Southmayd Electricity Rates
Instantly compare competing electricity company rates and energy plans in Southmayd, Texas.
Rates for Southmayd
Graham Griffin
This electricity rates guide for Southmayd, Texas is current as of June 2026. Southmayd is a city of 1,003 residents located in Grayson County, Texas. Southmayd's electricity market is regulated, meaning residents are served by their local utility provider.
Guide by Graham Griffin
AboutSouthmayd
Did You Know?
Southmayd was established in 1887 as a railroad town along the Missouri, Kansas and Texas Railroad, commonly known as the 'Katy.' The town was named after railroad executive William Southmayd, who played a crucial role in bringing the railroad through North Texas, transforming the area from open prairie into a thriving agricultural community.
In 2020, Southmayd completed a major infrastructure improvement project that upgraded the city's water treatment facility and replaced aging water lines throughout the community. This $2.3 million project ensures reliable water service for residents and supports future growth while maintaining the town's small-community character.
Country music singer and songwriter Red Steagall, known as the 'Cowboy Poet of Texas,' spent part of his childhood in the Southmayd area. He later became famous for his Western swing music and poetry, was inducted into the Texas Country Music Hall of Fame, and served as the Official Cowboy Poet of Texas.
Southmayd sits on what was once part of the famous XIT Ranch, which was the largest fenced ranch in the world during the late 1800s. The XIT Ranch covered over 3 million acres across ten Texas counties and was created as payment to contractors who built the current Texas State Capitol building in Austin.
Despite having a population of just over 1,000 residents, Southmayd maintains one of the most active volunteer fire departments in Grayson County, with members responding to calls across a wide rural area. The annual Southmayd Volunteer Fire Department BBQ Cook-off has become a regional tradition, drawing visitors from across North Texas and raising funds for new equipment and community projects.
Southmayd Electricity Rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
 | APGE | APGE - SimpleSaver 15 Credits | 7.4c per kWh | 15 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.5c per kWh | 12 Mo | $150 | Fixed | |
 | Just Energy | Just Energy - Smart Choice - 12 Credits | 7.5c per kWh | 12 Mo | $175 | Fixed | |
 | 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 7.6c per kWh | 12 Mo | $20/Mo remaining | 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 | |
 | Discount Power | Discount Power - Bill Credit Bundle 24 Credits | 7.6c per kWh | 24 Mo | $295 | 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 | |
| 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 Southmayd, 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 Southmayd search for their lowest-rate energy plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Plans from many different energy providers are outlined in a convenient layout that makes comparing your options simple and quick.
This helps Texas consumers avoid hidden charges and advertising gimmicks by comparing plans "apples-to-apples" without spending hours making phone calls or clicking around on dozens of websites.
Electricity Price Trends in Southmayd
Energy in Southmayd has been deregulated. As an energy customer, you have a choice when picking a retail electricity provider (your electricity provider), which gives you control and power over your energy bill.
Deregulation of electricity in the state de-monopolized the electricity market for most of Texas, the city of Southmayd included, which introduced lots of competition.
As a result, many fantastic retail electricity providers compete for your business in Southmayd by offering low rates, making it a great time to shop, switch, and save costs on your power bill.
As many as 100+ energy companies compete for your business in Southmayd, with hundreds of plans to choose from.
Average Electricity Rates in Southmayd
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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 13, 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 Southmayd
#1 rule: Usage is king!
Determining how much electricity you will use monthly is the best way to find a deal on energy in Southmayd. Why is this so vital?
The "price per kWh" you see electricity companies advertising is for an exact monthly usage (usually 1000 kWh).
Every plan has a different equation for how your monthly statement is determined, and your monthly bill will be determined by how much electricity you consume each month.
Unless you use precisely the advertised amount each month, you will end up paying a "price per kWh" different than the one you saw advertised when you signed up.
Thankfully, there's a better way to pick your electricity rate.
Calculating your expected monthly bill based on estimated monthly usage, then comparing rates by total monthly cost is the best way to shop for the best rate for your home.
Even better, 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 summer and winter months and is the absolute best way to determine your home's ideal electricity rate plan.
Compare Power does all the complicated math for you instantly. 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 computations across hundreds of plans and assisting you step-by-step with the energy 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 goes and what to expect on your bill.
We then help you order your plan with your chosen energy company without ever having to leave our website.
The bottom line is you should understand your expected or historical usage before picking the right electricity plan for your home.
If you don't know your usage, estimate
If you cannot acquire 12 months of historical usage or own 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 picking the first plan you see advertised by an energy company at a specific usage that isn't what you'll consume.
Use Compare Power to find the best energy plan for your specific usage.
Moving to Southmayd: Setting up Electricity
If this is your first time setting up electricity service in Southmayd, 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.
By signing up for a plan through Compare Power you will receive automated reminders when it's time to renew your existing plan or switch plans.
Switching Electricity Companies in Southmayd
Switching is good. Market conditions are constantly in flux, so it is essential to shop for a lower rate each year when your contract is close to expiring.
Your existing electricity company will typically raise your energy rate once your term expires. If you fail to 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 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 power supply
- It takes just minutes
When you switch, your new energy provider will take care of everything, including terminating service with your previous provider.
There is no loss of power when you switch. Electricity in Southmayd 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 electricity companies. Therefore the reliability of your service is not affected.
You can choose 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 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 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 cheapest 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.
Southmayd Energy Companies
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Are you trying to find an excellent electricity company in Southmayd?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
To sign up, learn more, or view current rates, click on your chosen company.
No-Deposit Electricity Plans in Southmayd
If you need to find an energy plan in Southmayd that requires no deposit, we can help.
If you are assessed a deposit on your first plan selection, Compare Power will automatically show you other plans available without a deposit.
Instead of calling all sorts of electric companies or browsing through websites to determine if different electricity companies need a deposit, this will save you a ton of time and effort.
Working for you, we will instantly check any deposit obligations for other plans, allowing you to get power and return to your regular activities stress-free.
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.
Southmayd Business Power Rates
If you manage a business in Southmayd, you'll find many other organizations also call Southmayd home.
Southmayd is home to many small and large businesses and is a great town to run a business.
To lower 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 choose the best rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Southmayd 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 Southmayd, visit the or call them at .
Gas
For gas service in Southmayd, call or visit Southmayd's official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Southmayd, the City of Southmayd 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.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View Electricity Prices for Zip Codes in Southmayd
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View Electricity Prices for Cities Near Southmayd
Are you searching for a lower electricity rate in a different city? If so, you can find the location below and then click to sign up for a more affordable electricity plan.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.
Southmayd Electricity Rates FAQs
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