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Written by Sean Jackson /
Edited by Hannah Whatley/
Last updated January 7, 2025
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Residents and businesses in Odessa have access to deregulated electricity. Living in a deregulated energy market means electricity providers compete for your business, giving you more selection to meet your energy needs and budget.
SaveOnEnergy can help you every step of the way. We offer our free, unaffiliated marketplace to help you find the best electric companies in Odessa, TX, by entering your ZIP code.
Living in a deregulated electricity market, you may often hear the term “power to choose.” This phrase refers to the ability to select their energy provider, plan, and rate. Odessa customers have the freedom to choose from a range of quality energy companies to find the option that works best for their home or business.
SaveOnEnergy.com is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
In Odessa, electricity rates are structured based on usage in kilowatt-hours (kWh). For residential consumers, the average purchase price at each usage level is as follows:
Energy prices can rise and fall throughout the year due to factors like energy demand and weather patterns. In this chart (created using Energy Information Administration [EIA] data), you’ll notice how rates may vary depending on the seasons. You can use this information to decide the best time to choose a competitive energy plan in Odessa.
Electricity rates in Odessa can fluctuate often. However, SaveOnEnergy provides the information you need to locate great rates whenever you search. If you’re looking for affordable electricity rates, our marketplace will help you navigate the deregulated energy market. Here’s how to find your new plan with SaveOnEnergy:
Most areas in Texas are part of a deregulated energy market, in which several energy providers offer competitive electricity rates to customers. Utility companies transfer and distribute electricity to your home or business. Utilities are responsible for maintaining the local power grid and responding to power outages.
If you’re experiencing a power outage in Odessa, you need to contact your utility company. In Odessa, that company is Oncor Electric Delivery.
If you want to get the best choice of electricity plans, you should ensure that you’re searching for plans relevant to your local area. Energy providers often offer different rates in different cities, so narrowing your search by ZIP code ensures that you can compare accurate electricity rates for your location.
Like the rest of Texas, temperatures in Odessa vary significantly throughout the year. In the summer months, temperatures often reach the mid-90s. During the winter, they can drop close to 30.
More people use air conditioning to keep their homes cool during the hot months, pushing up energy demand. When energy demand is high, rates tend to go up. If you shop for a new plan when demand is lower, you could find cheap electric companies in Odessa.
Odessa residents can choose from several types of electricity plans, including fixed-rate, variable-rate, no-deposit, and green energy plans. Our guide to picking a plan explains the benefits of each plan type. We’ve outlined some of the most important points to keep in mind here, as well. If you’d like to know more, call the phone number on your screen to talk with a SaveOnEnergy expert.
A fixed-rate energy plan secures the same rate for your energy usage for the length of the contract. These plans are popular for people who prefer to have a predictable energy bill throughout the year. You can get fixed-rate plans of varying lengths, usually 12, 24, or 36 months. One drawback to fixed-rate plans is that you could have to pay an early termination fee (ETF) if you want to switch providers before the contract expires.
A variable-rate plan means that your energy rate will change in line with market demand. When demand is lower, you may pay less than the price on a fixed-rate contract. But when demand rises, your electricity bill could be higher than it would be on a fixed-rate plan. You do not have to sign a contract under a variable-rate plan, so you can switch to another provider at any time without incurring an ETF.
A no-deposit plan is great if you don’t want to make a deposit before starting your new service. One way to do this is by opting for a prepaid energy plan. These plans require you to make an up-front payment towards your energy costs and top-up your balance when it gets low. It works similarly to how prepaid credit cards or phone plans do.
Texas is among the country’s largest producers of wind and solar energy. As a result, you have a great choice of green energy plans to explore. All energy plans in Texas contain some green energy, but you can limit your search to plans offering 100% clean energy if you wish. Two popular 100% green providers are Gexa Energy and Green Mountain Energy.
Are you an Odessa business owner who wants to choose a new electricity plan? The SaveOnEnergy team can assist you in creating an ideal electricity plan to support your business. Feel free to reach out through our commercial energy page to learn more.
Our energy calculator can tell you how much electricity you’re using on average. Based on your information, we’ll give you an estimate of your monthly usage. This information is useful when you’re searching for plans, since some deals include limits on energy usage.
Switching to an affordable provider in Odessa is easy.
Gexa Energy, Frontier Utilities, and Flagship Power all currently offer the cheapest electricity rate in Odessa. Be sure to check the SaveOnEnergy marketplace for cheap Texas energy rates, as prices often vary.
The first thing to do is enter your ZIP code and browse plans for your local area. Then, select the green energy option from the filter menu. You’ll receive a list of the green energy options available.
You can reduce your energy usage by unplugging devices when you’re not using them or purchasing energy-efficient appliances. Alternatively, you could consider switching energy providers to secure a lower electricity rate. If you’re on a variable-rate plan, you could try concentrating most of your energy usage during periods of low demand.
The right Odessa energy plan for you will depend on your energy needs. Factors to consider when searching for the best energy provider include the rates they offer, their plan types, and customer reviews. Your location and energy usage will also play an important role in your decision.
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