Compare Waco electricity rates

In a deregulated energy market, there is a difference between utility companies and energy providers. The utility company is the one that delivers your electricity and maintains the local electric infrastructure. You can’t choose your utility company — it’s based on where you live. Oncor Electric Delivery is the utility in Waco.

While you can’t choose your utility company, you can choose your energy provider. Your energy provider generates the electricity that powers your home. Thanks to deregulation, Waco residents have plenty of providers to choose from, including Cirro Energy, Reliant Energy, TriEagle Energy, and TXU Energy. Currently, you can find plans for as low as 7.4 cents per kWh. 

Types of electricity plans in Waco

As you shop for energy options, you’ll encounter the following plan types on our marketplace:

• Fixed-rate plans: You’ll pay a stable monthly energy rate through the length of your contract. You can switch providers before your contract expires, but you might have to pay an early termination fee (ETF) to do so. 
• Variable-rate plans: Your monthly energy rate changes each month due to climate, energy load demand, and other factors. Some months you might pay a higher rate, especially in the summer when the need for energy increases. In other months, you may pay a lower rate. Since there is no contract, you can switch providers at any time without penalty. 
• Prepaid & no-deposit plans: Most energy providers check your credit before starting service. If your credit score doesn’t meet certain requirements, you may be required to pay an up-front deposit. If you don’t want to undergo a credit check, you can choose a no-deposit or prepaid energy plan. With either, you pay in advance for electricity, and your provider notifies you when your balance runs low. 

Enter your ZIP code above to begin exploring a variety of plans from the best electric companies near you. 

Waco green energy

Texas is a leading producer of green energy. The state creates the most wind electricity in the U.S. It’s also within the top five states for solar generation.

Each electricity plan in Texas contains a percentage of green energy, and you can find out the exact amount on the electricity facts label (EFL). If you’re interested in green energy, providers such as Chariot Energy, Gexa Energy, and Green Mountain Energy offer 100% green energy plans. Green energy rates in Waco currently start at 7.5 cents per kWh.

Waco energy for business

If you’re a business owner in Waco, you can take advantage of deregulation and choose your electricity provider. Connect with a Choose Energy expert to create a custom plan for your commercial energy needs. Visit our business energy page or call the number on your screen to get started today.

Waco electric rates in my area

Where you live plays a role in how much you pay for your energy service. You can have the same plan as someone else in the state, but you pay different prices. This is due to the transmission fee–the charge your utility imposes for delivering energy service. Using your ZIP allows your to find the most accurate electricity rates in your area. 

Moving to Waco?

With more than 130,000 residents, Waco is located along the Brazos River, about halfway between Dallas and Austin. If you’re planning a move to Waco, you can lock in your new electricity rate now. Start by entering your ZIP code above to compare electric rates in Waco for your new home or business.

Choose Energy simplifies the process of searching for Waco electricity rates. Here’s how to get started:

1. Enter your ZIP code. When you enter your ZIP code above, you’ll be able to compare rates and plans from the best electric companies near you. 
2. Sign up. Once you choose the right plan, you can sign up in minutes using our online marketplace. If you have questions or need more help, call the number on your screen to speak with an energy expert.
3. Enjoy your energy savings. Your new provider will coordinate with your utility company and handle the setup, so you can now relax.

Who has the cheapest electricity rates in Waco?

Express Energy and Frontier Utilities have the cheapest electricity in Waco, with rates at just 7.4 cents per kWh.

How do I find the best electricity plan in Waco?

First, it’s essential to decide what you want in an energy plan. Do you want a fixed rate or a variable rate? Are you interested in renewable energy? What’s your ideal contract length? Once you’ve answered those questions, you can use the Choose Energy marketplace to explore a variety of electricity plans.

When is the best time to shop for a Waco energy plan?

Energy prices are often the cheapest in the spring and fall when temperatures are moderate. You can find cheap electricity rates in Waco by shopping for a plan when energy demand is low.

How can I lower my electricity bill in Waco?

One of the cheapest ways to reduce your energy bill is to shop around for a more affordable energy plan. If you don’t want to switch plans, you can save money by reducing your energy usage, such as setting your thermostat 8-10 degrees warmer when you leave your home, sealing drafty doors, and using LED lighting.