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Written By:
Anna Grisham
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Thad Warren
May 21, 2024

Best Electricity Rates in Odessa

Odessa Electricity Rate Trends

Hello Odessa residents! Our Assistance is Here for You

Dealing with the energy industry can often feel overwhelming, but fret not, we are here to lend a helping hand. Our distinctive approach simplifies the process of discovering the ideal energy plan tailored just for you.

By analyzing your past energy consumption, we can identify a plan that perfectly aligns with your specific requirements. Say goodbye to wasting time deciphering intricate energy plans. Allow us to shoulder the burden and swiftly find the best-suited plan for you. Trust us, you won't regret it.

Switching Electricity Companies in Odessa

Switching can be a smart move in Odessa, given the ever-changing market conditions. It's wise to hunt for a lower rate annually as your contract nears its end.

Once your current electricity contract expires, providers often hike the rate. Without proactive steps, you'll find yourself on a month-to-month plan that’s much pricier than your initial agreement.

Before you auto-renew with your current provider, compare the rates from other energy companies in Odessa. This comparison could lead to significant savings on your annual electricity expenditure.

Switching is straightforward and beneficial:

- No need to contact your existing provider to end the service.
- The switch doesn’t involve any home visits.
- Your electricity supply remains uninterrupted.
- The process is quick and can be completed in minutes.

When you opt to switch, your chosen new energy company will manage the entire transition, including terminating your service with the old provider.

In Odessa, your electricity supply continuity is assured during the switch. The local utility, Oncor, continues to deliver your electricity, ensuring the physical infrastructure that powers your home remains the same, thus maintaining service reliability.

Texas law permits you to switch providers without facing an "early cancellation" fee if you do so within 14 days of your contract’s end date.

If you’re still within your contract period, check the remaining time. Many providers allow setting a future start date for your new service, up to 60 days ahead.

Often, the monthly savings gained from switching surpass any one-time fee for early contract termination.

For those pondering a switch and seeking the best plan, a deep dive into your energy usage is crucial for snagging the lowest rate. Gather your usage data for the past year to effectively pinpoint your needs and find the most cost-efficient plan in Odessa.

Types of Energy Plans in Odessa

There are several types of electricity plans available in Odessa, Texas. These include:

Fixed-rate plans in Odessa

These plans offer a fixed rate for the length of the contract, typically between 6 and 36 months. Customers on a fixed-rate plan will pay the same price for their energy usage each month, regardless of fluctuations in the market.

Variable-rate plans in Odessa

These plans have rates that can fluctuate based on the market price of electricity. Customers on a variable-rate plan may see their rates go up or down each month.

Green energy plans in Odessa

These plans offer electricity generated from renewable sources such as solar or wind. Customers on a green energy plan may pay a slightly higher rate for their electricity, but they can feel good about supporting renewable sources.

Prepaid plans in Odessa

These plans allow customers to pay for their electricity usage in advance. Customers on a prepaid plan will not receive a monthly bill, but they will need to monitor their usage and add funds to their account as needed.

It's important to compare different plans and choose one that best fits your needs and budget. You can compare electricity plans in Odessa by contacting the various electricity providers in the area and asking about their available plans and rates.

Electric Utilities and Providers in Odessa

There are two types of electric companies in Odessa that you are likely familiar with. Utilities and providers. Keep reading to learn more.

The Electric utility in Odessa is Oncor Energy

The electric utility in Odessa is Oncor Energy. They are responsible for maintaining the electricity grid and delivering electricity to homes and businesses through a network of power lines and other electrical infrastructure.

When you have a power outage your utility company is responsible for making the repairs.

Odessa Electricity Providers

There are dozens of energy providers/suppliers that serve Odessa. In Texas, this is the company that you pay your electric bill to. Some large brands include TXU Energy, Reliant Energy, Direct Energy, and a whole lot more.

These companies buy power on the wholesale market and sell it to individuals like you and me.

Business and Commercial Electricity Rates in Odessa

Businesses generally have lower electricity rates than homes in Texas. Additionally, commercial rates do not include the transmission and delivery fees as part of the displayed price.

Electricity Service Information in Odessa

Report an electricity outage in Odessa

To report an electricity outage or downed power line, contact Oncor Energy at 888-313-4747.

You can also report an outage with Oncor online here.

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Odessa zipcodes

79760 79761 79762 79763 79764 79765 79766 79768 79769

Other energy resources for Odessa

Odessa Electricity FAQs

In Odessa, electricity rates can vary due to factors such as location, season, and market dynamics. As of 2024, a competitive rate per kWh in Odessa generally falls between 8 to 12 cents for residential customers. It's important to remember that this is an approximate range and actual rates may differ.
An electricity facts label or "EFL" is a document that summarizes important information about an electricity plan.They are required for all residential energy plans in Odessa. However, they are not required for commercial electricity plans.
An early termination fee (ETF) is a charge that is levied by an electricity provider if you cancel your contract before the end of the agreed-upon term. ETFs are common in the electricity industry and are typically designed to compensate the provider for the costs associated with setting up your service, such as installing a meter or running new power lines to your home.

The electric utility in Odessa, Texas is Oncor. Some areas of Odessa may be served by other utilities or co-ops. You can find the utility for your address here.

There are several renewable energy providers that serve Odessa. To compare renewable energy plans enter your zip code here and look for the small leaf icon. This will tell you how much of the plan is from renewable energy.

If your power goes out, there are a few steps you should take to stay safe and report the outage:

  1. Stay safe: If the power goes out, unplug any appliances and turn off any light switches to prevent a surge when the power comes back on. Avoid using candles or open flames as a light source, as they can be a fire hazard.
  2. Check your fuse box or circuit breaker: Your fuse box or circuit breaker may have tripped, causing the power outage. Check to see if any switches have been tripped or if there are any blown fuses. If you find the problem and are able to fix it, the power should come back on.
  3. Check with your neighbors: If your power is out but your neighbors' power is on, the problem may be with your home's electrical system. Check with your neighbors to see if they are experiencing a power outage as well.
  4. Report the outage: If you are unable to fix the problem and your neighbors are also experiencing a power outage, you will need to report the outage to your utility. In Odessa that is likely Oncor.
  5. Stay informed: If the power outage is widespread, your electricity provider may have updates on their website or social media accounts. You can also tune in to local news or follow emergency services on social media to stay informed about the situation.

There are several ways you can lower your electricity bill in Odessa:

  1. Use energy-efficient appliances: Replacing your old appliances with Energy Star certified appliances can help you save on your electric bills. These appliances are designed to use less energy and can help you reduce your energy consumption.
  2. Turn off lights and appliances when not in use: Leaving lights and appliances on when you're not using them can add up on your electricity bill. Make a habit of turning off lights and appliances when you leave a room or when you're finished using them.
  3. Use natural light: During the day, open blinds and curtains to let in natural light instead of turning on the lights. This can help you save energy and lower your electricity bill.
  4. Install a programmable thermostat: A programmable thermostat can help you save on your electric bills by allowing you to set a schedule for your heating and cooling system. You can set the thermostat to turn off when you're not home or when you're asleep, which can help you reduce your energy consumption.
  5. Shop around for a better electricity rate: The cost of electricity can vary significantly among different providers. By shopping around and comparing rates, you may be able to find a better deal and lower your electric bills