WattFacts
October 2026 edition · data checked October 8, 2026

Texas Electricity Price Report, October 2026

What 920 electricity plans from 42 providers really cost, from Power to Choose, the state’s official marketplace. Prices are per kWh at 1,000 kWh a month, delivery included. The numbers in this edition are fixed as of October 8, 2026and won’t change; see all reports for other months.

13.4¢

Typical plan price (median of all plans).

9.5¢

Cheapest fixed-rate plan without bill-credit tricks.

8%

Of plans advertise a price that depends on bill credits.

In short

Finding 1

Texas homes pay more than a year ago

The average price Texas homes actually paid was 15.9¢ per kWh in July 2026, against 15.4¢ a year earlier: 3.4% more. The price was higher than a year earlier in each of the last 6 months. This is what customers paid on average across all plans, not the price of a plan offered today.

  • July 2026: up on a year earlier · 15.9¢ against 15.4¢3.4%
  • June 2026: up on a year earlier · 15.9¢ against 15.3¢4.5%
  • May 2026: up on a year earlier · 16.4¢ against 15.5¢5.9%
  • April 2026: up on a year earlier · 17.0¢ against 15.5¢9.5%
  • March 2026: up on a year earlier · 16.4¢ against 15.3¢7.3%
  • February 2026: up on a year earlier · 15.4¢ against 14.9¢3.6%

Change in the average residential price per kWh, Texas. Source: U.S. Energy Information Administration, Electric Power Monthly; published with a delay of about two months.

Finding 2

Many advertised prices depend on how much you use

77 plans (8%) include a bill credit that applies only above a usage threshold, usually 1,000 kWh. At 1,000 kWh they average 10.7¢, less than a fixed plan without credits (13.5¢). At 500 kWh the same plans average 20.8¢, 2.1× their 1,000 kWh price at the median and up to 3.2×. 75 of 77 cost more than the typical plan when you use 500 kWh.

  • Bill-credit plans at 500 kWh20.8¢
  • Bill-credit plans at 1,000 kWh10.7¢
  • Bill-credit plans at 2,000 kWh14.3¢
  • Fixed plans without credits at 500 kWh14.0¢
  • Fixed plans without credits at 1,000 kWh13.5¢
  • Fixed plans without credits at 2,000 kWh13.2¢

Average price per kWh. Apartments typically use 500–800 kWh a month, houses 1,000–2,000.

Finding 3

The cheapest plans are the shortest contracts

Among fixed-rate plans without credits, the median price rises with the length of the contract. When a short contract ends you move to the provider’s renewal price unless you switch again, so the low price isn’t guaranteed beyond the term.

  • 1–3 months · 84 plans10.7¢
  • 4–6 months · 61 plans12.5¢
  • 7–12 months · 286 plans13.3¢
  • 13–24 months · 173 plans14.3¢
  • 25+ months · 101 plans14.5¢

Median price per kWh by contract length, fixed-rate plans without bill credits.

Finding 4

Renewable plans cost about the same

The median fixed-rate plan with 100% renewable energy costs 13.4¢, against 13.6¢ for plans with under 50% renewable. There is no meaningful price premium for green plans.

  • 100% renewable · 179 plans13.4¢
  • Under 50% renewable · 526 plans13.6¢
Finding 5

Where you live changes the price

Plans are priced by delivery area. TNMP has the highest typical price (15.2¢) and AEP Texas Central the lowest (12.1¢), a gap of 3.1¢ per kWh, about $31 a month at 1,000 kWh.

  • AEP Texas Central · cheapest 9.5¢12.1¢
  • AEP Texas North · cheapest 9.8¢12.9¢
  • CenterPoint Energy · cheapest 10.5¢13.3¢
  • Oncor · cheapest 10.3¢13.4¢
  • Lubbock Power & Light · cheapest 11.0¢13.7¢
  • TNMP · cheapest 11.4¢15.2¢

Typical price per kWh by delivery area; the note is the cheapest fixed plan without credits. Each area’s plans today

Finding 6

Cheap doesn’t mean few complaints, and the reverse

The 8 providers with the best complaint score from the Public Utility Commission have cheapest plans from 9.8¢ (Spark Energy) to 18.0¢ (TXU Energy). 13 providers with the two lowest scores still advertise a fixed plan below the typical price.

Price against complaints

The cheapest provider is not always the best one to deal with. Each dot is a provider: higher means fewer complaints to the Public Utility Commission, further right means a higher price for its cheapest fixed-rate plan. Fewer complaints and a lower price than the middle of the market: Gexa Energy (9.6¢), Spark Energy (9.8¢), Infuse Energy (10.3¢), Constellation (10.9¢). 13 providers have the two lowest scores.

5/54/53/52/51/5
middle 11.4¢10¢12¢14¢16¢18¢

Shaded: score 4–5 and a price below the middle of the market. Click a dot to open the provider. Providers without a score yet are not shown. Source: Power to Choose, PUCT.

Finding 7

Switching can save about the price of a utility bill

At 1,000 kWh a month, the gap between the typical plan (13.4¢) and the cheapest fixed plan without tricks (9.5¢) is 3.9¢ per kWh: about $39 a month, or $462 a year. Your area and usage change this: calculate it for your ZIP code.

Data, method and how to cite