Your insider’s guide to finding the best electricity rates and energy plans in Plano, Texas
Whether you’re a long-time resident, just moved to the area, a business owner or if you’re looking for a plan that offers no deposit power, our complete guide will help you find the best energy plans in Plano, TX.
If you are thinking of moving or are simply just not happy with your electricity plan, there are plenty of options out there. But which one is best for you?
This article will go over various energy plans and electricity rates so that you can make the best choice for your home or business. No deposit energy plans and same day power are available.
Time to read: about 7 min
Sections in this guide:
Click on a section to jump directly to it:
- Plano Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Plano (average kWh price chart)
- How to find the best energy plan in Plano (know your usage!)
- Moving to Plano: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Plano (how to choose the best plan)
- Plano Energy Companies
- No-Deposit Electricity Plans in Plano
- Plano Business Electricity Plans
- Plano Utilities (and how to report a power outage)
Plano Electricity Rates Table
If you’re unhappy with the electricity plan you currently have in Plano, TX, you have the power to choose another plan.
ComparePower is a free consumer service that provides the residents of Plano with information on finding the best electricity plans.
We take the legwork out of finding the best energy plans by providing all the information in one easy to use service and presenting offers from different companies in a simple, standardized format.
Customers who use ComparePowercan avoid gimmicks and hidden fees by having the necessary information presented to them in one place.
76 Plano 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.
Instantly compare competing Plano electricity companies
Instantly compare competing Plano electricity companies
Electricity Price Trends in Plano
Electricity in Plano, TX is deregulated. This gives residents the power to choose a company that offers the best service and cheapest rates.
Because electricity plans in Texas are deregulated, all cities of Texas, including Plano, can benefit from a competitive market.
Electricity providers compete to offer the lowest rates, therefore, consumers must shop around for the company that will help them to save the most on their electric bills.
In fact, there are 60-100 energy companies competing for your business in Plano alone.
Average Electricity Rates in Plano, 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 Plano residents on ComparePower with rates as low as $0.07.
Enter your zip code to compare Plano energy plans and rates
How to find the best energy plan in Plano
#1 Rule: Know Your Usage!
In order to find the best electricity rates in Plano, it’s important to know your average monthly usage.
Electricity providers advertise their rates in a price per kWh format (usually 2000 kWh). This is a usage point that may not be relevant to all customers.
Different plans have different calculations for how your bill is determined and your bill will vary depending on how much electricity you use each month.
Unless you are matching the advertised usage each month exactly, you will end up paying a price per kWh that is different than the one that was originally advertised.
So how do Plano residents solve this problem? ComparePower can help!
The best way to find the cheapest electricity rates is to start by finding your average monthly usage and then comparing the competing plans.
ComparePower makes all of this easy.
Instead of doing hours of research to find the best plan for you, ComparePower does all the work for you, providing solutions at your fingertips.
We will also disclose all fees and charges the electricity companies may be required, so there are no surprises down the line.
You will even have the option of actually signing up for the energy plan you choose, all without ever having to leave the ComparePower website.
However, it is mandatory that you know the estimated monthly usage for your household before proceeding. Not sure how to get this number? Read on to find out what you can do.
If you don’t know your usage, estimate
We understand that not every homeowner will be able to figure out their average monthly electricity usage. If this is the case, do your best to estimate what you think your usage might be.
It is always best to have an accurate number for your average monthly usage, but an estimated number is better than not having any number at all. Without having an idea of your monthly usage, you may end up choosing an electricity provider offering a plan at a specific usage that you don’t consume.
Moving to Plano: Setting up Electricity
Part of the Dallas-Fort Worth area, Plano, TX is located twenty miles northeast of Downtown Dallas. It has a population of 286.057 making is the ninth largest city by population in Texas.
Plano has a humid, subtropical climate with typically hot summers and mild winters.
The city contains a number of parks and recreational facilities as well as many private and public schools and universities.
Some must-see sites the area offers include Plano Station, Texas Electric Railway, and the Heritage Farmstead Museum.
Important: If this is your first time setting up electricity service in Plano, to get the best rate you need to get the previous 12-months of energy usage for your new home.
If you are moving, you have a lot on your mind. Getting settled, finding nearby schools and grocery stores and navigating the area are just some of what you need to be thinking about. Finding the best electricity rates should be the least of your problems.
It may be difficult for you to estimate what your monthly electricity usage will be if you’re just moving into a new home. It can be helpful for you to have the previous owner provide you with their 12 months of usage. This can be found on their most recent bill.
Although it may be difficult for you to find your average monthly usage, obtaining this information will be worth the efforts.
Once you are able to provide this information to the ComparePower web site, they will be able to help you find a plan that works best with your average monthly usage instantly.
Note: If you are unable to find your exact monthly usage, ComparePower can help you find a good estimation of what this might be. This can be done through the use of the ‘Help Me Choose’ tool which will be available once you’ve entered your zip code into the site.
ComparePower will not only help you find a plan instantly, we’ll also alert you as to when you’re at the end of your plan term. You might want to come back and look into switching energy companies at this time if you don’t think you’re getting the best savings with the plan you currently have.
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 Plano
Some people might be seeking the lowest electricity rates when moving into the Plano area. Others might be looking into switching energy companies because they don’t feel they are getting the cheapest rates possible.
Your electricity company may raise your rates when your contract expires, so it is a good idea to start looking into alternatives right before this happens.
Before your contract expires, shop around to see which electricity providers are offering the lowest rates before you decide to renew. For some, finding a cheaper plan can end up saving them quite a bit of money.
Switching is easy:
- You don’t have to call your current company to cancel (no “break-up call”)
- No one comes to your home.
- There is no disruption in your power supply.
- It takes just minutes
Some may think that switching energy companies will be a hassle, but actually, the process is quite easy. Let’s explore some of the popular myths associated with switching.
The break-up call: Don’t worry about having to tell your company why you are dissatisfied with their service. Your new electric provider will handle all of that for you!
No loss of power: In Plano, TX, here’s how it works: all power is distributed by Oncor Transmission and Distribution Utility. The wires and poles that are being used will remain the same, no matter who your provider is. Therefore, no one comes to your home and you never have to deal with a loss of power.
Also, Texas law protects you so that you never get an early termination penalty as long as you cancel service within 14 days before your contract expires.
What If I’m in a long-term contract? If you’re on a long-term contract, check how long you will be in that contract for. Some electricity providers will allow you to set a start date as far as 60 days in the future.
Also, compare your early termination fee to the amount you’ll be saving by switching. Your savings may be enough that they will more than make up for that fee. If you’re not sure whether this is the case for you, you can email ComparePower a copy of your bill and they will be able to guide you in making the best choice.
Know your monthly usage: Again, we can’t stress enough how important it is to know your monthly usage before using Compare Power to find the best plan for you.
Be sure to gather information to determine 12 months of usage before making a decision.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Plano Energy Companies
There are a lot of great energy companies to choose from in the Plano area.
These include TXU Energy, Reliant, Direct Energy and more.
You can click on the companies to learn more about them, compare their rates and even sign up with them!
|Energy Companies in Plano||Phone Number|
|First Choice Power||888-458-6877|
No-Deposit Electricity Plans in Plano
We know that some customers require a no deposit electricity plan in Plano.
ComparePower makes finding no deposit plans easy. If a deposit is required on the first plan selected, the site will show you some no deposit alternatives.
You don’t have to spend a lot of time researching no deposit options. ComparePower will automatically show you what choices you have.
At ComparePower, we understand you shouldn’t have to pay a deposit to have your lights turned on. We give you easy solutions so you can get your lights turned on and get on with your life.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
We can see to it that you get your lights turned on the same day and that there is no deposit necessary.
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: If any of the above situations pertain to you, you must first complete your energy plan order on ComparePower before obtaining a waiver for your deposit.
Once this process is complete, you’ll get an email with instructions and contact information for your new energy provider.
Important: Once completed, you can send your waiver to your energy company via phone, email or fax. The waiver should not be sent to ComparePower.
Once the company receives your documentation, they will let you know they sent in a request for your service to begin.
Your electricity provider will not begin service until you have meant your deposit requirement (whether that is a waiver or a payment).
If you have any other questions concerning your deposit, please do not hesitate to contact us. One of our team members will get back to you to address any concerns you may have.
Plano Business Electricity Plans
If you are thinking of starting a business in Plano, you’ve come to the right place.
Businesses and residents in Plano enjoy a high quality of life due to their educated workforce, world-class real estate, talented people and excellent school system.
There are many well-known companies headquartered in Plano including Pizza Hut, JC Penney, Frito-Lay, and Rent-A-Center.
The deregulation of electricity works in a business owner’s favor. A competitive market requires that electricity providers work for you, by offering the cheapest rates.
We know as a business owner, you may not have time to shop around to find the best rates. Compare Power makes it easy.
Because energy at scale is our main focus, we may be able to find you better rates than you are able to find on your own.
Also, we realize that a lot of energy companies will not sell directly to a business without the help of a commercial energy broker.
With Compare Power, a commercial energy broker is not necessary. We invite companies to compete for your business in a sealed bid process.
All you have to do is submit your information and we can begin the bidding process for you. Once this is done, all you have to do is select the best rate. The process is simple and easy.
Click here to get competing quotes for your business electricity.
To download your Electricity Usage or learn about Smart Meters, visit Smart Meter Texas.
To report power outages or issues with electricity services in Odessa, call or visit the Oncor Utility company: 1-800-242-9113
For gas service in Plano, call or visit ATMOS Energy at 1-888-286-6700.
Customer Care: (972) 941-7105
Hours of operation: Monday – Friday 8:00 a.m. – 5:00 p.m.
Emergency Service during business hours: (972) 769-4160, Emergency Service after business hours: (972) 727-1623, call if you suspect a water main break, water leak, sewer overflow, or water contamination.
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.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for Zip codes in Plano, Texas
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 Plano, 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.
- Houston, TX
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Laredo, TX
- Missouri City, TX
- Loraine, TX
- Harlingen, TX
- Edinburg, TX
- Richmond, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Friendswood, TX
- Dickinson, TX
- Grand Prairie, TX
- Humble, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Eden, TX
- Carrollton, TX
- Austin, TX
- Belton, TX
- Baytown, TX
- San Benito, TX
- Mansfield, TX
Don’t see your city or zip code? Enter your zip code below to search for your new low rate: