The cheapest 1,000 kWh rate among the plans listed on Choose My Power fell to 5.6 cents per kWh as of August 7, 2026, from 6.3 cents 29 days earlier. That headline price belongs to a bill-credit plan, so a month under 1,000 kWh gives most of the discount back; the cliff census below covers it. The median rate across all six utility territories fell from 16.8 to 16.0 cents. And 18 of the 126 plans listed (14 percent) still carry a bill-credit cliff: on the same plan, a 500 kWh month costs at least $25 more than a 1,000 kWh month.
Every figure in this report is computed from Choose My Power's own daily snapshots of the plans it lists: 126 plans from 18 providers across six utility territories as of August 7, 2026. The numbers describe those listed plans, not every plan in the Texas market.
Rates by utility territory
All rates are the all-in average price at 1,000 kWh per month, delivery charges included, comparing July 9, 2026 against August 7, 2026.
| Territory | Lowest ¢/kWh (Jul 9 → Aug 7) | Median ¢/kWh | Plans listed |
|---|---|---|---|
| Oncor (Dallas-Fort Worth and West Texas) | 7.2 → 7.0 (-0.2) | 16.5 → 15.9 (-0.6) | 122 → 117 |
| CenterPoint (Houston) | 6.3 → 6.2 (-0.1) | 15.9 → 15.1 (-0.8) | 122 → 118 |
| AEP Texas Central (South Texas) | 7.4 → 7.0 (-0.4) | 16.2 → 15.6 (-0.6) | 119 → 119 |
| AEP Texas North (Abilene and the Big Country) | 7.4 → 6.0 (-1.4) | 17.4 → 16.4 (-1.0) | 118 → 118 |
| TNMP | 8.5 → 8.2 (-0.3) | 17.8 → 17.0 (-0.8) | 119 → 118 |
| Lubbock Power & Light | 9.3 → 5.6 (-3.7) | 16.8 → 16.0 (-0.8) | 66 → 68 |
The cheapest listed rate sits in Lubbock Power & Light territory at 5.6 cents. TNMP carries the highest median at 17.0 cents, so the same house pays meaningfully more there before choosing a single plan feature.
Providers that entered or left the list
No providers entered or left Choose My Power's list between July 9, 2026 and August 7, 2026. The same 18 providers stand behind all 126 listed plans.
The bill-credit cliff census
A bill-credit cliff appears when a plan's advertised 1,000 kWh price depends on a usage credit that a lighter month forfeits. The plan's own Electricity Facts Label shows it: the 500 kWh bill comes out at least $25 higher than the 1,000 kWh bill, so using half the electricity costs more money.
| Territory | Plans with a $25+ cliff | Share of plans listed there |
|---|---|---|
| Oncor (Dallas-Fort Worth and West Texas) | 13 of 117 | 11 percent |
| CenterPoint (Houston) | 17 of 118 | 14 percent |
| AEP Texas Central (South Texas) | 10 of 119 | 8 percent |
| AEP Texas North (Abilene and the Big Country) | 4 of 118 | 3 percent |
| TNMP | 1 of 118 | 1 percent |
| Lubbock Power & Light | 1 of 68 | 1 percent |
The steepest cliff on the list as of August 7, 2026 belongs to Just Energy's Smart Choice - 12 (12 Months). On the Lubbock Power & Light grid, its EFL prices a 500 kWh month at $90.56 and a 1,000 kWh month at $56.12. Using half the electricity costs $34.44 more.
Cliff plans are not a scam, but they punish mild weather. A household whose usage swings below 1,000 kWh in spring and fall should read the 500 kWh row of any EFL before signing.
The biggest plan-level rate moves
Of the 122 plans present in both snapshots, 84 repriced by at least 0.1 cents at 1,000 kWh. The largest moves, in each direction, with each plan's biggest single-territory change:
Up:
- 4Change Energy, One Rate 12 (12 Months): 17.5 → 17.9 cents at 1,000 kWh on the Oncor (Dallas-Fort Worth and West Texas) grid (up 0.4 cents).
- 4Change Energy, Cash Money 12 (12 Months): 16.5 → 16.9 cents at 1,000 kWh on the CenterPoint (Houston) grid (up 0.4 cents).
- APGE, Rent Simple Saver 12 (12 Months): 15.1 → 15.4 cents at 1,000 kWh on the CenterPoint (Houston) grid (up 0.3 cents).
Down:
- Just Energy, Smart Choice - 12 (12 Months): 9.9 → 5.6 cents at 1,000 kWh on the Lubbock Power & Light grid (down 4.3 cents).
- Just Energy, Smart Choice - 24 (24 Months): 11.8 → 7.9 cents at 1,000 kWh on the CenterPoint (Houston) grid (down 3.9 cents).
- Just Energy, Power Plus - 12 (12 Months): 11.8 → 7.9 cents at 1,000 kWh on the Oncor (Dallas-Fort Worth and West Texas) grid (down 3.9 cents).
A plan repricing under the same name resets the offer for new customers only. Anyone already enrolled keeps the contract rate they signed.
What a shopper should do with this
A rate at or below 16.0 cents per kWh at 1,000 kWh beats half the plans Choose My Power listed in August. A household already locked in below that number has no reason to move: breaking a fixed contract to chase a fraction of a cent rarely clears the early termination fee. The households with a real decision this month are those on expired contracts riding a holdover variable rate, and those whose renewal offer prices above the medians in the table.
Method
Computed from Choose My Power's daily plan snapshots: 38 snapshots between July 9, 2026 and August 7, 2026. Each snapshot records every plan Choose My Power lists across the Oncor, CenterPoint, AEP Texas Central, AEP Texas North, TNMP, and Lubbock territories, with Electricity Facts Label pricing at 500, 1,000, and 2,000 kWh.
"Rate" throughout means the all-in average price at 1,000 kWh per month, delivery charges included, in the territory named. Where a plan carries territory-specific pricing, that pricing is used; otherwise its listed pricing applies. Plans are matched across snapshots by provider, plan name, and contract term. A bill-credit cliff means the plan's own EFL prices a 500 kWh month more than $25 above its 1,000 kWh month.
These figures describe the 126 plans from 18 providers listed on Choose My Power as of August 7, 2026, not every plan in the Texas retail market.