McKinney Electricity Rates: Compare Energy Providers & Plans

Find the best electricity rates for your McKinney, TX home or business with Power Wizard.

Written by Christine Orlando | Reviewed By Alfred Poindexter
Last updated July 5, 2025

Enter your ZIP code to see plans in your area

Compare McKinney Electricity Rates by Provider and Plan Type

Electricity rates in McKinney can vary based on several factors, including your usage habits, the type of plan you choose, seasonal demand, and market conditions. Below is a snapshot of typical rates in the area to help you compare your options.
ProviderPlan¢/kWhEst. Monthly BillTermRatingCheckout Link
Frontier UtilitiesFrontier Saver Plus 1210.0¢$10012 months4.8Checkout
Frontier UtilitiesFrontier Saver Plus 1210.0¢$10012 months4.8Checkout
Frontier UtilitiesFrontier Saver Plus 1210.0¢$10012 months4.8Checkout
Frontier UtilitiesFrontier Saver Plus 1210.0¢$10012 months4.8Checkout
Gexa EnergyGexa Eco Saver Plus 1210.0¢$10012 months4.8Checkout
Gexa EnergyGexa Eco Saver Plus 1210.0¢$10012 months4.8Checkout
Gexa EnergyGexa Eco Saver Plus 1210.0¢$10012 months4.8Checkout
Frontier UtilitiesFrontier Saver Plus 2410.2¢$10224 months4.8Checkout
Frontier UtilitiesFrontier Saver Plus 2410.2¢$10224 months4.8Checkout
Gexa EnergyGexa Eco Saver Plus 2410.2¢$10224 months4.8Checkout
Gexa EnergyGexa Eco Saver Plus 2410.2¢$10224 months4.8Checkout
Chariot EnergyGridEdge 3610.2¢$10236 months4.4Checkout
Chariot EnergyGridEdge 3610.2¢$10236 months4.4Checkout
APG&ESimpleSaver 13 10.2¢$10213 months4.2Checkout
Chariot EnergyGridEdge 2410.3¢$10324 months4.4Checkout
APG&ESimpleSaver 12 10.3¢$10312 months4.2Checkout
Chariot EnergyGridEdge 1210.4¢$10412 months4.4Checkout
Chariot EnergyGridEdge 2410.4¢$10424 months4.4Checkout
APG&ESimpleSaver 24 10.5¢$10524 months4.2Checkout
Chariot EnergyGridEdge 1210.6¢$10612 months4.4Checkout
*Updated on 07/05/2025, 12:43:51 PM CDT for ZIP Code 75071. Pricing and plan offerings are subject to change. Monthly bill estimates are based on 1000 kWh usage. Actual bills may vary based on usage patterns and additional fees.

Key Takeaways

  • The cheapest electricity rate in McKinney on the Power Wizard marketplace is 10.0¢.
  • McKinney residents can choose from multiple electricity providers, like 4 Change Energy, Chariot Energy, and Gexa Energy.
  • Oncor is the utility provider in McKinney. You can choose your retail electricity provider (REP), but you can’t change your utility.
  • Fixed-rate, variable-rate, green energy, time-of-use, prepaid, and no-deposit electricity plans are available.
  • Power Wizard’s comparison tool can help McKinney residents explore their electricity plan options to help them find one that fits their needs.

Compare McKinney Electricity Companies

Every McKinney electricity provider offers different plan options, pricing, and perks to suit various lifestyles and energy needs. The table below shows some of the top local providers so you can find the best match for your home or business.

Provider Best For Rating (Out of 5)
4Change Energy Charitable giving and low fixed rates 4.58
Gexa Energy 100% renewable options 4.28
Veteran Energy Competitive rates and supporting veteran charities 4.67
Payless Power Affordable power and prepaid plans 3.94
BKV Energy Loyalty rewards + annual customer payouts 4.83
TXU Energy Customer satisfaction + innovative energy solutions 4.92
Frontier Utilities Low rates plans + 60-day happiness guarantee 4.92
APG&E Plan variety and excellent customer service 4.75
Chariot Energy Renewable energy at great rates 3.86
Direct Energy Prepaid plans and usage monitoring 4.19
CleanSky Energy 100% renewable electricity and carbon-neutral plans 3.55
Note: Ratings are based on Power Wizard’s internal scoring methodology and customer experience benchmarks. Plan and provider availability may vary based on your ZIP code.

How to Switch Electricity Providers in McKinney

Switching energy providers in McKinney is easy with Power Wizard.

  1. Enter your ZIP code to see the electricity plans offered in your area.
  2. Review your options and choose the plan that works best for your budget and lifestyle.
  3. Enroll online through Power Wizard’s website.
  4. Sit back while your new provider handles the rest.

Pro Tip

Before switching, check your current plan’s EFL for any Early Termination Fees (ETF) that may apply. If you’re switching due to a move, many providers will waive ETFs.

Oncor Electric Delivery: McKinney’s Local Utility Company & TDU Charges Explained

Oncor Electric Delivery is McKinney’s local utility provider. Oncor manages the electric infrastructure, maintains power lines, and handles outage restoration. While you can choose your electricity provider, you cannot change utilities because they are assigned by location

On your bill, Oncor’s charges appear as Transmission and Distribution Utility (TDU) fees. These are set rates for delivery services and are separate from your electricity provider’s energy costs. They will remain the same no matter which REP you choose.

Electricity Plans in McKinney: Fixed-Rate, Variable, Prepaid & Green Energy Options

If you live in a one-bedroom apartment in Craig Ranch, you likely use energy differently than a family of five in a home in Trinity Falls. Luckily, there are plenty of different electricity plans available in McKinney to suit your lifestyle.

Fixed-Rate Electricity Plans

Fixed-rate plans lock in a set price per kilowatt-hour (kWh) for 6 to 36 months.

Pros:

  • Stable, predictable bills
  • Protection against seasonal price spikes
  • Ideal for long-term residents

Cons:

  • Early termination fees (ETFs) may apply
  • Not flexible for short-term stays
  • No benefits if market rates drop during your contract

Variable-Rate Electricity Plans

Variable-rate plans adjust monthly based on market prices.

Pros:

  • No long-term contracts
  • Freedom to switch plans without penalty
  • May offer lower rates during low-demand months

Cons:

  • Rate unpredictability
  • Harder to budget consistently
  • Risk of spikes during high-usage periods

Prepaid / No-Deposit Electricity Plans

Prepaid and no-deposit electricity plans offer quick activation without a credit check or upfront deposit.

Pros:

  • Accessible for customers with limited or no credit
  • Same-day service in many cases
  • Greater control over electricity costs

Cons:

  • Generally higher per-kWh costs
  • Must monitor account balance closely
  • Risk of disconnection if funds run low

Time-of-Use (TOU) Plans

TOU plans offer free or cheaper rates during nights and weekends, depending on your chosen plan.

Pros:

  • Free or lower rates during nights and/or weekends
  • Benefits those who are away from home during daytime hours on weekdays
  • Not suitable for all schedules

Cons:

  • Requires smart meter installation
  • Higher rates during weekday and daytime hours
  • May require you to shift your energy usage

Green Energy Plans

Green energy plans support a cleaner Texas. Some offer renewable energy, while others offer solar buyback credits or EV charging perks.

Pros:

  • Supports sustainable energy initiatives
  • Often price-competitive with traditional plans
  • Doesn’t require a change in your energy usage

Cons:

  • Availability may vary by ZIP code
  • Some green plans include slight premium costs
  • May have less additional features

McKinney, TX Business Electricity

If you run a business in McKinney, Texas, you have the power to choose your electricity provider just like residential customers. Business electricity plans often come with perks designed to support your operations. Depending on your usage, you may qualify for custom rates, volume discounts, account managers, or energy management tools to track usage and forecast costs. Many plans also include flexible billing options, like consolidated invoices or payment schedules tailored to your cash flow.

Ready to find the right electricity plan for your McKinney business? Fill out the form on our business electricity page for custom quotes!

Find the Best Electricity Plan in McKinney

With dozens of plans to choose from, finding the right electricity plan in McKinney can feel overwhelming, but a little strategy can go a long way. Before you pick a plan, consider the following:

  • Your Average Monthly Usage: Knowing how much electricity you use helps you avoid plans that penalize low or high usage.
  • When You Use Electricity: If you’re home mostly at night or on weekends, a time-of-use plan might save you money.
  • Contract Terms: Some plans lock you in for 12–36 months, while others are month-to-month. Choose what fits your preferences, needs, and living situation.
  • Renewable Energy Options: Looking to go green? Many providers offer plans that support Texas renewable energy initiatives.
  • Deposit & Credit Requirements: Some providers require a deposit or credit check. If you want to skip them, look into no-deposit and prepaid electricity plans.

Not sure where to start? Pop your ZIP code into Power Wizard’s comparison tool to view the McKinney electricity plans, providers, and rates available in your area.

McKinney Utility Services Guide: Electricity, Gas, Water & Sewer Contacts

Managing your household utilities is straightforward once you know which providers handle each service. Below is a quick guide to essential utility contacts for electricity, gas, water, and sewer services in McKinney.

Electricity Outage

Oncor is the utility in McKinney, Texas. Residents should contact them directly for power outages and infrastructure issues by:

Natural Gas Service

Atmos Energy and CoServe provide natural gas services to McKinney residents. Service provider depends on your location, so it’s best to view your past bills or contact the providers directly to determine which is yours.

  • Atmos Energy Customer Service Number: (888) 322-8667
  • CoServ Customer Service Number: (940) 321-7800

Water and Sewer Services

The City of McKinney Public Works Department manages water, sewer, and sanitation services for homes and businesses. You can contact them for billing questions, service requests, or emergencies by calling (972) 547-7360 Monday through Friday from 8 am to 5 pm CT.

FAQs

McKinney is part of Texas’s deregulated electricity market, meaning residents can choose their retail electricity provider (REP). While these companies sell the electricity and manage billing, the utility company, Oncor Electric Delivery, handles the actual delivery of electricity to your home, infrastructure maintenance, and power outage restoration. Your utility provider is assigned by location and cannot be changed.

To switch electricity providers in McKinney, enter your ZIP code into Power Wizard’s comparison tool, choose a plan that fits your energy needs, and enroll through our website. Your new provider will handle the rest.

Yes, a few providers in McKinney offer no-deposit and prepaid electricity plans. These allow you to get electricity without a credit check or upfront deposit. They can be a good option for people with poor credit histories, those in short-term living situations, and anyone who wants control over their monthly energy spending.

Yes, there are renewable energy plans available in McKinney from providers like Chariot Energy, Gexa Energy, Green Mountain Energy, CleanSky Energy, and more. Some offer partial or full power from renewable sources like Texas wind or solar. A few providers also offer solar buyback credits and free or reduced EV charging.

When choosing a McKinney electricity plan, look in the Electricity Facts Label (EFL) for the following fees:

  • Early Termination Fees (ETFs)
  • Base charges added to your bill regardless of usage
  • Tiered usage rates that can increase costs if you exceed or don’t meet certain kWh thresholds
  • Minimum usage penalties for using less than a specified amount
  • TDSP (Transmission and Distribution Service Provider) charges from Oncor

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