Compare the Best Laredo Electricity Rates, Plans, and Companies

• The average Laredo electricity rate on our marketplace for 1,000 kilowatt-hours (kWh) is 14.87 cents per kWh. This rate is 4% lower than the Texas average and 14.88% lower than the national average.
• The average Texas electricity rate is 15.49 cents per kWh, based on the latest Energy Information Administration (EIA) data. This rate is about 12% lower than the U.S. average (17.47 cents per kWh).
• The average monthly electric bill in Laredo is $170.41. This is based on the city’s average electricity rate and Texans’ average monthly energy usage of 1,146 kWh (which is sourced from EIA data).
• The commercial Texas electricity rate is 8.9 cents per kWh (about 37% lower than the national average of 12.96 cents per kWh).

In Texas, most cities (including Laredo) have deregulated energy markets. As a result, residents and business owners in these areas can pick their own electricity provider and plan. This is known as the power to choose. To compare the latest electricity plans in Laredo, enter your ZIP code on this page today.

Choose Energy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

Thanks to deregulation, you can shop for plans from many different energy companies in Laredo, including:

• Frontier Utilities – Known for offering a wide variety of fixed-rate and renewable options.
• Gexa Energy – Specializes in 100% green energy. Some plans also come with bill credits when you use a certain amount of energy.
• Discount Power – Offers multiple fixed-rate electricity plans in Laredo, some of which include waived usage charges or bill credits.
• Cirro Energy – Known for affordable rates, this light company also offers bill credit incentives on many of its plans.
• 4Change Energy – With a variety of plan options and excellent customer service as well as its charitable work, this is one of the most popular energy providers on our marketplace.

Regardless of which electricity provider you pick, your power will be delivered by your utility company. Your utility also responds to outages and maintains the grid within its service area. Unlike energy providers, utilities are determined by location and cannot be changed. In Laredo, the local utility is AEP Texas Central. If you need to report a power outage or any other electrical emergency to AEP, you can reach the utility in one of the following ways:

• Call 866-223-8508
• Use its online outage center

Before browsing Laredo electricity rates, it helps to understand the basics behind rate types, contract terms, and other deregulated energy concepts. Here’s what you should know:

• Fixed vs. variable rates: If you sign up for a fixed-rate plan, you’ll pay the same per-kWh rate for your entire contract. However, the rates on variable-rate plans can change every month, depending on the wholesale price of electricity.
• Plan length: Fixed-rate plans have set contract terms, which generally range from 12 to 36 months. If you cancel a fixed-rate plan before the term ends, most Laredo electricity providers will charge an early termination fee (ETF). Variable-rate plans don’t have contracts, so you can cancel your plan or change providers at any time with no penalty, which gives you more flexibility.
• Same-day energy deadlines: If you need power ASAP, many energy providers offer same-day electricity connections. Keep in mind that you’ll have to submit your request before a certain cut-off time each day. To learn more or get started, call us at the phone number on your screen.
• Renewable energy options: Texas is a leading producer of wind and solar energy — and because of this, Laredo electricity customers can choose from a number of green energy plans. On our marketplace, you’ll find 100% renewable plans from companies like Gexa Energy and Green Mountain Energy.
• Electricity Facts Label (EFL): Every energy plan in Texas comes with an Electricity Facts Label (EFL). In this document, you’ll find important information about the plan’s rate, contract length, ETFs, and more.
• Your usage needs: In Laredo, electricity plans have multiple usage tiers, and your exact rate depends on how much energy you consume in a given month. To get an idea of what you’ll pay, review your old electricity bills to see how much energy you typically use. Then, look at the different rate tiers on each plan you’re considering to see how they align with your usage habits and budget.

Connect with a business energy agent

If you own or manage a company in Laredo, Choose Energy can help you find an affordable electricity plan for your business. Get in touch with our energy experts by submitting our commercial energy form or by calling the number on your screen.

Electricity rates vary throughout Texas for several reasons, including different utility transmission charges in different parts of the state. For this reason, you should always specify your ZIP code before searching for electricity plans for the most accurate rates.

With Choose Energy’s marketplace, it’s easy to find the best electricity rates in Laredo. Here’s how:

• Enter your ZIP code: After submitting your ZIP code, we’ll provide you a list of the current electricity rates and plans in your area. You can then sort and filter your results to find options that meet your needs and budget.
• Sign up: Once you’ve selected a plan, you can sign up online in just a few minutes. You can also give us a call at the number on your screen to sign up over the phone or if you have any questions.
• Enjoy: Feel free to sit back and relax as your new light company sets up your plan. You shouldn’t experience any interruptions to your service during this time.

Reach out to your current electricity provider a couple of weeks before your move and see if you can transfer your plan to your new address in Laredo. If your provider doesn’t serve Laredo (or you’d rather switch providers), enter your new ZIP code on our marketplace to explore plans from top-rated Texas energy providers.

Who has the cheapest electricity rates in Laredo?

Right now, APG&E has the cheapest Laredo electricity rates on Choose Energy’s marketplace. However, since energy costs change regularly, it’s always a good idea to look up and compare electric rates in Laredo before signing up for a new plan.

What is the best provider in Laredo?

Every household’s energy needs are different, so there isn’t a particular provider that’s best for everyone. For example, if green energy is a priority for you, then a company like Gexa Energy could be the right choice. But if you’re more concerned about getting cheap electricity in Laredo, APG&E might be best. Alternatively, if you don’t want to pay a deposit on your plan, you could consider Payless Power, which sells prepaid plans.

When is the best time to shop for a Laredo energy plan?

You’ll often find the cheapest Laredo electricity rates if you shop in spring or fall. In these seasons, the weather is milder than it is in summer and winter — so there’s less need for heating and cooling and less demand for electricity. When demand is lower, prices tend to be cheaper as well.

How can I lower my electricity bill?

To reduce your electric bill in Laredo, you can try energy-saving tactics like using LED lightbulbs, sealing drafty windows and doors, taking shorter showers, and running your washing machine with cold water. In addition, you can check electricity rates occasionally and switch providers if you find a plan with a cheaper rate.