Shopping for electricity in Midland, Texas, isn’t as simple as picking the lowest price you see. The deregulated market means you have a lot of choices, but it also means some plans are designed to be confusing. If you don’t pay attention to the fine print, you could end up paying way more than you expect.
This guide will help you navigate Midland electricity rates, avoid common traps, and find a plan that actually saves you money.
Since 2002, Texas has had a deregulated electricity market. That means you choose your electricity provider, while the utility (Oncor in Midland) is responsible for delivering the power and maintaining the lines.
Your electricity bill consists of:
The retail electricity provider (REP) sets your energy charge, but Oncor’s delivery fees stay the same regardless of who you choose.
To find the right plan, don’t just rely on the advertised rate. Here’s what you need to check:
Every Texas electricity plan has an Electricity Facts Label (EFL)—think of it like a nutrition label for energy. It tells you:
Pro Tip: Many providers advertise a low rate at exactly 1000 kWh usage. But if you use less or more than that, your actual rate could be much higher.
A fixed-rate plan means you pay the same price per kWh for the duration of your contract. This is usually the best option for most people because your rate won’t change with the market It’s easier to budget for your electricity bill and you avoid seasonal price spikes.
Variable-rate and index plans can have unpredictable pricing. Unless you’re an expert on energy markets, avoid them.
Plans that offer “free” electricity during certain hours might sound great, but they often come with higher daytime rates or requirements to hit a usage threshold.
The Reality:
According to an EnergyBot study, customers on free nights and weekends plans paid $1,400 more per year on average compared to those on simple fixed-rate plans.
Unless you know your usage patterns and can game the system, stick to a straightforward fixed-rate plan.
Some plans look cheap upfront but come with hidden traps. Here’s what to avoid:
These plans charge different rates based on how much electricity you use.
Some plans charge a penalty if you don’t use a certain amount of electricity.
Some plans start with a low “teaser” rate for the first month, then spike later. Always check the EFL to see what happens after the intro period.
To make sure you’re getting a good deal:
Finding the best Midland electricity rates isn’t just about picking the lowest advertised price. The best plan for you depends on your usage habits. Avoid gimmicky plans, read the EFL, and choose a simple fixed-rate plan to avoid surprises.
Ready to compare real electricity rates for your home? Enter your zip code here to shop the best deals in Midland and switch 100% online.
Midland, Texas, is a unique market when it comes to electricity due to its significant ties to the energy industry. Here’s what you need to know about shopping for an electricity plan in this area:
The best time to shop for an electricity plan in Midland is typically during the spring or fall. During these seasons, electricity demand is lower, leading to more competitive rates from providers. Summer and winter tend to have higher rates due to increased usage for cooling and heating.
In Midland, the average electricity bill can vary widely depending on the size of your home and your usage patterns. On average, residents can expect to pay around $120 to $150 per month. However, during peak summer months, bills can be significantly higher due to air conditioning usage.
Fun Fact: The most energy-fficient temperature to set your thermostat in the summer is 78°.
Midland residents have access to several electricity providers, each offering a variety of plans. When comparing plans, consider the following:
