Compare and Shop Electricity rates for your home or business for Free. Shop Texas Electricity has helped thousands of Texans save money on their electric bills. We work with several electric providers in Texas to showcase the best electricity plans with various terms to suit your individual needs. You have the power to choose your electric provider in Texas and by selecting the correct plan you could save a lot of money. Switching or signing up for an electric plan is easy. Electricity rates are the price you pay for electricity. They vary by region and by provider, but the average cost of electricity in Texas is about 12 cents per kilowatt-hour.