Odessa, Texas electricity plans

Fixed-rate plans with no gimmicks AND NO hidden fees

BKV Energy was voted the Best Electricity Provider in Odessa in the Odessa American Best of the Permian Basin awards in 2026. We’re proud to have been voted the best energy company in the Permian Basin by this supportive community.

4.6

1,300+ Reviews

Shop Odessa, TX electricity rates and plans

See how BKV Energy’s cheap energy plans compare to our competitors.

Odessa’s utility company: Oncor

Odessa is a deregulated city, so residents have the power to choose their electricity provider, but transmission and delivery are managed by Oncor.

If you experience an outage, contact Oncor to report the incident and find more information.

• Call: 888-313-4747
• Text: “OUT” to 66267
• Web: https://www.oncor.com/outages/create_outage/identify

There are two main charge categories on your bill: energy charge and delivery charges. Energy charge is what you pay to your electricity provider, such as BKV Energy. Delivery charges are paid to your regional utility, Oncor, for managing the power lines and repairing outages.

Current Oncor delivery charges are $4.06/month and 6.0295¢/kWh.

Types of electricity plans in Odessa

While you’re looking for an electricity plan in Odessa, you will find several plan types. Here’s what you need to know:

• Fixed rates: Lock in your energy charge for the duration of the contract, even when market prices increase or decrease. Fixed-rates offer stability and predictability, but if you decide to cancel early you may be required to pay an early termination fee (ETF).
• Variable rates: Month-to-month plans with no contract, and the rate is subject to change each month. They offer increased flexibility because you can cancel whenever without penalty, but they do not offer protection from price volatility.
• Time-of-use: Time-of-use plans offer varying rates based on the time of day or day of week. Free nights and free weekends are common examples. We consider these plans marketing gimmicks because the rate when power is not “free” is very, very expensive.
• Bill credit: Bill credit plans offer money back when you use the “right” amount of power. Use the wrong amount, and your bill will be very expensive compared to a regular fixed-rate plan.

At BKV Energy, we recommend going with a simple fixed-rate plan without time-of-use or bill credit gimmicks.

Our flagship plan, Bluebonnet, comes with the choice of term length between 12, 24, and 36 months (we often offer even more term lengths than those three). The Bluebonnet plan has no base charges and no minimum usage fees. Choose between 29% or 100% renewable energy.

100% green electricity plans in Odessa

Looking for a renewable plan? Get 100% green energy with BKV Energy’s Bluebonnet Green plan. With fixed-rate prices, flexible contract terms of 12, 24, or 36 months, and a commitment to 100% renewable energy sourced from Texas solar and wind farms, you get both stability and sustainability.

How switching to BKV Energy in Odessa can save you more

BKV Energy isn’t just about powering homes in Odessa—it’s about delivering real value. Customers benefit from tenure-based loyalty rewards, adaptable payment plans, and real-time energy updates, ensuring smarter and more affordable electricity. Get the transparency and savings you deserve with BKV Energy.

Reduce Your Rate
Lower your rate mid-contract

ElectroShare
Loyalty payout each November

VoltPoints
The chance to win huge prizes

$50 Referral Bonuses
Unlimited earnings potential

Save Now, Pay Later
Emergency bill pay flexibility

Contract Consultation
Help finding a great renewal

How Odessa’s weather can impact your electricity rates and bills

Odessa’s Permian Basin location means long, intense summers where temperatures regularly exceed 100°F and air conditioning runs around the clock. That sustained demand is a major driver of higher electricity rates during peak months. Winter cold fronts can catch residents off guard, too, pushing heating costs up when temperatures drop below freezing.

A fixed-rate plan takes Odessa’s extreme weather out of the equation. Your per-kWh rate stays locked in whether it’s a July heatwave or a February freeze, so your energy charge doesn’t spike just because the weather does.

Key insights you should have before making the move to Odessa

• Odessa, located in West Texas, offers a unique lifestyle centered around the oil industry, and the economy is heavily influenced by the energy sector, with job opportunities in oil, gas, and related industries.
• The city provides affordable housing options, with a variety of properties ranging from single-family homes to larger rural estates. The cost of living is moderate, but housing prices can fluctuate depending on the energy market.
• While the city offers essential services, healthcare options and entertainment may require travel to larger cities.

What to expect when living in Odessa

Odessa, Texas, like neighboring Midland, is a major energy city in the Permian Basin. Known for its oil economy, Odessa also features a strong labor market, major medical centers, and educational institutions such as the University of Texas Permian Basin. The city’s population of 120,000 supports a high-demand housing market and an economy built on extraction, logistics, and construction. Community events and attractions like the Odessa Meteor Crater reflect the region’s unique geology and culture.

How BKV Energy gives back to communities around Texas

Building a brighter Texas: BKV Energy’s community engagement and philanthropy.

BKV Energy partners with the Houston Botanic Garden to support its mission of fostering environmental education and community engagement. As part of its investment in the Garden, BKV Energy contributed to initiatives that enhance public access, support local programming, and create opportunities for Houstonians to connect with nature. This partnership reflects BKV Energy’s broader commitment to sustainability and community enrichment, ensuring that green spaces like the Houston Botanic Garden continue to thrive as educational and recreational resources for future generations.

BKV Energy partners with the Texas Land Conservancy (TLC) to enhance public access to the 145-acre Malone Preserve in Rio Vista, Texas. This collaboration aims to fund infrastructure improvements and new projects, enriching visitor experiences through amenities like trails, picnic areas, and educational programs. 

Avoid these common electricity plan traps in Odessa

Electricity providers in Odessa use complex plans that can drive up costs. Discounted rates at certain hours, bill credits, or wholesale pricing often come with hidden fees or penalties. Deviating from strict usage targets can result in higher bills. To avoid surprises, consumers should opt for fixed-rate plans with clear pricing.

Communities we service near Odessa

Explore electricity plans by zip code in Odessa

Shop electricity plans in counties around Odessa