Compare Lubbock Electric Prices

Lubbock, TX, recently joined the majority of Texas in deregulating its energy market. Beginning in January 2024, Lubbock residents gained the ability to choose their electricity company instead of being limited to buying power from their local utility company.

If you live in Lubbock, you can compare electricity rates and plans from several Lubbock energy providers to find the best option for your home or business. Residents who do not sign up for an energy plan with a retail electric provider (REP) will automatically be enrolled in a month-to-month plan with Reliant Energy, TXU Energy, or Octopus Energy. While these Lubbock electric providers offer a variety of quality energy plans, most month-to-month plans come with higher energy rates. Use the free Choose Energy marketplace to secure the cheapest energy rate in Lubbock today.

About 85% of Texans live in a deregulated area, and Lubbock residents joined them at the beginning of 2024. The Choose Energy marketplace is free to use and makes it simple to find and compare affordable electric plans from top-tier providers in Lubbock.

To begin exploring cheap electric companies in Lubbock, follow these three simple steps:

• Enter your ZIP code. We’ll show you some of the best energy rates and electric companies in your area. You can filter your results by plan type, rates, term length, and more. 
• Sign up online. Choose Energy can help you sign up directly through our marketplace. The online process only takes a few minutes.
• Enjoy your new energy plan. Your new Lubbock energy provider will complete the setup without interrupting your current service.

Deregulated energy gives Lubbock residents and businesses the power to choose their energy provider. In regulated areas of Texas, residents are limited to only receiving electricity from a single company — the local utility company. Deregulation opens the energy market to competition, so electricity providers are more likely to offer better plans and lower electricity rates to compete for your business.

Choose Energy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

To compare Lubbock electricity companies, enter your ZIP code on this page. We’ll show you today’s energy plans and prices available in your area and help you find the best energy provider in Lubbock.

Lubbock is now part of the Texas deregulated energy market, meaning residents and business owners can choose from electricity companies offering competitive rates and energy plans. However, your utility company plays a different role. The utility — which is determined based on where you live — delivers electricity to your home or business, maintains power lines, and responds to power outages. In Lubbock, the utility company is Lubbock Power & Light.

Lubbock has many reliable electric companies operating in the area, including TXU Energy, 4Change Energy, and Reliant Energy. Comparing Lubbock electricity companies and plans is simple with the Choose Energy marketplace. Once you’ve made your selection, we can help you sign up for your plan in minutes.

Power outages in Lubbock

Your utility company is in charge of maintaining electrical lines and responding to power outages in Lubbock. If your power goes out, contact Lubbock Power & Light — not your energy provider — to report the outage and receive updates about when service will be restored. Visit Lubbock Power & Light’s website to report an outage.

Use the Choose Energy marketplace to explore Lubbock electricity plans and providers at no additional cost. While comparing plans, you might encounter a few types of plans. Here’s an explanation of the most common types of plans you’ll find during your search. 

Fixed-rate plans

With a fixed-rate plan, the price you pay remains the same for the duration of your contract. Contracts typically last anywhere from six months to three years. If you cancel your plan before your contract expires, your provider will likely charge an early termination fee (ETF). However, you won’t incur an ETF if you cancel your plan because you’re moving out of the service area. Fixed-rate plans are best for customers wanting stability and predictable energy bills.

Variable-rate plans

With a variable-rate plan, the price you pay changes each month based on fluctuations in the energy market. You won’t have to enroll in a contract — you can switch plans or providers anytime without paying an ETF. However, your bill could be higher during times of increased energy demand. Variable-rate plans are best for customers who value flexibility and don’t mind the risk of higher rates.

Prepaid and no-deposit plans

Many no-deposit plans let you skip paying a deposit when starting service if your credit score is high enough. However, a prepaid energy plan is a common type of no-deposit plan that allows you to skip the credit check and deposit altogether. This plan lets you pay for electricity beforehand and fill your account as you go. If the funds in your account begin to run low, your provider will send you an alert to add more.

Lubbock green energy

Texas leads the nation in renewable energy, generating more wind energy than any other state and ranking second for solar power. If you’re interested in a green energy plan in Lubbock, you’ll have a range of options to choose from. 

Every Texas electric plan includes a portion of renewable energy. You can find the exact amount in your plan’s Electricity Facts Label (EFL). Some providers offer 100% green energy plans, including Gexa Energy and Green Mountain Energy. You can filter for green energy plans when you enter your ZIP code on this page.

Lubbock energy for businesses

Deregulated energy also benefits Lubbock business owners. Choose Energy can help you find cheap commercial energy plans and prices in Lubbock. Fill out the form on our business electricity page or call us to learn more about building a customized commercial energy plan for your business.

Electricity rates vary based on where you live, primarily because different utility companies operate across Texas. Utilities charge varying transmission rates and fees, which you can find on your electric bill. These fees impact the total cost you pay for electricity, meaning your electricity bill in Lubbock can differ from what your neighbor pays. For this reason, it’s important to compare electricity rates available in your area. Enter your ZIP code to find today’s Lubbock energy prices.

Lubbock has been moving its residents and businesses to the ERCOT power grid since 2023 and completed this transition in early 2024. If you are moving to Lubbock, you can choose your energy provider and sign up for a plan. Enter your Lubbock ZIP code on this page, and Choose Energy can help you compare options for your new home.

When did Lubbock deregulate its energy market?

Lubbock Power & Light began transitioning its customers to the deregulated energy market in Texas in 2023 and completed the transition in January 2024. Open enrollment for residential energy plans lasted from January 5 to February 15. Beginning in March, your Lubbock electric service transitioned to your new provider. If you didn’t sign up for an energy provider, you’ll automatically be assigned one under a default month-to-month plan.

Can I switch my Lubbock electricity provider?

Yes, you can switch energy providers at any time without paying a fee if you are enrolled in a variable-rate plan or month-to-month plan. If you sign up for a fixed-rate plan, you may be charged an early termination fee (ETF) if you cancel your contract before it expires to switch providers.

Who is the cheapest electric company in Lubbock?

On the Choose Energy marketplace, you can currently find the cheapest electric rates in Lubbock with Gexa Energy and Frontier Utilities. Energy prices can change daily, so check often to compare cheap Lubbock electricity rates today.

Which Lubbock electric provider is best?

The best electricity company in Lubbock depends on the type of plan you’re searching for. Some companies offer cheap prices for variable-rate plans. Others let you secure a stable rate under a fixed-rate plan. You can filter for what matters most to you using our marketplace.

How can I lower my electricity bill in Lubbock?

The most straightforward way to lower your electricity bill is by using less energy each month. You can do this by investing in energy-efficient appliances, using less energy during high-demand periods, and turning off unused lights and appliances.

When are Lubbock electricity rates the cheapest?

Electricity prices change from month to month based on factors like energy demand and the weather. Typically, you can find cheaper energy prices in Lubbock during the spring and fall months when temperatures cool down. In contrast, rates tend to increase during the summer when residents rely more on air conditioning.