Your insider’s guide to finding the best electricity rates and energy plans in McKinney
Whether a new resident or a long-time homeowner, this comprehensive guide helps you search for affordable electricity in McKinney.
You have the power to choose your home’s electric provider in McKinney.
In 2009, Compare Power started helping McKinney residents find energy plans without a finder’s fee.
Compare Power users need not contact energy companies for quotes because the site’s standardized search results feature updated rates.
These search results consider the base rates, taxes, and charges associated with each quote without clever gimmicks or hidden fees.
Electricity Price Trends in McKinney
The Texas State Legislature approved the deregulation of the state’s electricity industry in 2002. The legislature’s decision eliminated energy monopolies for most communities across the state.
Why is this important for a McKinney resident or business owner? A deregulated energy market means that up to 100 companies compete for business in your community. This competition translates into lower monthly rates on energy plans.
Now is the time to shop and switch energy plans. Compare Power gathers quoted rates on hundreds of plans available to McKinney residents. With a few clicks, you can save hundreds of dollars each year on your energy bill by leveraging the benefits of a deregulated market.
Average Electricity Rates in McKinney
May 2026The average residential electricity rate in Texas is 16.4¢, 11% less than the U.S. average.
EIA Rates
Residential · Texas · last 24 months
- Latest
- 16.4¢/kWh
- Period avg
- 15.5¢/kWh
- Min
- 14.6¢/kWh
- Max
- 17.0¢/kWh
Got me the cheapest electric. Nice.
How to Find the Best Energy Plan in McKinney
Knowing your usage is the number one rule for finding your best energy plan. Why is this important?
Energy companies in McKinney use a single monthly usage rate to determine the quoted price per kilowatt-hour (kWh). This works well if you use that amount of electricity each month because the quote will match your monthly bill.
The problem comes when your home uses more or less electricity than the quoted rate. Homeowners may be shocked when their monthly bills are much higher than the quoted rate.
Compare Power simplifies the process by using your usage rate to customize quotes. You’ll see quoted electricity rates based on your usage rather than monthly usage.
Before heading to Compare Power, it is important to determine your monthly electrical usage. Your zip code and usage are the keys to affordable energy rates in an instant. Once you find the best rate, you can complete your new contract on-site.
If you don’t have your exact monthly usage, you should estimate to the best of your ability. An estimated rate is a better approach than accepting the first plan you find in McKinney.
Use Compare Power to find the best energy plan for your specific usage.
Moving to McKinney: Setting up Electricity
Thanks to the 2014 Money Magazine designation as America’s Best Place to Live, McKinney has attracted new residents for years. This designation was gained thanks to a thriving economy, good schools, and affordable housing. Finding affordable energy can make McKinney an even better place to live.
New homeowners setting up electrical service in McKinney should obtain the previous year’s energy usage for their properties.
Contact your home’s previous owner to find usage rates for the last 12 months. This process can take some research, but your budget will thank you for the effort.
Compare Power’s “Help Me Choose” tool is an alternative to exact monthly usage. This tool lets you enter your zip code and evaluate your new home’s needs.
Switching Electricity Companies in McKinney
You shouldn’t wait until the end of your energy contract to search for a new provider. The end of your contract could mean an increase in your monthly energy bill. The time is now to search for affordable power in McKinney.
The benefits of switching your energy plans include:
- Avoiding a break-up call with your current provider because your new provider will handle the transition.
- Taking advantage of the 14-day window to cancel your plan early without penalty under state law.
- Determining if an early cancellation penalty is worthwhile because your new plan offers significant monthly savings.
Switching your energy plan only takes minutes, and you need not worry about losing power because the power lines stay the same.
Before switching, check your usage rates to get the most accurate quote from Compare Power.
McKinney Energy Companies
Looking for a great electric company in McKinney?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
Click on the company of your choice to view rates, learn more, or sign up.
No-Deposit Electricity Plans in McKinney
A deposit on an electricity plan in McKinney may be required if you are a new customer with a provider. However, it is a buyer’s market for energy plans in Texas, and you never need to settle for paying a deposit to power your home.
Compare Power shows you no-deposit plans among the many plans listed in search results. Each plan indicates deposit requirements, so you aren’t caught off guard.
After finding a no-deposit plan, you can complete the signup without leaving the site in minutes.
Learn how to get no-deposit lights in Dallas.
Deposit Waivers
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 - PUCT §25.478.
McKinney Business Electricity Plans
The deregulated energy market in Texas can be a lifesaver for small businesses. Companies in McKinney can select their energy provider and shop around for affordable electrical rates. This ability to compare allows entrepreneurs to keep costs low and serve their customers.
Compare Power facilitates a sealed bid process from commercial energy providers through its website. This process means that providers are offering their best rates to business owners.
Once you find the right bid for you, selecting a plan and switching contracts from a single site is possible. You can complete this process in minutes and get on with your day.
Click hereto get competing quotes for your business electricity.
McKinney Utilities
Electricity
To learn more about smart meters or to download your electricity usage, visit +1 (888) 313-4747.
To report an issue with your electricity service or power outages in McKinney, call or visit the https://stormcenter.oncor.com: +1 (888) 313-4747
Gas
For gas service in McKinney, call or visit https://www.atmosenergy.com at 888-286-6700.
Garbage/Recycling Pickup
In McKinney, garbage, sewer, and recycling services are included with your water utilities bill from the City of McKinney.
Water
Thehttps://www.mckinneytexas.org/3570/Public-Works is a public utility owned by the City of McKinney, TX.
Customer Care: 972-547-7550
Hours of operation: Monday - Friday, 7:45 am - 5 pm.
Other Utility Service Areas in Texas
Not in the Oncor Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View Electricity Prices for Zip Codes in McKinney
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular TX ZIP codes
- 75001
- 75002
- 75006
- 75007
- 75009
- 75010
- 75011
- 75013
- 75015
- 75019
- 75020
- 75021
- 75022
- 75023
- 75024
- 75025
- 75028
- 75032
- 75033
- 75034
- 75035
- 75036
- 75038
- 75039
- 75040
- 75041
- 75042
- 75043
- 75044
- 75046
- 75048
- 75050
- 75051
- 75052
- 75054
- 75056
- 75057
- 75058
- 75060
- 75061
Showing 40 of 1321 TX ZIP codes.
View Electricity Prices for Cities Near McKinney
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.