Compare Richardson Electricity Rates

Choose Texas Power provides a free, easy-to-use marketplace to help you find and compare affordable energy plans in your area. With our site, you can view current electricity rates from a variety of trusted energy companies that serve your city.

To start discovering today’s best Richardson electricity rates, submit your ZIP code above.

Richardson electric companies

In Richardson (and most other parts of Texas), energy is deregulated. As a consumer, this allows you to shop around for an energy plan and choose the best one for your needs. The competition is fierce among electricity providers, which gives you more opportunities to find cheap electricity in Richardson.

With Choose Texas Power, you can explore plans from the top Richardson electricity providers – all in one place. On our marketplace, you’ll find energy options from many of the leading brands in the industry, including 4Change Energy, Pulse Power, Reliant Energy, and TXU Energy.

Although you’re free to choose your electricity provider, it’s important to mention that you cannot choose your utility company. Your utility is tasked with delivering electricity to your home or business, as well as maintaining local power infrastructure and dealing with outages. In Richardson, your utility is Oncor Electric Delivery.

Types of Richardson electric plans

As a deregulated energy customer, there are several types of electricity plans to consider. Here are three of the most common plan types that you might come across as you’re shopping.

• Fixed-rate plans: These energy plans come with a contract (usually 12+ months) and a guaranteed electricity rate for the duration of your agreement. Fixed-rate plans could be a good fit if you’re looking for a more predictable energy bill. However, be aware that they typically include a fee if you cancel before your contract is up.

• Variable-rate plans: If you choose a variable-rate plan, there’s no set term length or fixed energy rate. Instead, you’ll enter into a month-to-month agreement with your provider. Your monthly rate will vary based on the current wholesale rate of electricity, which means that your bill could fluctuate quite a bit depending on the market conditions.

• No-deposit plans: When applying for a new electricity plan, most providers will run a credit check. If you have a low credit score, you’ll likely need to pay a deposit. If you can’t afford a deposit, think about investing in a no-deposit electricity plan.

Richardson electric rates in my area

In Texas, electricity rates change from city to city – even with the same plan and provider. This is due to several factors, including different utility charges and taxes in different parts of the state. Because of these varying rates, it’s critical to factor in your location when shopping for a new plan.

To find the best electricity rates in Richardson, enter your ZIP code at the top of this page.

Richardson commercial electricity rates

If you’re a business owner in Richardson, you also have the power to choose the best energy plan for your commercial operations. Ready to start building a custom electricity plan for your business? Reach out to the team at Choose Texas Power through this form or the phone number on your screen.

Green energy plans in Richardson

Renewable energy is on the rise in Texas. Not only is the Lone Star State the leading generator of wind energy in the U.S., but it’s also within the top five states for solar power production. As a Richardson local, you have many options for powering your home or business with green energy.

Renewable power is so abundant in Texas that every plan sold in the state includes at least some green energy in the mix. Read your plan’s Electricity Facts Label (EFL) to find out how much renewable energy it contains.

There are many providers that sell 100% green plans, but there are also a select few that exclusively offer all-green plans. In Richardson, these companies include Gexa Energy and Green Mountain Energy.

Are you moving to Richardson?

Located about 15 miles northeast of Dallas, Richardson is a growing city home to several major corporations. With hot summers and a booming residential and business community, there’s a major demand for cost-effective electricity options in the city. If you’re new to Richardson, you can start exploring your energy options today with Choose Texas Power.

Richardson energy FAQs

Where can I compare Richardson electricity rates?

Using an energy marketplace is the simplest way to compare electric rates in Richardson. These sites give you a streamlined view of what’s available in your city. Simply enter your ZIP code above to start comparing the best electric companies near you. 

What is the best energy provider in Richardson?

It depends on your energy habits and preferences. For instance, if you’re trying to live a more sustainable lifestyle, you might choose a renewable energy provider like Green Mountain Energy. Similarly, if you’re interested in no-deposit options, you could pick a provider like Payless Power.

How can I lower my electricity bill in Richardson?

Shopping around for a new electricity plan is an easy way to cut down on costs. Otherwise, you can change your energy habits to reduce your electricity bill. For example, you can try switching to energy-efficient appliances or purchasing a renewable energy plan.

Which provider has the cheapest electricity rates in Richardson?

At the moment, the Flash Bundled 12 plan from Express Energy is the cheapest plan in Richardson, coming in at 7.4 cents per kilowatt-hour (¢/kWh).

Last Updated Date: 12/6/2021