Compare Richardson Electric Prices

Since deregulation, utility companies have functioned separately from providers. Before deregulation, Richardson utilities handled everything from sales to transmission to distribution. Now, the utility distributes the energy and maintains the local electric infrastructure. The local utility company for Richardson is Oncor Electric Delivery.

Unlike the utility company in a deregulated area, energy providers are in charge of buying or generating electricity for Richardson’s power. There are many different providers, each with its own advantages and incentives. Some of the top electric companies in the Richardson area include 4Change Energy, Just Energy, and TXU Energy.

Power outages in Richardson

Experiencing a power outage? Know who to call to quickly resolve the problem and restore power to your home or business. Again, the utility company maintains your electric infrastructure, so you will need to contact Oncor Electric Delivery to handle a power outage. You can report an outage online via the Outage Reporting System (oncor.com), by phoning Oncor at (888) 313-4747, or by texting “OUT” to 66267.

While you must buy your electricity from a local utility company in a traditional energy market, deregulated energy markets work a little differently. In cities like Richardson, you have the power to choose your energy provider and electric rates. With all of the energy providers striving to offer you the most competitive rates, there are often many options to choose from in a deregulated market.

As you shop for the best electricity rates in Richardson, you’ll find different types of energy plans on our marketplace. Below are the energy plan types that you’ll encounter while searching for the right plan.

Fixed-rate plans

A fixed-rate plan secure your electricity rate for the length of your contract — usually for 12, 24, or 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, however, you may need to pay an early termination fee (ETF). If you’re moving, you won’t need to pay an ETF if you provide proof.

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. Though you won’t have stability in your monthly electricity bills, 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 deposit, 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 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 second in the nation for solar energy. As a Richardson resident, you can choose renewable energy plans powered by either wind or 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, including Gexa Energy. 

Enter your ZIP code and select the green energy filter to find Richardson’s green energy rates.

Richardson energy for business

Richardson businesses can also choose their energy providers, thanks to deregulation. The Choose Energy marketplace helps by providing customized energy solutions for your company. Start by calling the number on your screen or filling out our business energy form. 

Your location is an important factor when shopping for electric rates. Utilities charge transmission fees for delivering electricity to your home or business. You could have the same plan as another Richardson resident, but each of you pays a different rate.

Enter your ZIP code to discover accurate electricity rates in your area today. 

Comparing electricity rates is a straightforward and simple process with the Choose Energy marketplace. Here’s how it works:

• Enter your ZIP code for accurate energy plans near you.
• Sign up by following the steps or by calling the number on your screen.
• Enjoy your new energy plan.

Residents enjoy suburban living with close access to the Dallas-Fort Worth area. Some of the local attractions include Crowley Park and the nearby Galleria Dallas. You’ll also enjoy the ability to shop around for electricity rates in Richardson due to the deregulated market. 

If you are new to deregulation or looking to switch providers when you move, you can use our marketplace to explore your energy options. Enter your ZIP code to find Richardson electricity rates today.

How do I find the best electricity plan in Richardson?

The best electricity plan for you depends on your energy preferences. Do you want a plan with a contract, or do you want to change providers at any time? Is green energy an important factor? Answering these questions can help you discover the best electric plan for you. 

When is the best time to shop for a Richardson energy plan?

October through April is when the average temperature in the Richardson area is less than 80 degrees. With more moderate temperatures, energy demand and rates will decrease. That makes it a good time to secure cheap electricity in Richardson. 

How can I lower my electricity bill in Richardson?

There are a variety of ways to start lowering your electricity bill. If you have a smart thermostat, set it to 8–10 degrees warmer when you leave your home for work or a trip. You can also switch to energy-efficient appliances. If you’d like to switch to a more affordable plan, you can shop around and compare electric rates in Richardson to ensure you find the best rate.

What is a good rate per kWh in Richardson?

A good rate depends on the type of plan you want. Rates change frequently, and a good energy rate today could become a high energy rate tomorrow. It’s important to check often to secure cheap electricity prices.