Electra Electricity Rates
Instantly compare competing electricity company rates and energy plans in Electra, Texas.
Rates for Electra
Graham Griffin
This electricity rates guide for Electra, Texas is current as of June 2026. Electra is a city of 2,791 residents located in Wichita County, Texas. Electra's electricity market is regulated, meaning residents are served by their local utility provider.
Guide by Graham Griffin
AboutElectra
Did You Know?
Electra was founded in 1907 and named after Electra Waggoner, the daughter of wealthy rancher W.T. Waggoner, who owned vast oil and cattle holdings in North Texas. The town was established as an oil boomtown when the Waggoner family discovered oil on their ranch, leading to one of the most significant oil discoveries in Texas history that helped establish the state's petroleum industry.
In 2019, Electra completed a major downtown revitalization project that restored several historic buildings from the oil boom era, including the conversion of the old Electra Hotel into a community center and museum. The project has attracted new businesses and helped preserve the town's unique early 20th-century architecture while boosting local tourism.
Electra was the childhood home of Red Steagall, the official Cowboy Poet of Texas and a renowned country music singer-songwriter who has been inducted into the Western Music Hall of Fame. Steagall, who grew up on a ranch near Electra in the 1940s and 1950s, credits his North Texas roots for inspiring his authentic cowboy poetry and music that celebrates ranch life and Western heritage.
Electra is home to one of the oldest continuously operating oil wells in Texas, known as 'Electra Well No. 1,' which was drilled in 1911 and still produces oil today after more than 110 years. The well has produced over 500,000 barrels of oil during its lifetime and stands as a testament to the longevity of the North Texas oil fields that helped fuel America's early automotive age.
Every October, Electra hosts the annual 'Electra Goat BBQ Cook-off,' a unique festival that celebrates the town's ranching heritage with a twist—competitors must cook goat meat instead of traditional beef or pork. The event draws pitmasters from across Texas and Oklahoma, and the winning recipes often feature traditional Mexican and German influences reflecting the area's diverse cultural heritage from early settlers and ranch workers.
Your insider's guide to finding the best electricity rates and energy plans in Electra
If you're a long-time resident, new to Electra, a business owner, or need no-deposit power, this thorough guide will help you find your ideal power plan in Electra.
Electra electricity rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
 | APGE | APGE - SimpleSaver 15 Credits | 7.4c per kWh | 15 Mo | $250 | Fixed | |
 | Just Energy | Just Energy - Smart Choice - 12 Credits | 7.5c per kWh | 12 Mo | $175 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.5c per kWh | 12 Mo | $150 | Fixed | |
 | 4Change Energy | 4Change Energy - Maxx Saver Value 6 Credits | 7.6c per kWh | 6 Mo | $20/Mo remaining | Fixed | |
 | Gexa Energy | Gexa Energy - Gexa Eco Saver Plus 12 Green Credits | 7.6c per kWh | 12 Mo | $150 | Fixed | |
 | Frontier Utilities | Frontier Utilities - Frontier Saver Plus 12 Credits | 7.6c per kWh | 12 Mo | $150 | Fixed | |
 | Cirro Energy | Cirro Energy - Bill Bonus 24 Credits | 7.6c per kWh | 24 Mo | $295 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 7.6c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
 | Discount Power | Discount Power - Bill Credit Bundle 24 Credits | 7.6c per kWh | 24 Mo | $295 | Fixed | |
| Discount Power | Discount Power - Bill Credit Bundle 12 Credits | 7.7c per kWh | 12 Mo | $150 | Fixed | |
| Cirro Energy | Cirro Energy - Bill Bonus 12 Credits | 7.7c per kWh | 12 Mo | $150 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 24 Credits | 7.7c per kWh | 24 Mo | $20/Mo remaining | Fixed | |
| APGE | APGE - SimpleSaver 14 Credits | 7.7c per kWh | 14 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 15 Credits | 7.8c per kWh | 15 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.9c per kWh | 12 Mo | $150 | Fixed | |
| Just Energy | Just Energy - Smart Choice - 12 Credits | 7.9c per kWh | 12 Mo | $175 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 8.0c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
| Frontier Utilities | Frontier Utilities - Frontier Saver Plus 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed | |
| Cirro Energy | Cirro Energy - Bill Bonus 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed | |
| Discount Power | Discount Power - Bill Credit Bundle 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed |
You have the power to choose your home's energy company in Electra.
Compare Power is a free consumer service established in 2009 to assist residents of Electra in searching for their best electricity plan.
These official rates are the identical rates you'll find calling the energy companies or visiting their websites.
Plans from several different energy providers are shown in a convenient grid that makes evaluating alternatives simple and fast.
This assures Texas energy customers avoid hidden charges and marketing gimmicks by comparing plans "apples-to-apples" without wasting hours and hours calling different energy providers or clicking around on hundreds of different websites.
Electricity price trends in Electra
Energy in Electra has been deregulated. As an energy customer, you can choose a retail electricity provider (your energy provider), which gives you control and power over your energy bills.
Deregulation of electricity in Texas de-monopolized the electricity market for most of Texas, the city of Electra included, which introduced massive competition.
As a result, many excellent retail electricity providers compete for your business in Electra by offering low rates. This makes it a great time to compare, switch, and lower costs on your power statement.
As many as 65+ retail electricity providers compete for your account in Electra, with hundreds of plans to sort through.
Average electricity rates in Electra
[No resolver: eia_latest_data_period]
The average residential electricity rate in Texas is 15.7¢, 13% less than the U.S. average.
EIA Electricity Rates - National Average (3 Year Trend)
Residential YoY
+7.6%
Commercial YoY
+7.5%
Industrial YoY
+12.1%
Source: U.S. Energy Information Administration
Data through January 2026 · Up to date as of June 7, 2026
EIA data is typically published 2-3 months after the reporting period. Recent months may not yet be available.
- Emily (TX, United States)
How to find the best energy plan in Electra
#1 rule: Determine what your usage is!
Determining the amount of electricity you will consume month-to-month is the ideal way to find a deal on energy in Electra. Why is this important?
The "price per kWh" you see electricity companies advertising is for an exact monthly usage (typically 1000 kWh).
Every plan uses a different calculation for how your monthly bill is calculated, and your monthly bill will vary depending on how much power you consume each month.
Unless you use the advertised amount each month, you will end up paying an effective "price per kWh" different than what you observed when you enrolled.
Fortunately, there's a better way to shop for energy rates.
Calculating your total monthly bill based on estimated monthly usage, then comparing plans by the total monthly bill is the best way to shop for the best rate for your home.
Better still, if you have 12 months of usage history for your home, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter months and is the best way to determine the perfect electricity rate plan for your home.
Compare Power does all the complicated math for you in an instant. What takes hours inside a spreadsheet is now done in just moments.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans and navigating you step-by-step to the electricity plan that's best for your household's consumption.
We clarify the fine print, disclosing all fees, so you'll know exactly where your money is going and what to anticipate on your monthly bill.
We then assist you in enrolling with your chosen energy company without ever having to leave our website.
The takeaway here is you should determine your expected or historical usage before picking the right electricity plan for your home.
If you don't know your usage, estimate
If you recently purchased a home or business, or you cannot obtain 12 months of usage history, you can always estimate the average amount of energy that you will use in any given month.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly picking the first plan you see advertised by an electricity company at a specific usage that isn't what you'll consume.
Use Compare Power to find the best electricity plan for yourspecific usage.
Moving to Electra: Setting up electricity
If this is your first time setting up electricity service in Electra, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
Acquiring usage for the past 12 months may take effort, but the time (and savings) will be well worth it.
Once you have historical usage, Compare Power will do the math instantly to help you find the best plan for your home's usage pattern.
Note: If you are unable to obtain historical usage information, a second option would be to estimate your future usage using our "Help Me Choose" tool. By simply entering your zip code, the tool will be able to assess your home's projected electricity consumption.
Sign-up for a plan instantly through Compare Power. We will remind you when it's time to return to switch and save at the end of the plan term you decide on.
Switching electricity companies in Electra
Switching is good. Market conditions are always in flux, so it is important to shop for a lower rate yearly when your contract expires.
Your existing energy provider will normally raise your electricity rate once your contract expires. If you fail to take action, you'll be left on a month-to-month rate significantly more than the plan you signed up for.
Before renewing your contract, check the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars yearly on your electricity bill.
Switching is easy:
When you decide to switch, your new energy provider will handle everything for you, including terminating service with your previous provider.
Your lights stay on when you switch. Electricity in Electra is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch energy companies. Therefore the reliability of your service is not affected.
You can pick any date up to 14 days before your current contract's end date without an "early cancellation" penalty. That's Texas Law.
If you're still under contract, check how many months remain on your contract. You can set a future start date with most companies up to 6o days in advance.
And even if you're well inside your contract, savings achieved on your monthly bill by switching companies may outweigh the fee of breaking your existing contract.
If you're ready to switch and want to know how to find the best plan, remember that knowing your usage is the best way to find the cheapest price.
Keep in mind that when you get ready to switch, and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Electra energy companies
providersPhoneTable
No data found for this configuration.
Looking for a great electric company in Electra?
You can sign up for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
No-deposit electricity plans in Electra
If you need to find an energy plan in Electra that requires no deposit, we can help.
If assessed a deposit on your first plan selection, Compare Power will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more clicking around and calling energy companies to determine if a deposit is needed.
We will review the other plans for any deposit obligations immediately so you can get your lights on and return to your day.
Learn how to get no-deposit lights.
Deposit Waivers
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 - PUCT §25.478.
If you have any questions about deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Electra business power plans
If you manage a company in Electra, you're not alone.
Electra is home to many small and large companies and is a thriving place to run a company.
You need to compare prices from competing energy companies to lower your energy costs.
Compare Power bridges the gap between your business and energy companies by inviting various energy companies to compete for your business in a sealed bid process.
You enroll your information once, and the companies will present their bids. You get to pick the cheapest price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Electra utilities
Electricity
To learn more about smart meters or to download your Electricity Usage, visit .
To report an issue with your electricity service or power outages in Electra, visit the or call them at .
Gas
Call or visit Electra's official city website for gas service in Electra and to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Electra, the City of Electra usually handles water, garbage, sewer, and recycling services.
Other utility service areas in Texas
Not in the Oncor Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
View electricity prices for zip codes in Electra
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
No popular zipcodes found.
View electricity prices for cities near Electra
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
Don't see your city on the list? Use the zip code finder to search for your new low rate in your city.
Data last verified