As you shop for the best electricity rates in Richardson, you’ll find different types of energy plans on our marketplace:
Fixed-rate plans
A fixed-rate plan allows locks in your electricity rate for the length of your contract – usually 12-36 months. This type of plan gives you stability in your budget with a predictable energy rate. If you need to switch providers during your contract, you may pay an early termination fee (ETF).
Variable-rate plans
In a variable-rate plan, your monthly energy rate adjusts with the wholesale energy price. This means your monthly rate will vary, leading to savings in some months and spikes in other months. You can switch providers without charge because there is no contract.
Prepaid & no-deposit plans
Most providers run a credit check before starting service. If your credit score doesn’t meet specific requirements, you might have to pay an upfront deposit. To avoid this, you can choose a no-deposit plan. A common no-deposit plan is a prepaid plan, which allows you to pay for your energy as you go. Your provider will notify you if your balance runs low.
Enter your ZIP code above to explore plans from the best electric companies near you.
Richardson green energy
Texas is a leader in renewable energy generation. The state ranks first for wind energy and is consistently among the top five for solar energy.
All Texas electricity plans contain some renewable energy. You can find the exact percentage on the Electricity Facts Label (EFL). Once you find a plan you like, click on its details to learn more.
The Choose energy marketplace also has providers that offer 100% green energy plans. These include Gexa Energy and Green Mountain Energy. Enter your ZIP code to find Richardson green energy rates as low as 7.5 cents per kWh.
Richardson energy for business
Richardson businesses can also choose their energy providers, thanks to deregulation. The Choose Energy marketplace will help by providing customized energy solutions for your company. Start by calling the number on your screen or filling out our business energy form.