Compare electricity rates in Allen

The city of Allen is located in North Texas and carries an urban population of just over 100,000 people. Allen is within the larger Dallas-Fort Worth Metroplex, which has a total of roughly 6.4 million residents. The city has a humid subtropical climate. With a high population, urban lifestyle, and fluctuating weather, there is a significant residential and commercial need for quality energy services.

Energy rates in Allen change constantly. Consumers can expect to pay the least for electricity near the New Year, while they can expect to pay the most during the beginning of spring and end of summer, the city’s warmest months. Check out Allen energy rates  to see what prices and options are currently available.

How has deregulation affected Allen?

Here’s what the latest statistics from the U.S. Energy Information Administration show:

• Texas residential electricity rates are nearly 9.5 percent lower than the national average.
• Texas commercial electricity rates are nearly 26 percent lower than the national average.
• Texas industrial electricity rates are nearly 23 percent lower than the national average.
• Texas generates the most electricity of any state from wind.
• Texas generates the fifth-highest amount of electricity from solar energy.

The Texas Senate deregulated the energy market for the majority of the Lone Star State on the first day of 2002. This legislation, which included Allen, has essentially provided customers with the option to select their own energy provider among a host of companies. The goal of this bill is to provide more reasonable electricity prices to consumers, as suppliers must compete for residents’ business.

Energy deregulation in Allen has created an electricity retail market. Residents can research and compare electricity plans and choose the supplier that offers them the most suitable service. By purchasing the right plan at the right time, residents of Allen can greatly cut down on energy costs. Enter your zip code above to see what is available in your area.

Customers must be clear on the difference between what utility companies and energy providers do. Prior to the 2002 deregulation bill, one wire (utility) company in Allen controlled the whole process, from transmission and distribution of the energy to the sales and billing of energy plans. Now, that wires company does not handle the sales and billing. Multiple energy providers in Allen have taken over responsibility for sales and payment collection. These providers establish plan terms and prices. Since this part of the business is open to competition, residents can choose among many competing suppliers.

Oncor Electric Delivery serves Allen as the main utility company. With over 7.5 million consumers, only five other electric delivery companies serve more residents in the United States than Oncor. While customers don’t have the option to choose among utility companies in Allen, they can choose from a number of suppliers. With so many, it can be hard for consumers to know which Allen energy suppliers to trust. Fortunately, Choose Energy has partnered with preferred providers in the area, including Bounce Energy and TriEagle Energy.  Residents can guarantee that they get the best rate by assessing the market and purchasing the most affordable plan.

Overall, the Lone Star State has been at the forefront of the renewable energy field. In terms of wind power production alone, Texas ranks first.

Allen has also implemented several green initiatives and is improving its sustainability. Organizations like the Allen Garden Club have helped increase environmental awareness and spread the positive impact of gardening. Keep Allen Beautiful, a city board group works on improving the city’s sustainability and preserving the area’s natural beauty. Additionally, residents living in Allen have the option to use green energy in their home. Choose Energy has made finding a trustworthy Allen renewable energy supplier simple. Green Mountain Energy and Amigo Energy are two reliable green suppliers that have partnered with Choose Energy.

(Last updated 8/8/2019)