Lubbock electricity rates - no ugly plans

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Lubbock Electric Rate Map
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Lubbock Electricity Rates

In April of 2024 Lubbock completed the transition to a competitive retail electricity market. Other areas in Texas such as Dallas and Houston have been deregulated since the early 2000's. Lubbocks market will work essentially the same way. But, because this is a new idea to many of those who haven't lived in an area with deregulated electricity we put together a guide to help your through the process.

Here is a short summary of what residents in Lubbock should know about the switch.

Key Changes:

  • Deregulation Begins: From January 5, 2024, Lubbock residents can choose their electricity provider, moving away from the monopoly of Lubbock Power & Light (LP&L).
  • Shopping Window: January 5 - February 15, 2024, is the primary period to select a provider. Miss this, and you'll be assigned a default provider, often at higher rates.
  • Transition Period: From March 4 to April 2, 2024, the switch to new providers will occur, with no interruption in service. Final bills from LP&L will be issued, with new suppliers billing from April.

Shopping Process:

  • Research and Compare: Use platforms like EnergyBot to compare plans. Pay attention to the Electricity Facts Label (EFL) for details on rates, contract lengths, and fees.
  • Decision Making: Consider pricing, contract terms, renewable options, and customer service when choosing a provider.
  • Seamless Transition: After selection, the switch from LP&L to the new provider is automatic, based on meter read cycles.

LP&L Will Remain Your Utility:

  • LP&L remains responsible for the physical infrastructure, including maintenance and emergency services.

Benefits of Deregulation:

  • Consumer Empowerment: More choices can lead to competitive rates and improved services.
  • Potential Savings: Competition may drive lower rates and attractive plans.
  • Renewable Energy Options: Deregulation could introduce providers specializing in green energy.
  • Customized Plans: Providers may offer diverse plans, including fixed-rate or time-of-use, to suit different needs.
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Best electricity rates in Lubbock

  • The cheapest electricity plan for homes in Lubbock available today is the SimpleSaver 12 from AP Gas & Electric with a rate of 10.40¢ cents in Oncor.
  • The lowest residential electricity rate in Lubbock is 10.40¢ ($0.1040) and the average rate is 14.96¢.
  • The lowest commercial electricity rate in Lubbock is 5.95¢ ($0.0595) and the average rate is 8.00¢.
  • To find the best plan for you home or business we connect directly with your utility to give you accurate bill forecasts.
  • EnergyBot Advisor sifts through the tricks and gimmicks to find plans with the overall lowest costs for your home or business.
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The Best Residential Electricity Plans in Lubbock:

Best 12 Month Plan
Think Clean 12
13.20
Best 24 Month Plan
Verbena 24
13.52
Best 36 Month Plan
Verbena 36
13.51

Shop Plans

Lubbock Electricity Prices

Compare Lubbock electricity rates and energy providers

Lubbock, Texas is a vibrant city with a population of over 258,000 residents and is known for its rich cultural heritage and strong agricultural and educational sectors. Starting in January 2024, Lubbock became a deregulated energy market. This deregulation allows residents and businesses in Lubbock the freedom to explore various electricity plans and choose the Retail Electricity Provider (REP) that best suits their needs.

With many electric companies in Lubbock to choose from, finding the most cost-effective rate can be challenging. It's important to be aware that some suppliers may offer confusing terms, teaser rates, and hidden fees that can significantly increase your electricity bill.

EnergyBot is designed to help you compare Lubbock electric companies easily and get the best rate. We provide a simple electricity marketplace where you can browse Lubbock energy companies and providers and connect to your utility data to get the lowest rate and estimate your future bills.

Lubbock Electricity Plans

Each type of home has it's own unique energy footprint. The size of your home and your energy usage habits will be a big factor in the rate you end up paying.

Here are the best plans for the various types of homes in Lubbock:

Best Plan for Apartments

EnergyBot 6
6 month
5%
12.6¢

Best Plan for Small Homes

Think Basic 6
6 month
0%
12.0¢

Best Plan for Large Homes

Think Basic 6
6 month
0%
11.6¢

Electric Companies in Lubbock

Find the best electric company in Lubbock

The deregulated energy market in Lubbock means you can choose from various electricity providers. EnergyBot simplifies the process of finding the best electricity rate for your home or business with our easy-to-use provider comparison platform. We only feature plans from trustworthy, no-gimmicks Texas electric companies including: 

Plan Name
Term
Rate
Think Energy - Think Basic 6
6 months
12.09¢
APG&E - EnergyBot 6
6 months
12.19¢
Rhythm Energy - Simply Select 6
6 months
13.18¢
Think Energy - Think Clean 12
12 months
13.20¢
Varsity Energy - CHAMP 12
12 months
13.31¢
BKV - Verbena 12
12 months
13.48¢
BKV - Verbena 36
36 months
13.53¢
BKV - Verbena 24
24 months
13.58¢
BKV - Verbena Green 12
12 months
13.76¢
BKV - Verbena Green 36
36 months
13.82¢
BKV - Verbena Green 24
24 months
13.87¢
APG&E - EnergyBot 8
8 months
13.89¢
Reliant Energy - Reliant Power On 24 plan
24 months
13.92¢
Atlantex Power - Luminous
12 months
13.99¢
Atlantex Power - Luminous
36 months
13.99¢
Atlantex Power - Luminous
24 months
14.04¢
OhmConnect - TexasConnect 36
36 months
14.17¢
APG&E - EnergyBot 14
14 months
14.19¢
APG&E - EnergyBot 24
24 months
14.29¢
Good Charlie - GoodEnergy 12
12 months
14.30¢
Think Energy - Think Clean 36
36 months
14.30¢
OhmConnect - TexasConnect 24
24 months
14.32¢
OhmConnect - TexasConnect 12
12 months
14.35¢
APG&E - EnergyBot 12
12 months
14.39¢
Good Charlie - GoodGreen 12
12 months
14.50¢
Good Charlie - GoodEnergy 24
24 months
14.50¢
OhmConnect - GreenConnect 12
12 months
14.52¢
OhmConnect - EVConnect 24
24 months
14.57¢
Good Charlie - GoodEnergy 36
36 months
14.60¢
APG&E - EnergyBot 10
10 months
14.69¢
Good Charlie - GoodGreen 24
24 months
14.70¢
Atlantex Power - Luminous Green
24 months
14.74¢
Atlantex Power - Luminous Green
12 months
14.79¢
Atlantex Power - Luminous Green
36 months
14.79¢
Good Charlie - GoodGreen 36
36 months
14.80¢
BKV - Polyedra 12
12 months
14.83¢
BKV - Polyedra 36
36 months
14.88¢
BKV - Polyedra 24
24 months
14.93¢
Rhythm Energy - Simply Select 14
14 months
14.96¢
Rhythm Energy - Simply Select 12
12 months
15.15¢
Rhythm Energy - Simply Select 24
24 months
15.30¢
Constellation - 12 Month (No Min Usage Fee)
12 months
15.41¢
Reliant Energy - Reliant Basic Power 12 plan
12 months
15.48¢
Reliant Energy - Reliant Basic Power 24 plan
24 months
15.48¢
Cirro Energy - Smart Simple 12 Online
12 months
15.61¢
Cirro Energy - Smart Simple 24 Online
24 months
15.61¢
Direct Energy - Live Brighter Lite 12
12 months
15.75¢
Direct Energy - Live Brighter Lite 24
24 months
15.75¢
Frontier - Frontier 36
36 months
15.85¢
Constellation - 12 Month Usage Bill Credit
12 months
15.85¢
Rhythm Energy - Simply Select 36
36 months
15.95¢
Constellation - 24 Month Usage Bill Credit
24 months
16.05¢
Constellation - 12 Month GREEN (No Min Usage Fee)
12 months
16.11¢
Constellation - 12Mo Usage Bill Credit + A/C Protection for 2 Units and HVAC Monitoring
12 months
16.25¢
Direct Energy - Live Brighter 1K+ 24
24 months
16.38¢
APG&E - SimpleSaver 10
10 months
16.40¢
Constellation - 36 Month Usage Bill Credit
36 months
16.55¢
APG&E - SimpleSaver 12
12 months
16.60¢
Just Energy - Simple Choice - 10
10 months
16.61¢
Just Energy - Simple Choice - 36
36 months
17.01¢
Just Energy - Basics - 12
12 months
17.01¢
APG&E - SimpleSaver 12
12 months
17.06¢
Reliant Energy - Reliant Power Savings 24 plan
24 months
17.15¢
Frontier - Frontier Saver Plus 12 Plan
12 months
17.22¢
Gexa Energy - Gexa Eco Saver Plus 12 Plan
12 months
17.22¢
Gexa Energy - Gexa Eco Saver Plus 24 Plan
24 months
17.29¢
Discount Power - Wise Buy Basic 24 Online
24 months
17.48¢
Cirro Energy - Smart Value 24
24 months
17.51¢
Cirro Energy - Simple Bill Credit 12
12 months
17.58¢
Discount Power - Bill Credit Bundle 12
12 months
17.58¢
Cirro Energy - Simple Bill Credit 24
24 months
17.58¢
Just Energy - Secure Energy - 36
36 months
17.67¢
Octopus Energy - Octo EV 12
12 months
17.86¢
Cirro Energy - Smart Value 12
12 months
17.91¢
APG&E - SimpleSaver 18
18 months
17.96¢
Gexa Energy - Gexa Saver Freedom 36
36 months
18.04¢
Reliant Energy - Reliant Power Savings 12 plan
12 months
18.15¢
Frontier - Frontier Saver Deluxe 12
12 months
18.16¢
Gexa Energy - Gexa Eco Saver Advantage 12
12 months
18.16¢
Reliant Energy - Reliant Truly Free Nights 100% Solar 12 plan
12 months
18.22¢
Frontier - Frontier Eco Saver 24
24 months
18.24¢
Gexa Energy - Gexa Saver Freedom 24
24 months
18.24¢
Frontier - Frontier Saver Value Plus 12
12 months
18.43¢
Gexa Energy - Gexa Prime Preferred 24 Plan
24 months
18.57¢
Gexa Energy - Gexa Straight Saver 12
12 months
18.74¢
Discount Power - Bill Credit Bundle 24
24 months
19.14¢
Gexa Energy - Gexa Prime Preferred 12 Plan
12 months
19.17¢
Frontier - Frontier Saver Value 12
12 months
19.61¢
Gexa Energy - Gexa Prime Preferred Plus 24
24 months
19.76¢
Frontier - Frontier Saver Premier 12
12 months
20.53¢
Gexa Energy - Gexa Eco Saver Premier 12
12 months
20.53¢
Gexa Energy - Gexa Eco Saver Premier 24
24 months
20.55¢
Direct Energy - Live Brighter 12
12 months
22.01¢
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Switch Electricity Providers in Lubbock, Texas

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

Step 1: Connect to your utility

The amount of electricity you use will be one of the main factors that determines your electricity rate. The most accurate way to compare plans is to see the rate structure applied to your usage.

This used to be time-consuming, but with EnergyBot this takes about 10 seconds. Just enter your address and we will be able to retrieve your usage from your utility for the most accurate energy bill forecasts possible.

Step 2: Compare plans side-by-side

Once you have connected your utility you will be able to compare plans from the top rated energy providers with full bill estimates. Allowing you to see your future electric bills before you buy.

Step 3: Enroll online with a few clicks

After you've found the perfect plan you can complete the enrollment online. Confirm a few pieces of information and our team will work out the details with your new provider. The process is seamless and you won't lose power.

Moving to Lubbock? 

If you’re moving toLubbock, you'll need to set up your own electricity service due to the city's deregulated energy market. It's helpful to have some past usage data for your new home to ensure you choose the right plan. If you can't get that, estimating your own electricity usage works too. Just enter your ZIP code to start comparing providers and plans to find the best fit for your needs.

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 in 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.

Business Electricity Rates in Lubbock

Provider
Term
Rate
AP Gas & Electric
1 month
5.95¢
NRG Energy, Inc.
6 months
6.11¢
AP Gas & Electric
6 months
6.17¢
AP Gas & Electric
1 month
6.20¢
AP Gas & Electric
6 months
6.25¢

Lubbock Energy FAQs

EnergyBot.com is an energy marketplace based out of Dallas, Texas that enables consumers in states with deregulated energy markets to find the best electricity plan for their home or business. We’re on a mission to revolutionize the way you buy electricity and make energy decisions. You can learn more about us here.

EnergyBot is free to use. When you select an electricity plan or decide to purchase solar we receive a small referral from providers if you decide to purchase one of their products.

No, there are other utilities and co-ops that serve the Dallas-Fort Worth metro area, but Oncor is by far the largest utility in North Texas.

An Electricity Facts Label (EFL) provides details about a specific electricity plan so consumers can easily compare offers from different electricity providers, much like a nutrition label on food allows consumers to compare food choices. EFLs are required for all residential plans in Texas. Some other states in deregulated areas may have some form of EFL as well.

The purpose of an EFL is to provide transparency, ensuring consumers have the necessary information to make informed decisions about their current electricity provider, and plan. Always check the EFL to understand the full details of what you're signing up for.

An Energy Provider or Retail Energy Provider (REP) is a company that purchases wholesale electricity from electricity generators and sells it to consumers. They often offer various plans and rates. In deregulated markets, consumers have the freedom to choose their energy provider from among multiple companies.

A Utility or Transmission and Distribution Service Provider (TDSP), owns and operates the infrastructure that delivers electricity from generation facilities to the end consumer's location (homes, businesses, etc.). Utilities maintain the power lines, transformers, and meters. They are also responsible for restoring power during any power outages too. While you can choose your energy provider in a deregulated market, you cannot choose your utility as it is determined by your geographical location.

The best way to report a power outage, downed line, streetlight outage, or other similar issues is to use their online portal. If you have a different type of question or general inquery you can call them directly at 888-313-6862.

In April of 2024 Lubbock completed the transition to a competitive retail electricity market. Here is a timeline of the transition:

  • Deregulation Begins: From January 5, 2024, Lubbock residents can choose their electricity provider, moving away from the monopoly of Lubbock Power & Light (LP&L).
  • Shopping Window: January 5 - February 15, 2024, is the primary period to select a provider. Miss this, and you'll be assigned a default provider, often at higher rates.
  • Transition Period: From March 4 to April 2, 2024, the switch to new providers will occur, with no interruption in service. Final bills from LP&L will be issued, with new suppliers billing from April.

No there is no way to opt out of the competitve market. If you do not choose a provider a provider will be assigned to you. These providers will typically put you on a higher than market rate, so it's important that you take the time to find a provider.

You are in the right spot. To find the best electricity plan for your home or business in Lubbock simply enter your zipcode here. We'll use your energy usage from LP&L to match you with the lowest cost plan in Lubbock.

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