Oncor Electric Rates
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Last updated: 08/18/2023

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 Oncor Rates in 2023: Find the Best Plan for You
Who doesn’t love a good deal? Especially when it comes to electricity rates! This article is your go-to resource for finding the best Oncor Plans in 2023. We'll provide you with valuable tips on locating the cheapest electricity plans in Oncor, offer information on current and future rates, and even share some money-saving tips for your upcoming electricity bill. Ready to begin? Let's dive in!
Short Summary
- Oncor operates within a deregulated energy market, allowing customers the freedom to choose their electricity providers.
- Don't just make a quick decision- learn how to compare rates, weigh factors & shop around on EnergyPricing.com
- Learn some tips on how to lower your electric bill with energy efficiency, smart usage habits, and more.
Understanding Oncor Energy Rates
Oncor is an electric transmission and distribution company that operates within a deregulated energy market in the state of Texas. This means it's up to you to choose your electricity provider, so it's important to shop around for the best deals. Luckily, EnergyPricing.com makes this easy by allowing customers to compare Oncor rates and see which plan is the best fit for them.
When shopping Oncor electric plans, don't just look at the rate per kilowatt-hour (kWh). You should also consider factors like the length of the contract and other fees associated with the plan. We'll dive deeper into which factors you should consider later in the article.
Current Oncor Electric Rates
Various factors, including weather conditions and current energy costs, influence Oncor's electric rates. Below are the current average Oncor residential rates offered by retail electricity providers. To access the most up-to-date rates, enter your zip code.
- 12-Month Fixed Rate of $0.1458 per kWh
- 24-Month Fixed Rate of $0.1417 per kWh
- 36-Month Fixed Rate of $0.1436 per kWh
Source: This data is based on the average Oncor residential rates, per 1,000 kWh, offered by retail electric providers for fixed-rate plans as of July 27, 2023.
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Predictions for Future Oncor Electricity Rates
When selecting an Oncor electricity plan, it's essential to consider how the rates may change in the future. After all, you might not want to commit to a longer-term fixed rate if rates are currently high in the market. While we can't predict the future with certainty, we can make an educated decision by examining the energy futures market.
The Energy Future market is similar to the stock market but for energy contracts. Traders buy and sell these contracts based on their predictions of future energy prices. It's like a crystal ball for the Oncor electricity market without the actual crystal ball. Take a look at the latest chart for the energy future market in the Oncor area.

Oncor Electric Delivery Area

Oncor is Texas's largest utility company, with over 141,000 miles of distribution and transmission lines. When comparing electric rates, make sure to check if the plan applies to the Oncor service area. In a deregulated energy market, electricity rates can vary significantly depending on the electric utility. Below is a list of all major cities in the Oncor service area.
Aledo, Allen, Alvarado, Andrews, Anna, Archer City, Argyle, Arlington, Athens, Aubrey, Austin, Azle, Balch Springs, Bay City, Baytown, Bedford, Belton, Benbrook, Big Spring, Bonham, Brady, Breckenridge, Bridgeport, Brownwood, Burleson, Cameron, Canton, Carrollton, Cedar Hill, Celina, Centerville, Chandler, Cisco, Clarksville, Cleburne, Collinsville, Colorado City, Comanche, Commerce, Cooper, Coppell, Copperas Cove, Corsicana, Crockett, Crowley, Dallas, De Leon, Decatur, Denison, Denton, Desoto, Diboll, Dublin, Duncanville, Eastland, Eden, Edgewood, Elgin, Ennis, Euless, Fairfield, Farmersville, Farmers Branch, Flower Mound, Forney, Fort Stockton, Fort Worth, Frisco, Gainesville, Garland, Georgetown, Graham, Granbury, Grand Prairie, Grandview, Grapevine, Greenville, Gun Barrel City, Haltom City, Harker Heights, Haslet, Henrietta, Hewitt, Hillsboro, Hudson, Hurst, Hutto, Irving, Jacksonville, Jarrell, Justin, Kaufman, Keene, Keller, Kermit, Killeen, Lake Dallas, Lamesa, Lancaster, Lewisville, Lindale, Lufkin, Mabank, Manor, Mansfield, Mcallen, Mckinney, Melissa, Mesquite, Midland, Midlothian, Mineral Wells, Mission, Monahans, Nacogdoches, Nevada, North Richland Hills, Odessa, Palestine, Paris, Pflugerville, Pharr, Plano, Port Lavaca, Princeton, Prosper, Ranger, Red Oak, Richardson, Rockport, Rockwall, Round Rock, Rowlett, Royse City, Sachse, Saginaw, Seabrook, Sherman, Snyder, Southlake ,Springtown, Stephenville, Sweetwater, Taylor, Temple, Terrell, The Colony, Tyler, Van Alstyne, Waco, Waxahachie, Weatherford, White Settlement, Whitney, Wichita Falls, Wills Point, Woodway, and Wylie,
How to Shop for the Best Oncor Electric Plans
Now that we have covered the basics about Oncor's service area and its electricity rates, you might wonder how to shop for the best Oncor energy plans. Luckily, Energypricing.com offers a user-friendly interface that simplifies the process of comparing Oncor providers, making it as easy as 1-2-3.
Step 1: Enter Your Zip Code
This will direct you to all our available Oncor energy providers.
Step 2: Compare Electricity Plans
This is the fun part. Our easy-to-use interface allows you to compare plans from multiple Oncor providers effortlessly.
Step 3: Enroll Online
Once you find the perfect electricity 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 Choosing an Oncor Electric Provider
When shopping for electricity, it's crucial to consider various factors beyond the kWh rate. These factors can impact your overall expenses and satisfaction and should be considered when selecting an Oncor electric provider. Here are the key aspects we suggest considering when choosing a provider for your electricity needs.
- Read Customer Reviews - To understand an energy provider's customer service, check out their reviews on Google. What are other customers saying about the service they’re getting? Look for poor communication, unresponsive customer service, and billing issues.
- Company Size - It’s also worth checking how many customers a retail electric provider 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.
- How long have they been in Business? - Researching the history of an energy provider 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. An energy provider with a long history of providing reliable service is a good sign that they’re here to stay.
- Lastly, read the Contract - Don’t just quickly sign the contract and hope for the best. Read the entire agreement carefully before committing yourself to any provider. This is one area where it pays to be thorough. Look for hidden fees or penalties, cancellation clauses, and contract length. Don’t hesitate to ask questions if there is anything you’re unsure of.
Tips for Finding the Best Oncor Energy Plans
Once you have identified which electricity provider you want to do business with, it is equally important to review their plans thoroughly. Remember, not all plans are created equal, and some may have promotions that can be misleading when it comes to saving money. To help you make an informed decision, here are some valuable tips to remember when comparing energy plans.
- Look at the plan’s Electricity Facts Label - Every Oncor residential electricity plan must 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 electricity rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate electric rate comparison; look at the EFL!
- Compare plans based on your specific kWh usage range - It’s essential to compare electricity plans based on your particular kWh usage range. 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. These plans typically offer credits for staying under a specific usage threshold, so understanding your typical usage is essential for you to maximize your savings.
- 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 include monthly service fees, renewable energy surcharges, or other add-ons. It’s important to factor these fees into the equation when comparing plans.
- Consider 100% Green Plans - A 100% Green Energy Plan may be the perfect option for those prioritizing environmentally-friendly energy sources. While these plans often come at a slightly higher cost than traditional plans, many customers find the added expense worthwhile.
- Factor in Contract Length - When choosing an electricity plan, consider contract length. Fixed-rate plans range from 6 months to 4 years, while variable-rate plans may have no set period. Understand early termination fees, as switching before the contract is up can result in penalties. Longer contracts may offer lower rates, but lock customers into a set rate, potentially limiting future rate advantages.
Oncor Commercial Electric Rates
If you're looking for commercial rates in Oncor, EnergyPricing.com has the solution you've been searching for! Our advanced technology streamlines the process of comparing prices from numerous power companies. Check out the benefits of using EnergyPricing.com to shop for your next commercial electricity contract.
- Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of energy providers. Just sit back and watch the electricity bids come in!
- Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose to you how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the cheapest electric rates in Oncor.
- Expert Advice: Unsure of which plan or electricity provider to go with? No problem! You will have access to an EnergyPricing.com expert to help you throughout the entire pricing process.
Dealing with Power Outages in Oncor Service Area
Having a power outage can be a real pain. It can also be a very confusing time for Oncor customers. Many customers are unsure of who to report an outage to, i.e. your retail electricity provider or the utility, Oncor.
Just to set the record straight, Oncor is the utility company responsible for maintaining electric lines and keeping the power on. In other words, if you experience a power outage in the Oncor service area, then it’s their responsibility to fix it. Below is how to contact Oncor electric delivery if you have a power outage.
- Call: 888-313-4747
- Text: OUT to 66267
For more information, visit information Oncor's Power Outage Online Page
Tips for Lowering Your Electric Bill in Oncor
Oncor customers don’t have to pay sky-high electric bills. There are plenty of ways to reduce your electricity use and save money on your monthly bill. Here are some tips on how to lower your electric bill in the Oncor service area:
Shop for Better Rates
Lowering your electricity bill can be as easy as comparing rates from different providers. At EnergyPricing.com, we simplify the process of finding the best options by thoroughly evaluating all our suppliers and energy plans.
We are also here to help with questions you may have, and we even send you reminders for when it's time to renew. Plus, if you are a business owner needing a customized rate, our online platform directly connects you with energy providers, enabling you to relax and watch the bids as they come in.
Energy Efficiency Measures
Simple changes like replacing old light bulbs with energy-efficient LED bulbs and using power strips can help reduce energy usage. Other measures include investing in a smart thermostat to maintain temperatures and switching off electronics when not in use. All these steps allow you to save money on your electric bill while also helping the environment. And remember, don't miss out on checking Oncor's website for any energy efficiency rebates.
Smart Usage Habits
To lower your monthly bills, develop smart habits like turning off lights and electronics when not in use, sealing air leaks, and using fans instead of AC. By doing these things, you can reduce energy usage and save money!
Ready to Start Pricing? Save Today!
Are you ready to save on your next electric bill? This article has provided you with all the information you need to find the best plan for you in Oncor. You have learned about some of the factors you should consider when comparing electricity providers, and you also discovered simple techniques to lower your monthly electricity costs. Enter your zip code below and start saving today with EnergyPricing.com!
Shop Oncor Electricity Rates Today! ⇩
Frequently Asked Questions
Based on our extensive research, EnergyPricing.com predicts a decline in electric rates from their peak in 2022. This can be attributed to the substantial decrease in natural gas prices expected in 2023. Stay informed and take advantage of this favorable trend with EnergyPricing.com.
If you experience a power outage in the Oncor service area, then it’s their responsibility to fix it. To report a power outage, call 888-313-4747 or text OUT to 66267. For more information, visit Oncor's website.
If you're looking for the cheapest electricity provider in Oncor, look no further - according to our research for July 2023, Rhythm Energy overall offered the cheapest electric rates in Oncor.
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