Utility company in Texas
Texas-New Mexico Power, also known as TNMP, began in 1934 as Community Public Service Co. In 1935, it took ownership of Texas-Louisiana Power Co., so the company has been around for decades.
Texas-New Mexico Power provides electricity to more than 255,000 homes and businesses in the Lone Star state. Based in Lewisville, Texas, TNMP employs about 400 people in more than 22 communities in the state.
| Plan Name | Plan Length | Rate |
|---|---|---|
| Frontier Utilities - Best Value 12 | 12 months | $0.075 / kWh |
| Gexa Energy - Gexa Saver Deluxe 12 | 12 months | $0.075 / kWh |
| Pulse Power - Texas Saver 12 | 12 months | $0.075 / kWh |
| Chariot Energy - GridEdge 36 | 36 months | $0.077 / kWh |
| 4Change Energy - Maxx Saver 12 | 12 months | $0.078 / kWh |
| Just Energy - Power Plus 12 | 12 months | $0.089 / kWh |
| Cirro - Smart Value 12 Online | 12 months | $0.100 / kWh |
| Constellation - 12 Month Usage Bill Credit | 12 months | $0.103 / kWh |
| TXU Energy - Smart Edge 12 | 12 months | $0.115 / kWh |
| Discount Power - Value Plus 12 | 12 months | $0.117 / kWh |
| Green Mountain - Pollution Free e-Plus 36 Preferred | 36 months | $0.118 / kWh |
| Reliant - Secure Advantage 18 | 18 months | $0.123 / kWh |
| First Choice Power - You Got This 36 | 36 months | $0.123 / kWh |
| Direct Energy - Live Brighter 36 | 36 months | $0.124 / kWh |
| Iberdrola Texas - Wind By TX 36 | 36 months | $0.126 / kWh |
| Payless Power - SmarTricity Premier 12 - Prepaid Plan | 12 months | $0.151 / kWh |
Please note: All rates above are accurate as of 1/15/2021, 2:42:31 PM CST 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.
Electricity utilities in the U.S. follow many different structures, which vary by state. Some states encourage market competition among energy suppliers, giving the consumers more choice. This is called deregulation.
Five million residents in Texas have had the choice of electricity provider since the state was deregulated in 2002.
Put simply, deregulation means Texas electricity customers – or at least about 85 percent of them – have the power to choose the company that supplies the energy they use. These companies are called retail electricity providers (REPs), and they are different from utilities such as Texas-New Mexico Power.
Texas-New Mexico Power is a utility, which means it’s the company that delivers electricity to your home. Utilities also maintain the electrical equipment in your area, so those companies respond to power outages and oversee repairs on downed power lines.
Providers, in contrast, either generate or buy the energy and provide it to the utility for delivery. They also coordinate the process when you switch from one provider to another. These switches usually can be done without a technician visit to your home.
If you live in Texas-New Mexico Power’s service area, a variety of suppliers can provide your electricity, including Constellation, Direct Energy, First Choice Power, and 4Change Energy. Rates vary by supplier, so be sure to look into all of your options and compare electricity rates before deciding to make the switch.
Also, it’s important to understand how energy plans work before you commit to a new supplier. Check out our ultimate guide to energy plan lingo if you need clarification on the types of plans you can buy, various rate structures, contract lengths, and more.
Remember this: The process is simple. Just enter your ZIP code on this page, sort through the list of providers in your area by price, term length, or other factors, and sign up online or by calling the number on this page. Either way, it only takes minutes.
Your utility is Texas-New Mexico Power, even if you use an alternative energy supplier. Sometimes you’ll need to contact the company itself. To report outages, find out more about transmission rates, or ask questions about your bill, use the following information:
Updated: 8/17/2020