Allen electricity rates
Allen electricity rates typically range from 10.5¢ to 22¢ per kilowatt-hour (kWh) for residential customers. Based on the past 12 months of our marketplace data, the average electricity rate in Allen is 15.04¢ per kWh based on the typical usage of 1,000 kWh.
Electricity rates in Allen can vary depending on a number of factors, including:
- Location: Transmission and distribution fees charged by local utility companies can vary by location, so enter your ZIP code to find plans local to your Allen area.
- Usage: The amount of electricity you use each month can affect your rate. Most homes use between 500 and 2,500 kWh of electricity per month.
- Plan length: Plans can have a set length, such as six or 12 months.
Texas Electric Rates is here to help Texans on their path to energy choice. Enter your ZIP code to explore available plans in your part of Allen.
Shop Allen electricity plans
In Allen, your electricity utility provider is Oncor Electric Delivery. Below are some of the top plans available for residents with Oncor Electric.
Tips for finding cheap electricity rates in Allen
In Texas, energy is deregulated. That means providers get clever with how they present rates to customers to try to show the lowest rate. You can shop with free sites like Texas Electric Rates to find the best rates and learn more about offers.
Our shopping tips:
- Shop for a fixed-rate plan: In most cases, fixed-rate plans are the best option for customers. Fixed-rate plans offer stability because your rate doesn’t change during the contract.
- Consider switching in late fall: Late fall is usually moderate in Allen, which can lead to lower electricity rates.
- Check the plan details: Before signing up, read the plan’s Electricity Facts Label (EFL) to understand the price per kWh, renewable energy percentage, and early termination fees.
Allen electricity providers
Right now, 4Change Energy and Express Energy are the electricity providers with the lowest rates in Allen.
To find the best rates, enter your ZIP code and use Texas Electric Rates’ free comparison tool.
Best types of electricity plans in Allen
While comparing Allen electricity plans, you may notice a few different plan types. The best fit for your home depends on your usage, energy goals, and the type of rate you’re comfortable with. The most common include:
- Fixed-rate plans: This type of plan locks in your electricity rate, ensuring you pay the same price per kWh every month. These plans require a contract, so you’ll secure your rate and plan for a contract length of anywhere from six to 36 months.
- Variable-rate plans: With this type of plan, your rate will fluctuate each month based on the wholesale cost of energy. When demand is low, your rate could be cheaper. But if demand spikes, so will your rate. Variable-rate plans are riskier, but you don’t have to enter into a contract.
- Renewable energy plans: Every Texas energy plan includes some portion of green sources, like wind and solar power. Some providers offer 100% renewable energy plans. Enter your ZIP code on this page and filter for green energy to compare renewable plans today.
Your electricity rate breakdown
Understanding key terminology on each Texas electricity bill can be a helpful tool when shopping for an energy plan. Call the number on this page to discuss your energy plan options with one of our experts or enter your ZIP code on this page to explore current Allen electricity rates.
What you need to know:
- Usage amount: This is how much energy you use, measured in kWh. Plans often have different rates depending on how much your usage is.
- Rate: Your electricity rate includes a base charge, which is the same each month, and an energy charge, which changes based on how much power you use.
- Delivery charge: Your utility company charges a monthly fee because it delivers power to your home through electrical lines.
- Bill credit: Some plans include bill credits, which normally revolve around your usage. Your energy bill will include a rundown of any bill credits applied for the month.
- Early termination fee: If you cancel your energy plan before your contract expires, your provider may charge an early termination fee (ETF). You won’t incur an ETF if you have to cancel your plan because of an upcoming move.
- Deposit: If you have a lower credit score, your provider may require a deposit before beginning service. You can search for no-deposit options, like prepaid electricity plans, if you’d like to bypass a deposit.
Let us help make energy easier
We created Texas Electric Rates to be a simpler, less confusing experience for Texans shopping for an energy plan. We know that plan options are overwhelming, so we’ve combined straightforward guides with a customizable marketplace to help you narrow down the options. We work with top providers across the state to give you access to the best selection possible in one place. Learn more:
