Compare Wylie electric rates

Wylie is a city located in Texas with a population of 49,759. Most of the Texas energy market is deregulated, meaning Wylie residents have the power to choose their own provider. Finding the best provider and the lowest rate is simple. You can put in your ZIP code to start looking for the best Wylie electricity rates in your area.

Wylie electric companies

Because Texans have the power to choose providers, you have many electrical options in the Wylie area. Some of the options in the Wylie area include TXU Energy, Gexa Energy, Express Energy, Frontier Utilities, and 4Change Energy.

Providers such as the ones listed above handle the billing and payment part of the process. So you would look through them to find the best Wylie electricity rates and plans for your home.  But the transmission and distribution are still under the purview of the utilities, so contact your utility in the event of a power outage. In the Wylie area, the main electric utility is Oncor. The customer service line for Oncor is 888-313-4747.

Types of plans

In a fixed-rate plan, you lock in your rate when you sign up for the contract. Energy prices may change from month to month, but your rates won’t. However, taxes and certain government fees can change monthly. If you like knowing how your electric bill will look each month, this is a good option. These types of plans often come as fixed-term contracts, meaning this option is all about structure and predictability.

Variable-rate plans change depending on what wholesale energy costs are each month. You might not know what kWh you’re paying each month, but there is the possibility of saving when energy costs are lower. Further, more flexible terms are standard with these types of plans. If you don’t mind fluctuating prices and prefer more open terms, a variable-rate plan may be a good option for you.

A no-deposit plan does not require a fee before service. Providers may run a credit check before service starts and need an upfront deposit if your credit is not at a specific limit. A main perk of the no-deposit plan is that it may allow you to avoid a credit check. Customers might also avoid upfront payment if their credit scores are high enough. 

No-deposit plans are often prepaid plans, where you pay into an account with the company. Then, that balance is used to cover your energy costs.

Wylie electric rates in my area

Rates can change based on where you live, even changing by ZIP code. Rates vary based on the utility in the area because of supply charges, taxes, other fees, and delivery charges. That means it’s vital to check your local rates. Start searching for the best Wylie electricity rates around you by entering your ZIP code above.

Wylie commercial electricity rates 

Deregulation has an impact on business energy. Businesses also need to shop around for the best electricity rates near them. To make this task easier, call Choose Texas Power to start the quote process. Or get started by completing this form.

Green energy plans in Wylie

Texas sits as a national leader in green energy. It ranks number one for providing wind power. Texas is in the top five for solar energy. All Texas electric plans provide a percentage reading of the power that comes from renewable energy. 

Bear in mind that only four providers in Texas offer totally renewable energy currently. Those companies are Gexa Energy, Green Mountain Energy, & Chariot Energy. 

Confused about deregulation?  

Deregulation means more details in the market like types of plans, fluctuating bills, and which companies provide your power. You can find some resources below that can help you understand Texas’ energy market:

• No-deposit electricity
• How to switch providers
• Understand your electricity bill
• Guide to choosing a provider
• The Current (our blog)

When you understand more about the marketplace, feel free to put in your ZIP code to start looking for the best Wylie electricity rates.

Wylie energy FAQs

How do I choose an electrical company?

Start by searching for which company has the best plans for your situation. For instance, some companies have more renewable energy sources, while others may offer fixed-rate plans with favorable rates. By entering your ZIP code above, you can find the best electrical companies in your area.

Which energy plan is the best?

That also depends on your situation and what you are looking to get out of a plan. If you like a fixed monthly rate, you’d want to find a fixed-rate plan. If you want more flexibility, you might go with a variable-rate plan. Renewable energy plans and no-deposit plans might also be priorities for some people.

Is prepaid energy better?

Prepaid plans can be better if you like more flexibility and can plan ahead in your monthly budget. You pay into your account, and companies will often notify you once your account is getting low. It’s a sort of set-it-and-forget-it option, that is until you need to put more money into the account. If you don’t have room in your monthly budget for sudden surprises, like adding money to your electric payment account, this might not be the best option. Many of these plans can be dependent on credit checks, too.  

Who has the best electricity rates in Texas?

That tends to vary based on factors like current energy costs and promotions. It pays to check who has the best rates at different times. 

Updated: 06/29/2021