Compare The Best Electricity Rates in Austin, Texas

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Find The Cheapest Power Plans in Austin

When Energy Deregulation was introduced in Texas in 2002 the energy market completely changed course. This meant that millions of Texans, including residents of Austin, finally had the power to choose their own electric suppliers and take advantage of cheap electric power plans.

With dozens of Energy Companies serving Austin, it is time-consuming and overwhelming to find the optimal plan for your home or business.

We developed a comprehensive, yet easy-to-use comparison tool that finds all the available options and presents them to you in an easy-to-understand dashboard, already pre-sorted with the cheapest electricity plans showing on top.

Using our free service you can rest assured that you’re getting a cheap electricity rate. You can also filter plans based on specific preferences, or estimate your monthly bill based on your historical energy usage patterns.

If you’re ready to start saving big on your next energy bill, simply enter your zip code in the form above.

Moving to Austin or Just Switching to a Cheaper Electricity Rate?

Whether you are moving to, or already live in Austin, we want to make sure you are making an informed decision and getting the cheapest energy plan that is offered in your area.

With so many options to choose from, it is extremely time-consuming to find the best plan.

Most of the supplier websites show you advertised rates in large text, only to charge you more later!

Would you rather compare plans using a manual Excel spreadsheet with hundreds of rows, or would you rather let SlashPlan find the best and cheapest plan for you?

Using our service will not cost you a dime! Yes, it is completely FREE of charge.

How do we do that?

We monitor hundreds of electricity plans every day and present you with an unbiased comparison that takes into account all the different fees, credits, and discounts that you will receive based on your estimated electricity usage.

Follow our 3-step process for finding and enrolling in a new plan. It’s simple, and takes 5 minutes!

Enter Zip Code

Based on your Zip Code we will find and show you all the plans that are available to you. Finding the right plan is Easy, Fast and FREE.

Compare Plans

Our method allows you to compare the final prices of each plan. No more overcharges for plans that do not fit you usage pattern.

Sign Up

The signup process is SUPER easy and fast. In just 5 minutes you can start saving money on your electricity bills!

PRO TIP: The get the most accurate bill estimates, know your monthly usage. Ideally, pull the previous 12-month history from your current provider and enter them on our comparison page.

For a limited time, SlashPlan is offering a concierge service where we will get those numbers on your behalf.

Why Compare Electricity Rates?

We tend to get used to the “status quo”. We are busy and have other important things to do during our day. Most people simply think of their energy plan as a “set and forget” plan, which is a dangerous thing to do!

Like any other service provider, electricity companies always try to charge you as much as they can, and they use different tactics to make it happen, all while telling you that you’re getting a “deal”.

It’s extremely difficult and time-consuming to find the absolute best price without using a sophisticated comparison service like SlashPlan has to offer.

Still not sure why? Let me show you a common scenario:

Assuming you narrowed down your search to 2 energy companies (Company A & Company B) that both advertise a price of 10¢ per Kilowatt Hour (kWh). Your first thought may be: “they offer the same price”. But no, they don’t!

Most of the prices that are advertised by the energy companies are Tiered Prices.

This means that you will only pay the advertised rate if your monthly usage is within the specified tier.

If we look back at our case, here’s what we mean:

Company A offers the advertised rate when your monthly usage is ABOVE 2000 kWh.

Company B offers this price when your monthly usage is UNDER 1000 kWh.

Now, let’s repeat the question. Who offers the cheaper price?

The answer to that is — it depends!

It depends on your monthly usage, and multiple other factors, such as monthly base charges, usage credits, discounts, time of usage, etc…

Estimating your final bill is impossible without taking all of these charges and credits into consideration.

That’s where SlashPlan comes in to help!

We display all-inclusive pricing from different providers in a standard, easy-to-read platform.

For you to know you’re making the best decision, you need to have all the details in front of your eyes. Including all fees, discounts, and plan terms.

We’ve put all this information at your figure tips.

With our comparison service, you can finally sort and filter plans to match your specific criteria. The best options will show on top of the list by default.

The rates we display on SlashPlan are the rates you’ll actually experience on your bill, inclusive of all hidden fees. We make sure that you’re not misled by the cheaper rates often advertised by electric providers… those advertised rates are associated with higher usage levels that many households never enjoy because their usage level never reaches that pricing tier.

SlashPlan has your back! We level the playing field and make shopping for cheap energy rates accessible and easy for everybody!

We provide you with all the info that you need in order to make the best purchasing decision. We only show rates from well-respected and reputable energy companies that you can rely on.

Click here to compare the cheapest electricity rates in Austin

Are you not moving and still want to switch? Did you know that that by switching to a new provider at the end of your contract you can save hundreds of dollars every year? Lock-in a low rate today!

Check how much you could be saving on your Electric Bill

Best Power Plans and Rates in Austin

New Power Texas

Power of Credit

12 month

18.7¢ kWh

4Change Energy

Value Saver 12

12 month

11.9¢ kWh

Pulse Power

Texas Fixed

12 month

13.3¢ kWh

Energy Texas

The Seguin 15

15 month

15.0¢ kWh

Pulse Power

Texas Green

36 month

14.1¢ kWh

Pulse Power

Texas Saver

24 month

8.3¢ kWh

Spark Energy

Price Protect 24

24 month

20.8¢ kWh

APG&E

SlashPlan 6

6 month

13.4¢ kWh

New Power Texas

Power of Credit

24 month

16.8¢ kWh

Energy Texas

Bigger Than Texas 24

24 month

11.8¢ kWh

Energy Texas

Energy Texas Monthly

1 month

7.5¢ kWh

Pulse Power

Texas Fixed

24 month

13.4¢ kWh

Frontier Utilities

Easy Bill 12

12 month

8.9¢ kWh

Frontier Utilities

Frontier 12+

12 month

15.7¢ kWh

Frontier Utilities

Stay Cozy 12

12 month

13.5¢ kWh

Frontier Utilities

Best Value 12

12 month

13.9¢ kWh

Gexa Energy

Gexa Straight Saver 12

12 month

15.1¢ kWh

4Change Energy

Generous Saver Plus 12

12 month

12.9¢ kWh

Frontier Utilities

Smart Budget 12

12 month

15.3¢ kWh

Pulse Power

Texas Smart

12 month

22.6¢ kWh

Please note: The rates above are updated periodically. Current energy rates may have changed since our last update. To get the latest energy rates in your area please go to our comparison page and enter your zip code. Energy rates shown above are for a residential monthly consumption of 1000 kWh in zip code 77043.

Average Household Electricity Rates in Austin, Texas

Homeowners in Texas have been paying an average price of 11.1¢ kWh (Kilowatt/Hour) for their electricity between 2001-2020.

With energy prices constantly changing it’s even more difficult to tell if you’re paying a fair price.

The rates that you were last offered may no longer relevant by now, and all the time you spent comparing plans is gone down the drain.

Stop wasting time and overpaying for electricity

With SlashPlan you can compare and instantly get up-to-date unbiased energy rates, pre-sorted with the lowest prices showing first.

Data for this chart was compiled from the U.S Energy Information Administration – https://www.eia.gov/electricity/sales_revenue_price/

How To Find A Reliable Electricity Company in Austin?

It’s important to understand that when you sign up for service, your are enrolling with a Retail Electric Provider. Your provider is not in charge of servicing and maintaining your energy infrastructure, and they are not the ones that will fix blackouts or outages. Maintenance is done by a seprate utility company, also called a “TDSP”.

Sounds odd, right?

To make sure that the enrgy market is competitive, law-makers decided that these TDSP’s will not be allowed to sell energy directly to the consumer.

That’s how the market operates. The energy companies sell you electricity at competitive prices, and the utility companies deliver that energy to your home or business.

If you have a power outage, or have an issue with your meter, you will need to contact the utility company that services your area.

There are 5 main utility companies in Texas. Determine which utility company services your area.

Now that I understand that, how does it affect me?

This means that the electricity that you receive to your home or business is literally all the same. Regardless of which company sells it to you. There is only 1 utility company that services your address, and they are the only company that delivers electricity to you.

So what are the differences between all the other energy providers?

The main difference is that they offer different plans, structures, and prices.

Some providers only offer green plans, others include no-deposit plans, etc…

Therefore, if you are comparing plans from different providers, as long as their prices are the same, you should focus more on the provider’s customer service and early termination policy.

When you sign up for a new plan using SlashPlan, you can be confident that you’re getting a great deal, and will sign up with a well-known energy supplier that has a proven track record of competitive prices and outstanding customer support.

Find The Best Power Plans in Austin

Top 4 Things To Consider When Signing Up

Other than price, these are the top points to consider when enrolling in a new plan:

Your monthly usage – Having your 12-month usage history will allow you to find the best plan for your usage habits.

Rate Type – Some people prefer a long-term peace of mind that comes with a Fixed Rate plan. Others prefer a more dynamic, sometimes lower rate that changes monthly according to the Electricity Price Index.

Term Length – 12 months is a standard enrollment term. If prices are low right now, take advantage of the low rates and lock-in a fixed price for 24 months or more!

Green Energy – How important is it to you? Would you like to help the environment by signing up for a Green Energy Plan?

To read more we have a blog with plenty of resources that explain everything you need to know about the energy market and useful cost-saving tactics and tips.

Our comparison tool will instantly tell which plan currently offers the cheapest price, based on your usage and the filters you select.

If you’re still not sure and feel like you need some expert help, contact us today or schedule a free 15-minute consultation with a SlashPlan expert.

What Do I Need In Order To Sign Up?

It’s important to remember that SlashPlan is not your electricity provider. We created a platform that allows you to easily compare and sign-up (or switch) your electricity plan.

When you sign up for a new plan, your new provider requires us to send them some of the enrollment data.

We do not store sensitive information on our servers and make sure to protect your private data. We will never sell or share it with anyone!

Most people prefer a streamlined online enrollment, if you feel uncomfortable submitting your information online you can also enroll over the phone.

This normally is the information an electric company will require you to provide:

Full Name
Service Address
Billing Address
Social Security Number or Driver’s License Number (to determine if a deposit is required)
Requested service start date
Meter Number – The number printed on your Electric Meter. It can also be found on your recent electricity bill.