Compare Electricity Rates in El Paso, Texas and Find the Right Fit for You.
We all need reliable, affordable electricity plans for keeping the lights on. Price To Compare can help you weather the storms of a fluctuating energy market and avoid nasty hidden fees. Our energy experts will handle the complex details and present you with the best electricity rate for your home in a quick, easy-to-read format. So, whether you’re looking for a lower rate, shopping for a new plan, or moving to El Paso, our quick rate comparison tools put the power to lower your home’s electricity bills in your hands.
As a Texas resident, you have the benefit of a competitive energy market. In fact, Texas is one of the only states to allow its citizens to choose their own electric company. But how do you pick the right provider and the best plan? Have confidence in your energy choices by relying on our energy professionals’ years of experience.
Price To Compare makes it easy for people to compare electricity rates in El Paso, Texas and make the smartest choice for your home. Own a business, too? You can get a free quote on commercial energy rates and keep the bottom line low on your electricity or natural gas bill.
El Paso, TX Electricity Prices
Texas electricity rates are subject to market fluctuations, consumer demand, wholesale energy prices, and seasonal changes. With deregulation, Texas electricity suppliers must compete for consumers, driving down the average cost of electricity while promoting more customer-centric service plans.
El Paso’s energy suppliers use all kinds of strategies to secure your business. Sorting through these complex plans, varying rates, contract lengths, energy sources, introductory rates, bill credits, minimum usage levels, cancellation fees, and more, can be overwhelming.
With our easy-to-use energy marketplace, you can quickly shop electricity plans in El Paso, TX, and switch electricity providers in less than 5 minutes! Search your El Paso zip codes here.
Have your current electric or natural gas bill handy to compare suppliers and rates.
Green Energy Options
Compare the Top Green Energy Plans in El Paso
Save on “green” while you go green! Local clean energy production is made cheaper every day due to increasing consumer demand, more innovative technology, and greater renewable energy production. We’re here to help you find the best green energy prices on the market. Making great energy choices is a breeze!
Let’s look at El Paso’s green energy initiatives. El Paso is ranked fourth in the total installed solar capacity in Texas. Because of its arid environment, El Paso is always under the threat of drought due to sustainability issues. This puts a lot of pressure on the energy systems that power the city.
In 2016, El Paso Electric (EPE) became the first energy provider in Texas and New Mexico to eradicate coal generation from its portfolio. Then, in 2020, EPE entered purchased power agreements (PPAs) to provide the ability to purchase energy, including a capacity of 270 MW of solar generation and 50 MW of battery storage, to be constructed in southern New Mexico. EPE aims for the new facilities to operate by 2025, providing more than 450,000 MWh of generation in their first year of operation.
Price To Compare can connect you to highly competitive renewable energy plans for El Paso.
Around 130 Retail Electric Suppliers service Texas. Also called retail energy providers, REPs are responsible for generating or purchasing electricity before selling it to you. Here are some of the most popular ones:
Constellation is a national supplier of electric power and natural gas. It is a subsidiary of Exelon that services approximately 2 million residential, public sector, and business customers.
Direct Energy supplies electric power and natural gas to four million customers across the U.S. and most of Canada. It was originally founded in Toronto, Canada, but is now headquartered in Houston, Texas.
Headquarters: Houston, TX
Founded In: 1986
Tomorrow Energy is a Houston-based retail provider of electricity and natural gas. It operates in Illinois, Maryland, Ohio, New Jersey, New York, and Pennsylvania. It was originally founded in 2011 as Sperian Energy Corporation, but rebranded in 2018 to Tomorrow Energy.
In deregulated states, consumers are able to choose their own electric company, but what is the difference between the electric company and your utility company?
Your energy provider and utility company are actually two different things. Texas utility companies are responsible for managing and distributing the energy produced by suppliers.
For instance, the utility company must ensure the power reaches your home by installing and maintaining electricity and natural gas lines. They’re also in charge of responding to power outages.
There are four major utility companies that service Texas. Which one services your home? (Hint: Your utility company is dictated by El Paso, TX zip code, not a choice.)
AEP Texas, a unit of American Electric Power, delivers electricity to over 1 million homes, businesses and industries in south and west Texas.
Headquarters: Corpus Christi, TX
Founded In: 1906
Centerpoint Energy is a Houston-based electric and natural gas delivery company that services around 2.2 million customers in the Houston area. It also services the states of Arkansas, Oklahoma, Ohio, Mississippi, Minnesota, Louisiana, and Indiana.
Headquarters: Houston, Texas
Founded In: 1882
Oncor is the largest transmission and distribution electric utility in the state of Texas. It delivers electricity to over 10 million citizens in 420 cities and 120 counties throughout the Lone Star state.
Headquarters: Dallas, TX
Founded In: 2007
Texas-New Mexico Power Company (TNMP) is an electric distribution company that delivers electricity to over 255,000 homes and businesses in North-Central, Gulf Coast, and West Texas. While the company used to deliver electricity to New Mexico, as of 2006, it serves only the state of Texas.
Headquarters: Lewisville, TX
Founded In: 1925
Always call your utility company rather than your energy provider in a power emergency.
Texas introduced the deregulation of energy in 2002. Since then, 85% of cities within the state have had the advantage of choosing which energy supplier they want to use. This has been a positive step forward because many energy companies now have the ability to compete fairly against their competitors. Equally, El Paso residents can now choose which company best suits them.
Shop Electricity Plans in El Paso
Nearly 700,000 residents live and work in El Paso and deserve cheap, reliable electricity. Energy costs change regularly, so let’s walk through the types of energy plans offered in El Paso, TX, and find the one that’s right for you.
Fixed Rate Plans
Featuring fixed electric rates determined by a contract, your rate will remain consistent regardless of the current electric rate. While the wholesale cost of electricity varies, these plans help keep your budget predictable and affordable, giving you the energy security you need.
These rates are determined by the current state of the energy market. You get a cheaper rate when energy is abundant but pay higher rates in times of high demand or low production. These plans offer the flexibility of no contract but are high in risk.
Using a smart meter, the customer pays in advance. Then the provider adjusts the account as the energy is used. When the balance runs low, the consumer adds additional funds to an online account and no contract is required.
Green Energy Plans
Don’t let another sunny day go by before you start saving! While you compare electricity rates in El Paso, Texas, you’ve got inspiring energy choices. Wind, solar, biomass, geothermal, or hydroelectric, our powerful network connects you to the energy technology of your choice. Power your home while supporting eco-friendly electricity initiatives and local jobs in just a few clicks. Price To Compare can show you how!
And we’re here to help you find the best prices available. Price To Compare can match you with competitive renewable energy plans so you can power your home, help the environment, and support eco-friendly electric initiatives at the same time.
Before changing energy suppliers, you need your current electric or natural gas bill, and you need to know the utility company responsible for your area.
Understanding Your Electric Fact Label (EFL)
Your EFL is a document you can use to help compare electricity rates in El Paso and make the best decision for your home. It’s similar to a food label, offering a standard format for sharing energy information with consumers, like yourself.
While your EFL sheet might not seem like it’s worth a close read, the opposite in true. To avoid an alarming electricity bill after signing up, you want to make sure you thoroughly review your EFL before making a commitment. Here’s a breakdown of how to read it.
➤ Electricity Price: Reflects all prices billed to a customer, including generation, transmission, distribution, fuel and customer service. Cost is presented in cents per kilowatt-hour (kWh). Electrical usage levels shown represent average usage amounts for residential customers. Read your current electric bill to see your monthly usage.
➤ Contract: Shows the minimum term of the contract in months.
➤ Source of Generation: Identifies source of electricity offered by the REP. Columns compare the specific REP to statewide electric generation.
➤ Emissions: Shares type and percentage of emissions
Review all aspects of the EFL before signing up, with special attention to price per kilowatt-hour, early termination fees, % renewable energy sourcing, and other unexpected charges. Need more insights? Read the Public Utility Commission of Texas Electricity Fact Label Guide.
Not sure where to begin? Price to Compare Can Help.
Take comfort knowing our dedicated energy experts have your back. We’ve been in this industry for over a decade and have one of the largest national networks of commercial energy suppliers. With over 50 years of combined executive experience, our team of energy professionals constantly monitor the current landscape for shifts that affect your energy costs. We believe keeping your home or business bright, comfortable, and functioning smoothly should be as easy as flipping a switch!