Xcel Energy Texas Electric Rates & Plans
Electricity rates, plans, peak hours and solar rules for Southwestern Public Service (Xcel Energy) homes in Texas. Updated November 2026.
What homes pay
- Average home rate
- 14.01¢/kWh
- 1-year change
- +0.7%
- 201910.23¢
- 202314.73¢
- 202413.35¢
- 202513.94¢
- Sep 2025 to Aug 202614.01¢
Source: U.S. Energy Information Administration, Form EIA-861M and Form EIA-861. Average rate: September 2025 to August 2026. 1-year change: January to August 2026 compared with January to August 2025.
Plans and peak hours
| Plan | Peak hours | Fixed monthly charge |
|---|---|---|
| Standard | None. Same price all day | $12.45 |
| Time of use rider | 1 to 7 pm weekdays, June to September | $12.45 |
Source: Xcel Energy Texas rates, as of February 1, 2024.
Solar and battery rules
- Power you send back
- Credited each month at SPS's fuel and purchased power cost for that month.
- Solar fees
- $20.00 a month for home systems up to 100 kW.
Source: Xcel Energy SPS Texas tariff.
Energy, on a better plan
Solar and battery storage for one monthly payment, at a lower rate than your utility. $0 to low upfront. We own the equipment and look after it.
