CenterPoint Energy · Richmond

Cheapest Fixed Rate Electricity Plans in Richmond, TX

Fixed-rate electricity plans lock in your price per kWh for the full length of your contract — typically 6, 12, or 24 months. That means your energy charge stays exactly the same whether summer demand spikes or wholesale prices surge. For Richmond households on CenterPoint Energy, a fixed-rate plan is the single best way to protect your budget from price volatility and avoid bill shock during Texas heat waves.

8.1¢/kWh lowest Fixed Rate plan · Richmond · based on 1,000 kWh

8.1¢

Lowest Fixed Rate

13.0¢

Avg Fixed Rate

Fixed Plans

Compare Fixed Electricity Rates in Richmond

All rates in ¢/kWh for ZIP 77406. CenterPoint Energy delivery fee billed separately. Updated daily from Texas Power to Choose.

Provider / Plan	500 kWh	1,000 kWh ★	2,000 kWh	Term	Action
Octopus Energy Octopus Lite 12 100% Renewable	21.1¢	8.1¢	14.1¢	12 mo	Enroll →
Tara Energy Value Choice - 12 31% Renewable	21.9¢	8.9¢	14.9¢	12 mo	Enroll →
Just Energy Smart Choice - 12 31% Renewable	21.9¢	8.9¢	14.9¢	12 mo	Enroll →
Amigo Energy Sustainable Lifestyle - 3 31% Renewable	10.2¢	9.3¢	8.9¢	3 mo	Enroll →
Companion Energy Companion Pro + Perks 3 30% Renewable	9.8¢	9.3¢	9.1¢	3 mo	Enroll →
True Power True Value 12 15% Renewable	12.8¢	12.3¢	12¢	12 mo	Enroll →
Bkv Energy Daisy 5 29% Renewable	13¢	12.5¢	12.3¢	5 mo	Enroll →
Budget Power No Gimmicks Green 12 100% Renewable	13¢	12.5¢	12.3¢	12 mo	Enroll →
Frontier Utilities Frontier Power Saver 12 30% Renewable	13¢	12.5¢	12.3¢	12 mo	Enroll →
Gexa Energy Gexa Eco Choice 12 100% Renewable	13.1¢	12.6¢	12.4¢	12 mo	Enroll →
Chariot Energy Bright Nights 24 100% Renewable	14.2¢	12.7¢	12¢	24 mo	Enroll →
Discount Power Saver 15 21% Renewable	13.3¢	12.8¢	12.5¢	15 mo	Enroll →
Cirro Energy Smart Simple 15 21% Renewable	13.4¢	12.9¢	12.6¢	15 mo	Enroll →
Revolution Energy Llc Stars and Stripes 24 26% Renewable	13.8¢	12.9¢	12.4¢	24 mo	Enroll →
Abundance Energy Straight Forward 12 25% Renewable	13.9¢	12.9¢	12.5¢	12 mo	Enroll →
Rhythm Digital Choice 12 100% Renewable	12.9¢	12.9¢	13¢	12 mo	Enroll →
Infuse Energy Essential Infusion 36 26% Renewable	13.7¢	13¢	12.7¢	36 mo	Enroll →
Constellation Newenergy Inc 36 Month Usage Bill Credit 26% Renewable	17.1¢	13.1¢	13.9¢	36 mo	Enroll →
Branch Energy (texas) Llc Branch Fixed 12 100% Renewable	13.6¢	13.1¢	12.8¢	12 mo	Enroll →
Texans Choice Power Llc Choose 6 35% Renewable	13.8¢	13.3¢	13¢	6 mo	Enroll →
Think Energy Think Clean 12 with Smart Thermostat Connected 100% Renewable	13.2¢	13.3¢	13.3¢	12 mo	Enroll →
Cleansky Energy Embrace Green 36 - New Customer Special 100% Renewable	13.9¢	13.4¢	13.1¢	36 mo	Enroll →
Spark Energy Llc Choose 15 35% Renewable	13.9¢	13.4¢	13.1¢	15 mo	Enroll →
Txu Energy Value Edge 12 3% Renewable	20¢	13.5¢	18.3¢	12 mo	Enroll →
Ap Gas & Electric (tx) Llc TrueClassic 36 6% Renewable	14¢	13.5¢	13.3¢	36 mo	Enroll →
Ranchero Power Smart & Fixed - 36 6% Renewable	14.5¢	13.5¢	13.1¢	36 mo	Enroll →
Energy Texas No Bull 36 100% Renewable	13.6¢	13.6¢	13.7¢	36 mo	Enroll →
Octopus Energy Llc Octo Simple 24 100% Renewable	14.3¢	13.8¢	13.6¢	24 mo	Enroll →
Trieagle Energy Lp Simple Savings 28 3% Renewable	14.3¢	13.8¢	13.5¢	28 mo	Enroll →
Ae Texas Smart Secure 36 35% Renewable	14.4¢	13.9¢	13.6¢	36 mo	Enroll →
Heritage Power Llc Bright Start 24 - $25 credit on your first bill! 25% Renewable	14.5¢	14¢	13.7¢	24 mo	Enroll →
Green Mountain Energy Company Pollution Free e-Plus 36 Choice 100% Renewable	15.4¢	14.4¢	13.9¢	36 mo	Enroll →
Direct Energy Autopay Texas 12 24% Renewable	15.4¢	14.4¢	13.9¢	12 mo	Enroll →
Champion Energy Services Llc Free Weekends-24 26% Renewable	15.1¢	14.6¢	14.3¢	24 mo	Enroll →
Southern Federal Power Llc SoFed Try Us Out - 48 6% Renewable	15.7¢	14.7¢	14.3¢	48 mo	Enroll →
Good Charlie & Co Llc GoodEnergy 12 26% Renewable	15.7¢	14.7¢	14.2¢	12 mo	Enroll →
Reliant Reliant Power on 36 Plan 24% Renewable	15.9¢	14.9¢	14.4¢	36 mo	Enroll →
Payless Power PTC 12 Month - Prepaid 26% Renewable	16.3¢	15.8¢	15.5¢	12 mo	Enroll →
Atlantex Power Luminous 36 35% Renewable	16.4¢	15.9¢	15.6¢	36 mo	Enroll →

★ 1,000 kWh is the Texas standard usage benchmark. Rates include energy charge; TDSP delivery fees billed separately.

Why Choose a Fixed Rate Plan?

Fixed pricing gives you predictability. You know exactly what you'll pay per kWh the day you enroll — and that rate doesn't change until your contract ends. This is especially valuable in Richmond, where August temperatures routinely push electricity demand (and spot prices) to their highest levels of the year. Most fixed-rate plans also include a straightforward cancellation fee, so you can switch if a better deal appears.

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Frequently Asked Questions

What is the cheapest fixed-rate electricity plan in Richmond?

The lowest fixed-rate plan in Richmond today is Octopus Energy — Octopus Lite 12 at 8.1¢/kWh for 1,000 kWh. At 500 kWh the rate is 21.1¢/kWh and at 2,000 kWh it is 14.1¢/kWh. Rates are pulled live from the Texas Power to Choose database.

How long do fixed-rate plans last in Texas?

Texas fixed-rate plans range from 3 months to 5 years. The most common terms are 12 and 24 months. Shorter terms give you more flexibility to re-shop; longer terms lock in today's rate for maximum price stability. If you break a fixed-rate contract early, most providers charge a cancellation fee of $50–$300.

Is a fixed rate or variable rate better for electricity in Texas?

For most Texas households, fixed-rate plans are the safer choice. Texas electricity prices can spike dramatically during extreme heat or cold — the February 2021 winter storm saw some variable rates hit $9/kWh. A fixed-rate plan eliminates that risk entirely. Variable rates may be cheaper in mild months but offer no protection against market surges.