The Blue Cross and Blue Shield of Texas headquarters building in Richardson Texas, a major hub in the Oncor TDU deregulated electricity market

Best Electricity Rates in Richardson

Edited by Rafael Morales
Last updated:

To find the best electricity rates in Richardson, 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 Richardson, follow these links: Best Free Nights plans, Best Free Weekends plans, and No-credit-check prepaid plans.

Our Recommendation

Our Recommendation
Pic by Michael Barera under CC BY-SA 4.0

Cheapest Electricity Rates in Richardson

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

Check details in your area
1st
Budget Power
Review Check Availability
No Gimmicks 14 - Oncor
PTC
Apr 29
14 months
500 KWH
12.6¢
1000 KWH
12.1¢
2000 KWH
11.9¢

Top concerns

⚠️⚠️⚠️ Risk of account being transferred

⚠️⚠️⚠️ High Complain Ratio. 1 on PUCT score

⚠️⚠️ Poor Customer Service on Google Reviews

2nd
Southern Federal
Review Check Availability
SoFed Better Rate Plus - 14
Company website
Apr 29
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 29
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

4th
Budget Power
Review Check Availability
No Gimmicks 12 - Oncor
PTC
Apr 29
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

Company website
Apr 29
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

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 29
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
Gexa Energy
Review Check Availability
Gexa Eco Choice 12
100% Renewable
PTC
Apr 29
12 months
500 KWH
13.1¢
1000 KWH
12.6¢
2000 KWH
12.4¢
9th
Companion Energy
Review Check Availability
Companion + Perks 12
PTC
Apr 29
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 29
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 Richardson

The main ZIP codes for Richardson are 75080, 75081, and 75082. Oncor delivers electricity to homes in Richardson 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

Richardson Housing & Heating Facts

Local housing and heating composition based on city profile inputs.

Median Year Built

1986

  • In Richardson, summer is hot, with August normal temperatures around 94.8°F for the average high and 74.5°F for the average low. Winter is much cooler, with January normal temperatures around 55.9°F for the average high and 35.8°F for the average low. 
  • For apartments, bill-credit plans are usually not a good idea. Many apartment renters will stay below 1,000 kWh during part of the year, especially in the milder spring and fall months, so they may miss the usage threshold needed to receive the credit. In most cases, a True Fixed plan is the safer option.
  • For houses, it depends more on your heating setup. If your home uses electric heating, your usage may stay more even through the year and you may be more likely to reach the 1,000 kWh threshold required by many bill-credit plans. But if you have a medium-size house around 2,000 square feet with gas heating, bill-credit plans are usually a weaker fit because winter usage may fall below that threshold. Missing the credit during lower-usage months can add up to hundreds of dollars over the year. We still recommend focusing on True Fixed plans. The table below gives you a better idea of how your bill may look 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 53.1%
Gas 44.9%
Other 2.0%

Housing Mix Share

House 57.6%
Apartment 35.7%
Other 6.7%

Bill Estimator in Richardson 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 Richardson

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

Rank #1 Score 4.48/5
Abundance Energy

Abundance Energy

★ ★ ★ ★ ★

From 12.8¢ @ 1000 kWh

9 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
Cleansky Energy

Cleansky Energy

★ ★ ★ ★ ★

From 12.3¢ @ 1000 kWh

8 eligible plans

Read Full Review
Rank #4 Score 4.2/5
Constellation

Constellation

★ ★ ★ ★ ★

From 11.8¢ @ 1000 kWh

2 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

What Happens If You Cancel Your Electricity Contract Early in Richardson?

If you cancel your electricity contract before it expires, you will usually have to pay an early termination fee. In many cases, that fee is around $100 to $150 for a 12-month plan, and $200 or more for a 24-month plan or longer. The exact amount depends on your provider and the terms of your contract.

Even so, paying the cancellation fee can sometimes still be the better financial move. A lot of people in Texas, especially those who are not familiar with how the market works, end up paying far too much for electricity. If your current plan is costing you much more than the best plans available today, switching early may still save you money even after the cancellation fee.

For example, if you are overpaying by more than $500 over the remaining life of your contract, canceling may be worth it. In some cases, the savings can be much higher.

How do you know if canceling makes sense?
The only way to know for sure is to compare:
  •  your current plan 
  •  the early termination fee 
  •  the best plans currently available in Richardson 

We created a comparison tool only for that purpose. The full process is explained in this article:  Can You Save Money Switching Electricity Providers?

 
In that guide, we show you how to compare your current plan against the best options in the market. Our tool helps you estimate how much you would pay if you stay, how much you would pay if you switch, and whether you would actually save money after the cancellation fee.

Best Time of the Year to Shop for Electricity in Richardson

In Richardson, the best time to shop for electricity is usually during the spring and fall. Those months often have lower demand, which can lead to better rates. Still, this is not a hard rule. Prices can change based on local weather, fuel markets, grid conditions, and broader supply and demand trends.

Another thing to watch is contract length. In the past, shoppers mostly saw 12, 24, or 36-month plans. Now it is common to see terms like 9, 13, 18, or 20 months. That matters because the length of your contract affects when you will have to shop again, and renewing during a high-price season can cost more.

If you want to be more careful, try to choose a plan that keeps your renewal date away from the hottest summer months or the most volatile winter periods. For example, if one contract would make you renew in August and another would make you renew in May, the May renewal may put you in a better shopping window. Sources that track Texas electricity shopping patterns consistently point to spring and fall as the more favorable seasons, while summer and deep winter tend to be riskier.

Weather also matters. Major heat waves and winter storms can put pressure on the market and increase price volatility, so it is usually better not to wait until right before a major weather event to lock in a plan. You can also direct readers to your historical Texas electricity rates page to show how prices move over time.

Frequently Asked Questions about Electricity Rates in Richardson

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

The Cheapest 12-month True Fixed plan right now in Richardson is Budget Power — No Gimmicks 14 - Oncor, with a rate of 12.1¢/kWh at 1000 kWh.

What is the average electricity bill in Richardson for a studio apartment (electric heating)?

Using our recommended 12-month style plan Luminous from Atlantex Power, the estimated monthly bill in Richardson for a studio apartment with electric heating is $70.39.

What is the average electricity bill in Richardson for a medium house (electric heating)?

Using our recommended 12-month style plan Luminous from Atlantex Power, the estimated monthly bill in Richardson for a medium house with electric heating is $136.54.

What is the average electricity bill in Richardson for a medium house (gas heating)?

Using our recommended 12-month style plan Luminous from Atlantex Power, the estimated monthly bill in Richardson for a medium house with gas heating is $122.02.

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

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 Richardson?

The primary TDU serving Richardson 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 Richardson?

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.