In deregulated markets, you’ll purchase power from an electricity provider. However, the power is transmitted to your home by your utility company. Utilities have strictly defined service areas, so yours will be assigned by your location. Your utility is also the company that you should call to restore power during an outage. In McAllen, the utility is AEP Texas Central.
As we’ve mentioned, you can choose from several McAllen electricity providers for your energy needs. Working alongside utility companies, providers generate power and sell it to you in the form of an electricity plan. In McAllen, some of the top providers include 4Change Energy, Constellation Energy, and Reliant Energy. Right now, Frontier Utilities has the cheapest rates in McAllen, at 7.6 cents per kilowatt-hour (¢/kWh).
Types of electricity plans in McAllen
As you explore the Choose Energy marketplace, you may come across different types of energy plans. Here’s a breakdown of some popular plans.
- Fixed-rate plans. With a fixed-rate plan, you’ll get the stability of a long-term contract (usually one to three years) and a set electricity rate. These plans are advantageous because they protect you from market fluctuations, but keep in mind that they generally include a penalty for canceling your plan early.
- Variable-rate plans. If you choose a variable-rate plan, your rate will change each month depending on the current wholesale price of electricity. As a result, your bill will increase in periods of high demand. However, these plans are month-to-month, so you won’t need to sign a contract or pay an early termination fee.
- Prepaid and no-deposit plans. Without a good credit score, your provider will likely ask you to pay a deposit on your plan. But if you’d rather avoid a deposit (or a credit check altogether), you can opt for a prepaid plan. These no-deposit energy plans allow you to pay for your electricity usage upfront and top up your account throughout the month.
Enter your ZIP code to compare electric rates in McAllen and find the right plan for your home or business.
McAllen green energy
The Lone Star State leads in renewable energy production. In fact, Texas is home to some of the country’s largest wind and solar farms, giving you many options in terms of green energy plans.
In McAllen (and the rest of Texas), all energy plans come with at least a small portion of renewable energy, with several providers offering fully renewable plans. A handful of energy companies exclusively sell 100% green plans, including Gexa Energy and Green Mountain Energy.
With Choose Energy, you can find McAllen green energy plans starting at 7.8¢/kWh. To find them, scroll to the top of this page, enter your ZIP, and filter for “green energy” in the left-side panel.
McAllen energy for business
In addition to residential energy products, Choose Energy also has commercial energy solutions for business owners in deregulated areas. Reach out to our energy experts to discuss your options and start building a customized electricity plan for your business.
McAllen electric rates in my area
Several factors impact your electricity rate, including local taxes and utility transmission charges. As a result, exact rates will vary depending on where you live — which is why you need to incorporate your location into your energy plan shopping.
With Choose Energy, you’ll get accurate electricity plan pricing that’s specific to your location. We work with many providers to offer the best electricity rates in McAllen, so you can avoid the headache of searching Google for ambiguous terms like “best electric company near me” or “electricity rates in my area.”
Moving to McAllen?
Situated in the southern end of the Rio Grande Valley, McAllen is a growing city with a population of just over 142,000. Because of the city’s continued expansion and extreme summer heat, locals need reliable energy options at affordable prices. If you’re relocating here, use Choose Energy to find cheap electricity McAllen for your new home or business. Right now, our site has rates as low as 7.6¢/kWh, which you can explore by entering your ZIP code above.