Oncor Electric · Waco

Cheapest Fixed Rate Electricity Plans in Waco, 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 Waco households on Oncor Electric, a fixed-rate plan is the single best way to protect your budget from price volatility and avoid bill shock during Texas heat waves.

9.1¢

Lowest Fixed Rate

13.6¢

Avg Fixed Rate

Fixed Plans

Compare Fixed Electricity Rates in Waco

All rates in ¢/kWh for ZIP 76701. Oncor Electric delivery fee billed separately. Updated daily from Texas Power to Choose.

Provider / Plan	500 kWh	1,000 kWh ★	2,000 kWh	Term	Action
Tara Energy Balanced Days Bundle - 3 31% Renewable	10¢	9.1¢	8.7¢	3 mo	Enroll →
Companion Energy Companion Pro + Perks 3 30% Renewable	9.5¢	9.1¢	8.8¢	3 mo	Enroll →
Frontier Utilities Frontier Power Saver 3 30% Renewable	9.5¢	9.1¢	8.8¢	3 mo	Enroll →
Gexa Energy Gexa Eco Choice 3 100% Renewable	9.6¢	9.2¢	8.9¢	3 mo	Enroll →
Energy Texas No Bull 3 100% Renewable	10¢	10¢	10.1¢	3 mo	Enroll →
Amigo Energy Power Perks - 12 31% Renewable	23.4¢	10.4¢	16.5¢	12 mo	Enroll →
Cleansky Energy Embrace Green 3 - New Customer Special 100% Renewable	11.1¢	10.6¢	10.4¢	3 mo	Enroll →
Chariot Energy Bright Nights 15 100% Renewable	14¢	12.6¢	11.9¢	15 mo	Enroll →
True Power True Value 12 15% Renewable	13.3¢	12.9¢	12.7¢	12 mo	Enroll →
Budget Power No Gimmicks 12 35% Renewable	13.4¢	13¢	12.8¢	12 mo	Enroll →
Abundance Energy Straight Forward 12 25% Renewable	14.3¢	13.3¢	12.9¢	12 mo	Enroll →
Texans Choice Power Llc Choose 6 35% Renewable	14¢	13.5¢	13.3¢	6 mo	Enroll →
Bkv Energy Daisy 15 29% Renewable	13.9¢	13.5¢	13.3¢	15 mo	Enroll →
Branch Energy (texas) Llc Branch Fixed 12 100% Renewable	14¢	13.6¢	13.4¢	12 mo	Enroll →
Think Energy Think Clean 12 with Smart Thermostat Connected 100% Renewable	13.7¢	13.7¢	13.8¢	12 mo	Enroll →
Ap Gas & Electric (tx) Llc TrueClassic 24 6% Renewable	14.2¢	13.8¢	13.6¢	24 mo	Enroll →
Spark Energy Llc Choose 6 35% Renewable	14.3¢	13.8¢	13.6¢	6 mo	Enroll →
Revolution Energy Llc Stars and Stripes 24 26% Renewable	14.7¢	13.9¢	13.5¢	24 mo	Enroll →
Infuse Energy Essential Infusion 24 26% Renewable	14.5¢	13.9¢	13.6¢	24 mo	Enroll →
Txu Energy Value Edge 12 3% Renewable	20.4¢	13.9¢	18.7¢	12 mo	Enroll →
Rhythm Digital Choice 36 100% Renewable	14.1¢	14.2¢	14.2¢	36 mo	Enroll →
Trieagle Energy Lp Simple Savings 28 3% Renewable	14.7¢	14.2¢	13.9¢	28 mo	Enroll →
Octopus Energy Octo Simple 18 100% Renewable	14.8¢	14.3¢	14.1¢	18 mo	Enroll →
Ae Texas Smart Secure 36 35% Renewable	14.8¢	14.3¢	14.1¢	36 mo	Enroll →
Good Charlie & Co Llc GoodEnergy 12 26% Renewable	15.5¢	14.5¢	14.1¢	12 mo	Enroll →
Heritage Power Llc Bright Start 24 - $25 credit on your first bill! 25% Renewable	15¢	14.5¢	14.3¢	24 mo	Enroll →
Reliant Reliant Power On 15 24% Renewable	15.6¢	14.7¢	14.2¢	15 mo	Enroll →
Cirro Energy Smart Simple 36 24% Renewable	15.1¢	14.7¢	14.4¢	36 mo	Enroll →
Champion Energy Services Llc Champ Saver-24 26% Renewable	15.2¢	14.7¢	14.5¢	24 mo	Enroll →
Octopus Energy Llc Octo Simple 24 100% Renewable	15.1¢	14.7¢	14.5¢	24 mo	Enroll →
Southern Federal Power Llc SoFed Better Rate - 60 6% Renewable	16.4¢	15.4¢	15¢	60 mo	Enroll →
Ranchero Power Ranchero Fixed Prime - 48 6% Renewable	16.4¢	15.4¢	15¢	48 mo	Enroll →
Direct Energy Autopay Texas 24 24% Renewable	16.3¢	15.4¢	14.9¢	24 mo	Enroll →
Just Energy Basics PTC - 60 31% Renewable	16¢	15.5¢	15.3¢	60 mo	Enroll →
Payless Power PTC 12 Month - Prepaid 26% Renewable	16.6¢	16.1¢	15.9¢	12 mo	Enroll →
Green Mountain Energy Company Pollution Free e-Plus 12 Choice 100% Renewable	17¢	16.2¢	15.7¢	12 mo	Enroll →
Discount Power Discount Nights 24 24% Renewable	16.6¢	16.2¢	15.9¢	24 mo	Enroll →
Constellation Newenergy Inc 12 Month A/C Protect Plus for 2 Units 26% Renewable	20.2¢	16.3¢	17.1¢	12 mo	Enroll →
Atlantex Power Luminous 36 35% Renewable	16.8¢	16.3¢	16.1¢	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 Waco, 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 Waco?

The lowest fixed-rate plan in Waco today is Tara Energy — Balanced Days Bundle - 3 at 9.1¢/kWh for 1,000 kWh. At 500 kWh the rate is 10¢/kWh and at 2,000 kWh it is 8.7¢/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.