Baseball field at a public park in Plano Texas at sunset with stadium lighting, a growing deregulated electricity market in the Oncor TDU territory

Best Electricity Rates in Plano

Edited by Rafael Morales
Last updated:

To find the best electricity rates in Plano, we compare plans from provider websites, Power to Choose, and select sponsor offers. We only show True Fixed plans—no gimmicks, no free night traps, and no hidden fees.

For a list of the best Free Nights, Free Weekends, and Prepaid plans in Plano, follow these links: Best Free Nights plans, Best Free Weekends plans, and No-credit-check prepaid plans.

Our Recommendation

Our Recommendation
Photo by Dimitris Tselios on Unsplash

Cheapest Electricity Rates in Plano

True Fixed Rate plans only, enter zipcode for full list and more details

Check details in your area
1st
Southern Federal
Review Check Availability
SoFed Better Rate Plus - 14
PTC
Apr 28
14 months
500 KWH
13.1¢
1000 KWH
12.1¢
2000 KWH
11.7¢

Top concerns

⚠️ High Complain Ratio. 2 on PUCT score

PTC
Apr 28
12 months
500 KWH
12.6¢
1000 KWH
12.2¢
2000 KWH
12.0¢

Top concerns

⚠️ ⚠️ ⚠️ Risk of account being transferred

⚠️ ⚠️ ⚠️ Need to call for Autopay setup

⚠️ ⚠️ One of the highest cancellation fees

⚠️ ⚠️ High Complain Ratio. 1 on PUCT score

3rd
Budget Power
Review Check Availability
No Gimmicks 14 - Oncor
PTC
Apr 28
14 months
500 KWH
12.7¢
1000 KWH
12.2¢
2000 KWH
12.0¢

Top concerns

⚠️⚠️⚠️ Risk of account being transferred

⚠️⚠️⚠️ High Complain Ratio. 1 on PUCT score

⚠️⚠️ Poor Customer Service on Google Reviews

4th
Varsity Energy
Review Check Availability
BLUEBONNET 12 Fixed Rate
Company website
Apr 24
12 months
500 KWH
12.8¢
1000 KWH
12.3¢
2000 KWH
12.1¢

Top concerns

⚠️ ⚠️ ⚠️ Risk of account being transferred

⚠️ ⚠️ High Complain Ratio. 1 on PUCT score

PTC
Apr 28
12 months
500 KWH
12.8¢
1000 KWH
12.3¢
2000 KWH
12.1¢

Top concerns

⚠️⚠️⚠️ Risk of account being transferred

⚠️⚠️⚠️ High Complain Ratio. 1 on PUCT score

⚠️⚠️ Poor Customer Service on Google Reviews

6th
Octopus Energy
Review Check Availability
Octo Green 12
100% Renewable
Company website
Apr 13
12 months
500 KWH
12.9¢
1000 KWH
12.4¢
2000 KWH
12.2¢

Top concerns

⚠️ ⚠️ 2% Credit/debit card processing fee

7th
Budget Power
Review Check Availability
No Gimmicks Green 12
100% Renewable
PTC
Apr 28
12 months
500 KWH
12.9¢
1000 KWH
12.4¢
2000 KWH
12.2¢

Top concerns

⚠️⚠️⚠️ Risk of account being transferred

⚠️⚠️⚠️ High Complain Ratio. 1 on PUCT score

⚠️⚠️ Poor Customer Service on Google Reviews

8th
Abundance Energy
Review Check Availability
Confident Renter 12
Company website
Apr 27
12 months
500 KWH
13.0¢
1000 KWH
12.6¢
2000 KWH
12.4¢

Top concerns

⚠️ Common negative review: long wait times on customer service calls.

9th
Companion Energy
Review Check Availability
Companion + Perks 12
PTC
Apr 28
12 months
500 KWH
13.1¢
1000 KWH
12.6¢
2000 KWH
12.4¢
10th
Frontier
Review Check Availability
Frontier Power Saver 12
PTC
Apr 28
12 months
500 KWH
13.1¢
1000 KWH
12.6¢
2000 KWH
12.4¢

Showing the best available 500 / 1000 / 2000 kWh prices for the selected term range. Sources include PowerToChoose (“PTC”) and direct provider sites. We are not affiliated with PowerToChoose.org or the Public Utility Commission of Texas; these offers are shown for informational purposes only.

TDU Contact and Outage Information for Plano

The main ZIP codes for Plano are 75023, 75024, 75025, 75074, 75075, 75093, and 75094. Oncor delivers electricity to homes in Plano and is also the company you should contact if you experience a power outage in your area.

Utility Service Contacts

ONCOR

Visit TDU Website Open Outage Map

Support Phone

888-313-4747

Plano Housing & Heating Facts

Local housing and heating composition based on city profile inputs.

Median Year Built

1993

  • For apartment renters in Plano, many units are smaller one- or two-bedroom homes, so it is common to stay below 1,000 kWh during the spring and fall months. Because of that, bill-credit plans are usually not a good fit. These plans can look attractive at 1,000 kWh, but if your usage stays below that level, you can end up overpaying over the course of the year. A better approach is to focus on True Fixed plans and sort by the lowest rate at 500 kWh.
  • For houses in Plano, electricity bills are usually higher in the summer because of air conditioning. Winter bills will depend in part on whether your home uses electric heating or gas heating. In either case, we recommend choosing a True Fixed plan to avoid surprises. The table below gives you an estimate of what your bill may look like across the year.

    Source: U.S. Census Bureau. "Selected Housing Characteristics." American Community Survey, ACS 5-Year Estimates Data Profiles, Table DP04.

Heating Type Share

Electricity 50.9%
Gas 47.0%
Other 2.1%

Housing Mix Share

House 63.6%
Apartment 32.2%
Other 4.2%

Bill Estimator in Plano Using Competitive Market Rates

Pick housing type, heating type, and plan type to estimate seasonal monthly bills.

Bill Estimator for Apartments

Atlantex Power

Luminous

Atlantex Power · 14 mo

Check Availability
Season Usage Estimated Bill
Dec - Feb -- --
Mar - May -- --
Jun - Aug -- --
Sep - Nov -- --

Bill Estimator for Houses

Atlantex Power

Luminous

Atlantex Power · 14 mo

Check Availability
Season Usage Estimated Bill
Dec - Feb -- --
Mar - May -- --
Jun - Aug -- --
Sep - Nov -- --

Top 5 Reviewed Electricity Companies in Plano

Highest review scores among True Fixed providers currently listed for Plano.

Rank #1 Score 4.48/5
Abundance Energy

Abundance Energy

★ ★ ★ ★ ★

From 12.6¢ @ 1000 kWh

10 eligible plans

Read Full Review
Rank #2 Score 4.25/5
Branch Energy

Branch Energy

★ ★ ★ ★ ★

From 13.6¢ @ 1000 kWh

1 eligible plans

Read Full Review
Rank #3 Score 4.2/5
Constellation

Constellation

★ ★ ★ ★ ★

From 11.8¢ @ 1000 kWh

2 eligible plans

Read Full Review
Rank #4 Score 4.2/5
Cleansky Energy

Cleansky Energy

★ ★ ★ ★ ★

From 12.3¢ @ 1000 kWh

8 eligible plans

Read Full Review
Rank #5 Score 4.2/5
Champion Energy

Champion Energy

★ ★ ★ ★ ★

From 13.5¢ @ 1000 kWh

4 eligible plans

Read Full Review

Truly Fixed vs. Bill Credit vs. Time-of-Use: Which Plan Type Is Better in Plano?

  • New to your home? (Less than 12 months): If you just moved to Plano or have lived in your home for less than a year, we strongly recommend sticking with Truly Fixed plan.
Why: Without a full year of usage history, you do not know how your home will handle the Texas heat in August or the cold snaps in February. A fixed rate helps protect you from large price swings during those unpredictable months.

  • Lived there for a year or more? (Use Your Data): If you have at least 12 months of history in the same location, you can stop guessing. Over 90% of Texas homes are equipped with Smart Meters, which record your electricity usage every 15 minutes.

Take advantage of our Analysis Tool: Our system can compare every available plan against your actual usage history. This is extremely valuable for checking whether Free Nights or Free Weekends plans are really saving you money, or whether a Truly Fixed rate is still your cheapest option. To use this tool, sign in or create an account and compare more the 200 plans in Plano


How Switching Electricity Plans Works in Plano: The 14-Day Rule

This is one of the most misunderstood parts of shopping for electricity in Plano and across Texas. Many people think they have to wait until the last day of their contract to switch, but that is not true. If you wait too long, you could end up rolling onto a high month-to-month rate.

In Texas, you can switch to a new electricity provider up to 14 days before your current contract ends without paying an early termination fee. That means you do not have to wait until the exact expiration date. As long as your new plan starts within that 14-day window, your current provider cannot charge you a penalty for leaving early.

Even though the penalty-free window is 14 days, you can usually shop much earlier than that. Many providers let you lock in a new rate 30 to 60 days in advance, and sometimes even earlier. When you enroll, you can usually choose a future start date so the new plan begins when your current contract ends.

In most cases, the switch is handled for you. When you sign up with a new provider, they coordinate the change through the Texas grid system, so you do not have to cancel your old service separately under the normal switching process.

There is no interruption in power, and there should not be any overlap in service. Your old provider bills you through the switch date, and the new provider takes over after that. Most switches happen on the next meter read date, but in many cases you can also request a specific switch date to line up with your contract end date.

Frequently Asked Questions about Electricity Rates in Plano

What is the best 12-month True Fixed rate in Plano right now?

The Cheapest 12-month True Fixed plan right now in Plano is Southern Federal — SoFed Better Rate Plus - 14, with a rate of 12.1¢/kWh at 1000 kWh.

What is the average electricity bill in Plano for a small apartment (electric heating)?

Using our recommended 12-month style plan Luminous from Atlantex Power, the estimated monthly bill in Plano for a small apartment with electric heating is $85.54.

What is the average electricity bill in Plano for a large house (electric heating)?

Using our recommended 12-month style plan Luminous from Atlantex Power, the estimated monthly bill in Plano for a large house with electric heating is $201.24.

What is the average electricity bill in Plano for a large house (gas heating)?

Using our recommended 12-month style plan Luminous from Atlantex Power, the estimated monthly bill in Plano for a large house with gas heating is $173.09.

How do I know if a plan I choose is a True Fixed plan in Plano?

If you find a plan that looks good on another provider’s website, in an online ad, or even on Power to Choose, you can still use Clear Energy Facts to double-check it.

First, download or open the plan’s Electricity Facts Label (EFL). Then compare it using our EFL Inspector: EFL Inspector .

This tool helps you tell whether a plan is truly fixed, a bill-credit plan, a free nights/weekends offer, or something else.

Which TDU serves Plano?

The primary TDU serving Plano is ONCOR. This TDU owns and maintains local delivery poles and wires, and also manages outage restoration.

How do I confirm the correct TDU for my address in Plano?

Check your current electricity bill or service paperwork for the delivery utility name. If you are moving, enter your ZIP code and address during enrollment to confirm the exact TDU.