Compare the Best Plano Electricity Rates, Plans, and Companies

• The average Plano electricity rate on our marketplace for 1,000 kilowatt-hours (kWh) is 14.37 cents. This rate is 7.23% lower than the Texas average and 17.74% lower than the national average.
• The average residential electricity rate in Texas is 15.49 cents per kWh, according to the newest data from the Energy Information Administration (EIA). That’s about 11.3% less than the national average of 17.47 cents per kWh.
• The average electricity bill in Plano is $164.68 per month.
• According to EIA data, the average commercial electricity rate in the Lone Star State is 8.9 cents per kWh — about 31.3% lower than the national average rate.

Plano is one of many Texas cities with a deregulated energy market. If you live here, you have the option to choose your electricity plan and provider. To explore available plans from Plano electric companies, enter your ZIP code on this page.

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

Thanks to deregulation, you can browse electricity rates from many different electricity companies in Plano offering a variety of plans. Here are today’s most affordable Plano electricity providers on our marketplace:

• Frontier Utilities: Offers various cheap, fixed-rate plans with bill credit incentives.
• Gexa Energy: Known for its 100% renewable plans and affordable rates.
• Discount Power: Offers affordable electricity rates and plans with competitive bill credits.
• Cirro Energy: Provides a variety of cheap fixed-rate plans with bill credits for various usage levels.
• 4Change Energy: Known for its cheap Plano electricity rates and charitable donations.

While you can choose your electricity provider from an array of options, your electricity will be delivered to your home by the local utility company. Unlike power companies, utilities are designated by location and cannot be changed. In Plano, your utility is Oncor Electric Delivery.

If you lose power, be sure to contact your utility, not your Plano electric provider. Contact Oncor in any of the following ways:

• Call 888-313-4747.
• Text OUT to 66267.
• Report your issue online.

When exploring Plano electricity plans, you might encounter unfamiliar deregulated energy terms. To help you shop with confidence, we’ve defined the most important concepts. For more information about any topic, you can call our energy experts at the number on your screen.

• Fixed vs. variable rates: If you sign up for a plan with a fixed rate, your electricity rate will remain consistent for your entire contract period. On the other hand, a variable-rate plan’s price is tied to the electricity market and can fluctuate from month to month.
• Plan length: Fixed-rate plans come in multiple term lengths. Some of the most popular include 12, 24, and 36 months. If you cancel one of these plans while the contract is still active, you’ll likely need to pay an early termination fee (ETF). Variable-rate plans don’t have contracts — you can switch providers or plans at any time with no penalty.
• Same-day energy deadlines: If you need power quickly and have a smart meter, many energy companies in Plano offer same-day service connections. Typically, you’ll need to contact the provider by a certain time to activate your plan on the same day. Call the number on your screen to learn more about same-day electricity.
• Renewable energy options: Texas is the country’s top producer of wind power and a leading producer of solar power. As a result, you can find many green electricity plans available, and all plans contain at least some portion of renewable energy.
• Electricity Facts Label (EFL): Every Texas electricity plan comes with an EFL. This document highlights the most important plan details, including the rate, term length, early termination fees, green energy content, and miscellaneous costs.
• Your usage needs: Many energy plans are divided into usage tiers, with a different rate for each tier. In other words, if you use 500–999 kWh, you’ll pay a set rate, but if you use 1,000–1,999 kWh, you might pay a different price. It’s helpful to know your typical monthly energy usage before buying a new plan.

Connect with a business energy agent

Business owners can also shop for cheap electricity in Plano, and Choose Energy can help. Share your information through our business energy form to start building a customized plan for your company. Our business electricity experts can help you find the best fit and provide ongoing assistance for your business energy needs.

Electricity prices vary across Texas, primarily due to differing utility transmission charges and taxes throughout the state. To find accurate rates for your area, it’s important to use your ZIP code when shopping for plans. Here’s how to shop correctly on the Choose Energy marketplace:

• Enter your ZIP code: Our marketplace will display a list of up-to-date Plano electricity rates. You can filter the results to discover plans that meet your preferences.
• Sign up for a plan: Once you’ve found a good match from your preferred Plano electric company, you can complete the sign-up process online in just a few minutes. Need help? Call the number on this page to chat with one of our energy experts.
• Rest easy: After you sign up, your new electricity company will take over the process. You’re free to sit back and enjoy your new plan (with no interruption in service) as your provider coordinates power delivery with your local Plano utility.

If you’re relocating to Plano, it’s a good idea to set up your new energy plan before your move-in date. Start by contacting your current provider to find out if they serve your new address in Plano. If not, enter your ZIP code on Choose Energy to compare rates from a range of electricity companies in Plano.

Who has the cheapest electricity rates in Plano?

The cheapest rates on our marketplace are currently available from Gexa Energy, APG&E, and 4Change Energy. Prices fluctuate often, so check our marketplace regularly to compare the latest rates in your area.

What is the best provider in Plano?

The best provider in Plano (or any city) depends on your circumstances. If you’re committed to going green, your ideal provider would be a fully green company like Gexa Energy. But if you’re trying to avoid a credit check, you’d be better off with a provider like Payless Power, which sells no-deposit, prepaid energy plans.

When is the best time to shop for a Plano energy plan?

If you want the cheapest Plano electricity rates, our experts recommend shopping when demand is low (because that’s also when prices tend to drop). In Texas, energy demand peaks during summer when people rely heavily on their HVAC systems. It’s best to shop during spring or autumn to lock in the cheapest rates.

How can I lower my electricity bill?

Choose Energy’s guide to reducing your electricity bill includes tips and tricks for cutting your energy costs. These strategies include maintaining your HVAC system, using smart power strips with timers, and switching to LED lightbulbs. In addition to adopting those energy-saving habits, you could also try signing up for a cheaper electricity rate on our marketplace.