Honey Grove Electricity Rates
Instantly compare competing electricity company rates and energy plans in Honey Grove, Texas.
Rates for Honey Grove
Graham Griffin
This electricity rates guide for Honey Grove, Texas is current as of June 2026. Honey Grove is a city of 1,668 residents located in Fannin County, Texas. Honey Grove's electricity market is regulated, meaning residents are served by their local utility provider.
Guide by Graham Griffin
AboutHoney Grove
Did You Know?
Honey Grove was founded in 1873 and named after a grove of trees where early settlers found an abundance of wild honey from bee colonies. The town became a major railroad junction in the 1880s when the Missouri, Kansas & Texas Railroad and the Texas & Pacific Railway intersected here, making it a crucial transportation hub for Northeast Texas commerce and cattle shipping.
In 2020, Honey Grove completed a major downtown revitalization project that restored several historic buildings along Main Street, including the conversion of the old Masonic Lodge into a community event center. The project has attracted new businesses and helped preserve the town's Victorian-era architecture while boosting local tourism and economic development.
Honey Grove is the birthplace of Sam Rayburn, who served as Speaker of the U.S. House of Representatives for 17 years, longer than anyone in American history. Born here in 1882, Rayburn went on to serve 48 years in Congress and was instrumental in passing New Deal legislation, with the Sam Rayburn House Museum now preserving his childhood home as a state historic site.
Honey Grove claims to be the 'Sweetest Town in Texas' and hosts an annual Honey Festival, but the town's most unusual feature is its historic courthouse square that was built in a perfect octagon shape in 1889. This eight-sided courthouse design was extremely rare in Texas, and Honey Grove's version served as the county seat until Fannin County moved its government to Bonham in 1965, leaving behind this architectural curiosity.
Every October, Honey Grove transforms into a living history museum during its Heritage Syrup Festival, where locals demonstrate traditional East Texas sorghum syrup making using antique equipment and mule-powered mills. The festival celebrates the area's agricultural heritage and features dozens of vendors selling homemade preserves, jellies, and of course, pure sorghum syrup made the same way settlers did 150 years ago.
Your insider's guide to finding the best electricity rates and energy plans in Honey Grove
If you're a long-time resident, new to Honey Grove, a business owner, or need no-deposit power, this guide will help you discover your ideal power plan in Honey Grove.
Honey Grove 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 Honey Grove.
Compare Power is a free consumer service established in 2009 to help residents of Honey Grove search for their lowest-rate electricity plan.
These official rates are the same rates you'll find calling the electricity providers or visiting their websites.
Competing offers from many electricity providers are outlined in a convenient grid that makes comparing your options simple and fast.
This assists Texas consumers in avoiding hidden charges and marketing gimmicks by comparing plans "apples-to-apples" without wasting hours and hours calling different energy providers or sorting through dozens of other websites.
Electricity price trends in Honey Grove
Energy in Honey Grove is deregulated. As an energy customer, you have a choice when picking a retail electricity provider (your energy provider), which gives you control and power over your energy bill.
Deregulation of electricity in the state de-monopolized the energy market for most of Texas, including the city of Honey Grove, which introduced lots of competition.
As a result, many excellent power companies compete for your business in Honey Grove by offering low prices, making it a great time to shop, switch, and save costs on your energy bill.
As many as 60-100 energy companies compete for your business in Honey Grove, with hundreds of plans to sort through.
Average electricity rates in Honey Grove
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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 Honey Grove
#1 rule: Usage is king!
Determining how much electricity you will consume in a month is the best way to find a deal on energy in Honey Grove. Why does this matter?
The "price per kWh" you see electricity providers advertising is for an exact monthly usage (usually 2000 kWh).
Every plan has a different calculation for how your monthly bill is computed, and your monthly bill will vary depending on how much electricity you use each month.
Unless you match the advertised usage each month, you will end up paying a "price per kWh" different than what you observed when you enrolled.
Thankfully, there's a better way to shop for an electricity company.
Calculating your total monthly bill based on estimated monthly usage, then comparing plans by total monthly cost is the best way to shop for the lowest rate for you.
Even better, if you have a year 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 ideal way to determine the perfect energy plan for your home.
Compare Power does all the complicated math for you in an instant. What takes hours on a spreadsheet is now done in just seconds.
We put you in the driver's seat, taking what would amount to hours of research, spreadsheets, and computations across hundreds of offers, and navigate you step-by-step to the electricity rate plan that's best for your household's usage.
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 help you sign up with your selected electricity provider without leaving our service.
The bottom line is you should know your expected or historical usage before choosing the best energy plan for your home.
If you don't know your usage, estimate
If you cannot acquire 12 months of historical usage, or you're the owner of a brand new home, the next best thing is to estimate how much energy you will use in an average month.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly choosing 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 shop for the best electricity plan for yourspecific usage.
Moving to Honey Grove: Setting up electricity
If this is your first time setting up electricity service in Honey Grove, 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 cannot 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.
By signing up for a plan through Compare Power, you will receive automated reminders when renewing your existing plan or possibly switching plans.
Switching electricity companies in Honey Grove
Switching is good. Market conditions are constantly in flux, so it is essential to shop for a lower rate each year when your contract expires.
Your existing energy provider will typically raise your energy rate once your contract expires. If you do not take action, you'll be left on a month-to-month rate significantly higher 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 switch, your new energy provider will take care of everything for you, including terminating service with your previous company.
Your lights stay on when you switch. Electricity in Honey Grove is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver electricity 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 termination" fee. Texas law protects you here.
If you're still under contract, check how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
And even if you're well inside your contract, savings achieved on your monthly bill by switching providers 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 understanding your usage is the best way to find the best rate.
You will want to find your historical usage for the past 12 months to determine your household's best plan with the lowest rate.
Honey Grove energy companies
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Looking for a great electric company in Honey Grove?
You can enroll for services with great electricity providers such as TXU Energy, Reliant, Direct Energy, and more.
No-deposit electricity plans in Honey Grove
If you need to find an energy plan in Honey Grove that requires no deposit, we can help.
If your first selection of plans charges a deposit, Compare Power will automatically show you additional plans that require no money down.
That saves you a lot of time and hassle. No more clicking around and calling electricity companies to determine if a deposit is needed.
We will review the other plans for any deposit requirements instantly so you can get your power 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.
Honey Grove business power plans
If you run a business in Honey Grove, several other companies have also established themselves here.
Honey Grove is home to many small and large companies and is a great town to run a business.
To manage your energy bill, compare rates from competing providers.
Compare Power bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information on Compare Power, and the providers will present their bids. You get to pick the best rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Honey Grove 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 Honey Grove, visit the or call them at .
Gas
For gas service in Honey Grove, call or visit Honey Grove's official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Honey Grove, water, garbage, sewer, and recycling services are usually handled by the City of Honey Grove.
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 Honey Grove
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