Your insider’s guide to finding the best electricity rates and energy plans in Canton
Whether a business owner, new resident, or long-time citizen of Canton, the use of this comprehensive guide will enable you to find your best solution for an electricity plan.
Canton electricity rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
A | APGE | SimpleSaver 12 Credits | 6.8c per kWh | 12 Mo | $150 | Fixed | |
A | APGE | SimpleSaver 10 Credits | 6.8c per kWh | 10 Mo | $150 | Fixed | |
4 | 4Change Energy | Maxx Saver Value 12 Credits | 6.9c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
F | Frontier Utilities | Saver Plus 12 Credits | 6.9c per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Eco Saver Plus 12 Green Credits | 6.9c per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Saver Plus 12 Credits | 6.9c per kWh | 12 Mo | $150 | Fixed | |
R | Rhythm Energy | Rhythm Max Saver 12 Green Credits | 6.9c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
E | Energy Texas | The Lone Saver Plus 12 Green Credits | 6.9c per kWh | 12 Mo | $20/Mo remaining | Fixed |
As a resident or business owner within Canton, you have the power to choose the electricity provider that best meets your specific needs.
Compare Power is a free consumer service started in 2009 to help residents of Canton shop for their lowest-rate electricity plan.
These official rates are the same rates you’ll find calling the electricity companies or visiting their websites.
Competing plans from many different energy companies are displayed in a powerful grid that makes comparing your options simple and fast.
This assists Texas energy customers in avoiding hidden markups and marketing gimmicks by comparing plans “apples-to-apples” without consuming hours and hours making phone calls or sorting through hundreds of different websites.
Electricity price trends in Canton
Energy in Canton has been deregulated. As an energy customer, you have a choice when choosing a retail electricity provider (your electricity company), which gives you insight and control over your energy bill.
Deregulating electricity in the state de-monopolized the electricity market for most of Texas, including the city of Canton, which introduced lots of competition.
As a result, many fantastic energy providers compete for your business in Canton by offering low rates, making it a great time to compare, switch, and save money on your electricity bill.
As many as 60-100 energy companies compete for your business in Canton with hundreds of plans.
Average electricity rates in Canton
May 2026The average residential electricity rate in Texas is 16.4¢, 11% less than the U.S. average.
The average Texas business electricity rate is 8.3¢, 39% less than the U.S. average.
EIA Rates
Residential · Texas · last 24 months
- Latest
- 16.4¢/kWh
- Period avg
- 15.5¢/kWh
- Min
- 14.6¢/kWh
- Max
- 17.0¢/kWh
- Emily (TX, United States)
How to find the best energy plan in Canton
#1 rule: Usage is key!
Determining the amount of energy you will consume each month is the ideal way to find a deal on electricity in Canton. Why is this so vital?
The “price per kWh” you see electricity providers advertising is for an exact monthly usage (typically 1000 kWh).
Every plan has a different calculation for how your monthly statement is calculated, and your monthly bill will be determined by how much power you use in the month.
Unless you use the advertised amount each month, you will end up paying a “price per kWh” different than what you saw when you ordered.
Fortunately, there’s a better way to choose your electricity company.
Calculating your total monthly bill based on estimated monthly usage, then comparing options by total monthly bill, is the best way to shop for the best rate for your home.
Better yet, if you have a year of usage history for your household, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter months and is the best way to determine the right energy plan for your home.
Compare Power does all this math for you in an instant. What could take you hours inside a spreadsheet is now solved in a few seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and computations across hundreds of offers, and navigate you step-by-step to the electricity rate plan that’s best for your household’s usage.
We clarify the details, disclosing the various charges, so you’ll know exactly where your money is going and what to expect on your monthly bill.
We then help you in signing up with your chosen energy provider without ever having to leave our website.
The bottom line is you should determine your expected or historical usage before selecting the best energy plan for your home.
If you don’t know your usage, estimate
If you cannot acquire 12 months of historical usage, or you’re the owner of a brand new home, the next best thing is to estimate how much energy you will use in an average month.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly choosing the first plan you see advertised by an energy provider at a specific usage that isn’t what you’ll consume.
Use Compare Power to shop for the best electricity plan for your**specific usage.
Moving to Canton: Setting up electricity
If this is your first time setting up electricity service in Canton, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12 months, but the time (and savings) will be well worth it.
Once you have historical usage, Compare Power will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing our “Help Me Choose” tool. By simply entering your zip code, the tool will be able to assess your home’s projected electricity consumption.
Sign-up for a plan instantly through Compare Power. We will remind you when it’s time to come back to switch and save at the end of the plan length you decide on.
Switching electricity companies in Canton
Switching is good. Market conditions are constantly changing, so it is vital to shop for a lower rate yearly when your contract expires.
Your existing electricity company will typically raise your energy rate once your contract expires. If you do not take action, you’ll be left on a month-to-month rate significantly more than the plan you signed up for.
Before renewing your contract, check the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars yearly on your energy bill.
Switching is easy:
When you decide to switch, your new electricity company will take care of everything for you, including terminating service with your previous provider.
Your lights stay on when you switch. Electricity in Canton is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch energy providers. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration without an “early cancellation” penalty. That’s Texas Law.
If you’re still under contract, check how many months remain on your contract. You can set a future start date with most companies up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching providers may outweigh the fee of breaking your existing contract.
If you are unsure, email us your latest energy bill, and one of our team members will get back to you promptly with your best options.
If you’re ready to switch and would like to know how to find the best plan remember that knowing your usage is the best way to find the truly best rate.
You will want to gather your historical usage for the past 12 months to determine the best plan with the lowest rate for your household.
Canton energy companies
Showing 30 active providers · residential. Sorted by Google rating.
Looking for a great electric company in Canton?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, and more.
To sign up, learn more, or view current rates, click on the company of your choosing.
No-deposit electricity plans in Canton
Need to find an energy plan in Canton that doesn’t require a deposit?
If charged a deposit on your first plan selection, Compare Power will automatically show you other plans available without a deposit.
Instead of calling all sorts of power providers or browsing through websites to determine if different electricity companies need a deposit, this will save you a lot of time and effort.
We will check the other plans for any deposit obligations instantly so you can get your power on and return to your day.
Learn how to get no deposit lights.
Deposit Waivers
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 - PUCT §25.478.
If you have any questions about deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Canton business energy plans
If you manage a company in Canton, you’re in good company.
Canton is home to many small and large businesses and is a thriving place to run a company.
To lower your electricity costs, you need to compare rates from competing energy companies.
Compare Power bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information on Compare Power, and the providers will present their bids. You get to pick the cheapest price. Simple, quick, and easy.
Click hereto get competing quotes for your business electricity.
Canton utilities
Electricity
To learn more about smart meters or to download your electricity usage, visit +1 (888) 313-4747.
To report an issue with your electricity service or power outages in Canton, visit the https://stormcenter.oncor.com or call them at +1 (888) 313-4747.
Gas
For gas service in Canton, call or visit Canton’s official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Canton, water, garbage, sewer, and recycling services are usually handled by the City of Canton.
Other utility service areas in Texas
Not in the Oncor Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
View electricity prices for zip codes in Canton
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular TX ZIP codes
- 75001
- 75002
- 75006
- 75007
- 75009
- 75010
- 75011
- 75013
- 75015
- 75019
- 75020
- 75021
- 75022
- 75023
- 75024
- 75025
- 75028
- 75032
- 75033
- 75034
- 75035
- 75036
- 75038
- 75039
- 75040
- 75041
- 75042
- 75043
- 75044
- 75046
- 75048
- 75050
- 75051
- 75052
- 75054
- 75056
- 75057
- 75058
- 75060
- 75061
Showing 40 of 1321 TX ZIP codes.
View electricity prices for cities near Canton
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.