Waco Electricity Rates 2026

Waco and McLennan County are served by Oncor Electric Delivery, placing the city squarely within Texas's competitive deregulated electricity market. Waco sits along the I-35 corridor between Dallas and Austin — a region that has seen substantial population and commercial growth driven in part by Baylor University's expansion and the broader "Fixer Upper" tourism economy that put the city on the national map. Oncor serves both the urban Waco core and outlying McLennan County communities including Woodway, Hewitt, and China Spring.

Waco's electricity rates are generally in line with the broader Oncor territory average of 9 to 14 cents per kWh. The city's mix of university housing, historic neighborhoods, and new-construction suburban growth creates varied consumption patterns. Students and renters in older housing often pay higher per-kWh effective rates due to lower insulation quality, while newer homes in the Hewitt and Woodway corridors benefit from modern building codes.

REPs serving Waco ZIP codes include TXU Energy, Gexa Energy, Reliant Energy, Champion Energy, 4Change Energy, Pulse Power, BKV Energy, Discount Power, and Cirro Energy.

Waco Shopping Tip: Baylor University and McLennan Community College students renting apartments should confirm whether utilities are individually metered or master-metered before signing a lease — master-metered properties are billed by the landlord and cannot be individually switched to a competing REP.

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