Matador Electricity Rates, Plans & Suppliers

The cheapest Matador electricity rate is 13.7 ¢/kWh, 26% lower than the average rate of 18.4 ¢/kWh.

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

The average electric bill in Matador is $160, with average electricity usage of 1100 per month.
cheapest Electricity rates and plans in  texas
Lowest Rate
Price
11.0 ¢ kWh
Term
36 months
Avg. Bill
$110 per month
Bill Stability
Price
11.1 ¢ kWh
Term
24 months
Avg. Bill
$111 per month
Low Average Bill
Price
15.0 ¢ kWh
Term
6 months
Avg. Bill
$150 per month
Respected Provider
Price
15.8 ¢ kWh
Term
24 months
Avg. Bill
$158 per month
Rates as of Dec 07, 2024 at 06:38 AM

Compare Matador Electricity Rates

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

Company Term Rate
Chariot Energy 36/months 11.0¢/kWh
Gexa Energy 12/months 11.0¢/kWh
4Change Energy 24/months 12.3¢/kWh
Frontier Utilities 12/months 12.3¢/kWh
Think Energy 12/months 13.4¢/kWh
Discount Power 24/months 13.9¢/kWh
Veteran Energy 12/months 14.3¢/kWh
TriEagle Energy 36/months 14.4¢/kWh
Tara Energy 24/months 14.4¢/kWh
Amigo Energy 24/months 14.4¢/kWh
Rates as of Dec 07, 2024 at 06:38 AM

How Often do Electricity Rates Change in Matador Change?

Matador electricity rates change continually throughout the year. Multiple factors impact the rate, including weather, and natural gas prices. Hot and cold weather drive prices up, while mild weather and reduced demand bring prices down. Keep in mind that every light company has it's own pricing formula and may be in a phase to acquire customers with low rates, or may be in a conservative position and have high rates. The key is to shop when your contract comes up. There's always a deal to be had.

Video - What is The Best Matador Electricity Rate (September 2024)

How to Switch Electricity Companies in Matador?

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 Matador: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 Matador 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.

Best Light Companies in Matador

TexasElectricityRatings, rates the top electricity companies in Matador

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

Electricity Plans for Matador

  • 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 Matador 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 Matador 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.

Matador 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 Matador?

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

Getting your power turned on in Matador 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 Matador.

Compare Business Electricity Rates in Matador?

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

Matador 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 Matador 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 Matador

Rates as of Dec 07, 2024 at 06:38 AM

Renewable and Green Energy Options in Matador

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 Matador 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 Matador

Company Term Rate
Chariot Energy 36/months 11.0¢/kWh
Gexa Energy 12/months 11.0¢/kWh
Think Energy 12/months 13.4¢/kWh
Rhythm 6/months 14.9¢/kWh
Champion Energy Services 24/months 16.3¢/kWh
Rates as of Dec 07, 2024 at 06:38 AM

FAQ: Matador Rates, Plans and Providers

What Matador TriEagle Energy electricity plans are available?

The following rates are available from TriEagle Energy

Sure Value 3614.40 cents per kWh
Sure Value 1215.00 cents per kWh
Sure Value 2415.00 cents per kWh
Simple Savings 3615.70 cents per kWh
Savvy Value 3616.20 cents per kWh
Simple Savings 1216.30 cents per kWh
Simple Savings 2416.30 cents per kWh
Simple Green 3616.70 cents per kWh
Savvy Value 1216.80 cents per kWh
Savvy Value 2416.80 cents per kWh
Simple Green 1217.30 cents per kWh
Simple Green 2417.30 cents per kWh

What is a cheap Amigo Energy electricity rate in Matador?

Bright 75 Plus - 24 is the cheapest rate from Amigo Energy. It is a 24 month plan with a rate of 14.400 cents per kWh.

You can order the Bright 75 Plus - 24 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website