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Octopus Energy

Retail electricity provider · TX

Avg. all-in rate
12.29¢
Texas, residential
Homes served
16K
1 state
Texas plans now
35
from 9.9¢ at 1,000 kWh

Octopus Energy sells electricity supply in competitive markets. The local utility still delivers the power, maintains the lines and restores outages.

Rates by state

StateHomesSupply rateEst. all-inState avg (all-in)Avg kWh/mo
Texas16,02612.29¢12.29¢15.96¢1,661

Average revenue per kWh from residential customers (EIA-861 2025), adjusted to the 12 months ending July 2026. Outside Texas, "all-in" adds the state's average utility delivery charge.

Price history (Texas)

Octopus Energy average residential price by year 8¢10¢11¢12¢13¢ 20202021202320242025 2020: 9¢2021: 10¢2023: 12¢2024: 13¢2025: 12¢

Current Octopus Energy plans in Texas

From Power to Choose, 2026-10-21. Service areas: AEP Texas Central, AEP Texas North, CenterPoint Energy Houston Electric, Lubbock Power & Light, Oncor Electric Delivery, Texas-New Mexico Power (TNMP).

PlanAreaTerm500 kWh1,000 kWh2,000 kWhRenewableFacts label
Octo Simple 3AEP Texas Central3 mo9.8¢9.9¢10.0¢100%EFL
Octo Simple 3CenterPoint Energy Houston Electric3 mo10.6¢10.6¢10.6¢100%EFL
Octo Simple 6AEP Texas Central6 mo10.5¢10.7¢10.8¢100%EFL
Octo Simple 6CenterPoint Energy Houston Electric6 mo11.1¢11.1¢11.1¢100%EFL
Octo Simple 8AEP Texas Central8 mo11.2¢11.4¢11.5¢100%EFL
Octo Simple 12AEP Texas Central12 mo11.2¢11.4¢11.5¢100%EFL
Octo Simple 3Oncor Electric Delivery3 mo11.3¢11.4¢11.5¢100%EFL
Octo Simple 8CenterPoint Energy Houston Electric8 mo11.5¢11.6¢11.6¢100%EFL
Octo Simple 6Oncor Electric Delivery6 mo11.5¢11.6¢11.6¢100%EFL
Octo Green 8Oncor Electric Delivery8 mo11.7¢11.8¢11.9¢100%EFL
Octo Simple 12CenterPoint Energy Houston Electric12 mo12.0¢12.0¢12.0¢100%EFL
Octo Simple 12Oncor Electric Delivery12 mo12.1¢12.2¢12.3¢100%EFL
Octo Simple 24AEP Texas Central24 mo13.7¢13.9¢13.9¢100%EFL
Octo Simple 24CenterPoint Energy Houston Electric24 mo14.2¢14.2¢14.2¢100%EFL
Octo Simple 3AEP Texas North3 mo14.3¢14.4¢14.5¢100%EFL
Octo Simple 24Oncor Electric Delivery24 mo14.4¢14.4¢14.5¢100%EFL
Octo Green 8AEP Texas North8 mo14.3¢14.5¢14.6¢100%EFL
Octo Simple 6AEP Texas North6 mo14.7¢14.8¢14.9¢100%EFL
Octo Simple 12AEP Texas North12 mo14.7¢14.9¢15.0¢100%EFL
OctopusFlexTOUAEP Texas Central12 mo14.8¢15.0¢15.0¢100%EFL
Octo Green 8Lubbock Power & Light8 mo15.0¢15.0¢15.0¢100%EFL
Octo Simple 3Lubbock Power & Light3 mo14.5¢15.0¢15.2¢100%EFL
OctopusFlexTOUCenterPoint Energy Houston Electric12 mo15.3¢15.3¢15.3¢100%EFL
Octo Simple 6Lubbock Power & Light6 mo14.9¢15.4¢15.6¢100%EFL
OctopusFlexTOUOncor Electric Delivery12 mo15.3¢15.4¢15.5¢100%EFL
Octo Simple 12Lubbock Power & Light12 mo15.0¢15.5¢15.7¢100%EFL
Octo Simple 24AEP Texas North24 mo15.6¢15.8¢15.9¢100%EFL
Octo Simple 24Lubbock Power & Light24 mo15.8¢16.3¢16.6¢100%EFL
Octo Simple 3Texas-New Mexico Power (TNMP)3 mo17.4¢17.2¢17.1¢100%EFL
Octo Green 8Texas-New Mexico Power (TNMP)8 mo17.5¢17.2¢17.1¢100%EFL
OctopusFlexTOUAEP Texas North12 mo17.5¢17.6¢17.7¢100%EFL
Octo Simple 6Texas-New Mexico Power (TNMP)6 mo17.8¢17.6¢17.5¢100%EFL
Octo Simple 12Texas-New Mexico Power (TNMP)12 mo17.9¢17.7¢17.6¢100%EFL
Octo Simple 24Texas-New Mexico Power (TNMP)24 mo18.8¢18.5¢18.4¢100%EFL
OctopusFlexTOUTexas-New Mexico Power (TNMP)12 mo20.7¢20.4¢20.3¢100%EFL

Price every plan at your usage

Frequently asked questions

How much does Octopus Energy charge for electricity?

Octopus Energy's residential customers paid an average of 12.29¢/kWh all-in in Texas (EIA 2025, adjusted to current state trends). Prices vary by plan, so check the facts label or contract summary for any offer.

Where does Octopus Energy operate?

Octopus Energy reported residential customers in 1 state: Texas.

How many customers does Octopus Energy have?

About 16,026 residential customers in total (2025).

What are Octopus Energy's current Texas plans?

35 plans are listed on Power to Choose today. The cheapest at 1,000 kWh is Octo Simple 3 at 9.9¢/kWh (3-month term, AEP Texas Central area).