Compare electricity rates in Richardson

Situated just 12 miles from Dallas, Richardson, Texas is home to 116,783 people. A hub for telecommunications, education and health insurance, there are several colleges and businesses located in this city. Additionally, summers in Richardson are quite hot. All of these factors — the population, amount of businesses and institutions and climate — indicate that this North Texas city requires reliable energy services and fair energy prices.

As a resident, it’s necessary to learn how Richardson energy rates change within the calendar year. Typically, consumers can obtain the cheapest plan right at the end or beginning of each year. Around March and September, however, energy plans are most expensive. Enter your ZIP code above to see what prices and options are currently available.

Richardson energy deregulation

Following the approval of senate legislation, most of Texas, including Richardson, deregulated the energy sector. Basically, this gave residents in deregulated energy zones more supplier choices. Consumers in Richardson don’t have to purchase their energy from the area’s utility service, as they can select among a variety of local supplier companies in town.

The overall purpose of energy deregulation in Richardson was to reduce energy costs for consumers. Residents can now shop for an electricity plan in Richardson and obtain a better price. Enter your zip code above to see plans available to you.

Prior to the deregulation bill’s approval, a single wires company in Richardson controlled the sales, transmission and delivery of electricity to local homes. The legislation in 2002 changed that. That wires company, which is still in control of energy transmission and delivery, no longer controls the sales of energy. A host of energy providers in Richardson now function as retailers. These power companies are responsible for creating prices per kilowatt-hour and selling energy plans to residents.

Serving over millions of consumers, including Richardson residents, Oncor Electric Delivery is the area’s utility service. While consumers must have electricity distributed through Oncor, they can choose among Richardson energy suppliers. With so many supplier companies, the problem many consumers have is determining which ones are reliable and which offer the best rates. Choose Energy eliminates that problem for the consumer by only working with preferred energy suppliers. TriEagle Energy and Bounce Energy are two trustworthy supplier companies that have a partnership with Choose Energy.