Texas Electricity Prices

Texas residents paid 15.91¢/kWh for electricity in August 2026, ranking 30th among the 50 states and DC, where the most expensive state ranks first. This rate sits 2.25¢/kWh below the national average of 18.16¢/kWh, placing Texas in the lower half of the price distribution. Among bordering states, New Mexico's 16.51¢/kWh is slightly higher, while Oklahoma at 14.82¢/kWh, Arkansas at 14.37¢/kWh, and Louisiana at 12.87¢/kWh are all lower. Commercial and industrial rates stood at 8.96¢/kWh and 7.21¢/kWh respectively.

Over the past five years since August 2021, the residential rate has climbed 33.2% from 11.94¢/kWh. The longer view shows a 19.2% increase since August 2006, when the rate was 13.35¢/kWh. Since records began in January 2001 at 7.68¢/kWh, the rate has more than doubled, rising 107.2%. The all-time high came in April 2026 at 17.00¢/kWh, while the lowest level on record was 7.44¢/kWh in November 2002. Year-over-year growth has moderated to 2.9%.

The average Texas household bill of $179 per month exceeds the national average of $158, yet monthly consumption at 1,117 kWh well surpasses the national figure of 876 kWh. The larger usage offsets the lower rate, resulting in a bill above the national norm despite Texas's below-average price per kilowatt-hour.