Whether you’re planning to move to Plano or are simply tired of overpaying on your electricity bill, you’ve come to the right place. Plano is located in northern Texas and is one of many cities in the state with deregulated electricity. Deregulation means that the energy market, specifically electricity, is extremely competitive.

As such, knowing which power company and plan to sign up with can be extremely daunting. With everything else you have to worry about in life, electricity shouldn’t be one of them. If you’re tired of your current electricity plan, you have two options. Do hours if not days of research on all the power companies and plans in Plano, or contact us at EnerGenie. If you don’t feel like doing the former, this article will talk about how to do the latter.

As of the month of June, 2022, the average electricity rate in Plano is 12.8 cents/kWh. This rate is slightly lower than the national average, but slightly higher than the Texas average. If you want to get the lowest and best electricity rate possible while still enrolling with a quality company, contact us at EnerGenie. We know the ins and outs of the Texas electricity market and understand how electricity plans and rates work.

To date, there are more than 130 retail electric providers in Texas. A vast majority of them offer plans to the residents of Plano. Like we said before, there are a ton of power companies and plans to choose from in Texas.

In addition to the REPs that service Plano, you’ll also have a transmission and distribution utility company. This is the company that actually delivers electricity to your home and manages the power lines and poles between your home and your power company. In Plano, the TDU that services your home is ONCOR, the largest utility company in the state.

There are a wide variety of electricity plans available in Plano, but the two main ones are fixed-rate plans and variable-rate plans.

A fixed-rate electricity plan is like a fixed-rate mortgage. When you sign up for your plan, you get locked into your rate at signup for the duration of your contract. Fixed-rate contracts are usually between 12 and 36 months in length, and offer the opportunity to re-enroll at their completion. Contact us to find the best fixed-rate plan in Plano!

Variable-rate plans are the polar opposite of fixed-rate ones. The rates change from month to month based on what the energy market is doing and what competitive prices are. While the price of your electricity might change from month to month, you also won’t have a long, fixed contract. Typically, you’ll have the option of switching electricity plans every month if you’re unhappy with the new price.

On average, residents of Plano will pay between $130 and $140 for their electricity bill. This amount is based on using around 1,050 kilowatt hours at a rate of 12.8 cents/kWh.

Depending on your zip code and neighborhood, you might not have access to every single electricity plan in Plano. Only EnerGenie will know for certain which companies and plans are available in your area. Contact us to find out and to find your next best plan!

Finding the best power company in Plano is a tall order, especially if you try to do it yourself. The good news is that you don’t have to! What takes EnerGenie a matter of minutes could take you days or weeks. Once EnerGenie has your zip code, they provide you with a list of companies that service your area.

They also provide plans that are compatible with your desires and narrow down the list to the options you want. Energenie will help you find the best electric company and plan in Plano in no time.

EnerGenie is your personal electricity shopping assistant. By signing up with EnerGenie, you’ll have peace of mind knowing you have a cheap electricity rate locked in to avoid rate hikes. You’ll also never have to worry about falling onto a high variable electricity rate because we continuously monitor your account and the market to sign you up for another great rate when your contract is coming up for renewal.