Waco electricity rates
Please note: All rates above are accurate as of 4/23/2025, 1:11:39 PM CDT for ZIP Code 76633. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Waco utility companies and energy providers
Deregulated cities (including Waco) have utility companies and energy providers. The utility – also known as an electric supplier – is responsible for transmitting power to homes and businesses, maintaining power lines, and responding to power outages. Electric suppliers are determined based on where you live, so you can’t choose your own. In Waco, the utility is Oncor Electric Delivery.
On the other hand, energy providers (sometimes called electricity companies) sell electricity plans to consumers and manage customer billing and energy usage. Unlike your utility company, you’re free to choose your electricity company in a deregulated market. With the Choose Energy marketplace, you can explore electricity plans from Texas’ best providers, including 4Change Energy, Frontier Utilities, and TXU Energy.
Enter your ZIP code to find rates and plans from the best Waco electricity providers.
Power outages in Waco
If you’re experiencing a power outage in Waco, contact your utility company (Oncor Electric Delivery). You can reach Oncor by calling 1-888-313-4747 or reporting an outage online.
Types of electricity plans in Waco
When you’re exploring Waco electricity rates through Choose Energy, you may notice that there are several different types of electricity plans. Here are some of the most common options.
Fixed-rate plans
If you choose a fixed-rate plan, you’ll pay a set electricity rate for the entire agreement (usually 12, 24, or 36 months). On the plus side, your rate won’t increase — even when demand is high. However, if you want to cancel before your contract ends, you may owe an early termination fee (ETF).
Variable-rate plans
In contrast, variable-rate plans don’t come with a set rate or a contract. Instead, your electricity rate will change depending on the current wholesale cost of power — which is great when prices are low but riskier when demand and cost spike. On the plus side, you aren’t locked into a contract and can switch providers at any time.
Prepaid and no-deposit plans
Before beginning service, it’s common for power companies to run a credit check on prospective customers. You may need to pay a deposit if your score doesn’t meet the provider’s requirements. However, a handful of energy providers offer no-deposit and prepaid plans, which allow you to avoid a deposit, prepay for energy, and top up your account as needed.
Submit your ZIP on this page to find and compare Waco electric rates today.
Waco green energy
Texas is a powerhouse in terms of green energy, producing the most wind energy in the nation and ranking within the top five states for solar generation. As a result, Waco residents and business owners can choose from a number of green energy plans for their homes or commercial operations.
In Texas, all electricity plans include a percentage of energy from renewable sources. Some are even 100% green. If you’re looking for a green energy provider in Waco, consider Gexa Energy.
To find eco-friendly electricity rates in your area, enter a ZIP code on this page and filter for “green energy.”
Waco energy for business
If you’re a business owner in Waco, you can also choose your power company. Check out our business energy hub to learn about your options and get a customized commercial energy plan.
Waco electric rates in my area
Utility companies charge different amounts for transmitting power — known as utility transmission charges. That means the price you pay for power might differ from someone in the next city over — even if you have the same provider.
When shopping for a new energy plan, narrow your search and focus only on electricity rates in your area. You can do this by entering your ZIP code on Choose Energy, where you’ll find up-to-date pricing and plan availability for your location.
How to compare electricity rates with ChooseEnergy.com
Our marketplace makes it easy to discover the best electricity rates in Waco. Here’s how to get started.
- Enter your ZIP code. We’ll use this information to show you accurate Waco electricity rates, which you can sort and filter to find the perfect plan for your needs.
- Sign up. Signing up with a new provider online only takes a few minutes. You can also call our energy experts to sign up over the phone or ask questions about providers in your area.
- Enjoy your plan. Your new power company will manage the transition, with nothing else needed on your end.
Moving to Waco?
Situated in central Texas, Waco has a population of just over 138,000. As the home of Baylor University, the city is popular with both college students and families.
If you’re moving to Waco, you can use the Choose Energy marketplace to sign up for a new energy plan within minutes
Frequently asked questions about Waco energy
Who has the cheapest electricity rates in Waco?
Waco electricity rates change constantly, but Frontier Utilities currently has the most affordable rates in the city.
What is the best provider in Waco?
The best electricity company near you will depend on what you’re looking for. For example, some customers prioritize providers with low prices, while others want electric companies that offer green energy plans. If you know your must-haves, you can use the filters on the Choose Energy marketplace to find a plan that matches your requirements.
What is the average electric bill in Texas?
At the moment, the typical Texas electric bill costs $153.16.
How can I lower my electricity bill in Waco?
Switching providers is an easy way to lock in cheap electricity in Waco and lower your electricity bill. You can also complete energy-saving home improvements, like repairing your HVAC system and using energy-efficient appliances.