Your insider’s guide to finding the best electricity rates and energy plans in Murphy
Whether you are a business owner, new resident, or long-time citizen of Murphy, this comprehensive guide will enable you to find your best solution for an electricity plan.
Murphy 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 Murphy, 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 Murphy shop for their lowest-rate energy plan.
Plan information is presented in a user-friendly format that enables a quick and simple comparison of available plans and options.
Plans from many different energy providers are displayed in a simple grid, making evaluating alternatives simple and fast.
This helps Texas consumers avoid hidden markups and marketing gimmicks by comparing plans “apples-to-apples” without wasting hours making phone calls or sorting through dozens of online sites.
Electricity Price Trends in Murphy
Energy in Murphy has been deregulated. As a resident, you have a choice when picking a retail electricity provider (your electricity provider), which gives you flexibility and power over your energy bill.
Deregulation of energy in Texas de-monopolized the electricity market for most of Texas, the city of Murphy included, which introduced lots of competition.
As a result, many excellent power providers compete for your business in Murphy by offering low rates, making it a great time to compare, switch, and save money on your power bill.
As many as 100+ retail electricity providers compete for your account in Murphy, and hundreds of plans exist to sort through.
Average Electricity Rates in Murphy
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 Murphy
#1 rule: Determine what your usage is!
Knowing how much electricity you will use each month is the best way to find a deal on energy in Murphy. Why is this important?
The rate you see energy companies advertising is for an exact monthly usage (typically 1000 kWh).
Every plan has a different calculation for how your monthly statement is computed, and your monthly bill will change according to how much power you consume each month.
Unless you match the advertised usage each month, you will pay a “price per kWh” different than what you observed when you ordered.
Thankfully, there’s a better way to shop for an energy company.
Calculating your total monthly bill based on anticipated monthly usage, then comparing options by total monthly cost is the best way to shop for the lowest rate for your home.
Even better, 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 ideal electricity plan for your home.
Compare Power does all this math for you in an instant. What takes hours inside a spreadsheet is now done in a few moments.
We put you in the driver’s seat, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans, and navigate you step-by-step to the energy rate plan that’s best for your home’s usage.
We clarify the details, disclosing all fees, so you’ll know precisely where your money is going and what to anticipate on your monthly bill.
We then assist you in enrolling with your chosen power company without ever having to leave our service.
The bottom line is you should determine your expected or historical usage before ordering the best electricity plan for your home.
If you don’t know your usage, estimate
If you cannot acquire 12 months of historical usage or own a brand new home, the next best thing is to estimate how much energy you will use in an average 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 electricity plan for your specific usage.
Moving to Murphy: Setting up Electricity
If this is your first time setting up electricity service in Murphy, 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: If you cannot obtain historical usage information, a second option would be to estimate your future usage using 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 return to switch and save at the end of the plan term you decide on.
Switching Electricity Companies in Murphy
Switching is good. Market conditions constantly change, so you must shop for a lower rate each year when your contract expires.
Your existing energy company will typically raise your electricity rate once your term 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, shop the rates of competing energy providers.
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 decide to switch, your new electricity company will take care of everything for you, including terminating service with your previous company.
There is no loss of power when you switch. Electricity in Murphy 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 choose any date within 14 days of your contract expiration without an “early termination” fee. That’s Texas Law.
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 companies may outweigh the fee of breaking your existing contract.
If you’re ready to switch and want to find the best plan, remember that understanding your usage is the best way to find the lowest price.
You will want to find your past usage for the past 12 months to determine the best plan with the lowest rate for your household.
Murphy Energy Companies
Showing 30 active providers · residential. Sorted by Google rating.
Are you looking for a great electric company in Murphy?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
To sign up, learn more, or view current rates, click on your chosen company.
No-Deposit Electricity Plans in Murphy
Need to find an energy plan in Murphy 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.
That saves you a lot of time and hassle, so more Internet surfing and calling electricity providers to determine if a deposit is needed.
We will immediately check the other plans for deposit obligations, 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.
Murphy Business Power Rates
If you own a company in Murphy, you’ll discover several other companies also have established themselves here.
Murphy is home to many small and large businesses and is a thriving town to run a company.
You must shop at 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 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.
Murphy 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 Murphy, visit the https://stormcenter.oncor.com or call them at +1 (888) 313-4747.
Gas
Call or visit Murphy’s official city website for gas service in Murphy to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Murphy, the City of Murphy 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 Murphy
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 Murphy
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.