Compare electricity rates in McAllen

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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 one 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. McAllen residents can compare prices and plans from a number of different energy provider until they find the one that’s best for them. Choose Energy’s 24/7 marketplace has up-to-date rates from McAllen’s top providers. Enter your ZIP code above to get started.

McAllen electricity rates

Plan Name Plan Length Rate
Frontier Utilities - Best Value 12 12 months $0.062 / kWh
Gexa Energy - Gexa Saver Deluxe 12 12 months $0.062 / kWh
Pulse Power - Texas Saver 12 12 months $0.063 / kWh
Just Energy - Power Plus 12 12 months $0.064 / kWh
Express Energy - Flash 12 - with Auto Pay 12 months $0.065 / kWh
4Change Energy - Maxx Saver 12 12 months $0.069 / kWh
Constellation - 10 Month Usage Bill Credit 10 months $0.079 / kWh
Cirro - Smart Value 12 Online 12 months $0.092 / kWh
Discount Power - Value Plus 12 12 months $0.108 / kWh
TXU Energy - Smart Edge 12 12 months $0.109 / kWh
Green Mountain - Pollution Free e-Plus 36 Preferred 36 months $0.112 / kWh
TriEagle Energy - Golden Eagle 36 months $0.114 / kWh
First Choice Power - You Got This 36 36 months $0.115 / kWh
Direct Energy - Live Brighter 36 36 months $0.117 / kWh
Reliant - Secure Advantage 18 18 months $0.118 / kWh
Iberdrola Texas - Wind By TX 36 36 months $0.119 / kWh
Chariot Energy - Green Saver 36 36 months $0.134 / kWh
Payless Power - SmarTricity Premier 12 - Prepaid Plan 1 month $0.148 / kWh

Please note: All rates above are accurate as of 10/20/2020, 8:55:29 AM CDT for ZIP Code 78501. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

McAllen energy deregulation

How has deregulation affected McAllen?

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.

Texas’s energy market became 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 now 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 free weekends and more. 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 specific energy plans from energy providers who coordinate with the utility to supply the 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. Choose Energy has partnered with some of the best, 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, currently ranking fifth.

Because of this, Texas residents have more opportunities than ever to source their homes’ power renewably. This goes for McAllen too, where Choose Energy has partnered with green energy suppliers Amigo Energy and Green Mountain Energy to offer residents the option to save the environment and money at the same time.

(Last updated 8/13/2019)