While Texas utility companies no longer sell electricity plans directly to customers, they are still an integral part of the energy ecosystem. Utilities deliver power to homes and businesses within their service area and fix power outages and damaged power lines. The Midland utility company is Oncor Electric Delivery.
In contrast, residents in deregulated cities have the power to choose from many different electricity providers. You’ll likely come across popular Midland electric companies such as 4Change Energy, Express Energy, Pulse Power, and TXU Energy during your search.
Types of electricity plans in Midland
There are a few types of electricity plans to choose from in Midland, making it easy for everyone to find one that fits their needs. Here are some of the most popular types of energy plans:
- Fixed-rate plan: When you sign up for a fixed-rate energy plan, you lock in a single rate that you pay for your entire contract. Your rate won’t fluctuate with the energy market. Your price won’t go up when demand increases, but you also won’t enjoy savings when energy rates are low. This type of plan is well-suited to those who prefer stability in their budget from one month to the next.
- Variable-rate plan: A variable-rate plan doesn’t have a rate locked into your contract. Instead, your rate each month is based on the wholesale cost of electricity. Your rate may spike during high-demand months, but you’ll see savings in times of low demand. Unlike fixed-rate plans, variable-rate plans don’t require a long-term contract.
- No-deposit plan: Many electricity plans require that you pay an upfront deposit based on your credit score. Luckily, some providers offer no-deposit plans. Often these plans are prepaid, meaning you pay for your electricity upfront with no deposit.
To see the electricity plans currently available for Midland residents, enter your ZIP code on the screen.
Midland green energy
In recent years, Texas has become one of the biggest renewable energy producers in the United States. Impressively, the Lone Star State leads the country in electricity produced from wind. Plus, it’s within the top five states for energy generation from solar power.
These days, all electricity plans purchased in Texas include some renewable energy, and providers are adding more 100% green plans each year. Are you interested in going green in Midland? Check out suppliers like Gexa Energy and Green Mountain Energy, which exclusively offer renewable plans.
Midland energy for business
Most times, the conversation about deregulation focuses on homeowners and renters. However, deregulation also allows businesses to benefit from affordable electricity. Ready to learn more? Visit our business electricity page to learn more about commercial energy rates and shop for a plan.
Midland electric rates in my area
If you’ve never bought a deregulated energy plan, you might think that the best way to find rates and providers is by searching for something like “electricity rates in my area” or “electricity rates near me.” However, this approach will generate an overwhelming number of results, many of which won’t be relevant to your location.
Instead, use an all-in-one marketplace like Choose Energy to compare rates and find provider reviews. Our tool uses your ZIP code to search for plans near you, so you’ll only see rates that apply in your utility area (which is important since different utilities charge different rates).
Submit your ZIP code to start browsing cheap electricity plans from Choose Energy.
Moving to Midland?
Located in the heart of West Texas oil country, Midland is a historical city with more than 146,000 residents. Midland is home to many popular local attractions that showcase the city’s past, including the George W. Bush Childhood Home and the Permian Basin Petroleum Museum.
Moving to Midland means you’ll live in a deregulated area and can choose your electricity provider. If you’re moving from a deregulated part of Texas, you may be able to keep your same provider. However, if you’re new to Texas or your current provider doesn’t serve Midland, you can shop for a new plan. To find electricity plans available near you, enter your ZIP code, and you’ll see a list of up-to-date rates. As of July 2021, rates are available in Midland for as low as 6.9 cents per kilowatt-hour.