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Waco

Written by:

Electricity Match

Published Jun 22, 2024

Waco Electricity & Energy Guide

Want to instantly compare the electricity rates and energy plans of different electric companies in Waco, Texas? Get in touch with ElectricityMatch.

Being a Waco resident, you can choose your preferred electricity providers and select the plans that fit within your budget. You can choose among the available 50 energy providers and around 300 electricity plans. We help our customers choose the best energy plans by comparing the electricity plans that align with their pockets.

Since Waco is a deregulated area, it does not have default electricity pricing plans. Consumers receive lower energy rates, especially from competitive electricity providers.

Waco Electric Companies

Are you wondering how to find the best retail electric service providers “REP” or retail electric companies in Waco, Texas? Contact ElectricityMatch.

You can also click on the company’s website to know their energy rates, learn more about their services, or contact them or sign up for the best reasonable electricity rates.

Here is a list of the top-notch electric companies in Waco.


Fun Facts About Waco, Texas

If you’re looking for a fun and exciting place to visit, look no further than Waco, Texas! This vibrant city is full of surprises, and there’s something for everyone to enjoy. Whether you’re into history, food, nature, or just plain fun, Waco has something to offer. Here are some fun facts about Waco that may surprise you.

History of Waco:

Waco was founded in 1849 by brothers George and Daniel Allen. The city was named after Indian Chief Waco, and it soon became a hub for commerce and transportation. In the early days, Waco was known for its timber industry, and the lumber mills located there were some of the most productive in the country. Furthermore, Waco was also home to several cotton mills, and the city played a vital role in developing the Texas railroad system.

Business in Waco:

Today, Waco is home to various businesses, including the McLennan County Chamber of Commerce, Baylor University, and more than 1,500 other businesses. Additionally, the city is also home to several popular tourist attractions, including the Dr. Pepper Museum, the Texas Sports Hall of Fame, and Cameron Park Zoo.

Fun Facts About Waco:

There are plenty of fun facts about Waco that will surprise and entertain you. Here are some of our favorites:

  • Waco is home to the world’s largest Dr. Pepper bottle.
  • The Dr. Pepper Museum is also home to the world’s most extensive collection of Dr. Pepper memorabilia.
  • Cameron Park Zoo is home to more than 1,500 animals from around the world.
  • The first hospital in Texas was located in Waco.
  • The Texas Sports Hall of Fame is home to more than 300 inductees, including Nolan Ryan, Troy Aikman, and Earl Campbell.
  • Baylor University is the oldest continuously operating university in Texas.
  • The first TV station in Central Texas was located in Waco.
  • The McLennan County Chamber of Commerce is Texas’s oldest chamber of commerce.
  • The Waco Suspension Bridge is the oldest bridge in Texas.
  • The first drive-in movie theater in the world was located in Waco.
  • The first Dairy Queen restaurant was also located in Waco.
  • The world’s most extensive collection of vintage cast iron skillets is located in Waco.
  • The first cotton gin in Texas was located in Waco.
  • The world’s largest collection of Baylor University memorabilia is also located in Waco.
  • The Texas Ranger Hall of Fame and Museum is the only museum in the world dedicated to the Texas Rangers.
  • The Waco Trolley is the oldest continuously operating trolley in the United States.
  • The Cameron Park Dam is the oldest dam in Texas.
  • The first drive-in bank in the world was located in Waco.
  • The first shopping mall in Texas was also located in Waco.
  • The Baylor Bears are the oldest continuously operating college football team in the United States.

Conclusion

Waco is a great place to live, work, and play. There’s something for everyone in this vibrant city, and you’re sure to have a good time no matter what you do. If you’re ever in the area, check out some of the great things Waco has to offer. Thanks for reading!

Waco Electricity Rates

Since Waco has a deregulated electricity market in Oncor energy, it offers you the right to choose a budget-friendly electricity provider. Oncor is the most extensive electricity distribution and transmission company that ensures that you get reliable and cost-effective services at your meter, regardless of your retail energy provider.

We at ElectricityMatch are the best energy providers in Waco, offering Waco residents free services to find the best energy plan for their homes and save big on their electricity-related expenses.


Types of Waco Electricity Plans

Fixed-rate plans are the ones for which homeowners have to pay a predetermined fee for as long as the contract expands. These plans typically extend for 6, 12, 24, or 36 months. No matter the change in weather, natural events, or market volatility, fixed-rate plans do not vary at any cost. With the winter storm causing massive outbreaks in 2021 in the gas and electricity prices, homeowners, consumers, and businesses with variable rates had to pay high prices.

Many electric companies in Waco, Texas, provide various fixed-rate, variable-rate, and prepaid power plans with varying term lengths, price options, and rewards. Due to this, customers find it quite confused or overwhelmed to choose their ideal electricity plans as per their needs.

With the electricity market opened in Waco, Texas, energy providers have entered and offered a variety of plans which has deliberately increased the competition. This way, customers found it easier to pick from the best power plans and incentives range.

Also, since many Waco electricity plants run on natural gas, and with the recent increase in natural gas prices, it will have a heavy impact on the cost structure in the coming future.


Green Energy In Waco

The availability of numerous green electricity plans makes it much easier for Waco homeowners to choose the best fit for their needs. Other electric companies in Waco, Texas, make renewable energy claims by purchasing and retiring RECs exceeding their need for green energy plans. Suppose a customer signs up for a 12-month 100% renewable energy plan and consumes 10,000 kWh. This way, the Texas energy provider would have to purchase and retire 10 RECs to satisfy their renewable energy obligation.

Similarly, retail electricity providers in Waco, Texas, need to ensure that they retire the proper number of RECs to support their product claims using independent auditors or recognized certification programs like Green-e. It will also help customers assure that their electricity plans meet renewable standards.

Waco has also started using more and more solar power and other renewable energies. An average of Solar companies ask homeowners and business owners to buy solar energy installations in bulk and get a heavy discount. Other Texas electricity providers are focused on offering plans to offer their residents specific incentives. Also, invest in renewable energy to reduce reliance on fossil fuels, diversify the energy supply, reduce greenhouse gas emissions, and improve air quality.

Easy Ways to Save on Energy in Waco

If you are searching for effective ways to save big money on Waco electricity rates, the steps below can help:

  1. Go for Conducting an energy audit on your home.
  2. Remove the products you don’t use VCR or DVD
  3. Replace old products with the new ones that are more energy efficient
  4. Look for Energy Star rated appliances that use less power and less standby power
  5. Put a group of devices like a computer, printer, or phone chargers on a power strip and turn off the power strip

If you wonder which devices cut back on your power consumption by working in your absence, programmable or smart thermostats are your answer. Thus, you can program your thermostats to limit your heating and cooling, especially when you are away at work. Turning the thermostat down by one degree can reduce power consumption by 1%. With every degree you turn down, you will observe your electricity bill going down.

Another major area where you can save big on your electric bill is switching to durable and more cost-effective LED lights that use semiconductors to produce light from electricity.


Find The Best Energy Plan in Waco

While many energy consumers today are unaware of their electricity usage unless they open their bill, it’s essential to know the monthly electricity usage before choosing any plans. Depending on the monthly energy consumption, the energy rates may vary, and the different usage tiers signify the following:

  • 500kWh for small to midsize apartments with average energy requirements
  • 1000kWh for large to medium-sized flats or houses with average electricity needs
  • 2000kWh for larger homes covering everything over 2000kWh.

Average Electricity Usage also varies depending on whether you have an old house or a new one with new structures. Many homeowners have the habit of running air conditioners throughout the summer.

When your monthly usage lies somewhat between 500kWh, 1000kWh, you can easily compare the electricity plans and know which power to choose in Waco. On the other hand, if your electricity usage constantly fluctuates, you might have to pay different rates in different months and even face trouble choosing the best plans.

If you face trouble finding your average monthly usage, you can calculate your yearly energy usage and divide it by 12. Hence, you will know which tier you fall into and can easily compare the best rates per your electricity needs. Also, ElectricityMatch makes it easier for you to compare the different tier rates.

  • For the small Apartment usage tier, you can check the box on the left side filter to sort our energy plans
  • For significant variance in your monthly usage, you must count the number of months you will fall into and compare the most common tier prices.
  • Read the EFL for each plan to be prepared in advance since every plan has additional fees.
  • Our accurate rates come with the included fees and are already available in our comparison engine
  • Based on your home size, consider looking at our comparison engine to find affordable energy rates
  • Finally, after finding your desired electricity plan and filling in the details, you are done

Our simple Home Size filters can come in helpful, especially at times when you can’t find your usage history or are moving into a new home with a size different than your previous one. ElectricityMatch is one of the best electric companies in Waco, Texas, offering the best energy plans for different-sized homes.


Moving to Waco: How To Setup Your Utilities

Setting Up Electricity At Your New Home

Before investing in a new home, consider asking your previous owners for their copies of the electricity bill for the past 12 months. This way, you will know your lowest and highest and average usage and hence will be able to find the best electricity plan and Waco electricity providers.

After finding your desired plan that matches all your electricity needs, sign up, and your home is ready to consume power. That’s when ElectricityMatch allows you to switch your super-expensive energy plans and save your valuable money at the end of the month.


Switching Electricity Companies in Waco

Whether you are new to switching your electricity plans or have gained expertise over the years, ElectricityMatch offers the best plan customized for your specific needs. You can easily compare plans and quickly switch between the best energy providers.

Being a Waco resident, you may think you have a good energy plan, but to be sure, you need to compare Waco electricity rates. With the cutthroat competition among energy companies keeps the energy rates low. Hence, it’s a good time if you do a thorough check of whether you have a good plan or not. You can reach out to ElectricityMatch a few days before your current plan expires and sign up for a new one you think can best fulfill your energy needs.

Don’t forget to compare plans to ensure you get the best deals from the best electric companies in Waco, Texas. Also, you should know that switching helps you save hundreds of dollars each year. Other reasons for which switching electricity is considered a healthy practice are as follows:

  • No need to call your home’s service providers since the new one can handle the cancellation for you
  • No need to call to cancel your previous energy plans
  • You will be saved from electricity interruptions
  • It’s a time-friendly and energy cost-saving process

You will enjoy seamless switching, especially at times of power outages. Regardless of your retail energy provider, you will receive your Waco electricity from the same distribution company.

Also, Texas Electricity Deregulation saves you from paying penalties or Early Termination Fees “ETFs” when you change providers in the last 14 days of your current power plan. On the other hand, consider checking how many months are left before the long-term power contract expires.

There are times when even paying the early termination fees is beneficial. Since power rates sometimes go down so much, you can still save millions of dollars even after paying penalties and save big financially.


Waco Retail Electric Providers

If you are on the lookout for the best retail electric service providers “REP” in Waco, Texas, ElectricityMatch can help. You can compare plans of the various electric companies in Waco, Texas, like Pulse Power, TXU Energy, TriEagle Energy, Constellation, 4Change Energy, and more. You can click on the company to learn more about their plans and services.


No-Deposit / Prepaid Electricity Plans

If you are someone who hates deposits and wants a prepaid plan only, ElectricityMatch allows you to filter out plans to suit your needs. Since individuals with fair credit scores or prepaid electricity plans need not pay a deposit, our comparison engine can efficiently help you do that.

Once you join hands with us, you need not worry about paying a high price for electricity, especially if it is your first apartment. You can choose from the available fair-priced no-deposit plans and save yourself from investing in the prepaid plans marked higher per kWh. Please go through our Waco No-Deposit Electricity plans for your ever-evolving power needs.

Deposit Waiver – Texas Public Utility Commission §25.478 Credit Requirements and Deposits

If you want to know how an applicant or a residential customer is eligible for having established satisfactory credit, read the points below:

  1. The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric 1. If the customer has been consuming power from the retail electricity providers within two years before their request for electric services. Also, he has not missed any payment to the electric service account and finally has not delayed paying the electric bill during the last 12 consecutive months.
  2. The customer owns a satisfactory credit rating, confirmed by the consumer reporting agency
  3. Customers are not directly responsible for making payments of their electric service accounts or are 65 years of age or older.
    1. The customer suffers from family violence
  4. The applicant or customer is medically indigent

If you possess PUC §25.478 requirements and are still being charged a high amount, you can send the waiver to your electric company. Once your new retail electricity provider receives your waiver, they can request documentation or confirm or deny it.


Plano Texas Local Business

Waco Business Electricity Plans

Today, Waco is home to various businesses, including the McLennan County Chamber of Commerce, Baylor University, and more than 1,500 other businesses. The city is also home to several popular tourist attractions, including the Dr. Pepper Museum, the Texas Sports Hall of Fame, and the Cameron Park Zoo.

Whether you are a small, medium, or large commercial business owner, you can compare your available electricity options and request a switch to a lower energy rate plan for your business.

Option 1:

Compare Business Energy Rates

If you want to know which power to choose in Waco, visit our small business electricity page for more details.

Option 2:

Call now to speak with our expert business electricity providers

1-833-226-8993

ElectricityMatch can offer you the most competitive energy prices to get the best deals for your small or large business or commercial energy rates and switch to the one that falls within your budget.

Plans for Zipcode: 76701

AP Gas & Electric

Plan Term Rate
True Classic 8
8 months
12.2 ¢ per kWh
True Classic 9
9 months
12.7 ¢ per kWh
True Classic 12
12 months
13.9 ¢ per kWh
True Classic 24
24 months
14.2 ¢ per kWh
True Classic 36
36 months
14.4 ¢ per kWh

Rhythm

Plan Term Rate
Simply Select 6
6 months
12.55 ¢ per kWh
Simply Select 14
14 months
14.11 ¢ per kWh
Simply Select 24
24 months
14.43 ¢ per kWh
Simply Select 12
12 months
14.49 ¢ per kWh
Simply Select 36
36 months
15.06 ¢ per kWh

4Change Energy

Plan Term Rate
Power Maxx Saver 12
12 months
12.9 ¢ per kWh
Power Maxx Saver 24
24 months
13.1 ¢ per kWh
One Rate 12
12 months
15.3 ¢ per kWh
One Rate 24
24 months
15.5 ¢ per kWh
Maxx Saver Select 24
24 months
15.6 ¢ per kWh
Maxx Saver Select 12
12 months
15.6 ¢ per kWh

TriEagle Energy

Plan Term Rate
Savvy Value 36
36 months
12.9 ¢ per kWh
Savvy Value 12
12 months
13.5 ¢ per kWh
Simple Green 24
24 months
15.5 ¢ per kWh

BKV Energy

Plan Term Rate
Verbena 24
24 months
13.1 ¢ per kWh
Verbena 36
36 months
13.1 ¢ per kWh
Verbena 12
12 months
13.2 ¢ per kWh
Verbena Green 36
36 months
13.3 ¢ per kWh
Verbena Green 12
12 months
13.4 ¢ per kWh
Verbena Green 24
24 months
13.4 ¢ per kWh

OhmConnect

Plan Term Rate
TexasConnect 24
24 months
13.7 ¢ per kWh
TexasConnect 36
36 months
13.7 ¢ per kWh
TexasConnect 12
12 months
13.8 ¢ per kWh
Half-price Nights 24
24 months
13.9 ¢ per kWh
PoolConnect 24
24 months
13.9 ¢ per kWh
PoolConnect 12
12 months
14 ¢ per kWh
Half-price Nights 12
12 months
14 ¢ per kWh
EVConnect 12
12 months
14.1 ¢ per kWh
EVConnect 24
24 months
14.1 ¢ per kWh
GreenConnect 12
12 months
14.1 ¢ per kWh

Veteran Energy

Plan Term Rate
Valor 12
12 months
15.1 ¢ per kWh
Secure 12
12 months
15.5 ¢ per kWh
Valor 24
24 months
15.6 ¢ per kWh
Valor 36
36 months
15.9 ¢ per kWh
Select 36
36 months
15.9 ¢ per kWh
Select 24
24 months
16.3 ¢ per kWh
Smart Thermostat 24
24 months
17.3 ¢ per kWh

Payless Power

Plan Term Rate
Rate Lock 6
6 months
15.7 ¢ per kWh
Rate Lock 12
12 months
16 ¢ per kWh

Express Energy

Plan Term Rate
Flash 24
24 months
15.7 ¢ per kWh
Flash 12
12 months
15.7 ¢ per kWh

TXU Energy

Plan Term Rate
Savers Discount 12
12 months
16.5 ¢ per kWh
Solar Saver 12
12 months
16.5 ¢ per kWh
Simple Rate 12
12 months
17.9 ¢ per kWh
Free Nights & Solar Days 12 (8 p.m.)
12 months
18.8 ¢ per kWh
Live Your Free 12
12 months
18.9 ¢ per kWh