Compare Plano Electric Prices

Your utility company differs from your energy provider in a deregulated energy market. Your utility distributes electricity, maintains the grid’s infrastructure, and responds to power outages. In Plano, the utility company is Oncor Electric Delivery. You can’t choose your utility company because it is assigned based on where you live.

Meanwhile, electricity providers in Plano sell energy to residents and businesses. You can choose from a variety of light companies in Plano, including popular providers like TXU Energy, 4Change Energy, and Reliant Energy. Enter your ZIP code to explore energy companies in Plano and find cheap electricity rates today.

Power outages in Plano

If you experience a power outage in Plano, you’ll need to contact your utility company — not your Plano electricity provider. You can report an outage to Oncor Electric Delivery online or by calling 888-313-4747.

In regulated energy markets, the local utility is the only company allowed to sell electricity to consumers and deliver it to homes and businesses. Residents in these areas are limited to paying the electric rate set by the utility. Fortunately, Plano is a deregulated area, which means residents and businesses have the power to choose their energy provider. Deregulation allows for competition between light companies and often leads to lower energy rates.  

Choose Energy is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

The Choose Energy marketplace allows you to compare Plano electricity providers to find the best energy rate and plan for your household. Enter your ZIP code to check today’s cheap electricity rates in Plano.

There are several types of energy plans available in Plano that you may encounter on the Choose Energy marketplace. Here are the most common options you’ll find from energy companies in Plano.

Fixed-rate plans

With a fixed-rate plan, you pay a set energy rate throughout your contract, which typically lasts 12–36 months. Fixed-rate plans offer more stability and predictable energy bills because you don’t have to worry about price hikes when energy demand spikes. The downside is that you are locked into a contract and will likely have to pay an early termination fee (ETF) if you cancel your contract before it expires. If you need to cancel your contract because you’re moving, you can submit proof of your change in address, and your provider should waive the ETF.

Variable-rate plans

When you choose a variable-rate plan, your rate changes each month based on variations in the energy market. The benefit of variable rates is that sometimes you might pay a cheaper electricity rate when energy demand is low. However, if there’s a spike in demand, you could receive a hefty electric bill on any given month. Variable-rate plans don’t require you to sign a contract, so you’re free to switch to a new provider or plan at any point. 

Prepaid and no-deposit plans

Depending on your credit score, some electricity providers might require a deposit before beginning service. If you have a lower credit score or want to avoid paying an upfront deposit, a no-deposit energy plan could be a good option for you. Prepaid energy plans are a common type of no-deposit plan where you pay for your electricity upfront and add more funds to your account when your balance runs low. Prepaid plans do not require a contract. Enter your ZIP code to browse available prepaid and no-deposit electricity plans from Plano electricity providers.

Plano green energy plans

Texas is one of the nation’s leading renewable energy producers. The state is ranked first in the nation for wind energy generation and second for solar power production. With so much renewable energy readily available, Plano residents can choose a green energy plan catered to their needs.

Every Texas energy plan contains some amount of renewable energy. You can check how much green energy a plan contains by reading the Electricity Facts Label (EFL). Some plans contain 100% green energy, such as those offered by Gexa Energy and Green Mountain Energy. 

You can enter your ZIP code and filter for green energy options to compare electricity rates in Plano.

Plano energy for business

Deregulation also opens up the energy market for businesses. Choose Energy can help companies find the best commercial electricity rates in Plano. Fill out our business energy form or call our energy experts at the number on this page to start customizing an energy plan with a low commercial electricity rate in Plano today.

Plano electricity rates in my area

Your location is one of the main factors influencing your electricity rates. The utility company charges a transmission fee for distributing electricity from the housing facility to your home or business, and this varies based on where you live. That means Plano residents in one location could have a different electric rate than residents in another area. Enter your ZIP code to find accurate electric rates in your area today.

Thanks to the deregulated energy market, residents can choose their light companies in Plano. You can start exploring the best electric companies near you in three simple steps:

• Enter your ZIP code: Our marketplace allows you to explore different electricity providers in Plano, along with today’s electric rates and plans, to choose the best fit for your energy needs. 
• Find the plan that works for you: After you’ve found the right plan, we’ll guide you through the signup process. If you need more help or have questions, call the number on your screen to connect with an energy expert.
• Rest easy: Once you sign up, your provider will handle the rest. You can relax and enjoy your new energy plan without interruption to your current service.

Plano, Texas, is a bustling city of nearly 290,000 that lies just north of Dallas. The city offers families and young professionals a suburban feel with top-notch schools, restaurants, and activities for all.

If you’re moving to Plano, you’ll need to find an electricity provider available in the area. The Choose Energy marketplace can help you check one more thing off your list. Enter your ZIP code to start exploring Plano electricity prices and plans today.

Who has the cheapest electricity per kWh in Plano?

Currently, the cheapest light companies in Plano are 4Change Energy, Gexa Energy, Frontier Utilities, and Express Energy. These electricity providers offer energy rates as low as 12.3 cents per kilowatt-hour (kWh). Remember — energy prices can change daily, so enter your ZIP code to check today’s cheap electricity plans in Plano.

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

When energy demand is low, electricity rates also tend to drop. Demand is usually highest in Texas during the hot summer months and can sometimes spike in the winter due to cold weather. Autumn and spring are often the smartest times to buy, as milder temperatures mean lower energy demand.

How can I lower my electricity bill in Plano?

There are several ways to reduce your energy bills. Our guide to lowering your energy bill contains helpful strategies such as switching to a cheaper energy plan, upgrading to energy-efficient appliances, and performing regular HVAC maintenance. In general, reducing your energy usage is the most straightforward way to lower your electricity costs.

How can I compare Plano electricity rates?

You should assess your electricity needs before comparing rates. Do you want to secure a cheap electricity rate for a year or more? Alternatively, are you fine with a changing rate if it gives you the freedom to switch providers as needed? Answering these questions can help you determine the type of plan you want. From there, you can enter your ZIP code to filter and compare electricity rates in Plano.