Compare the Best McKinney Electricity Rates, Plans, and Companies

• The average McKinney electricity rate on our marketplace for 1,000 kilowatt-hours (kWh) is 14.26 cents. This rate is 6.37% lower than the Texas average and 18.37% lower than the national average.
• The average Texas electricity rate is 15.23 cents per kWh, based on the latest Energy Information Administration (EIA) data. This rate is about 12.8% lower than the U.S. average (17.47 cents per kWh).
• The current average monthly electric bill in McKinney is $163.41
• The commercial Texas electricity rate is 8.6 cents per kWh (about 36.9% lower than the national average).

McKinney is one of many deregulated energy markets in Texas. That means residents and business owners enjoy the power to choose their electricity provider. At Choose Energy, we make the energy buying process simple by offering a free-to-use marketplace that allows you to compare McKinney electricity rates and plans at no additional cost. Enter your ZIP code to see the best electricity rates in McKinney today.

Choose Energy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

McKinney energy companies with the cheapest rates

Deregulation allows consumers to compare electricity plans from a number of energy companies in McKinney. You’ll find options from top providers like:

• 4Change Energy: Known for affordable plans and charitable donations
• Cirro Energy: Best for simple and straightforward plans
• Frontier Utilities: One of the cheapest providers on our marketplace
• Gexa Energy: Offers cheap, 100% renewable energy plans
• TXU Energy: Texas’ largest energy provider and known for a wide variety of plans

Regardless of your electricity provider, your power will still be delivered by your local utility, which is assigned by location and cannot be changed. In McKinney, the utility is Oncor Electric Delivery. In the event of a power outage, reach out to Oncor in one of the following ways:

• Call 888-313-4747
• Text OUT to 66267
• Visit Oncor’s online outage center

If you’re in the market for a new energy provider in McKinney, it’s best to brush up on some of the basic features you’ll find on most plans. Here are a few key points to consider:

Fixed vs. variable rates:
In McKinney, a fixed-rate plan keeps your price per kWh the same for the entire contract term, a big plus if you want stability and predictable bills. A variable-rate plan, however, shifts each month with changes in the energy market — meaning your rate can go down when demand is low or rise during high-demand periods.

Plan length:
When choosing an electricity plan in McKinney, be sure to carefully review the contract term. Most fixed-rate plans range from 12 to 36 months. A longer contract can lock in your rate in the long-term, offering price stability, while a shorter contract gives you the flexibility to switch providers sooner if rates drop. Keep in mind, ending a plan early often comes with an early termination fee (ETF) if you’re not moving outside your provider’s service area.

Same-day energy deadlines:
Many electricity providers in McKinney can get your power connected the same day, especially if your home has a smart meter. You’ll usually need to complete your enrollment before the provider’s daily cutoff time. Contact us to learn more about same-day energy options.

Renewable energy options:
Many McKinney providers offer electricity plans backed by renewable energy certificates (RECs), which match your usage with power from wind or solar. These plans let you shrink your carbon footprint, and some energy companies even offer 100% renewable options for customers who want to go fully green.

Electricity Facts Label (EFL):
The EFL spells out key details like your electricity rate, contract length, and any fees that may apply. It also explains how costs could change at different usage levels and shows the percentage of renewable energy included in the plan. Reviewing the EFL carefully helps you avoid surprises and choose the plan that truly matches your needs.

Your usage needs:
Check your past energy bills to see how much electricity you typically use each month. High-usage households may save more with plans offering lower rates at higher consumption levels, while smaller homes often get better rates on low-usage plans. Matching your plan to your habits helps ensure you don’t overpay.

Connect with a business energy agent

Did you know that deregulation also applies to commercial energy rates? If you own a business in McKinney, Choose Energy can help you secure cheap electricity in McKinney. Fill out our business energy form or call the number on your screen to speak with an energy expert.

Electricity rates vary throughout Texas due to different utility transmission rates. Even if you have the same provider as another customer in another city, your rate may differ. To find the most accurate rates for your area, enter your ZIP code in the Choose Energy marketplace, compare plans, and lock in the one that best fits your needs. Here’s how:

1. Enter your ZIP code: We’ll provide you with the electricity plans available from McKinney electricity providers and you can filter your results based on your preferences.
2. Sign up online or call: Once you’ve found a plan, enroll in minutes through our marketplace or by phone.
3. Let your provider handle the rest: Your new energy company will transfer your service with no interruption in power.

Moving to McKinney?

If you’re moving to McKinney or switching providers, you have the right to choose your own electricity company. Reach out to your current provider to discuss transferring your service. If they don’t service your new address, you’ll have to sign up for a new plan. The best way to get started is by entering your ZIP code into the Choose Energy marketplace. From there, you can compare rates, filter by contract length or renewable energy options, and sign up for an electricity plan in McKinney.

What is the best provider in McKinney?

Finding the best energy company in McKinney comes down to what you want from your electricity plan. For example, if you want a green energy plan, you might prefer a provider that offers plans sourced by solar or wind energy. If you’d rather avoid a credit check, you might look into a prepaid or no–deposit plan.

How can I compare McKinney electricity rates?

If you’re new to deregulation, you might think that the best way to compare electricity rates is by searching Google for terms like “best electric company near me” or “electricity rates in my area.” But it’s much more effective to use a comparison marketplace, where you can find accurate rates for your area and sign up all in one place.

What is the average electric bill in McKinney?

The average McKinney electric bill is currently $163.41. If you’re paying more per month, it could be that you have a larger or less efficient home. Check out our guide to lowering your energy bill to find ways to save.

How does weather affect energy usage in McKinney?

Residents and businesses in McKinney typically experience a spike in their electricity usage during hot summer months or cold winter spells. Extreme weather causes energy customers to turn up their HVAC units to stay comfortable, resulting in higher electric bills. Our experts recommend shopping for a new plan during spring and fall, when the weather is milder, to lock in the cheapest rates.