Electricity plans in Waco
Compare 117+ plans by true cost from providers serving Waco. Find the right rate for your home.
Live Texas rates, updated August 2026
Waco fast facts
- County
- McLennan County
- Population
- 140K
- TDU
- Oncor
- Sample ZIP
- 76701
- Oncor outage / switch-hold line
- 1-888-313-4747
About Waco
What you're shopping for power in.
Waco is a Central Texas city on the Brazos, home to Baylor University, the Magnolia (Chip and Joanna Gaines) destination, and Mars Wrigley's Skittles plant. Mid-sized, college-town-flavored.
Climate & bill pattern
Central Texas climate — hot dry summers, mild winters.
Wide housing stock variation; student housing near Baylor (smaller, older) vs. 2,200+ sq ft suburban homes in Hewitt and Woodway.
Major employers
- ·Baylor University
- ·Baylor Scott & White Hillcrest Medical Center
- ·Providence Healthcare Network
- ·L3Harris Technologies
- ·Mars Wrigley
Known neighborhoods
- ·Castle Heights
- ·Cameron Park
- ·Lake Air
- ·Robinson
- ·Hewitt
Best in Waco
Best plans in Waco
Ranked by real monthly bill at 1,000 kWh.
SimpleSaver 11
SimpleSaver 12
Bill Credit Bundle 12
Bill Bonus 24
Bill Bonus 12
Rhythm Max Saver 12
Providers
Compare providers
See the lowest true-cost rate from each retail electricity provider serving Waco.
Local guide
About electricity in Waco
Waco is served by Oncor as the local TDU. With a population of 140K, it's one of the deregulated markets in Texas — residents can shop 117+ competitive plans from 8+ retail electricity providers serving the Oncor grid.
The live plans we list in Waco average 15.2¢/kWh all-in at 1,000 kWh usage. Actual rates vary by plan type, contract length, and how much your home uses. Fixed-rate plans typically offer the best value for households that don't want to think about rate swings.
Switching is 1-3 business days with no service interruption — same meter, same wires, new bill from a new company.
FAQ
Common questions
What is the average electricity rate in Waco?
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The live plans we list on the Oncor grid average 15.2¢/kWh at 1,000 kWh. Plans span a wide range depending on type and term — the lowest competitive rates in Waco start around 7.0¢/kWh.
Who is the TDU for Waco?
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Oncor maintains the power lines and infrastructure. TDU charges are the same regardless of your retail provider — set by the Public Utility Commission.
Can I switch providers in Waco?
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Yes. Choose from 117+ plans available on the Oncor grid. Switching takes 1–3 business days with no service interruption — same meter, same wires, new bill from a new company.
How are the rankings calculated?
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We sort by the real monthly bill at your home's usage — not the flat 1,000 kWh advertised rate. We flag bill-credit plans and minimum usage fees so you see the true cost.
Ready to save on electricity?
Compare 117+ plans in Waco or let our guided quiz find the right plan for your home.
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Drill in on Waco electricity
Waco electricity rates
Price-focused: rates by usage tier, savings math
Waco electricity plans
Plan types available, providers serving the city
Start service in Waco
Move-in or first-time customer
Switch providers in Waco
1–3 days, no service interruption
Best plans in Waco
Top-ranked by overall score
Cheap plans in Waco
Lowest available rates on Oncor
Fixed-rate plans in Waco
Locked rate for the contract term
Variable-rate plans in Waco
No contract, flexible month-to-month
No-deposit plans in Waco
Skip the credit check or deposit
Best providers in Waco
Top-rated providers serving Oncor
Cheapest providers in Waco
Sorted by lowest available rate
Green providers in Waco
100% renewable energy options
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