Electricity rates in Richardson, Texas vary depending on the retail electricity provider (REP), your monthly energy usage, and the type of plan you choose. If you’re new to the area or looking to lower your bill, comparing electricity rates across REPs is one of the easiest ways to save. Not all rates are as straightforward as they seem, so read each plan’s Electricity Facts Label (EFL) carefully for full pricing details before enrolling.
| Provider | Plan | ¢/kWh | Est. Monthly Bill | Term | Rating | Checkout Link |
|---|---|---|---|---|---|---|
| APG&E | SimpleSaver 12 | 8.9¢ | $89 | 12 months | 4.2 | Checkout |
| 4Change Energy | Maxx Saver Value 12 | 9.0¢ | $90 | 12 months | 4.9 | Checkout |
| Gexa Energy | Gexa Eco Saver Plus 12 | 9.0¢ | $90 | 12 months | 4.8 | Checkout |
| Frontier Utilities | Frontier Saver Plus 12 | 9.0¢ | $90 | 12 months | 4.8 | Checkout |
| Express Energy | Flash Value 12 | 9.0¢ | $90 | 12 months | 4.7 | Checkout |
| Chariot Energy | GridEdge 12 | 9.6¢ | $96 | 12 months | 4.4 | Checkout |
There’s no shortage of Richardson electricity providers to choose from. Each one offers its own plans, rates, and perks that you should explore before making a decision. Power Wizard’s energy experts have outlined a few of the top local REPs below to help kickstart your search. Options may vary by location—pop your ZIP code into Power Wizard’s comparison tool to see what’s available in your area.
| Electricity Company | Best For… | Ratings |
|---|---|---|
| Gexa Energy | Sustainable energy + exceptional customer service |  Â 4.83 |
| 4Change | Great referral program + charitable giving | 4.92 |
| Green Mountain Energy | Renewable electricity plans + promoting environmental conservation | 4.19 |
| Direct Energy | Offers additional home services | 4.19 |
| Chariot Energy | 100% renewable energy + great rates | 4.42 |
| Payless Power | Affordable power + prepaid electricity plans |  3.39 |
| TXU Energy | Commitment to customer satisfaction + innovative energy solutions | 4.92 |
| Frontier Utilities | Simple, low-rate plans + 60-day happiness guarantee | 4.83 |
| Veteran Energy | Competitive rates + aiding veteran support organizations | 4.67 |
| Express Energy | Transparent pricing + no hidden fees | 4.67 |
| Cirro Energy | Customer-centric approach + focus on simplicity | 4.11 |
| Rhythm Energy | Exceptional service + user-friendly technology | 4.83 |
Richardson residents have the power to choose their electricity provider thanks to Texas’ deregulated energy market. Whether you live in a quiet neighborhood like Canyon Creek or a bustling area near CityLine, you can shop around for plans that fit your household’s needs at any time. Just keep in mind that switching before your current electricity plan ends for any reason other than moving may incur an Early Termination Fee (ETF).
Power Wizard makes switching simple. All you have to do is:
Your new REP will handle the rest with little to no disruption to your electricity service. Need same-day activation? Most electricity providers offer same-day service if you enroll before 2 pm CT on a regular business day and have a smart meter.
Spring and fall typically bring lower electricity rates in Richardson due to decreased demand. Comparing and enrolling in an electricity plan during these timeframes can help you lock in a lower rate before demand spikes.
As with most deregulated areas of Texas, electricity in Richardson comes from two different companies: your electric utility and your retail electricity provider (REP). Richardson’s electric utility company is Oncor Electric Delivery. They are responsible for maintaining grid infrastructure, like lines, poles, and meters, as well as handling power outages. If you experience an outage, you can contact Oncor by:
Your retail electricity provider, on the other hand, is the company you purchase electricity from. They set your rates, offer different plans, and handle customer service issues related to those plans. You can choose your retail electricity provider, but you cannot choose your electric utility because it is assigned by location.
Your electricity bill will include Transmission & Distribution Utility (TDU) charges. These are regulated fees set by your utility company that remain the same regardless of which REPs you choose. However, TDU fees are updated a few times each year.
If you live in a studio apartment in Galatyn Park, you probably use less electricity than a family in a four-bedroom house in the Breckinridge neighborhood, so why should your electricity plan be the same? REPs in Richardson offer many different plan types to suit different needs, lifestyles, and budgets. We’ve broken them down for you below.
These plans lock in a consistent price per kilowatt-hour (kWh) for the duration of your contract, which typically ranges from 6 to 36 months. That means your rate won’t change, even if market prices rise.
Best for: Residents seeking price stability and more predictable electricity bills.
Variable-rate (variable-price) plans can change monthly based on market conditions and other factors. Prices can rise unexpectedly, especially during periods of high demand, like summer and winter.
Best for: Those in short-term living situations or individuals comfortable with taking on risk and closely monitoring their electricity usage and market trends.
Time-of-use plans, also known as free electricity plans, offer discounted or free electricity during specific hours—typically nights or weekends—while charging higher rates during peak times.
Best for: Households where residents are away during the day and can shift heavy usage (laundry, dishwashing, EV charging) to off-peak hours.
No-deposit and prepaid plans are pay-as-you-go options. They often don’t have long-term contracts and don’t require credit checks or upfront deposits. However, they often have higher per kWh rates than other plan types.
Best for: Richardson residents with poor or limited credit histories, and anyone looking for a flexible electricity contract or more control over their monthly energy spending.
Renewable plans source electricity from 100% green energy, such as wind, solar, hydro, and more. Many Richardson REPs offer these options at competitive rates.
Best for: Environmentally conscious households who want to support clean energy initiatives without changing daily energy habits.
Solar buyback plans let you earn bill credits for excess energy your home solar panels send back to the grid.
Best for: Homeowners with solar panels who want more from their investment.
Many electricity plans have base charges, bill credits, and more that can impact your monthly bills. Read each EFL carefully so you aren’t caught off guard by surprise fees.
Bill credit and tiered rate plans reward you with credits or lower rates once your usage hits certain thresholds. While these plans can unlock savings for households that consistently use a set amount of electricity, they can also lead to higher costs if your usage falls short or goes above the target range.
Best for: Households with predictable energy use who want to maximize savings.
Finding the right electricity plan can feel overwhelming, but it doesn’t have to be. Consider the following before enrolling:
Setting up your utilities early can help you settle into your new home faster and avoid last-minute headaches. Here’s who to contact for the essential services in Richardson:
Atmos Energy provides natural gas services to Richardson residents. You can contact them at (888) 286-6700 Monday through Friday from 7 am to 6 pm CT.
Water and sewer services are provided by the City of Richardson, which obtains water through a contract with the North Texas Municipal Water District (NTMWD). You can set up your service by calling (972) 744-4120 Monday through Friday from 8 am to 5 pm CT.
The City of Richardson handles all trash and recycling services for residents. You can reach them at (972) 744-4111 Monday through Friday from 8 am to 5 pm CT. For
Let Power Wizard take some of the stress out of moving. Our free Home Concierge Service can help you choose and set up home services, like internet, security technology, and more. We’ll even look for exclusive discounts along the way!
Yes, you can switch providers in Richardson at any time, but an early termination fee (ETF) may apply if you leave before your contract ends. The ETF is waived if you cancel due to moving.
Oncor Electric Delivery is the electric utility for Richardson. They maintain the power lines, restore service during outages, and deliver electricity to your home regardless of which provider you choose.
You should set up your electricity service 1-3 days before moving into your new Richardson home. This helps ensure your power will be on when you move in. You can schedule your electricity service up to 90 days in advance, depending on the REP. Most REPs let you do it 60 days out.
If you move within Richardson, you may be able to transfer your electricity contract to your new residence. However, moving is always a good time to shop around and compare your options, especially if you’re moving into a home that is a different size or in a different ZIP code than your previous residence. You might find a plan that better fits your needs and saves you money.
Yes, many retail electricity providers in Richardson offer same-day activation. However, you usually have to enroll before 2 pm CT and have a smart meter installed (except holidays and weekends).
