Find the Cheapest Electricity Rates for Waco TX 76705

We have made it very easy to compare Waco power rates so you can get the least expensive electric price for your needs. Just enter your zip code then read company reviews, compare the Texas electricity companies that serve the Waco area to get the best electric plan that meets your needs.

Electricity rates for Waco 76705 texas

Frequently Asked Questions in Waco

What is the average cost of a 6 month electricity plan in the city of Waco, TX?

The average rate of a 6 month fixed-rate electricity plan is around 0¢/kWh, ranging from 0¢/kWh to 0¢/kWh. Popular plans in this range are and Simple 6.

For 12 month plans, the average rate of a 12 month fixed-rate electricity plan is around 14.1¢/kWh, ranging from 10.5¢/kWh to 17.5¢/kWh. Popular plans in this range are Maxx Saver Select 12, Come & Take It 12, and Simply Select 12.

What are the cheapest 12 month energy plans in my area 76705?

The most affordable electricity plans in 76705 are Come & Take It 12 from 10.5¢/kWh, GoodEnergy 12 from 12.1¢/kWh, Champ Saver-12 from 12.2¢/kWh, Simply Select 12 from 12.4¢/kWh, and GoodGreen 12 from 12.4¢/kWh.

What plans does 4Change Energy have in my area?

In your area, 4Change Energy offers the following electricity plans: Maxx Saver Select 24 starting at 8.8¢/kWh, Maxx Saver Select 12 starting at 8.8¢/kWh, One Rate 24 starting at 13.5¢/kWh, and One Rate 12 starting at 13.9¢/kWh. The average rate of a 12 month fixed-rate electricity plan in your area is around 14.1¢/kWh, ranging from 10.5¢/kWh to 17.5¢/kWh.

Electricity and local information about 76705

Zip Stats for Waco 76705

With a population of 29155 people, 76705 is Texas 306th most populated zipcode and covers 114.30 square miles in Waco.

Area codes in 76705 include 254.

Zipcodes Near Waco

4 Cities Nearest to Waco

3 Smaller Zipcodes

ZipcodeMedian Income

The Most Popular Retail Electricity Providers in Waco

Texas Electricity Ratings' People's choice Top 5 Electricity Providers.

These are the top providers based solely on customer reviews in the past two years. We must have at least 10 reviews for a provider to be included in this listing.

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What customers around Waco are saying

I have had a great experience with Veteran Energy for over three years now.
  • Bryce from Bonham, Texas
  • March 28th, 2023
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News Articles Around Waco

What the ERCOT-Brazos Coop Deal Means

Posted on

Getting Closer to a Resolution

As the Brazos Electric Coop bankruptcy settlement unwinds, energy customers all over north Texas may be affected.
The Brazos Electric Coop bankruptcy settlement will mostly affect coop customers. But, it's unclear how the deal may affect energy customers all over north Texas over time.

Following the 2021 winter storm crisis, Brazos Electric Cooperative in north Texas owed $1.9 billion to ERCOT. Since filing for bankruptcy in March 2021, Brazos’ and ERCOT's lawyers debated a plan to move forward. Last week, a bankruptcy judge allowed the largest power Texas Coop to vote on a plan to settle its debts.

But what does this deal mean to Texans? Will it affect electricity rates or TDSP charges in its service area?

The Coop Structure in Texas

Power Cooperatives are not-for-profit electric companies that supply communities with cheap electricity. Brazos is one of 66 generation and transmission (G&T) Cooperatives in the US. Of the 76 power Coops in Texas, Brazos is the largest with 1.5 million customers. It is the wholesale power supplier to its 16 member-owner distribution coops. Texas Coops aren’t subject to deregulation rules because Coop owners are its members. That means Coop members can't just switch electricity companies. As a result, the Coop passes costs on to the member households that it serves.

A Deal After Coop Bankruptcy

In February 2021, a historic winter storm froze Texas and shut ERCOT down. Brazos had to buy electricity at a staggering rate of $9,000 per megawatt hour as result of the short supply. This is hundreds of times higher than normal.

While Brazos claimed that ERCOT ignored protocol and overcharged for electricity, the debt was still payable. And it took a year and a half of negotiation to come up with a plan on how to.

Brazos’ Chapter 11 plan shows how the Coop plans to repay its debt to ERCOT. Firstly, they intend to sell its three power plants. They’ll also restructure to become a transmission Coop. Plus, they’ll set up a $140 million hardship fund for customers struggling with energy bills.

So, instead of $1.9 billion in debt, Brazos would only pay back $1.4 billion, saving $500 million in the process.

How Will This Deal Affect Texans?

With the proposed changes, the Waco-based Coop will stop generating power and sell its plants. This means the end of wholesale electricity to Brazo's 1.5 million customers.

Electricity prices in the area may rise due to customers switching to for-profit retail providers. And as Brazos becomes a transmission-only Coop, TDSP rates may also change. However, we won't see a cost difference until Brazos votes on the proposed changes.

Shop for Cheaper Electricity in Texas

As the Brazos Coop changes its role, shopping for a cheaper rate or Texas energy company could become even more important in north Texas. And the best place to do that is by visiting

Compare rates, find the best deal, and shop for the best electricity plans in Texas!