Edinburg’s growing population of more than 90,000 residents and hot climate result in the need for affordable and reliable energy plans. Residents of Edinburg live in a deregulated area, meaning that they can choose their energy supplier from a pool of providers.
Edinburg energy prices can change throughout the year. Enter your ZIP code above to see the Edinburg electric companies’ rates and plans currently available in your area.
Please note: All rates above are accurate as of 10/19/2021, 9:32:11 AM CDT for ZIP Code 78542. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
How has deregulation impacted Edinburg?
Here’s what the latest statistics from the U.S. Energy Information Administration show:
Texas deregulated its energy market in 2002, allowing consumers to choose their energy provider from many available options. The hope was that this power to choose would result in competitive pricing between companies and lower energy bills for consumers.
Because of deregulation, Edinburg residents are no longer limited to a single energy provider. Like shopping for a reliable and affordable refrigerator, consumers in Edinburg can choose the best rate and plan from an energy supplier.
Edinburg residents have access to different plans offered by electric companies through the Choose Energy marketplace. Choose Energy also offers informational resources about the energy-shopping process, including the following:
Deregulation has also affected operations for Edinburg utilities. The three main components – transmission, distribution, and sales – used to be facilitated by the same utility service. While the utility company still facilitates energy transmission and distribution, consumers can now choose between numerous energy suppliers in Edinburg. Energy suppliers sell to the consumer and collect payments each month while setting the prices for their services.
Consumers have their choice among many Edinburg energy suppliers. With so many options, it can be difficult to know which service is best for you. Choose Energy’s marketplace includes options from reliable Edinburg energy companies, such as Reliant Energy, TriEagle Energy, and 4Change Energy.
Texas is one of the country’s biggest producers of wind power generation and has reached number five in the category of net generation of renewable energy. Edinburg has made its own efforts to follow in the path of the state, working to generate more renewable energy resources.
Several energy suppliers in Edinburg, such as Gexa Energy and Green Mountain Energy, offer renewable energy plans. With a green energy plan, you can offset some, or all, of your monthly electricity consumption and reduce your environmental footprint.
To find electricity rates near you, enter your ZIP code at the top of the page.
As you’re shopping for the best electric company Edinburg has to offer, remember that companies charge different rates depending on the area. This is because of utility transmission charges, or the cost it takes for the electricity to move from the facility where it is generated to your home. Enter your ZIP code to find accurate electricity rates in your area.
Choose Energy provides energy for Edinburg businesses as well. Call to speak to an energy expert or fill out this form to connect about building a custom energy plan for your business.
Updated: 10/19/2021