McAllen electricity rates

McAllen is part of the Texas deregulated energy market, which gives residents and business owners the power to choose their energy providers. Choose Texas Power can help you find the best plan in McAllen for all of your energy needs. 

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

Power to choose McAllen

Unlike a traditional energy market, where you buy electricity from a local utility company, you have the power to choose your provider and energy rates in McAllen. This is all thanks to energy deregulation, which lets energy providers compete to offer you the most competitive rates on the market.

McAllen electric companies

McAllen’s deregulated energy market allows you to choose your electricity provider instead of purchasing power from the local utility company. Electricity providers operating in deregulated areas work to offer plans with a variety of choices for customers. 

Choose Texas Power helps you find plans and electric companies in your area so that you can select the best plan for your energy needs. Our site features electricity rates from several reliable electric companies in McAllen, including 4Change Energy, Gexa Energy, TriEagle Energy, and TXU Energy.

Although you’re free to choose your energy provider, you can’t pick your utility company, which is determined by your location. While your electric provider generates electricity and sells plans, your utility handles the delivery of electricity to your property and restores power during outages. In McAllen, the utility is AEP Texas Central.

Types of McAllen electric plans

While searching for the right energy plan, you may find many types of electricity plans available in McAllen, including fixed-rate, variable-rate, and no-deposit plans. 

• Fixed-rate plans: If you’re looking for a longer-term contract, a fixed-rate plan might be the right choice. Fixed-rate plans have a guaranteed electricity rate for the duration of your agreement (generally one to three years). This can be very beneficial if electricity rates spike, but it can also be a double-edged sword if surrounding rates decrease and you’re stuck paying a fixed rate for the duration of your plan. The main downside is that fixed-rate plans usually come with an early termination fee (ETF) if you end your contract early.
• Variable-rate plans: You aren’t obligated to sign a contract with a variable-rate plan. Instead, you’ll pay for your electricity usage on a month-to-month basis. This gives you the flexibility to switch plans or providers without penalty. However, your rate isn’t locked in and can increase or decrease based on seasonality, demand, and other factors. A decrease in the energy market can be a great way to save, but a price spike can be costly. 
• No-deposit plans: Most providers require a credit check as part of the application process. If you have a low credit score, you’ll likely need to pay a deposit on your energy service. Fortunately, some energy companies offer no-deposit plans, which allow you to prepay for your electricity without undergoing a credit check or paying a deposit.

McAllen electric rates in my area

Various utility companies serve different parts of Texas, and each utility has its own set of transmission charges. These utility fees impact the electricity rates you pay, which means that electricity rates vary from city to city. For this reason, it’s essential to be specific about your location when searching for energy plans.

You can find the most accurate energy rates near you by entering your ZIP code and reviewing the list of available providers.

McAllen commercial electricity rates

If you run a business in McAllen, you also have the power to choose your electricity provider to help you make the most out of your business goals. Choose Texas Power can help you take control of your energy usage and electricity rates. Call the number on this page or fill out our online form to learn about creating a customized energy plan for your business needs.

Green energy plans in McAllen

Texas is a powerhouse in renewable energy production, leading the nation in wind energy generation. It’s also ranked second in the country for solar power production. As a result, you can find a wide variety of green energy plans in McAllen for environmentally-conscientious residents and business owners.

All Texas energy plans include at least a small percentage of green energy, making the state an excellent place to reap the benefits of going green. Check your plan’s Electricity Facts Label (EFL) to find out how much renewably-sourced power your plan contains.

If you’re committed to going fully green in McAllen, you can find 100% renewable plans from specialty providers like Gexa Energy by searching your ZIP code on this page.

Are you moving to McAllen?

Located in southern Texas, McAllen is a vibrant, growing city of about 144,000 people. The climate in McAllen is warm throughout most of the year, with summer temperatures often reaching nearly 100°F. Due to the high heat in McAllen, there’s a growing demand for affordable electricity in the city. If you’re moving there, use the free Choose Texas Power marketplace to save on electricity bills and find the best electric rates in McAllen.

McAllen energy FAQs

Which provider has the cheapest electricity rates in McAllen?

At the moment, Express Energy, Frontier Utilities, Gexa Energy, and 4Change Energy offer the cheapest McAllen electricity rates on our marketplace. However, electricity prices fluctuate daily. Use Choose Texas Power to find today’s most affordable rates near you.

Where can I compare McAllen electricity rates?

Using an energy marketplace is the most efficient way to compare electric rates in McAllen. Sites like Choose Texas Power allow you to compare plans from the best electric companies near you, all in one place. 

How can I lower my electricity bill in McAllen?

Going green is an excellent way to cut down on electricity costs. Opting for energy-efficient appliances or choosing a green electricity plan can help you lower your energy bill. You may also be able to reduce your monthly electricity costs by switching providers.

How do I find the best electric plan in McAllen?

Knowing which electric plan is best for you in a competitive market can feel a little overwhelming. Fortunately, Choose Texas Power makes it easy to select the electric plan that best fits your lifestyle. Simply enter your ZIP code, then browse the available plans. You can customize your results by filtering for green energy, providers, ratings, terms, rate type, and more.

What is the best energy provider in McAllen?

There are many McAllen electricity providers to consider, each with its own advantages. The right energy provider for you will depend on your specific needs — whether you’re looking for a green energy plan, no-deposit plan, or cheap electricity in McAllen.