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 Midland households on Texas-New Mexico Power, a fixed-rate plan is the single best way to protect your budget from price volatility and avoid bill shock during Texas heat waves.
All rates in ¢/kWh for ZIP 79701. Texas-New Mexico Power delivery fee billed separately. Updated daily from Texas Power to Choose.
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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 Midland, 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.