Austin Electricity Rates

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Available Austin Electricity Providers

  1. 9 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1362
    per kWh
    At 1000 kWh
    $0.1404
    PER kWh
    At 500 kWh
    $0.1341
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 9
    Term: 9 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan Description:

    Mother Nature’s clean energy powers your plan. Not only will you get a fixed rate at a great price, but you’ll do your part in ensuring a greener planet. Plus, no hidden fees ever, 7-day-a-week customer support, and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!

  2. 18 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1390
    per kWh
    At 1000 kWh
    $0.1480
    PER kWh
    At 500 kWh
    $0.1340
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: The Gruene 18
    Term: 18 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Energy Texas
    Early Termination Fee: $275.00
    Plan Description:

    Lock in a great fixed rate for 18 months with our Gruene 18.. Giddy Up Guaranteed!

  3. 36 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1400
    per kWh
    At 1000 kWh
    $0.1490
    PER kWh
    At 500 kWh
    $0.1350
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: 36 Inflation Fix
    Term: 36 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Energy Texas
    Early Termination Fee: $500.00
    Plan Description:

    Protect yourself against inflation and lock in your rate for 3 years with our most competitive pricing.. Giddy Up Guaranteed!

  4. 12 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1410
    per kWh
    At 1000 kWh
    $0.1500
    PER kWh
    At 500 kWh
    $0.1360
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Come & Take It 12
    Term: 12 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Energy Texas
    Early Termination Fee: $250.00
    Plan Description:

    Lock in a great rate for a year with our Come and Take it 12. Giddy Up Guaranteed!

  5. 24 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1420
    per kWh
    At 1000 kWh
    $0.1510
    PER kWh
    At 500 kWh
    $0.1370
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Bigger Than Texas 24
    Term: 24 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Energy Texas
    Early Termination Fee: $400.00
    Plan Description:

    Set it and forget it for 24 months with our Bigger Than Texas 24. Giddy Up Guaranteed!

  6. 12 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1450
    per kWh
    At 1000 kWh
    $0.1540
    PER kWh
    At 500 kWh
    $0.1400
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Clean & Green 12
    Term: 12 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Energy Texas
    Early Termination Fee: $250.00
    Plan Description:

    .

  7. 16 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1453
    per kWh
    At 1000 kWh
    $0.1496
    PER kWh
    At 500 kWh
    $0.1432
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 16
    Term: 16 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan Description:

    Mother Nature’s clean energy powers your plan. Not only will you get a fixed rate at a great price, but you’ll do your part in ensuring a greener planet. Plus, no hidden fees ever, 7-day-a-week customer support, and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!

  8. 24 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1496
    per kWh
    At 1000 kWh
    $0.1538
    PER kWh
    At 500 kWh
    $0.1475
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 24
    Term: 24 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan Description:

    Lock in a 100% renewable plan at a great fixed rate and enjoy the peace of mind that you’re doing your part for a cleaner energy future. Plus, no hidden fees ever, 7-day-a-week customer support and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!

  9. 12 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1526
    per kWh
    At 1000 kWh
    $0.1568
    PER kWh
    At 500 kWh
    $0.1505
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 12
    Term: 12 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan Description:

    Mother Nature’s clean energy powers your plan. Not only will you get a fixed rate at a great price, but you’ll do your part in ensuring a greener planet. Plus, no hidden fees ever, 7-day-a-week customer support, and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!

  10. 36 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1539
    per kWh
    At 1000 kWh
    $0.1581
    PER kWh
    At 500 kWh
    $0.1518
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Simply Select 36
    Term: 36 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Rhythm
    Early Termination Fee: $10.00 Months Remaining
    Plan Description:

    Get our best-priced, 100%-renewable plan and feel great about what you’re paying and the impact you’re making for the long-term. Plus, no hidden fees ever, 7-day-a-week customer support, and you can earn Rhythm Rewards Points that can be redeemed to reduce your energy bill!

  11. 24 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1661
    per kWh
    At 1000 kWh
    $0.1803
    PER kWh
    At 500 kWh
    $0.1590
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Two Months Free 24
    Term: 24 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Rhythm
    Early Termination Fee: $20.00 Months Remaining
    Plan Description:

    Know what's better than a new electricity plan? A new electricity plan that comes with two months of free electricity.

  12. 1 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1750
    per kWh
    At 1000 kWh
    $0.1840
    PER kWh
    At 500 kWh
    $0.1700
    PER kWh
    At 2000 kWh
    SIGN UP
    Plan Name: Energy Texas Monthly
    Term: 1 Months Fixed
    Product: Electric
    Utility: Oncor (TX)
    Supplier: Energy Texas
    Early Termination Fee: $0
    Plan Description:

    Receive a great rate for your first billing cycle! 100% Renewable Energy. After your first bill, price is subject to market rate.

Last updated: August 24, 2023

Paul Rhoads Head Shot

Author: Paul I. Rhoads, CEM, CEP


Paul is the Vice President of EnergyPricing.com. He has over a decade of experience in the energy industry, advising clients on how to get the best electricity rates and providers. In addition to his vast experience, Paul is a Certified Energy Manager (CEM) and Certified Energy Procurement Professional (CEP).

Compare Rates and Find the Best Electric Company in 2023

Looking to save money on your electricity bill in Austin? Look no further! Our ultimate guide will help you find the best rates, compare providers and plans, and make the switch to a more affordable energy solution. Power your home or business confidently, knowing you've made the smart choice for your energy needs.



Short Summary

  • Austin's deregulated energy market gives you the power to pick the perfect electricity plan for your needs.
  • Don't just make a quick decision - compare features, weigh factors & shop around on EnergyPricing.com.
  • Learn how to electrify your energy savings with some energy-saving tips!

Understanding Austin Texas Deregulated Market

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!



Current Austin Electricity Rates

Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Austin. Below are the current average Austin electricity rates offered by retail electricity providers. To access the latest rates, enter your zip code to get started.

  • 12-Month Fixed Rate of $0.1512 per kWh
  • 24-Month Fixed Rate of $0.1448 per kWh
  • 36-Month Fixed Rate of $0.1452 per kWh

Source: This data is based on the average fixed-rate Oncor residential plans (per 1,000 kWh) offered by Retail Electricity Providers as of August 24, 2023.

Compare Austin Electricity Rates Today! ⇩

Future Austin Energy Rates

Are you interested in learning about future electricity prices in Austin? While it's difficult to make accurate predictions, we can estimate by analyzing the energy market trends.

The Energy Future market operates like the stock market, where traders buy and exchange energy contracts based on their projections of future energy prices, offering insights into the electricity market in Austin, TX. Check out the latest chart for this region's energy future market below.

ERCOT Historical Electricity Prices in Austin

Comparing Austin Electric Companies

When comparing energy companies in Austin you have many options. Currently, there are more than 100 providers registered with the Public Utility Commission of Texas. That's a lot of choices!

Luckily, EnergyPricing.com's easy-to-use interface makes comparing energy providers in Austin as easy as one, two, three.


Step 1: Enter Your Zip Code
This will direct you to all our available electricity plans in Austin TX.

Step 2: Compare Rates and Electric Providers in Austin TX
This is the fun part. Our easy-to-use interface allows you to compare all the electricity providers in Austin effortlessly.  

Step 3: Enroll Online
Once you find the perfect plan, you can enroll online in less than 2 minutes.


Do you want to see how it works in real time? Watch the video below.

Factors to Consider When Shopping Austin Energy Companies

If you're feeling overwhelmed with the multitude of options when comparing energy companies in Austin, don't worry! EnergyPricing.com can lend a hand. Consider the following factors when comparing providers.



  1. Price -  First and foremost, price is crucial when comparing energy companies in Austin. However, compare apples to apples when comparing providers’ rates. As we’ll learn later, some providers have promotional energy plans that may be misleading on price.

  2. Read Customer Reviews - To understand a company’s customer service, check out their reviews on Google. What are other customers saying about the service they’re getting? Look for red flags like poor communication, unresponsive customer service, and billing issues.

  3. Company Size - It’s also worth checking how many customers a company has. This could be an indication of their size and stability. A more significant customer base can mean more resources and better infrastructure to handle customer demands.

  4. How long have they been in Business? - Researching the history of a company can help you form an opinion on how reliable and trustworthy they are. You can find this information on their website or by reading reviews online. A company with a long history of providing reliable service is a good sign that they’re here to stay.

  5. Lastly, read the Contract - Don’t just quickly sign the electricity contract and hope for the best. Read the entire agreement carefully before committing yourself to any provider.

Best Austin Electric Company

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

Source: U.S. Energy Information Administration (EIA), 2021 Utility Bundled Sales to Ultimate Customers- Total

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.

Types of Electricity Plans in Austin

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 plan, your electricity rate is locked in for the duration of your contract. This means that you’ll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of fluctuations in the energy market. Fixed-rate plans are popular for those who want budget certainty and stability.

Variable-Rate Plans

Unlike a fixed-rate plan, a variable-rate plan (also known as Indexed Plan) can fluctuate with the energy market. This means your energy bill may be higher or lower depending on the current market conditions. A Variable-rate plan can be a good option for those who don’t mind occasional rate changes and prefer flexibility.

100% Green Energy Plans

If you prioritize environmentally friendly energy sources and don’t mind spending a little extra, a 100% Green Energy Plan is an excellent option. It’s worth noting that the electricity flowing through your power lines won’t typically be 100% Green Energy, even with this plan. Instead, most electric providers offset your property’s annual kWh usage by purchasing Renewable Energy Credits (RECs). These RECs are generally generated through solar or wind renewable energy sources.

Promotional Energy Plans

Promotional energy plans are popular among electricity consumers, as they offer lower rates or unique billing structures that can save customers money. Some of the most popular are free weekend plans or Monthly usage bill credit plans that provide credits for staying under a certain energy usage threshold. However, customers need to be cautious when choosing a promotional energy plan. It’s essential to thoroughly read the energy prover's Electricity Facts Label (EFL) to understand the price you will pay and any fine print details that may affect your overall cost.

Tips for Comparing Energy Plans in Austin TX

If you're seeking ways to lower your monthly electricity bill in Austin, TX, don't fret. These tips can assist you in swiftly locating the optimal electricity plan.


  1. Look at the plan’s Electricity Facts Label:In Austin TX, every residential electricity plan has to have an Electricity Facts Label (EFL). Think of it as a nutrition label found on many food products. This EFL will contain essential information such as the plan’s average electric rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate apples-to-apples comparison and look at the EFL!

  2. Compare plans based on your actual kWh electricity usage range: It’s essential to compare electricity plans based on your particular kWh monthly energy usage. For instance, if you live in an apartment and use about 500 kWh every month, it doesn’t help to look at plans designed for 2,000 kWh. It’s important to consider how much electricity you use on average and choose a plan tailored to your specific energy needs. This becomes increasingly crucial when looking at promotional plans like Usage Bill Credits.

  3. Note any additional fees: It’s not just about the electricity rate when comparing electricity plans. It’s essential to look at the entire picture, including any additional costs associated with the plan. These can include monthly service fees, renewable energy surcharges, or other add-ons. It’s important to factor these fees into the equation when comparing plans.

  4. Consider 100% Green Plans: A 100% Green Energy Plan may be the perfect option for those who prioritize environmentally-friendly energy sources. While these green energy plans often cost slightly more than traditional plans, many customers find the added expense worthwhile.

  5. Factor in Contract Length: When choosing an electricity plan, it’s essential to consider the contract length. Fixed-rate plans typically have contract lengths ranging from 6 months to 3 years, while variable-rate plans may have no set contract period. Understanding any early termination fees associated with a plan is essential, as switching plans before the contract is up can result in penalties.

Saving Money on Your Electricity Bill in Austin TX

Lower your electricity bill in Austin by switching 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.


Switch Electricity Providers

Did you know that electricity companies typically try and increase their profit margin on renewals? It's a dirty secret in the industry that I want to expose to you. Simply remembering to shop around and switch electricity providers can save you a ton!


Invest in Energy Efficient Equipment

To cut down your electricity bill, you can opt for energy-efficient appliances like LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. Additionally, unplug electronics when not in use, use power strips to turn off multiple devices at once, and install motion sensors or timers to switch off lights automatically when not needed.


Smart Usage Habits

Smart usage habits can help you save on electricity bills, in addition to investing in energy efficiency measures. You can reduce your energy consumption and lower your monthly bills by following simple actions like turning off lights and electronics when not in use, sealing air leaks in your home, and using fans instead of air conditioning.

Moving to Austin, Texas: What you Need to Know about Your Electric Bill

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.


Local Electric Utility Company 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.


Oncor Logo in Austin

Locate your ESID number

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.



Retail Electricity Providers in Austin TX

Retail Electricity Providers (REPs) are the companies you can choose from to set up your electric service in Austin. Simply enter your zip code below, select your preferred REP, and let them know when you move in. It's a straightforward process!

Compare Austin Electricity Providers Today! ⇩

Commercial Electric Rates in Austin, Texas

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 Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of Austin electric companies. Just sit back and watch the bids come in!

  2. Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose how much providers compensate us. Due to our automated online pricing process, we can offer some of the lowest business electricity rates in the market.

  3. Expert Advice: Unsure of which plan or provider to go with? No problem! You will have access to an industry expert that can help you throughout the pricing process.

Ready to Start Pricing? Save Today!

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. Enter your zip code to start saving on electricity bills today!

Compare Austin Energy Rates Today! ⇩

Frequently Asked Questions

As of August 24, 2023, Rhythm offers some of the cheapest electricity rates in Austin. Remember, rates change daily, so you can always compare prices on EnergyPricing.com to find the best deals.


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.


As of August 24, 2023, the current average 12-month Fixed Rate for residential customers in Austin is $0.1512 per 1,000 kWh. Remember, rates are constantly changing, so be sure to shop around for the best rates on EnergyPricing.com.