ELECTRICITY RATES IN LUBBOCK
Lubbock Electricity Rates and Plans
Shop and compare energy plans from top electricity providers in Lubbock, Texas.
ENERGY COMPANIES & RATES IN LUBBOCK
Lubbock Electricity Guide
Lubbock electricity prices have decreased slightly over the past 7 days, down 0.2¢ per kWh to an average of 15.84¢. That translates to roughly $2/month in savings for a typical household using 1,000 kWh. With 68 plans available and rates spanning from 5.61¢ to 23.71¢, the market offers considerable range depending on plan structure and term length.
7-DAY MARKET TRENDS
Electricity pricing trends in Lubbock
Track how electricity rates have changed over the past week.
Average Pricing for an Average Home (1000 kWh)
These rates are from the Lubbock P&L utility region, which Lubbock is geographically located in.
ENERGY RATES IN LUBBOCK
Today’s lowest electricity rates in Lubbock
Lubbock residents benefit from Texas’s deregulated electricity market, allowing you to choose from 68 available plans across multiple retail providers. The market currently offers 63 fixed-rate plans with prices ranging from 5.61¢ to 23.71¢ per kWh, averaging 15.84¢/kWh. Environmentally conscious consumers will find 66 renewable options, including 7 plans offering 100% green energy at virtually no premium over conventional plans. Since 64% of Lubbock homes are single-family residences averaging 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage tiers to find accurate pricing for their consumption level.
Compare All PlansAUGUST 23, 2026
TOP 6 LOWEST RATES IN LUBBOCK
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Compare electricity plans in Lubbock
Based on 79401 ZIP code. 68 plans available. Rates were updated at 07:36 AM CDT on August 23, 2026.
ELECTRICITY RATES BY HOUSING IN LUBBOCK
Find the right plan for your home
Lubbock's housing stock is dominated by single-family homes (64%), which average around 2,261 sq ft and typically use about 1,225 kWh monthly. At this usage level, Just Energy's Smart Choice – 12 plan offers rates at 7.9¢/kWh (~$97/mo), while the city's large apartment residents (16% of housing) using around 517 kWh/mo may find Just Energy's Simple Value – 24 at 14.0¢/kWh (~$73/mo) more suitable for their lower consumption.
Single-family homes
64% of homes in the city
Large apartments (10+ units)
16% of homes in the city
Small apartments (2-9 units)
14% of homes in the city
Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates 2023, Table B25024 — Units in Structure. Lubbock, TX (115,573 total housing units). Energy estimates based on EIA Residential Energy Consumption Survey (RECS), West South Central region.
HOW TO CHOOSE
Choosing an electric company in Lubbock.
When looking for your retail electricity provider and choosing an electric plan, there’s a number of factors to keep in mind. You’ll be able to choose a plan that’s best for you if you understand your energy usage and what’s important to you in a provider. Below are a series of tips to help you make the best decision for your household.
FREQUENTLY ASKED QUESTIONS
Common questions about energy in Lubbock
As of August 23rd, 2026, the lowest electricity rate in Lubbock is Just Energy's Smart Choice – 12 plan at 5.61¢/kWh. This is significantly below the market average of 15.84¢/kWh, with 68 total plans currently available to choose from.
Lubbock's hot summers and cold winters significantly impact electricity usage. Most homes average around 1225 kWh monthly, but usage spikes during extreme weather. Air conditioning in summer and heating in winter are the primary drivers of higher electricity costs throughout the year.
Since 64% of Lubbock housing consists of single-family homes averaging 1225 kWh monthly, a 2000 kWh plan tier is recommended for most residents. This provides headroom for seasonal usage spikes while securing competitive rates. Consider green energy plans—66 available with virtually no premium.
Switch to competitive rates like the 5.61¢/kWh plans available versus the 15.84¢/kWh market average. Improve home insulation, use programmable thermostats, and maintain HVAC systems regularly. Consider green energy plans, which cost essentially the same as traditional options in Lubbock.
NEARBY METROS
Compare electricity rates in cities near Lubbock
Lubbock shoppers often compare plans in nearby Texas metros — rates, providers, and plan types can differ just a few miles away.




