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Compare Waco electricity rates

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Waco energy rates

Located between Dallas and Austin, Waco is a central Texas city known as the home of Baylor University. Waco has more than 135,000 residents who enjoy the city’s popular attractions, including Cameron Park Zoo, Magnolia Market, and Lake Waco.

If you’re a resident of Waco, TX, or own a business in the city, you’re part of the deregulated Texas energy market. This awards you the ability to shop for an electricity plan instead of purchasing power from your local utility.

To find today’s best Waco electricity rates, enter your ZIP code above.

Waco energy deregulation

In January 2002, deregulation became law in most areas of Texas, including Waco. As a result, energy customers gained the power to choose from several electricity suppliers (also called retail electric providers or REPs).

In turn, competition among REPs increased, leading to more affordable rates for consumers. These days, Texans still enjoy favorable electricity prices because of deregulation. In fact, residential energy rates in Texas are 11.4% lower than the U.S. average, and commercial rates are 28.33% lower than the national average.

Choose Energy’s online marketplace makes it easy to explore and compare Waco electric companies. And, we’ve also written several guides to help you through the energy-buying process. Here are some of the most popular:

Waco utility companies & energy providers

When you live in a deregulated city like Waco, you’re free to choose from whichever electricity companies serve your area. However, your local utility company will still be responsible for delivering power to your property and responding to outages. Oncor Electric Delivery is the utility in Waco.

Although you can’t pick your utility company, you have plenty of options when it comes to choosing an electricity company. Some of the most popular ones include Cirro Energy, Reliant Energy, TriEagle Energy, and TXU Energy.

Waco renewable energy

Are you looking for a renewable energy plan in Waco? You’re in the right place since 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.

There are a handful of Waco electric companies that offer green energy plans powered by wind and solar energy. If you’re interested in renewable energy plans, keep an eye out for companies like Gexa Energy and Green Mountain Energy.

Frequently asked questions

What is a good electricity company in Waco?

You might be wondering: what’s the best electric company in Waco, TX? The answer isn’t entirely straightforward since it depends on your energy habits and preferences. But no matter what you’re looking for, you can use Choose Energy to browse providers and find one that fits your needs.

How do I choose an electricity company 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 find suppliers near you and filter by rate type, term length, and more.

How can I lower my utility bill in Waco?

There are a few ways to lower your electricity bill, which we’ve covered in this article. You might be able to save on your Waco utilities costs by switching providers, moving to a renewable plan, or opting for a prepaid plan.

Who has the cheapest electricity rates in Waco?

Waco electricity rates rise and fall, so it can be challenging to determine which provider is the cheapest. The best way to find up-to-date pricing is with an energy comparison tool like Choose Energy.

Waco electric rates in my area

When you’re looking for a new energy plan, your first instinct might be to visit Google and search for a generic term like “electricity rates in my area” or “electricity rates near me.” However, this approach won’t always get you the most accurate results. That’s because prices can fluctuate from city to city, thanks to varying utility charges.

Ready to find plans and providers near you? Submit your ZIP code above to explore Waco electric prices.

Waco energy for business

Are you a business owner in Waco? If so, you can take advantage of deregulation to get cheaper electricity. Connect with a Choose Energy expert today to find out about creating a custom plan for your commercial energy needs. Visit our business energy page to get started today.