Thanks to deregulation, there’s no shortage of electricity companies in Waco, TX. This makes finding an energy plan that works with your lifestyle and budget easier than ever, but it can quickly become overwhelming. Power Wizard’s energy experts have highlighted a few of the top local plans and retail providers to help fuel your search.
| Provider | Plan | ¢/kWh | Est. Monthly Bill | Term | Rating | Checkout Link |
|---|---|---|---|---|---|---|
| APG&E | SimpleSaver 9 | 9.5¢ | $95 | 9 months | 4.2 | Checkout |
| Frontier Utilities | Frontier Saver Plus 12 | 9.6¢ | $96 | 12 months | 4.8 | Checkout |
| Gexa Energy | Gexa Eco Saver Plus 24 | 9.6¢ | $96 | 24 months | 4.8 | Checkout |
| Chariot Energy | GridEdge 12 | 9.8¢ | $98 | 12 months | 4.4 | Checkout |
| 4Change Energy | Maxx Saver Value 24 | 9.9¢ | $99 | 24 months | 4.9 | Checkout |
| Express Energy | Flash Value 24 | 9.9¢ | $99 | 24 months | 4.7 | Checkout |
Texas began deregulating its electricity market in 2002, and Waco was part of the shift. Before deregulation, residents had no choice in their electricity provider—the local utility company set the rates, and everyone paid the same. Once the market opened up, competition moved in. Now, multiple retail electricity providers serve Waco, each offering their own pricing, plan types, and contract terms.
So, what does this mean for your electricity rates in Waco? In short, they can vary. Providers compete for your business by offering different plans and incentives. This allows you to find a retail electricity provider, plan, and rate that meets your needs and budget.
With Power Wizard, switching electric companies in Waco, TX, doesn’t have to be a hassle. All you have to do is:
You can switch providers at any time. However, ending your current contract early may trigger an Early Termination Fee (ETF). Depending on your situation, paying the ETF may be worth the savings you could get with your new REP.
Waco electricity rates tend to be lower in spring and fall due to lower energy demand. Shopping during these seasons can help you lock in a lower rate.
Energy needs vary. A student in a one-bedroom near Baylor University uses far less power than a family of five in a historic Castle Heights home. You shouldn’t have to accept a one-size-fits-all plan. Thankfully, power companies in Waco offer many types of electricity plans to suit your lifestyle, including:
Every electricity plan has an Electricity Facts Label (EFL). Make sure you read it carefully before enrolling to get a better understanding of contract terms and pricing details.
With Waco’s hot summers, sudden weather shifts, and a mix of apartments and family homes, it’s crucial to find an electricity plan that fits your usage habits and budget. Here’s what to consider before making your choice:
In Waco, your electricity service involves two separate companies: your utility company and your REP. Oncor Electric Delivery is the utility for Waco, and they’re responsible for maintaining the power lines, restoring service after outages, and delivering electricity to your home. You cannot choose your utility; it is assigned based on your location.
Residents can report a power outage to Oncor Electric Delivery by:
Your REP, on the other hand, is the company you choose to supply your electricity. Providers set your rate, offer plan options, and handle billing and customer service.
Your monthly electricity bill will include charges from your REP and a Transmission and Distribution Service Provider (TDSP) fee from Oncor. TDSP fees are regulated and stay the same across REPs, so switching providers won’t affect them.
Moving can be stressful and confusing. Instead of spending hours online researching your new utilities, use our setup guide to save time.
Atmos Energy provides natural gas services to homes in Waco. You can contact them at (888) 286-6700, Monday through Friday, from 7 am to 6 pm CT, to start your service.
Water and sewer services are provided by the City of Waco’s Water Division. You can set up your service by calling (254) 299-2489 Monday through Friday from 7:30 am to 5:30 pm CT. You can also email them at mywacocentral@wacotx.gov.
The City of Waco’s Solid Waste Department handles trash and recycling services for residents. You can contact them at (254) 299-2612, Monday through Friday, from 8 am to 5 pm CT. You can also email them at solidwasteinfo@wacotx.gov with any questions or concerns.
Don’t tackle your moving to-do list alone—Power Wizard offers a free Home Concierge service that can help you set up home services quickly (while gaining exclusive discounts!), so you can focus on enjoying your new Waco home.
Yes, some Waco electricity providers, like Payless Power, offer prepaid electricity plans. These don’t require a credit check or upfront deposit and don’t have long-term contracts, making them great for residents with poor or limited credit histories, individuals in short-term housing, and anyone who wants more control over their energy spending. Keep in mind, however, that you may need to make an initial payment to start a prepaid electricity service.
Not necessarily! Many REPs serve cities across Texas so that you can transfer your electricity plan to your new residence. However, it may be worth using Power Wizard to compare the plans available in your area before you move to ensure you’re getting the best fit for your new home.
Yes, many REPs, including Gexa Energy and Chariot Energy, offer renewable energy plans in Waco. Keep in mind that not all renewable energy plans are the same; some offer power from 100% renewable sources, while others provide a mix of renewable and traditional energy. Read your plan’s EFL for full details before enrolling.
Oncor Electric Delivery is the electric utility for Waco, meaning they maintain the power grid and infrastructure, including restoring power after an outage. While they have their own fees that will appear on your monthly energy bill, they do not handle billing issues directly—those are dealt with by your REP.
Many retail electricity providers charge an Early Termination Fee (ETF) for switching providers before your contract expires. The amount they charge varies depending on the terms of your electricity plan. If you’re switching providers due to a move or are canceling within 14 days of your current contract’s expiration date, the ETF will be waived.
