Your insider’s guide to finding the best electricity rates and energy plans in Parker
If you’re a long-time resident, a new mover, a business owner, or need no-deposit power, this complete guide will help you determine your ideal energy plan in Parker.
Parker 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 Parker, you can choose the electricity provider that best meets your needs.
Compare Power is a free consumer service started in 2009 to help residents of Parker search for their lowest-rate energy plan.
These official rates are the same prices you’ll find calling the energy providers or visiting their websites.
Plans from several different energy companies are presented in a convenient grid that makes comparing your options simple and fast.
This allows Texas consumers to avoid hidden markups and advertising gimmicks by comparing plans “apples-to-apples” without spending hours and hours making phone calls or sorting through dozens of different online sites.
Electricity Price Trends in Parker
Electricity in Parker is deregulated. As an energy consumer, you have a choice when picking a retail electricity provider (your energy company), which gives you insight and control over your energy bill.
Deregulation of energy in Texas de-monopolized the energy market for most of Texas, the city of Parker included, which introduced massive competition.
As a result, many excellent power providers compete for your business in Parker by offering low rates, making it a great time to shop, switch, and lower costs on your energy statement.
As many as 100+ energy companies compete for your business in Parker, with hundreds of plans to choose from.
Average Electricity Rates in Parker
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 Parker
#1 rule: Know your usage!
Discovering how much electricity you will consume month-to-month is the ideal way to shop for electricity in Parker. Why should you care?
The rate electricity companies advertise is for an exact monthly usage (typically 1000 kWh).
Every plan has a different equation for how your monthly bill is computed, and your monthly bill will change according to how much electricity you use each month.
Unless you use exactly the advertised amount each month, you will end up paying an effective “price per kWh” different than what you observed when you ordered.
Fortunately, there’s a better way to select your electricity rate.
Calculating your total monthly bill based on expected monthly usage, then comparing rates by total monthly cost is the best way to shop for the lowest rate for you.
Better yet, if you have 12 months of usage history for your household, you can compare plans by total annual cost. This annualized method considers the changes in usage between summer and winter months and is the absolute best way to discover the ideal electricity plan for your home.
Compare Power does all the complicated math for you in an instant. 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 research, spreadsheets, and computations across hundreds of offers and navigating you step-by-step to the electricity rate plan that’s best for your household’s consumption.
We clarify the fine print, disclosing all fees, so you’ll know precisely where your money is going and what to expect on your bill.
We then help you sign up with your selected electricity company without ever having to leave our service.
The bottom line is you must understand your expected or historical usage before picking the right energy 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.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly picking 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 find the best energy plan for your specific usage.
Moving to Parker: Setting up Electricity
If this is your first time setting up electricity service in Parker, 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.
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 Parker
Switching is good. Market conditions are always changing, so it is important to shop for a lower rate each year when your contract is close to expiring.
Your existing energy company will typically raise your energy 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, check the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars yearly on your energy 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 power supply
- It takes just minutes
When you switch, your new electricity company will handle everything, including canceling service with your previous provider.
Your lights stay on when you switch. Electricity in Parker 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 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 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.
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 understanding your usage is the best way to find the best rate.
You will want to find your historical usage for the last 12 months to determine the best plan with the lowest rate for your household.
Parker Energy Companies
Showing 30 active providers · residential. Sorted by Google rating.
Are you looking for a great electric company in Parker?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, and more.
Click on the provider of your choice to view prices, learn more, or sign up.
No-Deposit Electricity Plans in Parker
Need to find an energy plan in Parker 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 around electric providers or browsing through websites to determine if different electricity companies need a deposit, this will save you tremendous time and effort.
Working for you, we will instantly review any deposit obligations for other plans, allowing you to get power and return to your regular activities stress-free.
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.
Parker Business Energy Rates
If you manage a business in Parker, you’ll discover many other organizations that call Parker home.
Parker has become a thriving place for many small to mid-sized companies. The city 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 energy companies to lower your electricity bill.
Compare Power bridges the gap between your business and energy providers by inviting various energy companies to compete for your business in a sealed bid process.
You enroll your information on Compare Power, and the companies will present their bids. You choose the lowest price. Simple, quick, and easy.
Click hereto get competing quotes for your business electricity.
Parker 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 Parker, visit the https://stormcenter.oncor.com or call them at +1 (888) 313-4747.
Gas
Call or visit Parker’s official city website for gas service in Parker to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Parker, the City of Parker 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 Parker
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 Parker
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.