Best Waco Electricity Rates and Energy Plans
No matter how long you’ve lived in Waco, you can use this guide to learn how to unlock cheaper electricity through comparison shopping.
You have the power to choose your home’s electric provider in Waco.
Compare Power is a no-cost consumer service established in 2009 to help residents of Waco find their ideal energy plans.
These are the same official rates you’ll find after calling the energy companies or visiting their websites.
We present current offers from competing electrical companies to simplify and speed up your search for the right provider.
Offers from competing electricity companies are presented in a standardized format, making comparing your options simple and fast.
You don’t need to waste your valuable time making calls, searching websites, or crunching numbers.
Compare Power handles the search for your next energy provider.
Electricity Price Trends in Waco
The state deregulated the electricity market in Texas communities like Waco in 2002.
This means that Waco residents choose from competing energy providers instead of a single regional provider.
Deregulation helps consumers like you by forcing energy providers to compete for your dollars rather than establish one-size-fits-all rates.
You can take advantage of this competition by using Compare Power to find quotes from up to 100 energy providers.
Instead of looking through individual plans, you will see every plan offered by every provider through Compare Power’s search tool.
Average Electricity Rates in Waco
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
How to Find the Best Energy Plan in Waco
#1 rule: Know your usage!
The first step to cutting your energy bill is to know how much energy you use each month. Energy companies don’t customize their rate quotes to your estimated usage. Instead, they use a standard rate of 2,000 kWh as a baseline for all their quotes. This works fine if that is your monthly usage, but imagine the shock revelation of a monthly bill based on a higher usage rate.
Compare Power clarifies matters by customizing energy quotes based on your actual usage rather than a baseline rate. Before using the search tool, you only need your ZIP code and monthly electric usage for the past 12 months.
Once you input this data, Compare Power takes care of the rest. You will see quotes from energy providers serving Waco, including taxes and additional fees. The site lets you set up your service with a new provider without going to another site. All you need to get started is your last year of energy usage.
If you don’t know your usage, estimate
If you can’t acquire recent usage figures or are new to your current home, the next best thing is determining how much energy you will use in an average month.
While not as exact as knowing your previous usage, estimating your typical usage is better than choosing a plan that doesn’t match your household’s energy needs.
Use Compare Power to find the best energy plan for your**specific usage.
Moving to Waco: Setting up Electricity
This central Texas city is home to Baylor University and L3 Technologies.
Waco features great attractions like the Dr. Pepper Museum, the Waco Suspension Bridge, and the Texas Sports Hall of Fame.
Once you get acquainted with Waco, you will feel at ease about setting up an energy provider.
Important: If this is your first time setting up electricity service in Waco, you must get your home’s energy usage for the previous year.
To get previous usage figures, ask the last homeowner to check their billing statements for exact figures. Putting this information together will save you time and money.
Once you have these numbers, Compare Power can find the right plan for your energy needs.
At worst, you can estimate your monthly usage using the “Help Me Choose” tool. Compare Power reminds you to return and switch your plan at the end of your current contract.
Switching Electricity Companies in Waco
The constant change in the electric market means that shopping for the best rates is essential. Shop yearly for a better rate before the end of your service contract.
Your current electricity company will usually raise your electricity rate after your contract.
Check the rates of competing providers before renewing your energy contract. You might save money by continuing with a more expensive plan.
Switching is simple.
- You don’t need to call your current company to end your contract
- No need for a service call
- Your power will not go out
- The switch only takes a few minutes
Your new electric company will help you transition from your old contract to your new contract. This help includes canceling your previous contract and maintaining your service. There’s no need for your power to be disrupted because all wires and poles remain the same.
State law allows you to choose a date within 14 days of your contract’s end to switch energy plans without incurring early termination penalties. Some plans allow you to sign new contracts without penalty within 60 days of the plan’s end. You may also be better off canceling your old plan and incurring a penalty if your new plan offers substantial savings.
You only need your zip code and recent household usage to start with Compare Power.
Waco Energy Companies
Looking for a great electric company in Waco?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
Click on the company of your choice to view rates, learn more, or sign up.
No-Deposit Electricity Plans in Waco
With other comparison tools, you might find that the best energy plans require deposits before service.
After shopping with Compare Power, you need not worry about getting stuck with high upfront costs.
After entering your info, you will find quotes, including no-deposit plans, that will keep you powered even as you switch providers.
You might expect to pay a deposit for service, but it may not be necessary.
Thanks to a competitive marketplace, you should be able to find multiple plans that match your budget and usage rates without deposits.
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 in Texas Public Utility Commission §25.478— PUCT §25.478.
Waco Business Electricity Plans
Waco has many corporate headquarters, including L3 Technologies, HEB, and General Dynamics.
Whether you run a small business or a big corporation, using Compare Power, you can find an energy plan that meets your needs.
Your business benefits from comparison shopping on everything from office chairs to insurance.
Why not use Compare Power to shop around for energy plans? The site connects businesses to energy providers through a sealed bid process.
Energy companies compete for commercial customers like you, so you should receive favorable rates.
Once you pick a bid, you can sign up for service and focus on other aspects of your business.
Click hereto get competing quotes for your business electricity.
Waco 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 Waco, call or visit the https://stormcenter.oncor.com: +1 (888) 313-4747
Gas
For gas service in Waco, call or visit https://www.atmosenergy.com at 888-286-6700.
Garbage/Recycling Pickup
Garbage, sewer, and recycling services in Waco are included in the city’s water utility bill.
Water
The https://www.waco-texas.com/Departments is a public utility owned by the City of Waco, TX.
Customer Care: 254-299-2489
Hours of operation: Monday – Friday, 9 am – 5 pm.
24-Hour Emergency Service: Call 254-299-2489 if you suspect a water main break, leak, sewer overflow, or contamination.
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.
View Electricity Prices for Zip Codes in Waco
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 Waco
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.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.