Are you ready to save hundreds on your electricity bill?

You’re shopping for an electric plan in Waco but for some reason, you’re thinking about prom.

You had to pick a date, and let’s be honest…the options weren’t great. 

You had to choose between asking a jock who wouldn’t dance, a shy person who would ignore you the whole night, or a theater kid who would draw wayyyyy too much attention. Too bad there wasn’t a tool to help you find the nicest person to ask to prom. 

As you scroll through pages and pages of electric plans, you feel like you’re picking a date…and the options aren’t great.

But wait! We can’t reverse your uncomfortable experience with prom but we can help you choose the best electric plan!

Power Wizard’s Shopping Tool can find you the right electric plan in less time than it took you to tease your hair for prom!

 

Electricity Rates Waco:

As an electricity consumer, your biggest concern is your wallet.

You want to know, “How much is electricity in Waco?”

More importantly, you want to know exactly how much you’ll have to pay for your electricity bill each month in Waco. In an ideal world, you would know, down to the cent, how much you’ll have to pay each month.

This section will share exactly how much current electricity rates are in Waco, TX.

Before you scroll down and read the rates for electricity in Waco, please read this section. If you don’t read this section, you might overspend on your electricity bill. It could cost you hundreds.

1. Simply looking at electricity rates in Waco is the wrong way to search: The price per kWh most likely isn’t the final price that you’ll be paying.What do we mean by this? Here’s a story that’ll explain why the price per kWh is just one component of your electricity bill.There’s a man named Mike. Mike currently lives in Dallas but is looking to move to Waco. He starts searching for an electricity company and plan in Waco. He goes to Google and types in “Best electricity rates in Waco.”He thinks that the best electricity plan for him will simply be the cheapest price per kWh. Mike is a logical person and this is how most other people do it. How could the cheapest rate not be the best plan for him?He buys the cheapest rate in the Waco area, which is 7.8¢ per kWh.

   Mike, like most other people in Waco, Texas searching for electricity, made a huge mistake:

   Mike didn’t consider his historical electricity usage or read the fine print of the contract.

   Mike purchased a Waco electricity plan that requires him to use a minimum of 2.000 kilowatt-hours each month.

   2,000 kWh is a lot.

   Mike lives in a modest 1,750 square foot home. He doesn’t use that much electricity. During the first month with his plan, Mike only uses 1,397 kWh.

   This is a problem:

   Because Mike didn’t reach the “minimum usage requirement,” his rate increases from 7.8¢ per kWh to 9.9¢ per kWh. How is this possible? Well, it was written in the contract that he signed. But Mike didn’t read it.

   This increases his electricity bill by more than $50 each month.

   As you can see, the price per kWh doesn’t tell the whole story.

   Discover the best electricity rates.

   Power Wizard finds you the best electricity plan and ensures you won’t overpay for electricity again.

   Find the Best Plan →

   Learn More in Under 2 Mins
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2. Hidden Fees. Many electricity plans in Waco, Texas have hidden fees.On the surface, the plans look amazing. They have low rates. They have no deposit. They give you free nights and weekends. But after reading to the fine print, you notice that there are multiple hidden fees that could cost you hundreds of dollars over the course of your contract.
3. Contract Renewal Upcharge. Some plans in Waco Texas will automatically charge you a higher rate after you renew your initial contract (without notifying you).Here’s an example: You buy a 6-month electricity plan at 8.6¢ per kWh. After your 6-month contract is up, your rate automatically increases to 9.3¢ per kWh.How can electricity companies in Waco, Texas do this?As long as they put it in the contract, and you sign the contract, they are ethically allowed to do this. Be careful.
4. Types of Plans. Electricity providers in Waco have different types of plans that you can buy. Some of these electricity plans might include:
   • Free nights and weekends
   • A free gift if you sign up (like a Google Home)
   • No initial deposit
   • Prepaid lights
   • No deposit lights
   • And more

Compare Electricity Rates Waco:

Here are up-to-date rates for electricity in Waco, Texas. You can easily compare these rates. You can click on these rates to find out if they’re the best rates for you.

Plan NamePlan LengthPlan Rate

INFUSE – Essential Infusion Plan	6 months	12.0 ¢ / kWh
FIRST_CHOICE – You Got This™ – Fixed	12 months	12.7 ¢ / kWh
ENERGY_TEXAS – Come & Take It	12 months	12.7 ¢ / kWh
DIRECT – Green Texas – Fixed	12 months	13.0 ¢ / kWh
YEP – YEP Saver Fixed Autopay E-Plan	6 months	12.8 ¢ / kWh
SOUTHWEST – Texas Saver Fixed Rate Autopay E-Plan	6 months	12.8 ¢ / kWh
DISCOUNT – Saver	12 months	12.7 ¢ / kWh
VETERAN – Basic	12 months	12.8 ¢ / kWh
SPARK – Choose	15 months	12.8 ¢ / kWh
CIRRO – Smart Simple	12 months	12.8 ¢ / kWh

What’s the Best Electricity Rate in Waco?

This isn’t the question that you should be asking.

Instead, you should be asking, “What’s the best electricity plan for my home and my usage?”

Here’s why:

The “best electricity rate” in terms of the price per kWh might not be the best rate for you.

The cheapest electricity rate in Waco might be 8.1¢ per kWh. But that might not be the best plan for you. That plan might be for a maximum of 1,000 kWh per month, designed for people who live in smaller apartments. And you might live in a large home.

How to Choose Electric Company in Waco?

You live in Waco and you want to know a step-by-step process on how to choose the best electric company for you:

Well, there are two options. Most people search for electricity companies in Waco incorrectly. They spend more time, energy, and usually more frustration with this first process.

The first way to choose an electric company in Waco is to search through all of the electricity companies and their plans manually.

In Waco, there are more than 100 electricity companies. If you add up all of the plans available to you within these companies, it would likely be more than 2,000 plans.

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If you chose to do this process, here’s what it would likely look like:

1. To prepare, you brew yourself a large cup of coffee and take an aspirin or two.
2. You start searching online for all of the available electricity companies in Waco. It takes you two hours to get through 7 websites, and there are more than 90 to go.
3. You try to create a comprehensive Excel spreadsheet to manage all of the different electricity companies and plans, but end up confusing yourself more than helping yourself.
4. After two days of frustrating and agonizing searching, you finally play “eenie meenie miney mo” and choose an electricity company that way.

The worst part about this first way to search for electricity companies in Waco?

At the end of it all, there’s no guarantee that you’ll choose the best electricity company in Waco for your unique energy needs.

The second way to choose an electricity company in Waco, Texas is to use Power Wizard’s Shopping Tool.

Here’s how our unbiased algorithm works:

1. You enter your zip code into the box below.
2. You answer a couple of relevant questions about your home, such as your home’s size, your historical electricity usage, and other easy-to-answer questions.
3. Within a couple of seconds, our algorithm will search through all of the available plans in your area to determine which one matches your unique energy needs.
4. We make the sign-up process easy, so you can get electricity flowing to your home, apartment, or business as soon as possible.
5. After you buy, we continue to monitor your electricity plan and usage. If another plan in Waco, Texas enters the market that’s a better fit for you, then we’ll help you switch.

The best part about using Power Wizard.

It takes less than 10 minutes to get set up.

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Light Companies in Waco

There are many light companies that supply electricity to the Waco area.

Because of deregulated electricity, any REP in Texas can service Waco residents.

What’s the Best Electric Company in Waco?

This question is almost as ridiculous as asking one person in Waco, “What is your favorite food?” and assuming that every other person in Waco will have the same answer.

The answer to the best electric company in Waco depends on the person.

• No two homes in Waco use electricity the same way.
• No two apartments in Waco use electricity the same way.
• No two businesses in Waco use electricity the same way.

The best plan for your neighbor down the road is likely not going to be the best plan for you.

How do you find the best Waco electric company for your energy needs?

You can manually search through every electricity company in Waco and read through all their plans.

Or you can use Power Wizard’s unbiased algorithm that’ll help you choose the best electricity company and plan based on your needs. Our Shopping Tool takes less than 5 minutes.

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Flat Rate Electricity Waco

There are many flat-rate electricity plans in Waco.

But, have you thought about:

• What a flat rate plan is?
• If a flat rate plan is best for you?
• Why flat rate plans might be beneficial or harmful?

To find out if a flat-rate electricity plan is best for you, use Power Wizard’s Shopping Tool below. After sharing your home’s size, age, zip code, and more, our unbiased algorithm will compare hundreds of plans to find the best one for you.

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Prepaid Electricity Waco

There are many prepaid electricity plans in Waco.

But, have you thought about:

• How prepaid electricity plans work?
• If a prepaid electricity plan is best for you?
• Why prepaid electricity plans might be beneficial or harmful?

Use our Shopping Tool to determine if a prepaid electricity plan in Waco is right for you. If it is, we’ll share the best prepaid electricity plan with you.

Average Electric Bill In Waco

This question is almost as ridiculous as asking, “What’s the average cost of a home in Waco?”

Why is it a ridiculous question?

There is a huge variety in electric bill costs based on people’s individual lifestyles and needs. Even if we did know the average price for an electricity bill in Waco, it likely wouldn’t relate to your specific needs.

The electricity bill for a single, 25-year-old living in an apartment in Waco is going to be way different than a family of six living in a larger home in Waco.

Looking for the “average” electric bill will likely not help you.

Again, everyone’s home and usage are different. You are likely to be higher or lower than the average.

Here’s some information we do know about electricity rates in Texas. Texas households pay an average of 11.85¢ per kWh. The residents in Waco likely pay an average rate that’s very similar to this.

Electricity News:

• In the summer of 2019, electricity prices spiked in Waco. Some consumers were paying more than 20% higher rates than normal. This was due to the intense summer heat that caused citizens of Waco to ramp up their electricity usage.
• Electricity consumers in Texas could save a lot of money, nearly $5.5 billion, if Texas regulators decided to add additional backup generators, solar rooftops, and more.
• Electricity consumers during the fall of 2019 and winter of 2019-2020 can expect to pay a higher electricity rate as REPs are still recovering from the hot summer months and limited electricity supply.

Neighborhoods in Waco:

• Alta Vista
• Austin Avenue (also called Castle Heights)
• Baylor
• Brazos
• Brook Oaks
• Brookview
• Carver
• Cedar Ridge
• Dean Highland
• East Riverside
• Heart O’ Texas (also called Lake Air)
• Kendrick
• Landon Branch
• Mountainview
• North Lake Waco
• North Waco
• Oakwood
• Parkdale
• Richland Hills
• Sanger Heights
• Timbercrest
• University
• Viking Hills

Waco Zip Codes

• 76701
• 76702
• 76703
• 76704
• 76705
• 76706
• 76707
• 76708
• 76710
• 76711
• 76714
• 76798
• 76799