Compare electricity rates in Abilene

Abilene currently has a metro population of more than 120,000 and a hot, subtropical climate. This creates a need for reliable, affordable energy. Fortunately for consumers, Abilene is in a deregulated area, allowing them to choose their energy provider.

Seasonal changes cause fluctuations in energy prices in Abilene. Because of this, agreements with energy providers beginning in the early spring or fall may cost customers slightly more. Abilene energy rates usually decline slightly at the end of the year and in mid-summer. Check out Abilene energy rates and natural gas plans to see what prices and options are currently available.

Ready to shop Abilene electricity rates and plans? Simply enter your ZIP code above to see available plans in your area.

How has deregulation affected Abilene?

Here’s what the latest statistics from the U.S. Energy Information Administration show:

• Texas residential electricity rates are nearly 10 percent lower than the national average.
• Texas commercial electricity rates are nearly 23 percent lower than the national average.
• Texas industrial electricity rates are nearly 16 percent lower than the national average.
• Texas generates the most electricity of any state from wind.
• Texas generates the fifth-highest amount of electricity from solar energy.

Legislation at the start of 2002 officially deregulated energy for most of Texas, including Abilene. This effectively created competition in the energy market and gave the consumer more choices in power companies, causing the energy market to operate much like the retail market.

Why is energy deregulation in Abilene beneficial to the customer? With deregulation, consumers have more than one provider selling energy plans. Due to this increased competition, rates are decreasing.

Customers can shop around and select a plan that saves them money on energy with the free Choose Energy marketplace. To see available options, enter your ZIP code above.

There are three components to the energy market: transmission, distribution and sales. Before deregulation was approved, one company, the utility service, performed all three services. Now, the Abilene wires company (utility company) manages transmission and distribution while the energy providers in Abilene manage sales and billing.

AEP Texas North handles the utility service areas in Abilene and delivers power to homes. The company, American Electric Power, stands as one of the nation’s largest energy deliverers, with over five million customers. Although AEP is the only utility company in Abilene, consumers can choose from a number of energy providers, including Reliant Energy, Cirro Energy, and First Choice Power. Enter your ZIP code above to see the plans in your area.

Texas has a commanding lead among all states in the wind energy field and is a front runner in renewable energy production and use. All signs indicate this will only continue to increase.

Updated: 4/30/2020