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Electricity in Lubbock, Texas at 500 kWh a month

Lubbock is served by Lubbock Power & Light, which means 96 competitive plans are available to your address and every one of them carries the same Lubbock Power & Light delivery charges. At 500 kilowatt hours a month, the cheapest of them costs $55.21 a month and the most expensive costs $145 — a difference of $1,077.48 over a year for identical electricity delivered down identical wires.

plans available
96
cheapest year
$662.52
middle of the market
$848.97
with conditions attached
19 of 96

The ten cheapest plans in Lubbock right now

Ranked by what twelve months actually cost at 500 kWh a month, not by advertised rate. The gap between those two orderings is the whole reason this list exists.

The ten cheapest electricity plans in Lubbock by annual cost
#PlanAdvertisedReallyA monthA year
1Companion Pro + Perks 3Companion Energy · 3 months11.0¢11.0¢$55.21$662.52
2Frontier Power Saver 3FRONTIER UTILITIES · 3 months11.0¢11.0¢$55.21$662.52
3Gexa Eco Choice 3GEXA ENERGY · 3 months · 100% renewable11.0¢11.0¢$55.21$662.52
4Companion + Perks 8Companion Energy · 8 months11.2¢11.2¢$56.21$674.52
5Frontier Power Saver 8FRONTIER UTILITIES · 8 months11.2¢11.2¢$56.21$674.52
6Gexa Eco Choice 8GEXA ENERGY · 8 months · 100% renewable11.2¢11.2¢$56.21$674.52
7SoFed Try Us Out Now - 3SOUTHERN FEDERAL POWER LLC · 3 months11.0¢11.5¢$57.72$692.67
8Sustainable Living Bundle - 3JUST ENERGY · 3 months11.0¢11.8¢$58.73$704.71
9Sustainable Lifestyle - 3AMIGO ENERGY · 3 months11.0¢11.8¢$58.73$704.71
10Sustainable Home Bundle - 3TARA ENERGY · 3 months11.0¢11.8¢$58.73$704.71

See all 96 plans in Lubbock

The cheapest plan in Lubbock, itemized

Where the money actually goes

August · itemizedCompanion Energy — Companion Pro + Perks 3800 kWh used this month
Energy charge · 800 kWh × 4.73¢$37.84
LP&L delivery · 800 kWh × 6.312¢$50.50
What you would actually pay$88.34
Across twelve months at your usage$662.52 / year

fact label read September 17, 2026

advertised11.0¢and that is what it works out to

Companion Energy advertises 11.0¢ per kilowatt hour for Companion Pro + Perks 3. In August, when a Lubbock house is running its air conditioning hardest, that becomes a $88.34 bill. Across the year it averages 11.0¢, because Lubbock Power & Light charges $50.50 to deliver it and the retailer’s own monthly charge does not care how much you use.

Full breakdown of Companion Pro + Perks 3

Questions people in Lubbock ask

What is the cheapest electricity plan in Lubbock?
At 500 kilowatt hours a month, the cheapest plan whose fact label we have read in full in Lubbock is Companion Pro + Perks 3 from Companion Energy, at $662.52 over twelve months — an average of $55.21 a month, or 11.0¢ per kilowatt hour once Lubbock Power & Light delivery charges and everything in the fact label are counted.
Is the plan with the lowest advertised rate the cheapest?
The plan with the lowest advertised rate among the labels we have read in full in Lubbock is SimpleSaver 12 from AP GAS & ELECTRIC (TX) LLC at 7.8¢, but priced properly it ranks 91 of 96 and costs $585.48 a year more than Companion Pro + Perks 3.
How much does the choice actually matter in Lubbock?
$1,077.48 a year between the cheapest and most expensive plan on the same usage. That is the same electricity, delivered by Lubbock Power & Light down the same wires, metered by the same meter. The only thing that differs is the contract.
Why is my bill higher than the advertised rate suggests?
Three reasons, in order of size. Lubbock Power & Light charges a fixed amount every month plus a rate per kilowatt hour to deliver electricity to your house, and that lands on your bill whichever retailer you pick. Many plans add their own monthly base charge on top. And plans that advertise a low rate often do it with a bill credit that only pays out above a usage threshold, so a mild month misses it entirely and the effective rate that month is far higher than advertised.
Can I switch if I rent in Lubbock?
Yes, as long as the electricity account is in your name, which it usually is for a house or a small building. Your landlord does not choose your retailer. Nothing physical changes when you switch — no engineer visit, no interruption — because Lubbock Power & Light keeps delivering the electricity either way. Only the company billing you changes.
Should I take a twelve-month contract or stay month to month?
In Lubbock today the cheapest twelve-month plan works out to $59.11 a month and the cheapest month-to-month plan to $76.72. Locking in saves $211.34 a year at this usage, and month-to-month rates are variable, meaning they can rise without your agreement.

Same delivery area

Other cities with the same plans and the same delivery charges

10 of the 96 plans sold in Lubbock use a bill credit to make their advertised price look smaller, which is why we price every month separately. How we count.