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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. 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 Providers Rate for 2000 kWh (¢/kWh)
SOUTHERN FEDERAL POWER LLC 8.1
ENERGY MONGER LLC 8.2
INFUSE ENERGY LLC 8.3
VARSITY ENERGY LLC 8.3
VOLT ELECTRICITY PROVIDER LP 8.3
RELIANT 8.4
SPARK ENERGY LLC 8.5
POWERNEXT 8.6
CIRRO ENERGY 8.7
DISCOUNT POWER 8.7
SOUTHWEST POWER & LIGHT 8.7
VETERAN ENERGY 8.7
4CHANGE ENERGY 8.8
WINDROSE ENERGY 8.8
V247 POWER CORPORATION 9.0
MIDAMERICAN ENERGY SERVICES LLC 9.1
POWER OF TEXAS HOLDINGS INC 9.2
SUMMER ENERGY LLC 9.2
AMIGO ENERGY 9.4
JUST ENERGY 9.4
TARA ENERGY 9.4
ENTRUST ENERGY INC 9.5
CHAMPION ENERGY SERVICES LLC 9.7
PULSE POWER LLC 9.7
TRIEAGLE ENERGY LP 9.9
TXU ENERGY 9.9
ENERGY TO GO 10.1
THINK ENERGY 10.2
CONSTELLATION NEWENERGY INC 10.7
AMBIT ENERGY 11.7

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 Providers Rate for 2000 kWh (¢/kWh)
RELIANT 7.8
INFUSE ENERGY LLC 8.3
SPARK ENERGY LLC 8.6
SOUTHERN FEDERAL POWER LLC 8.7
CIRRO ENERGY 8.8
SOUTHWEST POWER & LIGHT 8.8
V247 POWER CORPORATION 8.9
MIDAMERICAN ENERGY SERVICES LLC 9.0
WINDROSE ENERGY 9.0
CHAMPION ENERGY SERVICES LLC 9.3
AMIGO ENERGY 9.4
PULSE POWER LLC 9.4
TARA ENERGY 9.4
SUMMER ENERGY LLC 9.5
THINK ENERGY 9.5
JUST ENERGY 9.6
ENERGY TO GO 9.8
TRIEAGLE ENERGY LP 9.9
DISCOUNT POWER 10.0

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 Providers Rate for 2000 kWh (¢/kWh)
SOUTHERN FEDERAL POWER LLC 6.0
INFUSE ENERGY LLC 6.1
SOUTHWEST POWER & LIGHT 7.8
YEP 7.8
DIRECT ENERGY 8.2
FIRST CHOICE POWER 8.2
WTU RETAIL ENERGY 8.2
RELIANT 9.5
NEC CO-OP ENERGY 11.2
TXU ENERGY 11.5
AMBIT ENERGY 15.8

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.

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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 Providers Rate for 2000 kWh (¢/kWh)
FRONTIER UTILITIES 8.2
GEXA ENERGY 8.2
GREEN ENERGY EXCHANGE 8.3
CHARIOT ENERGY 8.5
TOMORROW ENERGY CORP 8.7
CLEANSKY ENERGY 8.8
VARSITY ENERGY LLC 9.1
PULSE POWER LLC 10.0
ATG CLEAN ENERGY 10.2
TRIEAGLE ENERGY LP 10.2
ENERGY TO GO 10.4
GREEN MOUNTAIN ENERGY COMPANY 11.1
IBERDROLA TEXAS 11.3

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 Providers Rate for 2000 kWh (¢/kWh)
CHARIOT ENERGY 8.4
GREEN ENERGY EXCHANGE 8.9
TOMORROW ENERGY CORP 9.0
ATG CLEAN ENERGY 10.0
IBERDROLA TEXAS 10.9

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 Providers Rate for 2000 kWh (¢/kWh)
INFUSE ENERGY LLC 6.1
BULB 8.3
CHARIOT ENERGY 9.2
GREEN MOUNTAIN ENERGY COMPANY 14.4
AMBIT ENERGY 16.7

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.