Laredo Electric Rates

Find the lowest rates from trusted energy providers in your area.

Laredo electricity rates

Residential electricity rates in Laredo, Texas, range from 11¢ to 22¢ per kilowatt-hour (kWh) on our marketplace, based on the typical usage level of 1,000 kWh.

Laredo electric rates vary based on a number of factors, such as:

  • Location: Local utility companies charge transmission and distribution fees to cover the cost of bringing power to your property and maintaining infrastructure, which can impact your overall energy rate.
  • Usage: Providers calculate your energy rate based on how much electricity you use each month. Various usage levels often have different rates. According to the Energy Information Administration (EIA), the average residential Texas energy usage is 1,146 kWh per month.
  • Seasonality: Electricity rates fluctuate throughout the year because of changes in energy demand. During the summer and winter months, demand is normally higher, causing rates to increase. Energy prices are usually cheaper when temperatures are milder, such as in early spring or late fall.

Texas Electric Rates is a free energy marketplace and can help you find the best Laredo energy plan. Enter your ZIP code on this page to compare current Laredo electricity rates.

This month’s best rates

Some of the cheapest electricity rates in Laredo as of February 25, 2025, include:

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Please note: All rates above are accurate as of today.

Tips for finding cheap electricity rates in Laredo

The majority of Texas has a deregulated energy market. Deregulation allows residents and businesses to choose their energy provider and plan, making it easier to find the best energy plan for your needs. You can use the free Texas Electric Rates marketplace to compare Laredo electricity prices and enroll in an energy plan in minutes.

Consider these shopping tips from our experts before signing a contract:

  • Consider a fixed-rate plan. We recommend fixed-rate plans for most of our customers because they offer more stability and predictable energy bills. Fixed-rate plans require you to sign a contract, but your electricity rate won’t change during your term.
  • Read the Electricity Facts Label (EFL). Each plan has its own EFL, which contains important details like your energy price, additional fees, contract length, and more. Review the EFL before signing up for a plan.
  • Check rates near you. Electricity rates can change depending on where you live. When shopping for an energy plan, be sure to check current rates offered in your area. Enter your ZIP code on this page, and we’ll show you a list of Laredo electricity rates near your home.

Top plan rates and features breakdown

In Laredo, your electricity utility provider is AEP Texas. Your utility — which is assigned by where you live — handles delivering electricity to your home and restoring power if there’s an outage.

The following tables outline some of the best energy plans for residents living in the AEP Texas service area.

Maxx Saver Select 24

Overview: This fixed-rate plan lasts 24 months and offers a $100 bill credit if you use at least 1,000 kWh.

Rates per kWh usage:

Monthly usage amount Average price per kWh Monthly bill estimate
500 kWh 21.1¢ $105
1,000 kWh 10.7¢ $107
2,000 kWh 15.6¢ $312

Early termination fee: $20 per month remaining on your contract

Features:

  • Secure rate for the duration of your contract
  • $100 monthly bill credit if your usage is at least 1,000 kWh
  • 60-day satisfaction guarantee

Electricity Facts Label (EFL): Access the Maxx Saver Select 24 EFL

Check availability

Flash 12

Overview: Secure a fixed rate for 12 months and receive a $100 bill credit if you use at least 1,000 kWh in a billing period. This plan requires autopay.

Rates per kWh usage:

Monthly usage amount Average price per kWh Monthly bill estimate
500 kWh 21.1¢ $105
1,000 kWh 10.7¢ $107
2,000 kWh 15.6¢ $312

Early termination fee: $20 per month remaining on your contract

Features:

  • Lock in a fixed rate for one year
  • $100 bill credit each month if you use at least 1,000 kWh
  • 60-day satisfaction guarantee

Electricity Facts Label (EFL): Access the Flash 12 EFL

Check availability

Gexa Eco Saver Plus 12

Overview: This fixed-rate plan lasts 12 months and is 100% renewable.

Rates per kWh usage:

Monthly usage amount Average price per kWh Monthly bill estimate
500 kWh 21.5¢ $107
1,000 kWh 11.1¢ $111
2,000 kWh 16.0¢ $320

Early termination fee: $150

Features:

  • Receive a fixed rate for 12 months
  • Powered by 100% renewable energy
  • $125 bill credit every month you use 1,000 kWh or more
  • 60-day satisfaction guarantee

Electricity Facts Label (EFL): Access the Gexa Eco Saver Plus 12 EFL

Check availability

The rates and terms listed for these plans are accurate at the time of publishing (February 25, 2025).

Laredo electricity providers

Currently, 4Change Energy and Express Energy offer the cheapest Laredo electric rates for customers who use about 1,000 kWh per month. You can use the free Texas Electric Rates comparison tool to find the best Laredo energy providers. Enter your ZIP code on our marketplace to begin.

Electricity rate overview

Before shopping for an energy plan, we recommend reviewing your energy bill. Your monthly bill includes helpful details about your usage and fees. If you have questions about your energy bill or want help shopping for a plan, call the number on this page to connect with an energy expert.

What you should know about your energy bill:

  • Usage: This is how much energy you consume per month, measured in kWh. Providers charge different rates depending on your usage. Your typical monthly usage is the most important piece of information to know when shopping for a plan.
  • Energy rate: Your total electric rate is made up of a base charge (which stays the same each month) and an energy charge (which varies by your usage).
  • Delivery charge: Your utility company charges fees for delivering electricity to your home and maintaining electrical infrastructure.
  • Bill credits: Some energy plans include bill credits, which are normally dependent on a specific usage threshold.
  • Early termination fee: Providers charge a fee if you cancel your plan before your contract ends. You won’t incur a cancellation fee if you’re ending service because you are moving outside of your provider’s service area.
  • Deposits: Most energy providers charge a deposit for customers with a low credit score. If you want to avoid paying a deposit, search for no-deposit energy plans in Laredo.

Let us help make energy easier

Texas Electric Rates is here to help simplify the energy shopping experience for Texans. We know the amount of plan and provider options can make the process feel overwhelming. Our customizable marketplace is free to use and includes straightforward guides to answer your questions along the way. We only partner with the best energy providers on the market, so you can feel confident that you will find top-tier plans with low rates on our marketplace. Learn more with the following resources: