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Compare electricity rates in McAllen

For business

McAllen energy rates

On the southern tip of Texas about an hour and a half from the coast, McAllen, Texas, is a city of 143,000 with a long history in the energy industry. In the 1970s, its high school was the first in the country to run on its own natural-gas powered turbines.

In the heart of the Rio Grande Valley, McAllen is one of the Texas cities that benefits from energy choice, meaning the city’s energy industry is no longer a monopoly. Residents searching for McAllen utilities can compare prices and plans from a number of different energy providers until they find the one that’s best for them. Choose Energy’s 24/7 marketplace has current rates from McAllen electric companies, so you can find the best electricity rates available in your area. Enter your ZIP code above to get started.

McAllen energy deregulation

How has deregulation affected McAllen?

Here are the latest statistics from the U.S. Energy Information Administration show:

  • Texas residential electricity rates are nearly 11.4 percent lower than the national average.
  • Texas commercial electricity rates are nearly 28.33 percent lower than the national average.
  • Texas industrial electricity rates are nearly 26 percent lower than the national average.
  • Texas generates the most electricity of any state from wind energy.
  • Texas generates the fifth-highest amount of electricity from solar energy.

Texas’s energy market was deregulated in 2002, when the state legislature voted to break up the monopoly utilities had previously had for a majority of the state. In the past, residents were given only one option for their energy supply: the utility company. This meant the utility could set prices and plans as they desired.

Now, McAllen residents can shop around for a plan that fits their needs with the provider of their choice. The energy market is a competitive place with a variety of options to choose from and constantly changing prices.

To help consumers through this process, Choose Energy’s marketplace shows current rates from top providers with options from green energy to prepaid plans and more. Resources also include:

  • No deposit electricity plans: Avoid putting down a deposit if you have bad credit. Many providers on Choose Energy’s marketplace offer plans that don’t require customers with less than ideal credit to put money down.
  • How to move your electric service: Relocating to a new address? Choose Energy can help you navigate the process of avoiding early termination fees, determining electricity usage, and securing rates.
  • Switch to a different provider: Switching your McAllen energy provider doesn’t have to be a challenging process. Avoid the hassle by reading our step-by-step guide on how to switch to a different provider.

Enter your ZIP code above to see today’s prices in your area of McAllen.

McAllen utility companies & energy providers

Because deregulation made the energy market competitive, utility companies now operate a little differently. Where utilities once controlled the entire energy process, now they just deliver the electricity and maintain the power lines. Meanwhile, customers purchase electricity plans from individual energy providers who coordinate with the utility to supply power to homes.

In McAllen, AEP Texas Central is the utility company responsible for transmission and infrastructure. If you have an issue with your electricity or experience a power outage, this is who you call. As for energy providers, there are dozens to choose from. The Choose Energy marketplace includes rates and plans from trusted providers, including TriEagle Energy, Cirro Energy, and Just Energy, to make sure our customers get reliable service.

McAllen renewable energy

The country relies on Texas for much of its renewable energy generation. Home to three of the biggest wind farms in the world, the Lone Star State leads the nation in wind power capacity. It’s also rapidly gaining in the solar energy space.

Because of this, Texas residents have more opportunities than ever to power their home with renewable energy. This goes for McAllen, too. Choose Energy works with green energy suppliers, including Gexa Energy and Green Mountain Energy, to offer residents the option to reduce their environmental footprint without sacrificing service.

McAllen electric rates in my area

Energy rates differ depending on your area. This is why one household’s electric bills can look different from another household, even if both are under the same plan. This is mainly a result of different utility transmission charges which is the cost of moving electricity from the facility where it is generated to your home.

Looking for the best electric company in McAllen, TX? Enter your ZIP code above to compare energy plans, providers, and rates available to you in your area.

McAllen energy for business

Choose Energy provides energy for business 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.