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On average, homes in Richmond use around 1,250 kWh of electricity per month. Your actual usage will depend on many factors, like the size and age of your home and your electricity usage habits. In Richmond, you will find rates ranging from 7.3¢ to --- per kWh. Check out a few available electricity rates in Richmond below to kick off your search. Enter your ZIP code into Power Wizard’s comparison tool to see rates and plans in your area.
| Plan Name | ¢/kWh | Est. Bill | Term | Rating |
|---|---|---|---|---|
| APG&E - SimpleSaver 12 | 7.3¢ | $73.00 | 12 mos. | 4.8 |
| Energy Texas - The Lone Saver Plus 12 | 7.4¢ | $73.70 | 12 mos. | 4.7 |
| Rhythm Energy - Rhythm Max Saver 12 | 7.4¢ | $73.70 | 12 mos. | 4.8 |
| 4Change Energy - Maxx Saver Value 12 | 7.5¢ | $75.00 | 12 mos. | 4.9 |
| Frontier Utilities - Frontier Saver Plus 12 | 7.5¢ | $75.00 | 12 mos. | 4.8 |
| Gexa Energy - Gexa Eco Saver Plus 12 | 7.5¢ | $75.00 | 12 mos. | 5 |
| Companion Energy - Companion Savings + Benefits 12 | 7.5¢ | $75.00 | 12 mos. | 4.3 |
| Express Energy - Flash Value 12 | 7.5¢ | $75.00 | 12 mos. | 4.7 |
| Chariot Energy - GridPlus 12 | 7.6¢ | $76.00 | 12 mos. | 4.4 |
| Octopus Energy - Octopus Lite 12 | 8.8¢ | $88.20 | 12 mos. | 4.1 |
As the county seat of Fort Bend County and located only about 30 miles southwest of Downtown Houston, Richmond residents have access to a wide variety of electricity companies (also called Retail Electric Providers, or REPs). Because of Texas’ deregulated energy market, those living in Richmond can decide which REP they buy an electricity plan from. Every REP is different, so be sure to take some time to look into each one. Power Wizard’s energy experts have highlighted some local providers to help you get started.
| Electricity Company | Best For | Rating |
|---|---|---|
| 4Change Energy | Makes annual donations to charities and has multiple simple, low-rate, fixed-rate electricity plans | |
| Veteran Energy | Aims to keep plans priced competitively and backs organizations providing support for veterans | |
| Frontier Utilities | Has a wide range of affordably priced electricity plans and a 60-day satisfaction guarantee for eligible new customers | |
| Payless Power | Mainly has prepaid and no-deposit plans, but also has a small selection of fixed-rate, postpaid offerings | |
| Express Energy | Focuses on electricity plans with various contract length options and easy-to-understand structures | |
| CleanSky Energy | Focuses on green electricity plans supported by renewable wind and solar sources | |
| Companion Energy | Maintains partnerships with various pet organizations and offers built-in benefits for pets with their electricity plans | |
| Gexa Energy | Consistently offers exceptional customer service and has several account management tools, both online and in a mobile app | |
| Rhythm Energy | Provides customers with multiple helpful digital account tools and a variety of renewable energy options | |
| Chariot Energy | Offers solar energy-backed electricity plans at competitive rates | |
| Energy Texas | Emphasizes transparent electricity plans and pricing and offers a 30-day satisfaction guarantee (called the 30-Day Test Drive) for eligible new customers | |
| Atlantex Power | Provides customers with educational content about electricity and keeps online enrollment simple | |
| Octopus Energy | Focuses on electricity plans backed by renewable energy sources, several of which can be paired with smart home devices |
You can switch REPs without paying an early termination fee as long as the switch is scheduled within 14 days of your current contract’s expiration. You may also avoid an ETF when moving by providing a forwarding address and, if requested, reasonable proof that you no longer live at the service address. Read your Electricity Facts Label (EFL) or speak with your provider for information specific to your plan.
Changing your REP may sound like a hassle, but it doesn’t have to be. Get it done in just a few steps with Power Wizard.
You can do everything directly through Power Wizard’s website instead of hopping between provider portals or making long spreadsheets. Once you’re signed up, your new REP will complete the switch for you with little to no disruption to your electricity service.
Like the rest of the greater Houston metropolitan area, Richmond has a subtropical climate that can lead to long periods of heat and humidity. These often cause residents to use more electricity to keep their homes cool. Electricity rates can rise with this increased demand, so you may want to consider signing up for a fixed-rate, long-term contract in milder seasons like spring and fall when rates tend to be lower. This can help you avoid higher prices throughout the year.
Electricity companies, or REPs, in Richmond create plans, set rates, and manage the billing for residents. Every REP has different offerings, and residents can buy from any REP that serves their address.
The utility company—referred to as a Transmission and Distribution Utility, or TDU—delivers electricity rather than sells it. In Richmond, the TDU is CenterPoint Energy. It owns and maintains the local grid infrastructure and is assigned to residents based on their location. Because of this, you cannot choose or change your TDU.
CenterPoint Energy also dispatches repair crews to fix local power outages. You can report an outage to them by:
Like all other TDUs in Texas, CenterPoint charges delivery fees to every customer in its service area. Currently, CenterPoint’s fees include a base charge of $4.90 per month plus $0.05 per kWh.
TDU delivery fees are regulated by the Public Utility Commission of Texas (PUCT) and charged to every customer in a TDU’s service area, regardless of who their REP is. These fees may be updated periodically, but changing REPs will not impact them.
Families living in historic homes in the renowned downtown area of Richmond likely use electricity differently from a commuter living in an apartment along FM 1464. REPs serving Richmond offer several types of electricity plans to fit different needs, lifestyles, and budgets. Power Wizard’s energy experts have broken down the most common ones below. Every plan is unique, so make sure you read the EFL before committing.
| Plan Type | Best For | Price Stability | Contract Length |
|---|---|---|---|
| Fixed-Rate | Long-term residents | High | 3–36 months |
| Variable-Price | Short-term flexibility | Low | Typically month-to-month |
| Time-of-Use | Night/weekend users | Medium | 6-36 months |
| Bill/Usage Credit | Households with consistently medium to high electricity usage | Medium | 6-36 months |
| Prepaid/No-Deposit | Those with poor or limited credit histories | Medium | Typically month-to-month, but it varies by provider and plan. |
| Renewable Energy | Any household that prioritizes sustainability | High | 6-36 months |
| Solar Buyback | Households with solar panels | Medium | Varies |
Fixed-rate electricity plans are designed to keep your energy rate more consistent over the length of your contract. While your total monthly bill can still change based on your electricity usage, TDU delivery charges, taxes, and other fees, the actual energy charge stays more stable for the term of the plan. Many Richmond households choose fixed-rate plans for added predictability and easier budgeting during high-demand seasons.
| Plan Name | ¢/kWh | Est. Bill | Term |
|---|---|---|---|
| APG&E - SimpleSaver 24 | 7.6¢ | $76.00 | 24 mos. |
| Rhythm Energy - PowerShift Payback 12 | 13.1¢ | $131.00 | 12 mos. |
| Energy Texas - Come & Take It 12 | 13.2¢ | $132.40 | 12 mos. |
| BKV Energy - Lantana 12 | 13.4¢ | $134.00 | 12 mos. |
Variable-price electricity plans have energy charges (the per-kWh rate) that can change monthly depending on energy market conditions, seasonal demand, and other factors determined by your REP. These plans usually do not require long-term contracts, which can make them useful for short-term renters or customers who want added flexibility. However, electricity prices may increase unexpectedly during periods of high demand.
| Plan Name | ¢/kWh | Est. Bill | Term | |
|---|---|---|---|---|
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Time-of-use (TOU) electricity plans offer lower rates or advertise free electricity during certain parts of the day with lower demand, such as nights or weekends. Electricity used outside of those periods typically costs more. These plans are often a better fit for households that can shift activities like laundry, EV charging, or running large appliances to evenings, overnight hours, or other reduced-rate periods. If you can’t shift your usage these plans can end up costing you more.
| Plan Name | ¢/kWh | Est. Bill | Term |
|---|---|---|---|
| Chariot Energy - Free Days 36 | 14.3¢ | $143.00 | 36 mos. |
| CleanSky Energy - Free Nights 12 | 16.1¢ | $161.00 | 12 mos. |
| Frontier Utilities - Frontier Free Weekends Preferred 12 | 17.7¢ | $177.00 | 12 mos. |
| Gexa Energy - Free 3 Day Weekends Preferred 12 | 19.3¢ | $193.00 | 12 mos. |
Bill (or usage) credit plans provide bill credits (typically fixed dollar amounts, like $50 or $75) when your monthly electricity usage reaches a qualifying threshold, such as 1,000 kWh or 2,000 kWh. If your home consistently hits the target usage, these plans may help lower your effective electricity costs. Homes with highly variable monthly usage may see less predictable savings.
| Plan Name | ¢/kWh | Est. Bill | Term |
|---|---|---|---|
| APG&E - SimpleSaver 12 | 7.2¢ | $72.00 | 12 mos. |
| Rhythm Energy - Rhythm Max Saver 12 | 7.4¢ | $73.70 | 12 mos. |
| Energy Texas - The Lone Saver Plus 12 | 7.4¢ | $73.70 | 12 mos. |
| Frontier Utilities - Frontier Saver Plus 12 | 7.5¢ | $75.00 | 12 mos. |
Prepaid electricity plans allow customers to pay for electricity in advance rather than receiving a monthly bill. Your electricity usage is deducted from your prepaid balance as you consume energy. These plans are often chosen by customers looking to avoid large deposits or credit checks, though they typically require closer account monitoring and regular balance reloads to avoid service disruptions.
| Plan Name | ¢/kWh | Est. Bill | Term |
|---|---|---|---|
| Payless Power - 12 MONTH - PREPAID | 19.0¢ | $190.00 | 12 mos. |
Renewable energy plans help support electricity generated from green sources such as wind, solar, and hydroelectric power through the use of Renewable Energy Certificates (RECs). Depending on the provider, renewable energy options may be available as fixed-rate, variable-rate, bill credit, or time-of-use plans. Richmond residents typically choose these plans to support cleaner energy production without installing solar panels at home.
| Plan Name | ¢/kWh | Est. Bill | Term |
|---|---|---|---|
| Rhythm Energy - Rhythm Max Saver 12 | 7.4¢ | $73.70 | 12 mos. |
| Gexa Energy - Gexa Eco Saver Plus 24 | 8.0¢ | $80.00 | 24 mos. |
| BKV Energy - Lantana Green 12 | 13.7¢ | $137.00 | 12 mos. |
| Atlantex Power - Luminous Green 14 | 13.9¢ | $139.30 | 14 mos. |
Solar buyback plans are intended for homeowners with installed solar panel systems. These plans allow excess electricity generated by your solar setup to be sent back to the power grid in exchange for bill credits. Depending on your plan details and how much energy your system produces, solar buyback credits may help reduce your overall electricity costs throughout the year.
| Plan Name | ¢/kWh | Est. Bill | Term |
|---|---|---|---|
| Chariot Energy - Shine 36 | 16.0¢ | $160.00 | 36 mos. |
| Gexa Energy - Gexa Solar Export Saver 12 | 17.0¢ | $170.00 | 12 mos. |
Yes, businesses in Richmond can also choose which REP they purchase electricity from. Many REPs offer businesses customized rates and plans, as well as dedicated account managers and specialized energy tools. There are options for all kinds of businesses, from healthcare clinics in the Westpark Tollway area to restaurants on Grand Parkway and beyond.
For help finding the right plan for your operations, visit Power Wizard’s Business Electricity page and get connected with an energy expert.
When comparing electricity plans, consider how your household uses electricity throughout the month, how much power you typically consume, and which pricing structure matches your routine. Here are some tips for finding the best fit for your household:
Ready to compare your options? Enter your Richmond ZIP code into Power Wizard’s electricity comparison tool to shop rates, providers, and plan types side by side.
There are dozens of electricity providers in Richmond, TX due to Texas deregulation. Residents can choose which provider they purchase electricity from based on their needs and preferences.
There are dozens of active electricity plans in Richmond with rates ranging from 7.3¢ to --- per kWh. The average electricity rate in the city at 1,000 kWh is 14.8¢ per kWh. Your actual rate may vary depending on your location within Richmond, home size and type, and usage level.
Yes, many REPs offer same-day electricity service in Richmond. Same-day electricity service may be available from some REPs in Richmond if you enroll before the provider’s cutoff time (each provider has its own cutoff time) and the address is eligible for remote connection, typically where a smart meter is installed.
Many Richmond electricity plans include bill credits or pricing incentives that activate once your usage reaches 1,000 kWh. That can lower the advertised average rate at that usage level compared to lower monthly usage amounts.
Yes, Richmond, TX is deregulated. This means residents can choose their REP. However, the TDU for the city is CenterPoint Energy, regardless of the chosen REP.
