Today’s cheapest Santa Fe electricity rates
The following table displays affordable Santa Fe electricity plans you can shop for on Choose Energy. These rates are for the 1,000-kilowatt-hour (kWh) usage tier and may differ if you use more or less energy per month.
| Plan Name | Plan Length | Rate* |
|---|---|---|
| APG&E - SimpleSaver 14 | 14 months | $0.098/ kWh |
| Discount Power - Bill Credit Bundle 24 | 24 months | $0.099/ kWh |
| 4Change Energy - Maxx Saver Value 12 | 12 months | $0.099/ kWh |
| Express Energy - Flash Value 12 | 12 months | $0.099/ kWh |
| Cirro - Simple Bill Credit 24 | 24 months | $0.099/ kWh |
| Rhythm Energy - Rhythm Saver 12 | 12 months | $0.101/ kWh |
| Gexa Energy - Gexa Eco Saver Plus 12 | 12 months | $0.104/ kWh |
| Frontier Utilities - Frontier Saver Plus 24 | 24 months | $0.104/ kWh |
| Atlantex Power - Radiance1000 12 | 12 months | $0.127/ kWh |
| TriEagle Energy - Real Deal 36 | 36 months | $0.139/ kWh |
| TXU Energy - Smart Edge 12 | 12 months | $0.139/ kWh |
| Veteran Energy - Valor 12 | 12 months | $0.140/ kWh |
| Constellation - 12 Month Usage Bill Credit | 12 months | $0.144/ kWh |
| Reliant - Reliant Power Savings 12 plan | 12 months | $0.155/ kWh |
| Direct Energy - Live Brighter Lite 12 | 12 months | $0.159/ kWh |
| Green Mountain - Pollution Free Conserve 12 Preferred | 12 months | $0.179/ kWh |
| Payless Power - 6 Month - prepaid | 6 months | $0.182/ kWh |
Please note: All rates above are accurate as of 9/13/2025, 5:52:38 AM CDT for ZIP Code 77510. 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
Average Santa Fe electric rates
- The average Santa Fe electricity rate on our marketplace for 1,000 kWh is 14.22 cents. This rate is 12% lower than the Texas average and 19% lower than the national average.
- Our marketplace data found that the average Texas electricity rate is 16.16 cents per kWh. This rate is about 7% lower than the U.S. average (17.47 cents per kWh).
- Based on our average Santa Fe rate and 1,146 kWh usage, your monthly energy bill should be around $162.96.
- The commercial Texas electricity rate is 8.60 cents per kWh (about 37% lower than the national average).
How to choose your power in Santa Fe
As a Santa Fe resident, you can take advantage of Texas’ deregulated energy market. This power to choose means you can pick your energy provider and plan from a wide selection. Choose Energy helps with this process by connecting you with top-tier providers, exclusive plans, and the ability to sign up quickly.
Choose Energy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
Santa Fe energy companies with the cheapest rates
If price is your top priority, we’ve got you covered. Here are some of the cheapest energy companies you can shop for today on our marketplace.
- APG&E offers some of our lowest fixed-rate plans across Texas.
- 4Change Energy combines the benefits of low rates with charitable donations. This provider donates 4% of its annual profits to local Texas charities.
- Express Energy is known for straightforward energy plans with affordable fixed rates.
- Gexa Energy makes green energy affordable with 100% renewable energy plans.
- Frontier Utilities offers highly-rated customer service and a wide range of affordable plans.
While you can choose your energy provider, your utility company is predetermined based on your address. Utility companies deliver electricity and respond to power outages. If you experience a power outage, you should contact your local utility. Santa Fe’s utility company is CenterPoint Energy. Here’s how to contact CenterPoint:
- Call 713-207-2222
- Report a power outage online
Factors to consider when choosing an electricity plan
There are many deciding factors to weigh as you pick an energy plan. Here’s a guide to some of the most important features you’ll encounter:
Fixed vs. variable rates:
A key plan feature is your rate type. Fixed-rate plans have a set electricity rate for your entire contract, offering predictable energy bills. The second main type is a variable-rate plan, which contains a fluctuating rate tied to the wholesale cost of electricity. Variable-rate plans typically do not have a contract and offer more flexibility.
Plan (or contract) length:
You can choose between a handful of term length options for how long you want to commit to your energy plan. Contract lengths tend to range from one to three years. Some shorter options are also available, like month-to-month or six months.
Same-day energy deadlines:
Many Santa Fe energy providers offer same-day activation if you sign up before their cutoff time and have a smart meter. Check out our same-day electricity guide to learn which providers offer this service and what time you need to sign up by.
Renewable energy options:
Many Texas energy companies offer partial or 100% renewable energy plans. These providers source their plans from renewable energy, especially wind and solar power, or purchase renewable energy certificates to account for your usage. Find an affordable and eco-conscious plan by filtering for green energy on our marketplace today.
Electricity Facts Label (EFL):
Every plan contains an Electricity Facts Label (EFL) which outlines important plan details, including rate type, contract length, associated fees, and more.
Your usage needs:
Most energy plans offer a tiered rate structure, meaning your rate can shift based on how much energy you use. Knowing your average energy usage can help you find a plan that offers the best rate for whichever tier you fall into. Find plans on our marketplace for 500 kWh, 1,000 kWh, or 2,000 kWh of monthly usage.
Connect with a business energy agent
Santa Fe businesses can also benefit from Texas’ deregulated market by shopping for affordable commercial energy plans. Our business energy agents can help tailor a plan to your specific needs. Start the process by filling out our business energy form.
How to compare electricity rates with Choose Energy
When you shop for energy plans on Choose Energy, you’ll find accurate rates from local energy providers. Here’s how our marketplace works:
- Enter your ZIP code to find energy plans and providers available in your area.
- Adjust our filters to compare options that match your preferences. You can filter by rate type, provider, contract length, and more.
- Sign up online or over the phone once you know which plan you want. Your new provider will handle setting up your service once complete.
Moving to Santa Fe?
If you are moving to Santa Fe from another deregulated city, you may be able to keep your current energy plan. Check with your provider to learn if it services Santa Fe and let the company know about your move in advance. Otherwise, you’ll need to sign up for a new plan. Whether you’re switching plans to sign up for the first time, Choose Energy can help connect you with a high-quality Santa Fe provider.
Frequently asked questions about Santa Fe energy
Who has the cheapest electricity rates in Santa Fe?
APG&E currently has the cheapest electricity rate in Santa Fe. 4Change Energy, Express Energy, and Gexa Energy have similarly low rates. However, keep in mind that electricity rates can shift daily depending on the energy market. Check our marketplace regularly to find the latest rates.
What is the best provider in Santa Fe?
Some of our highest-rated providers are Express Energy, 4Change Energy, and TXU Energy. But the best energy provider is subjective to each individual’s electricity needs. Consider what qualities matter the most to you to drive your decision.
How can I lower my electricity bill?
A great way to reduce your electricity bill is by decreasing your daily electricity usage. Small habits like turning off the lights, unplugging unused electronics, and using your HVAC unit less can go a long way. More actions include switching to energy-efficient appliances, getting a smart thermostat, and replacing your light bulbs with LEDs.
How does the weather affect energy usage?
Challenging weather often prompts consumers to use more energy. For example, extreme temperatures in summer and winter increase our reliance on AC and heating to stay comfortable. When your energy usage goes up, so does your bill. As a result, consumers typically have elevated electricity costs during extreme weather.