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Budget Power
Budget Power is a Texas-based Retail Electric Provider (REP) offering straightforward fixed-rate electricity plans with transparent pricing, simple contract terms, and customer service focused on clear communication and competitive renewal options.
Budget Power Rates in Texas: Pricing by kWh & Usage Tier
Budget Power’s fixed electricity rates are designed to be transparent and affordable. However, your exact rate depends on your location, plan type, and average consumption. Electricity rates in Texas are often lower during spring and fall when temperatures are milder and demand is lower. The time of year you enroll in your electricity plan can also impact your rate for the duration of your contract. Before committing to anything, read the Electricity Facts Label (EFL) to get a better idea of what you could pay each month.
Below are some of the top Texas electricity rates currently available on the Power Wizard marketplace. Pop your ZIP code into our plan comparison tool to view the electricity options in your area.
| Plan Name | ¢/kWh | Est. Bill | Term | Rating |
|---|---|---|---|---|
| APG&E - SimpleSaver 12 | 6.3¢ | $63.00 | 12 mos. | 4.8 |
| Gexa Energy - Gexa Eco Saver Plus 10 | 6.4¢ | $64.00 | 10 mos. | 5 |
| Energy Texas - The Lone Saver Plus 12 | 6.4¢ | $64.40 | 12 mos. | 4.7 |
| Companion Energy - Companion Savings + Benefits 12 | 6.5¢ | $65.00 | 12 mos. | 4.3 |
| Frontier Utilities - Frontier Saver Plus 12 | 6.5¢ | $65.00 | 12 mos. | 4.8 |
| 4Change Energy - Maxx Saver Value 12 | 6.5¢ | $65.00 | 12 mos. | 4.9 |
| Express Energy - Flash Value 12 | 6.8¢ | $68.00 | 12 mos. | 4.7 |
| Rhythm Energy - Rhythm Max Saver 24 | 6.8¢ | $68.00 | 24 mos. | 4.8 |
| Chariot Energy - GridPlus 12 | 6.9¢ | $69.00 | 12 mos. | 4.4 |
| Octopus Energy - Octopus Lite 12 | 8.8¢ | $88.20 | 12 mos. | 4.1 |
Pro Tip:
Electricity rates in Texas are often lower during spring and fall when temperatures are milder and demand is lower.
Who Is Budget Power? History, Ownership & Market Position
Budget Power is a Texas-based Retail Electricity Provider (REP) built around a simple idea: customers deserve straightforward pricing and excellent service. Under Capital Energy PA, LLC, Budget Power was created by industry veterans who believed electricity plans should be easy to understand and fairly priced.
Budget Power markets itself as avoiding ‘gimmicky’ plan structures and focuses on simple fixed-rate options, transparent terms, and clear communication so customers know what they signed up for. What sets Budget Power apart is its commitment to loyalty and service. The company emphasizes fair renewal rates that are comparable to what new customers receive, along with responsive customer support.
Budget Power Reviews: Customer Ratings, Complaints & Expert Score
Many Texas customers who review Budget Power online express generally positive feelings about the company’s competitive, straightforward rates and helpful customer support, often noting that bills match the quotes they received and that representatives are patient and responsive. Several reviewers recommend the provider to others for its affordable pricing and clear sign-up process. At the same time, some customers mention occasional administrative issues after enrollment.
Power Wizard’s energy experts have also taken the time to review Budget Power based on customer service, digital accessibility, and product variety.
| Overall PowerWizard Score | Rating Scale (1-5) |
|---|---|
| Overall Score | |
| Customer Service |  4.25 |
| Online Accessibility |  5 |
| Plan Options |  3.33 |
Budget Power Plan Types: Fixed-Rate & Renewable Options
Budget Power offers fixed-rate electricity plans with multiple term lengths, commonly 12-, 18-, 24-, and 36-month contracts. None of their plans have base charges.
Fixed-Rate Electricity Plans (12–36 Months)
Fixed-rate electricity plans offer a stable energy charge per kilowatt hour (kWh) throughout your entire contract. This simple plan structure works well for most Texas homes.
Pros:
- Easier budgeting
- Protection from energy market swings
- More predictable bills
Cons:
- Limited flexibility
- Early Termination Fee (ETF) if you cancel early
- No benefit if market prices drop
100% Renewable Electricity Plans
These are fixed-rate plans that source 100% of their energy from renewable sources, such as solar, wind, and hydro.
Pros:
- Supports green energy generation
- No special equipment needed
- Fixed rates make budgeting easier
Cons:
- Can be slightly more expensive than traditional fixed-rate plans
- Availability may vary by location
Budget Power vs Energy Texas vs Payless Power: Plan & Pricing Comparison
Before you decide whether Budget Power is the right REP for your household, let’s see how it compares to a few other local providers.
| Feature | Budget Power | Energy Texas | Payless Power |
|---|---|---|---|
| Overall Rating | |||
| Plan Types | Fixed-rate, green energy, business electricity | Fixed-rate, bill credit, green energy | Prepaid and postpaid (fixed-rate) |
| Top 12-Month Plan | Budget 12 CNP | Come & Take It 12 | 12 Month – Postpaid |
| Best Feature | Straightforward plans and excellent customer service | 30-Day Test Drive (satisfaction guarantee) and transparent rates | No deposit or credit check for prepaid plans and user-friendly usage tracking tools |
Budget Power Service Areas: Texas TDUs & Cities Covered
Budget Power serves residential and business customers across most deregulated Transmission & Distribution Utilities (TDUs), including:
- Oncor Electric Delivery: Includes cities like Dallas, Fort Worth, Plano, and Arlington
- CenterPoint Energy: Includes cities like Houston, Pasadena, and Sugar Land
- AEP Texas Central: Includes cities like Corpus Christi, McAllen, and Laredo
- AEP Texas North: Includes cities like Abilene and San Angelo
- Texas-New Mexico Power (TNMP): Includes cities like Texas City and Alvin
Is Budget Power Right for You? Pros, Cons & Ideal Customers
If you’re still unsure whether Budget Power is right for you, Power Wizard has you covered! This REP may be a good choice if:
- You live in a deregulated area of Texas
- You want simple fixed-rate plans
- You like having renewable energy options
- You want fair renewal rates
- Customer service quality is important to you
Want to compare more providers before committing? Enter your ZIP code into Power Wizard’s comparison tool now!
Budget Power FAQs: Rates, Contracts, Credit Checks & Business Plans
You can contact Budget Power Monday through Friday from 9 am to 5 pm CT by calling 1 (888) 699-0747. You can also email them at care@budgetpowertx.com or fill out their online form.
Yes, Budget Power has Early Termination Fees (ETFs) for customers who cancel their plans before they expire. These are fixed, one-time payments (amount varies by plan). However, an ETF may not apply if you’re canceling due to a move or are within the final 14 days of your contract.
No Budget Power does not offer a satisfaction guarantee.
Yes, like most Texas REPs, Budget Power requires a credit check during enrollment. If your credit score does not meet their minimum requirements, you may have to pay a deposit.
Budget Power offers custom electricity plans for businesses of all sizes. If you need help finding the perfect plan for your Texas business, visit Power Wizard’s Business Electricity page to be connected with an energy expert.