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Compare Plano Electricity Rates, Plans and Providers

  • Written By: Kelly Bedrich

  • Searching for cheap electricity rates in Plano? Like many residents of this area, you research companies, compare plans and pick what you think is the best rate. But then you get your bill and it’s not what you expected!

    Teaser rates, bill credits and fine print are everywhere. That’s why ElectricityPlans makes it our mission to make electricity shopping easy.

    Our website gives you the tools you need to pick the right plan for your home and confidently compare the vast number of Plano electricity plans, electric rates and providers out there.

    Plano Electricity Shopping

    Before shopping, it’s helpful to benchmark current rates. Otherwise how will you know you’re getting the best deal on electricity? Here’s where to start your search.

    What is the average electricity rate in Plano?

    The average electricity rate in Plano is 15.38¢ per kWh based on rates as of 11/23/2024. That's based on a typical home in Plano using 937 kWh. The average monthly electricity bill in Plano is $144.11.

    That’s the average price, but there are many plans that beat this rate.

    Shop Plano Electricity Rates

    How to Compare Electric Rates in Plano

    Across Texas, electricity shoppers soon face one reality: You can’t always trust a deal or an energy plan’s terms. So you don’t end up with a rate that’s higher than expected, you vet electricity providers and read all the details. It’s time consuming and often confusing.

    The biggest issue that many encounter? Advertised rates at 1000 or 2000 kWh contain a significant amount of fine print. People assume that’s the rate they’ll actually pay. And when they get their bill, they get a surprise!

    We created ElectricityPlans to provide clear, honest, gimmick-free comparisons between rates and plans. Here are some of the tools to help you compare electricity rates in Plano to find the cheapest electricity plans.

    • You can shop based on your usage, so you know exactly what you will pay per kWh, and the estimated monthly bill. Our Electricity Bill Calculator feature does all the math for you!
    • Read one-line summaries of the fine print on each plan. We highlight key items for you.
    • You can shop by type of plan. So if you want a tiered rate or bill credit plan, you can find those. But you can also find true fixed rate plans, which is what we recommend for most homes.
    • You can compare plans side-by-side with the Compare Plans tool, then send the results to yourself via email if you’re not ready to buy yet.

    Are you new to shopping for energy in Texas? Check our full guide on how to shop for an electricity plan in Texas or use the quick steps below.

    How to Find the Best Electric Rate in Plano

    ElectricityPlans provides tools that make it easier to shop for electricity for your home. We review every electricity facts label to highlight things like bill credits or bonuses. And you can shop based on how much power you use. That’s especially important in Plano, where the average home is 2,490 square feet.

    Time needed: 10 minutes

    How to shop for electricity rates in Plano

    1. Search electricity rates by zip code

    2. Enter your monthly usage.

      Entering your monthly usage quickly brings the cheapest electricity plans to the top of the list. The default for electricity shopping is to assume 2000 kWh per month. But if you have a larger or smaller home, you could use more or less than this. Shopping by usage is especially important if you want to consider bill credit or tiered rate plans. (We recommend basic fixed rate plans for most homes.)

    3. Sort results by “Price: Low to High.”

      With any online shopping, it’s best to shop by low to high to find the best deal.

    4. Determine what type of plan you want.

      Just like you can filter for size or features when shopping online, you can pick features for your electricity plan. Filter by free electricity, 100% green, basic fixed rate electricity and more.

    5. Pick the cheapest electricity rate for your usage.

      Once you have entered your zip code and usage, you can see what you pay for each rate, both the price per kWh and the energy bill.

    Average Electricity Rate & Electric Bill in Plano

    • Average electricity rate in Plano : 15.38¢ per kWh
    • Average electricity usage per month: 937 kWh
    • Average electricity bill in Plano : $144.11

    Plano Electric Companies

    There are two types of electric companies in Plano, and it’s important to know the difference.

    There is the utility company that delivers power to your home. And there’s the electricity provider that you purchase power from.

    Plano Utility Company – Oncor

    The local Plano utility company for electricity is Oncor. They deliver power to your home, read the meter, manage local power lines and respond to electrical emergencies and outages.

    But you must choose an energy company in Plano to provide your electricity. You’ll have a choice in electricity provider, rate and plan.

    Looking for a list of Plano electricity providers? Below are the providers that we work with, all of which have passed our review standards.

    We carefully review these companies before adding them to our site. You can feel confident that any of these electricity providers is an excellent choice.

    Electricity CompanyPhone Number
    4Change Energy844-395-4408
    Champion Energy855-307-8616
    Chariot Energy877-917-3876
    Cirro Energy833-307-1139
    Direct Energy844-879-7711
    Discount Power833-307-1140
    Frontier Utilities855-209-0714
    Gexa Energy855-639-8057
    GoodCharlie800-241-0742
    Green Mountain Energy833-307-1138
    New Power Texas866-529-4931
    OhmConnect Energy866-531-5945
    Payless Power (prepaid)866-934-3451
    Pulse Power888-853-4218
    Reliant Energy833-302-3650
    Rhythm877-649-0354
    Shell Energy800-716-8807
    TriEagle Energy877-649-0354
    TXU Energy833-201-0058
    Veteran Energy855-780-5209

    Moving to Plano – Set Up Utilities

    Moving to Plano? You can easily shop online to find power prices in Plano. Follow the steps above to find the best electricity rate for your home. Here are a few more things to consider when moving.

    If you are moving within Plano or moving from another area of DFW, you can easily transfer your electricity service to your new home. Check electricity rates before you do that. If new rates are lower, you can use your move as a way to cancel your contract with no penalty and get a new provider. If your current electricity contract gives you a lower price, transfer your contract to your new home. You can schedule a transfer of service via your online account portal or on the phone.

    If you are moving to Plano from out of the area, you’ll need to pick an electricity provider. Oncor, the local utility company, will deliver power to your home. But the power company you pick will be your electricity company.

    Estimating electricity usage for your new Plano home. You may be able to ask the prior owner or occupant for the historical electricity usage or average usage for the home. If you can’t get that information, here are some assumptions you can use when you’re comparing energy rates:

    • If you have a 1 bedroom apartment, you’ll use around 500 kWh a month.
    • If you have a 2 bedroom apartment, use 1000 kWh a month when shopping for rates.
    • You can estimate your electricity usage by assuming 7 kWh annually per square foot. Then divide the total by 12 for your monthly average.

    During enrollment, select that you are moving in to a new home, called a “move-in.” Then pick the date you want service.

    You can schedule your electricity in Plano to start up to 60 days out. But if you forget? You can get same day electricity.

    Switching Electricity Providers in Plano

    When your contract is about to expire, your electricity company will contact you with a new renewal offer. We recommend NOT taking the renewal offer without shopping first.

    That’s because most electricity providers offer the best rates to new customers. So you could be leaving savings on the table if you don’t shop around.

    Here are tips to help you find the best rate when you switch electricity companies:

    • Evaluate all parts of the electricity plan. Most only look at the rate. But you should also consider the term, termination fee and type of plan.
    • Shop based on your usage. Don’t look at the advertised rate (usually at 1000 or 2000) and think that’s what you’ll pay. Shop with your usage to see your estimated bill amount and rate.
    • Shop ahead of time. Don’t wait until your contact has expired before you shop. In fact, if your contract expires in the summer months, we recommend you start shopping 60 days ahead of time. Just remember to pick a start date equal to your expiration date.
    • Select a basic fixed rate plan. With all the different types of plans offering bill credits, tiered rates and free power, it’s easy to get confused. Based on the thousands of bills we’ve reviewed, basic fixed rate plans are the best option for almost everyone.

    Almost 1/3 of homes in Plano have a pool, making it the most pool friendly place in Texas. Your pool pump will add to your electricity bill. Consider switching to a variable-speed pool pump. You’ll cut your pool electricity usage substantially.

    Switch Electricity Provider in Plano

    Business Electricity in Plano – Commercial Electricity Rates

    As a developing suburb, there are a lot of businesses in Plano. These range from the smaller shops to restaurants and shopping centers. If you are a business owner, paying attention to your electricity can help your bottom line.

    You can shop up to 6 months ahead of time for your business electricity in Plano. And, if you are a new business with no credit history, we have special options for no deposit commercial electricity.

    Compare business electricity rates online if you are a small business that spends less than $2,500 per month. Or call us at 844-214-5559 Monday-Friday for a custom business electricity quote, same day electricity move-in or future start date commercial electricity rates.

    Below are commercial electricity rates per kWh in the Plano (Oncor) area:

    Plan Name Term Rate/kWh
    ENGIE 6 Months 6 6.13 ¢
    APG&E APG&E 6 Months 6 6.41 ¢
    ENGIE 60 Months 60 6.59 ¢
    ENGIE 18 Months 18 6.67 ¢
    ENGIE 48 Months 48 6.68 ¢
    ENGIE 36 Months 36 6.74 ¢
    ENGIE 24 Months 24 6.82 ¢
    ENGIE 12 Months 12 6.97 ¢
    APG&E APG&E 18 Months 18 7.23 ¢
    APG&E APG&E 60 Months 60 7.38 ¢
    APG&E APG&E 48 Months 48 7.47 ¢
    APG&E APG&E 24 Months 24 7.48 ¢
    APG&E APG&E 12 Months 12 7.49 ¢
    APG&E APG&E 36 Months 36 7.49 ¢
    Reliant Business Power Plus 12 Months 12 8.90 ¢
    Reliant Business Power Plus 24 Months 24 9.00 ¢
    Reliant Business Power Plus 36 Months 36 9.00 ¢

    Compare Business Electricity Rates in Plano

    What to Do During a Power Outage in Plano

    Power outages are usually caused by weather events or electrical infrastructure failure (like area transformers.)

    If you have lights out in Plano, here’s how to check when the power will be back on:

    • You can view current outages, report a power outage or check outage status on the Oncor website.
    • Sign up for My Oncor Alerts to get outage notifications for your home, and power restoration times.

    Need to report a power outage in Plano? Here are 4 ways to report your power outage:

    • Call 888-313-4747
    • Text OUT to 66267 and follow instructions
    • Download the MyOncor app and follow instructions
    • Report a power outage online

    Zip Codes for Plano Electricity Rates

    About Kelly Bedrich

    Kelly Bedrich co-founded ElectricityPlans in 2016 with the goal of simplifying the complicated process of buying energy. As president and chief technology officer, Kelly keeps our development team focused on providing a user-friendly website. When not reading the latest on technology and finance, Kelly enjoys celebrating Taco Tuesday, listening to live music at local venues, and hiking.

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