Today’s cheapest Richardson electricity rates
In the following table, you’ll find the latest electricity rates and plans in Richardson. Rates vary by usage, but the prices listed reflect a monthly energy consumption of 1,000 kilowatt-hours (kWh).
| Plan Name | Plan Length | Rate* |
|---|---|---|
| APG&E - SimpleSaver 12 | 12 months | $0.095/ kWh |
| Express Energy - Flash Value 12 | 12 months | $0.096/ kWh |
| 4Change Energy - Maxx Saver Value 12 | 12 months | $0.096/ kWh |
| Rhythm Energy - Rhythm Saver 12 | 12 months | $0.096/ kWh |
| Gexa Energy - Gexa Eco Saver Plus 12 | 12 months | $0.097/ kWh |
| Frontier Utilities - Frontier Saver Plus 24 | 24 months | $0.097/ kWh |
| Discount Power - Bill Credit Bundle 12 | 12 months | $0.098/ kWh |
| Cirro - Bill Bonus 12 | 12 months | $0.099/ kWh |
| Atlantex Power - Radiance1000 12 | 12 months | $0.125/ kWh |
| Veteran Energy - Valor 12 | 12 months | $0.136/ kWh |
| TXU Energy - Smart Edge 12 | 12 months | $0.139/ kWh |
| Constellation - 12 Month Usage Bill Credit | 12 months | $0.145/ kWh |
| TriEagle Energy - Real Deal 36 | 36 months | $0.155/ kWh |
| Reliant - Reliant Power Savings 12 plan | 12 months | $0.159/ kWh |
| Direct Energy - Live Brighter Lite 12 | 12 months | $0.159/ kWh |
| Green Mountain - Pollution Free Conserve 12 Preferred | 12 months | $0.175/ kWh |
| Payless Power - 6 Month - prepaid | 6 months | $0.192/ kWh |
Please note: All rates above are accurate as of 12/10/2025, 2:57:40 AM CST for ZIP Code 75080. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Average Richardson electric rates
- According to data from Choose Energy’s marketplace, the average residential electricity rate in Richardson is 13.73 cents per kWh. This rate, based on 1,000 kWh of usage, is 11.13% lower than the Texas average and 22.1% lower than the U.S. average.
- Texas’ average residential electric rate is 15.45 cents per kWh, according to the most recent data from the Energy Information Administration (EIA). That’s about 12.3% lower than the national average of 17.62 cents per kWh.
- Electric bills in Richardson cost an average of $157.35 per month.
- Across Texas, the average commercial electricity rate is 9.08 cents per kWh — over 35% lower than the U.S. average of 14.04 cents per kWh.
How to choose your power in Richardson
When you live in a deregulated city like Richardson, you have the power to choose your energy provider rather than buying electricity from your utility company. You can use this to your advantage by shopping around and comparing energy plans to find the best option for your needs. To discover affordable electricity plans in your area, enter your ZIP code on this page.
ChooseEnergy.com is not affiliated with Power to Choose, powertochoose.org, or the PUCT.
Richardson energy companies with the cheapest rates
You can use Choose Energy to find cheap power plans from several Richardson electricity providers, including:
- 4Change Energy: This Dallas-based energy provider offers a wide variety of fixed-rate plans with low rates and even some 100% renewable plans.
- Express Energy: Headquartered in Irving, this light company has a dozen fixed-rate electricity plans available in Richardson.
- Gexa Energy: This Houston-based power company exclusively sells green energy plans, which are powered by renewable sources (like solar and wind).
- TriEagle Energy: This electricity company sells various fixed-rate plans (with term lengths ranging from one to three years) and offers bill credits when you use a certain amount of power.
- TXU Energy: As the biggest electricity provider in Texas, TXU Energy offers something for everyone — including fixed-rate, variable-rate, and renewable energy plans.
Regardless of which energy provider you pick, your electricity will still be delivered to your home by your area’s utility company. In Richardson, the utility is Oncor Electric Delivery. In addition to delivering electricity, Oncor is also responsible for dealing with power outages and maintaining electrical infrastructure within its service area.
Need to report a Richardson, Texas, power outage? Here’s how to contact Oncor:
- Call 1-888-313-4747.
- Text “OUT” to 66267.
- Visit Oncor’s online outage center.
Factors to consider when choosing an electricity plan
As you’re shopping for a new Richardson electric plan, it’s helpful to keep the following things in mind:
- Fixed vs. variable rates: Most plans on our marketplace come with fixed electricity rates, which remain the same for the duration of the contract. However, some plans have variable rates, which fluctuate with the wholesale cost of power, meaning you get cheaper rates during periods of low demand but more expensive ones when prices spike.
- Plan length: Fixed-rate contracts come in several lengths, with most ranging from 12 to 36 months. If you cancel while you’re under contract, your provider will charge an early termination fee (ETF). There are no contracts or ETFs with variable-rate plans.
- Same-day energy deadlines: Need your lights on as soon as possible? Same-day electricity service is available from most Richardson energy companies. However, you’ll generally need to submit a request before a specific cut-off time. To learn more about same-day energy service, call us at the number on this page.
- Renewable energy options: Some Richardson electricity companies — including Gexa Energy and Green Mountain Energy — specialize in renewable energy, making it easy for locals to sign up for a green energy plan. You’ll find these plans by entering your ZIP code on our marketplace and selecting the “green energy” filter.
- Electricity Facts Label (EFL): An EFL contains key information about an energy plan’s rate, contract length, ETF, and more. Be sure to read a plan’s EFL thoroughly before signing up.
- Your usage needs: Electricity plans often have multiple rate tiers — and your exact rate will depend on your monthly usage. For this reason, we recommend going through past utility bills to figure out how much electricity you consume in an average month. Understanding this will help you pick the right plan for your budget and usage habits.
Connect with a business energy agent
Deregulation in Richardson also applies to businesses, so if you own a company in Richardson, you’re able to pick your energy provider, as well. To simplify the process, you can work with Choose Energy to create a customized plan that’s designed just for your business. Get started by calling the phone number on your screen or filling out our business energy form.
How to compare electricity rates with Choose Energy
Electricity rates in Texas are location-dependent, due to varying utility transmission charges throughout the Lone Star State. As a result, your rate in Richardson will likely be different from someone’s in another part of Texas (even if you have the same plan and provider). To find accurate pricing for your area, it’s important to provide your ZIP code before browsing rates.
Thankfully, Choose Energy makes it easy to find the latest rates for your location. Here’s how our marketplace helps you discover today’s best Richardson electricity rates:
- Enter your ZIP code: We’ll use this information to provide a list of current electricity plans and rates for your home. Feel free to filter them by provider, rate, term length, and other criteria.
- Sign up: After you’ve chosen a plan, you can finish signing up through our marketplace. It should only take a few minutes. If you have questions (or prefer to sign up over the phone), call us at the number on this page.
- Enjoy: Your new Richardson electricity company will take care of the rest. You can sit back, relax, and enjoy your new energy plan.
Moving to Richardson?
If you’re heading to Richardson from another part of Texas, you might be able to hang onto your current energy plan. Contact your light company a couple of weeks before moving and ask about transferring service to your new home. Otherwise, you can rely on Choose Energy’s marketplace to explore plans and switch to a new provider.
Frequently asked questions about Richardson energy
Who has the cheapest electricity rates in Richardson?
Frontier Utilities currently has the cheapest electricity rates in Richardson on our marketplace. However, prices change often. Before committing to a new plan, it’s best to check the latest rates by entering your ZIP code on Choose Energy.
What is the best provider in Richardson?
Every electricity company has its pros and cons, so consider your priorities to find the best option for your home. For example, let’s say you want to reduce your carbon footprint. In that case, you might prefer a renewable energy provider like Green Mountain Energy. Alternatively, if you have poor credit or don’t want to pay a deposit on your service, you could go with a company like Payless Power, which sells prepaid, no-deposit plans.
How can I lower my electricity bill?
Reducing your energy usage is one of the main ways to lower your electric bill in Richardson. There are different ways to achieve this, including switching to LED light bulbs, adjusting your thermostat a few degrees, keeping your HVAC system maintained, and running your washing machine with cold water. Aside from that, you can also try shopping around for plans and switching providers if you find a better deal.
When is the best time to shop for a Richardson energy plan?
You’re more likely to find cheap rates if you shop in spring or fall (instead of winter or summer). Since the weather is milder during these seasons, there’s less of a need for constant heating and cooling — which reduces electricity demand and can result in lower rates.