Lubbock
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Average Lubbock Electric Rates

This section highlights the average Lubbock electricity rates for residential and commercial customers.

• The lowest residential electricity rate in Lubbock is 11.03¢ ($0.1103) and the average rate is 13.12¢.
• The lowest commercial electricity rate in Lubbock is 5.73¢ ($0.0573) and the average rate is 6.86¢.

Last Updated: 2023-06-09

Switch Electricity Providers in Lubbock

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

Step 1: Shop Lubbock electric companies and prices

Enter your zip code at the top of this page and you can quickly see plans from the top Lubbock 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 in Lubbock

Lubbock 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 Lubbock

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 Lubbock

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.