Octo Simple 3
Octopus Energy | ZIP: 75028
Last updated:
Plan Specifications
| Utility (TDU) | TEXAS-NEW MEXICO POWER COMPANY |
| Plan Type | Fixed |
| Term Value | 5 Months |
| Prepaid | No |
| Time of Use | No |
| Special Terms | Lock in a fixed electricity rate for 3 months. Enjoy predictable pricing with no hidden fees, no surprises, and the friendly, award-winning customer service Octopus Energy is known for. |
| Pricing Detail | Cancellation Fee: $150.00 |
| Plan Details |
Benchmark Rates (EFL)
| @ 500 kWh | 17.2¢ |
| @ 1000 kWh | 16.5¢ |
| @ 2000 kWh | 16.1¢ |
Term Cost Projection
| Month | Usage | Rate | Est. Bill |
|---|---|---|---|
| Nov 2026 | 1,000 kWh | 16.5¢ | $165.00 |
| Dec 2026 | 1,000 kWh | 16.5¢ | $165.00 |
| Jan 2027 | 1,000 kWh | 16.5¢ | $165.00 |
| Feb 2027 | 1,000 kWh | 16.5¢ | $165.00 |
| Mar 2027 | 1,000 kWh | 16.5¢ | $165.00 |
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 17.2¢ and 16.5¢. This results in an estimated rate of 16.5¢.
Dec 2026 (1,000 kWh): Since 1,000 is between the 500 and 1,000 kWh tiers, the rate is interpolated between 17.2¢ and 16.5¢. This results in an estimated rate of 16.5¢.
Remaining 3 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 5-month term based on your seasonal usage patterns.
Total Estimated Bill for the 5-month term: $825.00
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 3
How much does the Octo Simple 3 plan cost per month in the TEXAS-NEW MEXICO POWER COMPANY service area?
Based on TexasPowerCost.com's linear-interpolation estimate, the Octo Simple 3 plan from Octopus Energy averages about $165 per month over its 5-month term in the TEXAS-NEW MEXICO POWER COMPANY service area, an effective rate of about 16.5¢ per kWh. Estimated 5-month total: $825.00. Always confirm against the official Electricity Facts Label (EFL).
Is Octo Simple 3 a fixed-rate or variable-rate plan?
Octo Simple 3 from Octopus Energy is a fixed-rate plan with a 5-month contract term.
Does the Octo Simple 3 plan use renewable energy?
Octo Simple 3 from Octopus Energy is rated at 100% renewable energy content.
Where can I see the official rates for Octo Simple 3?
The official, governing rates are in the plan's Electricity Facts Label (EFL) at https://octopusenergy.com/efl?productId=OCTO-SIMPLE-3&serviceProvider=TNMP&loadZone=LZ_WEST. TexasPowerCost.com estimates are for comparison only.
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