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Lubbock

Lubbock Electricity Companies, Plans, and Rates

Written by Sean Jackson

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Edited by Aviva Hauser

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Last Updated: July 16, 2024

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Lubbock electricity rates

Please note: All rates above are accurate as of 7/26/2024, 11:26:09 PM CDT for ZIP Code 79407. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

*All pricing shown in cents per kWh

Your power to choose electricity in Lubbock

Did you know you have the power to choose your Lubbock electricity provider? Residents throughout most of Texas are in deregulated energy areas, meaning you can choose between various electric suppliers, which offer affordable prices and many different plan choices. This differs from traditional energy markets, in which energy customers are required to purchase their electricity from local utility companies. 

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

Lubbock utility companies and energy providers

Lubbock is now part of the Texas deregulated energy market, meaning residents and business owners can choose from a variety of electricity companies offering competitive rates and energy plans. Your utility company, meanwhile, plays a different role. The utility — which is determined based on where you live — delivers electricity to your home or business, maintains power lines, and responds to power outages. In Lubbock, the utility company is Lubbock Power & Light.

Lubbock has many reliable electric companies operating in the area, including TXU Energy, 4Change Energy, and Reliant Energy. Comparing Lubbock electricity companies and plans is simple with the Choose Energy marketplace. Once you’ve made your selection, we can help you sign up for your plan in minutes.

Power outages in Lubbock

Your utility company is in charge of maintaining electrical lines and responding to power outages in Lubbock. If your power goes out, contact Lubbock Power & Light — not your energy provider — to report the outage and receive updates about when service will be restored. Visit Lubbock Power & Light’s website to report an outage.

Types of electricity plans in Lubbock

When you shop for Lubbock electricity plans on the Choose Energy marketplace, you’ll encounter a few different types of plans. These include: 

  • Fixed-rate plans: If you choose a fixed-rate plan, your rate will remain the same for the duration of your contract, which can last between 12 and 36 months. One drawback to consider is if you need to switch providers before your term expires, you may have to pay an early termination fee (ETF). 
  • Variable-rate plans: This plan means your energy rate can change month-to-month, based on energy demand. One benefit of a variable-rate plan is that you can easily switch plans if you need since you’re not under contract. This can be a good option for renters or those wanting more flexibility. 
  • Prepaid and no-deposit plans: Many energy providers will require a deposit before beginning service. If you’d rather bypass this initial fee, a prepaid or no-deposit plan might be right for you. This is when you pay for your energy upfront, much like a prepaid cell phone plan, and your provider will notify you when your balance runs low so you can replenish it.

Lubbock green energy

Texas leads the nation in renewable energy, generating more wind energy than any other state and ranking second for solar power. If you’re interested in a green energy plan in Lubbock, you’ll have a range of options to choose from. 

Every Texas electric plan includes a portion of renewable energy. You can find the exact amount in your plan’s Electricity Facts Label (EFL). Some providers offer 100% green energy plans, including Gexa Energy and Green Mountain Energy. You can filter for green energy plans when you enter your ZIP code on this page.

Lubbock energy for businesses

If you’re a business owner, Choose Energy can help you find cheap commercial energy plans and prices in Lubbock. Fill out our business electricity form or call the number on your screen to learn more about building a customized commercial energy plan for your business.

How to compare electricity rates with ChooseEnergy.com

About 85% of Texans live in a deregulated area, and Lubbock residents joined them at the beginning of 2024. The Choose Energy marketplace is free to use and makes it simple to find and compare affordable electric plans from top-tier providers in Lubbock.

To begin exploring cheap electric companies in Lubbock, follow these three simple steps:

  • Enter your ZIP code. We’ll show you some of the most affordable energy rates with the best Texas providers. You can filter your results by plan type, rates, term length, and more. 
  • Sign up online. Once you’ve chosen your plan, you can sign up directly through our marketplace in minutes, or you can call the number on your screen to speak with one of our energy experts.
  • Enjoy your new energy plan. Your work is done. Your new Lubbock energy provider will complete the setup without interrupting your current service.

Moving or switching providers in Lubbock

If you’re moving to the area or are a local looking for a new electric company in Lubbock to switch to, Choose Energy simplifies the process. Here’s how: 

Moving to a new address

If you’re moving to Lubbock, be sure to notify your current electric provider about your switch, and see if they service your new address. If not, simply enter your new ZIP code into our marketplace and we’ll show you the most affordable Texas energy rates, allowing you to compare rates and plans quickly. You won’t have to pay an ETF if you’re ending your current contract early.

Switching energy providers

If you want a lower electricity rate, or you’re dissatisfied with your service, we can help you switch plans. First, check to make sure you won’t have to pay an ETF on your current Lubbock electricity plan. Then, use our marketplace to shop using your ZIP code and compare available energy plans. Once you sign up, your new supplier will handle the rest without any interruption to your service.

Frequently asked questions about Lubbock deregulated energy

When did Lubbock deregulate its energy market?

Lubbock Power & Light began transitioning its customers to the deregulated energy market in Texas in 2023 and completed the transition in January 2024. Open enrollment for residential energy plans lasted from January 5 to February 15. Beginning in March, your Lubbock electric service transitioned to your new provider. If you didn’t sign up for an energy provider, you’ll automatically be assigned one under a default month-to-month plan.

Can I switch my Lubbock electricity provider?

Yes, you can switch energy providers at any time without paying a fee if you are enrolled in a variable-rate plan or month-to-month plan. If you sign up for a fixed-rate plan, you may be charged an early termination fee (ETF) if you cancel your contract before it expires to switch providers.

Who is the cheapest electric company in Lubbock?

On the Choose Energy marketplace, you can currently find the cheapest electric rates in Lubbock with Gexa Energy and Frontier Utilities. Energy prices can change daily, so check often to compare cheap Lubbock electricity rates today.

Which Lubbock electric provider is best?

The best electricity company in Lubbock depends on the type of plan you’re searching for. Some companies offer cheap prices for variable-rate plans. Others let you secure a stable rate under a fixed-rate plan. You can filter for what matters most to you using our marketplace.

How can I lower my electricity bill in Lubbock?

The most straightforward way to lower your electricity bill is by using less energy each month. You can do this by investing in energy-efficient appliances, using less energy during high-demand periods, and turning off unused lights and appliances.

When are Lubbock electricity rates the cheapest?

Electricity prices change from month to month based on factors like energy demand and the weather. Typically, you can find cheaper energy prices in Lubbock during the spring and fall months when temperatures cool down. In contrast, rates tend to increase during the summer when residents rely more on air conditioning.

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