Waco electricity rates - no ugly plans

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Waco Electric Rate Map
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Waco Electricity Rates

Waco Electricity Prices

Lowest electric rates in Waco today:

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

Best Electric Rates in Waco

Find Waco electricity rates from trusted energy providers

Businesses and residents in Waco can shop for electricity plans from multiple energy providers to find the best rate.

EnergyBot helps Waco residents find the best energy provider by giving simple transparent pricing from dozens of trusted suppliers. Simply enter your zip code and switch electric companies in just a few clicks. Our average customer lowers their electric bill by 20%.

Commercial electricity in Waco

EnergyBot is designed to help your business save money on electric bills. We use historical usage data from your smart meter to match you with the best possible commercial energy plan.

Since EnergyBot only works with the most respected commercial energy providers in Texas, you don't have to worry about hidden fees, rate hikes, or any other tricks from your provider.

Renewable energy plans in Waco

EnergyBot can help you find a partial or 100% renewable energy plan.

Waco as a city is also dedicated to going green. The Waco Chamber is a business organization dedicated to enhancing Greater Waco as a center of excellence and community of choice for businesses and residents. Located in growing Central Texas along the Brazos and Bosque Rivers, Greater Waco is keenly aware of the balance of economy and environment. Greater Waco Chamber built America’s First Green Chamber of Commerce building in 2008 and has received a LEED certification at the gold level for its headquarters and regional marketing center at 101 S. Third St. at Heritage Square. This is the first green Chamber building in America.

Waco Energy Data

Last updated November 2021

  • The average Waco commercial electricity rate is 7.98 ¢/kWh (31% lower than the national average).
  • The average Waco residential electricity rate is 12.03 ¢/kWh (14% lower than the national average).
Source: Texas energy data from The U.S. Energy Information Administration (EIA)

Switch Electricity Providers in Waco

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

Step 1: Shop Waco electric companies and prices

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

Waco 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 Waco

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 Waco

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.

Waco Electric Rates

How much is electricity in Waco? Rates updated daily

A suspension bridge in Waco lit up at night

About Waco, Texas

Waco is a city in central Texas and is the county seat and largest city of McLennan County, Texas, United States. It is situated approximately halfway between Dallas and Austin. The city had a 2010 population of 124,805, making it the 22nd-most populous city in the state of Texas. The 2018 US Census population estimate is just over 138,000. The Waco Metropolitan Statistical Area also consists of McLennan and Falls Counties bringing the total population estimate for the Waco MSA to almost 272,000

Waco has become more well known in recent years from being the home of Chip and Joanna Gaines of the HGTV TV series Fixer Upper. The Gaines’ opened the Magnolia Market in downtown Waco that is a shopping complex containing specialty stores, food trucks, and event space, set in repurposed grain silos originally built in 1950 for the Brazos Valley Cotton Oil Company.  The Magnolia Market in Waco drew 1.2 million visitors in 2016.

Baylor University in Waco, Texas


Waco is also the home of Baylor University with about 17,000 students enrolled. The Baylor Bears athletics teams compete in Waco. The football team has won or tied for nine conference titles, and have played in 24 bowl games, garnering a record of 13–11. The women's basketball team won the NCAA Division I Women's Basketball Tournament in 2005, 2012 and 2019. Baylor is a member of the Big 12 Athletic Conference.

Other attractions in Waco include the Waco Suspension Bridge that is a single-span suspension bridge built in 1870, crossing the Brazos River. Also in Waco, the Hawaiian Falls water park and the Grand Lodge of Texas, one of the largest Grand Lodges in the world.

Several museums in Waco include the Dr Pepper Museum, Texas Sports Hall of Fame, Texas Ranger Hall of Fame and Museum, and the Mayborn Museum Complex.

Waco is also served by the Waco-McLennan County Library system The Armstrong Browning Library, located on the campus of Baylor University, houses collections of English poets Robert Browning and Elizabeth Barrett Browning. The Red Men Museum and Library houses the archives of the Improved Order of Red Men. The Lee Lockwood Library and Museum is home to the Waco Scottish Rite of Freemasonry. The Waco Mammoth National Monument is a paleontological site and museum managed by the National Park Service in conjunction with the City of Waco and Baylor University.

Waco, Texas Business Profile 

The economy in Waco as in most of Texas is very strong with a year-end 2019 unemployment rate of 3.2% that is significantly below both Texas and national unemployment levels. From census data, Waco's median income is just over $37,000 per household with 81% of Waco residents with a high school degree or greater.

The Greater Waco economy has grown every month for 8 straight years as of January 2020. Waco has a diversified economy that helps protect Waco from long economic downturns.

Advanced manufacturing is a strong, growing industry sector for Greater Waco and the Central Texas region. At 14 percent of the local economy, the Waco MSA exceeds both Texas and the United States in manufacturing as a percentage of the industry base. The manufacturing business composition of the community is as diverse as the local economy with industries in transportation equipment, components, pharmaceuticals and advanced food products.

A distinct part of Greater Waco’s advanced manufacturing target includes Aerospace and Defense, which focuses on a range of transportation, systems integration, engineering, research and aerospace products and parts manufacturing businesses. Greater Waco offers a unique business environment for aviation with three airports, three colleges offering training options and more than 30 companies engaged in various aviation and support activities organized through the Greater Waco Aviation Alliance.

Greater Waco is home to more than 420 distribution centers with more than 6,000 employees and nearly seven million square feet. In addition to Interstate 35 (NAFTA Highway) and Foreign Trade Zone No. 246, air cargo capacity is available at three local Waco airports, and rail freight is offered by Union Pacific and BNSF.

Health Care in Waco is a major sector that is comprised of both medical services and equipment. Medical services comprise hospital care services, ambulatory health services such as practitioner offices and nursing and residential care services. Medical equipment supports medical services and health care consumers. Greater Waco’s medical sector is experiencing robust growth with more than $580 million in expansions since 2005 and health and education employment accounting for 18 percent of the Waco economy.

Professional and Financial Services in Waco are made up of subsectors in accounting, finance and insurance, legal, business support, scientific and technical consulting services, engineering, architecture, and creative design. Many opportunities exist in Wacot to support entrepreneurial businesses in consulting, advertising and marketing, to name a few. Greater Waco is home to a cluster of insurance and professional service headquarters that are within proximity to Austin, Dallas-Fort Worth, Houston and San Antonio, which provides an opportunity for firms to service the regional and state markets from a cost-competitive location.

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