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|
Provider
|
Term Length
|
Rate at 1,000kWh
|
|---|---|---|
|
9 months
|
9.40¢
|
|
|
12 months
|
9.58¢
|
|
|
12 months
|
9.58¢
|
|
|
12 months
|
9.60¢
|
|
|
12 months
|
9.90¢
|
|
|
12 months
|
9.90¢
|
|
|
12 months
|
9.90¢
|
|
|
12 months
|
9.90¢
|
|
|
12 months
|
13.20¢
|
|
|
9 months
|
13.40¢
|
|
Provider
|
Term Length
|
Rate
|
|---|---|---|
|
3 months
|
6.11¢
|
|
|
1 month
|
6.34¢
|
|
|
6 months
|
6.67¢
|
|
|
6 months
|
6.98¢
|
|
|
9 months
|
7.38¢
|
|
|
6 months
|
8.20¢
|
|
|
6 months
|
8.55¢
|
Source: EnergyBot (updated daily)
In Odessa, Texas, the electricity market is deregulated, which means you’re not locked into a single provider. Oncor handles the poles and wires, but you get to choose from multiple retail electricity providers competing for your business. That competition is what keeps prices lower—if you shop and compare.
Why it matters: Deregulation can save you money, but only if you take the time to look at your options. Providers structure plans differently, and the cheapest advertised rate isn’t always the cheapest bill once fees or usage patterns are factored in. By comparing side by side, you can see the true cost and make sure you’re actually getting a lower price.
In Odessa, many households and businesses that shop regularly avoid paying above-market rates. Those who stay on default or rolled-over plans often end up paying more. The benefit of deregulation is choice, but the value comes from using that choice wisely.
Here’s an example of how an Odessa household could see real savings by shopping instead of staying on a rolled-over default plan.
Bob uses about 2,000 kWh of electricity a month but doesn't bother to shop around. Instead, he called a provider he saw running a TV ad and signed up with their "most popular" plan at 17¢/kWh.
His average bill is $340 a month.
But if Bob had shopped around, he would have found that other providers offer much more competitive rates, like 13¢/kWh.
His bill should $260 a month - an annual savings of about $1,000.
Unfortunately, most Texans don't take the time to shop and end up overpaying. That's why we made EnergyBot super simple to use. We gather your usage data, match you to the best plan, and our Texas-based support team is always here to help.
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 Odessa:
The deregulated energy market in Odessa 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.
|
Provider
|
Term
|
Rate
|
|---|---|---|
|
3 months
|
6.11¢
|
|
|
3 months
|
6.32¢
|
|
|
1 month
|
6.34¢
|
|
|
3 months
|
6.65¢
|
|
6 months
|
6.67¢
|
Finding a new electricity provider in Odessa is simple with EnergyBot. Follow these easy steps to get the lowest electricity rate in Odessa.
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.
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.
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.
If you’re moving to Odessa, 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.
Odessa 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 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 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.
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.
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.
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.
The cost of electricity in Odessa varies depending on whether you are a residential or commercial customer. As of the latest update:
The average electricity bill in Odessa is 169.8592 per month for residential customers and 323.3371 for businesses. The average electric bill inOdessa can vary widely based on household size, usage habits, and the type of plan. Factors such as air conditioning usage in summer and heating in winter can significantly affect monthly costs.
We have helped over 100,000 shoppers find affordable electricity rates and plans for their homes or business. And we are pretty darn good at it, with over 1,000 5-Star reviews we know how to help you stay powered up.
"We help people make better energy decisions" – that's not just our tagline, it's our lifeblood. We're all about empowering you to take control of your energy costs and efficiency. Whether that means cutting your electric bill, going green, or both, we’re here to help.
We aren't here to sell you something. We are here to help you make the best energy decision for your home or business.
