Pharr electricity prices have decreased by 0.2¢ over the past 7 days for an average 1,000 kWh home. That’s roughly a $2/month savings for the average family. With 111 plans available ranging from 6.9¢ to 21.57¢ per kWh, the market is showing some relief. We can’t predict where rates will go, but a downward trend is generally a good signal if you’re considering a switch.