Are Texas electricity rates going up or down right now?

It depends on your area, and it changes. This page tracks the average and cheapest fixed-rate energy price daily for the Houston, Dallas–Fort Worth and Austin markets, and shows the recent direction over the past ~60 days. Read it as recent history, not a forecast — no one can reliably predict where rates go next.

Should I lock in a Texas electricity rate now or wait?

For most people the reliable move is to lock the cheapest fixed-rate plan for your actual usage now, rather than gamble on timing the market. The recent trend mainly helps with term length: if rates have been easing, a shorter 12-month fixed keeps you free to re-shop sooner; if they have been rising, a longer fixed term locks in today's price against further increases.

Do Texas electricity rates drop in the fall?

Often, yes — wholesale power and natural-gas prices tend to ease after the summer cooling peak, and that can pull retail fixed offers down in the fall. But it is a tendency, not a guarantee, and delivery (TDU) charges move on their own schedule. Use the actual trend here rather than assuming.

How often do Texas electricity rates change?

Retail providers can and do re-price their plans continually — we see changes almost every day in the plan feed. That is why locking a fixed rate matters: it freezes your energy price for the whole term while the market keeps moving.

Texas Electricity Rate Trends

Wondering whether to lock in a fixed rate now or wait? We track the average and cheapest fixed-rate energy price every day across the major Texas markets. Here's the recent direction, and an honest read on what to do about it — the reliable move is almost always to lock the cheapest fixed plan for your usage; the trend just helps you pick the right term.

Fixed-rate energy prices, energy-only (delivery/TDU charges are separate). Tracked daily; updated 2026-08-17. Recent direction only — not a forecast.

Easing

Houston · CenterPoint

6.2¢ cheapest fixed, per kWh @ 1,000 kWh

Fixed rates here have eased about 1.06¢/kWh (roughly $11/mo at 1,000 kWh) over the past 60 days. Locking the cheapest fixed plan today still beats riding a variable rate — but a 12-month term keeps you free to re-shop if they keep sliding.

Easing

Dallas–Fort Worth · Oncor

6.7¢ cheapest fixed, per kWh @ 1,000 kWh

Fixed rates here have eased about 1.21¢/kWh (roughly $12/mo at 1,000 kWh) over the past 60 days. Locking the cheapest fixed plan today still beats riding a variable rate — but a 12-month term keeps you free to re-shop if they keep sliding.

Easing

Austin area · Oncor

6.7¢ cheapest fixed, per kWh @ 1,000 kWh

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Average fixed rate Cheapest fixed rate

What to actually do with this

Don't try to time the bottom — retail rates move daily and no one can call the turn. The dependable play is to lock the plan that's genuinely cheapest at your real usage today. Use the trend above only to choose your term: easing → a shorter 12-month fixed so you can re-shop sooner; rising → a longer fixed to freeze today's price. See exactly what changed today for the day-by-day detail behind these lines.

Should you lock in now or wait?

For nearly everyone, the answer is lock the cheapest fixed rate for your usage now — not wait. Timing the electricity market is a losing game: rates move daily, a variable "wait and see" rate can jump on you, and the difference between a good plan and a bad one at your actual usage dwarfs the small edge you might catch by waiting a few weeks. What the trend above is genuinely useful for is choosing your term length: when fixed rates are easing, a 12-month plan lets you re-shop into lower prices sooner; when they're rising, a 24- or 36-month plan freezes today's price before it climbs.

Why "average rate" isn't the whole story

These lines show the energy price only. Your real bill also includes the regulated TDU delivery charge — identical for every provider in your area, so it doesn't change which plan is cheapest, but it does mean the all-in number is higher than the energy rate here. And the "average" hides the 1,000 kWh illusion: a plan can look cheap on average and cost you far more at your usage. That's why the reliable move is always to rank plans at your real usage rather than shop on a market average.

Skip the guessing — see your real cheapest plan

We rank every plan in your ZIP by what it actually costs at your usage, trend or no trend.

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