Best 24-Month Electricity Plans in Texas

Current Plans in This Category (29)

Data updated October 18, 2026. From 20 providers with publicly listed pricing.

Who This Category May & May Not Fit

Two Years vs One: How to Decide

The decision isn't really 24 months versus the field — it's 24 months versus the same provider's 12-month equivalent. That gap is the price of the second year of rate protection, stated in cents per kWh, and it moves week to week: sometimes it's effectively free, sometimes it's a real premium. Pull up the 12-month list next to this one and compare like for like before deciding.

What you're buying with the longer term is fewer decisions and less exposure: one enrollment instead of two, one renewal window instead of two, and no risk of renewal-shopping during a price spike next year. What you're giving up is the option to re-shop if listed prices fall — a 24-month contract holds whether the market goes up or down, and exiting early to chase a cheaper rate means paying the cancellation fee. Neither side of that trade is free, and nobody — providers included — reliably predicts Texas wholesale prices two years out.

The Exit Math: Moving, Selling, and Early Termination

A 24-month term doubles how long the early termination fee hangs over your decisions, and longer terms often carry a larger fee, so check the amount on the EFL. The structure matters as much as the amount: a flat fee costs the same whether you leave in month 3 or month 22, while a per-month-remaining fee is at its most expensive early in a long contract — exactly when an unexpected move is most likely to be far from the end date. Moving out of the premises generally waives the fee under Texas rules, with documentation, but selling isn't the only scenario worth gaming out: lease renewals, job changes, and household changes all land differently against a two-year commitment than a one-year one. If any of those are plausible inside two years, check the fee structure in the EFL before the rate.

What to Check Before Enrolling

Reading the EFL for These Plans

The EFL for a 24-month plan discloses the same items as any other — average prices at 500/1,000/2,000 kWh, base charge, bill-credit thresholds, and the early termination fee. Two things deserve extra attention at this term length: the exact cancellation fee structure (flat vs per month remaining changes early-exit math substantially over two years), and any language about in-term changes to pass-through delivery charges, which can move even on a fixed-rate plan.

Frequently Asked Questions