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Founded in 1934, Texas-New Mexico Power is an electric utility that transmits and delivers electricity to over 270,000 customers in Texas.
Texas-New Mexico Power services extend across much of Texas, including the Dallas-Fort Worth Metroplex, West Texas, and the Gulf Coast. Thanks to this wide service area, both residents and businesses alike can take advantage of affordable Texas-New Mexico power rates.
| Plan Name | Plan Length | Rate |
|---|---|---|
| Gexa Energy - Gexa Eco Saver Plus 12 | 12 months | $0.129 / kWh |
| Frontier Utilities - Frontier Saver Plus 24 | 24 months | $0.129 / kWh |
| 4Change Energy - Maxx Saver Select 24 | 24 months | $0.130 / kWh |
| Express Energy - Flash 12 | 12 months | $0.130 / kWh |
| Discount Power - Bill Credit Bundle 24 | 24 months | $0.133 / kWh |
| Flagship Power - Galleon1000 12 | 12 months | $0.146 / kWh |
| Veteran Energy - Valor 18 - Marketplace Exclusive Offer! | 18 months | $0.148 / kWh |
| Reliant - Power Savings 24 plan | 24 months | $0.149 / kWh |
| BKV Energy - Verbena 36 | 36 months | $0.152 / kWh |
| Cirro - Smart Value 24 | 24 months | $0.155 / kWh |
| TXU Energy - Smart Edge 12 | 12 months | $0.155 / kWh |
| Constellation - 12 Month Usage Bill Credit | 12 months | $0.159 / kWh |
| TriEagle Energy - Real Deal 36 | 36 months | $0.160 / kWh |
| Direct Energy - Live Brighter Lite 24 | 24 months | $0.165 / kWh |
| Green Mountain - Pollution Free e-Plus 24 Preferred | 24 months | $0.173 / kWh |
| Rhythm Energy - Clear Choice 36 | 36 months | $0.176 / kWh |
| Payless Power - 12 Month - Prepaid | 12 months | $0.185 / kWh |
Please note: All rates above are accurate as of 4/27/2024, 1:16:31 AM CDT for utility Texas-New Mexico Power. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
The state of Texas deregulated its energy market back in 2002, which gave electric retailers a chance to sell energy plans directly to Texas residents. In turn, customers didn’t have to rely on their utility for electricity plans.
Deregulation gives you the freedom to choose your electricity plan from many different retailers. In a deregulated market, electricity providers sell you electricity while utilities handle deployment and any infrastructure improvements. If any issues arise with your utility, contact the Public Utilities Commission to intervene on your behalf.
Learn more about the deregulated energy market with ChooseEnergy’s resources:
There are distinct differences between energy providers and utility companies. As mentioned, electricity providers sell energy plans to residents and businesses. This is where you can use the Choose Energy marketplace as a one-stop-shop to compare electricity plans.
Meanwhile, Texas utility companies deliver power between the provider and the customer. Utilities also respond to power outages and fix any problems arising from deployment. When a power outage occurs, you should contact Texas-New Mexico Power, not your energy provider.
Since Texas-New Mexico Power services many areas of the state, there are many electric providers in its service area. You can find electricity plans from Express Energy, 4Change Energy, Pulse Power, and TXU Energy, among others.
Because there are many options available, allow Choose Energy to help. We’re a free, independent marketplace that does the homework for you. We’ll provide you with the best rates in your area with filtering tools to help you find the right plan for you. If you need a green energy plan sourced from solar energy or other renewable sources, we make pairing a plan to your needs quick and informative. We also provide tools to help you research providers and utilities, and you can read Texas-New Mexico Power reviews as well.
Keep in mind, however, that electric rates vary based on your location. The best way to receive accurate pricing is to enter your ZIP code. Doing so gives you access to the best rates in your area from the best electric companies.
