TDU Delivery Rates Are Dropping! (March 2024)

Hey Texas, we’ve got great news! Your electricity is about to get a little cheaper per kWh.

Every March 1 and September 1, utility companies update their monthly and per kWh charges, which are then approved by the Public Utility Commission of Texas.

In every utility region of Texas (except Lubbock where rates remained the same) the per kWh charges decreased in the most recent rate update from March 1, 2024.

Oncor: From $0.050979 to $0.045403
Centerpoint: From $0.05377 to $0.038957
AEP Central: $0.057114 to $0.048787
AEP North: $0.053153 to $0.045254
TNMP: $0.060465 to $0.050383

DATE	ONCOR	CENTERPOINT	AEP CENTRAL	AEP NORTH	TNMP	LUBBOCK
March 1, 2024	$4.23 per month $0.045403 per kWh	$4.39 per month $0.038957 per kWh	$4.79 per month $0.048787 per kWh	$4.79 per month $0.045254 per kWh	$7.85 per month $0.050383 per kWh	$0.00 per month $0.06442 per kWh
Previous Charges	$4.23 per month $0.050979 per kWh	$4.39 per month $0.05377 per kWh	$4.79 per month $0.057114 per kWh	$4.79 per month $0.053153 per kWh	$7.85 per month $0.060465 per kWh	$0.00 per month $0.06442 per kWh

Written by Graham Lumley

Graham Lumley is the Growth Product Manager at BKV Energy, a retail electricity provider in Texas' deregulated market, where he has worked since 2023. He analyzes customer usage and billing data, helps develop BKV's fixed-rate plans, and creates tools to simplify Texas electricity shopping. He has written over 200 articles on Texas electricity rates, delivery charges, plan types, energy generation, and more to help Texans understand their bills and pay less. With over 10 years of experience in consumer products, marketing, and energy, he explains the Texas electricity market in plain language.