Today’s cheapest Waco electricity rates
Your total electricity bill depends on how much energy you use and the terms of your plan. The following table shows today’s electricity prices based on an average energy consumption of 1,000 kilowatt-hours (kWh).
| Plan Name | Plan Length | Rate* |
|---|---|---|
| APG&E - SimpleSaver 18 | 18 months | $0.093/ kWh |
| Express Energy - Flash Value 12 | 12 months | $0.094/ kWh |
| 4Change Energy - Maxx Saver Value 12 | 12 months | $0.094/ kWh |
| Frontier Utilities - Frontier Saver Plus 8 | 8 months | $0.095/ kWh |
| Gexa Energy - Gexa Eco Saver Plus 8 | 8 months | $0.097/ kWh |
| Discount Power - Bill Credit Bundle 12 | 12 months | $0.098/ kWh |
| Cirro - Simple Bill Credit 24 | 24 months | $0.099/ kWh |
| Atlantex Power - Radiance1000 12 | 12 months | $0.125/ kWh |
| Veteran Energy - Valor 12 | 12 months | $0.132/ kWh |
| TXU Energy - Smart Edge 12 | 12 months | $0.139/ kWh |
| Constellation - 12 Month Usage Bill Credit | 12 months | $0.147/ kWh |
| TriEagle Energy - Real Deal 12 | 12 months | $0.149/ kWh |
| Reliant - Reliant Power Savings 12 plan | 12 months | $0.159/ kWh |
| Direct Energy - Apartment Basics 12 | 12 months | $0.165/ kWh |
| Rhythm Energy - Clear Choice 12 | 12 months | $0.171/ kWh |
| Green Mountain - Pollution Free Conserve 12 Preferred | 12 months | $0.175/ kWh |
| Payless Power - 6 Month - prepaid | 6 months | $0.188/ kWh |
Please note: All rates above are accurate as of 11/18/2025, 5:02:13 AM CST for ZIP Code 76633. 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 Waco energy rates in November 2025
- In Waco, the average electricity rate for 1,000 kWh is 15 cents per kWh, based on data from our marketplace. This rate is 2.7% lower than the Texas average and 14.7% lower than the national average.
- In Texas, the average residential electricity rate is 15.45 cents per kWh, according to the Energy Information Administration (EIA).
- The commercial Texas electricity rate 9.08 cents per kWh (about 35% lower than the national average).
The Choose Energy marketplace can help you find cheap energy plans in Waco for as low as 8.6 cents per kWh, about 44% lower than the Texas average. Enter your ZIP code to compare electric rates and take advantage of the cheapest energy rates in Waco.
How to choose your power in Waco
Back in 2002, most of Texas deregulated its energy market. Waco’s deregulated energy market lets you compare electricity rates and plans from different electric providers to find the right one for your lifestyle and budget. Each company offers its own pricing, contract length, and plan features, leaving the power to choose in your hands.
Enter your ZIP code on this page to browse today’s Waco electricity rates and plans.
ChooseEnergy.com is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
Waco energy companies with the cheapest rates
In Waco, you can choose from a number of popular electric providers. For the cheapest electric rates, consider companies like Frontier Utilities, Gexa Energy, APG&E, or 4Change Energy. However, the cheapest price isn’t always the best fit. Shop smartly by considering your usage and whether you want special features like green energy or bill credits. Here are some of the best electricity companies in Waco on our marketplace, depending on your priorities.
- Atlantex Power: Best for no hidden fees, usage minimums, or gimmicks.
- Express Energy: Best for low-rate plans offering bill credits based on usage.
- Rhythm Energy: Best for 100% renewable energy plans.
- TXU Energy: Best for plan variety and customer service.
- Veteran Energy: Best for giving back, with a portion of every bill supporting veteran-related charities.
In deregulated cities like Waco, utility companies and energy providers play different roles. The utility company is responsible for transmitting power to homes and businesses, maintaining power lines, and responding to power outages. These companies are determined based on where you live, meaning you can’t choose your own utility. In Waco, the assigned utility is Oncor Electric Delivery.
If you experience a power outage, call Oncor using one of the following methods:
- Call 1-888-313-4747
- Text OUT to 66267
- Report an outage online
Factors to consider when choosing an electricity plan
Understanding how each plan option works will help you pick the right one for your home’s energy habits and budget. Consider the following plan details when shopping for a plan.
- Fixed vs. variable rates: A fixed-rate plan has the same price per kWh throughout the whole contract, offering stable and predictable bills. Variable-rate plans change with the market conditions, meaning they have risky bills but better flexibility. We generally recommend fixed-rate plans to protect yourself from market spikes and seasonal rate changes.
- Plan length: Fixed-rate plans typically last from six, 12, 24 or 36 months. Longer contracts can help you lock in a low rate, while shorter plans offer flexibility. Before signing up for a long-term plan, check the early termination fee (ETF). If you cancel the plan before it ends, you might have to pay this fee. Variable-rate plans offer month-to-month flexibility without having to sign a contract or pay an ETF.
- Same-day energy deadlines: Many electric companies in Waco can start service on the same day you sign up if your home has a smart meter. Each provider has a daily cutoff time for same-day service, so it’s best to enroll early in the day or check which provider has a later cutoff time.
- Renewable energy options: Some Waco electricity providers offer green plans to offset your usage with renewable energy credits (RECs). These plans help you reduce your carbon footprint while supporting solar power and wind energy generation.
- Electricity Facts Label (EFL): The EFL outlines your plan details, including rates, fees, contract length, and potential costs. Reviewing this document can help you avoid surprises on your energy bill and ensure you understand what you’re signing up for.
- Your usage needs: Review your past energy bills to estimate how many kWh you use per month. This will help you choose the best plan structure. Some electric plans offer rewards for high usage through bill credits, while others work better for smaller households or apartments.
Connect with a business energy agent
Waco businesses also have access to deregulated energy services. You can fill out our business energy form or contact our energy experts by calling the number on the screen to receive customized commercial plans from the best electric companies in your area.
How to compare electricity rates with Choose Energy
The Choose Energy marketplace makes it easy to find the electric company in Waco. Here’s how to start comparing, buying, and enjoying new electricity service:
- Enter your ZIP code. We’ll use this information to show you accurate Waco electricity rates that you can sort and filter to find the perfect plan for your needs.
- Sign up in minutes. Signing up with a new provider online only takes a few minutes. You can also call our energy experts to ask questions about providers in your area and sign up over the phone.
- Enjoy your new plan. Your new Waco electric company will manage the transition so you can relax without any interruption to your service.
Moving to Waco?
If you’re moving to or within Waco, let your current electricity provider know at least two weeks before your move if possible. Your current plan may not work for your new address. In that case, you can search for a new one and switch providers by entering your ZIP code on this page. Filter your options based on your preference for plan type, length, and other features, such as green energy or bill credits.
Frequently asked questions about Waco energy
Who has the cheapest electricity rates in Waco?
Currently, Frontier Utilities, Gexa Energy, APG&E, or 4Change Energy offer some of the lowest electricity rates in Waco. Electricity rates change based on your plan type and market conditions, so it’s important to compare options and features from numerous providers before making your final decision.
What is the best provider in Waco?
Sorting out the best electric companies in Waco will depend on what you want in an electric plan. For example, some customers prioritize providers with the lowest prices, while others want green energy plans, high usage options, or exceptional customer service. If you know your must-haves, you can use the filters on the Choose Energy marketplace to find a plan that matches your needs.
When is the best time to shop for a Waco energy plan?
The best time to shop for a Waco energy plan is usually in the fall and spring when demand is lower. You should also start comparing rates when your current plan is about to end. Shopping around helps you find a better rate, lock in predictable prices, and choose a provider aligned with your current energy needs.
How can I lower my electricity bill in Waco?
Switching electricity providers may help you secure cheap electricity in Waco and lower your electricity bill. You can also make energy-saving home improvements, such as installing solar panels, repairing your HVAC system, and using energy-efficient appliances.