If you’re in a deregulated city like Frisco, it’s critical to understand the difference between utility companies and electricity providers. Your utility company is assigned to you based on your location. In other words, you cannot choose your utility. Its role is to deliver power to your home, keep power lines in working order, and respond to outages. The utility in Frisco, TX, is Oncor Electric Delivery.
In addition to your utility, you’ll also have an electricity company (also known as a retail electric provider or REP). The REP is responsible for generating electricity and selling it to you through an energy plan. There are many Frisco electricity providers to consider, including 4Change Energy, First Choice Power, and TXU Energy. Right now, Express Energy has the cheapest electricity rate in Frisco at 6.8 cents per kilowatt-hour (¢/kWh).
Types of electricity plans in Frisco
Depending on your household energy needs, you might find that one type of plan works better for you than another. Here are three of the most popular plan types to help you decide.
- Fixed-rate plans. Under a fixed-rate plan, you’ll lock in a predetermined electricity rate for the duration of your contract (generally 12+ months). Although this type of plan offers more stability in terms of your energy bills, you will usually face a cancellation fee if you end your plan early.
- Variable-rate plans. With a variable-rate plan, the cost of your electricity will change based on wholesale energy prices. These plans are beneficial if you don’t want a long-term contract, but the fluctuating rate means that you could end up paying unexpectedly high energy bills when demand goes up.
- 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 REP that offers no-deposit plans (such as prepaid energy plans). Prepaid plans let you pay for your energy usage in advance, without any contracts or deposits.
Submit your ZIP code above to start searching for the best electricity rates in Frisco with Choose Energy.
Frisco green energy
If you live in Frisco and you’re interested in green energy, you’re in luck. Texas is one of the top states in the US for renewable energy, leading the country in wind power and solar power production.
When you sign up for an electricity plan in Texas, it will come with a percentage of renewable energy. While some plans only have a tiny portion of renewable power, other plans are 100% green. On top of that, some Frisco electricity providers (like Gexa Energy and Green Mountain Energy) specialize in green energy and exclusively sell green plans.
Are you looking for a renewable energy plan in Frisco? Right now, you can find green electricity rates as low as 6.9¢/kWh on the Choose Energy marketplace.
Frisco energy for business
Deregulated energy isn’t limited to Frisco homeowners and renters. If you own a business in the city, you can explore plans and providers to lock in cheap electricity in Frisco. Head over to our business energy page for more information about affordable commercial electricity rates in your area.
Frisco electric rates in my area
In deregulated states, it’s common for electricity rates to vary from place to place—even if it’s the same plan and provider. That’s due to different utility charges, which can ultimately affect the retail rate that you see. To find the most accurate pricing for your area, you can use a free tool like Choose Energy, which will only display rates in your ZIP code. It’s much simpler than searching Google for something vague like “electricity rates in my area” or “best electric company near me.”
Moving to Frisco?
Located around 30 miles north of Dallas, Frisco is a growing suburb with just over 177,000 people. It’s home to many family-friendly cultural attractions, including the National Videogame Museum and the Sci-Tech Discovery Center.
If you’re new to Frisco, you’ll need to choose an electricity plan that fits your needs. Not sure where to start? Use the Choose Energy marketplace to browse today’s best Frisco electricity rates and providers—all in one place. At the moment, you can find plans starting at 6.8¢/kWh on our site.