Compare electricity rates in Richardson

Richardson energy rates

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. Check out Richardson energy rates to see what prices and options are currently available.

Richardson electricity rates

Plan Name Plan Length Rate
Express Energy - Freeway 12 12 months $0.077 / kWh
Gexa Energy - Gexa Superb Saver 12 12 months $0.078 / kWh
Frontier Utilities - Frontier Max 12 12 months $0.078 / kWh
4Change Energy - Budget Saver 12 12 months $0.079 / kWh
Constellation Energy - 12 Month Flat Tier Product 12 months $0.085 / kWh
TXU Energy - Smart Deal 12 12 months $0.099 / kWh
TriEagle Energy - Silver Eagle 12 12 months $0.107 / kWh
First Choice Power - You Got This 36 36 months $0.107 / kWh
Pulse Power - Texas Green Fixed 36 36 months $0.107 / kWh
Direct Energy TX - Live Brighter 36 36 months $0.108 / kWh
Just Energy TX - Simple Rate 36 months $0.113 / kWh
Payless Power - SmarTricity Premier 12 - Prepaid Plan 12 months $0.129 / kWh

Please note: All rates above are accurate as of 5/25/2020, 1:37:09 PM CT 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.

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. Check out Richardson electricity rates and enter your zip code above to see plans available to you.

Richardson utility companies & energy providers

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.

 

Richardson Energy Facts
Avg Home Size (square feet) 2,353
Avg Monthly Usage (kWh) 1,239
Avg Monthly Bill $118
Potential Annual Savings $446
Utility Oncor