This guide walks through the core decisions and pitfalls for Texans shopping for electricity. Full article content is ported from the design prototype. For production, connect this to your CMS or Convex content collection.

Fixed: predictability

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Variable: flexibility with risk

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Indexed plans: the third option

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Who should choose which

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CE

“Variable-rate freedom sounds great until February, when ERCOT spot prices hit $9,000/MWh and your bill arrives.”

— ChooseMyPower Editorial, Editorial team

Current Texas electricity rates

Best Fixed 12-mo
Rate 7.2¢
Term 12 mo
Monthly $72
Fixed 24-mo
Rate 7.4¢
Term 24 mo
Monthly $74
100% Green
Rate 7.4¢
Term 12 mo
Monthly $74

Rates as of May 2026 · Based on 1,000 kWh usage · Source: live ComparePower.com snapshot

Fixed vs. variable rate

Pros

  • Locked energy charge for the full term
  • Protected from wholesale spikes
  • Predictable monthly budget
  • Most common plan type in Texas

Cons

  • Early-termination fee ($150–$295) if you leave
  • Can't take advantage if rates fall
  • Requires re-shopping at contract end
Choose My Power Pick

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Compare live Texas electricity plans from every retail provider serving your meter. Sorted by true cost at your actual usage level — not the teaser rate.

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