Odessa electricity rates
Odessa electricity rates typically range from 10.5¢ to 22¢ per kilowatt-hour (kWh) for residential customers. Based on the past 12 months of our marketplace data, the average electricity rate in Odessa is 14.96¢ per kWh for the typical usage of 1,000 kWh.
Electricity rates in Odessa can vary depending on a number of factors, including:
- Location: Transmission and distribution fees charged by local utility companies can vary by location, so enter your ZIP code to find plans local to your Odessa 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, such as six or 12 months.
Texas Electric Rates is here to help Texans on their path to energy choice. Enter your ZIP code to explore available plans in your part of Odessa.
Shop Odessa electricity plans
In Odessa, your electricity utility provider is Oncor Electric Delivery. Below are some of the top plans available for residents with Oncor Electric.
Tips for finding cheap electricity rates in Odessa
In Texas, energy is deregulated. That means providers get clever with how they present 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.
Our shopping tips:
- 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 Odessa, 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.
Odessa electricity providers
Typically, 4Change Energy and Express Energy are the energy providers with the lowest rates in Odessa on our marketplace.
To find the best rates, enter your ZIP code and use Texas Electric Rates’ free comparison tool.
Best types of electricity plans in Odessa
You’ll find a few types of electric plans while shopping on the Texas Electric Rates marketplace. The best plan for you depends on your usage and energy goals. The most common types of energy plans in Odessa include:
- Fixed-rate plans: These plans secure your energy rate, so you’ll experience more predictable electricity bills each month. You’ll have to sign a contract, which can last anywhere from six months to three years.
- Variable-rate plans: With a variable-rate plan, you won’t have to sign a contract, so you can switch to another plan at any time. However, your rate can change monthly based on supply and demand in the market. Variable-rate plans are more flexible, but they’re also riskier than fixed-rate plans.
- Green energy plans: Many Odessa energy providers offer energy plans sourced partially or entirely from renewable energy sources. If you’d like to compare renewable energy plans in your area, enter your ZIP code on this page and filter for green energy.
Your electricity rate breakdown
We recommend reviewing key energy bill terms before shopping for a plan because these details can help you choose the best option. If you have questions, call the number on this page to discuss your options with an energy expert.
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: Your electricity rate consists of two charges — a base charge (which remains stable in each bill) and an energy charge (which changes based on usage).
- Delivery charge: This fee is from your utility, which is responsible for delivering electricity to your home.
- Bill credit: Some plans include bill credits for surpassing a certain usage level. Your monthly bill will include details about any credits applied.
- Early termination fee: If you cancel your contract before it ends, you may have to pay an early termination fee (ETF). You won’t incur an ETF if you cancel because you’re moving outside your provider’s service territory.
- Deposit: Some providers require a deposit based on a set credit threshold. If your credit score is lower than this threshold but you’d like to skip paying a deposit, you can search for no-deposit energy options in Odessa. Prepaid electricity plans are a common type of no-deposit option.
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:
