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Your insider’s guide to finding the best electricity rates and energy plans in McKinney
Whether a new resident or a long-time homeowner, this comprehensive guide helps you search for affordable electricity in McKinney.
McKinney Electricity Rates
You have the power to choose your home’s electric provider in McKinney.
In 2009, ComparePower started helping McKinney residents find energy plans without a finder’s fee.
ComparePower users need not contact energy companies for quotes because the site’s standardized search results feature updated rates.
These search results consider the base rates, taxes, and charges associated with each quote without clever gimmicks or hidden fees.
61 McKinney Electric Rates
These live rates for ONCOR ELECTRIC DELIVERY COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Instantly compare competing McKinney electricity companies
Instantly compare competing McKinney electricity companies
Electricity Price Trends in McKinney
The Texas State Legislature approved the deregulation of the state’s electricity industry in 2002. The legislature’s decision eliminated energy monopolies for most communities across the state.
Why is this important for a McKinney resident or business owner? A deregulated energy market means that up to 100 companies compete for business in your community. This competition translates into lower monthly rates on energy plans.
Now is the time to shop and switch energy plans. ComparePower gathers quoted rates on hundreds of plans available to McKinney residents. With a few clicks, you can save hundreds of dollars each year on your energy bill by leveraging the benefits of a deregulated market.
Average Electricity Rates in McKinney
Updated February 2024
The average residential electricity rate in Texas is 14.61 ¢/kWh, 9% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to Find the Best Energy Plan in McKinney
Knowing your usage is the number one rule for finding your best energy plan. Why is this important?
Energy companies in McKinney use a single monthly usage rate to determine the quoted price per kilowatt-hour (kWh). This works well if you use that amount of electricity each month because the quote will match your monthly bill.
The problem comes when your home uses more or less electricity than the quoted rate. Homeowners may be shocked when their monthly bills are much higher than the quoted rate.
ComparePower simplifies the process by using your usage rate to customize quotes. You’ll see quoted electricity rates based on your usage rather than monthly usage.
Before heading to ComparePower, it is important to determine your monthly electrical usage. Your zip code and usage are the keys to affordable energy rates in an instant. Once you find the best rate, you can complete your new contract on-site.
If you don’t have your exact monthly usage, you should estimate to the best of your ability. An estimated rate is a better approach than accepting the first plan you find in McKinney.
Use ComparePower to find the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to McKinney: Setting up Electricity
Thanks to the 2014 Money Magazine designation as America’s Best Place to Live, McKinney has attracted new residents for years. This designation was gained thanks to a thriving economy, good schools, and affordable housing. Finding affordable energy can make McKinney an even better place to live.
New homeowners setting up electrical service in McKinney should obtain the previous year’s energy usage for their properties.
Contact your home’s previous owner to find usage rates for the last 12 months. This process can take some research, but your budget will thank you for the effort.
ComparePower’s “Help Me Choose” tool is an alternative to exact monthly usage. This tool lets you enter your zip code and evaluate your new home’s needs.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching Electricity Companies in McKinney
You shouldn’t wait until the end of your energy contract to search for a new provider. The end of your contract could mean an increase in your monthly energy bill. The time is now to search for affordable power in McKinney.
The benefits of switching your energy plans include:
- Avoiding a break-up call with your current provider because your new provider will handle the transition.
- Taking advantage of the 14-day window to cancel your plan early without penalty under state law.
- Determining if an early cancellation penalty is worthwhile because your new plan offers significant monthly savings.
Switching your energy plan only takes minutes, and you need not worry about losing power because the power lines stay the same.
Before switching, check your usage rates to get the most accurate quote from ComparePower.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
McKinney Energy Companies
Looking for a great electric company in McKinney?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
Click on the company of your choice to view rates, learn more, or sign up.
|Energy Companies in McKinney
|New Power Texas
No-Deposit Electricity Plans in McKinney
A deposit on an electricity plan in McKinney may be required if you are a new customer with a provider. However, it is a buyer’s market for energy plans in Texas, and you never need to settle for paying a deposit to power your home.
ComparePower shows you no-deposit plans among the many plans listed in search results. Each plan indicates deposit requirements, so you aren’t caught off guard.
After finding a no-deposit plan, you can complete the signup without leaving the site in minutes.
Learn how to get no-deposit lights in Dallas.
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
McKinney Business Electricity Plans
The deregulated energy market in Texas can be a lifesaver for small businesses. Companies in McKinney can select their energy provider and shop around for affordable electrical rates. This ability to compare allows entrepreneurs to keep costs low and serve their customers.
ComparePower facilitates a sealed bid process from commercial energy providers through its website. This process means that providers are offering their best rates to business owners.
Once you find the right bid for you, selecting a plan and switching contracts from a single site is possible. You can complete this process in minutes and get on with your day.
Click here to get competing quotes for your business electricity.
To learn more about smart meters or to download your electricity usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in McKinney, call or visit the Oncor Utility company: 1-800-242-9113
For gas service in McKinney, call or visit ATMOS Energy at 1-888-286-6700.
In McKinney, garbage, sewer, and recycling services are included with your water utilities bill from the City of McKinney.
The City of McKinney’s Public Works Department is a public utility owned by the City of McKinney, TX.
Customer Care: 972-547-7550
Hours of operation: Monday – Friday, 7:45 am – 5 pm.
Other Utility Service Areas in Texas
Not in the Oncor Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View Electricity Prices for Zip Codes in McKinney
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
View Electricity Prices for Cities Near McKinney
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
- Houston, TX
- Dallas, TX
- Fort Worth, TX
- Spring, TX
- Richmond, TX
- Cypress, TX
- Humble, TX
- Midland, TX
- Plano, TX
- Round Rock, TX
- Pearland, TX
- Katy, TX
- Katy, TX
- Pflugerville, TX
- Mesquite, TX
- Laredo, TX
- Killeen, TX
- Carrollton, TX
- Odessa, TX
- Irving, TX
- Grand Prairie, TX
- Katy, TX
- League City, TX
- Mansfield, TX
- Missouri City, TX
- Mission, TX
- Sugar Land, TX
- Mcallen, TX
- Tomball, TX
- Temple, TX
- Baytown, TX
- Waxahachie, TX
- Lewisville, TX
- Rosharon, TX
- Katy, TX
- Hutto, TX
- Tyler, TX
- Grapevine, TX
- Magnolia, TX
- Harlingen, TX
McKinney Electricity Rates FAQs
Who has the cheapest McKinney Electricity Rates?
There are over 60 electricity providers with hundreds of energy plans. When shopping for the cheapest rate, take your home’s kilowatt-hour usage into account. The best way to find the best rate for your home is to compare energy plans according to your usage. Find the right energy plan for your kWh usage with ComparePower.
How do I find the best McKinney Electricity Rates?
Picking the wrong energy plan without knowing your home’s energy usage can cost you hundreds or thousands of dollars. Compare energy plans and electricity rates with your home’s electricity usage profile to find your best rate. Shop with your usage on ComparePower and save both time and money.
Support You Can Count On
Questions? Our local experts can help you navigate options and find the best electricity plan. Reach out to us.