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Laredo Electric Rate Map
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Laredo Electricity Rates

Laredo Electricity Prices

Lowest electric rates in Laredo today:

Source: EnergyBot (updated daily, averages based on 4 month trends)

Laredo Energy Data

Last updated May 2021

  • The average Laredo commercial electricity rate is 16.29 ¢/kWh (36% higher than the national average).
  • The average Laredo residential electricity rate is 12.74 ¢/kWh (4% lower than the national average).
Source: Texas energy data from The U.S. Energy Information Administration (EIA)

Shop electric companies in Laredo

Looking for the best deal on power in Laredo? You're in the right place! EnergyBot is an easy to use transparent energy marketplace dedicated to helping you find the best electricity plan for your home or business.

Our customers save 20% or more on the electric bills by switching electricity providers using our simple platform. To get started, enter your zip code and answer a couple of quick questions. We'll use your historical usage to match you to the perfect energy plan.

Laredo commercial electricity 

EnergyBot can also significantly lower your businesses energy costs. We partner with the top commercial energy providers in Texas to give you a low rate and service that you can depend on.

We make managing multiple locations and managing your business electricity easy. Just enter your zip code to get started.

Switch Electricity Providers in Laredo

Finding a new electricity provider in Laredo is simple with EnergyBot. Follow these simple steps to get the lowest electricity rate in Laredo.

Step 1: Shop Laredo electric companies and prices

Enter your zip code at the top of this page and you can quickly see plans from the top Laredo electric companies. For even better pricing use our data linking tool to pull in your historic usage from your utility.

Step 2: Review the plan details

Energy plans often have long confusing contracts. We don't like teaser rates and tricky terms, so we filter out the plans that trick customers into bill spikes. Each plan you see on our site has plan details. This breaks down the most important information about the plan into a way that is easy to understand.

Step 3: Confirm the switch to a new energy provider

Once you have decided on a new energy plan for your home business just follow the prompts to confirm. Once you're done, we give you dashboard to see the status of your contract.

Types of Energy Plans offered in Laredo

Laredo energy providers offer rates and plans with a range of options and terms. While you will see many types of plans for the most part they are in two categories: fixed-rate and variable rate.

Fixed-Rate Electricity Plans in Laredo

Fixed-rate plans will have a set price for the term of the contract. Regardless of weather, natural events, or market volatility, your rate will not change. In most cases, fixed-rate plans have a term length of 6, 12, 24, or 36 months. We recommend fixed-rate plans for most customers.

Variable-Rate Electricity Plans Laredo

Variable-rate plan rates may change on a monthly basis based on market factors. Variable-rate plans offer more flexibility but present more volatility in pricing. Price changes may impact your monthly electricity bill in the form of price hikes. In most cases, we do not recommend variable-rate plans.

Laredo Electric Rates

How much is electricity in Laredo? Rates updated daily

Texas Border in Laredo

About Laredo, Texas

Known as The Gateway City, Laredo is the tenth largest city in the state of Texas with a population of 261,639 residents. Located in the north bank of the Rio Grande in Southern Texas, Laredo covers an expansive area of almost 89 square miles.

With an overwhelmingly Hispanic and Latino population, Laredo is one of the least ethnically diverse cities in the United States. The population is 95.6% Hispanic and Latino primarily from Mexico. This makes Laredo the nineteenth least diverse city out of the 313 largest cities in the nation. It was also the second fastest growing city in the United States according to the 2000 census after Las Vegas.

The inbound port in Laredo is the largest inbound port in the United States and the Nuevo Laredo port is the largest in Latin America. This primarily comes from their central location to major interstate highways and a large amount of twin assembly plants on the Mexican side of these ports. In the month of January in 2014, the Laredo customs district processed about half of the two-way trade with Mexico for that month, over $20 billion. Overall, Laredo facilitates over 47% of trade from the United States to Mexico.

Laredo, Texas Business Profile

Founded in 1755, Laredo is home to a vibrant economy – with the largest inland port in the United States. This huge port drives the local economy through two-way trade with Mexico facilitating about half of all trade with Mexico.

The Laredo retail area also helps boost the local economy with a wide selection of shopping areas. Between the Mall Del Norte, Outlet Shopping Center, and the Streets of Laredo Urban Mall, shoppers throughout Northern Mexico and Southern Texas congregate to Laredo for the huge variety of retail stores.

Laredo is poised to continue its amazing growth – recently bringing its unemployment rate down to just 4.1% from over 15% in the mid-1990s.

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