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What is The Best Houston Electricity Rate. The average residential electricity rate in Texas is 14. Shop with your usage on ComparePower and save both time and money. Shop with your usage on ComparePower and save both time and money. Got me the cheapest electric. If you have any questions about deposit waivers, you can contact us. You may be eligible to waive the deposit if you meet one of the Texas Public Utility Commission §25. Nice. Deposit Waivers. Call 1-888-782-8477. If you have any questions about deposit waivers, you can contact us. The average residential electricity rate in Texas is 14. If you have any questions about deposit waivers, you can contact us. S. S. The average electricity rate for Houston is 16¢/kWh as of 11-19-2023. This helps Texas energy customers avoid hidden charges and advertising gimmicks by. No more clicking around and calling electricity companies to determine if a deposit will be required. One of our team members will get back to you as. 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