Your power to choose electricity in Plano

Plano’s deregulated energy market gives locals the power to choose their own electric company instead of buying electricity from their local utility. If you’re a resident or business owner here, you’re free to shop around until you find a provider that meets your needs and budget. This helps you secure the best rate possible and gives you the option to switch plans if you’re unhappy with your current service.

Choose Texas Power is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

Best Plano electricity providers

If you’re looking for an affordable electricity plan from a reliable energy provider in Plano, Choose Texas Power is here to help. You can use our marketplace to discover the best electricity rates in your area and sign up for a new plan in minutes.

On Choose Texas Power, you’ll find plans from popular Plano electricity providers like 4Change Energy, Reliant Energy, TriEagle Energy, and TXU Energy.

Oncor Electric Delivery: Plano’s utility company

While electricity providers sell plans to consumers, utility companies deliver electricity to homes and businesses within their service area. Utilities are also responsible for restoring power during outages — so if your lights go out, you should contact your utility company, not your energy provider.

In deregulated cities, you can pick your own provider, but your utility is predetermined by your location, and cannot be chosen. The utility company in Plano is Oncor Electric Delivery. If you’re an Oncor customer and need to report an outage, here’s how to do it:

• Call Oncor at 1-888-313-4747
• Report it online through Oncor’s outage center
• Text “OUT” to 66267

Types of Plano electric plans

Before you compare electric rates in Plano, it helps to understand the different types of energy plans and how they work. Here’s a quick rundown:

• Fixed-rate plans: When you select a fixed-rate plan, you’ll lock into a contract with your provider, which typically lasts between 12 and 36 months. During that time, your electricity rate won’t change, so you won’t be vulnerable to price hikes when energy demand is high. However, if you want to switch providers or cancel your plan before your contract expires, you may have to pay an early termination fee (ETF).
• Variable-rate plans: These types of plans don’t come with contracts, so you’re free to switch energy companies at any time. They don’t have fixed electricity rates, either; instead, your rate can change based on the wholesale cost of electricity. This means you’ll have a cheaper rate when the market rate is low, but your rates will increase when demand increases.
• No-deposit plans: Electricity providers often require you to pay a deposit before beginning service. You can avoid this requirement by signing up for a no-deposit plan, such as a prepaid plan. With a prepaid plan, you’ll pay for your usage upfront and top up your account as you go.

Understanding Plano electric rates

Electricity rates vary across Texas, depending on your utility company, location, demand, and other factors. Each utility has its own transmission and delivery fees, which impact the price you pay for electricity. Because of this, your rate might be higher or lower than someone else’s in a nearby city — even if you have the same plan and provider.

To find accurate and up-to-date rates in your area, submit your ZIP code on this page.

Plano commercial energy

Deregulation also applies to commercial properties, so if you’re a business owner in Plano, you can sign up with the provider that best meets your company’s energy needs. Get in touch with Choose Texas Power to understand your options and start building a customized commercial electricity plan today.

Green energy plans in Plano

Texas is leading the way forward in renewable energy, ranking first in the nation for wind power and second for solar energy generation. Thanks to the state’s focus on green energy, people in Plano have plenty of choices when it comes to renewable energy plans.

In the Lone Star State, all electricity plans include a portion of renewable energy — and some are even 100% green. To see your plan’s renewable energy percentage, check the Electricity Facts Label (EFL).

If you’re interested in going green with your electricity plan, there are a few energy providers to look out for. For example, Gexa Energy and Green Mountain Energy are two Plano electric companies that specialize in green energy and offer renewable energy rates.

Moving or switching providers in Plano

Whether you’re planning a move to Plano or you’re a long-time local, you can use Choose Texas Power to find the right energy plan for your home or business. Here’s how our marketplace can help you find the best electricity rates in Plano.

Moving to a new address

If you’re relocating to Plano from another part of Texas, you may be able to transfer your current plan to your new address. Contact your provider a couple of weeks before your move and ask if you can keep your existing plan. If not, don’t worry, you won’t have to pay an ETF if you’re ending your current contract early.

If you need to find a new provider, Choose Texas Power can guide you to cheap electricity in Plano. With our marketplace, it only takes a couple of quick steps to start browsing rates and plans in your area and sign up with an electric company that fits your needs.

Switching energy providers

You can also change electricity providers if you’re unhappy with your service or want to lock in a cheaper rate. Whatever the reason, Choose Texas Power’s marketplace makes it easy to compare light companies and switch plans. Just keep in mind that you’ll likely need to pay an ETF if you leave a fixed-rate plan before your contract expires.

Plano energy FAQs

Which provider has the cheapest electricity rates in Plano?

Currently, 4Change Energy, Express Energy, Frontier Utilities, and Gexa Energy have the lowest rates in Plano on the Choose Texas Power marketplace. But rates often change, so it’s important to search for the most up-to-date information using your ZIP code.

Where can I compare Plano electricity rates?

Using a marketplace like Choose Texas Power is the best way to compare Plano electricity rates. In just a couple of clicks, you’ll get a list of rates, plans, and providers in your area, which makes it easier to find the best electric company near you.

How can I lower my electricity bill in Plano?

Reducing your electricity consumption will help lower your power bill. You can do this in many ways, including taking shorter or fewer showers, unplugging appliances when they aren’t in use, and washing your clothes in cold water. You might also be able to save on energy costs by switching power companies or signing up for a prepaid plan.

What is the best energy provider in Plano?

There are many reputable providers in Plano, each of which has its own benefits. For example, if you’re looking for green energy plans, then a company like Gexa Energy might be the best option for you. Or, if you need a prepaid plan, then Payless Power should be at the top of your list. Once you decide what your needs are, go to Choose Texas Power and narrow down your search criteria to find the best energy provider for you.