ELECTRICITY RATES IN WACO
Waco Electricity Rates and Plans
Shop and compare energy plans from top electricity providers in Waco, Texas.
ENERGY COMPANIES & RATES IN WACO
Waco Electricity Guide
Waco electricity prices have remained stable over the past 7 days, holding steady at around 15.61¢/kWh for average-sized homes. The market shows 121 available plans with rates spanning from 7.58¢ to 23.56¢ per kWh. This stability is a positive sign, though we’re continuously monitoring trends to catch any shifts early.
7-DAY MARKET TRENDS
Electricity pricing trends in Waco
Track how electricity rates have changed over the past week.
Average Pricing for an Average Home (1000 kWh)
These rates are from the Oncor Electric Delivery utility region, which Waco is geographically located in.
ENERGY RATES IN WACO
Today’s lowest electricity rates in Waco
Waco residents can choose from 121 electricity plans thanks to Texas deregulation, which allows you to select your retail provider while the local utility handles delivery. With 59% of Waco homes being single-family residences averaging 1,225 kWh monthly, most shoppers should compare rates at the 1,000 or 2,000 kWh usage levels. Available options include 112 fixed-rate plans (averaging 15.43¢/kWh), 119 renewable energy plans (23 offering 100% green energy), 7 time-of-use plans, and 2 prepaid options. Current rates range from 7.58¢ to 23.56¢ per kWh, with an overall average of 15.61¢/kWh.
Compare All PlansMAY 02, 2026
TOP 6 LOWEST RATES IN WACO
COMPARE ELECTRICITY PLANS
Compare electricity plans in Waco
Based on 76633 ZIP code. 121 plans available. Rates were updated at 07:35 AM CDT on May 02, 2026.
ELECTRICITY RATES BY HOUSING IN WACO
Find the right plan for your home
Waco's housing is dominated by single-family homes (59%), averaging 2,261 square feet and using approximately 1,225 kWh monthly, with APGE's SimpleSaver 14 plan offering the best rate at 9.8¢/kWh (~$120/month) at that usage level. About 21% of residents live in larger apartment complexes, which average 517 kWh monthly and are best served by APGE's Rent Simple Saver 14 at 13.6¢/kWh (~$70/month).
Single-family homes
59% of homes in the city
Large apartments (10+ units)
21% of homes in the city
Small apartments (2-9 units)
16% of homes in the city
Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates 2023, Table B25024 — Units in Structure. Waco, TX (60,256 total housing units). Energy estimates based on EIA Residential Energy Consumption Survey (RECS), West South Central region.
HOW TO CHOOSE
Choosing an electric company in Waco.
When looking for your retail electricity provider and choosing an electric plan, there’s a number of factors to keep in mind. You’ll be able to choose a plan that’s best for you if you understand your energy usage and what’s important to you in a provider. Below are a series of tips to help you make the best decision for your household.
FREQUENTLY ASKED QUESTIONS
Common questions about energy in Waco
As of May 2nd, 2026, the lowest electricity rate in Waco is APGE's SimpleSaver 14 at 7.58¢/kWh. This is significantly below the market average of 15.61¢/kWh, representing potential savings of over 50% for Waco residents who choose this plan.
Waco's hot Texas summers significantly increase cooling costs, with typical homes using around 1,225 kWh monthly. Air conditioning drives peak usage during June through September. Choosing the right plan during these high-consumption months can help Waco residents manage seasonal electricity expenses effectively.
Since 59% of Waco housing consists of single-family homes averaging 1,225 kWh monthly, residents should select plans optimized for the 2000 kWh tier. This ensures you receive the best rate for your actual usage pattern and avoid higher per-kWh charges.
Compare Waco's 121 available electricity plans to find rates below the 15.61¢/kWh average. Consider the 119 green energy plans, which cost virtually the same (just -0.01¢ premium) as traditional plans while supporting renewable energy and potentially offering competitive pricing.
NEARBY METROS
Compare electricity rates in cities near Waco
Waco shoppers often compare plans in nearby Texas metros — rates, providers, and plan types can differ just a few miles away.



