Compare Waco Electricity Rates and Companies
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Recommended Waco Electricity Plans
March 2026 Waco Market Update
The best Waco electricity plans to help you save this March
We're right in the middle of the Winter 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 December through March, particularly to shop for a 12 month plan that gets you a good rate through the inevitablly scorching summer in Texas.
Our energy analyst team recommends these plans right now- The cheapest electricity rate is the AGP&G's Simple Saver Credit Smart 12, at 9.2 cents per kWh, for 6 months. If you want the cheapest advertised 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's GridPlus 24 at 9.3 cents per kWh, for 2 years. Again, the plan has a bill credit so read your EFL and understand your usage
- For customers who want a steady rate, summer or winter regardless of usage, the Octo Green Thermostat 12, from Octopus Energy, is the way to go. Its a flat plan with pretty much the same rates across all usage tiers, and at 11.1 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 Waco Electricity Rates
We've researched the best providers and plans so you can find a great electricity rate in Waco
| Company | Term | Rate |
|---|---|---|
| Chariot Energy | 15/months | 7.7¢/kWh |
| APG&E | 15/months | 7.8¢/kWh |
| Discount Power | 12/months | 8.4¢/kWh |
| Cirro Energy | 12/months | 8.4¢/kWh |
| Energy Texas | 15/months | 8.6¢/kWh |
| Rhythm | 15/months | 8.6¢/kWh |
| Gexa Energy | 12/months | 8.6¢/kWh |
| Reliant | 12/months | 12.9¢/kWh |
| TriEagle Energy | 12/months | 13.5¢/kWh |
| Think Energy | 12/months | 13.7¢/kWh |
Video - What is The Best Waco Electricity Rate (Winter 2025)
When do Electricity Rates Change in Waco Change?
As Waco moves into late summer, you're going to see fixed rate electricity rates increase with the temperature. So if you're looking for cheap Waco electricity rates, now, rather than later is the best time to to compare Texas electricity rates.
Waco's Best Electricity Companies
TexasElectricityRatings, rates the top electricity companies in Waco
| Rank | Provider | Stars | Award | |
|---|---|---|---|---|
| #1 |
|
Chariot Energy |  |
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| #2 |
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Gexa Energy | |
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| #3 |
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Payless Power |  |
|
| #4 |
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Constellation | |
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| #5 |
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Reliant |  |
|
5 Things to Know Before You Order Waco 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 Waco. 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 Waco?
You have the power to choose your Commercial and Small Business Electricity Rates in Waco. 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.
Waco 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 Waco 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 Waco
How to Switch Your Waco Power Company
Finding a new electricity provider in Waco is simple. Follow these simple steps to get the lowest electricity rate in Waco.
- Compare Waco power companies and prices
- Review electricity plan details
- Complete your order
Enter your zip code and compare the latest electricity plans from the best Waco electric companies.
Plan details allow you to view the important information about the plan into a way that is easy to understand.
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 Waco?
Texas has a deregulated electricity market. That means Waco 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 Waco's best electricity companies and electricity plans that will make your move easy.
Getting your power turned on in Waco 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.
Waco Energy Plans
There are over 200 plans across 40+ providers currently available in the Waco 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.
Waco 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: Waco Rates, Plans and Providers
