Compare McKinney Electricity Companies and Plans
Find energy plans from top McKinney electric companies

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Compare today’s McKinney electricity rates

4Change Energy - Maxx Saver Select 12 12 months $0.115 / kWh
Cirro - Simple Bill Credit 24 24 months $0.115 / kWh
Express Energy - Flash 12 12 months $0.115 / kWh
Discount Power - Bill Credit Bundle 24 24 months $0.115 / kWh
Gexa Energy - Gexa Eco Saver Plus 12 12 months $0.116 / kWh
Frontier Utilities - Frontier Saver Plus 12 12 months $0.116 / kWh
Veteran Energy - Valor 24 24 months $0.145 / kWh
Reliant - Power Savings 24 plan 24 months $0.155 / kWh
Rhythm Energy - Clear Choice 12 12 months $0.157 / kWh
TriEagle Energy - Real Deal 36 36 months $0.159 / kWh
Direct Energy - Live Brighter Lite 24 24 months $0.165 / kWh
TXU Energy - Smart Edge 12 12 months $0.165 / kWh
BKV Energy - Lantana 36 36 months $0.171 / kWh
Green Mountain - Pollution Free e-Plus 24 Preferred 24 months $0.178 / kWh
Payless Power - 12 Month - prepaid 12 months $0.188 / kWh

Please note: All rates above are accurate as of 7/22/2024, 5:34:10 AM CDT for ZIP Code 75069. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Your power to choose electricity in McKinney

In a traditional energy market, energy customers have to purchase electricity from your local utility company. However, the deregulated energy market in Texas gives you the power to choose from various electricity companies in McKinney. You can browse different electricity plans in McKinney to get the electricity rate that best suits your needs.

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

Average residential rate in McKinney, TX

The average residential electricity bill in Texas is currently $175.75, with the typical rate being 14.92 cents per kilowatt-hour (kWh), according to the most up-to-date data from the Energy Information Administration (EIA). This rate was cheaper than the national average, which was 16.68 cents per kWh. 

Top McKinney electricity providers

You don’t have to look for energy plans without any help. The Choose Texas Power marketplace can help you find the best energy plan near you without you needing to search for each individual company. Our site features competitive plans from power companies in McKinney, including 4Change Energy, Constellation Energy, and TXU Energy. You can easily compare reviews, terms, and plan details all in one place, and sign up in minutes hassle-free.

McKinney Utility companies

In a deregulated market, your utility company plays a different role than your energy provider. Utilities maintain the energy infrastructure and handle power outages. Your utility company is based on where you live and cannot be changed. In McKinney, the utility is Oncor Electric Delivery. In the event of a power outage, you should contact Oncor to report it. You can use the online outage reporter, call (888) 313-4747, or text OUT to 66267.

Types of McKinney electric plans

Electricity companies in McKinney offer several types of plans to help you choose the best option for your home or business. The most common plans include fixed-rate, variable-rate, and no-deposit or prepaid options. Here are the differences between these plan types.

  • Fixed-rate plans: This plan type secures your rate for the length of your contract, which usually lasts 12, 24, or 36 months. It protects you from price spikes in the energy market by giving you a fixed rate. However, you’ll likely be required to pay an early termination fee (ETF) if you cancel early without moving out of the service area.
  • Variable-rate plans: A variable-rate plan does not come with a contract, but the rate you pay will change monthly depending on wholesale energy costs. With a variable-rate plan, you could pay much more when demand is high, such as in the summer months. However, you can also save money when demand is low, like in spring and autumn. And because there’s no contract, you can switch energy plans at any time with no ETF.
  • No-deposit plans: Many companies will require a deposit before beginning your electric service. With a no-deposit plan, however, you can avoid this payment. One common option is a prepaid plan, which allows you to pay for your usage beforehand and top up your account when the balance runs low.

Understanding McKinney electric rates

Electricity rates can vary depending on multiple factors. Your location and utility company both affect your electricity rates, so you could pay a different rate from someone else on the same plan in a different area. It’s important to use your specific ZIP code when searching for McKinney electricity rates to ensure you’re comparing energy plans accurate to your area.

Enter your ZIP code on this page to see energy rates from electricity providers in McKinney.

McKinney commercial energy

Do you own a commercial property? If so, you also have the power to choose a McKinney electric company for your business. Start exploring your options by calling the phone number on your screen to speak with one of our energy experts, or by filling out our commercial energy form to receive help with a customized energy plan for your business.

Green energy plans in McKinney

Texas leads the nation in green energy, producing a significant portion of the country’s wind and solar power. The Lone Star State ranks second in the U.S. for solar energy production and first for wind. As a result, McKinney residents have numerous options to power their homes with clean and renewable energy.

Thanks to this focus, every electric plan in Texas includes a percentage of green energy. You can find the exact amount of green energy in your plan’s Electricity Facts Label (EFL). An EFL shows you all the details of a given plan so you know what to expect before you buy.

Some companies go even further, offering 100% green energy plans for people who are interested in lowering their carbon footprint. If you’re interested in a 100% green energy plan from an electric company in McKinney, TX, Gexa Energy and Green Mountain Energy both offer fully renewable plan options on the Choose Texas Power marketplace.

Moving or switching providers in McKinney

Situated in the DallasFort Worth metroplex, McKinney is a sizable suburb with a population of more than 207,000 people. Whether you’re moving to the area or need to switch providers, Choose Texas Power can help you secure cheap electricity in McKinney for your new home.

Moving to a new address

If you’re moving to McKinney, you can explore energy rates by entering your new ZIP code on this page. Alternatively, if you want to take your existing electricity plan with you, remember to contact your energy provider ahead of time to discuss your move.

Switching energy providers

If you want to switch to a new provider, you can do so in minutes on our free marketplace. The first step is to provide us with your ZIP code so that you can see your plan options. Keep in mind that if you’re switching before your existing plan expires, you may have to pay an ETF.

McKinney energy FAQs

Currently, Discount Power offers the cheapest electricity plan in McKinney. However, keep in mind that rates are always changing, so it’s best to check the latest prices by entering your ZIP code.

 

What is a good electricity rate in McKinney?

That depends on the time of year when you shop. During the spring and fall, rates from light companies in McKinney tend to be at their lowest thanks to lower electricity demands. However, prices spike in the summer and winter, so rates during these periods will be higher.

 

How can I lower my electricity bill in McKinney?

You could try getting your air conditioning maintained so that it runs more efficiently. Alternatively, turn it up a degree or two so it uses less power. You can also install energy-efficient lightbulbs or appliances to cut your consumption. An alternative approach is to find a plan with a lower rate than your current provider on our marketplace, and you can take a look at our guide to lowering your electric bill for more ideas.

 

How do I find the best electricity plan in McKinney?

After you’ve entered your ZIP code, you can filter your results so you only see the most relevant plans for your needs. For example, if you want to shrink your carbon footprint, you could use the “green energy” filter. If you know which providers you like best, you can narrow your results to them. We also provide details about each plan so you can read them before you sign up. With this information, you can decide which electric company in McKinney is best for you.

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