Compare Austin, Texas Electricity Rates

Residents of Austin, TX have the freedom to choose their electricity providers in a deregulated energy market. However, they must research and compare rates, plans, and providers to find the best deal.

To find the best Austin electricity rates, it's important to consider details such as the rate, contract length, and additional fees. Ready to learn more? Let's start exploring!

Finding the best electricity rates in Austin doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing rates is a breeze!

Compare Electric Rates in Austin in just 3 Easy Steps:

Finding the best electric company in Austin is a daunting task. However, we can depend on the U.S. Energy Information Administration's report, which ranks the providers by customer count. This list informs us which Austin energy companies are the most popular.

1. TXU Energy Retail Co, LLC – 1,668,676 Customers
2. Reliant Energy Retail Services- 1,440,089 Customers
3. Direct Energy Services- 516,248 Customers
4. Ambit Energy Holdings, LLC- 408,661 Customers
5. Green Mountain Energy Company- 364,913 Customers
6. US Retailers, LLC- 348,361 Customers
7. NextEra Energy Services, LLC- 293,050 Customers
8. Stream SPE, LTD- 241,597 Customers
9. Just Energy- 236,182 Customers
10. Constellation NewEnergy, Inc - 218,526 Customers

As an Austin, TX resident, don't limit yourself to the electricity providers I mentioned earlier. New energy suppliers may offer better deals. At EnergyPricing.com, we've done the research and only work with reliable providers.

If you're searching for the top energy plans in Austin but are unsure which one to go for, this guide on the most commonly offered types and their benefits will help you make an informed decision.

Fixed-Rates Plans -  With a fixed-rate energy plan, your electricity rate is locked in for the duration of your contract. This means you'll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of market fluctuations.

Variable-Rate Plans - Unlike fixed-rate plans, variable-rate plans (Indexed Plans) have rates that fluctuate with the energy market. Your bill may vary based on market conditions. 

100% Green Energy Plans - If you prioritize environmentally friendly energy and don't mind the extra cost, a 100% Green Energy Plan is a great choice. However, it's important to note that the electricity flowing through your power lines may not be 100% Green Energy even with this plan. Instead, most electric providers offset your energy usage by purchasing Renewable Energy Credits (RECs) generated from solar or wind energy.

Promotional Energy Plans - Promotional energy plans offer savings through lower rates or unique billing structures. Popular options include free weekend plans and Monthly usage bill credit plans. However, customers should carefully review the Supplier's Electricity Facts Label (EFL) to understand pricing and potential additional costs.

Lower your electricity bill in Austin by shopping electricity providers, investing in energy-efficient equipment, and being mindful of your energy usage habits. With these tips and a clear understanding of providers and rates, you can save money on your energy expenses.

Shop for Better Rates - To lower your monthly electricity bill, consider shopping around for better rates. One option is Texas PUC's shopping website, Power to Choose. It's important to note that any licensed provider can post offers there, regardless of reputation and customer service complaints.Unlike the state shopping website, EnergyPricing.com pre-screens all our suppliers and energy plans to bring you the best options.

Energy Efficiency Measures - Another way to lower your electricity bill is to invest in energy-efficient measures. Opt for LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. These choices will save you money and contribute to a greener and more sustainable future.

Smart Usage Habits - Alongside investing in energy efficiency measures, embracing smart energy usage habits can significantly contribute to saving on your electricity bills. You can actively reduce your energy consumption and enjoy lower monthly bills by turning off lights and electronics when not in use, sealing air leaks in your home, and opting for fans instead of air conditioning.

If you're considering moving to Austin, TX, keep in mind that it's a deregulated electricity market, allowing you to explore and compare various electricity providers and plans to get the best deal possible.

Below is everything you need to know about how to set up your electricity bill in Austin.

Oncor provides electricity to homes and businesses in the Austin area. They also maintain the electrical infrastructure. For power outages, Oncor should be contacted instead of your Retail Electricity Provider.

Every electricity meter in Austin has a unique identifier known as an Electric Service identifier (ESI ID) number, which is required when setting up Energy service. To obtain your ESID number, contact your local utility company or use our ESID address lookup tool while enrolling on our website.

The Austin electric companies you will choose from are called Retail Electricity Providers (REPs). To set up your electric service, click the Get Started Button below, select the REP you prefer, and let them know your move-in date. It's a simple process!

If you're a business owner in Austin struggling to price your electricity accounts, EnergyPricing.com has got your back! Say goodbye to countless phone calls and face-to-face meetings with our solution that saves you time and effort.

EnergyPricing.com is a platform that makes it simple to get quotes from multiple electric companies in Austin. With our proprietary technology, you can receive instant quotes from your computer or smartphone without any hassle. Our platform is user-friendly and easy to navigate. Join our revolution today and experience the benefits of EnergyPricing.com!

1. Direct Access to Providers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of electricity providers. Just sit back and watch the bids come in!
2. Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.

On our exciting journey, we discovered electric rates in Austin. We talked about the deregulated energy market, provided tips to compare electric companies and offered strategies to save money on bills.

Ready to take charge of your electricity usage in Austin? Compare rates now and find the ideal plan for your home or business. Click the Get Started Button below, to start saving on electricity bills today!

 The average residential electricity rate in Austin, Texas, is approximately 14.47 cents per kWh as of May 2025. Electric rates in Austin vary by provider, plan type, and usage because Texas has a deregulated energy market. Cirro Energy and Discount Power offers competitive rates like $0.1140 cents per kWh for 12-month plans. Other fixed-rate plans range from 11.1 to 15.44 cents per kWh for 12- to 36-month contracts. Austin Energy, the city’s public utility, uses a four-tier rate structure, averaging 14 cents per kWh. You can compare Austin electricity plans by putting in your ZIP Code on Energy Pricing. Then, you can shop the cheapest Austin, Texas electricity plans  in your area.

Austin Energy, the city-owned utility serving Austin, Texas, uses a tiered rate structure for residential customers based on usage rather than time-of-use (TOU) pricing, so off-peak hours are not explicitly defined for standard plans. However, based on industry standards and Austin Energy’s programs, off-peak hours are generally from 9 PM to 6 AM daily, when electricity demand in Austin, Texas is lowest. Austin Energy’s Power Saver Program lists peak demand hours as 1 PM to 7 PM during hot summer days. For commercial electric customers in Austin, off-peak periods typically include early mornings, nights, and weekends, with peak hours listed as 3 PM to 6 PM  for programs like the Load Shifting Voltage Discount.

To save on electricity, you should consider doing high-energy consumption tasks like laundry, dishwashing, or electric vehicle charging during overnight hours (9 PM to 6 AM) to take advantage of lower demand periods. Joining Austin Energy’s Power Saver Program can help you reduce usage during peak summer hours. Because Austin has a deregulated market, providers like Cirro Energy or Discount Power offer plans with rates as low as $0.114 cents/kWh (EnergyPricing.com).

Austin Energy’s average residential rate is approximately 14.47 cents/kWh, with no standard time-of-use plan for most homes, but conserving during peak hours can help stabilize rates. To find the lowest electric prices in Austin, Texas you can enter your ZIP code on Energy Pricing. 

Electricity costs in Austin, Texas (average of 14.47 cents per kWh), feel expensive due to a combination of factors tied to the city's unique energy landscape. Austin Energy, the public utility, operates in Texas’s deregulated market under ERCOT, where wholesale power prices surge during high-demand periods like hot summers or cold winters, with costs passed to consumers via adjustments like the Power Supply Adjustment. The utility’s tiered rate structure also raises rates for higher usage, hitting heavy consumers harder, especially when air conditioning spikes in Austin’s hot climate. Rapid population growth is fueling demand, pushing up wholesale electricity prices, while regulatory fees, transmission costs, and recent rate hikes don't help either. In 2023, there was 5% increase in Austin electricity rates. When you combine all these factors with higher customer charges, it has added about $171 annually to electric bills in Austin. In addition to all of this, Austin has limited solar incentives, with Austin Energy buying excess solar at lower rates than it sells. This further reduces savings for renewable electricity users.

A good price for electricity per kWh in Austin, Texas in 2025 is typically 11 to 13 cents per kWh for residential  electric customers in the deregulated market, beating the state average of 14.58 cents/kWh. This range reflects competitive fixed-rate plans from top providers, including Cirro Energy and Discount Power, who offer rates as low as 11.40 cents/kWh. 

Texas has a deregulated market, which means electric rates in Austin vary by usage and location. For 1,000 kWh/month, aim for 11–12.5 cents/kWh to stay below average. Low-usage homes (500 kWh) may see 12–15 cents/kWh, while high-usage homes (2,000 kWh) can secure 10.5–12 cents/kWh. For example, Cirro Energy and Discount Power offer plans at 11.40 cents/kWh, providing excellent value. In Austin, where Austin Energy’s rate averages 14.47 cents/kWh, these rates are highly competitive.

A good rate depends on plan type and timing. Fixed-rate plans, like those from Cirro Energy and Discount Power, lock in savings and protect against price spikes. Variable electric plans in Austin often exceed 15 cents/kWh. You can shop in spring or fall to avoid summer rate hikes. Delivery fees (2–4 cents/kWh) and usage fees can also increase costs, so review plan details when switching to an electric company in Austin.

EnergyPricing.com is an online marketplace that connects residential and commercial customers in deregulated electricity and natural gas states with energy suppliers.

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You can rely on Oncor, your local utility company, for delivering and maintaining your electricity. If there's a power outage, just contact them to get you back up and running.