McAllen electricity rates
In McAllen, residents and business owners have the power to choose their electricity provider as part of the deregulated Texas energy market. This means that customers can shop and compare energy rates to find cheap electricity in McAllen.
But you shouldn’t have to navigate the Texas energy market by yourself. With SaveOnEnergy, you no longer have to search for the “best electric company near me” — you can use our free online marketplace to browse various plans and providers and lock in the lowest McAllen electricity rates.
Get started with SaveOnEnergy by entering your ZIP code at the top of the page.
How to find the best electricity rates in McAllen with SaveOnEnergy.com
McAllen electricity prices can often fluctuate, so it’s a good idea to secure a low rate when you find one. You can do so using SaveOnEnergy’s marketplace to compare electric rates in McAllen. Here’s how our marketplace works:
- Submit your ZIP: After entering your ZIP code at the top of the page, you can browse the best electricity rates in McAllen.
- Sign up easily: Use the marketplace’s filtering tools to sort through the plans available in your area and sign up for the one that best fits your needs.
- Power your home: You’re done! Your new supplier will arrange the setup of your service and notify your utility company that you’ve made the switch.
Cheap energy prices in McAllen
In the chart from the Energy Information Administration (EIA) below, you can see how Texas electricity prices fluctuate throughout the year, measured in cents per kilowatt-hour (kWh). Using this information to browse energy plans at the right times on SaveOnEnergy’s marketplace, you can be sure you are getting the cheapest electricity rates in McAllen.
Energy providers and utility companies in McAllen
When you are shopping for energy plans in McAllen, you’ll probably come across two terms which seem similar: the utility company and the energy provider. Your utility is the company responsible for delivering your power, maintaining power lines, and taking care of power outages. Your electricity provider purchases power from the utility and sells it to you (the consumer); it is also responsible for managing your account, handling your usage and billing, and offering customer support.
- Utility company in McAllen: The utility company in McAllen is AEP Texas Central. You cannot choose your utility as it is assigned based on your location.
- Electric companies in McAllen: There are a number of top McAllen electricity providers, including 4Change Energy, Express Energy, Frontier Utilities, and TXU Energy. Because of the deregulated market in McAllen, you can choose from these and other quality energy providers.
Power outages in McAllen
In the case of a power outage or a downed power line on your street, call your utility company, AEP Texas Central, not your energy provider. You can report an outage via AEP Texas Central’s outage center or call 1-866-223-8508.
McAllen electric rates in my area
Electricity rates vary across the state of Texas. The rate you pay in McAllen could be entirely different from the rate someone pays for the same plan in a different part of the state. These price differences are primarily the result of different utility transmission charges. It’s important to get accurate quotes for your area, which you can do by entering your ZIP code above.
How weather affects McAllen electricity rates
Between May and September, the average temperature in McAllen is over 90 degrees. Hot weather usually results in an increased energy demand and higher wholesale energy prices as people cool their homes. If you need to switch plans during a season of high demand, let your provider do the work. Switch using SaveOnEnergy and let the new energy provider handle the rest of the details. There won’t be an interruption to your electricity service during the switch. Enter your ZIP code above to find McAllen electricity plans quickly and easily.
Types of plans in McAllen
Finding cheap energy in McAllen is a painless process using SaveOnEnergy. However, you’ll want to consider other factors as you search for a new energy plan, such as term lengths and rate types. Call the number at the top of the screen if you have additional questions about the energy plans available to you. Here are some types of plans to choose from in McAllen:
Fixed-rate plans in McAllen
With this type of electricity plan, your energy rate will stay consistent for the duration of your contract. You will not be subject to the fluctuations of rates in the energy market during periods of high demand. However, be aware that if you decide to cancel or switch providers before your contract is up, you might be required to pay an early termination fee (ETF).
Variable-rate plans in McAllen
With a variable-rate plan, you won’t be locked into a contract. Instead, your rates will alternate with the rise and fall of the energy market. This means that, while your rate may be higher than a fixed-rate plan during seasons of high demand, you will pay a lower rate during periods of low-demand. These plans do not require you to pay an ETF if you decide to cancel at any time.
No-deposit plans in McAllen
Many electric companies run a mandatory credit check before starting service and require you to pay a deposit if you don’t pass. Thankfully, no-deposit plans are an option. A popular type of no-deposit plan is the prepaid plan, which allows you to pay for your electricity as you go and replenish your account when needed.
Green electricity in McAllen
Energy plans in McAllen and other areas of Texas contain at least a percentage of green energy. Check your plan’s Electricity Facts Label (EFL) to see the amount of green energy in your plan. Some McAllen electricity providers only offer green energy plans. If you’re interested in one of these options, check out Chariot Energy, Gexa Energy, or Green Mountain Energy.
Business energy plans in McAllen
Texas’s deregulated market also extends to businesses, offering them the power to choose their own electricity company. Use SaveOnEnergy’s marketplace to browse commercial energy rates in McAllen or call SaveOnEnergy at the number on your screen to speak with our experts and receive a customized quote.