Octo Simple 24
Octopus Energy LLC · 24-month contract · fixed rate · Texas-New Mexico Power delivery area · 100% renewable
At 1,000 kilowatt hours a month spread across a Texas year, this plan costs $2,007.59 over twelve months — an average of $167.30 a month, or 16.7¢ per kilowatt hour all in. That makes it the 142nd cheapest of the 166 plans sold in Texas-New Mexico Power territory.
Cost at your usage
1,000 kWh a month on average
A year on this plan
$2,007.59
$167.30 a month · 16.7¢ per kWh
advertised16.8¢better for you16.7¢
your most expensive month
| Energy charge · 1,600 kWh × 9.5001¢ | $152 |
|---|---|
| TNMP delivery · 1,600 kWh × 6.43¢ | $102.88 |
| TNMP delivery · monthly fee | $8 |
| What you would actually pay | $262.88 |
Every month at 1,000 kWh
| Month | Estimated bill | Notes |
|---|---|---|
| Jan | $132.25 | |
| Feb | $119.51 | |
| Mar | $116.32 | |
| Apr | $119.51 | |
| May | $148.18 | |
| Jun | $208.72 | |
| Jul | $262.88 | |
| Aug | $262.88 | |
| Sep | $215.09 | |
| Oct | $154.56 | |
| Nov | $125.88 | |
| Dec | $141.81 |
The published comparison points
Checking our arithmetic against theirs
Power to Choose makes every retailer publish an average price at exactly 500, 1,000 and 2,000 kilowatt hours a month. Those are the three numbers we recompute from the fact label; when ours land on theirs we know we have read the label correctly. They assume flat usage every month, which is why they differ from the seasonal figures above.
| Usage | They advertise | We compute | Monthly bill | A year |
|---|---|---|---|---|
| 500 kWh a month | 17.5¢ | 17.5¢ | $87.65 | $1,051.80 |
| 1,000 kWh a month | 16.8¢ | 16.7¢ | $167.30 | $2,007.60 |
| 2,000 kWh a month | 16.4¢ | 16.3¢ | $326.60 | $3,919.20 |
What is actually in this plan
The fine print, in plain English
- Base charge
- None. You pay only for what you use, plus your utility’s delivery charges.
- Energy charge
- 9.500¢ per kilowatt hour, the same at any usage.
- Bill credits
- None. Nothing to qualify for and nothing to lose.
- Minimum usage fee
- None.
- TNMP delivery charges
- $8 a month plus 6.4300¢ per kilowatt hour, added on top. This is your utility’s charge for the poles and wires and is the same whichever retailer you choose.
- Early termination fee
- $250 if you leave before the end of the 24-month term. Worth comparing against what you would save by switching.
The alternatives
Five plans that cost less than this one
Same territory, same 1,000 kWh a month, same method.
- #1No Gimmicks 11 — Budget Power$120.15/mosaves $565.77 a year
- #2September Savin' 6 — Energy Texas$120.28/mosaves $564.21 a year
- #3Simply September 6 — RHYTHM$120.28/mosaves $564.21 a year
- #4Bright Nights 6 — CHARIOT ENERGY$121/mosaves $555.59 a year
- #5Bright Nights 10 — CHARIOT ENERGY$122/mosaves $543.59 a year
One month, itemised
August on this plan
The hottest month, at 1,000 kWh a month average. Every line here comes from the fact label or the TNMP tariff.
| Energy charge · 1,600 kWh × 9.5001¢ | $152 |
|---|---|
| TNMP delivery · 1,600 kWh × 6.43¢ | $102.88 |
| TNMP delivery · monthly fee | $8 |
| What you would actually pay | $262.88 |
Figures computed August 7, 2026 from the plan’s own Electricity Facts Label and published Texas-New Mexico Power delivery charges. We are not the retailer and cannot sell you electricity; confirm the rate on the label before you sign anything. How we count.