Olney, Texas electricity rates - plans that match your needs

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Electricity Providers in Olney, Texas

Olney is the 568th most populous city in the state of Texas. Approximately 3,007 residents reside within its borders. In Olney, consumers may choose between many electricity providers when it comes to who they purchase their electricity from. This is known as a deregulated electricity market. Sadly, deregulated electricity markets are overflowing with unreliable companies with misleading or confusing advertising methods. Find Energy is here to help connect consumers to providers with good rates and quality marketing practices.

In deregulated markets, utility companies handle the distribution of electricity and power line upkeep and Retail Electric Providers (REPs) take care of the supply and sale of electricity to consumers. Because utility companies own the transmission lines that deliver to homes and businesses, customers cannot pick which utility they have. However, in a deregulated market they can select the REP that they secure electricity from. Olney residents have 10 REPs to choose from for electricity service. To make things easier, we've made a list of the most reliable suppliers serving commercial and residential electricity in Olney.

Olney, TX Electricity Rates & Bills

Electricity rates are often not easy to understand on electricity plans in Olney. The terms and conditions on plans in our marketplace have been vetted by our team. We are confident you will be able to easily comprehend them and have correct expectations of what you will spend per kilowatt-hour on electricity bills. Before you purchase, take a look at the EFL, or Electricity Facts Label, of the plan to make sure you are clear exactly what you are getting. The EFL has useful information, like rate details and how much you can anticipate paying when you consider your usage.

Below you can find current price trends and historical rate data for Olney.

Olney, Texas Electricity Price Trends

Residential

Olney Averages

Rate10.96¢
Usage1,024 kWh
Bill$112

Texas Averages

Rate12.34¢
Usage1,123 kWh
Bill$139

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Commercial

Olney Averages

Rate10.96¢
Usage1,024 kWh
Bill$112

Texas Averages

Rate12.34¢
Usage1,123 kWh
Bill$139

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Olney, TX Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.113/kWh$0.095/kWh$119.22/mo.$94.66/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.113/kWh$0.095/kWh$119.22/mo.$94.66/mo.

Current Average Rates, Consumption & Bill Amounts in Olney, Texas

  • At present, the average residential electricity rate in Olney is 10.96 cents per kilowatt-hour. The current average in Texas is 12.34 cents and the US average is 13.67 cents.
  • The average residential monthly electricity bill in the city is $112.18, while the state average is $138.6 and the national average is 120.97
  • The commercial electricity rates in Olney presently average 9.45 cents per kilowatt-hour. The average for Texas is 7.51 cents and for the United States is 10.73 cents.
  • Olney's average monthly commercial electricity expense is $1,377.8. The average for Texas is $663.97 and for the US it is 578.14.

Residential

Commercial

Olney, TX Commercial Electricity

Most business owners overlook the importance of obtaining a competitive electricity rate. No matter what industry you operate in, it is likely that electricity is a good percentage of your expenses. Business owners can commit a minimal amount of time to begin the comparison process and our team can handle the heavy lifting! Receiving a better rate by just a few percent on your electricity bill for your company can result in saving thousands of dollars a year. Regardless if you are office buildings or a doctor's office, we can assure you that there is money to be saved on your monthly electricity bills.

Here at Find Energy, we are dedicated to providing sensible business electricity prices from the largest and most trusted service providers who are operating in the Olney area. To help you save money on your monthly bill, we will submit your company for custom pricing consideration to electricity companies, provided that your monthly bill exceeds $3,000. A personalized electricity price typically comes with massive long-term savings to the consumer. With more than a few potential strategies for a business to save, anyone refusing to take advantage of the deregulated market in Olney is surely leaving money on the table.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


If you are wondering whether to give this a try, here are a number of points to consider:

  • Fixed-rate plans can lock in savings for years to come - Almost every single plan on our marketplace is a fixed rate plan, as our experience tells us that these kinds of plans are what's best for many people. Fixed rate plans allow people to determine exactly how much they will pay per kilowatt-hour every month and give them the ability to lock in the most attractive rates in the market, even when the price of electricity skyrockets.
  • There is no disruption of electricity service when you change to plan - There is no need to concern yourself with a temporary loss of electricity during the switching process because your utility will not stop service. You will simply notice is the lower number on your new monthly bill!
  • Quick, simple, and painless - Our intention is to instantaneously and effectively help your company to save money in the long term. Find Energy has designed our purchasing experience to be as painless for you as possible. Simply submit your information. Once you confirm your account with us, Find Energy will take care of the entire switching process. We will make certain that your company is provided with only the best deals from the top electricity suppliers in Olney.
  • No “break up” call with your existing service provider - Our team handles the entire switching process if you are not under contract. Once you fill out your information, the only thing you need to do is to let us help you choose the most attractive plan for your business. You will receive a lower bill for months to come. And even if you are under contract, Find Energy can still assist you in finding and switching to a more attractive pricing plan.
  • There's zero obligation to buy - Look around. Review your options. And let us get you the most attractive plans for your establishment. It doesn't get any easier than that! If you don't like the quotes you receive from us, then you don't have to do anything. You can continue on with your existing service. Only switch if it makes total sense.

Find Energy is dedicated to getting you the best options in Texas. To get started, all you have to do is just enter your zip code on this page and answer a few questions. In our estimation, businesses are usually able to save anywhere between 15% and 25% on their monthly bills after using Find Energy.

Olney, TX's Utility Company is Oncor Electric

Oncor Electric is the primary electric utility company in your area. Losing power in your house can be troublesome. Make sure to call your utility company to report any power disruptions. Reach out to Oncor Electric directly at (888) 313-4747, or report a blackout on website.

Shop Electricity Providers by Zip Code in Olney, TX

  • 76374

Olney, TX Electricity FAQs

FAQ

How many electricity companies are in Olney?

Olney has a total of 10 suppliers selling electricity within the city limits.

What electric company does Olney, Texas use?

Here are some of the most reliable electricity companies in Olney:

How should I choose an electricity provider in Olney?

The easiest way to choose an electricity company in Olney is to use Find Energy in comparing the different price points available to you right now. Similarly, you can look up all the individual websites of each supplier and research what plans they have right now. We'd start with these companies:

What is an affordable electricity rate in Olney?

Olney's average plan costs 10.96 cents per kWh. Although, as of writing, the best electricity rate is 17.00 cents per kWh. This rate can be locked in through our marketplace and is sold by Texpo Energy.

Who is the most affordable electricity provider in Olney?

Texpo Energy presently sells the cheapest residential power plan with a rate of 17.00 cents per kilowatt-hour.

Who has the cheapest electricity rates in Olney?

The cheapest electricity deals in Olney can be seen below.

ProviderRate (¢/kWh)
Texpo Energy17.00
Just Energy17.90
Constellation Energy18.90
Payless Power21.10

How do I shop for a renewable electricity plan in Olney?

Through Find Energy, you can buy a 100% Green electricity plan in no time at all. Just look for electricity deals that indicate the 100% Green label.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16