Your insider’s guide to finding the best electricity rates and energy plans in Matador
If you’re a long-time resident, a new mover, own a business, or need no-deposit power, this insider’s guide will help you determine your best electricity plan in Matador.
Matador Electricity Rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
A | APGE | SimpleSaver 10 Credits | 6.6c per kWh | 10 Mo | $150 | Fixed | |
4 | 4Change Energy | Maxx Saver Value 8 Credits | 7.3c per kWh | 8 Mo | $20/Mo remaining | Fixed | |
A | APGE | SimpleSaver 12 Credits | 7.3c per kWh | 12 Mo | $150 | Fixed | |
R | Rhythm Energy | Rhythm Max Saver 12 Green Credits | 7.4c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
E | Energy Texas | The Lone Saver Plus 12 Green Credits | 7.4c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
A | APGE | SimpleSaver 24 Credits | 7.7c per kWh | 24 Mo | $250 | Fixed | |
R | Rhythm Energy | Rhythm Max Saver 24 Green Credits | 7.9c per kWh | 24 Mo | $20/Mo remaining | Fixed | |
F | Frontier Utilities | Saver Plus 12 Credits | 8.3c per kWh | 12 Mo | $150 | Fixed |
As a resident or business owner within Matador, you can choose the electricity provider that best meets your specific needs.
Compare Power is a free consumer service started in 2009 to help residents of Matador search for their lowest-rate energy plan.
These official rates are the identical prices you’ll find calling the electricity providers or visiting them online.
Competing offers from many different energy providers are outlined in a convenient grid that simplifies evaluating alternatives.
This helps Texas consumers avoid hidden charges and marketing gimmicks by comparing plans “apples-to-apples” without wasting hours and hours calling different energy providers or clicking through dozens of different websites.
Electricity Price Trends in Matador
Electricity in Matador is deregulated. As a resident, you can choose a retail electricity provider (your electricity company), which gives you flexibility and power over your energy bill.
Deregulating electricity in the state de-monopolized the energy market for most of the state, including Matador, and introduced lots of competition.
As a result, many excellent power companies compete for your business in Matador by offering low prices, making it a great time to shop, switch, and save costs on your electricity statement.
As many as 65+ energy companies compete for your account in Matador, and hundreds of plans exist to select from.
Average Electricity Rates in Matador
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 Matador
#1 rule: Usage is king!
Knowing how much energy you will use monthly is the ideal way to shop for power in Matador. Why is this important?
The rate electricity providers advertise for an exact monthly usage (typically 1000 kWh).
Every plan uses a different calculation for how your monthly bill is computed, and your monthly bill will be determined by how much electricity you use each month.
Unless you match the advertised usage each month, you will pay a “price per kWh” different than what you observed when you signed up.
Thankfully, there’s a better way to pick your power 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 you.
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 best way to find your home’s ideal electricity rate plan.
Compare Power does all this math for you instantly. What takes hours on a spreadsheet is now done in a few seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of plans, and guide you step-by-step to the electricity rate plan that’s best for your household’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 enroll with your chosen electricity company without leaving our service.
The takeaway is that you should determine your expected or historical usage before picking the right energy 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 shop for the best electricity plan for your specific usage.
Moving to Matador: Setting up Electricity
If this is your first time setting up an electricity service in Matador, you need to get the previous 12 months of energy usage for your new home to get the best rate.
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.
Sign-up for a plan in minutes through Compare Power. We will remind you when it’s time to return to switch and save at the end of the plan term you decide on.
Switching Electricity Companies in Matador
Switching is good. Market conditions constantly change, so you must shop for a lower price each year when your contract expires.
Your existing energy company will typically raise your electricity rate once your contract expires. If you do not act, you’ll be left on a month-to-month rate significantly higher than the plan you signed up for.
Before renewing your contract, check the rates of competing energy companies.
Switching can save you hundreds or thousands of dollars yearly on your energy bill.
Switching is easy:
- You don’t have to contact your current company 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 electricity provider will handle everything, including canceling service with your previous provider.
Your lights stay on when you switch. Electricity in Matador is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver electricity 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 up to 14 days before your contract ends without an “early cancellation” 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 providers 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’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 cheapest rate.
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.
Matador Energy Companies
Showing 30 active providers · residential. Sorted by Google rating.
Are you trying to find an excellent electricity company in Matador?
You can enroll for services with great electricity providers such as TXU Energy, Reliant, and Direct Energy.
Click on the company of your choice to view prices, learn more, or sign up.
No-Deposit Electricity Plans in Matador
Need to find an energy plan in Matador that doesn’t require a deposit?
If your first choice of plans mandates a deposit, Compare Power will automatically show you additional plans that require no money down.
Instead of calling a bunch of energy providers or browsing through websites to determine if different electricity companies require a deposit, this will save you much time and effort.
We will instantly check the other plans for deposit obligations, 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 have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 - PUCT §25.478.
Matador Business Energy Rates
If you manage a company in Matador, you’re in good company.
Matador has become a thriving place for many small to mid-sized companies. The town is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more growth opportunities.
You need to compare prices from competing providers to manage your electricity costs.
Compare Power bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information once, and the providers will present their bids. You pick the best rate. Simple, quick, and easy.
Click hereto get competing quotes for your business electricity.
Matador Utilities
Electricity
To learn more about smart meters or to download your electricity usage, visit (877) 373-4858.
To report an issue with your electricity service or power outages in Matador, visit the https://outagemap.aeptexas.com/ or call them at (877) 373-4858.
Gas
For gas service in Matador, call or visit Matador’s official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Matador, the City of Matador usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the AEP North 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 Matador
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
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- 75013
- 75015
- 75019
- 75020
- 75021
- 75022
- 75023
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- 75025
- 75028
- 75032
- 75033
- 75034
- 75035
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- 75061
Showing 40 of 1321 TX ZIP codes.
View Electricity Prices for Cities Near Matador
Are you searching for a lower electricity rate in a different city? If so, you can find the location below and then click to sign up for a more affordable 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.