Olney Electricity Rates
Instantly compare competing electricity company rates and energy plans in Olney, Texas.
Rates for Olney
Graham Griffin
This electricity rates guide for Olney, Texas is current as of June 2026. Olney is a city of 3,285 residents located in Young County, Texas. Olney's electricity market is regulated, meaning residents are served by their local utility provider.
Guide by Graham Griffin
AboutOlney
Did You Know?
Olney was founded in 1880 as a railroad town when the Fort Worth and Denver Railway extended through Young County. The town was named after Richard Olney, who served as U.S. Attorney General under President Grover Cleveland, and quickly became a shipping point for cattle ranchers in the surrounding area during the height of the Texas cattle boom.
In 2019, Olney completed a major downtown revitalization project that restored several historic buildings along Main Street and added new sidewalks, lighting, and landscaping. The project has attracted new businesses to the downtown area and helped preserve the city's historic character while encouraging economic growth.
Olney is the birthplace of Tex Ritter, the famous country music singer and actor who starred in dozens of Western films in the 1930s and 1940s. Ritter, born in 1905, went on to become a member of the Country Music Hall of Fame and sang the theme song for the classic Western film 'High Noon,' earning him an Academy Award nomination.
Olney is home to the annual 'One Arm Dove Hunt,' a unique hunting competition exclusively for hunters who have lost the use of one arm or hand. Started in 1972, this event draws participants from across the United States and has become one of the most unusual and heartwarming sporting events in Texas, celebrating the determination and skill of disabled hunters.
Every October, Olney hosts the 'Swamp Romp,' a festival celebrating the town's proximity to several natural wetlands and lakes in Young County. The event features live music, local food vendors, fishing tournaments, and educational exhibits about local wildlife, drawing thousands of visitors who come to experience authentic small-town Texas hospitality and learn about the region's unique ecosystem.
Olney 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 |
As a resident or business owner within Olney, you can choose the electricity provider that best meets your specific needs.
Compare Power is a free consumer service started in 2009 to help residents of Olney search for their best electricity plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Offers from many different energy providers are shown in a powerful layout that simplifies evaluating alternatives.
This helps Texas consumers avoid hidden charges and marketing gimmicks by comparing plans "apples-to-apples" without spending hours calling different energy providers or clicking around on hundreds of websites.
Electricity Price Trends in Olney
Energy in Olney is deregulated. As an energy consumer, you have a choice when selecting a retail electricity provider (your electricity company), which gives you insight and control over your energy bill.
Deregulation of electricity in the state de-monopolized the energy market for most of the state, including Olney, which introduced lots of competition.
As a result, many excellent energy providers compete for your business in Olney by offering low prices, making it a great time to shop, switch, and save money on your energy bill.
As many as 60-100 energy companies compete for your account in Olney, with hundreds of plans to sort through.
Average Electricity Rates in Olney
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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.
Got me the cheapest electric. Nice.
How to Find the Best Energy Plan in Olney
#1 rule: Usage is key!
Determining the amount of energy you will consume month-to-month is the best way to find a deal on power in Olney. Why is this so vital?
The rate you see power providers advertising is for an exact monthly usage (usually 1000 kWh).
Every plan uses a different calculation for how your monthly bill is determined, and your monthly bill will vary depending on how much power you use in a month.
Unless you use exactly the advertised amount each month, you will end up paying an effective "price per kWh" different than the one you saw advertised when you signed up.
Thankfully, there's a better way to shop for energy rates.
Calculating your expected monthly bill based on expected monthly usage, then comparing rates by total monthly cost is the best way to shop for the lowest rate for your home.
Better yet, if you have 12 months of usage history for your household, 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 find the perfect electricity rate plan for your home.
Compare Power does all the complicated math for you instantly. What takes hours inside a spreadsheet is now done in a few moments.
We put you in the driver's seat, taking what would amount to hours of investigation, spreadsheets, and computations across hundreds of plans to assist you step-by-step with the electricity plan that's best for your home's consumption.
We clarify the details, disclosing the various charges, so you'll know exactly where your money is going and what to expect on your monthly bill.
We then assist you in enrolling with your chosen power provider without ever having to leave our website.
The takeaway here is you must determine your expected or historical usage before choosing the best electricity plan for your home.
If you don't know your usage, estimate
Suppose you recently purchased a home or business or cannot obtain 12 months of usage history. In that case, you can always estimate your average monthly energy usage.
Although knowing the previous 12 months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use Compare Power to shop for the best energy plan for your specific usage.
Moving to Olney: Setting up Electricity
If this is your first time setting up electricity service in Olney, 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: You can estimate your monthly usage if you can't obtain a usage history. Utilize our "Help Me Choose" tool when you enter your zip code below, and we'll help you evaluate your home's usage.
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 Olney
Switching is good. Market conditions are always changing, so it is important to shop for a lower price each year when your contract is close to expiring.
Your existing electricity provider will normally raise your energy rate once your term expires. If you fail to act, 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 energy providers.
Switching can save you hundreds or thousands of dollars yearly on your electricity bill.
Switching is easy:
- You don't have to contact your current company to cancel (no "break-up call")
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you make the switch, your new electricity company will handle everything for you, including canceling service with your previous company.
Your lights stay on when you switch. Electricity in Olney 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 providers. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration without an "early cancellation" penalty. Texas law protects you here.
If you're still under contract, find out 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 to break your existing contract.
If you're ready to switch and would like to know how to find the best plan remember that understanding your usage is the best way to find the lowest rate.
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 must collect the usage history for the past 12 months.
Olney Energy Companies
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Are you trying to find an excellent electricity company in Olney?
You can enroll for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
Click on the company of your choice to view prices, learn more, or sign up.
No-Deposit Electricity Plans in Olney
Need to find an energy plan in Olney that doesn't require a deposit?
If your first selection of plans mandates 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 surfing the internet and calling electricity companies to determine if a deposit will be required.
We will immediately check the different plans for deposit obligations, 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 waive the deposit if you meet one of the Texas Public Utility Commission §25.478 - PUCT §25.478.
Olney Business Power Plans
If you manage a company in Olney, you're in great company.
Olney has become a thriving place for many small to mid-sized companies. The city is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more growth opportunities.
You must shop for rates from competing energy companies to manage your electricity costs.
Compare Power bridges the gap between your business and energy providers by inviting various energy companies to compete for your business in a sealed bid process.
You enroll your information on Compare Power, and the companies will present their bids. You pick the best price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Olney 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 Olney, visit the or call them at .
Gas
For gas service in Olney, call or visit Olney's official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Olney, the City of Olney usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the Texas-New Mexico (TNMP) 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.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View Electricity Prices for Zip Codes in Olney
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View Electricity Prices for Cities Near Olney
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Olney Electricity Rates FAQs
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