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| APG&E - SimpleSaver 10 | 10 months | $0.095 / kWh |
| Express Energy - Flash Value 12 | 12 months | $0.096 / kWh |
| 4Change Energy - Maxx Saver Value 12 | 12 months | $0.096 / kWh |
| Discount Power - Bill Credit Bundle 12 | 12 months | $0.098 / kWh |
| Cirro - Simple Bill Credit 24 | 24 months | $0.099 / kWh |
| Frontier Utilities - Frontier Saver Plus 12 | 12 months | $0.103 / kWh |
| Gexa Energy - Gexa Eco Saver Plus 12 | 12 months | $0.104 / kWh |
| Atlantex Power - Radiance1000 12 | 12 months | $0.122 / kWh |
| Veteran Energy - Valor 12 | 12 months | $0.132 / kWh |
| TXU Energy - Smart Edge 12 | 12 months | $0.139 / kWh |
| TriEagle Energy - Real Deal 12 | 12 months | $0.139 / kWh |
| Constellation - 12 Month Usage Bill Credit | 12 months | $0.147 / kWh |
| Reliant - Reliant Power Savings 12 plan | 12 months | $0.155 / kWh |
| Direct Energy - Live Brighter Lite 12 | 12 months | $0.165 / kWh |
| Rhythm Energy - Clear Choice 12 | 12 months | $0.170 / kWh |
| Green Mountain - Pollution Free Conserve 12 Preferred | 12 months | $0.175 / kWh |
| Payless Power - 6 Month - prepaid | 6 months | $0.186 / kWh |
Please note: All rates above are accurate as of 10/05/2025, 3:12:00 PM CDT for ZIP Code 76701. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
In a traditional energy market, consumers are required to buy power from their utility company. But energy deregulation gives Waco residents and business owners the power to choose their electricity plan and provider. This allows you to find the best provider and plan for your individual needs.
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In Waco, the average rate on the Choose Texas Power marketplace for 500 kWh in 2025 is 20.49 cents per kilowatt-hour (kWh), marking a .24% increase from 2024. The rates for the 1,000 kWh and 2,000 kWh usage levels are 13.66 cents and 16.05 cents, respectively, which are 13.05% and 6% lower compared to the average rates in 2024.
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.
Provider |
Best known for |
Our rating |
|---|---|---|
| TXU Energy | Offering a diverse selection of plans | 5/5 |
| Gexa Energy | 100% green energy plans at an affordable cost | 4.9/5 |
| 4Change Energy | Donating 4% of its annual profits to Texas charities | 5/5 |
| Express Energy | Attentive customer service | 5/5 |
| TriEagle Energy | Transparent, fixed-rate plans | 4.9/5 |
| Frontier Utilities | Low-cost, straightforward power plans | 4.8/5 |
| Veteran Energy | Its mission to help veterans and their families | 5/5 |
Shop these and numerous other energy providers by entering your ZIP code on our marketplace today.
While you can choose your electricity provider in a deregulated market, your utility company is determined by your address and cannot be changed. Utilities deliver electricity, maintain power lines, and restore service during power outages. The utility company for Waco is Oncor Electric Delivery. In the event of a power outage or electrical emergency, call your utility company, not your provider. Here’s how to contact Oncor:
All utility companies charge a transmission and distribution utility (TDU) fee for delivering electricity. This includes a base monthly charge and a usage charge per kWh. Oncor Electric Delivery charges $4.23/month and 5.6032 cents/kWh.
Understanding the different types of energy plans can help you pick the right electricity company in Waco. Here are the three main types of electricity plans available to Waco residents:
The price you pay for electricity depends on where you live and which utility services your area. Because of varying supply and delivery charges, the rate someone pays in another part of Texas might differ from what you pay in Waco, even if you have the same plan. For this reason, it’s best to search for electricity plans using your ZIP code to find the most up-to-date pricing for your area.
Our marketplace makes searching for the best electric company near you easy. Enter your ZIP code on this page to find a list of the Waco light companies and rates available in your area. From there, you can filter for your preferences, choose the best plan for your energy needs, and sign up in minutes.
Business owners can also take advantage of deregulated energy and may reduce costs by switching electricity providers. To learn more about commercial electricity rates and get a customized quote, call the number on your screen or fill out our business energy form.
Texas is one of the top states in the nation for wind and solar energy generation, which makes it easy for Waco residents to find renewable energy plans.
In fact, each Texas electricity plan includes some amount of green energy. To learn how much green energy is in your energy plan, check out the Electricity Facts Label (EFL), which breaks down all the fine print.
Eco-conscious residents and business owners can also choose an energy plan powered by 100% renewable energy. If you want to minimize your carbon footprint, check out plans from fully green Waco energy providers like Green Mountain Energy and Gexa Energy.
Waco’s deregulated energy market gives you a chance to save on your electricity bills. Whether you’re a long-time resident or new to the area, you can use Choose Texas Power to compare electric rates in Waco and find an energy plan for your home.
If you’re moving to Waco, check with your current provider a few weeks before your move to see if they service your new address. If not, you’ll need to sign up for a new plan. Choose Texas Power makes it easy to sign up for an electricity plan at your new address, just enter your ZIP code on this page to get started.
Alternatively, if your provider offers service in your new location, you can bring your plan with you. Inform your provider of your move ahead of time to ensure service will be ready in your new home.
Whether you don’t like your current plan or want to find cheaper electricity in Waco, switching energy providers is a simple way to find the right fit. If you have a fixed-rate plan, you may have to pay an ETF if you’re switching before your contract is up. You can use our marketplace to compare rates and features that best fit your needs. Once you sign up for a new plan, your new provider will handle the switch with your utility company with no interruption to your service.
Some of the lowest electricity prices in Waco come from APG&E. Keep in mind that your rates depend on your energy usage and the type of plan you choose.
Choose Texas Power offers a one-stop shop for comparing Waco electricity rates and switching plans in one simple process. Enter your ZIP code on this page to get started.
Currently, the average Waco resident pays $156.54 per month for their electricity. Your typical bill in Waco will depend on your electricity rate, along with your home’s energy efficiency and your usage habits.
There are many trusted light companies in Waco. To find a provider that meets your needs, you’ll first want to identify your energy priorities. Do you prefer predictable fixed rates or the flexibility to change plans when you want? Do you want to minimize your carbon footprint? Would you like to avoid a credit check? Consider these questions to help you filter your search results and find the right match.
Let us put the power in your hands with a new electricity plan.
