Plano Electric Rates

Find the lowest rates from trusted energy providers in your area.

Plano electricity rates

Currently, residential electric rates in Plano range from 10.5¢ per kilowatt-hour (kWh) to 22¢ per kWh for the level 1,000 kWh usage level on Texas Electric Rates.

Plano electric rates can vary based on several factors, including:

  • Where you live: Local taxes and utility fees are based on location. Enter your ZIP code on this page to find accurate electric rates in your area of Plano.
  • Your usage: Providers charge different rates based on three usage tiers — 500 kWh, 1,000 kWh, and 2,000 kWh. Most rates are advertised for 1,000 kWh. You can filter for your typical usage on our marketplace to find the best rates for your home.
  • Plan length: Some plans have varying contract lengths. Most popular fixed-rate plans last 12–24 months. However, you can also sign up for shorter or longer terms or even month-to-month plans without a contract.

Texas Electric Rates is a free online marketplace designed to help Texans find the best energy plan for their needs. Enter your ZIP code to explore current energy plans available in Plano.

This month’s best rates

Some of the cheapest electricity rates in Plano, Texas, as of February 25, 2025, are:

Shop Plano electricity plans

Please note: All rates above are accurate as of today.

Tips for finding cheap electricity rates in Plano

The majority of Texas has a deregulated energy market, including Plano. Deregulation gives Plano residents the ability to choose their electricity company instead of limiting them to the utility. Texas energy providers often offer cheaper rates, better terms, and incentives like bill credits to attract customers.

You can use the free Texas Electric Rates marketplace to compare Plano electricity plans and prices. While using our marketplace, consider the following shopping tips:

  • Consider your ideal rate type. For most customers, we recommend shopping for a fixed-rate plan. These plans lock in your electricity rate, so you don’t have to worry about changes in the energy market causing unexpectedly high utility bills. Variable-rate plans are another option, but your energy price can change based on the wholesale cost of power, making these plans riskier.
  • Switch in the fall or spring. Energy demand is often lower during the fall and spring months because the temperature is more moderate. When energy demand is low, electricity rates are typically cheaper.
  • Review the plan details. Before signing up for a plan, read the Electricity Facts Label (EFL), which contains important details like your rate type, additional fees, bill credits, and more.

Top plan rates and features breakdown

Your utility company is based on location. In Plano, your utility is Oncor Electric Delivery. Below are some of the top plans available for residents living in Oncor’s service area.

Maxx Saver Select 24

Overview: Lock in a low fixed rate for two years and receive a usage credit of $100 if you use at least 1,000 kWh.

Rates per kWh usage:

Monthly usage amount Average price per kWh Monthly bill estimate
500 kWh 20.9¢ $104
1,000 kWh 10.4¢ $104
2,000 kWh 15.2¢ $304

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

Features:

  • Enjoy a fixed rate for two years.
  • Receive a $100 bill credit when your monthly usage meets or exceeds 1,000 kWh.
  • 4Change Energy offers a 60-day satisfaction guarantee.

Electricity Facts Label (EFL): Access the Maxx Saver Special 24 EFL

Check Availability

Flash 12

Overview: This plan offers a single fixed rate for one year and a $100 bill credit if you use 1,000 kWh or more in a month. This plan requires autopay.

Rates per kWh usage:

Monthly usage amount Average price per kWh Monthly bill estimate
500 kWh 20.9¢ $104
1,000 kWh 10.4¢ $104
2,000 kWh 15.2¢ $304

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

Features:

  • This plan offers a $100 bill credit if you use at least 1,000 kWh per month.
  • Express Energy offers a 60-day satisfaction guarantee.

Electricity Facts Label (EFL): Access the Flash 12 EFL

Check availability

Frontier Saver Plus 24 Plan

Overview: Receive a usage credit of $125 if you use at least 1,000 kWh or more with this fixed-rate plan.

Rates per kWh usage:

Monthly usage amount Average price per kWh Monthly bill estimate
500 kWh 21.6¢ $108
1,000 kWh 11.2¢ $112
2,000 kWh 16.0¢ $320

Early termination fee: $295

Features:

  • Receive a $100 bill credit for using at least 1,000 kWh per month.
  • Frontier Utilities offers a 60-day satisfaction guarantee.

Electricity Facts Label (EFL): Access the Frontier Saver Plus 24 Plan EFL

Check availability

The rates and terms listed for these plans are accurate at the time of publishing (February 25, 2025).

Plano electricity providers

Residents who use an average of 1,000 kWh per month can find the cheapest electricity rates in Plano with 4Change Energy and Express Energy. You may also find low energy prices with Discount Power, Cirro Energy, and Frontier Utilities. Enter your ZIP code to compare Plano electricity rates in your area.

Electricity rate overview

Before shopping for an energy plan, we recommend reviewing your current utility bills to make sure you understand details about your usage patterns. If you have questions along the way, call the number on this page to connect with an energy expert.

Here’s what you should know before comparing energy plans:

  • Your typical usage: Your usage is how much energy you consume and is measured in kWh. Providers charge different rates depending on your usage, so this detail is important when searching for the best energy plan for your home.
  • Rate: Your overall electric rate is made up of a base charge (which stays the same) and an energy charge (which changes each month based on usage).
  • Delivery charge: Utility companies charge monthly fees to deliver power to your home. If you check your energy bill, you should notice a delivery charge from Oncor.
  • Bill credits: If your plan includes a bill credit or rate incentive, it will be outlined in your energy bill.
  • Early termination fee: Providers typically charge a fee if you cancel your contract before the term expires. You won’t have to pay a cancellation fee if you end the plan because you are moving outside the service area.
  • Deposit: Some providers require customers with lower credit scores to pay a deposit before initiating service. If you want to bypass the deposit, you can use Texas Electric Rates to compare no-deposit options in Plano, such as prepaid electricity plans.

Let us help make energy easier

Texas Electric Rates strives to make the energy shopping experience simple and straightforward. We offer helpful guides and a free, customizable marketplace to help you compare energy rates and narrow down your options. We’ll also guide you through the enrollment process in a matter of minutes. Enter your ZIP code to begin or learn more about finding the best energy plan with the following resources: