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Richardson

Best Energy Companies and Plans in Richardson

Written by Taylor Freitas

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Edited by Aviva Hauser

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Last Updated:

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Richardson electricity rates

Plan NamePlan LengthRate*
4Change Energy - Maxx Saver Select 2424 months$0.105/ kWh
Frontier Utilities - Frontier Saver Plus 24 Plan24 months$0.105/ kWh
Express Energy - Flash 1212 months$0.105/ kWh
Gexa Energy - Gexa Eco Saver Plus 12 Plan12 months$0.105/ kWh
Cirro - Simple Bill Credit 2424 months$0.110/ kWh
Discount Power - Bill Credit Bundle 1212 months$0.110/ kWh
Veteran Energy - Valor 1212 months$0.128/ kWh
Reliant - Reliant Power Savings 24 plan24 months$0.139/ kWh
TriEagle Energy - Real Deal 3636 months$0.145/ kWh
TXU Energy - Smart Edge 1212 months$0.149/ kWh
Direct Energy - Live Brighter Lite 1212 months$0.155/ kWh
Rhythm Energy - Clear Choice 1212 months$0.163/ kWh
Payless Power - 6 Month - prepaid6 months$0.177/ kWh
Green Mountain - Pollution Free e-Plus 24 Preferred24 months$0.178/ kWh
BKV Energy - Lantana 1212 months$0.180/ kWh

Please note: All rates above are accurate as of 12/21/2024, 5:27:33 AM CST for ZIP Code 75080. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

*All pricing shown in cents per kWh

Your power to choose electricity in Richardson

In a traditional energy market, utility companies sell electricity directly to consumers. But in deregulated areas like Richardson, residents and business owners have the power to choose their electricity provider. These companies compete to earn your business, which can result in cheaper rates and a wider selection of plans to consider.

ChooseEnergy.com is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

Richardson utility companies and energy providers

Utility companies and energy providers provide different services to electricity customers in deregulated areas. In cities like Richardson, you’re able to pick your own energy provider. These companies sell electricity plans, monitor your usage, and handle all billing-related matters. There are many reliable electricity providers in Richardson, including 4Change Energy, Express Energy, TriEagle Energy, and TXU Energy.

Utilities, on the other hand, distribute power, maintain electrical lines, and deal with outages. You don’t have a choice in utility companies because they’re determined by your location. In Richardson, the utility is Oncor Electric Delivery.

Power outages in Richardson

If you’ve lost power in Richardson, you’ll need to contact Oncor Electric Delivery, not your electricity provider. There are a few ways to reach Oncor to report the problem:

Types of electricity plans in Richardson

  • Fixed-rate plans: These plans provide a secure and predictable electricity rate for the entirety of your contract, which usually runs between 12 and 36 months. However, you’ll generally have to pay an early termination fee (ETF) if you switch electricity providers or plans while you’re still under contract.
  • Variable-rate plans: With a variable-rate plan, your rate can adjust monthly, depending on the wholesale cost of electricity. When market prices dip, you’ll get a lower rate, and when they rise, so will your rates. On the plus side, you have the flexibility to cancel or change providers whenever you’d like without paying a penalty.
  • Prepaid and no-deposit plans: Most energy companies in Richardson will run a credit check before beginning service, and you may be charged an initial deposit if you don’t meet their threshold. However, you can avoid this by choosing a no-deposit plan, such as a prepaid plan. This type of plan has you pay for your energy usage in advance and top up your account as needed.

Richardson green energy

Texas is one of the top producers of renewable energy in the U.S. In fact, the Lone Star State ranks first for wind energy and second for solar energy. As a Richardson resident, you can choose from a number of green energy plans to power your home or business.

Every electricity plan in Texas contains some renewable energy, with some plans being fully green. A handful of Richardson electricity providers — including companies like Gexa Energy and Green Mountain Energy — exclusively offer 100% green plans. To find the exact percentage of renewable power in a plan, check its Electricity Facts Label (EFL).

If you’re ready to explore renewable energy plans in Richardson, enter your ZIP code on this page and filter the results for green energy.

Richardson energy for business

Thanks to deregulation, business owners in Richardson also have the power to choose their energy provider. If you own a company, you can work with Choose Energy to receive a tailored commercial electricity plan that’s designed specifically for your business. To get started, call the phone number on your screen or visit our commercial energy hub today.

How to compare electricity rates with ChooseEnergy.com

Due to different utility transmission charges throughout the state, Texas electricity prices vary from place to place. As a result, your rate in Richardson could be lower or higher than someone else’s in another city, even if you share the same plan and provider. So, it’s important to search for plans specific to your location before purchasing a plan.

Choose Energy simplifies the energy shopping process. Here’s how to use our marketplace to find today’s best electricity rates in Richardson:

  • Submit your ZIP code: We’ll use this information to present the latest rates near you. Use the sort and filter functions to narrow down the results by provider, price, and more.
  • Sign up quickly: After you’ve picked a plan, you can sign up through our online marketplace in just a few minutes. Alternatively, you can give us a call at the number on your screen.
  • Let your provider handle the setup: Your new power company will handle the service transfer and setup so you can sit back and enjoy your plan.

Moving or switching to a new provider?

Choose Energy makes it easy to compare electric rates in Richardson and sign up for a new plan. Whether you’re new to the area or a long-time resident, you can use our marketplace to find the right energy plan for your needs.

Moving to a new address

If you’re moving to Richardson from another part of Texas, you may be able to keep your current energy plan. To find out, contact your provider about transferring your service. If your provider doesn’t service your new location, simply enter your new ZIP code on this page to view the latest electricity plans in Richardson.

Switching energy providers

Choose Energy can also help if you already live in Richardson but want to lock in a cheaper rate or switch to a different type of plan. To see what’s available, submit your ZIP code on our marketplace. But keep in mind that your provider will likely charge an ETF if you’re on a fixed-rate plan and cancel it before the contract expires.

Frequently asked questions about Richardson energy

Who has the cheapest electricity rates in Richardson?

Right now, 4Change Energy offers the cheapest Richardson electricity rate on the Choose Energy marketplace. However, prices change regularly, so make sure to check prices using your ZIP code before signing up for a new plan.

What is the average electric bill in Texas?

In Texas, the average residential electric bill is $171.44 per month — about 19% higher than the national average. This is based on the state’s average monthly electricity usage (1,146 kWh) and average electricity rate (14.96 cents per kWh).

How can I compare Richardson electricity rates?

Get started by submitting your ZIP code on this page. You’ll get a list of the current rates and plans in your area, which you can filter to find options that fit your needs.

When is the best time to shop for a Richardson energy plan?

You’re more likely to find cheap electricity in Richardson if you shop when the weather is mild, for example, during the spring and fall seasons. There’s less demand for energy during these months, which tends to equate to lower rates.

How can I lower my electricity bill in Richardson?

There are plenty of ways to lower your energy usage and reduce your electric bill. For instance, you can program your thermostat to a lower temperature when you’re out of the house. You can also maintain your HVAC system, seal up drafty windows and doors, and run your washing machine with cold water. You could also try switching to a plan with a cheaper rate using Choose Energy.

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