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Temple Electric Rate Map
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Temple Electricity Rates

Temple Electricity Prices

Lowest electric rates in Temple today:

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

Temple Energy Data

Last updated July 2021

  • The average Temple commercial electricity rate is 10.5 ¢/kWh (4% lower than the national average).
  • The average Temple residential electricity rate is 11.97 ¢/kWh (13% lower than the national average).
Source: Texas energy data from The U.S. Energy Information Administration (EIA)

Compare Temple electricity rates from top energy companies

Temple downtown - By NativeTexan55 - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=50717008

The Texas legislature approved energy deregulation in 2002 creating the path for competitive energy pricing and market. As a deregulated electricity market, state’s retail energy companies would need to compete - against each other - for the millions of Texas residential and business customers. The goal of a deregulated, or competitive energy market, is to give the power to choose to the consumer – which forced Temple electricity providers to be more efficient and lower costs – and offer improved customer service and lower rates to their customers. Going forward, the home and business customers of energy suppliers would have the ability to switch to a new energy provider (at the end of each contract) to maintain the advantage of the deregulated market.

Texas has had a very healthy market in the new era of competition under energy deregulation. Residents and businesses can shop for electricity plans from a wide array of energy suppliers and shop for the best rate available. This means less money in the pockets of energy companies and more for you.

How do you get the best deal on an electricity plan? We analyzed and digested hundreds of thousands of data points from utilities and suppliers and determined the most basic action you can take is to be proactive. 

Simply by shopping suppliers and rates 6 months before your plan is set to renew can help you save 20% or more on your energy costs. Furthermore we found that most customers, depending on market conditions and usage, are likely to save by switching electric suppliers every 12 to 24 months. 

Temple commercial electricity 

Temple businesses can find big savings in the Texas energy market with just a little bit of due diligence. Since energy suppliers are forced to be more efficient, and offer business energy plans with competitive energy rates, it’s up to you to compare and find the best plan.

But finding the right plan can be difficult. In Texas, rates change by zip code. And with dozens of commercial energy suppliers, that means sifting through hundreds of plans. 

This has made comparing energy plans confusing due to the sheer number of plans available, promotional rates that are not apples-to-apples and the legal fine print that details fees and penalties. 

Commercial energy customers can maintain control over the process by reviewing their monthly usage and average monthly electricity bill. 

If your average business electricity bill is less than $500 per month, then you can get a very good energy rate for your business through a simple online comparison of energy rates. 

If your average commercial electricity bill is $500 or more per month, then you will most likely get a more competitive energy rate through a custom quote process. The custom process is exactly that – by providing basic business information, energy usage and submitting a recent electricity bill – EnergyBot can leverage partnerships with suppliers to work on your behalf and secure the best energy rate for your business. Although it will take more time to complete, the custom quote process may deliver a lower energy rate that will add up to big savings for your business. 

For Temple businesses, researching energy rates and switching to a new electricity plan can be a hassle. EnergyBot is built to make energy simple and help businesses find the best electricity rate quickly and easily. 

Along with saving time, EnergyBot also helps businesses cut energy costs by 15% for two reasons. 

  1. Instead of the old fashioned brokerage system we use technology to digest hundreds of thousands of electric rates to find trends to connect you to the lowest rate. 
  2. We’re a tech company not a sales company. That’s right we don’t employ a single sales person. We believe that giving people transparency and the best possible deal is more important than trying to hard sell you into an energy plan - even if it means we lose money. 
A Wind Mill Energy Farm near Temple, Texas

Renewable energy plans in Temple

Renewable energy is becoming more and more viable every day. Several energy suppliers focus completely on green energy plans and even more suppliers offer partial green plans.

We are constantly finding new ways to give Temple businesses and residents more renewable energy options. This includes solar, wind, hyrdo, and even geothermal energy solutions.

Just west of Temple, Texas is the Fort Wood U.S. Military Post. In 2017, Fort Wood installed the Army’s largest hybrid renewable energy project that provides power to the base from both wind and solar energy. It uses a 15-megawatt solar array and 50-megawatts of wind turbines to provide a reliable source of renewable energy. Through this project, Fort Wood saves about $1.5 million on electricity bills each year providing about half of all of their electricity usage throughout the year. This allows them to take advantage of both sources of energy to ensure a reliable system that stays running at all times.

Switch Electricity Providers in Temple

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

Step 1: Shop Temple electric companies and prices

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

Temple 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 Temple

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 Temple

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.

Temple Electric Rates

How much is electricity in Temple? Rates updated daily

About Temple, Texas

Known as the Wildflower Capital of Texas, Temple is a small city in the state of Texas with a population of 76,256 residents. Centrally located between Dallas-Fort Worth, San Antonio, and Houston metropolitan areas, Temple covers an expansive area of nearly 70 square miles.

With three major hospitals located within the city, Temple is known as a regional medical center. One of these hospitals, The Baylor Scott & White Medical Center, is actually the largest employer in the city with 11,000 employees. The other two hospitals are the Baylor Scott & White McLane Children's Medical Center and the Olin E. Teague Veterans' Medical Center. Temple is also home to the Texas A&M College of Medicine further positioning the city as a regional center for healthcare.

The education system in Temple is also highly regarded with the high school regularly winning awards for their academic and honours programs in the arts and sciences. Temple High School uses the International Baccalaureate curriculum, a world-renowned curriculum based around exams. They also have a thriving athletic program offering a wide range of varsity sports. 

Texas Business Profile

Texas has one of the healthiest and largest economies in the United States, second only to California in size. In fact, if Texas was its own country it would have the 10th largest GDP, beating out Canada and South Korea. 

The 2.7 million small businesses in the state of Texas employ over 4.74 million people and added nearly 95,000 net new jobs, according to the latest SBA Small Business Profile. The economic growth in Texas has remained strong as the unemployment rate dropped from 4.1% to 3.8% in 2019.

Temple, Texas Business Profile

Founded in 1882, Temple is home to a vibrant economy based around goods distribution due to their central location between major economic hubs and their recognition as a regional medical center both of which drive the local economy.

The Temple business sector is also home to the headquarters of two multinational companies, Wilsonart International and McLane Company. With their low cost of living, Temple is also positioned to continue growing with developments to their customer service and call center industry.

Temple is poised to continue its amazing growth – with three major hospitals that serve the entire region, major goods distribution from their central location, and a growing customer service and call center industry within the city.

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