What are the Lowest Electricity Rates in the AEP North 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 North 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 North area and you can also read up on similar information for Centerpoint, Oncor, AEP Central 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 North – Best Rate and Pricing for a Fixed Rate 12-month Plan during January 2021*
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
SOUTHERN FEDERAL POWER LLC8.1
ENERGY MONGER LLC8.2
INFUSE ENERGY LLC8.3
VARSITY ENERGY LLC8.3
VOLT ELECTRICITY PROVIDER LP8.3
RELIANT8.4
SPARK ENERGY LLC8.5
POWERNEXT8.6
CIRRO ENERGY8.7
DISCOUNT POWER8.7
SOUTHWEST POWER & LIGHT8.7
VETERAN ENERGY8.7
4CHANGE ENERGY8.8
WINDROSE ENERGY8.8
V247 POWER CORPORATION9.0
MIDAMERICAN ENERGY SERVICES LLC9.1
POWER OF TEXAS HOLDINGS INC9.2
SUMMER ENERGY LLC9.2
AMIGO ENERGY9.4
JUST ENERGY9.4
TARA ENERGY9.4
ENTRUST ENERGY INC9.5
CHAMPION ENERGY SERVICES LLC9.7
PULSE POWER LLC9.7
TRIEAGLE ENERGY LP9.9
TXU ENERGY9.9
ENERGY TO GO10.1
THINK ENERGY10.2
CONSTELLATION NEWENERGY INC10.7
AMBIT ENERGY11.7

Southern Federal Power was showing the lowest rate of this table. This offer was eligible to new customers only, the termination fee was $249. The plan was called “SoFed Better Rate – 12.”

Ambit Energy had the highest rate and offered this plan to all customers. The termination fee for this plan was $199. A discount of 0.2¢ per kWh applied to billing cycles if actively enrolled in paperless billing and automatic payments. Their plan’s name was “Lone Star Classic 12.”

Market Trend: Close to half of the REPs changed the price of their cheapest 12-month fixed price plan during this period with most of the changes being a decrease in price. The only REP that had a higher price at the end of January 2021 than at the start of the month was Think Energy.

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
RELIANT7.8
INFUSE ENERGY LLC8.3
SPARK ENERGY LLC8.6
SOUTHERN FEDERAL POWER LLC8.7
CIRRO ENERGY8.8
SOUTHWEST POWER & LIGHT8.8
V247 POWER CORPORATION8.9
MIDAMERICAN ENERGY SERVICES LLC9.0
WINDROSE ENERGY9.0
CHAMPION ENERGY SERVICES LLC9.3
AMIGO ENERGY9.4
PULSE POWER LLC9.4
TARA ENERGY9.4
SUMMER ENERGY LLC9.5
THINK ENERGY9.5
JUST ENERGY9.6
ENERGY TO GO9.8
TRIEAGLE ENERGY LP9.9
DISCOUNT POWER10.0

Reliant was the REP showing the lowest rate for this type of plan. This offer was offered to new customers only through Power to Choose. This plan included $295 termination fee and was called “Reliant Power On 24 Plan.”

The REP that offered the highest rate was Discount Power. Only new customers enrolled through Power to Choose website were eligible for this plan that also had a $200 termination fee. This plan’s name was “Value Plus 24.”

Market Trend: Just over half of the REPs changed their price for this type of plan in January 2021. Most of the changes were a decrease in price. Again, only Think Energy ended the month with a higher price.

2. Variable Rate Plans

AEP North – 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 LLC6.0
INFUSE ENERGY LLC6.1
SOUTHWEST POWER & LIGHT7.8
YEP7.8
DIRECT ENERGY8.2
FIRST CHOICE POWER8.2
WTU RETAIL ENERGY8.2
RELIANT9.5
NEC CO-OP ENERGY11.2
TXU ENERGY11.5
AMBIT ENERGY15.8

Southern Federal Power had the lowest rate for this category of product. Their plan was “Variable Advantage: Month-to-Month.” It was only available to new customers.

Ambit Energy was the REP offering the highest rate with their plan called “Lone Star Flex”.  All customers were eligible for this plan.

Market Trend: Most of the REP’s changed the price of their variable rate plans during this period. There were slightly more increases in price than decreases.

3. 100% Green Plans

AEP North – 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 UTILITIES8.2
GEXA ENERGY8.2
GREEN ENERGY EXCHANGE8.3
CHARIOT ENERGY8.5
TOMORROW ENERGY CORP8.7
CLEANSKY ENERGY8.8
VARSITY ENERGY LLC9.1
PULSE POWER LLC10.0
ATG CLEAN ENERGY10.2
TRIEAGLE ENERGY LP10.2
ENERGY TO GO10.4
GREEN MOUNTAIN ENERGY COMPANY11.1
IBERDROLA TEXAS11.3

Gexa Energy and Frontier Utilities were showing the lowest rate for this category of plans with their plans called “Gexa Choice Green 12” and “Eco Green 12,” respectively. Those plans were similar as they both have a $150 cancellation fee, and the eligibility was for new customers only.

The REP showing the highest rate here was Iberdrola Texas. Their “Wind by TX 12” plan also had a $150 early termination fee and was only available to new customers.

Market Trend: Just under half of the REP’s changed their prices this month for this type of plan. All of the changes were a decrease in price.

AEP North – 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 ENERGY8.4
GREEN ENERGY EXCHANGE8.9
TOMORROW ENERGY CORP9.0
ATG CLEAN ENERGY10.0
IBERDROLA TEXAS10.9

The lowest price here was offered by Chariot Energy. “Chariot Choice 24” was the plan they were offering and has a $49 cancellation fee and was available to all customers.

Iberdrola Texas had the highest rate with a plan called “Wind by TX 24.” This plan showed $150 of cancellation fee and was for new customers only.

Market Trend: Only Chariot Energy and Iberdrola changed the price of their 100% green 24-month fixed rate plan, and they were both a decrease in price.

AEP North – 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 LLC6.1
BULB8.3
CHARIOT ENERGY9.2
GREEN MOUNTAIN ENERGY COMPANY14.4
AMBIT ENERGY16.7

The REP having the lowest rate in this table is Infuse Energy. They offered a plan “Keep It Simple Savings Green Flex” to new customers only.

The highest rate was offered with the plan “Ambit Green Texas Flex” from Ambit Energy. This plan was available for existing and new customers.

Market Trend: All REPs in the above table changed their rate for this type of plan during January 2021 except Green Mountain Energy. Half of the other 4 REP’s increased their price while the other half decreased their rate.

* 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.