Your insider’s guide to finding the best electricity rates and energy plans in Malone
If you’re a long-time resident, a new mover, own a business or need no-deposit power, this complete guide will help you find your ideal power plan in Malone.
Malone 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 Malone, you can choose the electricity provider that best meets your specific needs.
Compare Power is a free consumer service established in 2009 to help residents of Malone shop for their best electricity plan.
These official rates are the identical prices you’ll find calling the electricity companies or visiting their websites.
Competing offers from many different energy providers are outlined in a simple layout that simplifies evaluating alternatives.
This assists Texas consumers in avoiding hidden markups and advertising gimmicks by comparing plans “apples-to-apples” without throwing away hours calling different energy providers or navigating dozens of different online sites.
Electricity Price Trends in Malone
Energy in Malone is deregulated. As an energy consumer, you can choose a retail electricity provider (your electricity provider), which gives you control and power over your energy bill.
Deregulation of energy in the state de-monopolized the energy market for most of the state, including Malone, which introduced lots of competition.
As a result, many fantastic retail electricity providers compete for your business in Malone by offering low rates, making it a great time to compare, switch, and save costs on your energy statement.
As many as 65+ providers compete for your account in Malone, and hundreds of plans exist to sort through.
Average Electricity Rates in Malone
May 2026The average residential electricity rate in Texas is 16.4¢, 11% 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
Got me the cheapest electric. Nice.
How to Find the Best Energy Plan in Malone
#1 rule: Usage is key!
Determining the amount of energy you will consume monthly is the ideal way to find a deal on energy in Malone. Why is this so vital?
The “price per kWh” you see power providers advertising is for an exact monthly usage (usually 2000 kWh).
Every plan has a different equation for how your monthly bill is computed, and your monthly bill will vary depending on how much power you use each month.
Unless you match the exact advertised usage each month, you will pay an effective “price per kWh” different than the one you saw advertised when you ordered.
Thankfully, there’s a better way to select your energy company.
Calculating your total monthly bill based on anticipated monthly usage, then comparing rates by the total monthly bill is the best way to shop for the lowest rate for your household.
Better still, 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 absolute best way to discover the perfect energy plan for your home.
Compare Power does all this math for you instantly. What could take you hours inside a spreadsheet is solved in moments.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans and navigating you step-by-step to the electricity rate plan that’s best for your home’s usage.
We clarify the fine print, disclosing the various charges, so you’ll know precisely where your money is going and what to expect on your monthly bill.
We then help you sign up with your chosen energy provider without leaving our service.
The bottom line is you must understand your expected or historical usage before choosing the best electricity plan for your home.
If you don’t know your usage, estimate
Suppose you recently purchased a home or business or cannot obtain 12 months of usage history. In that case, you can always estimate your average energy in any given month.
Although knowing the previous 12 months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use Compare Power to find the best energy plan for your specific usage.
Moving to Malone: Setting up Electricity
If this is your first time setting up electricity service in Malone, 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.
Acquiring usage for the past 12 months may take effort, 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: You can estimate your monthly usage if you can’t obtain a usage history. Utilize our “Help Me Choose” tool when you enter your zip code below, and we’ll help you evaluate your home’s usage.
By signing up for a plan through Compare Power, you will receive automated reminders when it’s time to renew your existing plan or possibly switch plans.
Switching Electricity Companies in Malone
Switching is good. Market conditions are always in flux, so it is essential to shop for a lower price every year when your contract is close to expiring.
Your existing electricity provider will typically raise your electricity rate once your term expires. If you fail to take action, you’ll be left on a month-to-month rate that is significantly more than the plan you signed up for.
Before renewing your contract, check the rates of competing energy providers.
Switching can save you hundreds or thousands of dollars yearly on your electricity bill.
Switching is easy:
- You don’t have to call your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you switch, your new energy provider will handle everything for you, including terminating service with your previous company.
Your lights stay on when you switch. Electricity in Malone 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 electricity companies. Therefore the reliability of your service is not affected.
You can pick any date up to 14 days early from your current contract’s end date without an “early termination” penalty. Texas law protects you here.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most companies up to 6o days in advance.
The amount saved each month by switching to a different electricity company may outweigh the one-time fee to get out of your contract early.
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 lowest price.
Keep in mind that when you get ready to switch and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you must collect the usage history for the past 12 months.
Malone Energy Companies
Showing 30 active providers · residential. Sorted by Google rating.
Are you trying to find an excellent electricity company in Malone?
You can enroll for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
Click on the company of your choice to view rates, learn more, or sign up.
No-Deposit Electricity Plans in Malone
If you need to find an energy plan in Malone that requires no deposit, we can help.
If your first choice of plans mandates a deposit, Compare Power will automatically show you additional plans that require no money down.
That saves you a lot of time and hassle. No more surfing the internet and calling energy companies to determine if a deposit will be required.
We will immediately check the other plans for any deposit requirements so you can get your lights on and return to your day.
Learn how to get no-deposit lights.
Deposit Waivers
You may be eligible to waive the deposit if you meet one of the Texas Public Utility Commission §25.478 - PUCT §25.478.
Malone Business Energy Rates
If you run a business in Malone, you’re not alone.
Malone is home to many small and large businesses and is a thriving town to run a company.
You must shop for rates from competing energy companies to lower energy costs.
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 submit your information on Compare Power, and the providers will present their bids. You choose the lowest price. Simple, quick, and easy.
Click hereto get competing quotes for your business electricity.
Malone 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 Malone, visit the https://stormcenter.oncor.com or call them at +1 (888) 313-4747.
Gas
For gas service in Malone, call or visit Malone’s official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Malone, the City of Malone usually handles water, garbage, sewer, and recycling services.
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.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View Electricity Prices for Zip Codes in Malone
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
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- 75010
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- 75020
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- 75061
Showing 40 of 1321 TX ZIP codes.
View Electricity Prices for Cities Near Malone
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.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.