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Budget Power
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Direct Energy

Budget Power vs Direct Energy: Texas Electricity Head-to-Head

Budget Power offers 25 plans starting at 11.0c/kWh while Direct Energy has 33 plans from 14.8c/kWh across all 6 Texas TDU service areas. Here is how their rates, terms, renewable options, and fees compare.

Budget Power
Direct Energy
25
Total Plans
33
11.0c
Lowest Rate
at 1,000 kWh
14.8c
12.3c
Average Rate
at 1,000 kWh
17.2c
2.5c
Rate Spread
max minus min
5.8c
10-36 mo
Term Range
12-36 mo
3 (12%)
100% Renewable
plan count
0 (0%)
0
Time-of-Use Plans
0
0
Prepaid Plans
0
$100 - $250
Cancellation Fee
$150 - $395 (mixed fee types)
5 of 6
Service Areas
of 6 TDUs
6 of 6

Rate Curve Comparison

Budget Power Direct EnergyBest available rate at each usage level
10c12c14c16c500 kWh1,000 kWh2,000 kWhMonthly Usage11.3c11.0c10.8c13.1c14.8c14.4c
Rate Curve Winner: Budget Power

Lowest average rate across all usage levels (11.0c/kWh vs 14.1c/kWh). Consistent pricing regardless of how much electricity you use.

Shows the best available all-in rate from each provider at 500, 1,000, and 2,000 kWh usage levels. The best plan may differ at each tier.

Best Plan Per Term Length

TermBudget Power Best PlanRateFeeDirect Energy Best PlanRateFeeWinner
12 MonthNo Gimmicks 10EFL11.0c$100 flatAutopay Texas 12EFL14.8c$150 flatBudget Power
24 MonthNo Gimmicks 18EFL11.6c$125 flatAutopay Texas 24EFL15.3c$295 flatBudget Power
36 MonthNo Gimmicks 36EFL12.0c$250 flatAutopay Texas 36EFL15.5c$395 flatBudget Power

Plan Type Breakdown

Budget Power

Fixed Rate25 plans (11.0c - 13.5c)
Variable Rate0 plans
Time-of-Use0 plans
Prepaid0 plans
100% Renewable3 plans (avg 12.7c)

Direct Energy

Fixed Rate33 plans (14.8c - 20.6c)
Variable Rate0 plans
Time-of-Use0 plans
Prepaid0 plans
100% Renewable0 plans

Cancellation Fee Comparison

Budget Power

Flat Fee Plans25 plans
Per-Month-Remaining Plans0 plans
Average Fee$161
No-Fee Plans0 plans (0%)
Fee Range$100 - $250

Direct Energy

Flat Fee Plans33 plans
Per-Month-Remaining Plans0 plans
Average Fee$231.06
No-Fee Plans0 plans (0%)
Fee Range$150 - $395 (mixed fee types)

Renewable Energy Deep Dive

Budget Power

100% Renewable Plans3 plans (12%)
Partial / Non-Renewable22 plans
Avg Renewable Rate12.7c
Avg Overall Rate12.3c
Green Premium+0.4c

Direct Energy

100% Renewable Plans0 plans (0%)
Partial / Non-Renewable33 plans
Avg Renewable RateN/A
Avg Overall Rate17.2c
Green PremiumN/A

Full Plan Tables

Which Provider Fits You Better?

Looking for the Lowest Rate?

Better fit: Budget Power

Budget Power has the lower advertised rate at 11.0c/kWh (1,000 kWh usage), compared to 14.8c/kWh.

Want a Long-Term Price Lock?

Better fit: Budget Power

Budget Power has the better option for locking in a rate on a 24-month or longer contract.

Going Green?

Better fit: Budget Power

Budget Power offers more 100% renewable plans (3 vs 0).

These rates are based on 1,000 kWh average usage. Your actual savings depend on YOUR usage pattern.

WattTrim analyzes your real Smart Meter data to find the plan that saves you the most - across all providers, not just these two.

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Frequently Asked Questions

Is Budget Power cheaper than Direct Energy?

Based on current plan data, Budget Power has the lower advertised rate, offering plans starting at 11.0c/kWh compared to 14.8c/kWh from the other provider at 1,000 kWh of usage. Your actual cost depends on your usage pattern and the specific plan you choose.

Does Budget Power offer renewable energy plans compared to Direct Energy?

Budget Power offers 3 plans (12% of its lineup) at 100% renewable energy, while Direct Energy offers 0 plans (0% of its lineup).

What are the cancellation fees for Budget Power vs Direct Energy?

Budget Power charges $100 - $250 on its tracked plans, while Direct Energy charges $150 - $395 (mixed fee types) on its tracked plans. Always review the Electricity Facts Label (EFL) for the exact fee structure before enrolling.

Which provider has more plan options in Texas, Budget Power or Direct Energy?

Direct Energy currently offers more plan options across the Texas TDU areas we track, with 33 plans compared to 25.

Can I switch from Budget Power to Direct Energy?

Yes. Texas is a deregulated electricity market, so you can switch retail electric providers at any time. If you are still under contract with your current provider, check for an early termination fee before switching. New service with either provider typically starts within 1 to 5 business days of enrollment.