Electricity Companies and Plans in Cypress, TX

Written by Taylor Freitas/

Edited by Aviva Tenenbaum

Last updated April 15, 2025

Shop for rates from Cypress’s top electricity providers.

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Key Points

  • Like most Texas cities, Cypress has a deregulated energy market.
  • If you live or own a business here, you can select your electricity company and plan.
  • You’ll find a variety of electricity plans on SaveOnEnergy, including fixed-rate and variable-rate options.

Today’s Cypress electricity rates

Choosing your power in Cypress

In Cypress (and other deregulated parts of Texas), you have the power to choose your electricity company, instead of defaulting to a plan from your area’s utility company. Energy deregulation also lets you shop around to find the best electricity rates from top-rated providers. To discover today’s best electricity plans in Cypress, enter your ZIP code on this page.

SaveOnEnergy is not affiliated with Power to Choose, powertochoose.org, or the PUCT

Average residential rate in Cypress, TX

The average residential electricity rate in Cypress on our marketplace is 13.8 cents per kilowatt-hour (kWh), based on the typical household usage of 1000 kWh per month. This is about 5.79% cheaper than Texas’ average energy costs.

If you’re ready to find cheap rates near you, simply submit your ZIP code on SaveOnEnergy’s marketplace.

Cheapest residential rate in Cypress, TX

Currently, the cheapest residential electricity rate in Cypress is 11.2 cents per kWh. This rate is available with plans from multiple providers, including Frontier UtilitiesFrontier Saver Plus 12 plan, Gexa Energy’s Eco Saver Plus 12 plan, and 4Change Energy’s Maxx Saver Select 12 plan. Other cheap energy companies in Cypress include:

Top Cypress electricity companies

With SaveOnEnergy, it’s easy to find a reliable light company in Cypress. Our marketplace features plans from many popular Cypress electricity providers, including Reliant Energy, TXU Energy, and TriEagle Energy

CenterPoint Energy: Cypress’s utility company

While you’re free to buy electricity from whichever provider you’d like, you don’t have a choice in your utility company, which is determined by your address. Your utility is responsible for delivering energy to your home, restoring power during outages, and maintaining local electrical infrastructure. As a Cypress resident, your utility company is CenterPoint Energy.

If your power goes out in Cypress, you must notify your utility, not your electricity company. To report an outage to CenterPoint, you can:

Types of plans in Cypress

While you shop, you’ll find several kinds of electricity plans in Cypress. Not sure which one is right for your home? Read through our guide to picking a plan, or call the phone number on your screen to chat with an energy expert. Here’s a brief overview of the different types of plans you’ll encounter:

Fixed-rate plans

If you choose a fixed-rate plan, you’ll enter into a contract, which typically lasts 12 to 36 months. During that time, your electricity rate won’t change, so you won’t have to worry about price hikes in the energy market. The trade-off is that you’ll likely owe an early termination fee (ETF) if you cancel your plan or change providers before the contract is up.

Variable-rate plans

A variable-rate plan doesn’t have a contract or set electricity rate. Instead, your rate is tied to the wholesale price of energy — so it can rise and fall depending on demand. While these plans are less predictable than fixed-rate plans, they don’t have ETFs, so you can switch or terminate your plan at any point with no penalty.

No-deposit plans

Most energy companies in Cypress have credit score standards for new customers. If your score isn’t high enough, you’ll usually have to pay a deposit. However, you can avoid this requirement by opting for a no-deposit plan. One example is a prepaid plan, which lets you pay for your electricity before you use it and top up your account when it gets low.

Green electricity

Green energy plans are easy to find in Cypress, thanks to Texas’ significant focus on generating power from renewable sources like solar and wind. All Texas electricity plans include some amount of renewable energy, with some providers exclusively selling 100% green plans. You can find each plan’s renewable content in its Electricity Facts Label (EFL). If you’re interested in going green in Cypress, look for plans from renewable providers like Gexa Energy and Green Mountain Energy.

Business energy plans

Looking for a commercial energy plan in Cypress? Like residents, business customers can also use SaveOnEnergy to find competitive commercial electricity rates. To start building your customized energy plan, fill out our business energy form or call the number on your screen to speak with an energy expert.

How to find the best electricity rates in Cypress

Cypress electricity rates fluctuate throughout the year due to demand, weather conditions, and other factors. To make sure you’re getting the best prices, you can use SaveOnEnergy’s marketplace to compare electric rates in Cypress before signing up for a new plan. Here’s how:

  • Submit your ZIP code: We’ll give you a list of up-to-date energy rates and plans in your area, which you can filter to find options that fit your budget, needs, and preferences.
  • Sign up: Once you’ve chosen a plan, you can sign up through our marketplace in just minutes. If you’d prefer to sign up over the phone, you can reach an expert at the number on your screen.
  • Enjoy: After you’ve signed up, your power company will handle the rest. Now, you can sit back and enjoy your new plan.

Moving or switching to a new provider?

If you’re ready for a new electricity plan in Cypress, SaveOnEnergy is here to help. Whether you’re moving to the city or are a long-time local, here’s how to use our marketplace to secure a great rate.

Moving to a new address

Already have an energy plan in Texas? If you’re happy with your current service, you can ask your provider to transfer your plan to your new address in Cypress. To start the process, contact your electricity company a few weeks before your move.

However, if you’re coming from another state or your provider doesn’t serve Cypress, you can enter your ZIP code on this page to discover plans in your area.

Switching energy providers

Even if you already live in Cypress, you can use SaveOnEnergy to sign up for a new plan. Perhaps you’re looking for a cheaper rate, or maybe you want to switch to a different type of plan. Either way, you can explore your options on our marketplace. Keep in mind, though, that you’ll likely be charged an ETF if you switch from a fixed-rate plan before the contract expires.

Frequently asked questions about Cypress energy

  • Frontier Utilities, Gexa Energy, and 4Change energy currently offer the cheapest rates on our marketplace, but prices change often. To check the most up-to-date Cypress electricity rates, submit your ZIP code on this page.

  • The best plan will depend on your particular needs. If you’re interested in green energy, take a look at Gexa Energy. If you want the lowest rates, Frontier Utilities might be for you. If you need a prepaid plan, consider Payless Power. Whether you’re searching for green energy plans, no-deposit options, or cheap electricity in Cypress, you can find whatever you’re looking for on our marketplace.

  • First, type in your ZIP code on this page. Then, navigate to the features filter and select the “green energy” option.

  • You can use our power consumption guide to estimate your energy usage. Alternatively, you can check your recent electricity bills to see how much power you’ve used in past months.

  • Energy usage is typically at its highest in summer and winter, when temperatures are at their most extreme, and people are relying heavily on their heating and cooling systems. During these periods of high demand, electricity rates tend to increase as well. If you’re looking for the most affordable energy plan, we recommend shopping during off-peak seasons, like spring and fall.

Ready to shop for an energy plan? Let’s get you taken care of. Call: 1 (855) 209-8145

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