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Last Updated: February 2, 2024

Author: Paul I. Rhoads, CEM, CEP


Compare Rates and Find the Best Electric Company in Allen TX for 2024

Are you overpaying for electricity in Allen? Looking to improve your energy cost management? You've landed in the right spot!

This article serves as your comprehensive handbook for discovering the top electricity rates available in Allen. It will help you compare providers and plans and transition to a more budget-friendly energy solution.

Prepare to power your home or business confidently, knowing you've made an intelligent decision for your energy requirements. 

Understanding Allen's Deregulated Energy Market

In Allen, TX, the energy market is deregulated, allowing residents to select their electricity providers. However, this also requires them to invest time and effort into researching and comparing rates, plans, and providers to secure the most advantageous deal.

Before delving into Allen electricity rates, consider factors such as the rate itself, contract duration, and any possible extra charges. Ready to uncover more about Allen's electricity rates? Let's get started!

Comparing Allen Electricity Providers

Finding the best electricity rates in Allen doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing rates is a breeze!

Compare Electric Rates in Allen in just 3 Easy Steps:

  1. Click the Get Started Button: This will direct you to all our available electricity providers in your area.
  2. Compare Rates and Providers: Our easy-to-use interface allows you to compare all the providers and plans effortlessly.
  3. Enroll Online: Once you find the perfect plan, you can enroll online in less than 2 minutes.

Would you like to see how it works in real time? Watch the video below to learn how to shop online with EnergyPricing.com.

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Choosing an Electric Company in Allen, TX

When shopping for electricity providers in Allen, there are a few important factors to consider. These include:

  1. Price: Be sure to compare different rates and plans from each provider to find the best options for your needs and budget.
  2. Read Customer Reviews:  Many customers will post reviews of their experience with each provider. This can be a great way to get an idea of the customer service and reliability of each company.
  3. Company Size: Consider the number of customers a company has. It can indicate their size and stability. A larger customer base means more resources to meet customer demands.
  4. Company History: Researching a company's history can help you gauge its reliability. A company with a long history of reliable service is a positive sign of its longevity.
  5. Read the Contract: Read the entire agreement carefully before committing yourself to any provider. Look for hidden fees or penalties, cancellation clauses, and contract length.

Best Allen Texas Electric Providers

Finding the top electric company in Allen, TX, requires considerable effort. However, we can depend on the U.S. Energy Information Administration report, which assesses providers based on customer count. This ranking reveals the most popular energy companies in Allen.

  1. TXU Energy Retail Co, LLC – 1,668,676 Customers
  2. Reliant Energy Retail Services- 1,440,089 Customers
  3. Direct Energy Services- 516,248 Customers
  4. Ambit Energy Holdings, LLC- 408,661 Customers
  5. Green Mountain Energy Company- 364,913 Customers
  6. US Retailers, LLC- 348,361 Customers
  7. NextEra Energy Services, LLC- 293,050 Customers
  8. Stream SPE, LTD- 241,597 Customers
  9. Just Energy- 236,182 Customers
  10. Constellation NewEnergy, Inc - 218,526 Customers

If you reside in Allen, TX, I want you to expand beyond the electricity providers I mentioned. Some of the most attractive offers in Allen, TX, have historically come from emerging suppliers willing to offer better deals than established players. 

Types of Electricity Plans in Allen, TX

If you're seeking the top energy plans in Allen but are still determining which one to go for, fret not! Here's a breakdown of the most frequently available plan types and their respective advantages to assist you in making an informed choice.

Fixed-Rates Plans -  With a fixed-rate energy plan, your electricity rate is locked in for the duration of your contract. This means you'll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of market fluctuations.

Variable-Rate Plans - Unlike fixed-rate plans, variable-rate plans (Indexed Plans) have rates that fluctuate with the energy market. Your bill may vary based on market conditions. 

100% Green Energy Plans - If you prioritize environmentally friendly energy and don't mind the extra cost, a 100% Green Energy Plan is a great choice. However, it's important to note that the electricity flowing through your power lines may not be 100% Green Energy even with this plan. Instead, most electric providers offset your energy usage by purchasing Renewable Energy Credits (RECs) generated from solar or wind energy.

Promotional Energy Plans - Promotional energy plans offer savings through lower rates or unique billing structures. Popular options include free weekend plans and Monthly usage bill credit plans. However, customers should carefully review the Supplier's Electricity Facts Label (EFL) to understand pricing and potential additional costs.

Tips for Comparing Energy Plans in Allen TX

If you're seeking ways to lower your monthly electricity bill in Allen TX, fret not! These tips are here to assist you in swiftly discovering the optimal electricity plan.

  1. Check the plan's Electricity Facts Label (EFL): Every residential electricity plan in Texas must have an EFL. It's like a nutrition label for electricity plans. The EFL provides important details such as the average electricity rate per kWh, recurring charges, early termination fees, and contract length. Just remember to make an accurate electric rates comparison. Look at the EFL!
  2. Look up your kWh Usage. To compare plans effectively, consider your specific kWh usage. For example, if you use about 500 kWh per month, focus on plans tailored to your needs. This is especially important for promotional plans that offer credits for staying under a usage threshold.
  3. Note any additional fees: Besides the electricity rate, consider other costs, monthly service fees, cancellation fees, and other add-ons. It’s important to factor these fees into the equation when comparing plans.
  4. Consider 100% Green Plans: A 100% Green Energy Plan may be the perfect option for those prioritizing environmentally-friendly energy sources.
  5. Contract Length: Most electric providers offer plans from one month to three years. You may be able to save money with a longer-term plan, but make sure you understand the cancellation fees before committing yourself to any provider.

Saving Money on Your Electricity Bill in Allen TX

To reduce your electricity bill in Allen, consider shopping for better rates, investing in energy-efficient equipment, and being mindful of your energy consumption habits. Following these recommendations and understanding the different providers and rates can reduce energy expenses and save money.

Shop for Better Rates - To lower your monthly electricity bill, consider shopping around for better rates. One option is Texas PUC's shopping website, Power to Choose. It's important to note that any licensed provider can post offers there, regardless of reputation and customer service complaints. Unlike the state shopping website, EnergyPricing.com pre-screens all our suppliers and energy plans to bring you the best options.

Energy Efficiency Measures - Another way to lower your electricity bill is to invest in energy-efficient measures. Opt for LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. These choices will save you money and contribute to a greener and more sustainable future.

Smart Usage Habits - Alongside investing in energy efficiency measures, embracing smart energy usage habits can significantly contribute to saving on your electricity bills. You can actively reduce your energy consumption and enjoy lower monthly bills by turning off lights and electronics when not in use, sealing air leaks in your home, and opting for fans instead of air conditioning.

Moving to Allen, Texas: What you Need to Know about Your Electric Bill

Are you planning to relocate to Allen, TX? If so, it's important to note that Allen operates in a deregulated electricity market. This allows you to select and compare various electricity providers and plans, enabling you to secure the most competitive rates available. 

Below is everything you need to know about how to set up your electricity bill in Allen.

Local Electric Utility Company in Allen

Oncor serves as the electricity utility for the Allen region, delivering power from plants to residential and commercial establishments while maintaining the electrical infrastructure. If you experience power outages, please contact Oncor directly instead of getting your Retail Electricity Provider.

Locate your ESID number

In Allen, every electricity meter is assigned a distinct identifier known as an Electric Service identifier (ESI ID) number. When establishing your Energy service, it is necessary to provide this number to the companies involved. If you need your ESID number, please get in touch with your local utility company or use our ESID address lookup tool during the enrollment process on our website.

Retail Allen Electricity Providers 

The Allen electric companies you will choose from are called Retail Electricity Providers (REPs). To set up your electric service, click the Get Started Button below, select the REP you prefer, and let them know your move-in date. It's a simple process!

Commercial Electricity Rates in Allen, Texas

Are you a business owner in Allen struggling with the challenging and time-consuming task of pricing your business electricity accounts? We have the perfect solution for you - EnergyPricing.com! Say farewell to endless phone calls and in-person meetings once and for all.

EnergyPricing.com is a convenient platform that helps you obtain quotes from various electric companies in Allen. Utilize our cutting-edge technology to receive instant quotes from your computer or smartphone effortlessly. Our platform is designed to be user-friendly and easy to navigate. Start revolutionizing your energy experience by joining EnergyPricing.com today!

  1. Direct Access to Providers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of electricity providers. Just sit back and watch the bids come in!
  2. Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the rates in the market.
  3. Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.

Ready to Start Pricing? Save Today!

Throughout our thrilling journey, we gained insights into the electric rates in Allen. We explored the concept of a deregulated energy market, shared advice on comparing energy companies and using renewable energy instead of non-renewable energy such as natural gas, and even explored strategies to reduce electricity expenses. 

Get ready to take charge of your electricity usage in Allen! Begin comparing rates now to discover the perfect plan for your home or business. Click the Get Started Button below to save on your electricity bills today!

Girl holding a laptop and saying easily comparing rates, click hereGirl holding a laptop and saying easily comparing rates, click here