Prosper electricity rates and energy plans
If you’re a long-time resident, a new mover, own a business, or need no-deposit electricity, this complete guide will help you determine your ideal electricity plan in Prosper, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section to jump directly to it:
- Prosper Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Prosper (average kWh price chart)
- How to find the best energy plan in Prosper (know your usage!)
- Moving to Prosper: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Prosper (how to choose the best plan)
- Prosper Energy Companies
- No-Deposit Electricity Plans in Prosper
- Prosper Business Electricity Plans
- Prosper Utilities (and how to report a power outage)
Prosper Electricity Rates Table
You have the power to choose your home’s energy provider in Prosper, Texas.
ComparePower is a free consumer service established in 2009 to assist residents of Prosper searching for their best energy plan.
These official rates are the identical prices you’ll find calling the energy companies or visiting them online.
Plans from a number of different electricity providers are shown in a convenient format that makes evaluating alternatives simple and quick.
This assures Texas consumers avoid hidden fees and advertising gimmicks by comparing plans “apples-to-apples” without wasting hours and hours making phone calls or sorting through hundreds of different web sites.
77 Prosper 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 Prosper
Energy in Prosper, Texas, has been deregulated. As a consumer of energy, you have a choice when it comes to selecting a retail electricity provider (your energy provider), which gives you control and power over your energy bills.
Deregulation of electricity in the state de-monopolized the energy market for the majority of Texas, the city of Prosper included, which introduced lots of competition.
As a result, many fantastic energy companies compete for your business in Prosper by offering low-prices, making it a great time to compare, switch, and save money on your energy bill.
As many as 100+ energy companies compete for your business in Prosper and there are hundreds of plans to select from.
Average Electricity Rates in Prosper, 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 Prosper residents on ComparePower with rates as low as $0.07
How to find the best energy plan in Prosper
#1 rule: Know Your Usage!
Determining the amount of electricity you will use monthly is the best way to find a deal on electricity in Prosper. Why is this so vital?
The “price per kWh” you see energy providers advertising is for an exact monthly usage (usually 2000 kWh).
Every plan uses a different equation for how your monthly bill is determined, and your monthly bill will be determined by how much energy you consume in each month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you saw when you enrolled.
Thankfully, there’s a better way to choose your energy plan.
Calculating your total monthly bill based on anticipate monthly usage, then comparing options by total monthly cost, is the best way to shop for the best rate for you.
Better still, if you have 12 months of usage history for your home, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between summer and winter months and is the ideal way to find the right energy plan for your home.
ComparePower does all this math for you instantly. What could take you hours inside a spreadsheet is now done in just moments.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans and assist you step-by-step to the energy plan that’s best for your home’s consumption.
We clarify the details, disclosing all fees and charges, so you’ll know exactly where your money is going and what to expect on your bill.
We then help you in signing-up with your chosen power provider without leaving our service.
The bottom line is you must know your expected or historical usage before picking the best electricity plan for your home.
If you don’t know your usage, estimate
If you recently purchased a home or business, or you cannot obtain 12-months of usage history, you can always estimate the average amount of energy that you will use in any given month.
While not as optimal as having all previous 12-months of usage, estimating your average usage is better than blindly picking the first plan you see advertised by an energy company at a specific usage that isn’t what you’ll consume.
Use ComparePower to shop for the best electricity plan for your specific usage.
Moving to Prosper: Setting up Electricity
If this is your first time setting up electricity service in Prosper, to get the best rate you need to get the previous 12-months of energy usage for your new home.
Ask the previous home-owner to provide you with their past 12-months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12-months, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing our “Help Me Choose” tool. By simply entering your zip code the tool will be able to assess your home’s projected electricity consumption.
Sign-up for a plan in minutes through ComparePower. We will remind you when its time to come back to switch and save at the end of the plan length you decide on.
Switching electricity companies in Prosper
Switching is good. Market conditions are always changing, so it is essential to shop for a lower price each year when your contract is about to expire.
Your existing energy company will typically raise your electricity rate once your contract expires. If you fail to take action, you’ll be left on a month-to-month rate that is significantly higher than the plan you signed up.
Before renewing your contract make sure to shop the rates of competing electricity companies.
Switching can save you hundreds or thousands of dollars each year on your electricity bill.
Switching is easy:
- You don’t have to call your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your power supply
- It takes just minutes
When you decide to switch, your new electricity provider will handle everything for you including canceling service with your previous company.
There is no loss of power when you switch. Electricity in Prosper is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch electricity providers. Therefore the reliability of your service is not affected.
You can pick any date up to 14 days early of your current contract’s end date without an “early termination” penalty. That’s Texas Law.
If you’re still under contract, check how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching providers may outweigh the fee to break your existing contract.
If you are unsure email us your latest energy bill and one of our team members will respond to you promptly with your best options.
If you’re ready to switch and would like to know how to find the best plan remember that knowing your usage is the best way to find the truly best rate.
Keep in mind that when you get ready to switch, and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Prosper Energy Companies
Are you trying to find an excellent electricity company in Prosper?
You can sign up for service with great companies such as TXU Energy, Reliant, Direct Energy and more.
To sign up, learn more, or view current rates, click on the company of your choosing.
| Energy Companies in Prosper | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Champion Energy | 877-653-5090 |
| Direct Energy | 855-307-6915 |
| First Choice Power | 888-458-6877 |
| Green Mountain | 844-854-2257 |
| Discount Power | 855-236-1309 |
| Reliant | 855-887-2194 |
| Frontier Utilities | 866-763-5084 |
| Cirro Energy | 844-417-7179 |
| Constellation | 855-798-2889 |
| TXU Energy | 866-603-1533 |
| Payless Power | 855-854-8482 |
| Pulse Power | 855-652-1045 |
No-Deposit Electricity Plans in Prosper
If you need to find an energy plan in Prosper that requires no deposit, we can help.
If charged a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more clicking around and calling electricity providers to find out if a deposit is needed.
Working for you, we will instantly review any deposit obligations for other plans, allowing you to get power and return to your every-day activities stress-free.
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.
Prosper Business Energy Rates
If you run a company in Prosper, you’re not alone.
Prosper is home to a significant number of small and large businesses and is a thriving place to run a company.
To lower your electricity bill, you need to compare prices from competing energy companies.
ComparePower bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You submit your information on ComparePower and the companies will present their bids. You to pick the best price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Prosper Utilities
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 Prosper, visit the Oncor website or call them at 1-800-242-9113.
Gas
For gas service in Prosper, call or visit Prosper official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Prosper, water, garbage, sewer, and recycling services are usually handled by the City of Prosper.
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.
View electricity prices for Zip Codes in Prosper, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
75078
View electricity prices for cities near Prosper, Texas
Are you searching for a lower electricity rate in a different city? If so, you can find the location below, and then click to sign up for a more affordable 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
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