Compare Waco Electricity Rates and Find the Best Company in 2024

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.

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!

Comparing Waco Electricity Providers

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

Compare Electric Rates in Waco in just 3 Easy Steps:

  1. Click the Get Started Button: This will direct you to all our available electricity providers in your area.
  2. Compare Rates and Providers: Our easy-to-use interface allows you to compare all the providers and plans effortlessly.
  3. Enroll Online: Once you find the perfect plan, you can enroll online in less than 2 minutes.

Would you like to see how it works in real-time? Watch the video below to learn how to shop online with

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Shopping Electric Companies in Waco TX

When shopping for electricity providers in Waco, there are a few important factors to consider. These include:

  1. Price: Be sure to compare different rates and plans from each provider to find the best options for your needs and budget.
  2. Read Customer Reviews:  Many customers will post reviews of their experience with each provider. This can be a great way to get an idea of the customer service and reliability of each company.
  3. Company Size: Consider the number of customers a company has. It can indicate their size and stability. A larger customer base means more resources to meet customer demands.
  4. Company History: Researching a company's history can help you gauge its reliability. A company with a long history of reliable service is a positive sign of its longevity.
  5. Read the Contract: Read the entire agreement carefully before committing yourself to any provider. Look for hidden fees or penalties, cancellation clauses, and contract length.

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

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.

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 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.

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. Check the plan's Electricity Facts Label (EFL): Every residential electricity plan in Texas must have an EFL. It's like a nutrition label for electricity plans. The EFL provides important details such as the average electricity rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate electric rates comparison. Look at the EFL!
  2. Look up your kWh Usage. To compare plans effectively, consider your specific kWh usage. For example, if you use about 500 kWh per month, focus on plans tailored to your needs. This is especially important for promotional plans that offer credits for staying under a usage threshold.
  3. Note any additional fees: Besides the electricity rate, consider other costs, monthly service fees, cancellation fees, and 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 prioritizing environmentally-friendly energy sources.
  5. Contract Length: Most electric providers offer plans from one month to three years. You may be able to save money with a longer-term plan, but make sure you understand the cancellation fees before committing yourself to any provider.

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.

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, 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.

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.

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.

Retail Electricity Providers in Waco

The Waco 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!

Commercial Electric Rates in Waco, Texas

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

  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. Transparent Pricing: At, we believe in being 100% transparent with our pricing and will disclose how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the rates in the market.
  3. Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.

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. Click the Get Started Button to start saving money on electricity bills today!

Girl holding a laptop and saying easily comparing rates, click hereGirl holding a laptop and saying easily comparing rates, click here