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Key Points
- As a Wichita Falls resident or business owner, you have the power to choose your energy provider.
- You can choose between fixed rates, variable rates, and no-deposit plans.
- SaveOnEnergy can help you narrow down the energy options in your area. You can filter results by specific features and explore rates from low to high.
Your power to choose electricity in Wichita Falls
A deregulated energy market means you have the power to choose your electric company in Wichita Falls. This system gives energy customers an advantage since providers compete for your business by offering affordable electric rates and many different plans.
SaveOnEnergy.com is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
Average residential rate in Wichita Falls, TX
In Wichita Falls, 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:
- 21.3 cents for 500 kWh.
- 14 cents for 1000 kWh.
- 16.4 cents for 2000 kWh.
Cheapest residential rate in Wichita Falls, TX
The cheapest rates in the Wichita Falls area are currently 10.3 cents per kWh, offered by several electric companies, including Gexa Energy, Frontier Utilities, and 4Change Energy. You may also qualify for perks like lower energy prices if you consume between 1,000–2,000 kWh per month.
Other cheap energy providers include:
However, the cheapest options may not always be the right fit for your individual needs and priorities, so it’s best to compare all the different types of plans in your area.
Best Wichita Falls electricity providers
In Wichita Falls’ deregulated market, energy providers sell electricity plans to their customers while managing your account and billing. Some of the top electric companies featured on the SaveOnEnergy marketplace include:
Enter your ZIP code on this page to compare electricity plans in Wichita Falls.
Oncor Electric Delivery: Wichita Falls’s utility company
Unlike energy companies in Wichita Falls, your utility company delivers electricity to your home, handles downed power lines, repairs electricity infrastructure, and responds to power outages.
Oncor Electric Delivery is the utility servicing Wichita Falls residents. If you encounter a power outage, contact Oncor, not your energy provider, to report the problem. You can report a power outage or downed power line in one of the following ways:
- Using Oncor’s online portal
- Calling 1-888-313-4747
- Texting OUT to 66267
How to find the best electricity rates in Wichita Falls
Texas energy rates fluctuate throughout the year, but SaveOnEnergy can help you get the cheapest prices. When you visit our marketplace, we’ll help you find a plan that meets your needs. Here’s how to get started:
- Browse cheap energy plans: Enter your ZIP code on this page, and you’ll find a list of energy plans available in your area. You can sort by price and plan type, or you can use our filters to narrow your search based on your priorities.
- Sign up in minutes: Once you choose your energy plan, you can sign up online in minutes. You can also call the number on your screen if you have additional questions for our energy experts.
- Enjoy your savings: Once you sign up, your new provider will coordinate with your utility company and handle the setup. You can just sit back and enjoy your new energy plan.
Moving or switching providers in Wichita Falls
Whether you’re new to the area and shopping for a new electric company in Wichita Falls or you’re interested in switching providers, SaveOnEnergy simplifies the process so you can do everything in one place. Entering your existing or new ZIP code and filtering your results by your preferences is a fast way to compare plans from top energy providers in your area to pick the best energy plan.
Moving to a new address
If you’re moving to the Wichita Falls area, you’ll need to either have your existing provider transfer services to your new address or switch providers entirely. Give your provider a heads-up before you move so that they can make the transition a smooth process. If your provider doesn’t service your new location, then you can use our marketplace to find top-rated electric providers who do.
Switching energy providers
If you want to save money on your energy bills or are unsatisfied with your current Wichita Falls electricity plan, you may want to switch energy plans using the SaveOnEnergy marketplace. However, if you switch plans before your current contract ends, you may have to pay an early termination fee (ETF).
Types of plans in Wichita Falls
When you sign up for your Wichita Falls energy plan, you’ll be able to choose from a variety of plan types, including fixed-rate, variable-rate, no-deposit, and prepaid plans.
Fixed-rate plans in Wichita Falls
A fixed-rate energy plan has a contract that typically ranges from 12 to 36 months. Your energy rate remains stable throughout your contract and doesn’t fluctuate with the energy market, so you aren’t vulnerable to price hikes. On the other hand, your bill won’t go down when energy prices are low, and you’ll likely pay an ETF if you end your contract early.
Variable-rate plans in Wichita Falls
A variable-rate energy plan doesn’t require you to enter a contract, but it also doesn’t lock in your rate. Instead, your monthly energy rate is based on the current wholesale energy market. When prices are high, your energy bill will increase, and you’ll likely save money on your electricity bill when prices go down. You can also switch plans at any time with no penalty.
No-deposit plans in Wichita Falls
Many energy providers require an initial deposit before you begin service with them. If you’d rather avoid this fee, a prepaid or no-deposit plan could be the right option for you. These plans require you to pay for electricity upfront, and your provider will notify you when your balance runs low so you can top up your account.
Green electricity in Wichita Falls
Texas is the country’s number one producer of electricity from wind power and the second biggest producer of solar energy. As a result, Wichita Falls residents have an easy time finding affordable green energy plans.
Every energy plan in Texas contains a portion of renewable energy. Your plan’s Electricity Facts Label (EFL) identifies what percentage comes from renewable sources. Most providers include some green energy in their plans. Other providers, including Gexa Energy and Green Mountain Energy, sell plans powered by 100% green energy.
Business energy plans in Wichita Falls
Deregulation in Texas also means that business owners can shop around for electricity. If you own a Wichita Falls business, you can choose your own energy provider to save money and find a plan that best fits your needs. To get started, fill out our business energy form or call the number on your screen to speak with one of our energy experts about building your custom commercial energy plan.
Learn more about how deregulated energy works
SaveOnEnergy’s tips for easy electricity service setup
- Don’t forget to read your plan’s Electricity Facts Label before signing up. It contains important information including:
- Price per kilowatt-hour based on usage
- % renewable energy sourcing
- Early termination fees
- Enjoy hassle-free supplier setup. Once your order has been confirmed, your new supplier will set up service with your utility, or transmission and distribution service provider (TDSP) – but don’t worry, there shouldn’t be any interruption to your power during the switch.
- Understanding your electricity bill. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees can be found as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.
Wichita Falls energy FAQs
Currently, 4Change Energy, Frontier Utilities, and Gexa Energy have the cheapest electricity in Wichita Falls with prices starting at 10.3 cents per kWh, but prices can range as high as 22 cents per kWh depending on the energy plan you choose. Energy prices change frequently, so enter your ZIP code today for accurate prices.
SaveOnEnergy includes plenty of affordable green energy plans. To get started, enter your ZIP code, then use the filter tool to compare green energy plans near you.
With so many providers to choose from, it can be difficult to find the right plan for you. The SaveOnEnergy marketplace makes it easier to choose a provider by showing you all the rates available so you can easily compare electric rates in Wichita Falls all in one place.
There are several ways to lower your utility bill, including switching to energy-efficient appliances, reducing your energy usage, investing in double-pane windows, and insulating your attic. But the easiest way to reduce your energy bill in the long term is to switch to a cheaper electricity plan. For more tips and tricks, check out our guide to reducing your energy bill.
Weather plays a role in energy demand, which in turn affects energy prices and usage. That’s why electric rates tend to be cheaper in the spring and fall in Wichita Falls, which is when energy demand is at its lowest. Meanwhile, high heat or extreme cold cause homeowners and businesses to use more energy, which results in higher energy bills.