Compare Laredo Electricity Rates and Companies

August 2025 Laredo Market Update

The best Laredo electricity plans to help you save this August

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.

• The cheapest electricity rate is the Gexa's Eco Saver Plus 12, at 8.7 cents per kWh, for 12 months. If you want the cheapest rate bar none, with no other considerations, this is the plan for you.
• For those long term stability, we have the Frontier Saver Plus 24 at 8.9 cents per kWh, for 2 years. Frontier and Gexa and APG&E are all fighting to lower rates and acquire customers this summer.
• For customers who want a steady rate, summer or winter regardless of usage, the PowerShift Payback 12, from Rhythm 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 13.9 cents per kWh is the set it and forget it option that many Texans are looking for when it comes to electricity.

Compare Laredo Electricity Rates

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

Best Light Companies in Laredo

TexasElectricityRatings, rates the top electricity companies in Laredo

Rank	Provider		Stars	Award
#1		Chariot Energy
#2		Gexa Energy
#3		Payless Power
#4		Constellation
#5		Frontier Utilities

Video - What is The Best Laredo Electricity Rate (Summer 2025)

How to Switch Your Laredo Light Company

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

1. You can switch your electricity company up to 45 days before your electricity contract ends. This is called a "Forward Switch"
2. What is a Forward Switch? - A forward switch allows you to "Switch and Forget" Your new provider will handle all the details and seamlessly transfer you rservice on your contract end date
3. You can switch your electricity company without penalty up to14 days before your contract ends.
4. Your electricity provider is required to notify you that your electricity contract is up 30 days before th econtract end date
5. Then compare electricity rates for Laredo and switch in minutes.

Are You Moving to Laredo?

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

Getting your power turned on in Laredo 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 Laredo.

Electricity Plans for Laredo

• 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 Laredo 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 Laredo 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 Laredo

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 Laredo

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 Laredo

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 Laredo

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 Laredo?

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

Laredo 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 Laredo 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 Laredo

Term

12 Months

Lowest Rate

7.96 ^¢ kWh

Term

12 Months

Lowest Rate

8.08 ^¢ kWh

Term

12 Months

Lowest Rate

8.13 ^¢ kWh

Term

12 Months

Lowest Rate

8.73 ^¢ kWh

Term

12 Months

Lowest Rate

8.76 ^¢ kWh

Term

12 Months

Lowest Rate

9.39 ^¢ kWh

Term

12 Months

Lowest Rate

9.66 ^¢ kWh

Compare the Best Solar Companies in Laredo

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Renewable and Green Energy Options in Laredo

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 Laredo 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 Laredo

What if I have Bad Credit or Cant Afford A deposit

There are several no deposit light companies in Laredo 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.

Laredo 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

FAQ: Laredo Rates, Plans and Providers

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

Reliant Power Savings 24 plan is the cheapest rate from Reliant. It is a 24 month plan with a rate of 14.600 cents per kWh.

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

Constellation offers these plans in Laredo

The following rates are available from Constellation

12 Month Usage Bill Credit	13.70 cents per kWh
24 Month Usage Bill Credit	14.40 cents per kWh
12 Month (No Min Usage Fee)	15.20 cents per kWh

What is a cheap Gexa Energy electricity rate in Laredo?

Gexa Eco Saver Plus 12 is the cheapest rate from Gexa Energy. It is a 12 month plan with a rate of 10.200 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