What are the Lowest Electricity Rates in the Oncor 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 Oncor 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 Oncor area and you can also read up on similar information for Centerpoint, AEP North, 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

 Oncor – 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 LLC8.4
SOUTHERN FEDERAL POWER LLC8.4
VARSITY ENERGY LLC8.4
INFUSE ENERGY LLC8.5
VOLT ELECTRICITY PROVIDER LP8.5
WINDROSE ENERGY8.5
ELIGO ENERGY TX LLC8.7
RELIANT8.7
V247 POWER CORPORATION8.7
OUR ENERGY LLC8.8
SOUTHWEST POWER & LIGHT8.8
POWERNEXT8.9
GRIDPLUS ENERGY9.0
CIRRO ENERGY9.1
DISCOUNT POWER9.1
SUMMER ENERGY LLC9.3
VETERAN ENERGY9.3
4CHANGE ENERGY9.4
ENTRUST ENERGY INC9.4
EXPRESS ENERGY9.4
POWER OF TEXAS HOLDINGS INC9.4
MIDAMERICAN ENERGY SERVICES LLC9.6
AMIGO ENERGY9.7
JUST ENERGY9.7
TARA ENERGY9.7
CHAMPION ENERGY SERVICES LLC9.8
PULSE POWER LLC10.0
THINK ENERGY10.1
ENERGY TO GO10.5
TRIEAGLE ENERGY LP10.5
TXU ENERGY10.5
BRILLIANT ENERGY LLC11.3
AMBIT ENERGY12.7

Throughout January 2021, the lowest rate for a fixed rate plan was offered by 3 Retail Energy Providers (REP):

Energy Monger, Varsity Energy and Southern Federal Power. Energy Monger’s “12 Month E-Pay / E-Bill The Best Fixed Rate Plan” and Varsity Energy’s “HOMERUN 12” required paperless billing and autopay while Southern Federal Power’s “SoFed Better Rate – 12” did not have such a requirement. However, Southern Federal Power’s plan had the highest termination fee at $249 while Energy Monger’s plan’s termination fees were $15 per remaining months, and Varsity Energy’s plan’s termination fees were $150.

Ambit Energy  offered the highest rate with their plan called “Lone Star Classic 12.” This plan offers a discount if you are actively enrolled in paperless billing and automatic payments for billing.

Market trend: Slightly more than half of the Retail Energy Providers (REPs) changed their rate during January. Most of the changes consisted of a decrease in price during the second half of this month.

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
RELIANT8.2
ENERGY MONGER LLC8.4
INFUSE ENERGY LLC8.4
ELIGO ENERGY TX LLC8.5
WINDROSE ENERGY8.5
V247 POWER CORPORATION8.6
SOUTHERN FEDERAL POWER LLC8.7
CIRRO ENERGY8.8
DISCOUNT POWER8.8
SPARK ENERGY LLC8.8
VARSITY ENERGY LLC8.8
GRIDPLUS ENERGY9.0
SOUTHWEST POWER & LIGHT9.0
EXPRESS ENERGY9.1
VETERAN ENERGY9.2
4CHANGE ENERGY9.4
MIDAMERICAN ENERGY SERVICES LLC9.5
SUMMER ENERGY LLC9.5
AMIGO ENERGY9.6
CHAMPION ENERGY SERVICES LLC9.6
JUST ENERGY9.6
TARA ENERGY9.6
PULSE POWER LLC9.9
TRIEAGLE ENERGY LP9.9
ENERGY TO GO10.2
THINK ENERGY10.5

The plan called “Reliant Power On 24 Plan” was the cheapest 24-month fixed price plan for this month and was offered by Reliant. This offer was for new customers only who enroll through Power to Choose only and has an early termination fee (this fee does not apply if you move to a new location).

Think Energy  offered the highest rate for a 24-month fixed rate plan. Their plan was called “THINK SIMPLE 24 POWER TO CHOOSE ONLINE EXCLUSIVE.” This company was rated A+ on Better Business Bureau (on 2/18/21).

Market trend: Just under half of the REPs changed their rates. The general trend was a decreasing rate even if some increased their rate during the month.

2. Variable Rate Plans

Oncor – 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 LLC6.7
INFUSE ENERGY LLC6.8
SOUTHWEST POWER & LIGHT7.8
YEP7.8
ENERGY MONGER LLC8.5
DIRECT ENERGY8.7
FIRST CHOICE POWER8.7
RELIANT9.6
NEC CO-OP ENERGY11.6
TXU ENERGY11.9
AMBIT ENERGY17.0

Southern Federal Power had the lowest rate for January with a variable plan called “Variable Advantage: Month-to-Month.” This rate was only for new customers and reflects e-billing and autopay discount. Customers not enrolled in e-Billing and/or those who do not maintain an automated payment method was subject to additional fees.

Ambit Energy offered a plan called “Lone Star Flex”. This plan rate was the highest for this period and was offered to all customers.

Market trend: Many REP’s changed their variable rates during January. Interestingly, most of the changes happened between January 12th and  January 13th, 2021. Some of the REPs increased their price while others decreased it.

3. 100% Green Plans

Oncor – 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 UTILITIES8.5
GEXA ENERGY8.5
GREEN ENERGY EXCHANGE8.5
VARSITY ENERGY LLC8.6
CLEANSKY ENERGY8.7
CHARIOT ENERGY8.8
TOMORROW ENERGY CORP9.0
4CHANGE ENERGY9.5
CHAMPION ENERGY SERVICES LLC10.2
ATG CLEAN ENERGY10.3
CONSERVICE ENERGY10.3
PULSE POWER LLC10.3
ENERGY TO GO10.8
GREEN MOUNTAIN ENERGY COMPANY10.8
TRIEAGLE ENERGY LP10.8
IBERDROLA TEXAS11.1

There are 3 REPs that showed an equal lowest rate for this category: Frontier Utilities ”Eco Green 12,” Gexa Energy “Gexa Choice Green 12” and Green Energy Exchange  “Texas Green 12 Autopay.” Those 3 plans had the same early cancellation fees. The plan offered by Green Energy Exchange is available for all customers as opposed to the two plans that are only offered to new customers. Green Energy Exchange’s plan’s rate also requires autopay while the other two plans do not have such a requirement.

Iberdrola Texas offered a product called “Wind by TX 12”. This plan had highest rate for this category in January 2021.

Market trend: About half of the REPs changed the pricing for their 100% green 12-month plans in January 2021.  The changes were mostly a decrease in price.

Oncor – 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 ENERGY8.6
GREEN ENERGY EXCHANGE9.0
TOMORROW ENERGY CORP9.4
VARSITY ENERGY LLC9.4
ATG CLEAN ENERGY9.9
IBERDROLA TEXAS10.8

 

Chariot Energy had the lowest rate with the plan “Chariot Choice 24.” This plan applies to all customers (existing and new) and includes a $49 early termination fee.

Iberdrola Texas offered the highest rate of this table with a plan called “Wind by TX 24.” This plan also charges early cancellation fees.

Market trend: Only one REP changed its rate in January 2021 – Chariot Energy decreased the rate for his 100 % green fixed rate, 24 months length plan to the price shown in the above table.

Oncor – 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 LLC6.9
BULB8.6
CHARIOT ENERGY9.2
GREEN MOUNTAIN ENERGY COMPANY14.3
AMBIT ENERGY17.2

Infuse Energy‘ s plan “Keep It Simple Savings Green Flex” had the lowest rate for the 100% green variable rate plans. This offer was only available for new customers.

The REP that showed the highest rate was Ambit Energy. The plan’s name was “Ambit Green Texas Flex” and was available to all customers.

Market trend: In January, only Green Mountain Energy kept their 100% green variable rate plan price the same. All the others changed their rates towards the middle of the month. Some increased their rate while others lowered it.

* 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.