Waco electricity rates
Compare every licensed supplier serving Waco side by side — real per-kWh rates, no paid rankings, no sales calls. Oncor delivers the power no matter which plan you pick.
What's a good rate? The typical Waco plan runs about 14.2¢/kWh — anything near today's 12.40¢ floor is a strong deal.
Lowest rate in Waco right now
12.40¢/kWh
across 43 licensed TX suppliers
Enter your ZIP for plans at your address
Quick answer: The cheapest electricity rate in Waco right now is 12.40¢/kWh, available from 43 licensed TX suppliers. Compare plans below or enter your ZIP code for personalized results.
Top 5 electricity rates in Waco
The lowest honest per-kWh rates from Power to Choose, updated weekly. For context, the typical plan here runs about 14.2¢/kWh — so anything below that is a good rate.
Rank these plans for your home
Set your typical monthly usage — we'll re-rank every plan by what it would actually cost you, not just its headline rate.
Ranked by your estimated cost at 1,000 kWh/month (the typical household — change it above)
| Supplier | Rate at 1,000 kWh | Est. monthly | Term | Action |
|---|---|---|---|---|
 Tara Energy Cheapest | 12.40¢/kWh | $124.00 | 6 mo fixed | View plan |
 Amigo Energy | 12.40¢/kWh | $124.00 | 6 mo fixed | View plan |
 Just Energy | 12.40¢/kWh | $124.00 | 6 mo fixed | View plan |
 True Power | 12.60¢/kWh | $126.00 | 12 mo fixed | View plan |
True Power | 12.70¢/kWh | $127.00 | 12 mo fixed | View plan |
Every plan, ranked by your real cost
All 151plans — including variable and bill-credit plans — sorted by what they'd actually cost at 1,000 kWh. A plan that looks cheap at 1,000 kWh can cost much more at your usage; here it sorts to where it really belongs.
| # | Supplier | Rate at 1,000 kWh | Est. monthly | Type | Plan |
|---|---|---|---|---|---|
| 1 | Budget PowerBill credit | 7.30¢/kWh | $73.00 | Fixed · 12 mo | View |
| 2 | Chariot EnergyBill credit | 7.50¢/kWh | $75.00 | Fixed · 12 mo | View |
| 3 | RhythmBill credit | 8.20¢/kWh | $82.00 | Fixed · 12 mo | View |
| 4 | Energy TexasBill credit | 8.20¢/kWh | $82.00 | Fixed · 12 mo | View |
| 5 | Discount PowerBill credit | 8.40¢/kWh | $84.00 | Fixed · 13 mo | View |
| 6 | Octopus EnergyBill credit | 9.80¢/kWh | $98.00 | Fixed · 12 mo | View |
| 7 | Amigo EnergyBill credit | 11.10¢/kWh | $111.00 | Fixed · 12 mo | View |
| 8 | Tara EnergyBill credit | 11.10¢/kWh | $111.00 | Fixed · 12 mo | View |
Rates for TX licensed suppliers, ranked by estimated cost at 1,000 kWh/month. Usage-sensitive (bill-credit) plans show their true effective rate at your usage, not the 1,000-kWh headline.
Major providers serving Waco
The big national brands serve Wacotoo. Here's the lowest honest rate each one offers right now. Most price above the cheapest plans in our Top 5 above — we list them by name so you can compare like for like, not because they're the cheapest.
Just Energy
from 12.40¢/kWhBest price
Octopus Energy
from 12.80¢/kWh
Frontier Utilities
from 13.00¢/kWh
Gexa Energy
from 13.00¢/kWh
Chariot Energy
from 13.20¢/kWh
Rhythm
from 13.40¢/kWh
Champion Energy
from 13.70¢/kWh
Constellation
from 13.70¢/kWh
Spark Energy
from 13.90¢/kWh
Discount Power
from 14.40¢/kWh
Cirro Energy
from 14.50¢/kWh
Reliant Energy
from 15.40¢/kWh
Prefer a specific provider? Check what they offer at your address.
What these plans really cost at your usage
Texas's cheapest-looking plans only win if you use almost exactly 1,000 kWhevery month — which real households don't.
That low headline rate comes from a bill creditthat lands only at 1,000 kWh. We'll be straight: at exactly 1,000 kWh the bill-credit plan really is cheaper. But a real Wacohome swings between months — a mild spring (500 kWh) and a summer of AC (2,000 kWh) — and at those usages the "cheap" plan costs more than our honest flat-rate pick. See for yourself across three real usage levels.
Tara Energy
Balanced Days Bundle - 6 · 6-month fixed
12.4¢/kWh
Roughly the same at any usage — no 1,000-kWh trick.
Budget Power
Prime 12
7.3¢/kWhonly at exactly 1,000 kWh
Its real per-kWh rate swings with usage (below).
| Monthly usage | Honest pick (¢/kWh · bill) | Bill-credit plan (¢/kWh · bill) |
|---|---|---|
| 500 kWh (light) | 13.3¢ · $67 | 20.2¢ · $101 |
| 1,000 kWh (exact target) | 12.4¢ · $124 | 7.3¢ · $73 |
| 2,000 kWh (heavy / summer AC) | 12.0¢ · $240 | 13.4¢ · $268 |
The honest read: the bill-credit plan is only the cheapest if you land almost exactly on 1,000 kWh every month. A typical Waco household closer to 1,000 kWh pays about $124 on our flat pick versus roughly $202on the bill-credit plan once its credit doesn't apply. We rank the plan that's actually cheapest for real usage — not the lowest headline number.
Best plan by usage level
Your monthly bill depends on how much electricity you use.
Light usage (500 kWh)
500 kWh/month
Cheapest at this usage
13.00¢/kWh
Infuse Energy
Est. $65/month for generation
Average usage (1,000 kWh)
1000 kWh/month
Cheapest at this usage
7.30¢/kWh
Budget Power
Est. $73/month for generation
Heavy usage (2,000 kWh)
2000 kWh/month
Cheapest at this usage
11.90¢/kWh
Southern Federal Power
Est. $238/month for generation
Waco at a glance
139k
Population
Oncor
Primary utility
12.40¢
Lowest competitive rate
Lock in a rate from 12.40¢/kWh
Enter your ZIP to see every licensed TX supplier at your address — switching takes minutes.
Your utility vs. your supplier
Texas deregulated electricity generation in 2002. Your utility handles delivery; you choose who generates your power.
Distribution Utility
Oncor
- Maintains power lines and infrastructure
- Handles outages and emergencies
- Sends your monthly bill
You can't change your utility
Your Supplier
You choose
- Generates your electricity
- Sets your generation rate
- Offers fixed or variable pricing
43 suppliers available in Waco
Rates from 12.40¢/kWh
41%
of TX households have chosen a competitive supplier
100+
PUCT-licensed residential electricity suppliers
1-2
billing cycles to complete a supplier switch
Active suppliers in this area
Infuse Energy
7 plans
Revolution Energy
7 plans
Chariot Energy
6 plans
Octopus Energy
6 plans
Ranchero Power
6 plans
Budget Power
5 plans
Southern Federal Power
5 plans
Ap Gas & Electric (Tx)
5 plans
Texans Choice Power
5 plans
Bkv Energy
5 plans
Reliant Energy
5 plans
Green Mountain Energy
5 plans
How electricity choice works
Lower rates
Shop for rates below your utility's Provider of Last Resort
Same service
Your utility still delivers power and handles outages
Price protection
Fixed-rate plans lock in your rate for 6-24 months
Green options
100% renewable plans often cost the same or less
How to switch suppliers
Find your POLR
Check your utility bill for your current Provider of Last Resort. This is the benchmark rate to beat.
Compare rates
Use Power to Choose or compare suppliers here. Look at rate, term, and fees.
Enroll online
Sign up with your chosen supplier. Your utility handles the switch automatically.
Frequently asked questions
- How does electricity deregulation work in Waco?
- Waco is served by Oncor, which delivers electricity to homes and businesses. Texas deregulated electricity generation in 2002, meaning you can choose a different company to generate your power while Oncor continues to deliver it.
- What is the cheapest electricity rate in Waco right now?
- The lowest available rate in Waco is currently 12.40¢/kWh, from 43 licensed suppliers with active offers. Rates change frequently — we update this data weekly from Power to Choose.
- Who delivers electricity in Waco?
- Oncor is the distribution utility for Waco and McLennan County. They own and maintain the power lines, handle outages, and send your bill. Regardless of which supplier you choose, Oncor delivers your electricity.
- How do I switch electricity suppliers in Waco?
- Three steps: Compare rates, enroll directly with your chosen supplier online, and wait 1-2 billing cycles for the switch to complete. There's no service interruption, no new equipment, and no fee from Oncor to switch.
- What is the Provider of Last Resort for Oncor customers?
- The Provider of Last Resort (POLR) is Oncor's default generation rate for customers who don't choose a supplier. It changes periodically based on wholesale market prices. The POLR is the benchmark suppliers need to beat.
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
Early Termination Fees Explained
What it costs to leave a fixed-term contract early
How Much Does Electricity Cost Per Month?
Typical monthly bills by usage and how to lower yours
How we collect this data
Rate data is sourced from Power to Choose, the official TX PUC marketplace, and refreshed weekly. Volt Butler is an independent comparison site — we don't accept payments from suppliers to rank them higher. The Oncor Provider of Last Resort is sourced from Oncor's most recent published rate schedule.
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Free comparison · 43+ PUCT-licensed suppliers · EIA-cited data