Everything You Need to Know About Electricity in Richardson, Texas
If you’ve recently moved to Richardson, Texas, one of the first things you’ll want to look for is a power company. Richardson, like most of the rest of Texas, has deregulated electricity, which means that you can choose your own provider. However, there are dozens of companies that supply electricity to Richardson, which makes it extremely difficult to choose the right one. This is especially true with the hassle and stress of moving!
If you simply don’t have time to research hundreds of electricity plans from dozens of companies, contact us at EnerGenie. Our goal is not only to make your life easier by choosing the best electricity plan in Richardson for you, but to save you money in the process. Even if you’ve been a resident of Richardson for your entire life, but are tired of overpaying on electricity, EnerGenie can help.
Electricity Rates in Richardson
One of the reasons it’s tough to choose the right electricity plan in Richardson is because the rates are tricky. Let’s look at an example.
Let’s say that Allen has an electricity rate of 17 cents/kWh, Walter has a rate of 15 cents/kWh, and Lucy has a rate of 10 cents/kWh. From the naked eye, it would seem that Lucy has far and away the best rate of the three. However, because of how power plans are structured, this isn’t necessarily the case.
Most of the electricity plans in Richardson have what’s known as tiered rates. Essentially, this means that although the listed rate says 10 cents/kWh, that’s not always the rate that Lucy will pay. Tiered rates are structured so that you pay for electricity based on how much you use. If you look at the fine print in Lucy’s plan, it probably looks something like this.
|Average Monthly Usage||Price per 500 kWh||Price per 1000 kWh||Price per 2000 kWh|
|Average Price per kWh||20 cents / kWh||15 cents / kWh||10 cents / kWh|
As you can see, the only time that Lucy will actually pay 10 cents/kWh is if she uses a minimum of 2,000 kilowatt hours of electricity. Unless she has a large home with a big family, she likely won’t use more than 900 to 1,200, which means her rate is either 20 cents/kWh or 15 cents/kWh. Depending on how Walter and Allen’s plans are structured, they might actually pay less than Lucy.
Power Companies in Richardson
As you can tell from the example above, power companies are a little tricky in how they structure their plans. Luckily, EnerGenie has the ability to see through these smoke screens into the actual details of the plan. No tiered rates or sneaky pricing schemes get by us when you allow us to choose your electricity plan for you.
Which Power Companies Operate in Richardson?
There are over 150 REPs in Texas, and many of them supply power to Richardson. A few of the biggest of these companies include Pulse Power, Green Mountain Energy, and Gexa Energy.
Electricity Plans Available in Richardson
Just as there are an abundance of electricity companies in Richardson, there are many different types of plans to choose from.
- Prepaid Plans
Prepaid plans are where you pay for electricity at the start of the month before you actually use it. This type of plan is great if you’re uncertain about how long you’re staying in Richardson or if you don’t pass a credit check.
- Flat Fee Plans
Flat fee plans are where you pay the same price every month regardless of how much electricity you use. If your flat fee is $150, you’ll pay that same amount if you use 500 kilowatt hours or 2,000 kilowatt hours.
- Fixed-Rate Plans
Fixed-rate plans are the most common and popular type of electricity plan in Richardson. These types of plans lock you into a fixed rate for a set amount of time determined by you when you sign up for the deal.
- Green Energy Plans
Green energy plans are where 100% of your electricity bill goes towards researching and creating renewable energy. Depending on where you live, the actual electricity you use won’t be green energy, but in some cases it is.
What's the Average Electricity Bill in Richardson?
Currently, the average electricity bill in Richardson is right around $135 per month. This is based on residents using an average of 1,068 kilowatt hours of electricity at an average rate of 12.5 cents/kWh.
- Beck Branch Trail
- Berkner Park
- Breckenridge Blvd
- Bell Manor South
- Breckenridge Point
- Brick Row
- Bridgewater Crossing
- Canterbury Courts
- Carrington Estates
- Clear Springs Place
- College Park
- Cottonwood Creek
- Creek Hollow Estates
- Crowley Park
- Crystal Court
- Duck Creek
- Enclave of Breckenridge
- Estates of Breckenridge Creek
- Estates of Richardson
- Galatyn Station
- Glenville Park
- Greenwood Hills
- Heather Ridge Estates
- Highland Terrace
- Hills of Breckenridge
- Mackenzie Meadows
- Mark Twain
- Marlborough Square
- Morningstar Meadow
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- Owens Park
- Renner and Jupiter
- Sallie Circle
- Sharp Estates
- Sharp’s Farm
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- The Reserve at Sharp Lake
- Town North Park
- University Estates North
- University Village
- Villas of Buckingham
- Waterford Villas Townhomes
- Woodhaven Towne House
- Woods of Spring Creek
- Wyndsor Estates - BPE - CWP
Richardson Zip Codes
Your zip code will determine which companies and plans you qualify for within the city of Frisco.
How to Choose the Best Electric Company in Richardson
If you’re serious about wanting to save the most money and choose the best electricity plan in Richardson, contact us at EnerGenie. We’re an electricity concierge service and our only goal is to maximize your savings. Our small fee of $10 per month will quickly be paid for and overshadowed by the massive savings we bring back to you.
Even without the savings, it’s worth having the peace of mind knowing that you have the best plan for you and your family. Our combination of smart technology and years of experience allow us to see through the tricks and tiers that electricity plans have built into them. What would take you hours or days to do, we can perform in mere minutes. Best of all, we continuously monitor your plan and the market at large in case a better option comes along.
Save on your electricity bill with EnerGenie
How EnerGenie Works
EnerGenie technology works behind the scenes to save you money and be your energy concierge, to give you, the homeowner, peace of mind.
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