McAllen electricity rates

Across Texas, 85% of residents and businesses purchase their electricity in a deregulated energy market. Because of this, you can choose your own power company in McAllen, Texas. But it can be challenging to compare electric plans in McAllen and sift through them to find the best plan for you if you’re not familiar with a deregulated market. Choose Texas Power is an excellent resource to help you filter electricity rates easily.

Enter your ZIP code on this page to get started.

Your power to choose electricity in McAllen

As a resident of McAllen, Texas, you have the power to choose your provider and electricity plans. Customers can choose from competitive rates in deregulated energy markets as companies compete for your service. This differs from the traditional energy market, where you are required to buy electricity from a local utility company.

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Best McAllen electricity companies

McAllen’s energy market allows you to choose your electricity provider instead of purchasing power from the local utility company. Electricity providers operating in deregulated areas work to offer plans with a variety of choices for customers.

Choose Texas Power is a tool for filtering plans based on your location, needs, and values, and we only partner with reliable electric companies in McAllen. These include 4Change Energy, Gexa Energy, TriEagle Energy, and TXU Energy, among several others.

McAllen Utility companies

While you can choose your energy provider in McAllen, your utility company is assigned to you based on your location. Your electric provider generates electricity and sells plans, and your utility distributor distributes electricity and repairs power outages. In McAllen, your utility is AEP Texas Central.

Types of McAllen electric plans

While searching for the right energy plan, you will encounter different types available in McAllen, including fixed-rate, variable-rate, and no-deposit plans.

• Fixed-rate plans: A fixed-rate plan might be the right choice if you’re looking for a longer-term contract. Fixed-rate plans have a guaranteed electricity rate for the duration of your agreement (generally one to three years). Consistent prices can be beneficial if electricity rates spike. However, if surrounding rates decrease, you’re stuck paying a fixed rate for the duration of your plan. If you want to end your contract early, these plans have an early termination fee (ETF).
• Variable-rate plans: You aren’t obligated to sign a contract with a variable-rate plan. Instead, you’ll pay for your electricity usage on a month-to-month basis. You can switch plans or providers without penalty, but your rate isn’t locked in and can increase or decrease based on seasonality, demand, and other factors. A decrease in the energy market can be a great way to save, but a price spike can be costly.
• No-deposit plans: Most providers will run a credit check as part of the application process. If you don’t meet the company’s credit threshold, you’ll likely need to pay a deposit on your energy service. However, some energy companies in McAllen offer no-deposit plans, which allow you to prepay for your electricity without paying a deposit.

Understanding McAllen electric rates

Various utility companies serve different parts of Texas, and each utility has its own set of transmission charges. These utility fees impact the electricity rates you pay, which means that electricity rates vary from city to city. For this reason, it’s essential to be specific about your location when searching for energy plans.

You can find the most accurate energy rates near you by entering your ZIP code on this page and reviewing the list of available providers.

McAllen commercial energy

You can choose your electricity provider if you run a business in McAllen. Choose Texas Power can help you take control of your energy usage and electricity rates by allowing you to compare plans all in one place. Call the number on this page to speak with one of our energy experts or fill out our online commercial energy form to learn about creating a customized energy plan for your business needs.

Green energy plans in McAllen

Texas is a powerhouse in renewable energy production, leading the nation in wind energy generation, and ranking second in the country for solar power production. As a result, environmentally conscious residents and business owners can find various green energy plans in McAllen.

All Texas energy plans include at least a small percentage of green energy, making the state an excellent place to take advantage of the benefits of going green. Check your plan’s Electricity Facts Label (EFL) to find out how much renewably sourced power your plan contains.

If you’re committed to going fully green in McAllen, you can find 100% renewable plans from specialty providers like Gexa Energy by searching your ZIP code on this page.

Moving or switching providers in McAllen

Located in southern Texas, McAllen is a vibrant, growing city of just over 144,000 people. The climate is warm most of the time, though summer temperatures often hit 100°F. Due to this high heat, there’s a growing demand for affordable electricity in the city. If you’re moving to McAllen, use the free Choose Texas Power marketplace to save on electricity bills and find the best electric rates.

McAllen energy FAQs

Which provider has the cheapest electricity rates in McAllen?

Express Energy, Frontier Utilities, Gexa Energy, and 4Change Energy currently offer the cheapest McAllen electricity rates on our marketplace. However, since electricity prices fluctuate daily, it’s best to use Choose Texas Power to find the most up-to-date affordable rates near you.

Where can I compare McAllen electricity rates?

Using an energy marketplace is the most efficient way to compare electric rates in McAllen. Sites like Choose Texas Power allow you to compare plans from the best electric companies near you, all in one place.

How can I lower my electricity bill in McAllen?

Going green is an excellent way to cut down on electricity costs. Opting for energy-efficient appliances or choosing a green electricity plan can help you lower your energy bill. You can also switch to a more sustainable provider to cut costs.

How do I find the best electric plan in McAllen?

Finding the best electric plan for you in a competitive market can feel overwhelming. Choose Texas Power makes selecting the electric plan that fits your lifestyle easy. Enter your ZIP code to browse the available plans. You can customize your results by filtering for green energy, providers, ratings, terms, rate types, and others.

What is the best energy provider in McAllen?

That will differ from customer to customer. Consider your needs when searching for your next electricity plan. Use our marketplace filters, such as green or no-deposit plans in McAllen to find the best electricity plan for you.