McAllen electricity rates
Residential energy rates in McAllen typically range between 11¢ and 22¢ per kilowatt-hour (kWh). Based on the past 12 months’ data on our marketplace, the average residential rate in McAllen is 16.22¢ per kWh (for 1,000 kWh of usage).
McAllen energy rates vary depending on multiple factors, such as:
- Location: Different utility companies have different transmission fees, which affect the price you pay for electricity. To browse up-to-date rates in McAllen, enter your ZIP code on the Texas Electric Rates marketplace.
- Usage: McAllen energy providers often charge different rates for different usage tiers, so the amount of electricity you consume can also impact your price. For example, the rate for using 500 to 999 kWh may be lower or higher than the rate for using 1,000 to 1,999 kWh.
- Plan term length: Fixed-rate energy plans vary in length, with most ranging from 6 to 36 months. You can also explore month-to-month options if you need a short-term solution.
Texas Electric Rates make it easy to discover and compare electric rates in McAllen. To explore your options, enter your ZIP code on this page or reach out to our energy experts over the phone.
Shop McAllen electricity plans
Tips for finding cheap electricity rates in McAllen
Most of Texas’ energy market is deregulated. The open market gives consumers the power to choose their own electricity provider instead of buying energy from their local utility company. As a result, there’s often competition among energy providers in McAllen and other deregulated Texas cities — which can result in cheap rates and better plan features for electric customers.
If you’re looking for a new energy plan in McAllen, keep these tips in mind:
- Buy a fixed-rate plan: For most customers, fixed-rate plans are the best choice. If you sign up for one of these plans, you’ll get to lock in an electricity rate for the entirety of your contract. These plans offer stability and predictability for your energy costs.
- Switch at the right time: Electric rates in McAllen generally peak when energy demand is at its highest. This is usually in summer or winter when people consume more energy to cool and heat their homes. However, demand tends to ease in spring and fall, so you’re more likely to get a better deal if you shop during these milder months.
- Review the plan details: Every Texas energy plan includes an Electricity Facts Label (EFL). It’s important to read your plan’s EFL before signing up because it includes key information about your rate, renewable energy content, and cancellation fees.
Top plan rates and features breakdown
In McAllen, your electricity utility provider is AEP Texas Central. Explore some of the top plans available for residents with AEP Texas Central.
Maxx Saver Select 12
Overview: This fixed-rate plan from 4Change Energy comes with a 12-month contract and some of the cheapest rates on our marketplace.
Early termination fee: $20 per remaining month on the contract (doesn’t apply if you cancel because you’re moving)
Features:
- Fixed-rate plan with a 12-month contract
- Offers a $100 bill credit when you use 1,000 kWh or more in a billing cycle
- Includes a 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Maxx Saver Select 12 EFL
Flash 24
Overview: This Express Energy plan offers a fixed electricity rate for 24 months.
Early termination fee: $20 per remaining month on the contract (doesn’t apply if you cancel because you’re moving)
Features:
- Fixed-rate plan with a 24-month contract
- Includes a $100 bill credit for each month you use 1,000+ kWh
- Comes with a 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Flash 24 EFL
Gexa Eco Saver Plus 12
Overview: When you sign up for this 100% renewable plan from Gexa Energy, you’ll receive a fixed energy rate for 12 months.
Early termination fee: $150 (doesn’t apply if you cancel because you’re moving)
Features:
- Fixed-rate plan with a 12-month contract
- Uses 100% renewable energy sources, including wind and solar
- Provides a $100 usage credit every time you consume at least 1,000 kWh
- Has a 60-day satisfaction guarantee
Electricity Facts Label (EFL): Access the Gexa Eco Saver Plus 12 EFL
McAllen electricity providers
Currently, 4Change Energy and Express Energy offer the lowest energy rates in McAllen. To explore affordable rates in your area, submit your ZIP code on Texas Electric Rates’ free comparison marketplace.
Electricity rate overview
Before signing up for an energy plan, it helps to understand what to expect from your electricity bill. We’ll explain the basics in the following section, but you can also call the number on your screen to discuss it with an energy expert.
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: This is the price you pay for electricity. It’s split into two parts: a base charge (a flat monthly fee) and an energy charge (which changes depending on the kWh used in that billing cycle).
- Delivery charge: Also known as a TDU or TDSP charge, this fee is paid to your utility company to cover the cost of delivering electricity to your home.
- Bill credit: Depending on your plan and provider, you might receive bill credits on future electricity bills when you use a certain amount of electricity.
- Early termination fee: You’ll likely need to pay an ETF if you’re on a fixed-rate plan and cancel or switch providers before your contract is up.
- Deposit: It’s common for power companies to require a deposit before starting service. (It’s one way of protecting themselves financially if you don’t pay your energy bill.) You’ll typically get the deposit back once you’ve completed a year’s worth of on-time payments.
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:
