Waco sits on Interstate 35 between Dallas and Austin, with a commercial base built on Baylor University, two major medical centers, food processing, aerospace, and regional distribution — and the price your business pays for power is negotiable. In the Oncor delivery territory, every commercial account in the ERCOT deregulated market can choose its own electricity supplier, so electricity rates in Waco depend on which provider you choose and when you sign. Elite Energy Consultants shops your usage across 25+ licensed Texas retail electric providers (REPs) and builds a commercial electricity plan around your load, your budget, and your growth — at no cost to you.
Upload your billSearch for electric companies in Waco and two kinds of company come back. Oncor is the utility: it owns the poles, wires and meters, answers outage calls, and bills a regulated delivery charge that every business in its territory pays. You can't shop that part. The retail electric provider (REP) sells you the electricity itself, and that is the company you choose.
Many REPs certified by the Public Utility Commission of Texas serve the Oncor territory, and they price the same power differently: fixed or index, contract length, and how your usage pattern is priced. Commercial offers aren't posted like home plans, because each REP prices a business account to its own usage. Elite Energy Consultants gets offers from 25+ of them for your Waco business and lays them out side by side.
What businesses in Waco (McLennan County) are paying on the Oncor grid, and the local load mix that shapes those bills — as of July 2026.
Bill and delivery figures are indicative for the Oncor territory as of July 2026, not a quote. Commercial electricity is priced to your actual load — upload a bill for your exact Waco rate.
Waco’s largest employers are Baylor University and two medical centers, followed by food processing and manufacturing — Sanderson Farms, Mars Wrigley, Cargill, and Pilgrim’s — plus L3Harris aircraft work and a string of regional distribution centers. That mix gives Waco two very different load shapes. Processing plants and warehouses tend to carry steady, high-load-factor demand that can suit index or hybrid pricing, while campus, hospital, and office load usually leans toward a fixed rate timed to the renewal.
Major McLennan County employers we shop the market for: Baylor University, Ascension Providence, Baylor Scott & White Hillcrest Hospital, Sanderson Farms, Mars Wrigley, L3Harris — plus the higher education, healthcare, food processing, aerospace and manufacturing, and regional distribution that define the local commercial base.
Waco businesses on the Oncor grid can choose between three commercial electricity rate structures. The right one depends on your load profile, your appetite for contract length, and how much exposure you want to ERCOT’s wholesale price swings — which spike hardest on hot Texas summer afternoons. We model all three against your actual usage before you sign.
Your rate tracks the wholesale ERCOT market, so the bill falls when power is cheap and rises when prices spike — often the lowest long-run average cost for buyers who can ride out the swings. We pair every index contract with usage analysis and price-trigger guidance.
Your price per kWh is locked for the full 12-, 24-, or 36-month term regardless of ERCOT, weather, or gas markets — the simplest, most predictable path for most Texas businesses, at a small premium for that certainty. We negotiate term length, clauses, and renewal timing so you lock in at the right moment.
Lock a portion of your load at a fixed rate and float the rest against the wholesale market — a 50/50, 70/30, or custom split that protects your baseline while capturing upside, often with the option to convert to fixed mid-term. We model your load curve, recommend the split, and manage it as conditions change.
A three-step commercial electricity procurement process designed to take energy off your plate — so you can focus on running your Waco business.
Upload your electricity bill so we can see your usage history.
We run your usage against 25+ Texas REPs serving the Oncor market in Waco and Central Texas and present the best fixed, indexed, and hybrid options for your business.
Pick your plan, sign electronically, and we handle the switch end-to-end. Zero service interruption, ongoing support.
From Baylor University and the Ascension Providence and Baylor Scott & White Hillcrest medical centers to the Sanderson Farms, Cargill, and Pilgrim’s processing plants, the Mars Wrigley and L3Harris operations, and the distribution centers and warehouses along the I-35 corridor — we run commercial electricity procurement for the Waco businesses that depend on uptime and predictable costs.
Buying commercial power direct from a single REP means taking that provider’s price on faith. Working with a broker means putting 25+ suppliers in competition for your account. Elite Energy Consultants runs commercial electricity procurement across the Oncor territory — Waco and Central Texas, on the same Oncor grid that serves our Fort Worth market — and we’ve spent 16+ years in the Texas commercial electricity market.
We’ve served 1,600+ Texas businesses, manage 955M+ kWh of load annually across our client portfolio, and save clients an average of 18% a year versus their prior rate. You pay us nothing: REPs build a small, fully disclosed broker fee into the rate, so our shopping, contract analysis, and ongoing account management cost you zero. See how energy brokers get paid.
If you’ve searched for an energy broker near me, a commercial electricity broker near me, or business electricity rates near me, you’ve found a Texas broker that knows your market. Elite Energy Consultants is headquartered in Houston and serves commercial accounts across the Oncor territory in Waco and McLennan County — the same Oncor grid that serves our Fort Worth market. We’re not a local Waco storefront; what we bring is the ability to put 25+ Texas REPs in competition for your account.
Most of what comes up when you search for a power company in Waco is written for households. Commercial accounts work differently: each REP prices a business to its own usage, peak demand, and operating hours, so the plan that suits a processing plant is rarely the one that suits a downtown office or a retail storefront. Wherever your meters are in the Waco area, we can shop the market for you.
If your Waco facility burns natural gas — a food-processing plant, hospital, restaurant, or campus building — Atmos Energy is the local gas utility (Mid-Tex division) that delivers and bills the regulated delivery charge to your meter. You don’t switch the pipe; Atmos always moves the gas and maintains the lines.
For mid-size and larger commercial and industrial accounts, the gas supply itself can be sourced competitively through Atmos Energy’s transportation rate schedule, which applies across the Mid-Tex division, Waco included — on a fixed price or indexed to a Texas market hub. Elite arranges and manages that supply alongside your electricity, so a single team handles both. Learn more about commercial natural gas in Texas and current commercial natural gas rates.
Answers to the questions Waco businesses ask most about commercial electricity rates, the Oncor territory, and switching suppliers.
Two companies share the job. Oncor Electric Delivery is the Transmission & Distribution Utility (TDU) for Waco — it owns the poles, wires, and meters and handles outage response. Oncor is the largest delivery utility in Texas, serving more than 4 million homes and businesses. The company that sells you the power and sets your rate is your retail electric provider (REP), and in the ERCOT deregulated market a Waco business picks its own. You can’t choose your TDU, but Oncor doesn’t set your rate or manage your contract — your REP does. See how the REP and the utility split the job.
Any retail electric provider that serves the Oncor territory can serve a Waco business, which is why there’s no single electric company to call. Commercial offers aren’t posted the way home plans are — each REP prices a business account to its own usage — so Elite Energy Consultants requests offers from 25+ licensed Texas REPs for your account and lays them out side by side.
Yes, if your meter is on the Oncor grid. Waco is in the ERCOT deregulated market, and Power to Choose, the state’s official electricity shopping site, lists Oncor as the delivery utility for Waco ZIP codes. We confirm your meter by its ESI ID before we quote, so you know the account can switch. For the statewide picture, see our Texas commercial electricity guide.
There’s no single published commercial rate the way there is for residential plans. Commercial electricity in Waco is priced to your specific load — your kWh usage, peak demand in kW, load factor, operating hours, contract length, and the Oncor delivery charges that pass through your bill. A poultry-processing plant and a downtown office get very different rates, and energy prices move with the ERCOT wholesale market, so when you sign matters too. The only way to know your number is to have us run your actual usage across 25+ REPs, which is exactly what a quote does.
No single company does. The best energy rate in Waco for one business is rarely the best for another, because each REP prices a commercial account to its own usage and demand, and offers change with the wholesale market. An advertised residential rate doesn’t tell you what your business will pay. The way to find the lowest rate for your account is to put the same usage in front of many REPs at once and compare the offers line by line — the comparison Elite runs for you at no cost.
Yes. Switching only changes the retail provider you buy power from — Oncor keeps physically delivering your electricity the entire time, so there’s no outage and no on-site work. If you’re under contract, Texas suppliers offer future-dated agreements that start the day after your current term ends, with no early-termination penalty.
Texas summers — roughly June through September — drive heavy air-conditioning load, and that’s when ERCOT prices spike and demand charges climb. For larger commercial accounts, a handful of summer peak intervals (ERCOT’s "4CP") can also set your transmission cost allocation for the entire following year. For a Waco processing plant, warehouse, or hospital, managing when and how hard you draw power in those windows is one of the biggest levers on the bill, which is why we factor seasonality into every plan we build.
Yes, for qualifying commercial and industrial volumes. Atmos Energy delivers the gas to your meter in Waco, and Elite can source your supply competitively through Atmos’s transportation rate schedule — fixed or indexed to a Texas market hub. See our commercial natural gas page for details.
Deep guides covering every part of Texas commercial energy procurement — from market mechanics to contract terms.
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