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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. It often shows up near the top of PowerToChoose when you sort by price. That low advertised rate depends on a bill credit. If your usage fits the credit, the plan can be cheap. If it does not, you pay far more than the ad suggests. This page shows both outcomes with real numbers.

Advertised · 500 kWh
20¢
True · 500 kWh
20¢
Advertised · 1,000 kWh
7.1¢
True · 1,000 kWh
14.4¢
Advertised · 2,000 kWh
13.1¢
True · 2,000 kWh
13.1¢

Active plan. Pricing checked July 14, 2026.

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The listing

The advertised price

On PowerToChoose, SimpleSaver 12 shows 20 cents at 500 kWh, 7.1 cents at 1,000 kWh, and 13.1 cents at 2,000 kWh. Those are the three checkpoints every plan gets scored on. They are averages at exact usage levels, not a promise about your bill.

20¢at 500 kWh
7.1¢at 1,000 kWh
The checkpoint this plan is built to win
13.1¢at 2,000 kWh
Rate structure

How the price is built

Energy rate13.074¢ per kWh
Base charge$0.00
Oncor deliveryPassed through
Bill credit$125
in any month at or above 1,000 kWh

The key piece is the bill credit. SimpleSaver 12 pays a $125 credit in any month you use 1,000 kWh or more. That credit is what makes the 1,000 kWh checkpoint look cheap. In a month below 1,000 kWh the credit vanishes, and your effective rate jumps.

Worked example

What a month costs: January as an example

The standard 1,000 kWh usage profile puts January at 1,010 kWh. Here is how SimpleSaver 12 prices that month in the Oncor area:

Energy charge$132.05
1,010 kWh × 13.074 cents
Base charge$0.00
Oncor delivery$65.87
$4.06 plus 1,010 kWh × 6.12 cents
Bill credit
1,010 kWh is at or above 1,000 kWh, so subtract $125.00
-$125.00
January total$72.92

That works out to 7.2 cents per kWh for the month. But notice how close the call was. January cleared the credit line by just 10 kWh. If this home had used 990 kWh instead, the credit would vanish. The same month would cost $194.08, which is 19.6 cents per kWh.

January at 1,010 kWh · credit applied
$72.92
7.2¢ per kWh
Same January at 990 kWh · credit lost
$194.08
19.6¢ per kWh
The pricing curve

The cliff

Effective ¢ per kWh · usage 100 to 3,000 kWh
2520151051,0002,0003,000The $125 cliff999: 19.6¢ → 1,000: 7.1¢

Right at 1,000 kWh the cost per kWh drops sharply. One kWh less and the whole $125 credit is gone for that month. Most homes swing hundreds of kWh between seasons, so landing on the right side of that line every month is hard.

True cost

What it costs at real usage

At a 1,000 kWh monthly average with normal seasonal swings, here is the true annual cost by delivery area:

Delivery area
Oncor$1,727
14.4¢ true average · +103% versus advertised
CenterPoint$1,655
13.8¢ true average · +112% versus advertised
AEP Texas Central$1,679
14¢ true average · +109% versus advertised
AEP Texas North$1,739
14.5¢ true average · +101% versus advertised
TNMP$1,895
15.8¢ true average · +86% versus advertised
LP&L$2,291
19.1¢ true average · +62% versus advertised

Your own months decide which side of the credit you land on. A single month under 1,000 kWh costs you the full $125.

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 feenot counted in the fee study$150.00

See how AP Gas & Electric compares to 43 other providers in the full hidden fee study.

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