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Located along the Brazos River, the city of Waco lies south of Dallas, Texas. Known as one of Texas’ mid-size cities, Waco has roughly one-hundred and forty thousand residents. Its history is marked with growth and industrialization that spans from the Civil War through to World War II. Due to its place within a deregulated Texas electricity market, Waco residents are able to select an energy provider from the numerous service companies within the state.
With a rich history, vibrant community, vast employment and entertainment options – proud home to Baylor University – the city 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.
When it comes to Waco electricity consumption, the average monthly kilowatt-hours used by citizens is just over 1,170. In comparison to the national average, residents use over 200 kWh more of energy each month than others. Even with increased usage, the average bill for the city manages to match the U.S. average of roughly $112. Also, because residents are able to select from a number of energy companies, they can play a part in keeping their costs low.
Payless Power provides the best prepaid and standard energy plans with no cancelation fees and no deposit in the area. Since 2005, Payless Power has been a Waco electricity provider, helping people get a better energy rate and save on their average bill, regardless of income or credit history. As a family-owned business and not a giant electricity company in Waco, Texas, we take great pride in serving our customers with care and respect across the entire state.
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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.
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%.
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.
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.
Payless Power wants to be your Texas electric company.
Whether you live in a large city or small town, we can save you money with pay as you go electricity! Where do we provide Texas electricity? We service customers with no deposit electricity in more than 400 deregulated communities in Texas. We work with principal utilities throughout the state of Texas to provide prepaid electricity. The utilities are: Oncor in the Dallas / 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; AEP North in Abilene and other North Texas communities.
See why our power customers say we're the best electricity provider in Texas!
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…
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…
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.