Allen electricity rates

Thanks to Texas’ deregulated electricity market, millions of residents and businesses throughout the state can choose their own electricity rates. If you live in Allen, you can use Choose Texas Power to compare providers, explore plan options, and sign up in one simple, streamlined process.

Ready to start comparing electricity rates in Allen? Enter your ZIP code to get started

Power to choose Allen

When Texas legislators deregulated the state’s electricity market over 20 years ago, they sought to introduce more competition among electricity providers in Allen and other Texas cities. This change has since given many throughout the state the power to choose their own electricity rates and save on their energy bills.

Allen electric companies

Deregulation also means that Allen residents can choose their electricity providers. Rather than simply buying from your local utility, you can research light companies near you and choose a plan that fits your energy needs.

While it’s great to have options, it can sometimes be complicated to navigate through them and choose which provider and plan works best for you. Our marketplace is here to help — we do all the research for you so that you can quickly shop for the best energy plans and rates. Some of the top electricity providers in Allen include TXU Energy, Gexa Energy, 4Change Energy, and more.

While you can choose an electricity provider in your area, you can’t choose the utility company that serves your home or business because it is based on the utility’s service area. Oncor Electric Delivery is the utility company for Allen residents, regardless of which electricity supplier they use. Oncor will deliver your electricity, maintain the electric infrastructure, and respond to power outages and downed power lines.

Types of Allen electric plans

Shopping for the best Allen electricity rates involves comparing different plan types. Each plan is designed for a different type of customer, so it’s important to understand the key differences between them.

• Fixed-rate plans: Your energy rate remains the same throughout your term (usually 12–36 months) with fixed-rate plans. The rate you pay won’t change as the energy market fluctuates. However, if you decide to cancel early, you could pay an early termination fee (ETF). 
• Variable-rate plans: Electricity rates can adjust monthly as the wholesale cost of electricity changes. With variable-rate plans, you might pay a lower rate during some months. However, when energy demand rises, so will your rates. The benefit is that you are free to switch your plan at any time without penalty.
• No-deposit plans: Most providers check your credit score when you decide to sign up for their services. If you have a lower score, they might ask for a deposit before they provide service. No-deposit plans, on the other hand, bypass the credit check and deposit and allow you to pay for your energy up front.

Allen electric rates in my area

Energy prices vary based on your location, plan type, and utility company. Your utility assesses charges for distributing your electricity. The farther you are from the facility, the more you might pay for energy, so it’s important to compare electricity rates near you when you’re shopping for a plan.

With Choose Texas Power, you can easily browse up-to-date plans from electricity providers in Allen. Enter your ZIP code to explore electricity providers in your area and compare electric rates in Allen.

Allen commercial electricity rates

Businesses also have the power to choose their Allen electricity providers. We can save you time and help you find the best fit for your business. Simply fill out our business energy form or call us at the number listed on this page to receive customized commercial energy solutions.

Green energy plans in Allen

Texas is a leader in green energy, among the country’s top states for both wind and solar energy generation. As a result, Texas residents can easily find affordable green energy plans.

Each Texas energy plan includes some percentage of renewable energy. You can learn exactly how much a plan includes by reading its Electricity Facts Label (EFL). 

A handful of electricity providers specialize in offering 100% renewable energy plans, often powered by solar and wind energy generated in Texas, such as Gexa Energy.

Are you moving to Allen?

Allen is a quiet escape from the bustle of the Dallas-Fort Worth Metroplex without being too far from the big city. The city’s deregulated electricity market can help you save on energy costs so you have more to spend on enjoying your new home. When you need to choose a light company near you or switch to a new one, Choose Texas Power helps every step of the way. Provide your ZIP code to find cheap electricity in Allen today.

Allen energy FAQs

Which provider has the cheapest electricity rates in Allen?

Currently, quite a few providers offer cheap electricity rates in Allen: Gexa Energy, 4Change Energy, Express Energy, and Frontier Utilities. However, remember that these rates change regularly, and different providers may offer cheaper rates at other times. Be sure to check current rates in your area when shopping for a plan.

What is the best energy provider in Allen?

Your needs determine the best energy provider for you. If you need a plan that offers 100% renewable energy, try Gexa Energy. If you want dependability and a fixed price, Express Energy is a wise choice. For affordable no-deposit plans, check out Payless Power.

How can I lower my electricity bill in Allen?

Start by checking out our guide to understanding your electric bill, where we break down the different taxes and charges you’ll find on your monthly bill. From there, energy-efficient solutions include keeping your thermostat 7 to 10 degrees warmer or cooler when you’re away from home or unplugging appliances that aren’t in use. 

What is a good price per kWh?

A good price per kilowatt-hour (kWh) depends on the type of plan you want. Customers looking for a fixed-rate plan can find them for under 10 cents per kWh during certain times of the year. If you prefer a variable-rate plan, you may pay more for flexibility. Ultimately, the best electric rates depend on your needs.