Waco Electricity Rates

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Available Electric Companies in Waco TX

  1. 9 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1272
    per kWh
    At 1000 kWh
    $0.1315
    PER kWh
    At 500 kWh
    $0.1251
    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:

    Power your home from deep in the heart of Texas Gruene 18 . Rangler Rewards Included . 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 . Rangler Rewards Included . . Giddy Up Guaranteed!

  4. 16 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1408
    per kWh
    At 1000 kWh
    $0.1450
    PER kWh
    At 500 kWh
    $0.1387
    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!

  5. 24 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: 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 . Rangler Rewards Included . Giddy Up Guaranteed!

  6. 12 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: 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 . Rangler Rewards Included . Giddy Up Guaranteed!

  7. 12 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1460
    per kWh
    At 1000 kWh
    $0.1550
    PER kWh
    At 500 kWh
    $0.1410
    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:

    Power your home with renewable energy straight from Texas wind and solar farms . 100% Renewable Energy . Rangler Rewards Included . Giddy Up Guaranteed!

  8. 24 months Fixed
    Utility: Oncor (TX) View Plan Details
    $0.1467
    per kWh
    At 1000 kWh
    $0.1509
    PER kWh
    At 500 kWh
    $0.1446
    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
    $0.1470
    per kWh
    At 1000 kWh
    $0.1513
    PER kWh
    At 500 kWh
    $0.1449
    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
    $0.1519
    per kWh
    At 1000 kWh
    $0.1562
    PER kWh
    At 500 kWh
    $0.1498
    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:

    Our flexible 100% green month to month plan lets you change your plan at any time with no penalty . Renewable energy straight from Texas wind and solar farms . Rangler Rewards Included . Giddy Up Guaranteed!

Last updated: August 25, 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 Waco Electric Company in 2023

If you're looking to manage your energy costs better and think you may be paying too much for electricity in Waco, look no further! Our comprehensive guide helps to compare electricity rates and providers to help you find the most wallet-friendly energy solution. Make the smart choice and power your home or business.



Short Summary

  • Waco'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 Waco's Deregulated Energy Market

Residents of Waco TX have the freedom to choose their electricity provider, but with this deregulated energy market comes the responsibility of researching and comparing rates, plans, and providers to get the best deal.

To effectively explore electricity rates in Waco, you'll need to keep the rate, contract length, and any extra fees in mind. Are you ready to learn more about Waco's electricity rates? Let's get started!



Current Waco Electricity Rates

Many factors, like weather conditions, energy demand, regulatory factors, and competition among electricity providers, affect electric rates in Waco. Below are the current average Waco 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 25, 2023.

Compare Electric Companies in Waco TX Today! ⇩

Future Waco Electricity Rates

Are you interested in learning about future electricity prices in Waco? While it's impossible to predict with certainty, we can provide an estimated guess based on our analysis of the energy market.

The Energy Future functions like the stock market. Traders buy and sell energy contracts based on their predictions of future energy prices, giving insights into the electricity market in Waco, TX. Check out the newest energy future market chart for this region below.

ERCOT Historical Electricity Prices in Waco

Comparing Waco Electricity Providers

When comparing Waco electricity providers, 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 Waco energy providers as easy as one, two, three.



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

Step 2: Compare Rates and Waco Electricity Providers
This is the fun part. Our easy-to-use interface allows you to compare all the electricity companies in Waco 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 Electric Companies in Waco TX

If you find the numerous options available while comparing electricity companies in Waco frustrating, don't worry! EnergyPricing.com can help you out. When comparing providers, consider the following factors for best results.



  1. Price - First and foremost, price is crucial when comparing Waco energy providers. 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 Waco Electric Company

Finding the top Waco Electric Company requires a great deal of effort. However, we can depend on the U.S. Energy Information Administration's report that ranks providers by the number of customers they serve. This list identifies the most popular energy companies in Waco.

    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 a resident of Waco, TX, it's important not to assume that the energy providers mentioned above are your only options. Some of the best deals historically come from new suppliers willing to undercut established players. Luckily, EnergyPricing.com has done the homework and only works with reputable electricity providers.

Types of Electricity Plans in Waco TX

If you're in Waco and searching for the best energy plan, but are unsure which one to pick, we have got you covered. Below is a list of the most commonly offered plan types, along with their benefits, to assist you in making 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 Waco TX

If you're trying to cut down on your monthly electricity costs in Waco TX, don't fret. These tips will assist you in finding the best electricity plan in no time.


  1. Look at the plan's Electricity Facts Label:In Waco 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 Waco TX

Lower your electricity bill in Waco by considering a new electricity provider, investing in energy-efficient equipment, and being mindful of your energy usage habits. Knowing more about providers and rates can help you 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

Reduce your electricity bill by investing in energy-efficient appliances like LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. Also, 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

Apart from investing in energy efficiency measures, smart usage habits can also aid in reducing your electricity bills. Uncomplicated actions, such as turning off lights and electronics when not in use, sealing air leaks, and using fans instead of air conditioning can all contribute to lowering your energy consumption and cutting down your monthly bills.

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

If you're planning to move to Waco, TX, keep in mind that it's part of a deregulated electricity market. This gives you the freedom to compare and select from various energy providers and plans to get the most competitive rates.

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


Local Electric Utility Company in Waco

Oncor, the Waco electric company, plays a crucial role in delivering power from plants to homes and businesses, while also maintaining the infrastructure. It's vital to remember that during power outages, contacting Oncor is more effective than reaching out to your Retail Electricity Provider.


Oncor Electric Rates in Waco

Locate your ESID number

Every meter in Waco has a unique identifier known as an Electric Service identifier (ESI ID) number. This number is required by energy companies to set up your service. If you don't have your ESID number, you can contact your local utility company or use our ESID address lookup tool when signing up on our website.



Electricity Providers in Waco

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

Compare Waco Electricity Rates Today! ⇩

Commercial Electric Rates in Waco, Texas

Waco business owners, are you exhausted from the hassle of pricing your business electricity accounts? EnergyPricing.com is the perfect solution! Say goodbye to time-consuming phone calls and face-to-face meetings for good.

EnergyPricing.com is a hassle-free platform that enables you to receive quotes from multiple electric companies in Waco TX. Our proprietary technology lets you get instant quotes from your computer or smartphone without any trouble. 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 electric companies in Waco TX. 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!

Throughout our thrilling journey, we gained knowledge of Waco's electric rates. We talked about the deregulated energy market, shared advice for comparing energy companies, and explored ways to save money on electricity bills.

Get ready to take charge of your electricity usage in Waco! Compare rates now and find the perfect plan for your home or business. Enter your zip code to start saving money on electricity bills today!

Compare Waco Electricity Rates Today! ⇩

Frequently Asked Questions

As of August 25, 2023, Rhythm offers some of the cheapest electricity rates in Waco. 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 25, 2023, the current average 12-month Fixed Rate for residential customers in Waco 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.