Midland electricity rates
Midland electricity rates typically range from 10.5¢ to 22¢ per kilowatt-hour (kWh) for residential customers. Per the past 12 months of marketplace data, the average electricity rate in Midland is 15.35¢ per kWh. This rate is based on the typical usage of 1,000 kWh.
Electricity rates in Midland are impacted by a number of factors, including:
- Location: Transmission and distribution fees charged by local utility companies can vary by location, so enter your ZIP to find plans in your Midland area.
- Usage: The amount of electricity you use each month can affect your rate. Most homes use between 500 and 2,500 kWh of electricity per month.
- Plan length: Plans can have a set length, usually 12 to 36 months.
Texas Electric Rates is here to help Texans on their path to energy choice. Enter your ZIP code to learn which plans are available in your part of Midland.
Shop Midland electricity plans
Tips for finding cheap electricity rates in Midland
In Texas, energy is deregulated. Many providers have to get clever with presenting rates to customers to try to show the lowest rate. You can shop with free sites like Texas Electric Rates to find the best rates and learn more about offers.
Explore our shopping tips before you sign up for a plan:
- Shop for a fixed-rate plan: In most cases, fixed-rate plans are the best option for customers. Fixed-rate plans offer stability because your rate doesn’t change during the contract.
- Consider switching in late fall: Late fall is usually moderate in Midland, which can lead to lower electricity rates.
- Check the plan details: Before signing up, read the plan’s Electricity Facts Label (EFL) to understand the price per kWh, renewable energy percentage, and early termination fees.
Top plan rates & features breakdown
In Midland, your electricity utility provider is Oncor Electric Delivery. Below are some of the top plans available for residents in the Oncor service area.
Maxx Saver Select 12
Overview: 4Change Energy’s Maxx Saver Select 12 is one of the cheapest electric plans in Midland.
Early termination fee: $20 per month remaining on the contract (Note: This fee will not be charged if you end your contract early because you are moving out.)
Features:
- 12-month fixed-rate plan
- $100 bill credit when you use at least 1,000 kWh
- 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Maxx Saver Select 12 EFL
Gexa Eco Saver Plus 12
Overview: This Gexa Energy plan is 100% renewable and comes with a fixed rate.
Early termination fee: $150 (Note: This fee will not be charged if you end your contract early because you are moving out.)
Features:
- Fixed-rate plan with a 12-month contract
- 100% renewable energy source
- $100 bill credit each month for using at least 1,000 kWh
- 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Gexa Eco Saver Plus 12 EFL
Smart Edge 12
Overview: Enjoy a fixed rate for 12 months with this TXU Energy plan.
Early termination fee: $150 (Note: This fee will not be charged if you end your contract early because you are moving out.)
Features:
- 12-month fixed-rate contract
- Automatic $30 bill credit each month you use 800 kWh or more
- 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Smart Edge 12 EFL
Midland electricity providers
Currently, 4Change Energy and Express Energy are the providers with the lowest rates in Midland.
To find the best rates, enter your ZIP code to use Texas Electric Rates’ free comparison tool.
Your electricity rate breakdown
Your electricity bill doesn’t just tell you how much energy you’ve used. It also contains important details about your plan, including your rate, delivery charges, and any bill credits you’ve received. You can learn more below, or you can call the phone number on your screen to walk through this information with an energy expert from Texas Electric Rates.
What you need to know:
- Usage amount: This is how much energy you use, measured in kWh. Plans often have different rates depending on how much your usage is.
- Rate: This is how much your energy provider charges you for electricity. Your rate includes a base charge (a flat fee you’ll pay each month) and an energy charge (which varies depending on your usage).
- Delivery charge: This is the amount your utility company charges for distributing power to your home. Much like your energy rate, the utility’s delivery fee also consists of a base charge and a usage charge.
- Bill credit: A bill credit is a discount on a future electric bill. Some electric companies in Midland offer bill credits when you use a certain amount of energy in a particular billing cycle. For example, with Express Energy’s Flash 12 and 24 plans, you’ll receive a $100 bill credit for using 1,000 kWh (or more) in a month.
- Early termination fee: When you sign up for a fixed-rate plan, you’ll enter into a contract with your provider. If you break that contract early (either by canceling your plan or switching providers), you’ll need to pay an early termination fee (ETF). Some ETFs are flat fees, while others include a monthly charge for each month left on your contract.
- Deposit: Your Midland electricity company may ask for a deposit before beginning service. Collecting this money upfront helps protect the provider if you stop paying your bill. Your deposit will usually be returned as a bill credit after you’ve made on-time payments for a year. If you can’t afford a deposit, consider signing up for a no-deposit plan.
Let us help make energy easier
We created Texas Electric Rates to be a simpler, less confusing experience for Texans shopping for an energy plan. We know that plan options are overwhelming, so we’ve combined straightforward guides with a customizable marketplace to help you narrow down the options. We work with top providers across the state to give you access to the best selection possible in one place. Learn more:
