Compare Eddy Electricity Rates and Companies

Compare the best Electricity rates and plans in Eddy texas
New Plan
Price
10.6 ¢ kWh
Term
36 months
Avg. Bill
$106 per month
2 Year Price
Price
10.9 ¢ kWh
Term
24 months
Avg. Bill
$109 per month
Low Average Bill
Price
10.6 ¢ kWh
Term
24 months
Avg. Bill
$106 per month
Respected Provider
Price
15.5 ¢ kWh
Term
12 months
Avg. Bill
$155 per month
Rates as of May 28, 2025 at 02:12 PM

May 2025 Eddy Market Update

The best Eddy electricity plans to help you save this May

Summer heat in Texas is as certain as death and taxes, and the best time to lock in a rate is February through April. The second best time to lock in a rate is today, particularly before we hit the summer heat peaks of July and August.

Our energy analyst team recommends these plans right now
  • The cheapest electricity rate is the Chariot Energy GridEdge 36, at 10.6 cents per kWh, for 3 years. That comes with long term bill security and is great for shoppers who dont want to hit the market for a new plan every year. That can kill two birds with one stone for many Texas shoppers.
  • For those looking for a shorter 12 month plan, we have the Frontier Saver Plus 12 at 10.8 cents per kWh, for 1 year. Its the lowest 12 month plan on our website currently, and has a sweet bill credit for customers who dont use too much, or too little, electricity. Great for medium sized home owners.
  • For those customers who use over 2500 kWh of electricity in the summer, but not much in the winter, and who dont want any bill surprises, the Think Clean 12, from Think Energy, is the way to go. Its a flat plan with pretty much the same rates across all usage tiers, this is the plan at 14.5 cents per kWh is the set it and forget it option that many Texans are looking for when it comes to electricity.

Compare Eddy Electricity Rates

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

Company Term Rate
APG&E 13/months 10.6¢/kWh
Chariot Energy 36/months 10.6¢/kWh
Frontier Utilities 12/months 10.7¢/kWh
Gexa Energy 12/months 10.8¢/kWh
4Change Energy 12/months 10.8¢/kWh
Express Energy 12/months 10.8¢/kWh
Discount Power 12/months 11.4¢/kWh
Veteran Energy 12/months 13.8¢/kWh
Reliant 24/months 13.9¢/kWh
TriEagle Energy 24/months 13.9¢/kWh
Rates as of May 28, 2025 at 02:12 PM

Best Light Companies in Eddy

TexasElectricityRatings, rates the top electricity companies in Eddy

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 TriEagle Energy TriEagle Energy  Medal Provider
#5 Reliant Reliant  Medal Provider

Video - What is The Best Eddy Electricity Rate (Spring 2025)

How to Switch Your Eddy Power Company

Finding a new electricity provider in Eddy is simple. Follow these simple steps to get the lowest electricity rate in Eddy.

  1. Compare Eddy power companies and prices
  2. Enter your zip code and compare the latest electricity plans from the best Eddy electric companies.

  3. Review electricity plan details
  4. Plan details allow you to view the important information about the plan into a way that is easy to understand.

  5. Complete your order
  6. Once you've selected the best plan, order online through our easy to use platform. We're connected directly to every major Texas electricity company. Once complete you'll receive a confirmation email with your order information and your order status.

Are You Moving to Eddy?

Texas has a deregulated electricity market. That means Eddy 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 Eddy's best electricity companies and electricity plans that will make your move easy.

Getting your power turned on in Eddy 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 Eddy.

Electricity Plans for Eddy

  • 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 Eddy 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 Eddy 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.

Electricity Plan Types in Eddy

Now that we have explained TDSP rates, the second thing to consider is the type of electricity plans a customer can buy. Each plan will likely end up having different rate scales. There are three types of electricity plans you can choose from when selecting an energy plan that best fits your needs.

Fixed Rate Electricity Plan in Eddy

Lock in low energy rates for a period of months ranging from 9 to 36. Be aware that these contracts typically charge an early termination fee if you switch before your term ends.

Variable Rate Electricity Plan in Eddy

Month to month contracts with rates that vary. You won't have to worry about deposits or early termination fees, but rates can decrease or increase from month to month.

Pre-Paid Electricity Plan in Eddy

You deposit money into an account that your energy company bills directly depending on your use. Keep in mind there are often daily charges with these plans. Rates typically change from month to month.

There are other kinds of plans, such as green plans, or plans that come bundled with things like Smart Thermostats, but for the most part, these three plans are the main three kinds of choices available.

Compare Business Electricity Rates in Eddy?

You have the power to choose your Commercial and Small Business Electricity Rates in Eddy. 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.

Eddy 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 Eddy 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 Eddy

Rates as of May 28, 2025 at 02:12 PM

Renewable and Green Energy Options in Eddy

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 Eddy 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 Eddy

Company Term Rate
Chariot Energy 36/months 10.6¢/kWh
Gexa Energy 12/months 10.8¢/kWh
Rhythm 12/months 14.3¢/kWh
Think Energy 12/months 14.5¢/kWh
Champion Energy Services 24/months 15.6¢/kWh
Rates as of May 28, 2025 at 02:12 PM

What if I have Bad Credit or Cant Afford A deposit

There are several no deposit light companies in Eddy that can get your lights on tonight. No deposit electricity plans require that you prepay for your electricity. You can order online, and deposit a small amount - generally $25-$75 and get your lights on in a few hours. Once youve ordered service, you download an app and that reminds you when you need to deposit more money to keep your lights on.

Company Term Rate
Payless Power 12/months 19.3¢/kWh
Payless Power 6/months 19.3¢/kWh
Rates as of May 28, 2025 at 02:12 PM

Eddy Electricity Outage 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, or TNMP - 888-866-7456

Contact the Texas Public Utilities Commission with any other concerns: PUC Customer Protection, P.O. Austin, TX 787111-3326. Phone: 1-888-782-8477, Email at customer@puc.texas.gov

Find rates for your zip code in Eddy

FAQ: Eddy Rates, Plans and Providers

What is a cheap Reliant electricity rate in Eddy?

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.

You can order the Reliant Power Savings 24 plan plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website

Is it true that TXU Energy has a low price in Eddy?

Clear Deal 12 is the cheapest rate from TXU Energy. It is a 12 month plan with a rate of 15.900 cents per kWh.

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

What Eddy 4Change Energy electricity plans are available?

The following rates are available from 4Change Energy

Maxx Saver Select 1210.80 cents per kWh
Maxx Saver Select 2410.90 cents per kWh
Cash Money 1215.90 cents per kWh
One Rate 1216.70 cents per kWh
One Rate 2416.70 cents per kWh
Power Maxx Saver 2419.10 cents per kWh
Power Maxx Saver 1219.10 cents per kWh