Lubbock Electricity Rates and Companies

Your power to choose electricity in Lubbock

On January 5, 2024, the city of Lubbock deregulated its energy market. This means residents can now choose an electricity plan from various energy providers competing to offer affordable prices. Choose Texas Power can help you compare electricity rates, plans, and fees across many providers. Our independent marketplace streamlines the energy shopping process to help residents and businesses find the best Lubbock electricity rates.

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

Average residential energy rate in Lubbock

The electricity rate you’ll pay depends on how much electricity you use, as most plans have a tiered pricing structure. Your regular usage level, number of occupants in the home, and home size contribute to which usage tier you’ll fall into. It helps to know the average Lubbock electricity rate for each usage tier to know if you’re getting a good price. Here are the most recent Lubbock rates, according to our marketplace data:

• At the 500 kWh level, the average rate in Lubbock is 20.9 cents per kWh
• At the 1,000 kWh level, the average rate in Lubbock is 16.6 cents per kWh
• At the 2,000 kWh level, the average rate in Lubbock is 18.1 cents per kWh

Shop energy rates on our independent marketplace to easily find a competitive fall energy plan. Compare the best Lubbock power companies and rates by entering your ZIP code on our marketplace. You can also call our experts to shop over the phone and sign up for a plan in minutes.

Explore our best energy providers

Having as many energy options as you do in a deregulated market can feel overwhelming. To help, we’ve highlighted a few of our most popular electricity providers across Texas. Some of the top energy providers on our marketplace include TXU Energy, Gexa Energy, and 4Change Energy. Find out what these providers—and more like them—have to offer.

Shop these and numerous other energy providers by entering your ZIP code on our marketplace today.

Lubbock Power & Light is Lubbock’s utility

Unlike your electric provider, the utility company is set based on your location. The utility delivers power to homes and businesses and restores it during outages, while the provider sells electricity to customers at a retail rate. In Lubbock, the utility company is Lubbock Power & Light (LP&L). Now that Lubbock has a deregulated market, LP&L no longer sells energy directly to its customers. However, LP&L is still responsible for delivering energy and managing the electric infrastructure as the city’s local utility company. If your power goes out, LP&L’s meters automatically notify them of the problem, but you can also report the outage by calling 806-775-2509. Use the online outage tracker to see when your power will be restored.

Types of Lubbock electric plans

The Choose Texas Power marketplace offers a variety of energy plans for you. Here’s an overview of common electric plan types you may encounter in Lubbock:

• Fixed-rate plans: This type of plan provides stability and protection from price spikes. Your Lubbock electricity rate remains constant for a specific term length — usually 12 to 36 months. An early termination fee (ETF) may apply if you cancel before the contract ends, unless you move outside the service area.
• Variable-rate plans: If you want more flexibility, a variable-rate plan lets you avoid a contract and switch plans anytime. Your electricity rate can fluctuate month to month, so while you can save money during low-demand periods, price spikes are also a risk.
• No-deposit electricity plans: Many plans require a credit check or deposit before your electricity service begins. To avoid paying a deposit or having your credit checked, look for a provider with no-deposit electricity options, such as prepaid energy plans, where you pay for your electricity in advance and top up your account as needed.
• Time-of-use plans: A time-of-use (TOU) plan contains rates that fluctuate based on electricity demand. During times of low demand, such as late at night, you can enjoy a decreased rate. However, your rate may increase during peak hours, like mornings and afternoons. This plan could be advantageous if you are comfortable shifting your usage to capture lower rates during off-peak hours.

Understanding Lubbock electric rates

Electricity rates in Texas can vary based on your location and utility company. Each utility company has different delivery and transmission fees and taxes, depending on where you live.

Enter your ZIP code on our marketplace to find accurate, all-inclusive rates.

Commercial energy

Deregulation benefits more than just residential customers — businesses can also search for cheap electricity in Lubbock. Fill out our commercial energy form or call the number on your screen to speak to one of our commercial energy experts. We’ll help you build a customized energy plan for your business.

Green energy plans

Texas is a national leader in green energy generation. It holds the top position in wind energy production and ranks second for solar power generation. As a result, all electricity plans in Lubbock and other Texas cities include a portion of renewable energy.

Additionally, Lubbock electricity companies often provide competitive rates and options for 100% green energy plans. To determine the amount of green energy in a Lubbock electricity plan, examine its Electricity Facts Label (EFL).

For a 100% green energy plan, consider choosing Gexa Energy or Green Mountain Energy. These two Lubbock electric companies focus on plans with 100% renewable energy sources.

How to switch energy companies

Whether you’re moving to Lubbock or simply switching electric providers, Choose Texas Power is here to help you find the right plan for your needs. You’ll need to follow a few steps to switch providers or service addresses.

Moving to a new address

If you’re moving to Lubbock from another city in Texas, you may be able to transfer your service. Reach out to your electric company in Lubbock a few weeks before your move to explore your options. If you’re unable to transfer service, you can compare energy companies in Lubbock and find a new plan on our marketplace using your new ZIP code.

Switching energy providers

If you’re in the market for a new Lubbock energy plan, whether your energy needs have changed or you’re looking for a cheaper rate, the Choose Texas Power marketplace can help you find a better fit. Be sure to check your current contract to find out if you’ll have to pay an ETF before switching plans.

Lubbock energy FAQs

What is a good electricity plan in Lubbock?

A good electricity plan in Lubbock depends on your individual preferences. If you want stable rates, choose a Lubbock electric company with fixed-rate plans. For flexibility to switch plans, go for a variable-rate option. Whether you’re after the most budget-friendly electric companies or 100% renewable energy plans, the Choose Texas Power marketplace is the perfect tool. Compare and sign up for an affordable plan today by calling our experts.

Which providers typically have the cheapest electricity rates in Lubbock?

Currently, APG&E Energy offers the cheapest energy rates in Lubbock. Other cheap electricity companies in Lubbock include Express Energy, Frontier Utilities, and 4Change Energy. However, Lubbock electricity rates can change frequently. Be sure to use your ZIP code on the Choose Texas Power marketplace to find the most up-to-date prices in your area.

What is a good electricity rate in Lubbock?

Today, you can find Lubbock electricity rates on Choose Texas Power for as low as 11.6 cents per kWh from APG&E. Rates can vary depending on location, usage, contract term, and other factors. To find the best price for your needs, compare rates from at least three providers. Consider factors like contract types and terms, fees, and renewable energy options.

How can I lower my electricity bill in Lubbock?

There are many ways to lower your electricity bill in Lubbock. To reduce your energy usage, consider upgrading to energy-efficient appliances, using a smart thermostat, insulating your home, and turning off lights in unused rooms. You can also sign up for a cheaper electricity plan in Lubbock on Choose Texas Power.