
Avg. Bill
$152 per month
Respected Provider
Price
18.7 ¢ kWh
Term
12 months
Avg. Bill
N/A per month
Rates as of May 26, 2024 at 03:26 PM

Compare Austin Electricity Rates

We've researched the best providers and plans so you can find a great electricity rate in Austin

Company Term Rate
Discount Power 24/months 12.2¢/kWh
Cirro Energy 24/months 12.4¢/kWh
4Change Energy 24/months 12.6¢/kWh
Express Energy 24/months 12.6¢/kWh
Frontier Utilities 12/months 12.7¢/kWh
Gexa Energy 12/months 12.7¢/kWh
Chariot Energy 36/months 13.9¢/kWh
Reliant 24/months 13.9¢/kWh
Constellation 12/months 14.5¢/kWh
Amigo Energy 24/months 14.9¢/kWh
Rates as of May 26, 2024 at 03:26 PM
Company Term Rate
Veteran Energy 36/months 13.4¢/kWh
TriEagle Energy 24/months 13.5¢/kWh
Rates as of May 26, 2024 at 03:26 PM

When do Electricity Rates Change in Austin Change?

As Austin moves into winter, you're going to see fixed rate electricity rates drop with the temperature. So if you're looking for cheap Austin electricity rates, fall to winter is the best time to to compare Texas electricity rates.

How to Switch Electricity Companies in Austin?

Switching Electricity companies is simple and seamless with no interruption in service.

  1. When is it Time To Switch Your Power Company: Check your electricity company contract's end date, if you're within 45 days you may forward switch, or within 14 days you can switch without penalty. Your retail electric provider is required to notify you at least 30 days before a contract expires.
  2. Compare electricity rates Austin:If you can find a cheap new rate is dramatically lower it may be worthwhile to switch early and pay the ETF. Lets say youre on a 17 cent rate and youve found a great 11 cent rate. At 2000kWh per month at 17 cents is $340 and 2000kWh at 11 cents is $220. You could save $120 in the first month - so the $60 ETF is worth taking a hit on.
  3. Switch Electricity Company: Once you find a great Austin electricity rate and want to lock it in, you can schedule a forward switch up to 45 days in advance. Ensure you get proof of switch order and date, (you should get an email) and retain any emails for your records.

Austin's Top Electricity Companies

TexasElectricityRatings, rates the top electricity companies in Austin

Rank Provider Stars Award
#1 Champion Energy Services Champion Energy Services  Medal Provider
#2 Payless Power Payless Power  Medal Provider
#3 Constellation Constellation  Medal Provider
#4 Gexa Energy Gexa Energy  Medal Provider
#5 4Change Energy 4Change Energy  Medal Provider

Electricity Plans for Austin

  • Fixed Rate Plans: Offer a fixed rate per kWh (monthly bill may vary based on usage) for the length of the contract, typically 12 to 36 months.
  • Green Energy Plans: Source power from renewable sources such as wind, and solar.
  • No Deposit Plans: Electric companies in Austin offering no deposit sometimes called prepaid electricity plans; allow customers to pay for their electricity in advance. With a no deposit electricity plan, customers can avoid credit checks, deposits, and avoid disconnection for non-payment.
  • Variable Rate Plans: Usually considered as the opposite of fixed rate plans, with these plans the price per kWh will vary month to month.
  • Time of Use Plans: Vary the rate per kWh based on the time of day and/or the season. Customers are often charged a higher rate during the day and a lower rate in the evening. Additionally there
  • Solar Buy Back Plans: This allows Austin homeowners with solar panels earn extra money by selling their surplus electricity to their electricity provider. Often this is in the form of bill credits for electricity that would otherwise go to waste. Electricity companies offering these plans include: Chariot Energy, Rhythm Energy, and Energy Texas.

Austin Electricity Outage and Utility Information

If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance

Centerpoint Energy: 713-207-2222

Oncor Energy: 888-313-4747

AEP Central/AEP North: 866-223-8508

TNMP: 888-866-7456

Contact the Texas Public Utilities Commission with any other concerns:

PUC Customer Protection, P.O. Austin, TX 787111-3326.

Call 1-888-782-8477

Email the PUCT at customer@puc.texas.gov

Are You Moving to Austin?

Texas has a deregulated electricity market. That means Austin Electricity Companies compete for your business. Just like cellphone, Internet, Insurance and credit card companies that compete for your business. And just like those businesses there are plenty of ways that Texas electricity companies can take advantage of you, so we've made it easy. We've rated, ranked, and recommend Austin's best electricity companies and electricity plans that will make your move easy.

Getting your power turned on in Austin is easy. If your home has a smart meter, we can get your power turned on in 4-6 hours. Just enter your zip code to get started.

Compare Local Electric Rates

When shopping for electricity, you will see that rates and plan availability may vary by location. This is due to differences between local utility transmission and delivery fees.

That's why you need to enter your zip code to compare electricity rates in Austin.

Compare Business Electricity Rates in Austin?

You have the power to choose your Commercial and Small Business Electricity Rates in Austin. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.

Austin business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Austin or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.

Commercial Electricity Rates in Austin

Rates as of May 26, 2024 at 03:26 PM

Renewable and Green Energy Options in Austin

Over 30% of the energy produced in Texas is from renewable energy resources such as solar, and wind. In fact, Texas produces more green energy than any other state. And is one of the reasons that Texas has some of the lowest electricity rates in the US.

Every Texas energy provider has about 20% green energy in their mix of energy sources. You can see this in the Fuel Mix section of any Texas Electricity Plan EFL (Electricity Facts Label).

Most Texas electricity companies have a 100% green / renewable energy plan, where 100% of the energy you buy supports renewable energy generators. Some Austin electricity companies are exclusively green, where every plan is 100% green and prices and rates support 100% green energy and renewable generation.

The 3 types of renewable energy plans to select from:

Green energy term plans:
These are similar to traditional 3 to 12 month term plans with 100% green energy.
EV Charging Plans:
Plans targeted at EV owners that are "Time of Use" where you pay low rates at night (between 11PM and 5AM) and a higher rate during the day.
Solar Buy Back Plans:
Plans that allow homeowners who own their solar panels to sell excess power back to their provider or offset their electricity bill with excess power generated by their solar panels and may earn bill credits of up to .25 cents per kWh exported back to the grid.

Five Green Electric Plans for Austin

Company Term Rate
Gexa Energy 12/months 12.7¢/kWh
Chariot Energy 36/months 13.9¢/kWh
TriEagle Energy 24/months 16.2¢/kWh
Rhythm 24/months 16.3¢/kWh
GoodCharlie Energy 36/months 18.1¢/kWh
Rates as of May 26, 2024 at 03:26 PM

FAQ: Austin Rates, Plans and Providers

What is a cheap Gexa Energy electricity rate in Austin?

Gexa Eco Saver Plus 12 is the cheapest rate from Gexa Energy. It is a 12 month plan with a rate of 12.700 cents per kWh.

You can order the Gexa Eco Saver Plus 12 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website

Is it true that Reliant has a low price in Austin?

Reliant Power Savings 24 plan is the cheapest rate from Reliant. It is a 24 month plan with a rate of 13.900 cents per kWh.

We recommend you compare electricity rates in Austin and see if this plan is right for you.

What Austin Reliant electricity plans are available?

The following rates are available from Reliant

Reliant Power Savings 24 plan13.90 cents per kWh
Reliant Power Savings 12 plan15.50 cents per kWh
Reliant Conservation 24 plan15.50 cents per kWh
Reliant Power Savings 24 plan15.50 cents per kWh
Reliant Basic Power 24 plan15.80 cents per kWh
Reliant Conservation 12 plan15.90 cents per kWh
Reliant Basic Power 12 plan16.20 cents per kWh
Reliant Conservation 24 plan16.50 cents per kWh
Reliant Basic Power 24 plan16.80 cents per kWh
Reliant Conservation 12 plan16.90 cents per kWh
Reliant Basic Power 12 plan17.20 cents per kWh
Reliant Power Savings 12 plan17.50 cents per kWh

Gexa Energy offers these plans in Austin

The following rates are available from Gexa Energy

Gexa Eco Saver Plus 1212.70 cents per kWh
Gexa Eco Saver Plus 2412.70 cents per kWh
Gexa Eco Saver Plus 1213.00 cents per kWh
Gexa Eco Saver Plus 2413.00 cents per kWh
Gexa Eco Saver Value 1217.00 cents per kWh
Gexa Eco Saver Value 1218.00 cents per kWh
Gexa Light Saver 1218.50 cents per kWh
Gexa Saver Freedom 3618.60 cents per kWh
Gexa Light Saver 1219.50 cents per kWh
Gexa Saver Freedom 3619.70 cents per kWh
Gexa Eco Saver Lite 1220.70 cents per kWh
Gexa Eco Saver Lite 1221.70 cents per kWh
Gexa Eco Saver Advantage 1221.70 cents per kWh
Gexa Eco Saver Premier 1221.90 cents per kWh
Gexa Eco Saver Premier 2421.90 cents per kWh
Gexa Eco Saver Premier 1222.70 cents per kWh
Gexa Eco Saver Premier 2422.70 cents per kWh
Gexa Eco Saver Advantage 1223.30 cents per kWh