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Find your best electricity rates

Average month: 1,500 kWh/mo
Usage profile:
Estimated:
1,520Jan1,305Feb1,162Mar1,072Apr1,312May1,754Jun2,086Jul2,136Aug1,837Sep1,434Oct1,112Nov1,269Dec
1,365/moWinter1,182/moSpring1,992/moSummer1,461/moFall

About the Octo Simple 18 electricity plan from Octopus

A 18-month fixed plan from Octopus Energy in AEP Texas North’s delivery area.

Octopus Energy

Octo Simple 18

Net kWh rate by usage

13.0¢13.5¢14.0¢14.5¢15.0¢15.5¢5001,0001,5002,0003,0005,00010,000kWh per monthMedian 12+ month plan: 13.1¢15.2¢15.3¢15.4¢
One month’s bill per kWh at each usage, delivery included, with autopay, without one-time fees or one-bill credits. Blue: 500, 1,000 and 2,000 kWh, the levels Facts labels advertise. Green dashed: the median 12+ month plan’s rate. Hover or tap for figures.
As a table
UsagekWhNet rateBill
500 kWh50015.2¢$76
1,000 kWh1,00015.3¢$153
1,500 kWh1,50015.4¢$231
2,000 kWh2,00015.4¢$308
3,000 kWh3,00015.5¢$464
5,000 kWh5,00015.5¢$774
10,000 kWh10,00015.5¢$1,550

At your usage

Net kWh rate
15.4¢
Average bill
$231 per month
Year
$2,771 over the next 12 months
Prices
Checked against the plan’s Electricity Facts Label
Monthly estimates
Nov1,112 kWh$17115.4¢
Dec1,269 kWh$19515.4¢
Jan1,520 kWh$23415.4¢
Feb1,305 kWh$20115.4¢
Mar1,162 kWh$17815.4¢
Apr1,072 kWh$16515.3¢
May1,312 kWh$20215.4¢
Jun1,754 kWh$27015.4¢
Jul2,086 kWh$32215.4¢
Aug2,136 kWh$33015.4¢
Sep1,837 kWh$28315.4¢
Oct1,434 kWh$22115.4¢

Things to know

High cancellation fee
Cancelling before the contract ends costs $200.
Autopay required
A $5 monthly credit for autopay and paperless billing. The prices shown assume you use them; uncheck “I’ll use autopay” to see prices without.

Plan terms

Contract
18 months
Rate type
Fixed
Cancellation fee
$200 — “Cancellation Fee: $200.00”
Renewable
100%
Prepaid
No
Provider
Octopus Energy
Utility
AEP Texas North
Rating
2 of 5 on Power to Choose (1 review)
Special terms
Lock in a fixed electricity rate for 18 months with 100% renewable power. Enjoy stability through the seasons with no hidden fees or surprises on your bill — backed by Octopus Energy’s award-winning customer service.

Pricing

Octopus base charge
$0 per month
Octopus energy charge
9.94¢/kWh
Credits and fees
A $5 monthly credit for autopay and paperless billing
AEP Texas North base charge
$3.24 per month (passed through)
AEP Texas North delivery charge
5.58¢/kWh (passed through)
Power to Choose averages
500 kWh: 15.0¢/kWh
1,000 kWh: 15.2¢/kWh
2,000 kWh: 15.3¢/kWh

History

  1. October 27, 2026
    • Energy charge: 9.7¢/kWh → 9.94¢/kWh
    • Credits and fees: none → A $5 monthly credit for autopay and paperless billing
    • Cancellation fee: $250 → $200
    • Contract: 24 months → 18 months
    • Power to Choose and the Facts label agree again
  2. October 26, 2026
    • Power to Choose averages:
      • 500 kWh: 15.6¢ → 15.0¢ (Facts label still says 15.8¢)
      • 1,000 kWh: 15.8¢ → 15.2¢ (Facts label still says 15.5¢)
      • 2,000 kWh: 15.9¢ → 15.3¢
  3. October 20, 2026
    • Power to Choose averages:
      • 500 kWh: 15.8¢ → 15.6¢ (Facts label still says 15.8¢)
      • 1,000 kWh: 15.5¢ → 15.8¢ (Facts label still says 15.5¢)
      • 2,000 kWh: 15.3¢ → 15.9¢ (Facts label still says 15.3¢)
    • Power to Choose and the Facts label no longer agree
  4. October 13, 2026
    • First seen here (this site began tracking plans then)

More

Octopus Energy’s other plans in AEP Texas North’s area; the lowest-cost plans and every provider there.

Delivery utility

Choose how to provide your usage data for the calculations