Find the Best Electricity Plan in Waco (September 2026)

Living in Waco means you have the power to choose your energy provider—and that freedom can lead to real savings. Whether you’re settling into a new home or just ready for a better rate, Waco’s competitive energy market gives you plenty of options.

At Shop Texas Electricity, we’ve made it easy to compare electricity plans without the hassle. With just your ZIP code, you can instantly see the latest rates from top providers in Waco. No confusing terms. No hidden fees. Just clear, reliable pricing from companies you can trust.

We work only with well-established energy providers that meet our standards for transparency, affordability, and customer satisfaction. Every plan you see on our platform is vetted to ensure you get dependable service—without overpaying.

Start comparing today and find a plan that truly fits your budget and lifestyle.

Our experts selected this month’s top energy plans on our marketplace to help narrow down your search. Explore our preferred options:

As of September 2026, the best electricity rates in Waco are around 14.35 ¢/kWh (excluding time of use plans), though we feature many cheaper plans on our marketplace.

No gimmicks, no tricks: just a simple fixed energy rate that stays the same no matter the time of day or season of the year. Transparency in your energy bill – its about time.

REP Logo	Provider	Plan Names	1000 kWh	Renewable	EFL Link	Sign up now
	Atlantex Power	Luminous	13.1¢	23%	EFL	Get this plan
	CHARIOT ENERGY	Solarize 12	13.2¢	100%	EFL	Get this plan
	APGE Energy	True Classic 12	13.3¢	0%	EFL	Get this plan
	Energy Texas	Come & Take It 12	13.3¢	0%	EFL	Get this plan
	Atlantex Power	Luminous Green	13.6¢	100%	EFL	Get this plan
	BKV Energy	Verbena 12	13.7¢	29%	EFL	Get this plan
	BKV Energy	Verbena Green 12	13.9¢	100%	EFL	Get this plan
	Frontier Utilities	Frontier Budget Saver 12	13.9¢	30%	EFL	Get this plan
	Discount Power	Essential Saver 12	14.1¢	12%	EFL	Get this plan
	Cirro Energy	Simple Advantage 12	14.1¢	12%	EFL	Get this plan

Please note: All rates above are accurate as of 09/16/2026, 2:34:42 PM CST for the Oncor TDSP. Rates may have changed since this date/time. For the most up-to-date rates in your area, please enter your ZIP code above.
*Average pricing shown in cents per kWh.

Save some green while going green. Looking for a cost effective way to charge your EV while making Texas’ electrical grid more robust at the same time? If you can shift your energy to off-peak hours, these time-of-use plans can save you some serious money.

REP Logo	Provider	Plan Names	1000 kWh	Renewable	EFL Link	Sign up now
	RHYTHM	PowerShift Payback 12	13.1¢	0%	EFL	Get this plan
	RHYTHM	PowerShift EV 12	13.8¢	0%	EFL	Get this plan
	CHARIOT ENERGY	Free Nights 12	14.0¢	100%	EFL	Get this plan
	CHARIOT ENERGY	Free Days 12	14.2¢	100%	EFL	Get this plan
	Frontier Utilities	Frontier Free Weekends Preferred 12	18.1¢	30%	EFL	Get this plan
	Gexa Energy	Free 3 Day Weekends Preferred 12	19.3¢	100%	EFL	Get this plan

Please note: All rates above are accurate as of 09/16/2026, 2:34:42 PM CST for the Oncor TDSP. Rates may have changed since this date/time. For the most up-to-date rates in your area, please enter your ZIP code above.
*Average pricing shown in cents per kWh.

Looking for a hassle-free way to get power today? Choose a no-contract, no-deposit electricity plan in Waco from Payless Power.

REP Logo	Provider	Plan Names	1000 kWh	Credit (1000 kWh)	Renewable	EFL Link	Sign up now
	Payless Power	12 MONTH - PREPAID	18.7¢	$0.00	2,390%	EFL	Get this plan

Please note: All rates above are accurate as of 09/16/2026, 2:34:43 PM CST for the Oncor TDSP. Rates may have changed since this date/time. For the most up-to-date rates in your area, please enter your ZIP code above.
*Average pricing shown in cents per kWh.

Why should you choose a prepaid no-deposit plan?

Fast, On-Demand Power

• Same-day activation — on within minutes if enrolled before 5PM

• Quick reconnects after payment, sometimes in minutes

Flexible, Easy Payments

• Pay online, by phone, or set up auto-pay

• MoneyGram accepted for convenient cash payments

Support That Works With You

• Bilingual customer service you can actually reach

• A helpful team that works to meet your needs

Trusted by Texas Customers

• 4.7★ on Google (21,000+ reviews)

• 4.6★ on Birdeye (22,000+ reviews)

Your actual rate in Waco could be lower or higher depending on your ZIP code, usage habits, and the plan you choose.

The good news? You’re in a deregulated energy market, which means you have the power to choose.

Instead of sticking with a default provider, you can shop around and compare electricity plans side by side. Some options in Waco offer rates up to 25–30% lower than the state average, depending on current market conditions. That’s real savings on your monthly bill.

At Shop Texas Electricity, we’ve done the legwork for you. We partner only with reliable, top-rated providers serving Waco—so you can browse with confidence and pick a plan that fits your lifestyle and budget.

No guesswork
No sales pressure
Just simple, honest comparisons

Ready to see what’s available in your neighborhood?
Enter your Waco ZIP code now to explore plans, compare rates, and lock in the lowest electricity prices near you.

 
  
  
 
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The best electricity companies in Waco really depend on your usage, budget, and whether or not you’re interested in renewable energy options or not. That’s why, at Shop Texas Electricity, we make the decision easier for you by providing you with a selection tailored to your budget, history, and needs! Here are some of the providers we recommend using because of their reliability and flexibility:

4Change Energy
Known for low rates and a big heart, 4Change Energy donates a portion of profits to Texas charities while offering affordable electricity plans.

Gexa Energy
Gexa Energy specializes in 100% green energy plans that are both eco-friendly and competitively priced, perfect for conscious consumers.

Frontier Utilities
With flexible options like free weekends and solar plans, Frontier Utilities makes it easy to find a plan that fits your lifestyle and budget.

Express Energy
Express Energy keeps things simple with low-cost, no-frills electricity plans ideal for price-savvy Texans who want to save without the hassle.

Reliant Energy
A household name in Texas, Reliant offers innovative plans like free nights or weekends and top-rated customer support across the state.

BKV Energy

Supports renewable energy with at least 29% and offers a simple fixed-rate plan with a prorated early termination fee that drops by $20 per month over your contract.

Since 2002, Texas has given cities like Waco the power to choose their own electricity providers. Instead of relying on a single company, Waco homes and businesses can now explore a wide range of energy plans tailored to different needs and budgets. This open market encourages competition, which means better rates, more plan options, and improved customer service.

In Waco, your power infrastructure, including poles and wires, is maintained by Oncor, the Transmission and Distribution Utility (TDU). But when it comes to buying electricity, you shop through Retail Electric Providers (REPs). These REPs compete to offer the best rates, flexible plans, and even green energy options, giving you the chance to find the deal that fits your needs.

At Shop Texas Electricity, we’re here to make that choice easy. Want predictable monthly bills? A fixed-rate plan is your best friend. Prefer to support clean energy? We’ve got green options too. Need flexibility? Check out short-term contracts. Whatever your goal, we help you compare plans side by side.

If you’re living in Waco and want to reduce your carbon footprint, but solar panels aren’t an option for you, don’t worry—green energy is now more accessible than ever before!

• Renewable Energy Credits (RECs): Many retail electricity providers (REPs) in the area purchase RECs on your behalf, making sure your power comes from clean, renewable sources like wind or solar—without you needing to install anything on your property.
• 100% Renewable Plans: A number of providers offer 100% renewable energy plans, meaning you can power your home sustainably while helping to protect the environment.
• Benefits of Green Energy: By choosing renewable energy, you’ll help reduce pollution, stabilize long-term energy costs, and support the growth of Texas’s booming wind and solar industries.

With Shop Texas Electricity, you can easily filter for green energy plans, ensuring you find an affordable, sustainable option for your home while keeping your electricity bill manageable. Plus, if you’re in Waco area, your regional utility is Oncor, so you’ll be supporting clean energy while staying connected to reliable service.

Choosing the right electricity plan in Waco doesn’t have to be confusing. Whether you’re new in town or just looking to switch providers, understanding your options can make a big difference in what you pay—and how predictable your bills are. Here’s a simple rundown to help you decide:

Fixed-Rate Plans:
Like consistency? Fixed-rate plans might be your best bet. Your rate per kilowatt-hour (kWh) stays the same throughout the contract—usually 12, 24, or 36 months. That means no surprises, even if energy prices rise. Just remember: if you cancel early (unless you’re moving), there may be a fee.

Variable-Rate Plans:
Prefer more flexibility? A variable-rate plan lets your electricity rate change month to month based on the market. Rates might dip during mild weather when demand is low—but they can also spike in the middle of a hot Texas summer. There’s no long-term contract, so you can switch providers when it suits you.

Prepaid and No-Deposit Plans:
Don’t want to deal with deposits or credit checks? Prepaid electricity could be the way to go. You simply pay as you go, refilling your balance as needed. It’s a solid choice for those who want control without a long-term commitment.

Time-of-Use (TOU) Plans:
Timing matters with TOU plans. Your rate changes depending on when you use electricity—typically higher during peak hours (like 4 to 9 p.m.) and cheaper late at night or on weekends. If you can shift your usage to off-peak times, you could see real savings.

 
  
  
 
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When choosing an electricity plan in Waco, you have a few options that cater to different needs. Here’s a breakdown:

• Short-Term Plans (3-9 months): These offer flexibility if you’re not ready to commit long-term. However, they often come with higher rates.
• Long-Term Plans (12-36 months): These plans lock in your rate for a longer period, protecting you from unpredictable market changes.
• Month-to-Month (No Contract): Perfect for anyone who needs flexibility. With no long-term commitment, you can switch anytime without facing early termination fees.

Prepaid electricity is a great choice if you’re looking to avoid deposits or long-term commitments. It works by paying for power upfront. Here’s why it’s worth considering:

• Ideal for Renters and Temporary Residents: If you’re here for a short time or renting, prepaid plans let you avoid long-term obligations.
• For Those with Low Credit Scores: If credit checks are a concern, prepaid plans offer a hassle-free option without deposits.
• Same-Day Activation, No Paperwork: Prepaid plans let you get power up and running quickly, with minimal paperwork involved.

Ready to lower your electric bill in Waco? With Shop Texas Electricity, making the switch is simple, fast, and completely hassle-free. Here’s how it works:

Start With Your ZIP Code
Just type in your Waco ZIP code and instantly view plans available in your neighborhood. You’ll see rates from trusted electricity providers, and you can narrow your choices based on things like contract length, rate type (fixed or variable), green energy options, and more.

Compare the Details That Matter
Every plan comes with an Electricity Facts Label (EFL)—your go-to guide for important info like the average price per kilowatt-hour (kWh), any fees, and the length of the contract. It’s like the nutrition label for your electricity plan—only way easier to read!

Make the Switch—We’ve Got Your Back
Once you find the perfect match, we’ll take care of the switch from start to finish. There’s no disruption to your service and no paperwork headaches. Your new provider will handle the transition smoothly—your lights stay on, your bills go down.

At Shop Texas Electricity, we make finding and switching to a better electricity plan in Waco as easy as flipping a light switch. No guesswork. No stress. Just simple savings.

In 2025, electricity rates may see some positive shifts, with forecasts suggesting a stable outlook, particularly with the expected reserve margins in ERCOT (Electric Reliability Council of Texas). However, external factors such as weather events, market volatility, and regulatory concerns can still cause fluctuations. For Texas residents looking to lock in rates and avoid uncertainty, securing a 2- to 3-year electricity contract now can offer long-term protection against potential price increases in 2025.

Electricity prices in Texas have surged by 20% over the past five years, a trend driven by several factors. The state’s rapidly growing population, regulatory changes, extreme weather conditions, and the aging power grid infrastructure all contribute to the rising costs. As demand for power increases, especially during extreme heat or cold, the pressure on the grid can cause electricity prices to spike, reflecting the state’s struggle to meet growing energy needs.

Looking to score the best electricity deal in Waco? Timing is everything. In general, spring and fall—especially April, May, and October—are great months to shop around. Why? Because the weather is milder, and fewer people are cranking up their ACs or heaters, which keeps demand (and prices) lower.

Now, let’s talk about the more expensive seasons. Summer months like July and August are known for intense heat across Central Texas, and that pushes electricity usage—and rates—way up. Likewise, winter can bring a spike in demand too, especially during cold snaps between November and February.

So, if you want to avoid paying premium prices, try shopping for a new electricity plan during those off-peak months. Not only is it easier to compare plans, but you’re also more likely to lock in a lower fixed rate before demand surges again.

Looking ahead in 2025, long-term electricity contracts are still expected to provide the best value in Waco. While short-term contracts can occasionally offer competitive rates, particularly with unique terms (like 8, 11, or 14-month plans), the overall trend points toward more savings with longer commitments.

Currently, wholesale electricity prices for 2025 are trading at a more favorable rate compared to 2024, with prices for 2026 power expected to remain lower as well. This means that signing up for a 24- or 36-month plan could secure you a better rate than a 12-month contract, giving you long-term savings while locking in a stable price as the market fluctuates.

In 2025, several trends are shaping the Texas electricity market:

• Fixed-Rate Plans: These plans remain popular due to their stability and straightforward pricing. Businesses prefer them for predictable billing without hidden fees or gimmicks.
• Demand Response Plans: With the growing need for grid flexibility, plans that reward consumers for reducing consumption during peak demand times are expected to gain traction, especially as ERCOT calls for more demand response to support the grid.
• Solar Power Integration: Businesses that install solar panels will have more options to sell excess power back to the grid. However, the compensation for this power may be lower than expected, leading to a longer return on investment.
• Time-of-Use Plans: With an increasing share of renewable energy sources like solar and wind, time-of-use plans are expected to rise in popularity. These plans offer lower rates during the day when solar power is abundant and higher rates in the evening when demand is higher.

Let Shop Texas Electricity help you navigate these trends and find the best electricity plan for your business in Waco.

 
  
  
 
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Running a business in Waco? Whether you’re managing a cozy café near Magnolia Market or overseeing operations at a growing warehouse on the outskirts of town, keeping energy costs low is a smart move. That’s where Shop Texas Electricity comes in.

We make it simple to compare electricity plans that actually fit your business—no matter the size. From flat-rate options to flexible plans that match your usage patterns, our platform gives you the tools to choose confidently. It’s not just about saving money—it’s about getting reliable power without the hassle.

You don’t need to be an expert in kilowatts and contracts. Just tell us your ZIP code, and we’ll walk you through Waco’s top electricity providers and rates—side by side. We’re here to take the confusion out of commercial energy so you can get back to doing what you do best: running your business.

If you’re experiencing a power outage in Waco, Texas, you can report it to your utility provider as follows:

Oncor is the main electricity transmission and distribution utility for Waco.

Report an Outage Online: Visit Oncor’s outage reporting page: oncor.com

Report by Phone: Call 1-888-313-4747.

Report by Text: Text “OUT” to 66267 (ONCOR).

Outage Map: Check current outages at Oncor’s Storm Center: stormcenter.oncor.com

Electricity prices in Waco can vary quite a bit depending on your ZIP code—even between neighborhoods just a few miles apart. That’s because each area may be subject to different transmission and delivery fees charged by your utility company. These local charges play a big role in determining your final electricity rate.

To make sure you’re not overpaying, it’s essential to check rates specific to your address. At Shop Texas Electricity, we simplify the process—just enter your ZIP code, and you’ll instantly see a range of competitive plans and prices from top providers in Waco.