How much does electricity cost in Waco, Tx?

The average residential electricity rate in Waco is 10.14 cents per kWh, making it 7.65% lower than the state average of Texas which is 10.98 cents per kWh. If a Waco household consumes 750 kWh per month, they would get a bill of around $76 a month. When compared to the national average, Waco’s electricity rate is 14.65% cheaper than the national average of 11.88 cents per kWh. The cost of electricity for business or commercial use is 9.12 cents per kWh in Waco. The national range of commercial electricity rates in the US is 6.86 cents/kWh to 34.88 cents/kWh. Thus, Waco’s rate of 9.12 cents per kWh is still cheaper than the national average rate of 10.09 cents per kWh.

Who provides electricity in Waco, Tx?

Waco, Tx is part of the deregulation system, which means electricity providers and utility companies serve different purposes. Your local utility company will still be responsible for distributing power to homes and businesses. The utility company responsible for consumers in the Waco area is Oncor Electricity. In cases you experience outages or infrastructure damage, Oncor is the one you should call or notify. While you can’t pick your utility company, you can select your electricity company or energy provider. Some of the most popular ones in Waco include Cirro Energy, Reliant Energy, TXU Energy, and Payless Power.

How do I choose a Waco energy plan?

As a resident or business owner in Waco, TX, you’re part of the deregulated Texas energy market. It allows you to choose an electricity plan rather than purchasing power from your local utility. It’s easy to compare Waco electric companies using an online marketplace that allows you to research and compare the best energy plans. Just enter your zip code in the online marketplace to see prices, plans, and the electric companies that serve your area. Plan terms can be selected from 3, 6, 12, or 24 months; plan types can be Fixed or Variable rates and Green Energy content can range from 0% to 100%.

Who has the cheapest electricity rates in Waco, Tx?

If you’re looking for the cheapest electricity rate in Waco, here are the top 4 companies offering a fixed-rate plan for a 12 month period at $0.069/ kWh: Just Energy, Frontier Utilities, Gexa Energy, and Express Energy. Among the pay-as-you-go plans, Payless Power is currently offering the best deal for just $0.147/kWh.

Home / Areas we Serve

A CHEAPER WAY TO BUY WACO ELECTRICITY

Same day connection. Instant approval. No deposit.

FINDING THE BEST ELECTRICITY RATES IN WACO, TEXAS

About Waco

The city of Waco lies south of Dallas, Texas, along the Brazos River. Waco has nearly 140,000 residents and is known as one of Texas’s midsize cities. Its history includes growth and industrialization spanning from the Civil War to World War II. Due to its place within a deregulated Texas electricity market, Waco residents can select an energy provider from the state’s numerous service companies.

The city has a rich history, vibrant community, vast employment opportunities, many entertainment options, and the Baylor University campus. It also has unique needs and challenges when it comes to electricity. Its residents need a reliable and trusted resource that they can turn to for affordable Waco electricity.

Waco electricity from Payless Power

Waco residents can find a flexible power plan to suit their lifestyle through Payless Power. Our options include prepaid plans with competitive rates that require no initial deposit or credit checks.

Texas residents have trusted Payless Power as a reliable energy company for nearly 20 years. Customers save an average of 20% on their electricity bills compared to previous bills.

Perhaps you need the flexibility of a prepaid plan. Payless Power caters to customers by providing real-time balance and usage alerts. This can help you save money by reducing your energy usage throughout the month. You’ll only pay for the electricity you use, and you won’t receive any surprise bills at the end of the month.

You can add money to your account any time over the phone or via our website or app, so you don’t have to worry about sudden disconnections resulting from failure to pay.

Like you, many customers take time to compare Payless Power to other electricity companies in Central Texas. They quickly find that Payless Power is the best option to meet their needs.

The Best Waco Electricity Company

Since 2005, Payless Power has been helping Texas residents obtain reliable energy with up to 20% savings on their average electricity bill. If you search “electric companies near me,” you will find Payless Power offers a range of flexible and personalized electric plans designed to meet your unique needs. Choose from prepaid plans with no deposit and no credit checks or traditional plans where you are billed at the end of the month for the amount of electricity used. Plus, you can pick the length of your contract, from as short as six months to as long as 36 months.

When you compare Payless Power to other electricity companies in Waco, you’ll soon discover the best, most affordable electricity plan options with plenty of happy customers.

Types of Electricity Plans We Offer

Prepaid Plans with No Deposit and No Credit Check
Traditional Plans Where You're Billed at the End of the Month
Contracts From 6 Months up to 36 Months Available

Shop Our Rates

Other Waco, TX Utilities

Oncor (Energy Delivery Provider)

Contact Oncor for delivery issues like power outages or downed lines

General Inquiries: (888) 313-6862

Power Outage: (888) 313-4747

Website

City of Waco Water Utility Services

Phone: 254.299-CITY (2489)

Website

Atmos Energy (Natural Gas)

Customer Service: (888) 286-6700

Gas Emergency: (888) 322-8667

Website

Experience the payless Power Difference

Get Texas Electricity and start saving today

Pay Ahead for Your Electricity and Save up to 20%

No Hidden Fees or Charges
Track Your Electricity Usage Daily
Only Pay for the Power You Need
Flexible Payment Options That Work for You

About Payless Power

HOW MUCH YOU CAN EXPECT TO PAY FOR ELECTRICITY IN WACO, TX

When it comes to Waco’s electricity consumption, the average price per kilowatt-hour (kWh) is $0.14. Waco residents spend about 11% less than the state average on utilities.

Of course, usage depends on the season. Waco, Texas, has a humid subtropical climate with hot summers and mild winters. In Waco, the average high temperatures in summer reach into the mid-90s, while winter months tend to hover around the mid-60s. In addition to usage, electricity rates fluctuate continuously, so your rate will depend on when you enroll in a plan and what the rates are at the time.

At Payless Power, we offer both 6-month and 12-month fixed-rate contracts, so once you sign up, you don’t have to worry about day-to-day fluctuations regardless of the season.

Sample Electric Bills

Based on the average local rate in Waco, we can calculate a household’s typical monthly energy usage based on the home or apartment’s size:

Apartment (750 sq. ft.)
approximately $71/month
Small Home (1,200 sq. ft.)
approximately $141/month
Large Home (2,000 sq. ft.)
approximately $235/month

Keep in mind that your electricity bill will vary based on your consumption habits.

Enter your Waco ZIP code to find an affordable Payless Power electricity plan to suit your household.

General Electricity Information

Q: What are the average electricity rates in Waco?

While rates can vary due to market conditions and energy usage, residents in Waco generally pay approximately 14 cents per kWh* for electricity. Exact rates are dependent on the provider and plan you choose.

*Approximate prices are determined by the averages of all Texas electricity providers, not solely Payless Power.

Q: How can I find affordable electricity plans in Waco?

Payless Power offers the ability to compare provider rates and plan options so you can easily find affordable electricity options. Fixed-rate or prepaid plans may help you manage costs more effectively.

Q: What affects electricity prices in Waco?

Seasonal demand, energy market fluctuations, and transmission costs are all factors that might affect electricity prices in Waco. For example, higher energy usage during summer months may increase rates.

Service Availability

Q: Is Payless Power available in Waco?

Yes, Payless Power serves Waco residents and businesses with prepaid electricity plans. No deposits or credit checks required.

Q: How quickly can I start electricity service in Waco?

Receiving same-day electricity service in Waco is easy with Payless Power. To enroll in a plan that best fits your needs, visit us online or call customer service.

Billing and Payment

Q: How does Payless Power’s prepaid electricity billing work in Waco?

Prepaid electricity plans allow you to monitor your daily energy usage, pay as you go, and refill your billing account as needed, making them a flexible option in Waco.

Q: Are there payment assistance programs for Waco residents?

Yes, private residents in Waco may qualify for LIHEAP (Low Income Home Energy Assistance Program) or similar programs. Click here for Payless Power’s article about low income home energy assistance programs in Texas.

Local Factors

Q: What are the peak electricity usage hours in Waco?

Waco’s peak usage hours generally occur between 4 PM and 9 PM as residents return home. For most efficient costs, consider saving heavy appliance usage for off-peak hours, especially during hotter months.

Q: How does Waco’s weather affect electricity bills?

Like many cities in Texas, Waco summers are hot and the winters mild. While air conditioning use increases during hotter summer months, sealing windows and using smart thermostats among other energy-efficient practices can help lower bills.

Q: Are there energy efficiency programs available in Waco?

Yes, Waco residents can enroll in programs that offer rebates and incentives for installing energy-efficient appliances and upgrades, such as the Oncor Energy Efficiency Program.

Switching Providers

Q: How do I switch to Payless Power in Waco?

The process to switch to Payless Power is easy and hassle-free, requiring no contracts or deposits. Simply contact customer service or enroll online to sign up for your plan today.

Q: Are there cancellation fees if I switch electricity providers in Waco?

Your current electricity provider determines whether or not you pay a cancellation fee when switching to a different provider; however, Payless Power’s prepaid plans have no cancellation fee.

Customer Support

Q: How can I contact Payless Power’s customer service in Waco?

Payless Power’s customer service is easy to reach and ready to assist with billing, payments, and service inquiries. To contact customer service, call (866) 963-9353 or reach out through the online portal.

Q: What should I do if there’s a power outage in Waco?

Contact your local utility company, Oncor, at (888) 313-4747 if you’re experiencing a power outage in Waco. Oncor, who is responsible for power line maintenance and management, is able to assist with any downed lines or other issues causing power outages.

What our customers are saying

Been a loyal customer with Payless Power since 2014. Customer Service reps are always very friendly and soooo helpful (except for only one time, I got one that thought she owned the place….). They want to help you not just take your money, and if you are in a bind with your electricity, they will help you and not make you feel like a bum….

Stephanie L. in Waco

I am pleased at the service from Paylesspower. Y’all have fast service and reliable electricity services. One call and I was switched to Paylesspower electricity. We enjoy the satisfaction knowing that our balance is always sent to use by message or email allowing us to know the remaining balance on our electricity so we can keep track of the money…

Rhonda T. in Waco

I’m so pleased with Payless Power Services
Always felt I was getting ripped off with the others

Jan B. in Odessa

This has been the easiest company to work with for electricity. I was worried about being able to get service due to past credit problems. I love the daily texts which help me monitor use and my balance. The price is more than affordable and I couldn’t be more pleased with the service.

Stacy W. in Waco

A Better Way to Get Power in Waco is Waiting For You

Payless Power takes the stress and hassle out of signing up for electricity with instant approval, no deposit, same day service, and top-notch customer service.

Shop Rates

Prepaid Electricity in Waco

What our customers are saying

See why our power customers say we're the best electricity provider in Texas!

Affordable and easy to make payments

I was worried about getting electricity for my home through a prepaid company. I was calling around to see different rates then going through all the hassle of credit checks while dropping points each…

Christine M. in Killeen

Happy Customer

I have been with this company for several years and have been very happy since. Even when I moved, they made my usually stressful situation very easy and carefree. I recommend them to everyone that I…

Julia L. in Webster

Long term customer

I have enjoyed the service for 2 years now. In the beginning this service was planned to be temporary but with the service being so effective for me i decided to keep it for the long haul. I’m a happy customer.

Kalandra H. in McKinney

*Same-day connection is available Monday through Saturday when you fund your account before 6:00 PM. Accounts funded after 6:00 PM, on Sundays, or on holidays will be connected first thing the next morning. Actual timing depends on your local utility company. Connection times are not guaranteed and may be delayed due to meter issues, switch holds, system outages, or weather. Our support team is always standing by to help.

About Payless Power

Payless Power wants to be your Texas electric company.

Whether you live in a large city or small town, Payless Power can save you money on your Texas electricity. We serve customers in over 400 deregulated communities in Texas with both traditional, postpaid plans on monthly billing cycles, and prepaid electricity that is pay-as-you-go with no deposit or credit check required.

We work with principal utilities throughout the state to provide electricity. The utilities are: Oncor in the Dallas and Fort Worth Metroplex and various parts of West Texas; CenterPoint Energy in Houston and the surrounding areas; AEP Central in Corpus Christi and surrounding areas; and AEP North in Abilene and other North Texas communities.