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.

7.2¢

Lowest Fixed Rate

12.8¢

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 licensed Texas REP data.

Provider / Plan	500 kWh	1,000 kWh ★	2,000 kWh	Term	Action
Discount Power Bill Credit Bundle 13 22% Renewable	20.2¢	7.2¢	13.2¢	13 mo	Enroll →
Cirro Energy Bill Bonus 14 22% Renewable	20.2¢	7.2¢	13.2¢	14 mo	Enroll →
Rhythm Rhythm Max Saver 12 100% Renewable	19.9¢	7.4¢	13.6¢	12 mo	Enroll →
Just Energy Smart Choice - 12 31% Renewable	21.5¢	8.5¢	14.5¢	12 mo	Enroll →
Chariot Energy Bright Nights 12 100% Renewable	13.1¢	11.6¢	10.9¢	12 mo	Enroll →
Amigo Energy Sustainable Lifestyle - 6 31% Renewable	12.6¢	11.7¢	11.2¢	6 mo	Enroll →
Constellation Newenergy Inc 14 Month Usage Bill Credit 26% Renewable	15.8¢	11.8¢	12.6¢	14 mo	Enroll →
Frontier Utilities Frontier Power Saver 12 30% Renewable	12.6¢	12.1¢	11.9¢	12 mo	Enroll →
Energy Texas No Bull 12 100% Renewable	12.1¢	12.1¢	12.2¢	12 mo	Enroll →
Companion Energy Companion + Perks 12 30% Renewable	12.6¢	12.1¢	11.9¢	12 mo	Enroll →
Gexa Energy Gexa Eco Choice 12 100% Renewable	12.6¢	12.1¢	11.9¢	12 mo	Enroll →
Southern Federal Power Llc SoFed Better Rate - 6 6% Renewable	13.2¢	12.2¢	11.8¢	6 mo	Enroll →
Varsity Energy Llc HOMERUN 12 31% Renewable	12.8¢	12.3¢	12.1¢	12 mo	Enroll →
Ap Gas & Electric (tx) Llc TrueClassic 13 6% Renewable	12.9¢	12.4¢	12.2¢	13 mo	Enroll →
Budget Power No Gimmicks 24 35% Renewable	12.9¢	12.4¢	12.2¢	24 mo	Enroll →
True Power True Value 36 15% Renewable	13¢	12.5¢	12.3¢	36 mo	Enroll →
Texans Choice Power Llc Choose 6 37% Renewable	13.2¢	12.7¢	12.5¢	6 mo	Enroll →
Ae Texas Smart Secure 36 35% Renewable	13.2¢	12.7¢	12.5¢	36 mo	Enroll →
Revolution Energy Llc Stars and Stripes 24 24% Renewable	13.7¢	12.8¢	12.4¢	24 mo	Enroll →
Think Energy Think Clean 12 with Smart Thermostat Connected 100% Renewable	12.9¢	12.9¢	12.9¢	12 mo	Enroll →
Spark Energy Llc Choose 6 37% Renewable	13.5¢	13¢	12.8¢	6 mo	Enroll →
Abundance Energy Clean Energy 12 100% Renewable	14¢	13¢	12.5¢	12 mo	Enroll →
Good Charlie & Co Llc GoodEnergy 12 26% Renewable	14¢	13¢	12.5¢	12 mo	Enroll →
Infuse Energy Essential Infusion 6 24% Renewable	13.8¢	13.1¢	12.8¢	6 mo	Enroll →
Bkv Energy Daisy 24 29% Renewable	13.6¢	13.1¢	12.8¢	24 mo	Enroll →
Octopus Energy OctopusFlex 100% Renewable	13.8¢	13.3¢	13¢	12 mo	Enroll →
Cleansky Energy Embrace Green 36 - New Customer Special 100% Renewable	13.8¢	13.3¢	13.1¢	36 mo	Enroll →
Sfe Energy Texas Inc SFE RewardsPlus - 24 35% Renewable	14.5¢	13.4¢	12.9¢	24 mo	Enroll →
Ranchero Power Smart & Fixed - 36 6% Renewable	14.5¢	13.5¢	13.1¢	36 mo	Enroll →
Txu Energy Value Edge 12 3% Renewable	20¢	13.5¢	18.3¢	12 mo	Enroll →
Base Power Base Energy 36 100% Renewable	14.1¢	13.6¢	13.4¢	36 mo	Enroll →
Champion Energy Services Llc Champ Saver-24 26% Renewable	14.2¢	13.7¢	13.5¢	24 mo	Enroll →
Octopus Energy Llc Octo Simple 14 100% Renewable	14.2¢	13.7¢	13.4¢	14 mo	Enroll →
Trieagle Energy Lp Simple Savings 28 3% Renewable	14.3¢	13.8¢	13.5¢	28 mo	Enroll →
Heritage Power Llc Bright Start 12 - $25 credit on your first bill! 25% Renewable	14.6¢	14.1¢	13.9¢	12 mo	Enroll →
Smartenergy Holdings Llc SmartGreen 9 $200 Bill Credit 100% Renewable	15.5¢	14.5¢	14¢	9 mo	Enroll →
Reliant Reliant Power On 18 15% Renewable	15.6¢	14.6¢	14.1¢	18 mo	Enroll →
Atlantex Power Luminous 36 35% Renewable	15.2¢	14.7¢	14.5¢	36 mo	Enroll →
Direct Energy Autopay Texas 24 24% Renewable	15.8¢	14.8¢	14.3¢	24 mo	Enroll →
Tara Energy Basics PTC - 24 31% Renewable	15.4¢	14.9¢	14.7¢	24 mo	Enroll →
Green Mountain Energy Company Pollution Free e-Plus 12 Choice 100% Renewable	16¢	15¢	14.5¢	12 mo	Enroll →
Pronto Power Power To Choose 26% Renewable	16.9¢	16.9¢	16.9¢	1 mo	Enroll →
Payless Power PTC 6 Month - Prepaid 26% Renewable	17.5¢	17¢	16.8¢	6 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 Discount Power — Bill Credit Bundle 13 at 7.2¢/kWh for 1,000 kWh. At 500 kWh the rate is 20.2¢/kWh and at 2,000 kWh it is 13.2¢/kWh. Rates are pulled live from licensed Texas REP plan data.

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.