McKinney Electricity Rates and Companies

Our recommended McKinney energy plans

Fixed-rate plans are usually the best electricity plans in McKinney for most residents. This plan type provides a stable energy rate throughout your contract. Many popular fixed-rate plans include bill credits, which can significantly lower your electricity bill when your monthly usage surpasses the plan’s threshold. Understanding your typical electricity usage will help you identify plans with the best savings opportunities and predictable bills.

Here are a few popular, trusted McKinney electricity plans to consider:

Most popular plan: Express Flash Value 12

The Express Flash Value 12 is a solid, affordable option for many McKinney residents. The plan includes a $125 bill credit each month you use at least 1,000 kWh — allowing you to save a significant chunk on your bill. For households that regularly surpass 1,000 kWh, the Flash Value 12 plan can help lower your overall energy costs and lock in a competitive rate. Express Energy also offers a solid 60-day satisfaction guarantee if the plan is not a good fit.

Best for large homes: TXU Smart Saver 1,000 12

Higher-usage households can reap the benefits of TXU Energy’s Smart Saver 1,000 12 plan this summer. Lock in a steady electric rate for one year, and benefit from a $100 bill credit each month you use over 1,000 kWh. You’ll also receive an additional $25 monthly bill credit all summer long for hitting this usage level. Enroll with TXU and enjoy top-rated customer service as summer prices peak.

Best for small homes: Gexa Eco Saver Lite 12

For customers with smaller homes or lower usage in general, Gexa Energy’s Eco Saver Lite 12 plan is a solid choice. Benefit from a $50 bill credit each month you use more than 500 kWh. With a lower bill credit threshold than most fixed-rate plans, the Eco Saver Lite lets you secure predictable, affordable bills during the volatile summer market. It’s also 100% renewable, helping you reduce your carbon footprint while keeping your bills low.

The best electricity plan for your home will depend on your preferred contract length, typical monthly kWh usage, and whether you consistently qualify for any bill credits. Want to narrow down your search and match only with plans that fit your needs? Use our rate finder tool to discover the best plans for you today.

Your power to choose electricity in McKinney

In a traditional energy market, residents don’t get to choose their provider — they are automatically enrolled in a plan from the local utility company. Fortunately, Texas cities like McKinney feature a deregulated energy market that allows customers the power to choose their electric providers. Use our marketplace to compare the best electricity plans in McKinney today.

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

Average residential energy rate

Most electricity rates in McKinney range from 7.1 to 23¢/kWh.

The electricity rate you’ll pay in McKinney depends on how much electricity you use, as most plans have a tiered pricing structure. Explore McKinney’s average price per kWh for each usage level on our marketplace:

• At the 500 kWh level, the average rate in McKinney is 19.7 cents per kWh
• At the 1000 kWh level, the average rate in McKinney is 11.0 cents per kWh
• At the 2000 kWh level, the average rate in McKinney is 14.4 cents per kWh

Electricity rates can also vary based on factors like local taxes and utility delivery fees, which vary based on where you live. Even if you have the same plan as someone else nearby, you might pay a different rate because of these fees.

Compare the best power companies and rates in McKinney by entering your ZIP code on our independent marketplace. You can shop energy rates specific to your area online or call our experts to shop over the phone and sign up for a competitive summer energy plan in minutes.

Explore our best electricity providers

Some of the most popular energy providers on our marketplace include TXU Energy, Gexa Energy, and 4Change Energy. 

Having as many energy options as you do in a deregulated market can feel overwhelming. To help, we’ve put together a thorough rating system to help simplify your shopping experience. We evaluate providers by their customer service, online accessibility, and plan options, considering factors like what real customers say on Google and Trustpilot, how easy it is to manage your account and pay bills, and more.

We’ve highlighted key details about each provider on our marketplace. Learn more about what they have to offer.

Provider	Which company is best for me?	Our rating	Our top-recommended plan
TXU Energy	Best overall	5/5	Smart Edge
4Change Energy	Best for local community involvement	5/5	Maxx Saver Value
Express Energy	Best for attentive customer service	5/5	Flash Value
Veteran Energy	Best for mission-driven energy	5/5	Valor
Gexa Energy	Best for affordable green electricity	5/5	Eco Saver Plus
TriEagle Energy	Best for transparent, fixed rates	4.9/5	Real Deal
Frontier Utilities	Best for online accessibility	4.8/5	Frontier Saver Plus
APG&E Energy	Best for customers on a tight budget	4.8/5	SimpleSaver

Other top Texas energy providers on our marketplace include:

• Atlantex Power
• Rhythm Energy
• Green Mountain Energy
• Reliant Energy
• Direct Energy
• Octopus Energy
• Discount Power
• Cirro Energy
• Payless Power
• Constellation Energy

Shop these and numerous other energy providers by entering your ZIP code on our marketplace today.

The current lowest electricity rate in McKinney is 7.1 cents per kWh from Atlantex Power.

Oncor Electric Delivery is McKinney’s utility

While you can choose your electric company in McKinney, your utility company is determined by your address and cannot be changed. Utilities deliver electricity, maintain power lines, and restore service during power outages. The utility company for McKinney is Oncor Electric Delivery. In the event of a power outage or electrical emergency, call your utility company, not your McKinney electric provider. Here’s how to contact Oncor:

• Call 1-888-313-4747
• Text “OUT” to 66267
• Report an outage online

All utility companies charge a transmission and distribution utility (TDU) fee for delivering electricity. This includes a base monthly charge and a usage charge per kWh. Oncor Electric Delivery charges $4.23/month and 5.6183 ¢/kWh.

Types of McKinney electric plans

Electric companies in McKinney offer a variety of competitive plans to help you choose the best option for your home or business. Here’s a basic overview of each plan type on our marketplace:

• Fixed-rate plans: This plan type secures a set electricity rate for the length of your contract, usually lasting 12-36 months. You’re protected from rate spikes, which is ideal if you want a predictable monthly bill. However, your provider may charge an early termination fee (ETF) if you cancel your service before your contract ends.
• Variable-rate plans: A variable-rate plan has no contract, but your rate changes monthly with wholesale energy costs. This can mean higher prices in peak winter and summer months, or lower rates when demand drops.
• No-deposit plans: Many companies require deposits before beginning service, but you can avoid this upfront payment with a no-deposit plan. 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.
• Indexed plans: An indexed plan is similar to a variable-rate plan because your rate can change from month to month. While variable-rate plans charge based on the wholesale cost of energy, indexed plans calculate your rate using a formula based on a commodity index. These plans are less common than other types, and the rate changes more frequently.
• Time-of-use plans: A time-of-use (TOU) plan contains rates that fluctuate based on electricity demand. During times of low demand, such as late at night, you can enjoy a decreased rate. However, your rate may increase during peak hours, like mornings and afternoons. This plan could be advantageous if you are comfortable shifting your usage to capture lower rates during off-peak hours.
• Renewable energy plans: Every Texas energy plan includes some green energy in the mix, but some providers offer plans with 100% renewable electricity. Enter your ZIP code and filter for green energy plans to compare your current options.

Commercial energy

Businesses can also benefit from deregulation to help reduce operating costs. Choose Texas Power offers two options for setting up electricity for your business. You can give us a call to speak with a dedicated business energy consultant or visit PowerHQ.com to browse multiple commercial energy plans.

Green energy plans

You can sign up for 100% green energy plans in Texas, but that does not necessarily mean renewable energy is flowing to your home. The grid mixes power from all sources together, including wind and solar energy. However, some providers offer 100% green plans to offset your usage with renewable energy certificates (RECs). These plans are a good fit for those who want to support renewable energy development without making major changes. Enter your ZIP code and select the “green energy” filter to shop now.

How to switch energy companies

Whether you’re moving to the area or need to switch to another electric company in McKinney, Choose Texas Power can help you secure cheap electricity in McKinney. Use our marketplace to find the best provider for your needs.

Moving to a new address

Before you move, enter your new ZIP code on this page to compare available electricity plans in McKinney. If you’d prefer to keep your current plan, contact your provider in advance to find out if they serve your new address. If your existing provider doesn’t operate there, you can cancel your plan without paying an ETF.

Switching energy providers

If you want to switch providers, our free marketplace lets you complete the process seamlessly. The first step is to enter your ZIP code to explore your plan options. From there, compare electric rates in McKinney, use our filters, and choose the right electric plan for your home or business. Keep in mind that you may have to pay an ETF if you’re switching before your existing plan expires.

McKinney energy FAQs

Which provider has the cheapest electricity rates in McKinney?

Currently, the cheapest electricity rate in McKinney is offered by Atlantex Power. However, these prices change regularly and vary by plan type, so be sure to enter your ZIP code for the most up-to-date McKinney electricity rates.

What is a good electricity rate in McKinney?

McKinney electric rates vary throughout the year. You’ll typically find the lowest prices in the spring and fall when energy demand is lighter. You can compare the cheapest available rates at any time on our free marketplace.

How can I lower my electricity bill in McKinney?

You can lower your electricity bill by making small changes to reduce your energy usage, such as maintaining your HVAC system and turning it up a degree or two to use less power. You can also install energy-efficient lightbulbs or appliances to reduce your consumption.

How do I find the best electric plan in McKinney?

After entering your ZIP code, filter your results to compare plans that fit your needs and preferences. You can sort by green energy, credit requirements, providers, rate types, and more. Browse power companies in McKinney on our free marketplace to find your best energy fit.

How does weather affect energy rates?

Electricity prices typically follow demand, so when demand increases during the summer or winter, prices increase too. When temperatures are mild in the spring and fall, demand typically drops, making those seasons the best time to shop for lower electricity rates.