Your insider’s guide to finding the best electricity rates and energy plans in McKinney, Texas
Whether you are a new resident or a long-time homeowner, this comprehensive guide helps with your search for affordable electricity in McKinney, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section to jump directly to it:
- McKinney Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in McKinney (average kWh price chart)
- How to find the best energy plan in McKinney (know your usage!)
- Moving to McKinney: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in McKinney (how to choose the best plan)
- McKinney Energy Companies
- No-Deposit Electricity Plans in McKinney
- McKinney Business Electricity Plans
- McKinney Utilities (and how to report a power outage)
McKinney Electricity Rates Table
You have the power to choose your home’s electric provider in McKinney, Texas.
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 take into account the base rates, taxes, and charges associated with each quote without clever gimmicks or hidden fees.
89 McKinney Electric Rates
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in McKinney
The Texas State Legislature approved 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, Texas
This chart is compiled using data from the U.S. Energy Information Administration (EIA.GOV).
The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh).
There are fixed-rate plans for McKinney residents on ComparePower with rates as low as $0.10.
How to find the best energy plan in McKinney
The number one rule for finding your best energy plan is to know your usage. Why is this important?
Energy companies in McKinney use a single monthly usage rate to determine the quoted price per kWh. This works well if you use that exact 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 the single monthly usage rate.
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 stay on site to complete your new contract.
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.
Moving to McKinney: Setting up Electricity
McKinney has attracted new residents for years thanks to the 2014 Money Magazine designation as America’s Best Place to Live. This designation was gained thanks to a thriving economy, good schools, and affordable housing. You can make McKinney an even better place to live by finding affordable energy.
New homeowners setting up electrical service in McKinney should obtain the previous year’s energy usage for their properties.
Get in touch with your home’s previous owner to find usage rates for the last 12 months. This process can take a little 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 allows you to enter your zip code and evaluate your new home’s needs.
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 making the switch, check for your usage rates to get the most accurate quote possible from ComparePower.
If you are unsure email us your latest energy bill and one of our team members will get back to you promptly with your best options.
McKinney Energy Companies
Looking for a great electric company in McKinney?
You can sign up for service with some great companies such as TXU Energy, Reliant, Direct Energy and more.
Click on the company of your choice to view rates, learn more, or sign up.
| Energy Companies in McKinney | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Amigo Energy | 866-526-7192 |
| Direct Energy | 855-307-6915 |
| Green Mountain | 844-854-2257 |
| Discount Power | 855-236-1309 |
| Reliant | 855-887-2194 |
| Tara Energy | 866-217-5179 |
| Frontier Utilities | 866-763-5084 |
| Cirro Energy | 844-417-7179 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| Payless Power | 855-854-8482 |
| Pulse Power | 888-853-4522 |
| New Power | 866-448-2720 |
| Just Energy | 866-586-3564 |
No-Deposit Electricity Plans in McKinney
A deposit may be required on an electricity plan in McKinney if you are a new customer with a provider. It is a buyer’s market for energy plans in Texas, however, 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 features an indication of deposit requirements so you aren’t caught off guard.
After finding a no-deposit plan, you can complete sign-up without leaving the site in minutes.
Deposit Waivers
You may be eligible to have the deposit waived if you meet one of the following criteria.
A residential customer or applicant may be deemed as having established satisfactory credit if:
- The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric service; is not delinquent in payment of any such electric service account, and during the last 12 consecutive months of service was not late in paying a bill more than once.
- The customer or applicant possesses a satisfactory credit rating obtained through a consumer reporting agency, as defined by the Federal Trade Commission.
- The customer or applicant is 65 years of age or older and the customer is not currently delinquent in payment of any electric service account.
- The customer or applicant has been determined to be a victim of family violence.
- The customer is medically indigent.
The requirements above are directly from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Note: For any of the situations above, you must first complete your order an energy plan on ComparePower before you can obtain a waiver for your deposit.
After you’ve placed your order, you will receive an email with instructions as well as contact information for your new energy company.
Important: You must send your waiver information by email, phone, fax or mail to your new energy company (not to ComparePower).
As soon as your energy company receives your documentation, they will let you know that they’ve sent a request for your energy service to begin.
Remember, your energy company will not start your electric service until you satisfy any deposit requirement (you pay or receive a waiver).
If you have any questions on deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
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 comparison shop 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, it is possible to select a plan and switch contracts from a single site. You can complete this process in minutes and get on with your day.
Click here to get competing quotes for your business electricity.
McKinney Utilities
Electricity
To learn more about Smart Meters, or to download you 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
Gas
For gas service in McKinney, call or visit ATMOS Energy at 1-888-286-6700.
Garbage/Recycling Pickup
In McKinney, garbage, sewer, and recycling services are included with your water utilities bill from the City of McKinney.
Water
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 a.m. – 5:00 p.m.
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.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View electricity prices for Zip Codes in McKinney, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
75069 75070 75071
View electricity prices for cities near McKinney, Texas
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.
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