Laredo Electricity Rates & Light Companies
Shop for plans from Laredo’s top electricity providers.

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Compare today’s Laredo electricity rates

Gexa Energy - Gexa Eco Saver Plus 12 12 months $0.106 / kWh
Frontier Utilities - Frontier Saver Plus 24 24 months $0.106 / kWh
4Change Energy - Maxx Saver Select 24 24 months $0.107 / kWh
Express Energy - Flash 12 12 months $0.107 / kWh
Cirro - Simple Bill Credit 24 24 months $0.115 / kWh
Discount Power - Bill Credit Bundle 24 24 months $0.115 / kWh
Veteran Energy - Valor 12 12 months $0.137 / kWh
Reliant - Reliant Power Savings 24 plan 24 months $0.145 / kWh
TriEagle Energy - Real Deal 36 36 months $0.149 / kWh
TXU Energy - Smart Edge 12 12 months $0.149 / kWh
Direct Energy - Live Brighter Lite 12 12 months $0.159 / kWh
Rhythm Energy - Clear Choice 36 36 months $0.171 / kWh
BKV Energy - Lantana 36 36 months $0.191 / kWh
Payless Power - 12 Month - prepaid 12 months $0.204 / kWh

Please note: All rates above are accurate as of 3/08/2025, 8:41:46 PM CST for ZIP Code 78040. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Your power to choose electricity in Laredo

Texas deregulated its energy market back in 2002. Thanks to this, as a Laredo resident, you can choose your own electricity plan from several energy providers competing for your business. This is unlike traditional energy markets, where residents are required to purchase electricity from their local utility.

Choose Texas Power is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

Average residential rate in Laredo, TX

In Laredo, the average rate on the Choose Texas Power marketplace for 500 kWh in 2025 is 20.21 cents per kilowatt-hour (kWh), marking a 3.90% decrease from 2024. The rates for the 1,000 kWh and 2,000 kWh usage levels are 14.86 cents and 16.40 cents, respectively, which are 8.55% and 5.03% lower compared to the average rates in 2024.

Best Laredo electricity providers

Laredo residents have many companies to choose from for their electricity, and finding the right plan from so many options can be overwhelming. Fortunately, the Choose Texas Power marketplace allows you to find and compare available plans and providers all in one place. A few top energy companies in Laredo include TXU Energy, TriEagle Energy, Constellation Energy, Gexa Energy, and 4Change Energy.

Laredo utility company

While your chosen energy supplier sells you your electricity in the form of an energy plan, your local utility company delivers your electricity, maintains the electrical infrastructure, and responds to power outages and other emergencies. Utilities are assigned to you based on your location, so you can’t choose your own. The utility company for Laredo is AEP Texas. For help with your electric service or to report an outage, here’s how to contact them:

  • Call 1-877-373-4858 for customer service
  • Report an outage using their online portal

Types of Laredo electric plans

When shopping for a new electricity plan, you’ll come across a variety of options to choose from. Some of the most common energy plans include:

  • Fixed-rate plans: A fixed-rate energy plan locks in a fixed electric rate for the length of your contract, which usually lasts between 12 and 36 months. So you pay the same price per month, no matter what fluctuations happen in the market price. However, if you cancel or switch your plan before your contract is up, you’ll likely have to pay an early termination fee (ETF).
  • Variable rate plans: Variable-rate plans fluctuate with the energy market. This means you’ll sometimes enjoy lower rates when demand is low, but pay higher rates when the market price increases. But because there’s no contract, you’re free to switch plans or providers at any time with no penalty.
  • No-deposit plans: Many electricity plans require you to pay an upfront deposit after undergoing a credit check. Some providers offer no-deposit plans, either allowing consumers with good credit to skip the deposit or the credit check altogether. Prepaid plans are a popular type of no-deposit plan, where you pay for your electricity upfront and top up your account when it runs low.

Understanding Laredo electric rates

Electricity rates vary depending on your location, plan type, amount of green energy, term length, and provider. Rates can also change based on supply charges, delivery charges, taxes, and fees. So the rate you pay in Laredo might be different from the rate someone else pays in another part of Texas, even if you have the same plan.

To find the current rates in your area, enter your ZIP code on this page today.

Laredo commercial energy

Businesses can also take advantage of energy deregulation. If you’re a business owner and you want to learn more about business energy rates, you can get started by filling out our commercial energy form. Alternatively, you can call the number on your screen to speak with one of our energy experts and begin building a customized energy plan for your business.

Green energy plans in Laredo

Texas is a leader in green energy. The state is number one in the nation for wind energy generation and in the top five for solar energy generation. As a result, Texas residents have many options when it comes to choosing a green energy plan.

Every Texas electricity plan comes with a percentage of renewable energy derived from wind power or solar energy. You can find out exactly how much and what type of green energy is in a plan by looking at its Electricity Facts Label (EFL).

There are several companies, such as Green Mountain Energy and Gexa Energy, that offer plans with 100% green energy to make it easy to find renewable energy rates near you. To find these types of plans, enter your ZIP code on this page and filter your results for green energy.

Moving or switching providers in Laredo

If you’re moving to Laredo or looking to switch your Laredo energy provider, Choose Texas Power is here to help. Our marketplace works with the most reputable electricity companies in Laredo to help you find the right electricity plan for your needs.

Moving to a new address

If you’re moving to Laredo, you may be able to transfer your current electricity plan to Laredo — just reach out to your current provider a few weeks before your move to find out. If your provider doesn’t operate in Laredo, then you’ll need to sign up for a new plan. You can use our marketplace using your new Laredo ZIP code to find and sign up for a plan all in one place. Be sure to give your current provider proof of your move to avoid being charged an ETF .

Switching energy providers

If you’re unhappy with your current provider, your energy needs have changed, or you’re looking for a lower rate, switching energy providers is easy with Choose Texas Power. Enter your ZIP code on our marketplace to choose a new provider, and make sure you don’t need to pay an ETF before canceling your current plan.

Laredo energy FAQs

Which provider has the cheapest electricity rates in Laredo?

Currently, Gexa Energy and Frontier Utilities offer the cheapest electricity rates in Laredo with prices at 10.4 cents per kWh. Electricity rates in Laredo change frequently, so be sure to look up your ZIP code for the most accurate and up-to-date pricing in your area.

Where can I compare Laredo electricity rates?

The best way to find the best electric plans in Laredo is on a marketplace like Choose Texas Power, where you can compare rates and sign up all in one place. To discover the current rates from power companies in Laredo, enter your ZIP code on this page and we’ll provide you with a list of local plans and prices. You can sort by price, term, and other factors to narrow down your search before signing up by following the prompts.

How can I lower my electricity bill in Laredo?

There are several ways you can lower your electricity bill, such as bumping up your thermostat by a few degrees, investing in energy-saving upgrades like double-pane windows, energy-efficient appliances, or LED light bulbs, and making sure your HVAC is working properly. You can also lower your bill by signing up for a new energy plan when rates are low, like in the spring or fall, using a marketplace like Choose Texas Power. Simply enter your ZIP code on this page to get started today.

 

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