There are several common energy plan types that you should familiarize yourself with to make your shopping experience easier. Here’s an overview of some popular plan types.
Fixed-rate plans
Under a fixed-rate plan, you’ll secure an electricity rate for the duration of your contract (generally 12 months or more). These plans are great if you prefer having a predictable price for your energy each month. However, you’ll have to pay a termination fee if you want to cancel your contract before it expires.
Variable-rate plans
The price of your energy fluctuates in line with the market price if you’re on a variable-rate plan. These plans are beneficial if you don’t want a long-term contract. On the other hand, your bill could increase rapidly when demand spikes, like during the hot summer months.
Prepaid and no-deposit plans
Before signing up for a new plan, your provider will usually run a credit check. If you have a poor credit score or don’t want to pay a deposit, you should look for a provider that offers no-deposit plans (such as prepaid energy plans). Prepaid plans let you pay for energy usage in advance, without any contracts or deposits.
Submit your ZIP code to start searching for the best electricity rates in Frisco with Choose Energy.
Frisco green energy
Frisco is a great place to live if you want to rely on green energy to power your home. Texas is one of the top states in the U.S. for renewable energy generation, leading the country in wind and coming close to the top in solar power production.
All Texas energy plans have a portion of green energy in them, which you can find on the electricity facts label (EFL). While some plans only have a tiny portion, others are 100% green. Frisco electricity providers like Gexa Energy and Green Mountain Energy specialize in green energy and exclusively sell 100% green plans.
Are you looking for a green energy plan in Frisco? You can find affordable green electricity rates on the Choose Energy marketplace by entering your ZIP code and filtering the results for green energy options.
Frisco energy for business
Companies can also secure cheap electricity rates in Frisco. You can start by filling out this business energy form or calling us at the number on the screen to save money and time.
Frisco electric rates in my area
Energy rates can vary depending on where you live. One reason for this is that utilities charge different transmission rates depending on where you live. Use our marketplace to find the most accurate pricing and the best electric company near you. Enter your ZIP code to find out how easy the process is.