A Complete Guide to the Best Electric Company in Plano, Texas
Living in areas with deregulated electricity has its perks. This includes the freedom to choose your electricity plans, thus giving you more control over your electricity expenses. You can also easily switch to a different power provider whenever you want. However, finding the best energy plan can be challenging. To make your task easier, we’ve come up with a comprehensive guide on choosing the electricity provider and electricity plan that suits your needs.
Plano Electricity Rates
Piano electricity rates vary according to the electric companies offering the energy plans. That means you can save on your utility bills even if your monthly electricity usage remains the same. Just look for the cheapest rates among the different electricity providers. Enter your zip code on Electricrate’s website and browse the plans of the energy companies in the area.
Here are some of the plans with the most competitive rates.
|Plan Name and Company||Plan Length||Electric Rate|
|Super Value 12 (Frontier Utilities)||12 months||$0.081 per kWh|
|Maxx Saver Bundled 12 (4Change Energy)||12 months||$0.081 per kWh|
|Saver Deluxe 12 (Gexa Energy)||12 months||$0.081 per kWh|
|Frontier Super Value 24 (Frontier Utilities)||24 months||$0.086 per kWh|
|Gexa Saver Deluxe 24 (Gexa Energy)||24 months||$0.087 per kWh|
|Base Saver III (Tara Energy)||12 months||$0.089 per kWh|
|Entrust 18 (Entrust Energy)||18 Months||$0.097 per kWh|
|Power of Texas 18 (Power of Texas)||18 Months||$0.097 per kWh|
|Free Energy 12 ($Change Energy)||12 Months||$0.099 per kWh|
|Entrust 12 (Entrust Energy)||12 Months||$0.100 per kWh|
|Power of Credit 12 (New Power Texas)||12 Months||$0.103 per kWh|
|Real Deal 36 )TriEagle Energy)||36 Months||$0.104 per kWh|
|Smart 12 (Veteran Energy)||12 Months||$0.105 per kWh|
|Flash 12 - with Auto Pay (Express Energy)||12 Months||$0.105 per kWh|
|Power Plus 12 (Just Energy)||12 months||$0.108 per kWh|
|Smart Simple 12 (Cirro Energy)||12 months||$0.113 per kWh|
|Smart Edge 12 (TXU Energy)||12 months||$0.119 per kWh|
|Truly Fixed Price (Amigo Energy)||36 Months||$0.125 per kWh|
|Green Saver 36 (Chariot Energy)||36 Months||$0.128 per kWh|
|Live Brighter 36 (Direct Energy)||36 Months||$0.128 per kWh|
Plano Electricity Providers
You have a wide range of options for Plano energy plans. But aside from the electricity rates they offer, it would be wise to consider their reputation. To take the legwork out of the daunting task of researching so many energy providers, we’ve come up with this list of reputable energy companies in the area.
This is one retail electricity provider with a long history. TXU Energy started as Dallas Electric Lighting Company way back in 1882. It is now one of the more popular electric companies in Plano, Texas. TXU Energy offers some of the cheapest electricity rates in the area. Aside from that, this energy provider is tops when it comes to customer support. It’s known for its quick transfer set-up, which can sometimes give you energy service on the same day you applied.
This is another energy provider that has been around for quite a while. Constellation Energy began operations in 1998, before the energy deregulation in Texas’ electricity. Now, it is among the electric companies that offer reasonable Plano electricity rates. It has a wide range of electricity plans in its portfolio you can choose from, so you’re sure to find the best fit.
Do you move around a lot and don’t want to get tied down to a long contract term? Then Express Energy’s prepaid plans might suit you best. But that’s not all this company offers. They also have renewable energy plans, fixed-rate and variable-rate ones. Their innovative options, such as online payment and energy use trackers, let you manage your energy bills and usage with ease.
The company’s “no-gimmick” electricity rates are one of its selling points. Pulse Power‘s straightforward energy pricing lets you avoid bill shock. That’s because you can easily estimate your upcoming electricity bill based on your energy usage. Pulse Power lets you switch away with their 90-Day Perfect Plan Guarantee if you’re not happy with your current electricity plan.
Frontier Utilities is often listed as among the companies that offer plans with the most affordable Plano electricity rates. The company also makes it easier for consumers to choose the electricity plan that fits their needs. How? By having a portfolio of energy plans with varying usage levels. Each of those plans provides the best electricity rates in Plano, Texas. These include prepaid and renewable energy plans.
Are you into helping the environment? Then, Gexa Energy is one of the electricity providers you can consider. Aside from a portfolio of fossil-fuel-sourced electricity plans, the company also offers 100% renewable energy plans. Signing up for these will help reduce your carbon footprint and help hold back global warming. Aside from having some of the more competitive electricity rates in Plano, Gexa Energy also pays it forward to the community by donating to charitable causes.
Types of Plano Electricity Plans
Plano electricity rates may be among the most competitive in the Lone Star State, but you can still leverage the affordable power pricing. By reviewing the types of electricity plans available in the area, that’s how. A deregulated energy market gives you the power to choose which plan type will help lower your energy costs. All you have to do is enter your zip code on Electricrate’s website to access the information you need.
Many companies offer fixed-rate energy plans in Plano, Texas. With this plan type, you pay a fixed rate every month. That’s regardless of the price of electricity in the market. A fixed-rate energy plan lets you quickly estimate your electricity expenses. However, you usually have to pay an early termination fee if you switch away from your chosen energy plan before the contract’s end.
Unlike fixed-rate energy plans, variable-rate ones don’t offer price stability. With this electricity plan, how much you pay per kWh depends on the price of electricity on the market. When the per kWh rate goes up, so does your utility bill. So expect your power expenses to fluctuate every month.
Most energy companies require consumers to pay a deposit before providing electricity service. They also do credit checks to determine your credit score. Opting for a no-deposit electricity plan will let you sidestep these requirements. Fortunately, this type of energy plan in Plano is readily available to power consumers.
Renewable Energy Plan
The earth needs all the help it can get. With global warming, a genuine threat, using an electricity plan coming from renewable sources is a wise decision. As the name implies, this plan type relies on self-replenishing and green sources of energy instead of fossil fuels. Enter your zip code to find Plano electric companies that offer green energy plans.
Business Energy Plans
One of the goals of deregulation is to lower electricity prices for business consumers. You can compare electricity rates to find one that fits your budget. Fortunately, Plano’s average commercial electricity rate is 7.8 cents per kWh. That’s 31% lower than the country’s average.
Factors That Affect Electricity Rates
Your power usage is not the only factor that dictates the amount of your monthly bill. The price of electricity significantly affects your energy expenses. In turn, the rates offered by the different electricity companies are influenced by other considerations.
Electricity is typically generated by burning fossil fuels, which are notorious for price volatility. Even events taking place halfway across the globe can trigger a surge in the price of these fuels. Unfortunately, how much you pay for your power consumption can also increase as a result.
Power Plant Prices
Electricity is produced in power plants. Now, these plants don’t grow on their own. They need to be built, operated, and maintained, which requires a substantial amount. To recoup the money spent on such activities, the capital outlay gets factored into the price of electricity.
Transmission and Distribution Area System
The electricity generated by the power plants needs to get to Plano residents to be of any use. A transmission and distribution system must exist for that to happen. Like power plants, constructing and maintaining the infrastructure that delivers electricity to consumers requires a substantial investment. Some of the amounts is passed on to electricity consumers and is reflected in the per kWh rate.
Your zip code area also determines the price you pay for electricity. That’s due to the existing regulations in your locality that may push power rates up or down. Because of deregulation, competition among the different electricity companies is the main driving force of energy prices in Plano.
The climate in Plano tends to be hot and humid during the summer months and relatively cold during the winter season. Those extremes in temperature can lead to high electricity demands either for air conditioning or heating. Following the law of supply and demand, expect to pay more for your electricity consumption during those months.
Energy Deregulation: What Is It and Its Effect on Plano Electricity?
People everywhere, including those who live in Texas, use electricity in their daily activities. Sometimes, something as simple as washing your hands requires electricity (for hot water). With the way power rates are increasing, you need to ensure that your electricity plan gives you the most bang for your buck.
Because of deregulation, Plano residents can take their pick of electricity plans with the best energy rate. Switching to a different energy supplier for better rates and service is also a breeze. This gives power consumers the opportunity to manage their electric bills better.
How To Lower Your Electricity Bill and Carbon Emissions?
Reducing your energy consumption provides a two-fold benefit. It lowers your power expenses and minimizes your home’s carbon emissions. Consider switching to an energy plan with cheap electricity rates to drive down your energy bill. When it comes to shrinking your carbon footprint, powering your home with a 100% renewable energy plan is your best option. The good news is that these plans sometimes have lower rates than fossil-fuel-sourced electricity.
If you typically consume around 1000 kWh of electricity per month, converting to a green energy plan will cut about 1,300 pounds of carbon emissions that would otherwise come from your home in one year.
Utility Companies vs Energy Providers
It can be quite confusing to determine the difference between a utility company and an energy provider. Some consumers even think that those terms mean the same thing. Well, they don’t.
Utility companies deliver electricity to your home. They also maintain the infrastructure that makes it possible for electric power to get to the end-users after it gets generated in power plants. These include the power lines and poles. So during a power outage, they’re the ones to call. Even if you live in an area with deregulated electricity, you can’t pick your utility company because it’s assigned to a specific region.
Meanwhile, energy providers generate the electricity that the utility companies deliver to consumers. Because of deregulation, Plano residents can choose the energy provider they want to work with. Energy providers don’t take care of power outages and other issues related to the electric infrastructure.
How To Find the Best Electricity Provider?
Finding the best electricity provider is one of the challenges of energy deregulation. With so many companies offering varying energy rates, picking the one that gives the most for your money can be daunting. Here are some tips that can ease the task.
- Determine your energy consumption: Different plans have different energy rates. Knowing how much electricity you use each month lets you easily compare the per kWh price offered by the electricity providers in your area.
- Check the plans of the energy companies: Each plan has a corresponding energy rate. Compare the rates of the competing plans.
- Choose your plan: The energy usage of each home varies. Pick the plan whose per kWh rate best matches your needs.
- Sign up: Get in touch with the energy company’s representative and ask for additional information. If you’re satisfied, sign up for the plan you’ve chosen.
How To Change Your Electricity Provider?
Do you feel that you’re not getting the best rates from your power provider? Or does your electric company intend to raise the per kWh price after your contract’s end? Then, switching might be an excellent move.
It’s easy to switch providers in Plano. After you’ve done your research and have chosen your new company, all you have to do is call them. Be ready with some information that they might need. These include the following:
- Your name and address
- Your Social Security Number
- The plan you’ve chosen
You don’t have to call your current provider to terminate your contract. The new company will handle everything for you.
Plano Power Outage: Who to Call?
As we’ve mentioned, your utility company maintains the infrastructure that delivers electricity to consumers. Its responsibilities include responding to problems related to electricity. Some of these problems are downed power lines, power outages, and other issues with the electricity supply.
In Plano, the utility company is Oncor. You can contact them through the following means:
- By phone: Their customer service number is 1-888-313-4747
- Through the web: Visit the Oncor website
Located northeast of Dallas, Plano started as a small and quiet farming community. From that humble beginning, it has become known as a city with an amazing quality of life. It serves as home to about 284,579 residents and over 10,000 businesses, some of which are Fortune 1000 companies. What’s more, it consistently lands on the list of the safest places to live in the country.
Plano is the place to go for those who want a suburban lifestyle in an area with a high standard of safety.
Popular ZIP Codes
Its excellent neighborhoods and robust economy attract many people to Plano, Texas. Here are some of the popular zip codes in the area:
Living and Moving to Plano
The temperature can reach up to the high 90s during summer in Plano. That’s why there’s a great demand for affordable electricity in the area. If you move to Plano, be prepared to allocate a greater portion of your budget for your power expenses. Fortunately, you can choose from several electric companies that offer competitive energy rates.
You’ll need to set up other utility services if you move to Plano, Texas. Contact the utility companies a few weeks before your moving date to avoid inconveniences.
For natural gas services in Plano, contact the following companies:
The city’s Utilities Department takes charge of water services in Plano. Here are the public utility’s contact details:
- Customer Care: (972) 941-7105
Business hours are Monday to Friday 8:00 a.m. to 5:00 p.m.
- Emergency Service during business hours: (972) 769-4160
- Emergency Service after business hours: (972) 727-1623
For water main break, water leak, sewer overflow, or water contamination.
Where does Plano get its electricity?
Two companies provide electricity in Plano. These are Oncor Electric and CoServ Electric. CoServ is an electricity cooperative and consumers in its service area need to get their electricity from the company. Meanwhile, those covered by Oncor Electric can pick among the different electric companies in their zip code.
How much is electricity in Plano Texas?
The average commercial electricity rate in Plano is 7.8 cents per kWh. That’s 31% lower than the national average. Meanwhile, the residential electricity rate stands at 12.24 cents per kWh, on average. This is 10% lower than the country’s average residential electricity rate.
How long should you fix your energy prices?
If you’ve opted for a fixed-rate plan, the ideal contract length is 12 months. That gives you enough flexibility and freedom to switch away from your current plan or provider while letting you enjoy some price stability.
Who is the best electric provider in Texas?
There’s no straightforward answer to this question. The term “best” can mean different things to different people. Some consumers may be looking for a company that gives the best customer support, while others want an energy company with the best rates.
Deregulation gives you the power to choose your electric company. Research is the key if you want to get the best rates and service. Many electric companies operate in Plano. With plenty of options, you have a high chance of finding the company and plan that meets your needs and lets you save on your power bill.