What are the Lowest Electricity Rates in the AEP Central Delivery Area in Texas for January 2021?

Power to Choose is a website created by the Public Utility Commission of Texas (PUCT) that lists electricity plans offered by certified Retail Energy Providers (REPs). For more information about Power to Choose and its role, please consult this page. If you haven’t decided which kind of plan best fits your needs, please consult our FAQ section for things to consider when shopping for your next electricity plan in Texas.

Our team at energysavings.com has been capturing daily snapshots of the energy plans offered on the Power to Choose site and has put together the following information regarding the energy plans offered during the month of January 2021 for the AEP Central delivery area. Please click here for a map that shows the location of the transmission and distribution utilities in competitive areas. This post is for the AEP Central area and you can also read up on similar information for Centerpoint, AEP North, Oncor and TNMP for January 2021. Please note that as rates may change at any time in the day on the Power to Choose site, the following analysis is only based on information captured in our snapshots each month.

1. Fixed rate Plans

 AEP Central – Best Rate and Pricing for a Fixed Rate 12-month Plan during January 2021*
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
ENERGY MONGER LLC9.0
SOUTHERN FEDERAL POWER LLC9.0
VARSITY ENERGY LLC9.1
VOLT ELECTRICITY PROVIDER LP9.1
INFUSE ENERGY LLC9.2
RELIANT9.4
POWERNEXT9.5
SOUTHWEST POWER & LIGHT9.5
V247 POWER CORPORATION9.5
WINDROSE ENERGY9.5
VETERAN ENERGY9.7
CIRRO ENERGY9.8
DISCOUNT POWER9.8
POWER OF TEXAS HOLDINGS INC9.9
SUMMER ENERGY LLC9.9
4CHANGE ENERGY10.1
ENTRUST ENERGY INC10.1
EXPRESS ENERGY10.1
MIDAMERICAN ENERGY SERVICES LLC10.2
AMIGO ENERGY10.4
CHAMPION ENERGY SERVICES LLC10.4
JUST ENERGY10.4
TARA ENERGY10.4
THINK ENERGY10.5
TRIEAGLE ENERGY LP10.5
PULSE POWER LLC10.6
CONSTELLATION NEWENERGY INC10.8
ENERGY TO GO11.2
TXU ENERGY11.5
AMBIT ENERGY12.7

Energy Monger and Southern Federal Power had the same rate for a 12-month fixed price plan in January 2021. Those two REPS were showing the lowest rate of this category. Energy Monger offered a plan called “12 Month E-Pay / E-Bill (Web Only).” The termination fee was $15 per month left in the term. The special terms of this plan mention that the discounts were not available if you did not sign up for and maintain AutoPay and Paperless services.

Southern Federal Power’s plan was called “SoFed Better Rate – 12.” This plan had a $249 early termination fee.

Ambit Energy showed a plan called “Lone Star Classic 12.” This plan offered a discount of 0.2¢ per kWh applied to billing cycles in which you are actively enrolled in paperless billing and automatic payments for billing.

Market Trend: Just under half the REP’s listed above have changed their rate during January 2021 for their cheapest 12-month fixed price plan. Most of them decreased their rate.

AEP Central – Best Rate and Pricing for a Fixed Rate 24-month Plan during January 2021*
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
RELIANT8.9
INFUSE ENERGY LLC9.1
SOUTHERN FEDERAL POWER LLC9.3
V247 POWER CORPORATION9.4
4CHANGE ENERGY9.5
CIRRO ENERGY9.5
DISCOUNT POWER9.5
EXPRESS ENERGY9.5
SPARK ENERGY LLC9.6
THINK ENERGY9.6
SOUTHWEST POWER & LIGHT9.8
WINDROSE ENERGY9.9
MIDAMERICAN ENERGY SERVICES LLC10.0
CHAMPION ENERGY SERVICES LLC10.2
SUMMER ENERGY LLC10.2
AMIGO ENERGY10.3
JUST ENERGY10.3
TARA ENERGY10.3
PULSE POWER LLC10.5
TRIEAGLE ENERGY LP10.5
ENERGY TO GO10.9

Reliant offered a plan called “Reliant Power On 24 Plan.” This was the lowest rate of this table. This offer was for new customers only who enrolled through Power to Choose and has a $295 cancellation fee.

Energy to Go showed the highest rate of this table with a product called “Fixed To Go 24.” The cancellation fee was $20/month remaining in the contract.

Market Trend: The price trend for 24-month fixed price plans was similar to the trend for the 12-month fixed price plans – just under half of the REP’s changed their rate and the majority of the changes was a decrease in price. Only Amigo Energy and Tara Energy increased their prices.

2. Variable Rate Plans

AEP Central – Best Rate and Pricing for a Variable Rate Plan during January 2021*
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
SOUTHERN FEDERAL POWER LLC7.4
INFUSE ENERGY LLC7.5
SOUTHWEST POWER & LIGHT8.4
YEP8.4
CPL RETAIL ENERGY9.2
DIRECT ENERGY9.2
FIRST CHOICE POWER9.2
RELIANT10.2
NEC CO-OP ENERGY12.0
TXU ENERGY12.9
AMBIT ENERGY17.0

Southern Federal Power  had the lowest rate for the variable rate product. This plan was called “Variable Advantage: Month-to-Month.” This product required enrollment in paperless e-Billing and payments that auto withdraw. This product was available for new customers only.

Ambit Energy had the highest rate of this table with a plan called “Lone Star Flex.”  This plan was offered to all customers (existing or new).

Market Trend: Almost all the REPs changed their variable plan price in January 2021. The only REP who kept the price of their cheapest variable price plan the same was TXU Energy. Of all the changes, there slightly more increases than decreases in price.

3. 100% Green Plans

AEP Central – Best Rate and Pricing for a 100 % Green Energy Fixed Rate 12-month Plan during January 2021 *
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
FRONTIER UTILITIES9.1
GEXA ENERGY9.1
GREEN ENERGY EXCHANGE9.2
CHARIOT ENERGY9.3
CLEANSKY ENERGY9.5
TOMORROW ENERGY CORP9.8
VARSITY ENERGY LLC9.9
4CHANGE ENERGY10.2
TRIEAGLE ENERGY LP10.8
ATG CLEAN ENERGY10.9
PULSE POWER LLC10.9
ENERGY TO GO11.5
GREEN MOUNTAIN ENERGY COMPANY11.5
IBERDROLA TEXAS11.8

Gexa Energy and Frontier Utilities were the REPs showing the lowest rate in this table. Their plans were “Gexa Choice Green 12” and “Eco Green 12,” respectively. Both plans had an early termination fee of $150 and were offered to new customers only.

The highest rate was offered by Iberdrola Texas. The plan’s name was ”Wind by TX 12.”  Similar to the plans described just before, the cancellation fee was $150 and only eligible to new customers.

Market Trend: About half of the REPs changed their price for this plan type in January 2021. All of the changes consisted of a decrease in price on various dates during the month.

AEP Central – Best Rate and Pricing for a 100 % Green Energy Fixed Rate 24-month Plan during January 2021*
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
CHARIOT ENERGY9.3
4CHANGE ENERGY9.6
GREEN ENERGY EXCHANGE9.8
ATG CLEAN ENERGY10.5
TOMORROW ENERGY CORP10.5
IBERDROLA TEXAS11.5

Chariot Energy was the REP that offered the lowest rate here. The plan was called “Chariot Choice 24.” It had a $49 cancellation fee and is available to all customers.

The highest rate was offered by Iberdrola Texas. Their plan’s name was “Wind by TX 24.” It was only available to new customers and has a $150 early termination fee.

Market Trend: About two thirds of the REPs kept their price the same for this plan type. Of the 2 REP’s who changed their price (Chariot energy and Iberdrola Texas), they decreased their prices, both between January 12th and January 13th, 2021.

AEP Central – Best Rate and Pricing for a 100 % Green Energy Variable Rate Plan during January 2021*
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
INFUSE ENERGY LLC7.6
BULB9.4
CHARIOT ENERGY9.8
GREEN MOUNTAIN ENERGY COMPANY15.0
AMBIT ENERGY17.4

Infuse Energy is showing here as the REP with the lowest price with its plan called “Keep It Simple Savings Green Flex.” It was only available for new customers.

Ambit Energy is showing the highest price. Their plan was called “Ambit Green Texas Flex “and was available to existing and new customers.

Market Trend: Almost all of the REP’s changed the price of their 100% green variable plans during this period. The only REP who did not do so was Green Mountain Energy. Most of the price changes observed for the other REPs were price increases when comparing the price at the start and at the end of the month.

* Data obtained from powertochoose.org (Power to Choose) for the days from 1/1/2021 to 1/31/2021. 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 2000 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. There was also about 5% data loss in each daily snapshot for the January 2021 period. 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 their pricing.