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%
    1. 201910.23¢
    2. 202314.73¢
    3. 202413.35¢
    4. 202513.94¢
    5. 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

    PlanPeak hoursFixed monthly charge
    StandardNone. Same price all day$12.45
    Time of use rider1 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.