Compare Plans
McKinney

McKinney Electricity Rates

Moving? | Switching? | Compare Official Rates for competing energy companies in McKinney, Texas. Not all plans are equal. This free consumer service helps you cut through hidden fees & confusing ads to quickly discover the best energy plan for your home or business. No-deposit energy plans & same day power available.

Graham Griffin
G
Enri Zhulati
E
Ryan Hatch
R
Written by , Edited by , Reviewed by

Article

At your usage level

What McKinney plans cost right now

Live pricing for the Oncor delivery territory · August 2026

15.3¢
Average across live McKinney plans
6.8¢
Where plans we price start today
Paying more than 15.3¢? It isn’t your fault.
Check your bill in 2 minutes →

Computed across 122 live plans at 1,000 kWh, Oncor delivery included — every one from a PUCT-licensed provider we work with. Same wires either way; only the contract changes.

Advertised rates are built to win the ad, not your bill — they only hold at one exact usage. Every number on this page already bakes in fees, credits, and delivery, so the trick doesn’t work here.

Your 3-step plan

Know your ZIP? Skip the list.

1. Enter your ZIP. 2. We price every McKinney plan we offer at your real usage. 3. Order online in about 10 minutes — power on the date you pick. No account, no spam.

Power off, or worried about a deposit? Same-day, no-deposit options →

Top plans

Top McKinney plans by monthly usage

Fees and bill credits bend each plan’s price curve — that’s how a bargain ad turns into an ugly bill. Pick the tab closest to your monthly usage and the trick stops working. Delivery included.

Order now = online checkout in about 10 minutes. Pick your start date — same-day at most addresses — and your account number arrives by email.

Today’s standout

Best-value 12-month plan

SimpleSaver 12

APGE

6.8¢

at 1,000 kWh

$68

est. monthly total

Order now →

The lowest effective 12-month rate we price in the McKinney area today. Your usage may crown a different winner — price it at your numbers.

Your delivery utility

Who delivers electricity in McKinney

Oncor owns and maintains the poles, wires, and meters in McKinney. Whichever plan you pick, Oncor still delivers the power and restores outages — switching providers never changes your wires. Every price on this page already includes Oncor delivery charges. If a rate elsewhere looks lower, check whether delivery is in it yet.

Outages: 888-313-4747 (Oncor)

Oncor delivers no matter who you pick — so pick the cheapest contract. See today’s plans ↑ More about Oncor →
Quick answers

McKinney electricity questions, answered

As of August 2026, plans we offer in the Oncor territory average 15.3¢ per kWh at 1,000 kWh of monthly use, and today’s lowest effective rate is 6.8¢. Advertised rates move with your usage, so price plans at your own numbers.

Oncor is McKinney’s transmission and delivery utility. It owns the wires and meters and restores outages. You choose your retail electricity provider; Oncor delivers no matter who you pick.

Yes — most McKinney addresses have smart meters, so orders placed by 5 p.m. on a business day can start the same day. Pick your start date at checkout, up to 90 days ahead.

Compare effective rates at YOUR usage, not advertised rates — fees and bill credits bend each plan differently. Check the contract length and cancellation fee, then confirm delivery charges are included. The tables on this page do all three, and checkout takes about ten minutes.

Yes. Texas law gives you a 14-day window before your contract end date to switch with NO early-termination fee. Find your end date on your bill, then shop it today — the expensive move is drifting onto a holdover rate.

It changes with your usage. The lowest effective rate we price in McKinney today is 6.8¢ per kWh at 1,000 kWh — but a plan that wins at 1,000 kWh can lose at 2,000. Enter your ZIP and usage to see which company is cheapest for your home.

We currently price 122 plans in McKinney, every one from a PUCT-licensed provider we work with, priced with delivery included.

Who sells here

Electricity companies serving McKinney

17 providers sell into the Oncor territory today, between them offering 122 residential plans. Cheapest first, priced at 1,000 kWh with fees and delivery included.

17
companies selling here
6.8¢
cheapest today, all in
122
plans between them

Every provider here is licensed by the Public Utility Commission of Texas. A licence says they can sell to you; it says nothing about whether the plan is any good. Compare the total at your own usage, not the headline rate.

By ZIP code

Electricity rates by ZIP code in McKinney

McKinney spans 6 ZIP codes. Rates are set by delivery territory rather than ZIP, so these will usually match — check yours if your street sits on a boundary.

Also worth knowing

Other things people in McKinney ask about

None of these change from one Texas city to the next, so they live on one page each rather than being repeated here.

Why Texans trust us

We’d rather you stay than switch wrong

We’ve read thousands of confusing Texas bills. We know the sting when the “great rate” turns out to be neither — and it’s not because you did anything wrong.

We tell 47% of shoppers to keep the plan they already have.

Online checkout takes about 10 minutes, start date up to 90 days out.

Ten minutes from now you can be done with it: plan locked at your real usage, start date set, account number in your inbox.

Read real reviews from real Texans →

Moving to McKinney? Set up your utilities in one pass

Electricity is the only utility you choose — and the only one where the wrong pick costs you every month. The rest come fixed with your address. The whole list:

  1. 1

    Turn on electricity

    Most McKinney addresses have smart meters — order by 5 p.m. on a business day and power can start the same day. Pick from today’s plans above, or price every plan we offer at your usage.

    Price plans for your new address →
  2. 2

    Start water & sewer

    Set by your address — one provider, no shopping needed.

    City of McKinney Water Department Call 972-547-7550 Website →
    City of McKinney Wastewater Services Call 972-547-7550 Website →
  3. 3

    Connect natural gas

    Set by your address — one provider, no shopping needed.

    Atmos Energy Call 888-286-6700 Website →
  4. 4

    Set up trash & recycling

    Set by your address — one provider, no shopping needed.

    City of McKinney Solid Waste Services Call 972-547-7550 Website →
Nearby cities

Electricity rates near McKinney

Same market rules — every nearby city priced live.

Frisco electricity rates Plano electricity rates Dallas electricity rates
Go deeper The full McKinney electricity guide Read the guide ↓

About McKinney: population 199,177 · Collin County · deregulated — you choose your provider.

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.

Instantly compare competing McKinney electricity companies

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 2026

The average residential electricity rate in Texas is 16.4¢, 11% less than the U.S. average.

EIA Rates

Residential · Texas · last 24 months

14.6¢15.2¢15.8¢16.4¢17.0¢06/2405/2505/26
Latest
16.4¢/kWh
Period avg
15.5¢/kWh
Min
14.6¢/kWh
Max
17.0¢/kWh
Source: U.S. Energy Information Administration (EIA Form 826) · snapshot 2026-07-23.

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.

Energy usage history document showing monthly consumption data with pen pointing to figures

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.

Electric plug on hundred dollar bills with utility bill showing balance and electric charges

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

Open sign hanging in store window welcoming customers

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

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.

McKinney Electricity Rates FAQs

Did You Know?

HISTORICAL

McKinney was founded in 1849 and named after Collin McKinney, one of the five men who drafted the Texas Declaration of Independence and the oldest signer of the document at age 70. The city served as the county seat of Collin County from its establishment, with the original courthouse built in 1874 becoming a centerpiece of the historic downtown square that still anchors the city today.

RECENT

In 2014, McKinney was named the 'Best Place to Live in America' by Money Magazine, recognizing its exceptional combination of strong job growth, excellent schools, and affordable housing. This recognition sparked a population boom that saw the city grow from about 130,000 residents in 2010 to nearly 200,000 by 2020, making it one of the fastest-growing cities in Texas.

FAMOUS PEOPLE

McKinney is the hometown of NFL quarterback Andy Dalton, who led the city's high school team to a state championship before starring at TCU and playing for multiple NFL teams including the Cincinnati Bengals. The city has also produced several other professional athletes and is known for its strong youth sports programs that have sent numerous players to college and professional levels.

DID YOU KNOW

McKinney's historic downtown square features one of the most intact 19th-century courthouse squares in Texas, but what makes it truly unique is that it's built around a courthouse that was never actually completed as originally designed. The 1874 courthouse was supposed to have a grand dome, but budget constraints led to the distinctive flat-topped design that has become the city's signature landmark and appears on the city seal.

CULTURAL

McKinney has transformed its historic cotton farming heritage into a thriving arts and cultural scene, with the downtown square hosting over 30 festivals and events annually. The city's 'Unique by Nature' slogan reflects its commitment to preserving historic architecture while embracing modern growth, evident in attractions like the Heard Natural Science Museum & Wildlife Sanctuary, which sits on 289 acres and features native Texas wildlife including bison, and the McKinney Performing Arts Center housed in the restored 1930s Collin County Courthouse.

City Departments & Utilities

City Hall

972-547-7500

Website

222 N Louisiana St, McKinney, TX 75069

Water

City of McKinney Water Department

972-547-7550

Website

Natural Gas

Atmos Energy

888-286-6700

Website

Garbage & Recycling

City of McKinney Solid Waste Services

972-547-7550

Website

School District

McKinney Independent School District

469-302-4000

Website

Public Library

972-547-7323

Website