Texas-New Mexico Power electricity rates
Reviewed by the Volt Butler editorial team • Updated June 2026 • EIA Form 861 data (N/A)
Texas-New Mexico Power delivers electricity across its Texas service territory; customers choose a retail provider.
13.30¢/kWh
Cheapest fixed-rate plan in Texas-New Mexico Power territory
Cheapest clean, fixed-rate plan of 3+ months currently listed in Texas-New Mexico Power territory. Updated June 2026.
40%+
of TX households have shopped for a competitive supplier
Source: PUCT
100+
licensed residential suppliers in TX
Active suppliers accepting new customers
1-2
billing cycles to switch suppliers
No service interruption during switch
How electricity choice works in Texas-New Mexico Power territory
Here's the thing most shoppers in Texas-New Mexico Power territory get confused about: Texas-New Mexico Power is not your electricity provider. Texas-New Mexico Power is your transmission and distribution utility (TDU)—it owns the poles and wires, delivers your power, reads your meter, and restores service after an outage. You can't choose it or switch away from it; it's assigned by where you live.
What you do choose is your retail electricity provider (REP)—the company that sells you a plan and sets the rate you pay per kilowatt- hour. Dozens of REPs compete for your business across Texas-New Mexico Power territory, and Texas-New Mexico Power delivers the exact same electricity no matter which one you pick.
Unlike some states, Texas has no utility "default rate" to fall back on—every household in Texas-New Mexico Power territory chooses a retail provider. So the only number that changes your bill is the plan you sign up for. Comparing those plans is exactly what this page is for.
Retail providers in Texas-New Mexico Power territory
These retail electricity providers offer plans delivered over Texas-New Mexico Power's wires. Read our independent review of each, then compare their current rates.
Already an Texas-New Mexico Power customer? Outages, meter problems, and delivery billing are handled by Texas-New Mexico Power directly — not by your retail provider and not on this page. This guide is for comparing and switching the retail electricity plan you pay for.
Texas-New Mexico Power service territory
Texas-New Mexico Power provides electric distribution service to Texas-New Mexico Power delivers electricity across its Texas service territory; customers choose a retail provider..
Not sure if you're in Texas-New Mexico Power territory? Check your current electric bill—your utility name appears at the top. You can also enter your ZIP code on our homepage to see which utility serves your address.
How to switch suppliers
Find your account info
Grab your Texas-New Mexico Power bill. You'll need your account number and possibly your meter number to complete the switch.
Compare supplier rates
Review offers from PUCT-licensed suppliers. Look at the rate, term length, and any early termination fees before choosing.
Enroll with your new supplier
Sign up online with your chosen supplier. The switch happens automatically within 1-2 billing cycles with no service interruption.
Frequently asked questions
- Is Texas-New Mexico Power my electricity provider?
- Not exactly. Texas-New Mexico Power is your transmission and distribution utility (TDU) — it owns the poles and wires, delivers your power, and handles outages. Your electricity provider is the retail electricity provider (REP) you choose, which sets the rate you pay. Everyone in Texas-New Mexico Power territory has Texas-New Mexico Power for delivery, but you pick your own REP.
- Can I choose my utility, or switch away from Texas-New Mexico Power?
- No — you can't choose or switch your TDU. Texas-New Mexico Power is assigned by where you live and delivers power to every home in its territory no matter which retail provider you pick. What you do choose is your retail provider, plan, and rate. Texas-New Mexico Power delivers the same electricity either way.
- Who delivers electricity in Texas-New Mexico Power territory?
- Texas-New Mexico Power does. It maintains the wires, reads your meter, restores power after outages, and delivers electricity to every address in its service area — regardless of which retail provider you've signed up with.
- What happens if there's a power outage?
- Texas-New Mexico Power handles all outage response and restoration, regardless of your retail provider. Report outages directly to Texas-New Mexico Power, not to the company you buy your plan from.
- Is there a fee to switch retail providers?
- Texas-New Mexico Power does not charge a fee to switch your retail provider. However, if you're currently under contract, your existing provider may charge an early termination fee — always check your contract terms before switching.
Related guides
Effective Rate vs Advertised Rate
Why a Texas plan's headline price isn't what you actually pay
Fixed vs Variable Rate Plans
Which plan type makes sense for your household
How to Choose an Electricity Company
A step-by-step framework for picking the right provider
Understanding Your Electricity Bill
What every line item on your Texas bill actually means
Ready to compare rates in Texas-New Mexico Power territory?
Enter your ZIP code to see available suppliers and current rates for your area.
Free comparison • PUCT-licensed suppliers • EIA-cited data