Energysavings.com is providing you with the most recent market updates regarding electricity plans in Texas. We are collecting daily snapshots from the Power to Choose website and analyzing them monthly to give you a full tour of the market trends and offers available in the deregulated area. Electricity plan types can be tricky! That is why we are grouping the most common plans and analyzing them every month to give you an apples-to-apples comparison.
TRENDS: NOVEMBER vs OCTOBER
Oncor Delivery Area – November 2021: Rates and Trends for Most Common Plans (non-green):1
Fixed Rate (cents/kWh) 12mo Plans |
Variable Rate (cents/kWh) | |||||
October | November | Trends | October | November | Trends | |
Lowest | 9.3 | 9.3 | 0% | 11.3 | 11.3 | 0% |
Highest | 15.4 | 15.4 | 0% | 17.9 | 17.9 | 0% |
Average | 11.9 | 12.1 | 2% | 12.8 | 12.9 | 1% |
Number of REPs | 28 | 25 | -11% | 10 | 10 | 0% |
1Trends show the percentage change in the rate from the previous month for the same category of products. This table compares the lowest price offered by each REP that offered the respective type of plan in each month. The “Highest” row above shows the highest price among all the lowest price plans offered by REPs offering that type of plan in this region for each month.
In the Oncor delivery area, we also captured that 3 REPs (Retail Energy Providers) stopped showing offers in the first category: DIRECT ENERGY, SOUTHERN FEDERAL POWER LLC and RANCHERO POWER. They are all still showing electricity plans on the Power to Choose website but for other kinds of products.
Regarding trends, in the first category (fixed-rate, 12-month plans) the market trend was pretty stable between October and November as we only captured a 2% increase for the average rate. Looking at the second product category in the table above, we observed the same trend as it is only showing a +1% for the average rate.
Oncor Delivery Area – November 2021: Rates and Trends for Most Common 100% Green Plans:1
100 % green, Fixed Rate (cents/kWh) 12mo Plans |
100 % green, Variable Rate (cents/kWh) | |||||
October | November | Trends | October | November | Trends | |
Lowest | 11.0 | 10.6 | -4% | 12.4 | 11.4 | -8% |
Highest | 13.7 | 13.7 | 0% | 18.1 | 18.1 | 0% |
Average | 12.0 | 11.8 | -1% | 15.1 | 14.4 | -4% |
Number of REPs | 10 | 12 | 20% | 4 | 4 | 0% |
1Trends show the percentage change in the rate from the previous month for the same category of products. This table compares the lowest price offered by each REP that offered the respective type of plan in each month. The “Highest” row above shows the highest price among all the lowest price plans offered by REPs offering that type of plan in this region for each month.
Concerning the 100% green products in November 2021 as compared to October 2021, we captured that similar to the other delivery areas, BRANCH ENERGY and ENERGY TEXAS are now showing offers on the Power to Choose website for the 100% green products in the fixed-rate, 12-month category. They are both “young” players as they were certified by the Public Utility of Texas within the last 2 years (Sources: PUCT website BRANCH ENERGY and ENERGY TEXAS.) In the 100% green, variable rate category, the number of players did not vary but we captured that CHARIOT ENERGY is no longer showing offers in November for this plan category while ENERGY TEXAS started to offer plans on the website the same month.
Looking at the trend for the 12-month fixed price product, the average rate decreased by 1% and the lowest rate also decreased by 4%. This cannot only be explained by BRANCH ENERGY entering the market with a low price but also by some players decreasing their rates in November. A decreasing trend is also observed in the lowest and average rates for the 100% green variable rate product.
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LIST OF ENERGY PROVIDERS/ PRICES
Oncor Delivery Area – November 2021: List of Lowest Reported EFL Prices for an estimated 1000 kWhs*
November 2021: Lowest Electricity Prices in Dallas, Texas (or Oncor TDU area): Non-100% Green 12-month Fixed Rate Plans:
(lowest to highest rate)
Energy Providers | Rate for 1000 kWh (¢/kWh) |
THINK ENERGY | 9.3 |
FRONTIER UTILITIES | 10.7 |
TRUE POWER | 10.9 |
EXPRESS ENERGY | 11.1 |
4CHANGE ENERGY | 11.2 |
VETERAN ENERGY | 11.3 |
INFUSE ENERGY LLC | 11.4 |
WINDROSE ENERGY | 11.5 |
SUMMER ENERGY LLC | 11.8 |
POWERNEXT | 11.9 |
SOUTHWEST POWER & LIGHT | 11.9 |
YEP | 11.9 |
CIRRO ENERGY | 12.1 |
DISCOUNT POWER | 12.2 |
CHAMPION ENERGY SERVICES LLC | 12.4 |
TARA ENERGY | 12.5 |
SPARK ENERGY LLC | 12.6 |
TXU ENERGY | 12.6 |
AMIGO ENERGY | 12.9 |
JUST ENERGY | 12.9 |
PULSE POWER LLC | 12.9 |
RELIANT | 12.9 |
TRIEAGLE ENERGY LP | 13.2 |
ENERGY TO GO | 13.6 |
AMBIT ENERGY | 15.4 |
64% of these energy providers (16 of 25) changed their prices during the month: 11 decreased and 5 increased. THINK ENERGY continued again this month to hold the lowest price spot while AMBIT ENERGY also continued to hold the highest price spot for this type of plan.
November 2021: Lowest Electricity Prices in Dallas, Texas (or Oncor TDU area): Non-100% Green Variable Rate Plans:
(lowest to highest rate)
Energy Providers | Rate for 1000 kWh (¢/kWh) |
INFUSE ENERGY LLC | 11.3 |
RANCHERO POWER | 11.5 |
SOUTHERN FEDERAL POWER LLC | 11.5 |
SOUTHWEST POWER & LIGHT | 12.1 |
YEP | 12.1 |
TEXPO ENERGY | 12.3 |
NEC CO-OP ENERGY | 12.9 |
RELIANT | 12.9 |
TXU ENERGY | 14.2 |
AMBIT ENERGY | 17.9 |
Five of these REPs, representing 50% of the total number of REPs, changed their prices. Among them, 3 providers decreased it while 2 increased it. INFUSE ENERGY LLC offered the lowest rate while AMBIT ENERGY offered the highest rate.
November 2021: Lowest Electricity Prices in Dallas, Texas (or Oncor TDU area): 100% Green 12-month Fixed Rate Plans:
(lowest to highest rate)
Energy Providers | Rate for 1000 kWh (¢/kWh) |
BRANCH ENERGY | 10.6 |
ENERGY TEXAS | 10.8 |
GEXA ENERGY | 10.8 |
MP2 ENERGY TEXAS LLC | 10.8 |
OCTOPUS ENERGY | 11.2 |
CLEANSKY ENERGY | 11.5 |
RHYTHM | 11.8 |
4CHANGE ENERGY | 11.9 |
CHAMPION ENERGY SERVICES LLC | 12.8 |
GREEN MOUNTAIN ENERGY COMPANY | 12.8 |
CHARIOT ENERGY | 13.3 |
TRIEAGLE ENERGY LP | 13.7 |
Six of these providers, or 50% of them, changed their prices during the month and again here no common trend as 4 decreased it and 2 increased their prices. BRANCH ENERGY offered the lowest price and TRIEAGLE ENERGY LP offered the highest one.
November 2021: Lowest Electricity Prices in Dallas, Texas (or Oncor TDU area): 100% Green Variable Rate Plans:
(lowest to highest rate)
Energy Providers | Rate for 1000 kWh (¢/kWh) |
INFUSE ENERGY LLC | 11.4 |
ENERGY TEXAS | 13.4 |
GREEN MOUNTAIN ENERGY COMPANY | 14.8 |
AMBIT ENERGY | 18.1 |
From this list of providers, INFUSE ENERGY LLC decreased their prices on November 12th while ENERGY TEXAS increased it just before the end of the month.
* Data obtained from powertochoose.org (Power to Choose) for the days from 11/1/2021 to 11/30/2021. The tables above list the lowest price in cents/kWh offered by each retail electricity provider (REP) for a given type of plan for a monthly usage of 1000 kWh. If more than one product was available from the same REP for a given type of plan, EnergySavings.com only included the one with the lowest rate in its analysis. Please note that as products and rates may change at any time in the day on Power to Choose; EnergySavings.com’s analysis is based on information captured in its single daily snapshot, and therefore cannot guarantee that every product and rate made available in the month has been captured. Please reach out to [email protected] if you feel that any meaningful data has not been captured and EnergySavings.com may, at its sole discretion, issue a correction to the report. The analysis is performed by excluding plans that are marked as “Minimum usage fees/credits”, “Time of Use”, and “Prepaid” according to the data captured from Power to Choose. For more information about the electricity plans mentioned in this report, please consult both the Electricity Fact Label (EFL) and Terms of Service (TOS) for those plans. Those documents are available on the Power to Choose site if the plan is still currently offered. The rates listed may differ if the REP has changed its pricing.