Compare electricity rates in McKinney

When you live in a deregulated part of Texas, it’s important to recognize the difference between utility companies and electricity providers. First, your utility is in charge of delivering electricity to your property, overseeing power infrastructure, and dealing with power outages. Utilities are assigned based on where you live, so you can’t pick yours. In McKinney, the utility company is Oncor Electric Delivery.

In contrast, your electricity provider generates power and sells it to you through a plan. Thanks to deregulation, you have a number of McKinney electricity providers to choose from, including companies like 4Change Energy, Cirro Energy, and TXU Energy. Currently on the Choose Energy marketplace, Frontier Utilities is offering the lowest McKinney electricity rates, starting at 5.7 cents per kilowatt-hour (¢/kWh).

Types of electricity plans in McKinney

If you’ve ever shopped for a new energy plan, you may have noticed that there are several different types of plans available. Here’s an overview of common plan types that you might come across.

• Fixed-rate plans. If you sign up for a fixed-rate plan, you’ll get the benefit of having a secure rate for the duration of your contract (generally 12+ months). It’s a great way to guarantee a more predictable energy bill, but you could face an early termination fee (ETF) if you cancel before your contract is up.
• Variable-rate plans. With a variable-rate plan, you won’t need to sign a contract with your provider since you’ll receive month-to-month service. However, this means that your rate isn’t fixed, which could mean that your energy bill fluctuates greatly from month to month during times of high demand.
• Prepaid and no-deposit plans. When you sign up for a new plan, you’ll need to pass a credit check. If you don’t pass a certain credit threshold, your provider might ask you to pay a deposit on your service. Can’t afford a deposit? Look for a no-deposit plan, such as a prepaid electricity plan, which allows you to pay for your energy usage in advance.

Enter your ZIP code above to find cheap plans and compare electric rates in McKinney today.

McKinney green energy

In recent years, Texans have started to embrace green energy as an alternative to traditional energy sources. There are many renewable energy projects operating across the state, which has resulted in Texas becoming the leading producer of wind energy in the US. It’s also among the top five states for solar power generation.

These days, every energy plan bought in Texas will include at least some renewable energy, with many plans containing 100 percent green energy. You can even find providers that exclusively sell green energy plans, such as Green Mountain Energy and Gexa Energy.

Right now, you can find a dozen different McKinney green energy plans on the Choose Energy marketplace. Many of these plans are powered by Texas solar power. Gexa Energy is offering the cheapest green energy rate at 5.8¢/kWh.

McKinney energy for business

Did you know that deregulation also applies to commercial energy rates? If you own a business in McKinney, Choose Energy can help you secure an affordable electricity rate for your company. Learn more by exploring our business energy page.

McKinney electric rates in my area

Texas is home to numerous utility companies, each of which has a defined service area and a different set of transmission charges. As a result, electricity rates across the state vary depending on your location. In other words, the same plan may cost a different amount in Dallas than it does in Houston.

For that reason, you should ensure that you’re viewing electricity rates that are accurate for your area. The best way to do that is with a comparison tool like Choose Energy. Submit your ZIP code at the top of the page to find up-to-date electricity rates near you.

Moving to McKinney?

Home to more than 182,000 people, McKinney is among the largest suburbs in the Dallas-Fort Worth Metroplex. It’s best known for its historic landmarks and outdoor recreation areas, both of which make it a popular destination for locals and visitors.

If you’re new to McKinney, it’s important that you understand your rights and responsibilities as a deregulated energy customer. Since you have the power to choose your provider, you can use the Choose Energy marketplace to find cheap electricity in McKinney and lock in a low electric rate. Currently, our marketplace has McKinney electricity rates as low as 5.7¢/kWh.

What is the best provider in McKinney?

There isn’t a single best provider in McKinney, since it depends on what you want from your electric company. For example, if you want a green energy plan, you might prefer a provider that offers plans sourced by solar or wind energy. You can find more information about McKinney electricity providers (including reviews and available plans) on our providers page.

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 in reality, it’s much easier and more effective to use a comparison marketplace, where you can find accurate rates that are specific to your ZIP code.

What is the average electric bill in Texas?

As of 2021, the average Texas electric bill is just over $135. If you’re paying more, check out the Choose Energy marketplace to find a lower rate.

How can I lower my electricity bill in McKinney?

The quickest way to lower your electric bill is by reducing your household’s energy consumption. Check out our guide to reducing your energy bill. It includes a number of tips for reducing your energy costs, as well as potential reasons why you might be receiving such high bills.