Cheapest Electricity Companies in Texas
The lowest Texas electricity rates with real numbers at 500, 1000, 2000 kWh. We break down bill credits, usage thresholds, and what cheap plans actually cost.
4Change Energy
8.9¢/kWh at 1000 kWh - consistently among the lowest advertised rates
Discount Power
9.4¢/kWh with bill credit plans - competitive on actual usage
Cirro Energy
9.9¢/kWh fixed rates - straightforward pricing without gimmicks
Payless Power
Prepaid at 18.4¢/kWh - highest flexibility, no credit check
How We Ranked These Companies
For this "cheapest electricity companies in texas" ranking, we weighted these factors:
- Actual rates at 500, 1000, and 2000 kWh usage levels (not just advertised 1000 kWh rates)
- Base charges and monthly fees that add to total cost
- Bill credit thresholds and whether you'll realistically hit them every month
- Contract length vs rate stability (12-month fixed vs month-to-month)
- Total annual cost for typical usage patterns, not just cents per kWh
Important: We don't get paid more to rank one company higher. These rankings are based on research, not affiliate deals.
Compare These Providers Head-to-Head
Can't decide between our top picks? See how they stack up against each other.
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Ready to Compare Actual Rates?
These rankings tell you who's good. Our plans page tells you what they cost today.
Compare Current RatesWhy This Page Exists
This page answers: "Who's the cheapest electricity companies in texas in Texas?" It's about company quality, not today's prices. For current rates, check our plans page.