Fixed-Rate Electricity Plans in Texas

Current Plans in This Category (166)

Data updated September 4, 2026. From 41 providers with publicly listed pricing.

Who This Category May & May Not Fit

What's Actually Fixed on a Fixed-Rate Plan

What the contract locks is the pricing formula in the EFL: the per-kWh energy charge (or the set of charges, for tiered and time-of-use plans), the base charge, and any credit or window rules. Your provider cannot reprice any of it during the term. That's the entire guarantee — a locked formula, not a locked outcome. Feed a different month's usage into the same formula and you get a different bill.

Two things people often confuse with a fixed rate are different products entirely. A variable-rate plan lets the provider change the formula itself month to month — see fixed vs variable plans. And “budget billing” or a fixed monthly payment is a payment-smoothing arrangement layered on top of whatever plan you have: it levels your cash flow across the year and settles the difference later, but it doesn't change what your electricity costs.

Fixed Rate Doesn't Mean Fixed Bill

Even with the formula locked, your monthly total still moves with:

• Usage — the dominant driver — a Texas summer can double a bill without any rate changing
• TDSP delivery charges — regulated pass-throughs from your delivery utility that adjust when the PUC approves tariff changes, even mid-contract
• Taxes and regulatory fees — applied on top of the plan's charges
• Base charges — fixed dollars per month, so their share of your effective rate grows in low-usage months
• Bill credits — earned in months at or above the threshold, forfeited below it — the formula is fixed, the outcome swings
• Minimum-usage fees — added in months under the plan's usage floor
• Time-of-use windows — the day/night usage split changes the blended rate month to month

Fixed-Rate Doesn't Mean Simple

“Fixed-rate” is a rate-type disclosure, not a simplicity rating. A plan with a bill-credit threshold, usage tiers, a free-nights window, and a base charge is still contractually fixed-rate — every one of those terms is part of the locked formula. That's why two fixed-rate plans with similar benchmark prices can behave completely differently at your usage. If what you actually want is a bill that scales smoothly with usage, the filter you're looking for is the no-bill-credit list, and within it, plans without tiers or windows in the Notes column.

Choosing a Term Length

Term length is a separate decision from rate type, and it has its own trade-offs. 12-month plans are the market's default — the deepest inventory, the most competition, and an annual chance to re-shop, at the cost of renewing in the same season you signed. 24-month plans hold the formula through two summers with roughly double the cancellation fee and half the renewal frequency. Longer terms extend the same trade: more certainty, more commitment, more expensive exits. Each term page compares its own live inventory; the useful check before choosing is the same provider's price gap between terms, which tells you what the extra lock actually costs.

Early Termination and Moving

Every fixed-rate EFL discloses an early termination fee — in our current data commonly a flat amount that scales with term length, though some providers charge per month remaining instead, which changes the exit math substantially. Texas rules generally let you end a contract without the fee when you move out of the premises and provide the documentation the provider requires; that protection covers moves, not switches, and the exact process varies by provider. The EFL and Terms of Service for your specific plan are the authoritative source — verify both before signing if an early exit is plausible for you.

How TrueBill Compares Fixed-Rate Plans

Advertised averages are a single point on a curve, so we don't rank on them alone. Every plan in our inventory is priced as an estimated total monthly bill — energy charges, base charges, credit and window rules, and TDSP delivery — at multiple usage levels, and plans whose pricing formulas haven't passed our EFL review stay unlisted rather than being estimated wrong. Structural conditions like credit thresholds and minimum-usage fees are flagged rather than buried, because they change which plan wins at your usage. The full ordering rules are documented in how we rank plans.

What to Check Before Enrolling

Reading the EFL for These Plans

On a fixed-rate EFL, the energy charge section states the locked per-kWh price (or prices, for tiered plans). Delivery charges are listed separately and can change with the utility's tariff even mid-term. The EFL also states the term length, early termination fee, and — critically — the exact bill-credit or tier conditions that determine your effective rate at different usage levels.

Frequently Asked Questions