Your Insider’s Guide to Finding the Best Electricity Rates and Energy Plans in Thompsons
If you’re a long-time resident, new to Thompsons, a business owner, or need no-deposit power, this thorough guide will help you determine your perfect electricity plan in Thompsons.
Thompsons Electricity Rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
A | APGE | SimpleSaver 12 Credits | 5.9c per kWh | 12 Mo | $150 | Fixed | |
A | APGE | SimpleSaver 10 Credits | 5.9c per kWh | 10 Mo | $150 | Fixed | |
4 | 4Change Energy | Maxx Saver Value 12 Credits | 6.0c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
F | Frontier Utilities | Saver Plus 12 Credits | 6.0c per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Eco Saver Plus 12 Green Credits | 6.0c per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Saver Plus 12 Credits | 6.0c per kWh | 12 Mo | $150 | Fixed | |
D | Discount Power | Bill Credit Bundle 12 Credits | 6.0c per kWh | 12 Mo | $150 | Fixed | |
D | Discount Power | Bill Credit Bundle 24 Credits | 6.0c per kWh | 24 Mo | $295 | Fixed |
As a resident or business owner within Thompsons, you can choose the electricity provider that best meets your specific needs.
Compare Power is a free consumer service started in 2009 to assist residents of Thompsons shopping for their best electricity plan.
These official rates are the identical prices you’ll find contacting the energy companies or visiting their websites.
Competing plans from several different energy providers are presented conveniently, making comparing your options simple and fast.
This allows Texas consumers to avoid hidden fees and advertising gimmicks by comparing plans “apples-to-apples” without throwing away hours and hours making phone calls or navigating dozens of different websites.
Electricity Price Trends in Thompsons
Electricity in Thompsons has been deregulated. As a resident, you can choose a retail electricity provider (your energy company), which gives you insight and control over your energy bills.
Deregulation of energy in the state de-monopolized the energy market for most of Texas, the city of Thompsons included, which introduced massive competition.
As a result, many excellent retail electricity providers compete for your business in Thompsons by offering low prices, making it a great time to compare, switch, and lower costs on your electricity statement.
As many as 65+ retail electricity providers compete for your business in Thompsons, and hundreds of plans exist.
Average Electricity Rates in Thompsons
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 Thompsons
#1 rule: Determine what your usage is!
Discovering how much energy you will consume monthly is the ideal way to shop for electricity in Thompsons. Why should you care?
The rate electricity companies advertise for an exact monthly usage (usually 1000 kWh).
Every plan uses a different equation for how your monthly statement is computed, and your monthly bill will be determined by how much power you use in a month.
Unless you use precisely the advertised amount each month, you will end up paying a “price per kWh” different than the one you saw advertised when you ordered.
Thankfully, there’s a better way to shop for power companies.
Calculating your total monthly bill based on anticipated monthly usage, then comparing plans by the total monthly bill is the best way to shop for the lowest rate for your home.
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 ideal way to discover the right electricity rate plan for your home.
Compare Power does all this math for you in an instant. What could take you hours on a spreadsheet is done in a few moments.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans and guiding you to the best electricity rate plan for your home’s usage.
We clarify the fine print, disclosing the various charges, so you’ll know exactly where your money is going and what to anticipate on your bill.
We then assist you in enrolling with your chosen power provider without ever having to leave our website.
The takeaway here is you should understand your expected or historical usage before ordering 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 usage history. In that case, you can always estimate your average monthly energy usage.
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 Thompsons: Setting up Electricity
If this is your first time setting up electricity service in Thompsons, 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 Thompsons
Switching is good. Market conditions are constantly changing, so it is essential to shop for a lower price every year when your contract is about to expire.
Your existing energy company will typically raise your electricity rate once your contract 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, 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 call 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 energy provider will take care of everything, including terminating service with your previous company.
There is no loss of power when you switch. Electricity in Thompsons 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 within 14 days of your contract expiration without an “early termination” 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 to break 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 best 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.
Thompsons Energy Companies
Showing 30 active providers · residential. Sorted by Google rating.
Are you trying to find an excellent electricity company in Thompsons?
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 your chosen company.
No-Deposit Electricity Plans in Thompsons
Need to find an energy plan in Thompsons that doesn’t require a deposit?
If your first selection of plans charges 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 providers to determine if a deposit is needed.
Working for you, we will instantly check any deposit requirements 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.
Thompsons Business Power Plans
If you manage a company in Thompsons, you’re not alone.
Thompsons 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.
To manage your energy costs, compare rates from competing energy companies.
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 on Compare Power, and the providers will present their bids. You choose the cheapest rate. Simple, quick, and easy.
Click hereto get competing quotes for your business electricity.
Thompsons Utilities
Electricity
To learn more about smart meters or to download your electricity usage, visit (713) 207-2222.
To report an issue with your electricity service or power outages in Thompsons, visit the https://outage.centerpointenergy.com or call them at (713) 207-2222.
Gas
For gas service in Thompsons, call or visit Thompsons official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Thompsons, the City of Thompsons usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the Centerpoint 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 Thompsons
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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- 75061
Showing 40 of 1321 TX ZIP codes.
View Electricity Prices for Cities Near Thompsons
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