Finding the cheapest power plan in Texas’ deregulated market requires careful consideration and comparison of various factors. The state’s competitive environment allows consumers to choose from multiple Retail Electric Providers (REPs) offering a wide array of plans, but it can also lead to confusion if you’re not aware of potential pitfalls. Here is a short checklist of what to look for:
Here are the lowest priced plans as of 02-22-2025 from some of the top providers for 12, 24 and 36 month terms:
| Provider | Lowest Priced Plan (12 Month Term / 2000 kWh) |
Lowest Priced Plan (24 Month Term / 2000 kWh) |
Lowest Priced Plan (36 Month Term / 2000 kWh) |
|---|---|---|---|
BKV Energy |
Bluebonnet Green 12
Simple Fixed Rate 15.4¢ kWh (EFL) |
Bluebonnet Green 24
Simple Fixed Rate 15.5¢ kWh (EFL) |
Bluebonnet Green 36
Full Renewable 15.3¢ kWh (EFL) |
| Direct Energy | Live Brighter 12
Base Fee* 21.5¢ kWh (EFL) |
Free Power Weekends 24 Auto Pay
Base Fee* 19.5¢ kWh (EFL) |
Autopay Texas 36
Simple Fixed Rate 17.4¢ kWh (EFL) |
| Gexa Energy | Free 3 Day Weekends 12
Base Fee* 21.4¢ kWh (EFL) |
Gexa Saver Freedom 24
Simple Fixed Rate 20.4¢ kWh (EFL) |
Gexa Saver Freedom 36
Simple Fixed Rate 20.2¢ kWh (EFL) |
| Reliant Energy | Reliant Truly Free Nights 100% Solar 12 plan
Free Nights* 20.5¢ kWh (EFL) |
Reliant Secure 24 plan with Rapid Rewards
Simple Fixed Rate 21.1¢ kWh (EFL) |
Reliant Power on 36
Simple Fixed Rate 17.9¢ kWh (EFL) |
At BKV Energy, we understand that the deregulated energy marketplace in Texas provides you, the homeowner, a wealth of options when selecting your energy provider. The process of choosing a suitable provider is complex and can take a lot of research. With the following, we’ve tried to help summarize a lot of information about Retail Electricity Providers (REPs) in Texas.
Key things to research when choosing a REP:
Use the chart below for some quick comparisons:
| Provider | # of Plans Offered | Plan Terms Offered | Avg Price Range (per 2000 KWh Plans) | Types of Plans* | Cancellation Fees? |
|---|---|---|---|---|---|
BKV Energy |
183 | 1, 12, 13, 24, 36 | 15.0¢ to 21.1¢ kWh | Simple Fixed Rate (no gimmicks) | None in the first 30 days, then $20 per remaining month |
| Ironhorse Power Services | 12 | 12 | 20.8¢ to 23.1¢ kWh | Simple Fixed Rate | Yes – $250 |
| Ambit Energy | 6 | 12 | 18.5¢ to 21.5¢ kWh | Base Fee* | Yes – $199 |
| Payless Power | 3 | 12 | 16.5¢ to 17.7¢ kWh | Simple Fixed Rate | Yes – $99 |
| Spark Energy LLC | 27 | 12 | 16.1¢ to 20.7¢ kWh | Simple Fixed Rate | Yes – $100 |
“There are a ton of ways that these electricity companies can trick people. BKV Energy was among the clearest, and easiest to digest. This is the type of company I want to do business with.”
– M.K.
“Great customer service and look forward to being a long time customer. Saved over $200 a month transferring from Reliant.”
– B.J.
“Great electric company. They are very fair and honest with their pricing. Most providers have tricky price structures that make it hard to know what your bill will be. But with BKV Energy you know exactly what you will get. Highly recommend!”
– N.T.
“Informative website, seamless sign-up, and excellent customer service. I’m thrilled we locked in such a good rate for an extended period of time. I’m looking forward to saving extra money this summer.”
– E.F.
| REP | Larger Homes (2000 kWh/mo. 12 to 36 month plans) |
Regular Homes (1000 kWh/mo. 12 to 36 month plans) |
Apartments (500 kWh/mo. 12 to 36 month plans) |
|---|---|---|---|
BKV Energy |
15.0¢ to 15.5¢ /kWh | 15.2¢ to 15.7¢ /kWh | 15.7¢ to 16.1¢ /kWh |
| Ironhorse Power Services | 20.8¢ to 21.0¢ /kWh | 21.0¢ to 21.2¢ /kWh | 21.4¢ to 21.6¢ /kWh |
| Octopus Energy | 25.5¢ to 39.0¢ /kWh | 15.4¢ to 39.7¢ /kWh | 16.1¢ to 41.2¢ /kWh |
| Green Mountain | 15.9¢ to 18.9¢ /kWh | 16.4¢ to 19.6¢ /kWh | 17.2¢ to 21.0¢ /kWh |
| TXU Energy | 15.5¢ to 18.9¢ /kWh | 15.7¢ to 19.6¢ /kWh | 17.6¢ to 21.0¢ /kWh |
| REP | Larger Homes (2000 kWh/mo. 12 to 36 month plans) |
Regular Homes (1000 kWh/mo. 12 to 36 month plans) |
Apartments (500 kWh/mo. 12 to 36 month plans) |
|---|---|---|---|
BKV Energy |
15.1¢ to 15.6¢ /kWh | 15.3¢ to 15.8¢ /kWh | 15.7¢ to 16.3¢ /kWh |
| Ironhorse Power Services | 20.8¢ to 21.1¢ /kWh | 21.0¢ to 21.3¢ /kWh | 21.5¢ to 21.7¢ /kWh |
| Octopus Energy | 18.7¢ to 32.5¢ /kWh | 19.4¢ to 33.2¢ /kWh | 15.8¢ to 34.6¢ /kWh |
| Green Mountain | 15.8¢ to 18.5¢ /kWh | 16.4¢ to 18.8¢ /kWh | 17.2¢ to 20.4¢ /kWh |
| TXU Energy | 15.5¢ to 18.9¢ /kWh | 15.7¢ to 19.6¢ /kWh | 17.6¢ to 21.0¢ /kWh |
| REP | Larger Homes (2000 kWh/mo. 12 to 36 month plans) |
Regular Homes (1000 kWh/mo. 12 to 36 month plans) |
Apartments (500 kWh/mo. 12 to 36 month plans) |
|---|---|---|---|
BKV Energy |
15.7¢ to 16.2¢ /kWh | 15.8¢ to 16.4¢ /kWh | 16.1¢ to 16.7¢ /kWh |
| Constellation Energy | 21.0¢ to 21.0¢ /kWh | 21.1¢ to 21.1¢ /kWh | 21.5¢ to 21.5¢ /kWh |
| TXU Energy | 17.6¢ to 19.0¢ /kWh | 16.2¢ to 19.7¢ /kWh | 17.5¢ to 21.0¢ /kWh |
| Green Mountain | 16.4¢ to 18.5¢ /kWh | 16.9¢ to 18.7¢ /kWh | 17.4¢ to 19.0¢ /kWh |
| Amigo Energy | 16.7¢ to 18.7¢ /kWh | 16.8¢ to 18.9¢ /kWh | 16.8¢ to 19.4¢ /kWh |
| REP | Larger Homes (2000 kWh/mo. 12 to 36 month plans) |
Regular Homes (1000 kWh/mo. 12 to 36 month plans) |
Apartments (500 kWh/mo. 12 to 36 month plans) |
|---|---|---|---|
BKV Energy |
16.8¢ to 17.9¢ /kWh | 17.0¢ to 18.1¢ /kWh | 17.3¢ to 18.4¢ /kWh |
| Constellation Energy | 22.1¢ to 22.1¢ /kWh | 22.2¢ to 22.2¢ /kWh | 22.6¢ to 22.6¢ /kWh |
| Ironhorse Power Services | 21.3¢ to 21.6¢ /kWh | 21.5¢ to 21.8¢ /kWh | 22.0¢ to 22.3¢ /kWh |
| Ambit Energy | 19.5¢ to 19.5¢ /kWh | 20.2¢ to 20.2¢ /kWh | 21.5¢ to 21.5¢ /kWh |
| 4Change Energy | 17.1¢ to 17.1¢ /kWh | 18.2¢ to 18.2¢ /kWh | 19.5¢ to 19.5¢ /kWh |
| REP | Larger Homes (2000 kWh/mo. 12 to 36 month plans) |
Regular Homes (1000 kWh/mo. 12 to 36 month plans) |
Apartments (500 kWh/mo. 12 to 36 month plans) |
|---|---|---|---|
BKV Energy |
16.3¢ to 16.9¢ /kWh | 16.7¢ to 17.3¢ /kWh | 17.5¢ to 18.0¢ /kWh |
| Ironhorse Power Services | 22.0¢ to 22.1¢ /kWh | 22.3¢ to 22.5¢ /kWh | 23.1¢ to 23.3¢ /kWh |
| Octopus Energy | 19.0¢ to 31.0¢ /kWh | 19.9¢ to 31.9¢ /kWh | 18.3¢ to 33.7¢ /kWh |
| Spark Energy LLC | 18.1¢ to 19.5¢ /kWh | 18.5¢ to 19.9¢ /kWh | 19.3¢ to 20.7¢ /kWh |
| 4Change Energy | 17.0¢ to 17.0¢ /kWh | 18.4¢ to 18.4¢ /kWh | 20.1¢ to 20.1¢ /kWh |
Texas has five primary TDSPs: Oncor, CenterPoint Energy, AEP North, AEP South, and TNMP (Texas-New Mexico Power).
A Transmission and Distribution Service Provider (TDSP) in Texas is the company responsible for maintaining the poles, wires, and other infrastructure that deliver electricity from the power plant to homes and businesses. Unlike Retail Electric Providers (REPs), which sell electricity to consumers, TDSPs handle the logistics of ensuring that electricity physically reaches your home, restoring power after outages, and managing connections or disconnections.
Each TDSP operates within specific geographic regions, so your provider is determined by where you live. While TDSP charges are standard and regulated by the Public Utility Commission of Texas (PUC), they are passed through to customers as part of the electricity bill. When choosing a REP, it’s crucial to consider both the REP’s rates and the additional TDSP charges, which can vary slightly depending on your location.
| TDSP | Coverage Cities | About Each TDSP | Outage Info |
|---|---|---|---|
| Oncor | Some of the major cities within Oncor’s service area include:
|
Oncor is the largest TDSP in Texas, covering a wide range of cities across the northern, central, and western parts of the state. In addition to the cities on the left, Oncor serves many surrounding suburban and rural areas. If you live in one of these regions, Oncor would be the TDSP managing the physical delivery of electricity to your home or business, regardless of which Retail Electric Provider you choose. | Oncor Outage Info |
| CenterPoint Energy | CenterPoint Energy serves a significant portion of Southeast Texas, primarily focusing on the Greater Houston metropolitan area and its surrounding communities. Some of the major cities in CenterPoint’s service area include:
|
CenterPoint Energy’s territory extends through much of the Gulf Coast region, encompassing many suburban and rural areas around Houston. If you live in or around these areas, CenterPoint Energy would be your TDSP, responsible for maintaining the power infrastructure and handling any outages or service requests, regardless of the Retail Electric Provider you choose. | CenterPoint Energy Outage Info |
| AEP North | The AEP Texas North TDSP, part of the AEP (American Electric Power) service area, covers a wide region in the northern and central parts of Texas. Major cities within the AEP Texas North service area include:
|
AEP Texas North primarily serves rural and smaller communities across West Texas and parts of the Panhandle region. This TDSP is responsible for maintaining the infrastructure in these areas and ensuring reliable delivery of electricity, regardless of which Retail Electric Provider you select. | AEP North Outage Info |
| AEP South | The AEP Texas South TDSP serves the southern region of Texas, covering a large part of the coastal and central areas. Major cities within the AEP Texas South service area include:
|
AEP Texas South primarily covers the Coastal Bend, Rio Grande Valley, and surrounding regions, including both urban and rural communities. It is responsible for maintaining the electric infrastructure in these areas, restoring power during outages, and ensuring safe and reliable electricity delivery. Customers living in this area can choose their Retail Electric Provider, but AEP Texas South remains the TDSP handling the transmission and distribution of electricity. | AEP South Outage Info |
| Texas-New Mexico Power | Texas-New Mexico Power (TNMP) is a smaller TDSP compared to others in Texas, but it serves several diverse regions across the state, including parts of North, Central, and Southeast Texas. Major cities within TNMP’s service area include:
|
TNMP primarily covers suburban and rural communities near the Dallas-Fort Worth metroplex, the Gulf Coast, and Central Texas. If you live in one of these regions, TNMP will handle the maintenance, service requests, and infrastructure management for delivering electricity to your home, regardless of the Retail Electric Provider you choose. | TNMP Outage Info |