Simplify Your Bills
When it comes to powering your Texas home, predictability matters. A fixed rate plan keeps your energy rates steadier, not shocking! By locking in your energy charge per kilowatt-hour (kWh) for your entire contract, you protect yourself from market price swings. With energy charges that don’t fluctuate, you’ll enjoy smooth sailing month after month, making it easy to stay charged up and on budget!
| Provider + Plan Name | Plan Rate | Plan Length |
|---|---|---|
| APG&E - SimpleSaver 12 | 7.7¢ | 12 months |
| Companion Energy - Companion Savings + Benefits 12 | 7.8¢ | 12 months |
| Gexa Energy - Gexa Eco Saver Plus 12 | 7.8¢ | 12 months |
| Express Energy - Flash Value 12 | 7.8¢ | 12 months |
| Frontier Utilities - Frontier Saver Plus 12 | 7.8¢ | 12 months |
| 4Change Energy - Maxx Saver Value 12 | 7.8¢ | 12 months |
| Chariot Energy - GridPlus 12 | 7.8¢ | 12 months |
| Energy Texas - The Lone Saver 12 | 8.9¢ | 12 months |
| Rhythm Energy - Rhythm Saver 12 | 8.9¢ | 12 months |
| Octopus Energy - Octopus Lite 12 | 9.2¢ | 12 months |
Considerations When Choosing Your Fixed Rate Plan
Finding the best electricity plan is about more than just the advertised rate! Your ideal plan depends on your home, lifestyle, energy habits, and budget. Here’s what to keep in mind:
- Budget: Fixed rate plans offer more consistent pricing, making it easier to forecast your monthly bills. But remember, rates are usually listed per kWh, so your total cost depends on your usage. Always check the Electricity Facts Label (EFL) for the full picture.
- Transmission and Distribution Utility (TDU) charges: Even on a fixed-rate plan, your total bill may adjust slightly due to TDU charges. These are state regulated “pass-through” fees for maintaining the poles and wires that deliver power to your home. While your energy rate stays locked in, these delivery fees are typically updated twice a year by the Public Utility Commission and are passed directly to you without any markup.
- Home Type: Larger homes generally consume more energy, while smaller apartments use less. Look for a plan that aligns with your home’s typical usage!
- Energy Usage Patterns: Fixed rate plans are ideal for households that prefer predictable monthly bills rather than tracking market fluctuations. If your usage is flexible, other plans like time-of-use may also be worth comparing.
- Contract Length: Fixed rate plans typically come in 6-36 month terms. Decide whether you want short-term security or a multi-year lock to protect against rising energy prices.
- Sustainability: Many fixed rate plans can be paired with green energy options if supporting renewable sources matters to you.
- Incentives & Perks: Some plans offer bill credits, loyalty rewards, or smart devices. Make sure the benefits match your household’s needs.
- Credit History: Providers often run credit checks. If your credit is limited, a no-deposit or prepaid plan may be a better fit.
Why the Electricity Facts Label (EFL) Matters
Every electricity plan in Texas comes with an Electricity Facts Label (EFL), which is your go-to guide for understanding the true cost of a plan. The EFL shows:
- Average price per kWh at different usage levels
- Contract length and early termination fees (ETFs)
- Fixed base charges (not all plans have this)
- Delivery (TDU) fees
- Promotional credits or conditional perks
- Renewable energy percentage from the plan
Even if a plan looks cheap in marketing materials, the EFL will reveal the full cost once all fees and conditions are included. Reading it carefully helps you avoid surprises later!
Comparison Chart
|
Plan Type
|
Pros
|
Cons
|
Best For
|
|---|---|---|---|
|
Plan Type
Fixed Rate Plans |
Pros
|
Cons
|
Best For
|
|
Plan Type
Variable Rate Plans |
Pros
|
Cons
|
Best For
|
|
Plan Type
Short-Term Plans |
Pros
|
Cons
|
Best For
|
|
Plan Type
Long-Term Plans |
Pros
|
Cons
|
Best For
|
|
Plan Type
Green Energy Plans |
Pros
|
Cons
|
Best For
|
|
Plan Type
Time-of-Use Plans |
Pros
|
Cons
|
Best For
|
Power Your Peace of Mind
Don’t guess! Enter your ZIP code into Best Electric Rates’ smart comparison tool to instantly see dozens of providers and plans in your area, so you can choose your energy soulmate!