7 Electricity Companies In McKinney, Texas
Finding an electric plan in Texas is like finding a needle in a haystack.
In the state of Texas, there are over 130 different Retail Electric Companies (REPs) — that’s a pretty big haystack!
What you need is some sort of magic needle-finder!
And while we can’t offer you a needle-finder, we do have a tool that will give you the best electric plan in minutes!
Enter your information into Power Wizard’s Shopping Tool and let us do the rest!
Now, you can go back to your (kind of weird) hobby of sewing in haystacks.
Let us find you the best plan in seconds and start saving.
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Electricity Market In McKinney
In most states in the U.S., consumers only have one electricity utility company to choose from. With these companies, the rates are regulated by the government and there is no space to negotiate the cost of electricity.
Electricity deregulation in Texas was approved in January of 2002.
As a result, 85% of Texas power consumers can choose their electricity service from a variety of Retail Electric Providers (REPs).
As a current or future resident of McKinney, this applies to you. Instead of only having one large utility company, you have dozens of REPs to choose from.
So, what does that actually mean for you?
In short, deregulation means that you have the freedom to choose which REP you want to provide electricity to your home or business.
But, it also has some other perks.
Deregulation:
- Reduces generation costs and customer prices
- Allows you to choose from multiple energy providers based on what rate best fits your needs
Pretty sweet, right?
Even though you now know what energy deregulation is, you still might be thinking “But how do I find the best rate for me among all of the McKinney electricity providers?”
It’s time to dive into the different types of electricity plans that are available in McKinney.
It’s important to shop around to get the best rate and plan for your family.
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Learn More in Under 2 MinsWhich Electricity Company In McKinney Has The Best Rate?
You like a good deal — something bought on sale is automatically more exciting for you.
But, if you really want to find the right plan and REP for you, you’re going to have to leave this mentality behind.
The “cheapest” rate depends entirely on your needs and usage.
The key to finding the best rate and plan for your unique energy needs is knowing that the cheapest electric company in McKinney, TX may not be the best one for you.
Cheap or promotional rates can often come with the baggage of:
- Hidden fees
- Binding contracts
- Other stipulations
And a lower price tag can mistakenly overshadow these hidden traps.
The way rates are structured, finding the right rate rather than the cheapest rate is the best way to save money.
So, how do you avoid the promotional trap while still locking in an affordable electricity rate?
Power Wizard’s Shopping Tool is the most effective way to shop for electricity rates and plans.
Instead of wasting hours and days, our unbiased algorithm can show you the best rates available to you in less than five minutes.
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Electric Companies In McKinney
Like we mentioned before, there are over 160 different retail electric providers (REPs) in the entire state of Texas.
From those, there are many, many REPs to choose from to provide service to your McKinney home or business.
As you research and read about the available REPs that service McKinney, think about the following:
- What is the size of your home?
- How many stories does your home have?
- When was your home built?
- What type of lifestyle do you and your family live?
- How many appliances does your home have?
- What McKinney zipcode do you live in?
Some of these factors will help you to narrow down and eliminate plans that don’t fulfill your energy needs.
McKinney Electricity Company #1: Cirro Energy
One of the dozens of REPs available to you in McKinney is Cirro Energy.
They supply energy plans to residential and commercial customers.
Founded in 2008, Cirro Energy also goes by the names Discount Power, US Retailers, Pennywise, Pennywise Power, and Compassion Energy.
Cirro Energy Electricity Plans
Cirro Energy offers multiple energy plans for both homes and businesses.
For a residential plan in McKinney, available plans include:
- Smart LockSM 36
- 36 Months
- Fixed
- Smart LockSM Select 24
- 24 Months
- Fixed
- Smart Secure 12
- 12 Months
- Fixed
- Smart FlexSM Online
- 1 Month
- Variable
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Who Is Cirro Energy For
Most electricity plans offered by Cirro Energy in McKinney are fixed-rate plans and have long-term contracts.
Fixed-rate plans are great for consumers who don’t want any surprises on their monthly bill.
What Makes Cirro Energy Different From Other Companies
One of the Cirro Energy Perks is a promotion of the month, which is something that makes Cirro Energy stand apart from other REPs in Texas.
Since the promotion changes every month, you might not see a perk or plan that works for you now but may see one that does in the future.
At least one of the Cirro Energy plans (SmartLock) offers a cash-back credit on your bill. If you opt for this special plan, Cirro Energy credits $50 to your bill.
McKinney Electricity Company #2: Pulse Power
Pulse Power was founded in 2004 and also goes by the names Energy to Go, New Power Texas, PowerNext, and Lone Star.
They are committed to providing convenient and affordable electricity plans for homes and business.
Pulse Power Electricity Plans
Pulse Power offers a number of different electricity plans for McKinney residents.
A few available plans are:
- Texas Saver 12
- 12 months
- Fixed-rate
- Texas Saver 24
- 24 months
- Fixed-rate
- Texas Green Fixed 36
- 36 months
- Fixed-rate
- 100% renewable plan
- Texas Green Fixed 12
- 12 months
- Fixed-rate
- 100% renewable plan
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Learn More in Under 2 MinsWho Is Pulse Power For
Pulse Power could be a great option for McKinney customers looking to live a more sustainable, green, lifestyle.
Texas leads the nation in wind power, and this makes renewable energy an attainable option for you and your home or business.
What Makes Pulse Power Different From Other Companies
Pulse Power customizes electricity plans for their customers with business plans.
McKinney Electricity Company #3: 4Change Energy
Another available REP to you in McKinney is 4Change Energy.
The company was founded in 2001 and also goes by the name Express Energy.
4Change Energy Electricity Plans
4Change Energy offers many different plans for both residential and business customers.
Their energy plans in McKinney include:
- Maxx Saver 12
- 12 months
- Fixed-rate
- Free Energy 12
- 12 months
- Fixed-rate
- Eco Saver Plus 12
- 12 months
- Fixed-rate
- 100% Texas Wind
- Up to $50 monthly bill credits
The rates for these plans are changing constantly due to the wholesale prices of electricity in the Texas market.
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Rates you see today might not be available tomorrow or three months from now.
Who Is 4Change Energy For
4Change Energy doesn’t offer any variable rate plans to McKinney customers, so those looking for fixed-rate predictability could find them to be a good REP for their energy needs.
What Makes 4Change Energy Different From Other Companies
4Change Energy is also different than other REPs in the following ways:
- They offer $25 gift cards for referring someone else to their service
- They offer 24/7 account management
- They have a satisfaction guarantee that allows a customer to adjust their electricity plan or switch to a new plan if they aren’t completely satisfied within the first 30 days of enrollment
McKinney Electricity Company #4: Spark Energy
Spark Energy is an electricity and natural gas provider.
They were founded in 1999 in Houston, Texas, and provide electricity plans in many different cities throughout the state, including McKinney.
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Learn More in Under 2 MinsSpark Energy Electricity Plans
Spark Energy electricity and natural gas plans offer:
- Fixed-rate plans
- 100% green, renewable electricity
- Carbon-neutral natural gas
- 6-month, 12-month, 18-month and longer contracts
Two examples of specific plans McKinney consumers could sign up for are:
- Spark Instant-Plus Plana. Works like a fixed-rate plan
b. As long as your monthly electricity usage does not exceed 2,000 kWh a month, your monthly electric bill will always be the same - Instant Boost 12 Plana. As long as your monthly usage doesn’t go over 3,000 kWh you’ll pay a flat base price each month
b. 12 month contract
c. If you exceed the monthly usage threshold, you will pay a price per kWh above the threshold including the monthly base fee
Who Is Spark Energy For
Current or future McKinney residents who are looking for an electricity plan that offers them both fixed-rate and renewable energy could find a good fit in Spark Energy.
What Makes Spark Energy Different From Other Companies
Spark Energy has a few factors that separate it from other McKinney electric companies.
- They sell both electricity and natural gas, while a number of other Texas REPs only supply electricity
- They operate in 19 states including Nevada, Arizona, Colorado, Texas, and Florida
- They support organizations like:
- Child Advocates
- Helping a Hero
McKinney Electricity Company #5: Direct Energy
Founded in 2001, Direct Energy also goes by the names Direct Energy Business Services, Direct Energy Multi-Family, and New Leaf Energy. Direct Energy officially acquired Bounce energy in 2013.
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Direct Energy Electricity Plans
There are a number of different plans available to McKinney residents with Direct Energy, with the major plan types being fixed-rate and variable-rate plans.
Bounce Energy electricity and natural gas plans offer:
- 100% renewable energy
- Fixed-rate
- Variable-rate
- Free electricity hours
- Discounts for enrolling in Auto-Pay
- Month-to-month, 12, 24, and 36-month contracts
Who Is Direct Energy For
Direct Energy offers its customers a variety of different electricity rates, depending on the plan, term length, bonus perks, and expected usage.
In McKinney, a few available plans include:
- Twelve Hour Power 12
- Electricity + Free Nights
- 12 Month
- Fixed-rate
- Live Brighter ® 36
- 36 Month
- Fixed-rate
- Free Power Weekends 12
- Electricity + Free Weekends
- 12 Month
- Fixed-rate
- Green Texas 12
- Green Energy
- 12 Month
- Fixed-rate
- Bright Choice
- No contract
- Month-to-month
- Variable-rate
- And many more
Remember: Direct Energy may be the right REP for your situation, but it also may not be.
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Learn More in Under 2 MinsWhat Makes Direct Energy Different From Other Companies
Direct Energy is different from other Texas REPs for a number of reasons.
First, Direct Energy provides more than just electricity.
They are one of North America’s largest competitive energy suppliers of electricity and natural gas.
Second, they operate in 10 Canadian provinces, 46 states in the U.S., and the District of Columbia.
Over 6 million residential, business, and services customers use Direct Energy for their electricity and natural gas, home energy services, and energy-efficient solutions every day.
McKinney Electricity Company #6: Payless Power
Payless Power is a Fort Worth-based REP. Founded in 2005, they also go by the names Young Energy, Mio Electric, Uno Energy, Neo Electricity, and Paga Menos.
They offer both residential and business plans. In fact, their business plans can be priced on an individual basis.
Payless Power will not make you sign a contract, pay an electricity security deposit, or provide ID.
Payless Power Electricity Plans
One of the plans McKinney energy consumers have available through Payless Power includes:
- SmarTricity Easy Choice
- No credit check
- Prepaid plan
- No Deposit
- Variable-rate
- No cancellation fee
- $75 minimum payment required to start service
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Who Is Payless Power For
McKinney residents looking for savings and flexibility in their electricity plan may find Payless Power to be a good fit for them.
Generally speaking, if you are…
- Living in temporary housing
- In between moves
- In the market for a fixed-rate plan but want to wait for prices to decrease
…you might consider this type of plan.
OR
If you feel confident in your knowledge of the electricity market where you live, a variable rate electricity plan may also be right for you.
What Makes Payless Power Different From Other Companies
Payless Power offers both prepaid and traditional electricity service, but if you choose prepaid, they will install a smart meter in your home or office to help you stay on top of daily usage.
A smart meter is an electronic device that records your energy consumption and communicates that information to your REP for monitoring and billing.
Having a smart meter with Payless Power enables same-day connection.
No matter what plan you choose, Payless Power does not require any deposits, credit checks, or long-term contracts to obtain electricity service.
McKinney Electricity Company #7: Constellation
Founded in 2001, Constellation NewEnergy also goes by the names Aes NewEnergy, Newenergy, Constellation, and Startex Power.
They service Houston, DFW, McKinney, and other areas across Texas.
Constellation is one of the top three retail natural gas suppliers in the United States.
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Learn More in Under 2 MinsConstellation Electricity Plans
There are many different electricity plans available to you in McKinney from Constellation NewEnergy.
These include:
- 12 Month GREEN (No Min Usage Fee)
- 12 months
- 100% Wind Power
- 12 Month Usage Bill Credit
- 12 months
- Fixed-rate
- 36 Month Usage Bill Credit
- 36 months
- Fixed-rate
Who Is Constellation For
McKinney residents who want to make an effort to consume green energy could find a good plan in Constellation’s 12 Month GREEN plan.
They also offer mainly fixed-rate, long-term plans, so those looking to move may not find Constellation to be a good fit.
What Makes Constellation Different From Other Companies
Constellation prides itself on personal, user-friendly experiences.
They include detailed product and services pages in hopes of empowering you to make smart, informed choices.
If you choose Constellation as your energy supplier, in most markets, you will still be billed by your utility. In other markets, you will be billed directly by Constellation.
They offer a number of payment options to consumers with either residential or business plans that they bill directly. You can pay your bill:
- Online
- By phone
- By check
How To Choose The Best Electric Company In McKinney, TX
Because rates and plans can change so frequently, you’re looking for a quick and easy way to find and sign up for a REP in McKinney that you can feel confident about.
But, there are over 160 different REPs in Texas and dozens are available in McKinney alone.
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As tempting as it may be to jump at the promotional rates, you know that you want to avoid the hidden baggage they come with.
In order to find the best rate, plan, and REP possible for you and your family, a few key points to keep in mind are:
- Knowing what’s included in the rate
- Understanding what the total cost of a plan will be
- Knowing the available term lengths associated with the plan
- If any additional perks or bonuses are included with the plan or rate
“The best” REP and electricity company will depend on you and your family’s specific circumstances.
In order to narrow the options down to one electric company, you ultimately have two choices: the hard way or the easy way.
Manually
Doing a manual search can quickly take up a lot of your spare time.
You can almost guarantee you’ll find yourself frustrated, exhausted, and confused.
Finding the “best” price will be hard to find on your own without:
- Spending hours looking up every available REP in McKinney
- Taking copious notes about their available plans
- Comparing your individual usage to the various types of rates available
- Reading the fine print on all the available contracts (this is how you’ll dodge those promotions and seemingly “cheap” rates)
- Making a decision based on rate quotes from each company
- Start this process over multiple times since electricity rates change several times each day
All that time staring at your computer screen is likely to have you rubbing your eyes for days.
And even with all of this intensive research, do you really feel confident you’ve found the right rate and plan for you?
Can you be absolutely sure?
Likely, no.
But don’t throw in the towel yet — there is one other way (and it’s a lot easier on the eyes).
Automatically With Power Wizard
While there may not be such a thing as the “best electric company in McKinney, TX, ” there is such a thing as the best electric company for you.
And Power Wizard knows which one that is.
Let us help you find it, by just submitting a couple of pieces of information into our Shopping Tool.
All you have to do is enter…
- Your specific McKinney zip-code
- The size of your home
- A few other relevant pieces of information
…and Power Wizard’s Shopping Tool will compare all of the plans available in McKinney and give you the best overall option.
The best part? It takes less than five minutes.
But it doesn’t even stop there.
Power Wizard continues to monitor your plan and make sure that it remains the best fit for your home, family, or business.
Power Wizard finds you the best electricity plan and ensures you won’t overpay for electricity again.
Learn More in Under 2 Mins