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Are you ready to save hundreds on your electricity bill?

Discover how to get the best electricity rates in Texas - within seconds!

Electricity Companies in Plano, Texas: How To Find The Best One For Your Energy Needs

Wondering whether you can save some money by finding a more affordable rate from a different electricity company in Plano?

Finding the answer to this question on your own is going to lead to nothing but headaches and misery. 

Get ready for reams of fine print, tricky marketing gimmicks, and an overwhelming number of options that would confuse and bewilder even the most practiced online shopper. 

There’s A Better Way To Shop For Electricity. 

It’s called Power Wizard. 

Never shop alone again. Trust our industry experts to match your unique energy needs with the plan that’s best for you!

Let us find you the best plan in seconds and start saving.


In this guide, you’ll learn all the information you need about electricity companies in Plano and how to find the best energy company for your electricity needs.

Can I Choose Any Electricity Company in Plano?

Did you know that if you live in Plano, you have the ability to choose your own electricity company?

That’s right.

Residents living in Plano are able to choose their own electricity company from among the 10+ Retail Electric Providers (REPs) that service the Plano area.

While finding out that you have the ability to select your own electricity company might be exciting news, you may also be wondering why you have so many choices.

That’s a great question.

The answer is simple…deregulation.

Electricity Companies In Plano Exist Because Of Deregulation

The majority of the Texas electricity market was deregulated in 2002 with the passing of Texas Senate Bill 7.

Thanks to deregulation, competition entered the Texas electricity market, and residents living in the deregulated areas of Texas began to choose their own electricity companies.

Now, almost 20 years after the introduction of deregulation, there are 160+ electricity companies servicing the state of Texas, with 10+ electricity companies in Plano alone.

With so many electricity companies to choose from, finding the right one can be a difficult task.

Luckily, Power Wizard makes the process simple and quick.

With just a little bit of information about your home and electricity usage, Power Wizard’s Shopping Tool will match you up with the best company for your needs in as little as 10 minutes.

What Is The Cheapest Electricity Company In Plano?

As you are shopping around for an electricity company in Plano, it’s only natural that you’d be interested in finding out which is the cheapest.

After all, no one wants to overspend on electricity.

Maybe you Google “cheapest electricity company in Plano,” or maybe you ask your friends and neighbors for their recommendations.

But be careful.

The cheapest company is not always the best option.

The cheapest company for your neighbor might not be the cheapest for you. It depends on your electricity needs.

Let’s take a look at Lauren’s situation.

Lauren was in the process of moving from her parent’s home into a new condo in Plano, TX.

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Since Lauren had no experience choosing an electric company, she asked her parents, friends, and new neighbors for suggestions and ultimately decided to go with the “cheap” company suggested by her new neighbor, Joyce.

Joyce explained that she and her husband recently switched to a new company and now their current rates are about 25% less than their prior rates.

While this new company seems to be cheaper for Joyce and her husband, the chances are that it will not be the best choice for Lauren.

If Lauren had taken the time to read the fine print for the plan she chose, she would have seen that this plan comes with a minimum usage clause.

This means that if you fail to meet the minimum kWh usage required by the plan, your rates may actually be higher than advertised.

This is bad news for Lauren. While Joyce works from home and her husband works a standard 9-5, Lauren lives alone, attends college, and works long hours at her waitressing job.

This means that Lauren’s electricity usage will be much lower than Joyce’s.

Should Lauren fail to meet the minimum usage requirement of her plan, it is very likely that she will end up paying much more than she should.

electricity companies in Plano

3 Electricity Companies In Plano

With 160+ Retail Electricity providers in Texas and more than 10 electricity companies in Plano alone, it’s hard to know which company will offer the best plan and rates to meet your specific needs.

Let’s take a more detailed look at just a few of the electricity companies in Plano you can choose from.

Plano Electricity Company #1: First Choice Power

First Choice Power is one of several electricity companies providing electricity service in Plano.

Founded in 2001, First Choice Power offers a wide variety of plan types based on your zip code and individual electricity needs.

Regardless of the plan type you choose, First Choice Power pledges to offer its customers low rates with no gimmicks or hidden fees.

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First Choice Power Electricity Plans

Some of the plan types First Choice Power offers in Plano include:

  • Fixed-Rate plans with contracts ranging from 12-36 months
  • Green Energy plans with a 12-month fixed-rate
  • Free Weekend plans with 12-24 month contract terms
  • Free Night plans with a 12-month contract term
  • Month-to-Month plans with no set contract length

Who Is First Choice Power For?

Joel is a professional electrician who was offered a 6-month contract working on a construction project in Plano.

While he could stay at the extended-stay hotel along with the other contractors working on the project, he’s chosen to stay elsewhere since he’s bringing along his long-time girlfriend.

They found a fully furnished condo available on a month-to-month contract, but they must secure their own utilities.

The search for electricity begins.

Being new to the state of Texas and unfamiliar with how deregulated energy works, Joel quickly becomes confused and overwhelmed with the process of locating electricity companies in Plano.

All he knows for sure is that he needs a month-to-month plan, and he needs it now.

It’s possible that First Choice Power’s month-to-month plan may be the best plan to meet Joel’s needs, but it’s also very likely that there is another plan that will better suit his circumstances.

Luckily, Joel’s landlord suggested that he use Power Wizard’s Shopping Tool to quickly and easily identify the single best plan for him.

What Makes First Choice Power Different From Other Companies?

First Choice Power is different from other electricity companies in Plano because they:

  • Offer a wide variety of plan types
  • Service a large area of Texas from Houston to Dallas to Killen to Abilene
  • Offer an easy-to-use online account manager, accessible from both computers and mobile devices
  • Offer a “Refer a Friend” program, where both the customer as well as their referral receive $25 bill credits

Plano Electricity Company #2: Cirro Energy

Cirro Energy, a Texas-based REP that states its focus is on simplicity, is another one of the many electricity companies in Plano.

Cirro touts itself as providing service that is easyaffordable, and hassle-free.

  • Money-saving options
  • Short or long-term contract options
  • Low, fixed rates
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Offers a few different plan types, including:

  • Smart Lock: fixed-rate plans with 12-36 month contract length
  • Smart Secure: fixed-rate plans with no usage charge
  • Smart Flex: a flexible plan with no long-term contract

Who Is Cirro Energy For?

Zoe and Martin have decided to shop around for a new electricity company in Plano.

They live in a 1600 sq ft house along with their 2 young children.

Both maintain fairly regular work hours, with Martin working at a nearby architecture firm and Zoe working as an assistant manager at a local retail store.

With 2 young children, Zoe and Martin must budget carefully in order to afford all of their bills while also making regular deposits to their modest savings account.

It’s important for them not to be surprised by unexpectedly high electricity bills in order to maintain their budget.

With their wide variety of fixed-rate plan offerings, it’s possible that Cirro Energy might be the right company for Zoe and Martin.

However, it’s also possible that there is another company that’s a better match.

Unless they use Power Wizard’s Shopping Tool, it’s likely that Zoe and Martin could still end up paying more than they should for electricity.

electricity companies in Plano

What Makes Cirro Energy Different From Other Companies?

Some of the factors that differentiate Cirro Energy from other electricity companies in Plano include:

  • Their commitment to philanthropy: Boo at the Fort Worth Zoo, North Texas Public Broadcasting, and Ronald McDonald House are among the causes they support
  • Their sponsorships of local community organizations, such as the Plano Sports Authority Centers
  • Their perks and monthly promotions offered to their customers, such as their $50 bill credits

Plano Electricity Company #3: Gexa Energy

Gexa Energy is yet another electricity company in Plano.

Based in Houston, Gexa Energy, also known as Gexa Corp, services all of the deregulated areas of Texas.

Gexa Energy believes that it’s good for its customers to have options. Because of this, they offer a wide variety of plans to choose from.

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Gexa Electricity Plans

Gexa Energy offers both residential and business plans.

Some of the residential plan types offered include:

  • Free 3-Day Weekends Plan: offering free electricity from 12 am Friday until 12 am Monday every week
  • Free Mornings and Nights Plan: offering free electricity from 8 pm until 8 am every day
  • 100% Renewable Plans: offering renewable energy at no additional cost
  • EveryDay EveryNight: offering low rates 24/7, not just at night or on the weekends.
  • Gexa Premium/Supreme: offering straight-forward fixed-rate plans for either 12 or 24 months

In addition to these residential plans, Gexa also offers customized plans for both small and large businesses.

Who Is Gexa For?

Doug and Carrie are a newly married couple who are looking to replace their prepaid electricity plan with something more long-term.

Shortly after their wedding, Doug and Carrie were brought to Plano when Doug was offered an interim manager position. Now that he has been offered a long-term and stable position in management, their stay in Plano appears to be more permanent.

As is often common for newlyweds, Doug and Carrie are just getting started financially and have little savings or wiggle room in their budget. It’s important for them to have a stable electricity bill each month that they know they can pay without breaking the budget.

Doug and Carrie are also avid supporters of conservation, committed to reducing their footprint as much as possible, making a Renewable Energy electricity plan very important to them both.

Based on these factors, it’s possible that Gexa Energy’s Renewable Energy plan just might be the best option for them.

But what if it’s not?

By using Power Wizard’s Shopping tool to match them with the very best plan available in their area, Doug and Carrie can rest assured that they will not be overpaying for the electricity services.

What Makes Gexa Different From Other Companies?

Gexa Energy differs from many other REPs in Texas for many reasons, including:

  • Gexa places a large amount of focus on their renewable energy plans
  • Gexa offers a “Happiness Guarantee,” which allows customers who are unhappy with their service to cancel services, penalty-free, within the first 60 days of their contracts
  • Gexa offers a “Share & Save” referral program, which awards customers with bill credits for each new customer they refer
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How To Choose The Best Electric Company In Plano, TX

There are so many electricity companies to choose from that it’s hard to narrow it down to the best electric company in Plano, TX.

That’s because “best” is subjective.

What’s best for one person most likely won’t be the best plan for their friend or neighbor.

It really comes down to finding the one that fits your personal and specific energy needs best.

Keep in mind that there are more than 10 electricity companies in Plano to choose from, so finding the best plan for your needs will take some time and effort.

Just how much time and effort depends on the research option you choose.

Option 1: Manually Search For The Best Electricity Company in Plano

If you decide to go with manually searching electricity companies in Plano, it’s time to clear your schedule and buckle your seatbelt because you’re in for a long and bumpy ride.

You might want to brew yourself an extra-large pot of coffee first.

The steps for manually searching electricity companies are as follows:

  1. Research the 10+ electricity companies in Plano. Make a spreadsheet of the companies that service your address
    b. Starting at the top of the spreadsheet, visit the first company’s website
    i.Locate the plan types available to you

    1. Starting with the first plan type, add the details to your spreadsheet, including things such as: a. Plan term
      b. Cost per kWh
      c. Required deposits
      d. Additional fees
      e. Other important information
    2. Move on to the second plan and log its details
    3. Continue on until all plan types for company #1 have been logged
      c. Move on to the second company and visit that company’s website, and complete all of the above steps for each plan offered by company #2
      d. Repeat the same process for each of the companies on your list
  2. Compare the details of every plan offered by every company available in your area that you have logged (this could easily be 100+ plans)a. Review the spreadsheet, considering the details of each and every plan available, making a note of the details that matter most to you
  3. Check out company reviews – you don’t want to sign up for a company you won’t be happy with
  4. Try and pick ONE single plan that you think is best for you among the 100+ plans available – be aware that this step may or may not involve a quick game of eenie-meenie-miney-moe.
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To say that this process is time-consumingfrustrating, and confusing is probably the understatement of the year.

And the worst part of it all?

After investing hours, if not days, in this process, it’s likely that it might not even yield the best results, and you could still end up overpaying for electricity.

Ready to hear about an easier way?

Option 2: A Step-By-Step Process To Choose An Electricity Company in Plano

It’s time to say ‘hello’ to Power Wizard’s Shopping tool.

By using this proprietary, innovative, and automated tool, you can shrink the above process down to a simple 10 minutes.

In order to use our state of the art algorithm, all you need to do is:

  1. Input your zipcode
  2. Answer a few simple questions about your home and electricity usage
  3. Sit back and let Power Wizard do all of the work

In less than 10 minutes, Power Wizard will match you with the single best plan to match your personal needs and electricity usage.

Power Wizard is 100% unbiased and unaffiliated with any REP, so you can rest assured that you’ve been matched with the very best plan for you.

But Power Wizard doesn’t stop there. We will monitor your usage and the market to ensure that you continue to have the very best plan to meet your needs.

We can guarantee that a game of eenie-meenie-miney-moe won’t yield such great results.

electricity companies in Plano

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