Quick Answer
Fixed-rate plans lock your price per kWh for the entire contract. Here are the best options with rates from 13.9 to 14.8 cents.
Why Fixed-Rate Plans Protect Texas Consumers
Fixed-rate plans lock your energy charge per kWh for your entire contract term.
When wholesale prices spike—like during Winter Storm Uri when spot prices hit $9,000 per MWh—your rate stays the same.
True flat-rate plans also provide consistent pricing across usage levels, unlike bill-credit plans that swing 10+ cents per kWh between low and high usage.
True Simple 6 from APGE shows what real fixed-rate looks like:
| Usage | Rate |
|---|---|
| 500 kWh | 14.5¢ |
| 1,000 kWh | 14.1¢ |
| 2,000 kWh | 13.9¢ |
That 0.6 cent variance comes from fixed monthly charges spreading across usage—not pricing tricks.
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Top Fixed-Rate Plans Ranked
True fixed-rate plans maintain consistent pricing across all usage levels. Here's what separates the best from the rest:
- Rate consistency — Less than 1¢ variance from 500 to 2,000 kWh
- Green energy options — 100% renewable at competitive prices
- Flexible terms — 6-month options for those who need flexibility
- Reasonable ETFs — $150-250 range, not $300+
Current top fixed-rate plans are shown below. Click any plan name to check availability and see exact pricing for your ZIP code.
Plans update daily to reflect current market rates.
Fixed-Rate vs Variable-Rate Plans
Variable-rate plans adjust monthly based on wholesale market conditions.
In stable markets: Variable rates can run 1-2 cents cheaper than fixed.
During price spikes: Variable rates can triple overnight.
Winter Storm Uri saw some variable-rate customers receive bills exceeding $10,000 for a single month.
Fixed-rate plans provide insurance against these extremes. You might pay slightly more during calm periods, but you're protected during volatility.
For most households, that peace of mind outweighs potential savings from market timing.
Fixed-Rate vs Bill-Credit Plans
Bill-credit plans offer lower headline rates but create usage-dependent pricing.
Price comparison:
| Plan | 500 kWh | 1,000 kWh | 2,000 kWh |
|---|---|---|---|
| SimpleSaver 7 (bill-credit) | 21.8¢ | 8.9¢ | 14.9¢ |
| True Simple 6 (fixed) | 14.5¢ | 14.1¢ | 13.9¢ |
Who wins at each usage level:
- Under 750 kWh: True Simple 6 costs $36+ less monthly
- Exactly 1,000 kWh: SimpleSaver 7 costs $52 less monthly
- At 2,000 kWh: True Simple 6 costs $10 less monthly
Choosing Your Contract Term
Term comparison:
- 6-month terms: Flexibility to switch if better rates appear, but requires more frequent shopping
- 12-month terms: Balance rate security with manageable commitment
- 24-36 month terms: Lock rates longer but carry higher ETFs and risk if rates drop
Texas wholesale prices have stabilized after 2021-2023 volatility. 12-month contracts capture reasonable rates without over-committing.
Pro tip: Set a calendar reminder 30 days before contract end to shop for renewal.
Understanding Early Termination Fees
ETFs typically range $150-350 for fixed-rate plans. Some charge flat fees regardless of remaining term; others prorate based on months left.
Before switching mid-contract, calculate:
(Monthly savings with new plan) × (Remaining months) vs (ETF amount)
Example:
- 6 months remaining
- New plan saves $20/month
- ETF is $150
Verdict: Wait for contract end.
Some REPs offer to buy out your ETF when you switch—ask about this option.
How to Identify True Fixed-Rate Plans
Check the Electricity Facts Label for rates at 500, 1,000, and 2,000 kWh.
The test:
- True fixed-rate: Less than 2 cents variance across all levels
- Bill-credit plans: 5-15 cents variance
Avoid plans with phrases like:
- "bill credit"
- "usage credit"
- "rewards"
Our comparison tool shows all three usage levels so you can identify true fixed-rate options instantly.
When Fixed-Rate Might Not Be Best
Fixed-rate plans may not be optimal if:
- You actively monitor wholesale electricity markets and can time plan switches
- Your usage is extremely consistent at exactly 1,000-1,100 kWh monthly (bill-credit plans work here)
- You're only in Texas for 3-4 months (month-to-month variable might avoid ETF)
- You have solar panels and net metering (specialized solar plans may offer better terms)
Frequently Asked Questions
Can my fixed rate ever change during the contract?
What happens when my fixed-rate contract ends?
Why do fixed-rate plans vary by 0.5-1 cent across usage levels?
- At 500 kWh: A $5 base fee adds 1 cent per kWh to your effective rate
- At 2,000 kWh: The same fee adds only 0.25 cents per kWh
Are 24 or 36-month fixed-rate plans worth it?
- Higher ETFs if you need to move
- No ability to capture falling rates
- Potential buyer's remorse if market prices drop significantly
Do all fixed-rate plans have early termination fees?
Looking for more? Explore all our Texas Energy guides for more helpful resources.
About the author
Consumer Advocate
Enri knows the regulations, the fine print, and the tricks some suppliers use. He's spent years learning how to spot hidden fees, misleading teaser rates, and contracts that sound good but cost more. His goal: help people avoid the traps and find plans that save money.
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Topics covered
Sources & References
- ERCOT (ERCOT): "Winter Storm Uri wholesale pricing impact"Accessed Dec 2025
Last updated: December 31, 2025
