Electricity providers in Waco, TX
Most Waco homes are on Oncor and can choose their retail provider — but parts of rural McLennan County are on an electric cooperative and can't. The first step is confirming which one you're in.
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Written and reviewed by the Base Power team · Last updated May 27, 2026
Quick answer
The city of Waco is served by Oncor and is deregulated, so most Waco homes choose their retail provider from a long list while Oncor delivers the power. The important local nuance: parts of rural McLennan County are served by electric cooperatives (Heart of Texas and HILCO), and co-op members can't shop the competitive market — so an address check matters here more than in most cities. For homes on Oncor, the choice is the energy rate and plan structure; Base keeps it to one flat energy rate (advertised at 8¢/kWh) plus Oncor's pass-through delivery and a flat monthly membership.
How it works
What you're actually choosing in Waco
In the city of Waco, your provider doesn't own the wires — Oncor does. It owns and maintains the poles, wires, and meter, delivers your power, and restores it after an outage, for every home in its territory regardless of who you buy from. So choosing or switching a retail provider changes your energy rate and plan, not your reliability or your delivery charges.
Here's the Waco-specific catch worth knowing before you shop: not all of McLennan County is on Oncor. Rural areas around Waco are served by electric cooperatives — Heart of Texas Electric Cooperative and HILCO — and co-op members buy power from the co-op and can't choose a retail provider. Most addresses inside the city of Waco are on Oncor and can shop, but the only way to be sure is to confirm your address or check your current bill.
The wires
Waco is served by Oncor Electric Delivery
Whoever you pick as your retail provider, Oncor still owns and maintains the poles, wires, and meter — and restores your power after an outage. Its delivery charges are set by the PUCT and passed through by every provider without markup, so they're identical no matter whose name is on your bill.
Oncor Electric Delivery
Serves the Dallas–Fort Worth Metroplex and much of North and West Texas.
- Report an outage
- Oncor outage map · 888-313-4747
- Finding your ESID
- Oncor ESIDs are typically 17-digit numbers that begin with 1044372.
The hard part
The plan-type maze
For the Oncor-served majority of Waco, the shopping experience is the same crowded market as the rest of North Texas — more than 70 providers, dozens of plans per ZIP, and the familiar mix of bill-credit and tiered plans whose advertised rate only holds inside a usage band. With triple-digit Central Texas summers (Waco hit a record 90 days at or above 100°F in 2011), missing that band is a real risk. Base removes it: one flat energy rate at any usage, Oncor's delivery passed through without markup, and a flat monthly membership.
Fixed-rate
One energy rate for the whole term. The simplest option — but check whether a bill credit is baked in, which makes it act like a bill-credit plan.
Bill-credit
A low advertised rate that depends on a monthly credit you only get inside a usage band (often around 1,096 kWh). Miss the band and the effective rate jumps.
Tiered
A headline rate that only applies in one usage range and changes outside it — easy to misread as a flat rate.
Free nights or weekends
Free power during set hours, paid for by a higher rate the rest of the time. Worth it only if a real share of your usage lands in the free window.
Variable / month-to-month
No contract, but the rate can move with the market — variable rates spiked for some Texans during past market events.
Flat (one rate, any usage)
What Base does: one energy rate (advertised at 8¢/kWh) at any usage, plus Oncor delivery passed through and a flat monthly membership — no threshold to miss.
Three steps
How to choose a provider in Waco
- 1
Ignore the headline rate
The 'as low as' number on the comparison screen is rarely what a real home pays. Look at the all-in cost at your actual monthly usage on each plan's Electricity Facts Label (EFL).
- 2
Know your plan type
Fixed, tiered, bill-credit, or time-of-use — each behaves differently at your usage. A flat plan is the easiest to predict because the rate doesn't depend on hitting a band.
- 3
Check the term and the exit fee
Note the contract length and any early termination fee before you sign, and confirm whether a deposit is required. Switching is easy; your new provider coordinates it with Oncor.
Compare offers on Power to Choose (the official PUCT marketplace), pull the Base EFL, or enter your address to see your exact Base rate.
A simpler option
Why Waco homeowners pick Base
For Waco homes on Oncor, Base trades the plan-shopping maze for one flat rate at any usage — easy to predict through a Central Texas summer — plus an optional home battery that keeps your own home powered the next time the grid is stressed.
One flat energy rate (advertised at 8¢/kWh) at any usage, Oncor delivery passed through without markup, and a flat $19–$29/mo membership — no teaser rates and no bill-credit games. Base also offers an optional whole-home battery as a separate product that backs up your own home during an outage.
You can obtain important standardized information that will allow you to compare this product with other offers. Contact Base Power at 512-518-1009 or basepowercompany.com.
Researching a specific provider?
Honest reviews of the big Texas providers
We dug into who owns each major provider, how its plans are structured, what it charges, and what customers actually say — balanced, sourced, and updated. Start with whoever you're weighing in Waco.
- Gexa Energy review NextEra Energy (NYSE: NEE)
- Rhythm Energy review Independent — backed by Goldman Sachs private equity
- Reliant Energy review NRG Energy (NYSE: NRG)
- Cirro Energy review NRG Energy (NYSE: NRG)
- TXU Energy review Vistra Corp (NYSE: VST)
- Constellation Energy review Constellation Energy Corporation (Nasdaq: CEG)
- Green Mountain Energy review NRG Energy (NYSE: NRG)
Local context
Choosing power in Waco
Waco sits on the Brazos River about halfway between Dallas–Fort Worth and Austin, a city of roughly 146,000 anchored by Baylor University and, increasingly, by the Magnolia brand that Chip and Joanna Gaines built downtown. Its I-35 location has made it one of Central Texas's faster-growing small cities.
For most Waco homes, electricity is straightforward deregulated Oncor territory — you choose your provider, Oncor delivers. After Winter Storm Uri in 2021 left much of Central Texas without power, some homeowners added a home battery: a separate product that backs up your own home during an outage, independent of which provider you choose.
Waco electricity provider FAQs
More Texas cities
See your Waco rate in two minutes
Skip the plan-shopping. Enter your address for an all-in rate — one flat energy charge, pass-through delivery, and a flat membership, with no teaser pricing or bill-credit games.
Sources
- Power to Choose — the official PUCT marketplace
- Public Utility Commission of Texas
- ChooseTexasPower — Waco (Oncor, deregulated)
- Heart of Texas Electric Cooperative — service area
- NWS Fort Worth — Waco 100°F day records
Plan documents: Electricity Facts Label (EFL) · Terms of Service & Your Rights as a Customer. Products and pricing are offered to qualified customers in Texas only.