Compare Richardson Electric Companies, Plans, and Rates

In a traditional energy market, utility companies sell electricity directly to consumers. But in deregulated areas like Richardson, residents and business owners have the power to choose their own electricity providers. These power companies in Richardson compete to earn your business, which can result in cheaper rates and a wider selection of plans to consider.

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Utility companies and energy providers provide different services to electricity customers in deregulated areas. In cities like Richardson, you’re able to pick your own energy provider. These companies sell electricity plans, monitor your usage, and handle all billing-related matters. There are many reliable Texas electricity providers in Richardson, including 4Change Energy, Express Energy, TriEagle Energy, and TXU Energy.

Utilities, on the other hand, distribute power, maintain electrical lines, and deal with power outages. You don’t have a choice in utility companies because they’re determined by your location. In Richardson, the utility is Oncor Electric Delivery. If you’ve lost power in Richardson, you’ll need to contact Oncor Electric Delivery, not your electricity provider. Here’s how:

• Call 1-888-313-4747
• Text OUT to 66267
• Visit the online outage center

When shopping for a Richardson energy plan on Choose Energy, you’ll come across a few different electricity plan types. It’s important to know the difference before committing to a plan for your home or business. You can also learn more about each option from our energy buying guide.

• Fixed-rate plans: These plans provide a secure and predictable electricity rate for the entirety of your contract, which will usually last between 12 and 36 months. However, you’ll generally have to pay an early termination fee (ETF) if you switch electricity providers or plans while you’re still under contract.
• Variable-rate plans: With a variable-rate plan, your rate can fluctuate, depending on the wholesale cost of electricity each month. When market prices dip, you’ll get a lower rate, and when they rise, so will your rates. On the plus side, you have the flexibility to cancel or change providers whenever you’d like without paying a penalty.
• Prepaid and no-deposit plans: Many energy companies in Richardson will run a credit check before beginning service, and you may be charged an initial deposit if you don’t meet their threshold. However, you can avoid this by choosing a no-deposit plan, such as a prepaid plan. This type of plan has you pay for your energy usage in advance and top up your account as needed.

Richardson green energy

Texas is one of the top producers of renewable energy in the U.S. In fact, the Lone Star State ranks first for wind energy and second for solar energy. As a Richardson resident, you can choose from a number of green energy plans to power your home or business.

Every electricity plan in Texas contains some renewable energy, with some plans being fully green. A handful of Richardson electricity providers — including companies like Gexa Energy and Green Mountain Energy — exclusively offer 100% green plans. To find the exact percentage of renewable power in a plan, check its Electricity Facts Label (EFL).

If you’re ready to explore renewable energy plans in Richardson, enter your ZIP code on this page and filter the results for green energy.

Richardson energy for business

Thanks to deregulation, business owners also have the power to choose their Richardson electric companies. If you own a company, you can work with Choose Energy to receive a tailored commercial electricity plan that’s designed specifically for your business. To get started, call the phone number on your screen or visit our commercial energy hub today.

Due to different utility transmission charges throughout the state, Texas electricity prices vary from place to place. As a result, your rate in Richardson could be lower or higher than someone else’s in another city, even if you share the same plan and provider. So, it’s important to search for plans specific to your location before purchasing a plan.

Choose Energy simplifies the energy shopping process. Here’s how to use our marketplace to find today’s best electricity rates in Richardson:

• Submit your ZIP code: We’ll use this information to present the latest rates near you. Use the sort and filter functions to narrow down the results by provider, price, and more.
• Sign up quickly: After you’ve picked a plan, you can sign up through our online marketplace in just a few minutes. Alternatively, you can give us a call at the number on your screen.
• Let your provider handle the setup: Your new power company will handle the service transfer and setup so you can sit back and enjoy your plan.

Choose Energy makes it easy to compare electric rates in Richardson and sign up for a new plan. Whether you’re new to the area or a long-time resident, you can use our marketplace to find the right energy plan for your needs.

Moving to a new address

If you’re moving to Richardson from another part of Texas, you may be able to keep your current energy plan. To find out, contact your provider about transferring your service. If your provider doesn’t service your new location, simply enter your new ZIP code on this page to view the latest electricity plans in Richardson.

Switching energy providers

Choose Energy can also help if you already live in Richardson but want to lock in a cheaper rate or switch providers. To see what’s available, submit your ZIP code on our marketplace. But keep in mind that your provider will likely charge an ETF if you’re on a fixed-rate plan and cancel it before the contract expires.

If you’re looking to reduce your energy consumption — and therefore your energy bill – there are several steps you can take. These include things like lowering your AC temperature by a few degrees, using cold water in your laundry cycle, doing regular maintenance on your HVAC system, and switching from incandescent light bulbs to LEDs.

Another way to help reduce your energy bill would be to switch energy plans to one with a cheaper rate. Choose Energy can help you with that process by showing you the available rates in your area using your ZIP code. One thing you can look out for is a plan that gives you bill credits for using a certain amount of energy per month. Keep in mind, however, that you must meet that threshold — often 1,000 or 2,000 kilowatt-hours per month (kWh) — to receive the bill credit.

Who has the cheapest Richardson electricity rates?

Currently, 4Change Energy and Express Energy offer the cheapest energy plans in Richardson at 10.4 cents per kWh on the Choose Energy marketplace. However, prices change regularly, so make sure to check prices using your ZIP code before signing up for a new plan.

What is the average electric bill in Texas?

In Texas, the average residential electric bill is $178.78 per month — about 14% higher than the national average. This is based on the state’s average monthly electricity usage (1,146 kWh) and current average electricity rate (15.60 cents per kWh). While Texans spend less per kWh on electricity, the hot summers and unpredictable winters mean higher energy consumption and energy bills.

How can I compare Richardson electricity rates?

One of the easiest ways to compare Richardson electricity prices is by submitting your ZIP code on Choose Energy. You’ll get a list of the current rates and plans in your area, which you can filter to find options that fit your needs.

When is the best time to shop for cheap energy plans in Richardson?

You’re more likely to find cheap electricity in Richardson if you shop when the weather is mild, like during the spring and fall seasons. There’s less demand for energy during these months, which tends to equate to lower rates.

How can I lower my electricity bill in Richardson?

There are plenty of ways to lower your energy usage and reduce your electric bill. For instance, you can program your thermostat to a lower temperature when you’re out of the house. You can also maintain your HVAC system, seal up drafty windows and doors, and run your washing machine with cold water. You could also try switching to a plan with a cheaper rate using Choose Energy.