Power Wizard is an independent electricity marketplace offering clear and unbiased information. The companies and partners featured do not have any influence on our editorial process even when we showcase their products. Learn more.
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.
| Provider | Plan | ¢/kWh | Est. Monthly Bill | Term | Rating | Checkout Link |
|---|---|---|---|---|---|---|
| APG&E | SimpleSaver 12 | 7.2¢ | $72.00 | 12 months | 4.8 | Checkout |
| Express Energy | Flash Value 12 | 7.4¢ | $74.00 | 12 months | 4.7 | Checkout |
| 4Change Energy | Maxx Saver Value 12 | 7.4¢ | $74.00 | 12 months | 4.9 | Checkout |
| Frontier Utilities | Frontier Saver Plus 12 | 7.4¢ | $74.00 | 12 months | 4.8 | Checkout |
| Companion Energy | Companion Savings + Benefits 12 | 7.4¢ | $74.00 | 12 months | 4.3 | Checkout |
| Gexa Energy | Gexa Eco Saver Plus 12 | 7.4¢ | $74.00 | 12 months | 5 | Checkout |
| Chariot Energy | GridPlus 12 | 7.7¢ | $77.00 | 12 months | 4.4 | Checkout |
| Energy Texas | The Lone Saver 14 | 7.9¢ | $79.30 | 14 months | 4.7 | Checkout |
| Rhythm Energy | Rhythm Saver 14 | 7.9¢ | $79.30 | 14 months | 4.8 | Checkout |
| Octopus Energy | Octopus Lite 12 | 8.0¢ | $80.30 | 12 months | 4.1 | Checkout |
Electricity rates in Texas are often lower during spring and fall when temperatures are milder and demand is lower.
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.
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 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 offer a stable energy charge per kilowatt hour (kWh) throughout your entire contract. This simple plan structure works well for most Texas homes.
These are fixed-rate plans that source 100% of their energy from renewable sources, such as solar, wind, and hydro.
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 serves residential and business customers across most deregulated Transmission & Distribution Utilities (TDUs), including:
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:
Want to compare more providers before committing? Enter your ZIP code into Power Wizard’s comparison tool now!
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.
