Octo Simple 24
Octopus Energy LLC | ZIP: 75028
Last updated:
Plan Specifications
| Utility (TDU) | TEXAS-NEW MEXICO POWER COMPANY |
| Plan Type | Fixed |
| Term Value | 24 Months |
| Prepaid | No |
| Time of Use | No |
| Special Terms | Lock in a fixed electricity rate for 824 months with 100% renewable power. Enjoy stability through the seasons with no hidden fees or surprises on your bill — backed by Octopus Energy’s award-winning customer service. |
| Pricing Detail | Cancellation Fee: $250.00 |
| Plan Details |
Benchmark Rates (EFL)
| @ 500 kWh | 19¢ |
| @ 1000 kWh | 18.2¢ |
| @ 2000 kWh | 17.9¢ |
Term Cost Projection
| Month | Usage | Rate | Est. Bill |
|---|---|---|---|
| Nov 2026 | 1,000 kWh | 18.2¢ | $182.00 |
| Dec 2026 | 1,000 kWh | 18.2¢ | $182.00 |
| Jan 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Feb 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Mar 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Apr 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| May 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Jun 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Jul 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Aug 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Sep 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Oct 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Nov 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Dec 2027 | 1,000 kWh | 18.2¢ | $182.00 |
| Jan 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| Feb 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| Mar 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| Apr 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| May 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| Jun 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| Jul 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| Aug 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| Sep 2028 | 1,000 kWh | 18.2¢ | $182.00 |
| Oct 2028 | 1,000 kWh | 18.2¢ | $182.00 |
Estimated Bill Analysis for ZIP 75028
Based on the monthly usage provided and the electricity rate points, we can determine the estimated rates and bills for each month. Since electricity rates for different usage tiers are typically presented as average price points (often found on Electricity Facts Labels), we use linear interpolation to find the specific rate for each month's usage.
Explanation of Rates
Nov 2026 (1,000 kWh): Since 1,000 is between the 500 and 1,000 kWh tiers, the rate is interpolated between 19¢ and 18.2¢. This results in an estimated rate of 18.2¢.
Dec 2026 (1,000 kWh): Since 1,000 is between the 500 and 1,000 kWh tiers, the rate is interpolated between 19¢ and 18.2¢. This results in an estimated rate of 18.2¢.
Remaining 22 Months: Using the same interpolation method across the 1,000 and 2,000 kWh tiers (or 500/1,000 tiers where applicable), we project the rates for the remainder of your 24-month term based on your seasonal usage patterns.
Total Estimated Bill for the 24-month term: $4,368.00
Disclaimer & Disclosure: This analysis is a mathematical projection provided for comparison purposes in the TEXAS-NEW MEXICO POWER COMPANY service area. It is intended to help 75028 residents visualize potential costs. Please note that Retail Electric Providers may use different internal calculation methods, base charges, or secondary credits defined in their full Terms of Service. Always refer to the official Electricity Facts Label (EFL) for the final governing rates.
Frequently Asked Questions: Octo Simple 24
How much does the Octo Simple 24 plan cost per month in the TEXAS-NEW MEXICO POWER COMPANY service area?
Based on TexasPowerCost.com's linear-interpolation estimate, the Octo Simple 24 plan from Octopus Energy LLC averages about $182 per month over its 24-month term in the TEXAS-NEW MEXICO POWER COMPANY service area, an effective rate of about 18.2¢ per kWh. Estimated 24-month total: $4,368.00. Always confirm against the official Electricity Facts Label (EFL).
Is Octo Simple 24 a fixed-rate or variable-rate plan?
Octo Simple 24 from Octopus Energy LLC is a fixed-rate plan with a 24-month contract term.
Does the Octo Simple 24 plan use renewable energy?
Octo Simple 24 from Octopus Energy LLC is rated at 100% renewable energy content.
Where can I see the official rates for Octo Simple 24?
The official, governing rates are in the plan's Electricity Facts Label (EFL) at https://octopusenergy.com/efl?productId=OCTO-SIMPLE-24&serviceProvider=TNMP&loadZone=LZ_WEST. TexasPowerCost.com estimates are for comparison only.
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