Compare Midland Electricity Rates and Plans

Last Updated: March 8, 2025

Looking for cheap Midland electricity rates? Using our guide, you can compare Midland energy providers and save on electricity.

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Frank is an award-winning, nationally recognized energy industry expert, with a long and successful career in electricity and digital publishing. His has built industry-leading startups by developing first-to-market innovations combined with an obsession with quality and customer service. In 2011, he founded Electricity Club, which operates Home Energy Club and other energy platforms.
Nathan Schluter is a content manager based in Houston, Texas, who has written professionally for a decade. A native Texan, Nathan specializes in helping consumers make informed purchasing decisions on complicated topics such as deregulated energy and energy efficiency. He learned the ins and outs of the deregulated energy sector in Texas, working alongside experts in the field, such as Frank Eakin. When he isn’t working, Nathan enjoys writing fiction, playing music, and exploring with his dog, Freya.

Whether you’ve lived in Midland for a long time or are new to the area, Texas’ deregulated energy industry lets you choose your preferred provider. Selecting the best plan for your needs could potentially lower your electricity bills. Wading through all the available electricity plans in Midland can seem complicated, but this guide can help you make the right choice.

The rates and plans listed on this page provide a good guide to what you can expect from the providers and help you compare low-rate electricity plans in Midland.

Best Midland Electricity Rates in December

The energy plans below are our top recommendations based on bill predictability and cost. While other plans may offer lower advertised rates, you could sacrifice predictable monthly energy costs in your pursuit of cheaper prices.

Provider

Plan Name

Est. Monthly Bill

Rate (¢/kWh)

% Renewable

Frontier Utilities

Frontier Budget Saver 12

$165

16.5

30%

Tri-Eagle Energy

Simple Savings 12

$158

15.8

9%

Rhythm Energy

Simply Select 12

$164

16.4

100%

4Change Energy

One Rate 12

$157

15.7

9%

Veteran Energy

Secure 12

$157

15.7

7%

Gexa Energy

Gexa Light Saver 12

$173

17.3

100%

Frontier Utilities

Platinum 12+

$183

18.3

30%

TXU Energy

Simple Rate 12

$182

18.2

9%

Payless Power

12 Month - Prepaid

$198

19.8

26%

Gexa Energy

Gexa Eco Saver Advantage 12

$204

20.4

9%

The rates in the above table are updated daily. We pull rates for the Oncor area in the ZIP code 75001. Monthly bill estimates are for 1,000 kWh usage.

Cheapest Electricity Rates in Midland

Below, compare some of the cheapest advertised electricity rates in Midland. Finding a cheap electricity plan in Texas can help you save significantly on monthly bills. However, be careful of plans that advertise extremely low rates through bill credits. These usage-based account credits can cause bill shock in months when your usage doesn’t meet the required kWh level to earn the credit.

Provider

Plan Name

Est. Monthly Bill

Rate (¢/kWh)

% Renewable

Frontier Utilities

Frontier Saver Plus 12

$103

10.3

30%

Frontier Utilities

Frontier Saver Plus 24

$103

10.3

30%

Gexa Energy

Gexa Eco Saver Plus 24

$103

10.3

100%

Gexa Energy

Gexa Eco Saver Plus 12

$103

10.3

100%

Express Energy

Flash 12

$104

10.4

0%

Express Energy

Flash 24

$104

10.4

0%

4Change Energy

Maxx Saver Select 24

$104

10.4

0.09%

4Change Energy

Maxx Saver Select 12

$104

10.4

0.09%

Frontier Utilities

Frontier Saver Plus 12 Plan

$112

11.2

30%

Gexa Energy

Gexa Eco Saver Plus 12 Plan

$112

11.2

100%

The rates in the above table are updated daily. We pull rates for the Oncor area in the ZIP code 75001. Monthly bill estimates are for 1,000 kWh usage.

Bill Predictability vs. Low-Rate Energy Plans in Midland

In our July 2024 survey of more than 1,000 Texans, 62% of respondents said that price was their top priority when energy shopping. However, cheap energy plans can compromise the predictability of your monthly energy bill.

The cheapest advertised energy plans typically leverage bill credits to help you save. Bill credits are usage-based discounts that apply to your bill when your usage meets or exceeds a minimum level of kWh. Some bill credit plans even have a maximum amount. Fall below the minimum or exceed the maximum, and you won’t earn the bill credit, causing your energy rate to spike. This inconsistency in energy rates makes bill credit plans highly unpredictable.

If you have a fixed budget, you may prefer a more straightforward plan with a higher rate that makes your bills more predictable.

How Do You Choose an Energy Plan in Midland?

To find the best energy plan for your Midland home, start by determining your usage needs.

Step 1: Identify Your Electricity Usage Needs

Understanding how much electricity you use can help you find an energy plan that matches your needs. If you have a smart meter, you can access your usage data via Smart Meter Texas. You can also assess your monthly bills for the last 12 months to see how your electricity usage fluctuates over a typical year. Electricity rates in Midland vary at set usage levels: 500 kWh for apartments, 1,000 kWh for smaller homes and 2,000 kWh for larger ones.

Step 2: Review Plan Details and Rates

Once you know your usage, you can review different plans to see which might work for you. Do some research to make sure you understand the various types of plans and contract lengths on offer. Fixed-rate plans are often a good choice because they offer price protection for a set term, usually 12, 24 or 36 months. Some plans also have month-to-month terms, but they’re often not the best choice unless you need a short-term energy plan. Shop by ZIP code to make sure you only see plans available in your Midland neighborhood.

Step 3: Switch To Your New Energy Provider

You can switch to your new provider when you find a plan with a rate, contract length and terms that meet your needs. Use our energy comparison to switch online or over the phone in just five minutes. Just enter your ZIP code below.

What Are the Best Electricity Companies in Midland?

Based on our review of dozens of electricity companies, Reliant Energy, Green Mountain Energy and TriEagle Energy are the three top-rated companies in Midland.

We review Texas electric companies across several categories. Price is a key factor, but we also consider plan features and options, customer satisfaction and bill predictability.

Based on advertised rates, we found that Gexa Energy, 4Change Energy, and Frontier Utilities are the cheapest energy providers in Midland on average.

Retail Energy ProviderOur RatingPUCT ScoreBBB Rating
Reliant Energy4.75NR
Green Mountain Energy4.74A+
TriEagle Energy4.73A+
Rhythm Energy4.52NR
TXU Energy4.45A+
Champion Energy4.35A+
Direct Energy4.34F
Cirro Energy4.22A+

Our ratings and the Public Utility Commission of Texas (PUCT) complaint scorecard ratings are out of 5 stars. This data is accurate as of December 2024.

What To Know About the Energy Market in Midland

If you’re new to the Tall City, here’s what you need to know about the local energy market.

Electricity Facts Label

Mandated by the Public Utility Commission of Texas (PUCT), the electricity facts label (EFL) lists all the important details of an electricity plan. You can use this information to compare energy plans to each other as well as your energy needs to identify the best plan for your home. Details listed on EFLs include the following:

  • Energy charge
  • Average energy rate
  • Base charge
  • TDU delivery fees
  • Contract term (in months)
  • Plan type (fixed or variable)
  • Early termination fee (ETF)
  • Renewable energy content
  • Applicable discounts (times of use, bill credits, etc.)

Early Termination Fees

The low prices of long contracts are tempting, but don’t sign up for an energy plan that’s longer than you can commit to. Most energy providers in Texas charge early termination fees of between $150 and $400 if you want to end your contract early. Some providers charge a smaller amount for every month left of the contract rather than a flat rate.

How Does Deregulated Energy Work in Midland?

More than 85% of Texans live in a deregulated energy market. In these areas, including Midland, locals can choose their electricity provider instead of dealing directly with the transmission and distribution utility (TDU) company operating in their service area.

In a market with deregulation, electricity companies buy power in bulk from generators at wholesale auctions. The companies then sell that power to homeowners and business owners across the state, and utilities deliver that power to consumers.

Your chosen light company will handle your customer service needs, including billing. Your local utility manages the power grid and repairs issues, such as power outages and downed power lines.

Which TDU Serves Midland

Oncor is the TDU for all Midland residents. While you’ll mostly deal with your light company, Oncor is responsible for fixing your lines in a power outage. You can track local outages on Oncor’s online outages map. It shows the known outages and when Oncor expects to resolve them. If you’re experiencing a power outage that isn’t already on the map, you can notify Oncor of its details by calling or texting the TDU or using its online form or app. The outages map also has a button that lets you sign up for status updates on outages in your area.

Frequently Asked Questions About Midland Electricity Rates

What company has the cheapest electricity per kWh in Midland?

Generally speaking, we recommend avoiding energy plans with the lowest advertised rates, as they often hide deceptive tactics and confusing rate structures. You may be able to secure more predictable monthly energy costs and competitive rates from providers such as TriEagle Energy or Rhythm Energy. However, Gexa Energy,  4Change Energy and Frontier Utilities offer some of the cheapest electricity rates in Midland. Note that the cheapest advertised rates typically come from bill credit plans, which can cause serious bill shock issues.

When is the best time to shop for a Midland power plan?

You’ll get the best value for money when you shop for a Midland power plan in the fall. Many households crank their AC systems to try to beat the Texas heat during summer, causing rates to skyrocket. By the time fall rolls around, the grid’s not so stressed and energy providers have a surplus of power they need to sell. That means cheaper prices, which you can lock in if you choose a fixed-rate plan.

Spring and winter in Midland tend to be mild, which means you may be able to secure low prices during those seasons as well.

How We Rate and Review Texas Electricity Companies

With dozens of providers and hundreds of plans available in the deregulated Texas market, choosing the right one can feel overwhelming. We created a comprehensive rating methodology to help you cut through the complexity and find the best electricity plan for your needs, whether you’re moving to Texas or looking to switch providers.

We’ve researched dozens of Texas electricity providers and scored them out of 5 stars based on results from our 2025 energy survey of 1,600 Texans, scoring providers on customer satisfaction, experience and retention. Here’s how these core factors weighed into our ratings:

  • Customer satisfaction (30%)
  • Customer retention (30%)
  • Online experience (20%)
  • Customer experience (20%)