REDUCE YOUR RATE™ PRICE DROP PROGRAM
Cheaper electricity rates without switching plans
- A benefit of our Bluebonnet plan
- When market prices drop, we can offer a lower rate
- Accept the offer and lock in a lower rate
- 3,800+ Reduce Your Rate offers extended so far
4.5
1,000+ Reviews

Reduce Your Rate offer history
| Month | Offers Extended | Avg. Cent Decrease | Highest Cent Decrease | Lowest Cent Decrease |
|---|---|---|---|---|
| DEC 2025 | 723 | 0.60¢ | 2.67¢ | 0.2¢ |
| OCT 2025 | 866 | 0.54¢ | 2.56¢ | 0.01¢ |
| SEP 2025 | 883 | 0.46¢ | 3.8¢ | 0.02¢ |
| AUG 2025 | 832 | 1.4¢ | 3.7¢ | 0.03¢ |
| DEC 2024 | 559 | 1.5¢ | 3.5¢ | 0.05¢ |
How Reduce Your Rate works
We monitor the market
We track changes to wholesale electricity prices compared to the time when you originally signed up with BKV Energy.
Rates drop, we notify you
If market prices drop, we offer you the chance to cancel your current plan and switch to a cheaper rate for free.
Start saving!
Simply confirm that you’d like to switch to the cheaper electricity plans and we’ll handle the rest. You enjoy more affordable power.
MONITORING THE WHOLESALE ELECTRICITY MARKET
Always looking to help you save more money
Electricity prices are always changing due to fluctuations in market conditions. Our system analyzes these price updates and compares them to your current contract to find opportunities to help you save.


REDUCE YOUR RATE
Reap the benefits of a lower rate for longer
The Reduce Your Rate program allows you to take advantage of our affordable, simple fixed rates for longer, helping to extend your savings even further.
Unlimited Refer a Friend Rewards
Earn $50 off your electricity bill for each friend you refer to BKV Energy.
Reduce Your Rate FAQs
What is Reduce Your Rate?
Reduce Your Rate is a program offered to customers enrolled in Bluebonnet plans or Bluebonnet Green plans, or customers subscribed to the BKV Energy Plus add-on. This program monitors changes to electricity prices on the wholesale market. If rates drop below what they were when you originally signed up for your plan, we give you the opportunity to cancel your current contract at no cost and sign a new contract at the lower rate.
Who is eligible for Reduce Your Rate?
The eligibility requirements for the Reduce Your Rate program are:
- Must be enrolled in a Bluebonnet or Bluebonnet Green plan, OR a Daisy, Verbena, or Lantana plan with the BKV Energy Plus monthly add-on
- You are eligible to receive Reduce Your Rate opportunities after the first three months of your contract are completed
- You must not have a past due balance on your account to be eligible for Reduce Your Rate
How do you utilize Reduce Your Rate?
Our customer support team will reach out when the opportunity for a Reduce Your Rate contract upgrade arises. There’s no need to lift a finger, we’ll get in touch with you.
How often do Reduce Your Rate opportunities occur?
We run the numbers for Reduce Your Rate once per month. If the market has changed in such a way that by extending you a Reduce Your Rate offer we can both lower your rate and maintain positive revenue on your account, we will extend you a Reduce Your Rate offer.
In a perfect world where wholesale market electricity prices decline continuously, we could hypothetically offer you a lower price on a monthly basis. This is, however, incredibly unlikely because that’s unfortunately not how the wholesale electricity market works.
Wholesale electricity prices fluctuate due to a number of factors, including weather, natural gas prices, politics, and more. As such, we cannot guarantee how many Reduce Your Rate offers you will receive, if any. A realistic estimate may be 1-2 Reduce Your Rate offers every 12 months.
Trusted by thousands of Texans
Our customers appreciate our fair prices, ultra-transparency, and uncomplicated plans.
I have had outstanding personalized customer service
from this company at a time when I am moving and there is typically a lot of need for comfort and reliability. I am grateful for their way of doing business.
Michelle M.
With BKV Energy you know exactly what you will get
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!
Nigel T.
Great service.
They went above and beyond to help with my sign up and their rates are transparent.
Brandt K.
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