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Cheapest Electricity Plans in North-Central & Panhandle Texas

Texas-New Mexico Power (TNMP) delivers electricity to communities in North-Central Texas and parts of the Texas Panhandle region.

8.4¢
Lowest Rate (1k kWh)
Enter your ZIP for the most accurate rates
15.0¢
Avg Rate (1k kWh)
Enter your ZIP for the most accurate rates
42
Providers Available
3+
TNMP Cities Served

Today’s Best Deals Top 5 Cheapest Plans in Texas-New Mexico Power Territory

Rates shown for ZIP 76401. Rates vary slightly by location — enter your ZIP for exact pricing. Updated daily.

Provider / Plan 500 kWh 1,000 kWh ★ 2,000 kWh Term Action
Budget Power
Prime 12
35% Renewable
 21.7¢ 8.4¢ 14.3¢ 12 mo Enroll →
Rhythm
Rhythm Max Saver 12
100% Renewable
 21.8¢ 9¢ 15.1¢ 12 mo Enroll →
Just Energy
Smart Choice - 12
31% Renewable
 24.1¢ 10.9¢ 16.7¢ 12 mo Enroll →
Southern Federal Power Llc
Variable Advantage
6% Renewable
 14.4¢ 13.1¢ 12.5¢ 1 mo Enroll →
Infuse Energy
PTC Infusion Flex
24% Renewable
 14.4¢ 13.1¢ 12.4¢ 1 mo Enroll →

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

Showing 5 of 42 available plans. See all 42 plans for ZIP 76401 →

Browse Cities in Texas-New Mexico Power Territory

Click any city to see live electricity plans for that area.

The Colony
ZIP 75056
Stephenville
ZIP 76401
Mineral Wells
ZIP 76067

ZIP Code Directory — Texas-New Mexico Power Territory

All Texas-New Mexico Power service-area ZIP codes grouped by city. Click any ZIP to see live plans.

The Colony 5 ZIPs
7505675034750687501075287
Stephenville 5 ZIPs
7640176402760587604476031
Mineral Wells 5 ZIPs
7606776068760867608876085

→ Enter any ZIP code for a full plan comparison.

Frequently Asked Questions

What is the cheapest electricity plan in Texas-New Mexico Power's service area?
As of today, the lowest-priced plan at 1,000 kWh usage in the Texas-New Mexico Power territory is Budget Power (Prime 12) at 8.4¢/kWh for a 12 mo term. Rates change daily — compare all plans by entering your ZIP code above.
Does Texas-New Mexico Power determine my electricity rate?
No. Texas-New Mexico Power (Texas-New Mexico Power Company (TNMP)) only delivers electricity — it does not set your energy rate. Your energy rate is determined by the Retail Electric Provider (REP) you choose. In Texas's deregulated market, you can switch providers at any time to lock in a lower rate.
What cities does Texas-New Mexico Power serve?
Texas-New Mexico Power serves the North-Central & Panhandle Texas region, including The Colony, Stephenville, Mineral Wells, and many more communities. Your Texas-New Mexico Power bill covers wires, poles, and meter reading — separate from your chosen energy provider's bill.

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