McKinney Electric Rates

McKinney electricity rates

McKinney energy rates range from 11.5¢ per kilowatt-hour (kWh) to 22¢ per kWh on the Texas Electric Rates marketplace. As of this month, McKinney’s average residential rate for the 1,000 kWh usage level is 14.46 cents per kWh, based on our latest marketplace data.

The rate you pay varies by several factors, including:

• Location: Your energy bill includes your energy charge and utility fees for transmission and delivery. The local utility in McKinney is Oncor Electric.
• Usage: Knowing your average energy usage and how it varies seasonally will help you pick the best plan for your needs. Some plans offer discounts when your usage stays in a specific range, while others charge a steady rate per kWh.
• Contract term: You can choose a monthly plan or sign up for a fixed term length ranging from six to 36 months.

Enter your ZIP code on the Texas Electric Rates site to check out all of the available energy plans in McKinney.

This month’s best rates

Some of the cheapest electricity rates in McKinney, Texas, as of April 2025, are:

• Frontier Saver Plus 12: 11.5¢ per kWh from Frontier Utilities
• Gexa Eco Saver Plus 12: 11.6¢ per kWh from Gexa Energy
• Frontier Saver Plus 24: 11.7¢ per kWh from Frontier Utilities
• Gexa Eco Saver Plus 24: 11.7¢ per kWh from Gexa Energy

Electricity rates fluctuate often. Enter your ZIP code on the Texas Electric Rates marketplace to discover current prices in McKinney.

Tips for finding cheap electricity rates in McKinney

You can choose your energy rates in McKinney, thanks to the deregulated electricity market in Texas. It’s best to shop around the marketplace and pick a plan to fit your energy needs and budget. Be cautious of the lowest rate options, as they sometimes have hidden fees or sudden price spikes leading to higher bills.

Here are a few tips to consider when you compare electric rates in McKinney.

• Consider fixed rates: You’ll find fixed- and variable-rate electricity plan options. Fixed rates offer a steady price per kWh for the length of your contract, while variable rates change each month. Fixed-rate plans are typically the best option for McKinney residents unless you need a short-term solution.
• Switch plans in late fall: Mild temperatures in the late fall reduce energy demand and rates, making it an ideal time to sign up.
• Check the plan details: Review the plan’s Electricity Facts Label (EFL) to understand the costs, renewable percentage, and potential cancellation fees.

Top plan rates and features breakdown

In McKinney, your electricity utility provider is Oncor Electric. Below are some of the top plans available for residents with Oncor.

Gexa Eco Saver Plus 12 Plan

Overview: Gexa Energy’s 12-month fixed-rate energy plan offers a $125 monthly bill credit based on your usage.

Rates per kWh usage:

Early termination fee: $150

Features:

• Fixed-rate energy charge
• 100% renewable
• $125 usage credit for monthly usage between 1,000 kWh and 1,999 kWh.
• 60-day satisfaction guarantee

Electricity Facts Label (EFL): Access the Gexa Eco Saver Plus 12 Plan EFL

Check availability

Maxx Saver Select 12

Overview: One of the cheapest 12-month energy plans, this option from 4Change Energy offers a $100 bill credit based on your usage.

Rates per kWh usage:

Early termination fee: $20 per remaining month on your contract

Features:

• Fixed-rate energy charge
• $100 bill credit for using more than 1,000 kWh
• 60-day satisfaction guarantee

Electricity Facts Label (EFL): Access the Maxx Saver Select 12 EFL

Check availability

Smart Edge 12

Overview: TXU Energy’s 12-month fixed-rate energy plan offers a cheaper price per kWh when you use over 1,000 kWh and below 2,000 kWh.

Rates per kWh usage:

Early termination fee: $150

Features:

• Fixed-rate energy charge
• $30 bill credit every month you use at least 800 kWh.
• 60-day satisfaction guarantee

Electricity Facts Label (EFL): Access the Smart Edge 12 EFL

Check availability

The rates and terms listed for these plans are accurate at the time of publishing (March 28, 2025).

McKinney electricity providers

Frontier Utilities currently offers today’s cheapest electricity rates in McKinney on our marketplace.

Use the free Texas Electric Rates comparison tool to find the best rates for your home. Simply enter your ZIP code to compare electric rates in McKinney.

Electricity rate overview

Your energy bill breaks down the total cost, including energy charges, utility fees, and potential usage fees. Knowing these costs upfront can help you avoid surprises later on. If you’d like assistance finding the best deal, our team is here to help. Call the number on your screen and our experts can explain each part of your bill and guide you through the shopping process.

Here are a few key terms to know:

• Energy usage: The amount of energy you use is measured in kWh. Your bill lists how much you consumed throughout the month and charges a fee per kWh. Review your typical usage throughout the year to pick a plan that aligns with your energy needs.
• Rate: Advertised rates include your base charge (a flat rate) and an energy charge (based on how many kWh you use).
• Delivery charge: This fee covers the cost of power delivery and electrical maintenance by your utility company. The charge is already included in your advertised price.
• Bill credit: Some plans offer bill credits when you use between a specific kWh range. Bill credits can lower your total cost, but your bill might be more expensive if you don’t meet the requirements.
• Early termination fee: You’ll pay this fee for canceling a fixed-rate plan before the end of the contract term. You won’t have to pay in some cases, such as moving outside the provider’s service area. Consider the cost before canceling your plan to switch to a lower rate.

Let us help make energy easier

We created Texas Electric Rates as a simpler, less confusing experience for Texans shopping for an energy plan. We know plan options can be overwhelming, so we’ve combined straightforward guides with a customizable marketplace to help you find the right choice. We work with top providers across the state to give you access to the best selection possible in one place. Learn more:

• Texas Energy providers we work with
• Commercial energy for business
• How to pick the right energy plan