Compare Santa Fe Electricity Rates and Companies
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Recommended Santa Fe Electricity Plans
November 2025 Santa Fe Market Update
The best Santa Fe electricity plans to help you save this November
We're right in the middle of the Fall season here in Texas, and that means we're also smack dab in the middle of shopping season. The best time to lock in a rate is February through April. The second best time to lock in a rate is today, particularly to shop for a 12 month plan that gets you a good rate through NEXT summer in Texas.
Our energy analyst team recommends these plans right now- The cheapest electricity rate is the Chariot Energy GridEdge 6, at 9.1 cents per kWh, for 6 months. If you want the cheapest rate bar none, with no other considerations, this is the plan for you. This rate does include a Bill Credit, keep that in mind.
- For those long term stability, we have the Chariot Energy GridEdge 36 at 11.0 cents per kWh, for 3 years.
- For customers who want a steady rate, summer or winter regardless of usage, the Champ Saver 18, from Champion 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 16.1 cents per kWh is the set it and forget it option that many Texans are looking for when it comes to electricity.It will come off contract around the summetime, though, so be cautious there.
Compare Santa Fe Electricity Rates
We've researched the best providers and plans so you can find a great electricity rate in Santa Fe
| Company | Term | Rate |
|---|---|---|
| Chariot Energy | 6/months | 9.1¢/kWh |
| APG&E | 8/months | 9.1¢/kWh |
| Frontier Utilities | 8/months | 9.6¢/kWh |
| Gexa Energy | 8/months | 9.7¢/kWh |
| Discount Power | 24/months | 9.9¢/kWh |
| Rhythm | 12/months | 10.3¢/kWh |
| Energy Texas | 12/months | 10.3¢/kWh |
| Octopus Energy | 8/months | 13.4¢/kWh |
| TriEagle Energy | 12/months | 13.9¢/kWh |
| Think Energy | 12/months | 14.3¢/kWh |
Video - What is The Best Santa Fe Electricity Rate (Fall 2025)
When do Electricity Rates Change in Santa Fe Change?
As Santa Fe moves into late summer, you're going to see fixed rate electricity rates increase with the temperature. So if you're looking for cheap Santa Fe electricity rates, now, rather than later is the best time to to compare Texas electricity rates.
Santa Fe's Best Light Companies
TexasElectricityRatings, rates the top electricity companies in Santa Fe
| Rank | Provider | Stars | Award | |
|---|---|---|---|---|
| #1 |
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Chariot Energy |  |
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| #2 |
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Gexa Energy | |
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| #3 |
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Payless Power |  |
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| #4 |
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Energy Texas | |
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| #5 |
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Constellation | |
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5 Things to Know Before You Order Santa Fe Electricity Service
- Know your usage. Ok you don't have to "know" but you should have an idea. Are you moving into an apartment/small house, a medium size home or condo, or a large home? Home size matters and relates to the average usage. Electricity rates are based on volume and are based on 500kWh, 1000kWh and 2000kWh use per month. In other words a small house or apartment customer will generally pay a higher rate than a high usage / large house customer.
- Know your credit score. Do you have great, average or poor credit? If you have average or poor credit you'll probably be asked to pay a deposit - generally $150-$300. You can also use a no-deposit plan that you pre-pay.
- Understand Utility Charges. TDSPs are the local electricity utility company in Santa Fe. They own and maintain the poles and wires, read the meters and get your power back on when there's a storm or power loss. About 30-40% of your bill is made up of local utility fees.
- All rates displayed on our site include Utility Charges and Fees.
- Understand Your Electricity Facts Label (EFL) The EFL sets out the rates and charges based on usages of 500, 1000 and 2000kWh.
Compare Business Electricity Rates in Santa Fe?
You have the power to choose your Commercial and Small Business Electricity Rates in Santa Fe. 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.
Santa Fe 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 Santa Fe 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 Santa Fe
How to Switch Your Santa Fe Light Company
Switching light companies is simple and seamless with no interruption in service.
- You can switch your electricity company up to 45 days before your electricity contract ends. This is called a "Forward Switch"
- 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
- You can switch your electricity company without penalty up to14 days before your contract ends.
- Your electricity provider is required to notify you that your electricity contract is up 30 days before th econtract end date
- Then compare electricity rates for Santa Fe and switch in minutes.
Are You Moving to Santa Fe?
Texas has a deregulated electricity market. That means Santa Fe 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 Santa Fe's best electricity companies and electricity plans that will make your move easy.
Getting your power turned on in Santa Fe 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.
Santa Fe Energy Plans
There are over 200 plans across 40+ providers currently available in the Santa Fe Market. They range from 1 month variable rate plans to 60 months in duration. The easiest way to break all this down is into three categories.
Fixed Rate Plans
Fixed rate plans have terms ranging from 3 to 36 months, and provide a "fixed" rate for your electricity usage.
Variable rate or Month to Month plans
Variable rate plans change on a monthly basis. They are good for those who need short term flexibility,, and cannot commit to a long term contract. Variable rate plans change monthly and may double or triple if there is a weather event. (And we've had a few in the last 5 years). We do not recommend these plans.
Pre-paid Plans
For those who have not built credit, or want to avoid paying a deposit, there are pre-paid plans. Prepaid plans require that you establish an account and fund a balance. Usually $25-$50. Once the account is funded, your electricity is turned on and every day your balance is reduced by the cost of electricity used that day. The provider will contact you via text, app and automated calls to add money to your account as the balance changes.
Santa Fe 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
AEP Central/AEP North: 866-223-8508
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
FAQ: Santa Fe Rates, Plans and Providers
What is a cheap Frontier Utilities electricity rate in Santa Fe?
- Frontier Saver Plus 8 is the cheapest rate from Frontier Utilities. It is a 8 month plan with a rate of 9.600 cents per kWh.
You can order the Frontier Saver Plus 8 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website