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AP Gas & Electric · Plan cost analysis

SimpleSaver 12 by AP Gas & Electric

SimpleSaver 12 is a 12-month fixed-rate plan from AP Gas & Electric. Its low advertised rate often puts it near the top of PowerToChoose when plans are sorted by price. But that rate depends on earning a bill credit. Meet the monthly usage requirement, and the plan can be inexpensive. Miss it, and your cost can be much higher than the advertised rate. Here is how the plan works, with the numbers for both outcomes.

Advertised · 500 kWh
19.3¢
True · 500 kWh
19.3¢
Advertised · 1,000 kWh
6.4¢
True · 1,000 kWh
13.7¢
Advertised · 2,000 kWh
12.4¢
True · 2,000 kWh
12.4¢

Active plan. Pricing checked September 28, 2026.

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The listing

What the advertised rates tell you

PowerToChoose lists SimpleSaver 12 at 19.3 cents per kWh for 500 kWh, 6.4 cents for 1,000 kWh, and 12.4 cents for 2,000 kWh. Every plan is compared at these three usage levels. Each figure is an average price at that exact usage, not a promise of what your bill will be.

19.3¢at 500 kWh
6.4¢at 1,000 kWh
The usage level this plan is designed to price lowest
12.4¢at 2,000 kWh
Rate structure

How the bill credits work

Energy rate12.465¢ per kWh
Base charge$0.00
Oncor deliveryPassed through
Bill credit$125
in any month at or above 1,000 kWh

Use at least 1,000 kWh in a month and SimpleSaver 12 applies a $125 bill credit. That credit is what makes the advertised price at 1,000 kWh look low. Use less than 1,000 kWh and you lose the entire credit for that month, so your average cost per kWh rises sharply.

Worked example

A January bill, step by step

Our standard usage profile averages 1,000 kWh a month over the year, with January at 1,010 kWh. Here is the January bill for SimpleSaver 12 in the Oncor area:

Energy charge$125.90
1,010 kWh × 12.465 cents
Base charge$0.00
Oncor delivery$64.96
$4.06 plus 1,010 kWh × 6.03 cents
Bill credit
1,010 kWh is at or above 1,000 kWh, so subtract $125.00
-$125.00
January total$65.85

At 1,010 kWh, the January bill is $65.85, or 6.5 cents per kWh. That usage is just 10 kWh above the credit requirement. At 990 kWh, the $125 credit disappears: the bill rises to $187.16, or 18.9 cents per kWh, even though you used less electricity.

January at 1,010 kWh · credit applied
$65.85
6.5¢ per kWh
Same January at 990 kWh · credit lost
$187.16
18.9¢ per kWh
The pricing curve

Why the price drops at 1,000 kWh

Effective ¢ per kWh · usage 100 to 3,000 kWh
2520151051,0002,0003,000The $125 cliff999: 18.9¢ → 1,000: 6.4¢

At 1,000 kWh, the $125 credit sharply reduces the average cost per kWh. Use just one kWh less and you lose that entire credit for the month. Household usage often changes by hundreds of kWh between seasons, which makes staying above the threshold every month difficult.

True cost

What a year costs in your delivery area

The table below uses a monthly average of 1,000 kWh, with usage rising and falling through the seasons. It shows the estimated annual cost and average price per kWh in each delivery area.

Delivery area
Oncor$1,643
13.7¢ true average · +114% versus advertised
CenterPoint$1,703
14.2¢ true average · +106% versus advertised
AEP Texas Central$1,643
13.7¢ true average · +114% versus advertised
AEP Texas North$1,655
13.8¢ true average · +112% versus advertised
TNMP$1,991
16.6¢ true average · +78% versus advertised
LP&L$1,811
15.1¢ true average · +93% versus advertised

Your usage in each month determines whether you receive the credit. A month below 1,000 kWh means losing the $125 credit.

Fees

AP Gas & Electric contract fees

AP Gas & Electric’s Terms of Service contract lists 7 separate fees.

Billing history request fee$5
Reconnection fee$50
Insufficient funds fee$30
Collection agency feeUp to 33%
Legal action feesVaries
Late payment fee5%
Returned check fee$30
Early cancellation fee$150.00

Compare AP Gas & Electric’s fees with those of 43 other providers in our full hidden fee study.

Plan documents
Cancellation fee $150.00. Renewable content 6%.