Cheapest Electricity Companies in Texas

The cheapest electricity company in Texas is 4Change Energy (8.9 cents/kWh at 1000 kWh). Runners-up: Discount Power, Cirro Energy.

Best for: Bill credit hunters

4Change Energy

8.9¢/kWh at 1000 kWh - consistently among the lowest advertised rates

You want budget rates and the charity angle makes you feel a little betterYou prefer simple fixed-rate plans without gimmicksYou won't call customer service much--set it and forget it

Price position: Competitive

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Best for: Straightforward savings

Discount Power

9.4¢/kWh with bill credit plans - competitive on actual usage

Price is your #1 factor--Discount Power is often among the cheapest in TexasYou need prepaid and can't pass a credit check elsewhereYou're renting short-term and want 1-month flexibility

Price position: Competitive

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Best for: Simple fixed rates

Cirro Energy

9.9¢/kWh fixed rates - straightforward pricing without gimmicks

You want green energy baked into every plan--no premium requiredYou like the 30-day satisfaction guarantee (cancel penalty-free)You want NRG stability without the Reliant upselling

Price position: Competitive

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Best for: Credit-challenged

Payless Power

Prepaid at 18.4¢/kWh - highest flexibility, no credit check

Your credit is rough and you need power without a depositYou want to budget electricity like a prepaid phone--pay as you goYou like daily balance alerts and usage tracking

Price position: Competitive

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How This Was Decided

These companies are featured based on what matters for this category:

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

No bias. Same treatment for every company.

Compare These Companies Head-to-Head

See how these companies compare, side by side.

4change Energy vs Payless Power

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4change Energy vs Discount Power

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See all head-to-head matchups →

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