Compare the Best Energy Companies in Texas

Written by Luke Daugherty /

Edited by Jamie Cesanek

Last updated 10/01/2024

Explore rates and plans from top Texas electric companies.

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Top-rated Texas electric companies

Choosing the best energy company in Texas can be challenging, with over 100 electricity options available in the Lone Star State. Whether you are searching for the lowest rates or the most reliable customer service, SaveOnEnergy can help you find the best energy company for you.

We review energy companies in Texas based on customer service, online accessibility, and plan option variety. TXU Energy and TriEagle Energy are the highest-rated companies on our site due to their reputation for high-quality customer service and wide variety of plans.

The following table displays the top five best energy companies in Texas with their ratings, standout features, and lowest rate plan options. The low-rate plan and monthly bill estimate are based on options available in Houston. Enter your ZIP code to compare energy plans and accurate Texas electricity rates for your home.

Best Texas electricity providers

ProviderSaveOnEnergy
Rating
Best for…Best Low-Rate PlanMonthly bill
estimate
TriEagle Energy 4.9Bill credit reward programsReal Deal 36$137
TXU Energy4.8Overall experienceSmart Edge 12$159
Gexa Energy4.6100% green energy plansGexa Eco Saver Plus 12$112
Frontier Utilities 4.5Variety of plan optionsFrontier Saver Plus 24$112
Rhythm Energy4.4100% renewable plansClear Choice 12$164

*Due to testing limitations, our team does not have firsthand experience with every electricity company. However, the facts and reviews featured on SaveOnEnergy.com are from proprietary data and extensive research by our in-house team. We are confident our reviews and recommendations for our valued readers are supported by accurate information and analysis from these sources.

How to choose the best Texas electricity provider

Before you compare energy companies in Texas, it’s important to nail down your preferences. Consider factors to narrow your choices, such as low rates, flexible plans, or green energy options. Here’s what our top five Texas electricity companies are best known for.

  • TriEagle Energy: Best for bill credit reward programs. Many TriEagle plans include a $50 bill credit when you use at least 1,000 kWh a month.
  • TXU Energy: Best for overall experience. TXU Energy is our highest-rated energy company, known for its excellent customer service and extensive plan options.
  • Gexa Energy: Best for a 100% green energy plan. Many plans offer a bill credit for usage over 1,000 kWh.
  • Frontier Utilities: Best for offering a variety of plan options with bill credits geared toward different usage levels.
  • Rhythm Energy: Best for a 100% renewable energy plan to support sustainability efforts.

To find plans from some of the best electricity companies in Texas, you can search for rates on our free marketplace and sign up in a few simple steps:

  1. Enter your ZIP code. Search and compare electricity plans from Texas energy companies in your area on our marketplace.
  2. Compare rates and providers. Use the sort and filter features to narrow options based on your preferences and budget.
  3. Sign up instantly. Enroll in your new energy plan online or call our team for assistance.

Best Texas energy companies for apartments

Top Texas electric companies like TXU Energy, TriEagle Energy, and Gexa Energy offer attractive energy plan options for apartments. All three companies provide a 60-day satisfaction guarantee, allowing you to cancel service within 60 days of enrollment without fees if you are unhappy with your plan.

When choosing an apartment energy plan, consider your lease length and typical energy consumption. For example, if you have high energy usage, you might choose a plan with benefits like a bill credit for using more than 1,000 kWh. Or, if your lease is for one year, consider a 12-month fixed-rate plan.

  • TXU Energy: High-quality customer service, fixed-rate and variable-rate plans to fit your lease contract, and options with bill credits for 800+ kWh usage or cash back.
  • TriEagle Energy: Offers many bill credit reward programs and long-term contracts for up to three years. Receive a $50 bill credit for over 1,000 kWh of usage for Real Deal plans.
  • Gexa Energy: 100% renewable energy options with low rates. Depending on the plan, receive a $100–$125 bill credit for 1,000+ kWh usage per month.

Top business energy companies in Texas

Commercial electricity rates differ from residential rates because businesses consume significantly more electricity. As a result, business energy prices per kWh are typically lower. Plus, businesses like property management companies, churches, and auto shops have unique energy usage patterns. Most business energy plans are customized to suit your company’s specific electricity needs.

SaveOnEnergy can help you find commercial plans from top business energy companies in Texas, such as TXU Energy and Ambit Energy. Our experts will help ensure you receive reliable and cost-effective energy solutions. Call the number on your screen to connect with our business energy team and learn more about your options. Once connected, you’ll have a direct line to our team for ongoing support.

What is deregulated energy?

Energy deregulation in Texas offers you the power to choose an electricity provider in a competitive market. Unlike regulated states, where a single utility company sets the price, residents and businesses in deregulated areas can compare energy companies to find the best fit for their needs. Choosing your energy provider and picking a plan tailored to your home’s usage can help you save money on energy bills. By entering your ZIP code on SaveOnEnergy, you can compare electricity plans and rates to find cost-effective options for your home or business.

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

Energy provider vs. utility company

Electricity providers and utility companies have different roles in a deregulated energy market. While you can choose your Texas electricity company, your utility is based on location. The energy company, also known as a retail electric provider (REP), sells electricity plans directly to consumers and businesses. Providers offer plans with different rates, benefits, contract lengths, and other features.

A utility company, meanwhile, is responsible for delivering power to your home or business and maintaining electrical infrastructure. During a power outage, your utility company will restore power. Be sure to contact the local utility if your electricity goes out.

Different types of energy plans

The following table details popular plan types from Texas energy companies found on the SaveOnEnergy marketplace.

Plan typeBest forDetailsAdvantagesDisadvantages
Fixed-ratePredictable energy billsPay the same rate for the length of your contractCan lock in low rates during spring and fallEnding your contract early may result in fees
Variable-rateCustomers who need flexibilityYour rate changes based on energy market demandDo not require a contract; you can switch at any timeRisk paying expensive rates during high-demand
No-deposit or prepaidCustomers with a tight budget or low credit scorePay for electricity in advance and add more funds when neededDo not require a contractMay have higher rates than other options.

Switching Texas electric companies

If you are moving in Texas or you’re unsatisfied with your current energy plan, you can access plenty of options to fit your changing needs and budget. SaveOnEnergy allows you to compare rates, sign up, and seamlessly switch your electricity service. Here are some important factors to consider when switching providers.

  • Review your Electricity Facts Label (EFL): The EFL provides details about your plan, including rates, contract terms, and any early termination fees (ETFs). Determine the terms and cost of ending your contract early.
  • Plan ahead: You can set your new service start date up to 90 days in advance. You may secure lower rates if you schedule your switch to a new Texas electricity company during the spring or fall.
  • Inform your current provider: Let your current provider know you are moving or canceling service to ensure a smooth transition.

Frequently asked questions

  • The cheapest electricity rates from Texas energy companies vary based on your location, plan type, time of year, and more. Providers like 4Change, Gexa Energy, and Express Energy tend to offer some of the lowest rates. Enter your ZIP code for the most accurate electricity rates in your area.

  • Texas deregulated its electricity market to introduce more competition and offer consumers an opportunity to save on energy rates. Deregulation is also designed to spur companies toward innovation in a competitive market.

  • If you’re not happy with your energy company in Texas, you can switch services anytime. However, you may have to pay an early termination fee if you cancel a fixed-rate plan before your contract expires.

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

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