Austin Energy / AEP Texas territory

Austin electricity rates.

Austin is unusual. The City of Austin itself is served by Austin Energy — a municipal utility, not part of the deregulated Texas market. But Austin's rapidly growing suburbs (Pflugerville, Round Rock, Cedar Park, Bee Cave, Lakeway) are in AEP Texas territory and DO have plan choice. If you're a Travis County resident outside the City of Austin proper, you can shop electricity providers.

2.4 million
Metro population
$148
Avg monthly bill
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Updated hourly · ZIP 78701
$148 Avg Austin monthly bill EIA, 2024
120+ Plans available in Austin Updated hourly
$340 Avg switching savings Per household, per year
86% of Austin is deregulated ERCOT service area

How Austin electricity works

AEP Texas Central serves most of greater Austin's deregulated areas. Their TDU charges run about 4.97¢/kWh plus around $5.94 monthly. Slightly higher than Oncor (DFW) but typical for the central Texas market.

The actual electricity rate — the part you can control — is set by your Retail Electric Provider (REP). In Austin, the most common providers are Limited — Austin Energy is municipal, suburbs use REPs. Switching providers takes 1-2 billing cycles and doesn't interrupt service.

First, confirm you're actually in a deregulated area

Type your address into the Public Utility Commission's service search. If you see "Austin Energy" as your utility, you have no choice — you're a municipal customer. If you see "AEP Texas Central", you can shop.

Tech salaries don't mean better rates

Austin's booming, but REPs don't discount based on neighborhood. The same plan from Gexa costs the same in 78701 as it does in 78610 — but rates do vary because AEP's delivery tier varies by sub-region.

Watch for hot-summer spike protection

Austin's heat is brutal and gets worse. A 36-month fixed-rate plan today is cheaper insurance than waiting and re-shopping every 6 months.

How to find the cheapest Austin plan

The fastest way: use our plan comparison tool with your ZIP code. It pulls every available plan from the Compare Power database (the same data REPs publish to the Public Utility Commission of Texas) and ranks them by what you would actually pay at your usage level.

If you don't know your usage, run the bill calculator first to estimate it, or check your last bill for the "kWh used" number.

Austin electricity FAQ

Can I switch electricity providers in Austin? If you're in a deregulated part of Austin, yes — most of Austin can switch any time. There's no service interruption.

Does switching providers cost anything? No. Switching itself is free. If you're mid-contract on your current plan, you might owe an Early Termination Fee (typically $150-$295) to your current REP — check your contract.

How long does switching take? Usually 1-2 billing cycles (3-8 weeks). The same poles deliver your electricity throughout; only the billing entity changes.

Will my power get shut off if I switch? No. Switching is paperwork-only. Austin Energy / AEP Texas continues to deliver power without interruption.

Tools for every Austin energy question

Four free tools, no signup, real Texas data.