Today’s cheapest Southlake electricity rates
The electricity rates listed in the following table reflect pricing based on a typical monthly usage of 1,000 kilowatt-hours (kWh). Because energy plans are structured around usage levels, your actual rate in Southlake may vary depending on how much electricity your household consumes, your chosen plan, and local fees.
| Plan Name | Plan Length | Rate* |
|---|---|---|
| APG&E - SimpleSaver 12 | 12 months | $0.083/ kWh |
| Express Energy - Flash Value 12 | 12 months | $0.084/ kWh |
| 4Change Energy - Maxx Saver Value 12 | 12 months | $0.084/ kWh |
| Discount Power - Bill Credit Bundle 12 | 12 months | $0.084/ kWh |
| Cirro - Bill Bonus 12 | 12 months | $0.084/ kWh |
| Rhythm Energy - Rhythm Saver 15 | 15 months | $0.086/ kWh |
| Gexa Energy - Gexa Eco Saver Plus 12 | 12 months | $0.086/ kWh |
| Frontier Utilities - Frontier Saver Plus 12 | 12 months | $0.086/ kWh |
| Atlantex Power - Radiance1000 12 | 12 months | $0.117/ kWh |
| Reliant - Reliant Power Savings 12 plan | 12 months | $0.129/ kWh |
| Veteran Energy - Valor 12 | 12 months | $0.136/ kWh |
| Constellation - 12 Month Usage Bill Credit | 12 months | $0.136/ kWh |
| TXU Energy - Smart Edge 12 | 12 months | $0.139/ kWh |
| TriEagle Energy - Real Deal 24 | 24 months | $0.145/ kWh |
| Direct Energy - Live Brighter Lite 12 | 12 months | $0.155/ kWh |
| Green Mountain - Pollution Free Conserve 12 Preferred | 12 months | $0.175/ kWh |
| Payless Power - 6 Month - prepaid | 6 months | $0.182/ kWh |
Please note: All rates above are accurate as of 3/19/2026, 3:03:14 PM CDT for ZIP Code 76092. 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 Southlake electric rates
- The average Southlake electricity rate on our marketplace for 1,000 kWh is 11.55 cents. This rate is 27.2% lower than the Texas average and 33% lower than the national average.
- The average Texas electricity rate is 15.87 cents per kWh, based on the latest Energy Information Administration (EIA) data. This rate is about 7.9% lower than the U.S. average (17.24 cents per kWh).
- The average monthly electric bill in Southlake is $126.59.
- The commercial Texas electricity rate is 9.03 cents per kWh (about 33.7% lower than the national average).
How to choose your power in Southlake
Southlake residents live in a deregulated area, giving them the power to choose their electricity provider from a range of options. Since providers now must compete to earn business, customers can often find lower rates and features that work well for their situation. Choose Energy makes it easy to compare your options and find the best fit in minutes. Enter your ZIP code on this page to get started.
Choose Energy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
Southlake energy companies with the cheapest rates
When you shop for cheap electricity in Southlake on the Choose Energy marketplace, you’ll find plenty of choices. We work with leading Southlake electricity providers such as:
- TXU Energy: A top choice for customer service
- Express Energy: Great for affordable plan options
- Frontier Utilities: A good choice for plan variety
- Gexa Energy: Popular for 100% renewable energy
- Payless Power: Best for prepaid and no-deposit plans
The cheapest electricity rate in Southlake is 8.3¢/kWh, offered by APG&E.
Besides your retail provider, you’ll also work with your local utility. The utility company is assigned based on where you live and is responsible for delivering power to your home or business and for repairing the electrical infrastructure.
Oncor Electric Delivery is the utility company in Southlake. In the event of a power outage, you can reach out to Oncor in any of the following ways:
- Call 888-313-4747.
- Text “OUT” to 66267.
- Visit Oncor’s online outage center.
Factors to consider when choosing an electricity plan
Before you start shopping for the best electricity rates in Southlake, it’s helpful to familiarize yourself with a few common terms. As you compare plans, you’ll typically come across the following:
Fixed vs. variable rates:
Most electricity plans fall into one of two pricing models: fixed- or variable-rate. Fixed-rate plans keep your price per kWh the same for the entire contract term, providing predictable monthly costs. Variable-rate plans can change from month to month based on market demand, so your rate may rise or fall over time.
Plan length:
Energy contracts often come with different term options, typically ranging from 12 to 36 months. A longer contract can lock in pricing, while shorter terms give you the flexibility to switch plans sooner. Always review the contract details, including any early termination fees (ETFs), which kick in if you cancel before your term ends.
Same-day energy deadlines:
Many homes in Southlake can have their lights turned on the same day they sign up for service, especially if they already have a smart meter installed. However, Texas electricity providers typically require enrollment before a daily cutoff time for activation that day. Signing up earlier in the day can help ensure faster service. Call us to learn more about your options for same-day electricity.
Renewable energy options:
If supporting cleaner energy is a priority for you, check for plans backed by renewable energy certificates (RECs). These certificates represent electricity generated from renewable sources like wind or solar, allowing you to lower your environmental impact.
Electricity Facts Label (EFL):
Every electricity plan includes an Electricity Facts Label, a document that outlines key details such as pricing structure, green energy content, contract terms, and potential fees. Reviewing your EFL helps you understand exactly how your billing will work before you sign up.
Your usage needs:
Knowing your average electricity usage is key in deciding which plan is the most cost-effective. Checking past energy bills or estimating your typical monthly usage can help you compare plans more accurately and choose one that fits your household.
Connect with a business energy agent
Businesses can also take advantage of Texas’ deregulated energy market to compare energy companies in Southlake and secure competitive rates. To explore business electricity rates near you, visit our commercial energy page and fill out the form, or if you prefer to speak with someone directly, call the number listed on that page to connect with one of our energy specialists.
How to compare electricity rates with Choose Energy
When you shop for electricity plans in Southlake, you might notice that prices vary by location. This is primarily due to the utility transmission charges, which are determined based on the utility serving your area. To explore the most accurate energy prices to your area, enter your ZIP code on this page.
You can easily shop for electricity plans on Choose Energy in three simple steps:
- Enter your ZIP: You can then filter your search results to narrow down your results to plans that fit your preferences.
- Sign up: Once you compare electric rates in Southlake and find an electricity provider and plan that works for you, you can sign up online or call the number on your screen to speak with one of our experts.
- Let your provider handle the rest: Your new Southlake electricity provider will handle the transition with no interruption to your power.
Moving to Southlake?
If you’re relocating to Southlake, setting up electricity should be part of your move-in checklist. Contact your current provider ahead of time to find out whether your plan can transfer to your new address. If service isn’t available in Southlake, you’ll need to choose a new provider.
Enter your Southlake ZIP code on this page to compare local electricity plans and enroll before your move.
Frequently asked questions about Southlake energy
What is the best provider in Southlake?
Before you can pick the best electricity company in Southlake, you’ll need to narrow down your priorities. Do you want budget stability with consistent monthly prices, or do you need more flexibility? Are you interested in green energy plans in Southlake? Asking these questions can help you find the right electricity plan for you.
When is the best time to shop for a Southlake energy plan?
Southlake electricity rates often rise during periods of high demand, such as the hot summer and cold winter months. Shopping for a plan during milder spring or fall seasons may help you secure a lower rate. If you choose a fixed-rate plan, you can lock in that price for the length of your contract, while variable-rate plans may change as market conditions shift.
How can I lower my electricity bill in Southlake?
Our guide on reducing your energy bill provides information on how to lower your energy bill. You can reduce how much energy you consume by investing in energy-efficient appliances, sealing window and door drafts, and increasing the temperature in the summer when you’re away from home. If you time it right, you may also be able to save by switching to a new energy company in Southlake.
How does weather affect energy usage?
Weather has a major impact on how much electricity households use. In Southlake, energy consumption typically rises during hot summers and cold winters as air conditioners and heating systems run more frequently. Milder spring and fall weather often leads to lower overall usage.