What is the ideal power company for your Memphis home or apartment? Does your home near Austin Elementary School or Austin School have a pool, electric car, outdoor kitchen or solar panels? Are you in a townhome or apartment near Hall County Heritage Hall, Hall County Hospital or Memphis Municipal Airport? The plan you need all depends on your usage pattern, size of home, townhome or apartment along with the desired level of control and visibility you want over your electric bill. At BKV Energy, we pride ourselves on transparency, giving you more control so you can plan your usage.
At the center of everything we do is our promise to bring fairness back to energy for Memphis homeowners. That’s why, as part of our commitment to transparency and education, we’re putting our plans on the line so you can compare BKV Energy to the most popular home energy providers in Memphis.
Plus, through our refer-a-friend program, when you refer your friends or family to BKV Energy and they join us, you each will receive a $50 bill credit!
Below, we enable you to compare BKV Energy to some of the top electricity providers in Memphis, Texas including TXU Energy, Reliant Energy, Gexa Energy, Direct Energy, Champion Energy, and Cirro Energy. BKV Energy and the other suppliers currently offer 241 different plans for you to consider, but keep in mind, with BKV Energy you get straightforward, fixed-rate energy plans with no gimmicks, and no loopholes buried in the fine print. That should simplify your choice!
Use our interactive calculator to discover how changing your behavior at home can reduce your energy spending.
Let's GoIf you’re looking for the best electric plan for your apartment, we can help you compare the top energy providers for apartments and smaller townhomes in the Memphis, Texas area.
The average size of an apartment in the US is between 400 sq. ft. (an efficiency or studio apartment) up to about 900 sq. ft. (though some apartments can be larger). These electricity plan prices are based on average monthly usage rates of 500 kWh, so keep that in mind. BKVE plans are highly competitive, so make sure to check plan details before deciding.
These apartment rate plans are based on prices for the AEP North TDU. Rates are current as of 12/20/2024 2:20:02 PM UTC for ZIP code 79245, and are sourced from actual providers. Please always validate rates directly through each provider's website, as rates may have changed since this date & time.
| Providers | Average Monthly Usage | 12-Month Fixed Rate Plans |
|---|---|---|
| BKV Energy | 500 kWh |
16.8¢
kWh
Cancellation Fee: $20 per month remaining
|
| Ironhorse Power Services | 500 kWh |
21.4¢
kWh
IronHorse Direct 12 FBE
(EFL)
Cancellation Fee: $250
|
| 4Change Energy | 500 kWh |
19.5¢
kWh
Power Savvy Saver 12
(EFL)
Cancellation Fee: $240
|
| TXU Energy | 500 kWh |
18.5¢
kWh
Simple Value 12
(EFL)
Cancellation Fee: $150
|
| Reliant Energy | 500 kWh |
18.4¢
kWh
Reliant Basic Power 12 plan
(EFL)
Cancellation Fee: $150
|
| Shell Energy | 500 kWh |
18.4¢
kWh
Shell Energy Fixed Standard Plan
(EFL)
Cancellation Fee: $149
|
| Cirro Energy | 500 kWh |
18.3¢
kWh
Smart Simple 12 Online
(EFL)
Cancellation Fee: $150
|
| Green Mountain | 500 kWh |
17.7¢
kWh
Pollution Free e-Plus 12 Choice
(EFL)
Cancellation Fee: $150
|
| Spark Energy LLC | 500 kWh |
17.7¢
kWh
Choose 12
(EFL)
Cancellation Fee: $100
|
| Just Energy | 500 kWh |
17.5¢
kWh
Basics - 12
(EFL)
Cancellation Fee: $175
|
| Amigo Energy | 500 kWh |
17.4¢
kWh
12th Month Free - 12
(EFL)
Cancellation Fee: $175
|
| Pulse Power | 500 kWh |
17.4¢
kWh
Pulse Texas Fixed
(EFL)
Cancellation Fee: $20 per month remaining
|
| Gexa Energy | 500 kWh |
17.3¢
kWh
Gexa 12
(EFL)
Cancellation Fee: $150
|
| Constellation Energy | 500 kWh |
17.2¢
kWh
12 Month (No Min Usage Fee)
(EFL)
Cancellation Fee: $150
|
| AP Gas & Electric | 500 kWh |
17¢
kWh
True Classic 12
(EFL)
Cancellation Fee: $150
|
| Champion Energy | 500 kWh |
17¢
kWh
Champ Saver-12
(EFL)
Cancellation Fee: $150
|
| Direct Energy | 500 kWh |
17¢
kWh
Autopay Texas 12
(EFL)
Cancellation Fee: $150
|
| OhmConnect Energy | 500 kWh |
16.9¢
kWh
Green Connect 12- 100% Renewable
(EFL)
Cancellation Fee: $150
|
| Chariot Energy | 500 kWh |
16.8¢
kWh
Solarize 12
(EFL)
Cancellation Fee: $15 per month remaining
|
| CleanSky Energy | 500 kWh |
16.8¢
kWh
Embrace Green 12
(EFL)
Cancellation Fee: $150
|
| TriEagle Energy | 500 kWh |
16.8¢
kWh
Simple Savings 12
(EFL)
Cancellation Fee: $20 per month remaining
|
| Ambit Energy | 500 kWh | No 12-month Option |
| Express Energy | 500 kWh | No 12-month Option |
| First Choice Power | 500 kWh | No 12-month Option |
| Mp2 Energy | 500 kWh | No 12-month Option |
| Payless Power | 500 kWh | No 12-month Option |
| Summer Energy LLC | 500 kWh | No 12-month Option |
| Tomorrow Energy Corp | 500 kWh | No 12-month Option |
| True Power | 500 kWh | No 12-month Option |
If you’re looking for the best electric plan for your mid-size home, say between 1,000 sq. ft. and 1,500 sq. ft., we’ve compiled the plans offered by top residential home energy providers in Memphis. These residential power plans show average monthly usage rates of about 1,000 kWh for a home, so consider that before choosing.
While BKVE plans are highly competitive, often the key differentiators are in the details - so make sure to click on the plan to review our plan descriptions before you choose.
These mid-size home electricity plans listed are based on rates for the AEP North TDU. Prices are current as of 12/20/2024 2:20:02 PM UTC for ZIP code 79245, and are sourced from actual providers. Please always validate rates directly through each provider's website, as rates may have changed since this date & time.
| Providers | Average Monthly Usage | 12-Month Fixed Rate Plans |
|---|---|---|
| BKV Energy | 1000 kWh |
16.5¢
kWh
Cancellation Fee: $20 per month remaining
|
| Ironhorse Power Services | 1000 kWh |
20.9¢
kWh
IronHorse Direct 12 FBE
(EFL)
Cancellation Fee: $250
|
| 4Change Energy | 1000 kWh |
18.2¢
kWh
Power Savvy Saver 12
(EFL)
Cancellation Fee: $240
|
| Cirro Energy | 1000 kWh |
17.5¢
kWh
Smart Simple 12 Online
(EFL)
Cancellation Fee: $150
|
| Direct Energy | 1000 kWh |
17.5¢
kWh
Live Brighter Lite 12
(EFL)
Cancellation Fee: $150
|
| Spark Energy LLC | 1000 kWh |
17.4¢
kWh
Choose 12
(EFL)
Cancellation Fee: $100
|
| Amigo Energy | 1000 kWh |
17.3¢
kWh
Simple Choice - 12
(EFL)
Cancellation Fee: $175
|
| TriEagle Energy | 1000 kWh |
17.3¢
kWh
Simple Green 12
(EFL)
Cancellation Fee: $20 per month remaining
|
| TXU Energy | 1000 kWh |
17.2¢
kWh
Simple Value 12
(EFL)
Cancellation Fee: $150
|
| Just Energy | 1000 kWh |
17.1¢
kWh
Weekends Free Plan - 12
(EFL)
Cancellation Fee: $175
|
| Reliant Energy | 1000 kWh |
17.1¢
kWh
Reliant Secure Advantage 12 plan
(EFL)
Cancellation Fee: $150
|
| Gexa Energy | 1000 kWh |
17¢
kWh
Gexa 12
(EFL)
Cancellation Fee: $150
|
| Constellation Energy | 1000 kWh |
16.9¢
kWh
12 Month (No Min Usage Fee)
(EFL)
Cancellation Fee: $150
|
| Green Mountain | 1000 kWh |
16.9¢
kWh
Pollution Free e-Plus 12 Choice
(EFL)
Cancellation Fee: $150
|
| AP Gas & Electric | 1000 kWh |
16.7¢
kWh
True Classic 12
(EFL)
Cancellation Fee: $150
|
| Champion Energy | 1000 kWh |
16.7¢
kWh
Champ Saver-12
(EFL)
Cancellation Fee: $150
|
| Pulse Power | 1000 kWh |
16.6¢
kWh
Pulse Texas Fixed
(EFL)
Cancellation Fee: $20 per month remaining
|
| Chariot Energy | 1000 kWh |
16.5¢
kWh
Solarize 12
(EFL)
Cancellation Fee: $15 per month remaining
|
| CleanSky Energy | 1000 kWh |
16.5¢
kWh
Embrace Green 12
(EFL)
Cancellation Fee: $150
|
| OhmConnect Energy | 1000 kWh |
16.5¢
kWh
Green Connect 12- 100% Renewable
(EFL)
Cancellation Fee: $150
|
| Ambit Energy | 1000 kWh | No 12-month Option |
| Express Energy | 1000 kWh | No 12-month Option |
| First Choice Power | 1000 kWh | No 12-month Option |
| Mp2 Energy | 1000 kWh | No 12-month Option |
| Payless Power | 1000 kWh | No 12-month Option |
| Summer Energy LLC | 1000 kWh | No 12-month Option |
| Tomorrow Energy Corp | 1000 kWh | No 12-month Option |
| True Power | 1000 kWh | No 12-month Option |
If you’re looking for the best electric plan for your mansion, estate or larger home, say 2,500 sq. ft. and above, review these rate plans for bigger houses from the top residential energy providers in Memphis. The average monthly usage rate used for these plans is 2,000 kWh, so if your home is larger make sure to account for that.
BKV Energy aims to be highly competitive in providing power for Memphis homes that often have multiple power consuming amenities, like spas, pools, electric car chargers, outdoor kitchens and more. Check out our plan details, or give us a call at 1-855-BKV-4PWR (855-258-4797) and we’ll answer all your questions!
The larger home residential electricity plans are based on rates for the AEP North TDU. Prices are current as of 12/20/2024 2:20:02 PM UTC for ZIP code 79245, and are sourced from actual providers. Please always validate rates directly through each provider's website, as rates may have changed since this date & time.
| Providers | Average Monthly Usage | 12-Month Fixed Rate Plans |
|---|---|---|
| BKV Energy | 2000 kWh |
16.3¢
kWh
Cancellation Fee: $20 per month remaining
|
| Ironhorse Power Services | 2000 kWh |
20.7¢
kWh
IronHorse Direct 12 FBE
(EFL)
Cancellation Fee: $250
|
| Spark Energy LLC | 2000 kWh |
17.2¢
kWh
Choose 12
(EFL)
Cancellation Fee: $100
|
| 4Change Energy | 2000 kWh |
17.1¢
kWh
Power Savvy Saver 12
(EFL)
Cancellation Fee: $240
|
| TriEagle Energy | 2000 kWh |
17¢
kWh
Simple Green 12
(EFL)
Cancellation Fee: $20 per month remaining
|
| Amigo Energy | 2000 kWh |
16.9¢
kWh
Simple Choice - 12
(EFL)
Cancellation Fee: $175
|
| Reliant Energy | 2000 kWh |
16.9¢
kWh
Reliant Secure Advantage 12 plan
(EFL)
Cancellation Fee: $150
|
| Constellation Energy | 2000 kWh |
16.8¢
kWh
12 Month (No Min Usage Fee)
(EFL)
Cancellation Fee: $150
|
| Direct Energy | 2000 kWh |
16.8¢
kWh
Direct Solar Unlimited 12
(EFL)
Cancellation Fee: $150
|
| Just Energy | 2000 kWh |
16.8¢
kWh
Simple Choice - 12
(EFL)
Cancellation Fee: $175
|
| AP Gas & Electric | 2000 kWh |
16.5¢
kWh
True Classic 12
(EFL)
Cancellation Fee: $150
|
| Champion Energy | 2000 kWh |
16.5¢
kWh
Champ Saver-12
(EFL)
Cancellation Fee: $150
|
| Cirro Energy | 2000 kWh |
16.5¢
kWh
Smart Lock Saver 12
(EFL)
Cancellation Fee: $150
|
| TXU Energy | 2000 kWh |
16.5¢
kWh
Simple Value 12
(EFL)
Cancellation Fee: $150
|
| Chariot Energy | 2000 kWh |
16.4¢
kWh
Solarize 12
(EFL)
Cancellation Fee: $15 per month remaining
|
| Gexa Energy | 2000 kWh |
16.4¢
kWh
Gexa Light Saver 12
(EFL)
Cancellation Fee: $150
|
| Green Mountain | 2000 kWh |
16.4¢
kWh
Pollution Free e-Plus 12 Choice
(EFL)
Cancellation Fee: $150
|
| OhmConnect Energy | 2000 kWh |
16.4¢
kWh
Green Connect 12- 100% Renewable
(EFL)
Cancellation Fee: $150
|
| CleanSky Energy | 2000 kWh |
16.3¢
kWh
Embrace Green 12
(EFL)
Cancellation Fee: $150
|
| Ambit Energy | 2000 kWh | No 12-month Option |
| Express Energy | 2000 kWh | No 12-month Option |
| First Choice Power | 2000 kWh | No 12-month Option |
| Mp2 Energy | 2000 kWh | No 12-month Option |
| Payless Power | 2000 kWh | No 12-month Option |
| Summer Energy LLC | 2000 kWh | No 12-month Option |
| Tomorrow Energy Corp | 2000 kWh | No 12-month Option |
| True Power | 2000 kWh | No 12-month Option |
| Quanah | 18.2¢ |
| Childress | 18.2¢ |
| Paducah | 18.2¢ |
| Shamrock | 18.2¢ |
| Quanah | 17.5¢ |
| Childress | 17.5¢ |
| Paducah | 17.5¢ |
| Shamrock | 17.5¢ |
| Quanah | 17.1¢ |
| Childress | 17.1¢ |
| Paducah | 17.1¢ |
| Shamrock | 17.1¢ |
The above prices are the average rates of all provider plans for the cities nearby to Memphis. Memphis is located in Hall County, which is part of the AEP Texas North TDSP (Transmission/Distribution Service Provider) - one of 5 major pricing zones built into the Texas power grid. All cities similarly located within the AEP Texas North TDSP (also called a TDU) will have the same base pass-through rate from the TDU plus some regional utility provider cost differences, and then electricity providers add their energy charges and service fees.
Depending on the ownership of the grid in your area (even if you live in the same city) you might see differences in prices due to a variety of factors. Electricity providers in Memphis may sometimes have different base energy charges in different cities, even cities nearby Memphis like Childress, Shamrock, and Paducah due to the cost of regional promotions.
Cities sometimes have a patchwork of TDPs, electricity co-ops, and municipality-owned providers. Memphis area includes cities in the AEP Texas North TDU. Depending on how your neighborhood was developed, you may have a different provider than your neighbor.
Finally, TDU pass-through charges can vary regionally due to energy resiliency initiatives or even whether your city utilizes alternative energy sources, such as natural gas, for heating.
One of the lowest cost electricity companies in Memphis is BKV Energy, with “no gimmicks” plans like the Bluebonnet Green 36 starting at 16.0¢ per kWh.
According to PowertoChoose.org, the best rated providers among BKVE's competitors with the fewest customer service complaints in the last 6 months include: Champion Energy (5 stars), Reliant Energy (5 stars), TXU Energy (5 stars) and Direct Energy (4 stars). (Updated 11/30/24)
Based on PowertoChoose.org customer service ratings as of 11/30/24, the worst rated among BKVE's competitors in terms of customer service include: Just Energy (2 stars), Rhythm Energy (2 stars), Gexa Energy (3 stars), TriEagle Energy (3 stars) and Direct Energy (4 stars).
The average cost per kWh for Memphis is 17.7¢ based on averaging 69 12-month plans for a moderate sized home (2,000 kWh / month usage) from 20 Memphis electricity providers.
The average electric bill for an apartment in Memphis is $93.32 per month based on 76 plans from 22 providers offering 12-month plans priced for using about 500 kWh per month.
BKVE offers the Bluebonnet 36 plan for apartments for around $82.50/mo for a 500 sq. ft. (likely 1 bedroom) space. Other providers like Cirro, Champion and Reliant also offer plans ranging from $84.09 to $108.87 per month on average.
The average electric bill for a residential home in Memphis is around $180.33 per month. This is based on 70 plans from 21 providers offering 12-month plans priced for using about 1,000 kWh per month.
The average electric bill for a bigger home in Memphis is about $354.68 per month. This is based on 69 plans from 20 providers offering 12-month plans priced for using about 2,000 kWh per month.
Memphis providers offer multiple plan terms including 6-month, 10-month, 12-month, 24-month and 36-month. Typically, the longer term the plan, the lower the kWh cost because providers are averaging the fluctuations in cost caused by seasonal or situational changes over time. It’s good for customers because you can lock in your rate for longer.
Choosing a fixed-rate plan for a residential power customer in Memphis, Texas can offer several benefits, including:
Overall, a fixed-rate plan can be a smart choice for residential power customers in Memphis, Texas who want to manage their energy costs and avoid any unexpected price increases from factors that are out of your control.
When choosing a fixed-rate electricity provider for your residential home or apartment in Memphis there are several important factors to consider:
With BKVE electricity plans in Memphis, what you see is what you get: an easy-to-understand energy charge, no matter the time of day you use the energy or the amount used. Some companies offer plans that seem enticing or “innovative” at first, but often come with a catch, with the costs of the promotions rolled into higher rates for their customers or loopholes that end up costing customers far more than they would have paid on a traditional fixed-rate plan. Interested in learning how promotional rate plans could be costing you money?
Read our guide on common rate plan gimmicks to avoid for more information.
We power people all over Texas, including areas like Memphis and more. We know Memphis like it’s our own home town.
Maybe you live in the same ZIP code as Austin Elementary School, Austin School, Morningside School, or even went to school at some of these fine institutions.
Even to homes near popular Memphis hotels like Travelodge Inn Memphis Tx, or just down the street from local churches like Mount Pleasant Baptist Church, New Mount Zion Baptist Church, Sacred Heart Catholic Church, we've got you covered.
Memphis is part of the AEP Texas North TDU (Transmission & Delivery Utilities) - the folks who maintain the grid and power infrastructure for Memphis and other ZIP codes in your area.
| Area | ZIP Code(s) Serviced |
|---|---|
| Memphis | 79245 |