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Last Updated: February 4,  2024

Author: Paul I. Rhoads, CEM, CEP

 

Compare Electricity Rates in Frisco, TX in 2024

If you're looking for better ways to manage your energy costs and think you're paying too much for electricity in Frisco, you've come to the right place!

This article will guide you in finding the best Frisco electricity rates, comparing plans, and helping to find a more affordable energy solution.

With this guide, you can power your home or business confidently, knowing you've made an intelligent choice for all your energy needs.

Understanding Frisco's Deregulated Energy Market

Frisco, TX, residents can choose their electricity provider in a deregulated energy market. However, it requires some effort to research and compare Frisco electricity providers, rates, and plans to secure the best deal.

If you plan to check out Frisco electricity rates, it's crucial to consider factors like the rate, contract length, and extra fees. Are you ready to learn more about Frisco electricity rates being offered? Let's get started!

Comparing Electricity Providers in Frisco

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

Compare Electric Rates in Frisco 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 that 2 minutes.

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

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Shopping Electricity Companies in Frisco

When shopping for electricity providers in Frisco, 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 Frisco Electric Company

Determining the best electric company in Frisco, TX, takes a lot of work. But we can rely on the U.S. Energy Information Administration's report that ranks the providers based on the number of customers they have. This ranking tells us which energy companies in Frisco are the most popular.

  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 live in Frisco, TX, don't assume you're limited to the electricity providers I listed. Some of the best deals in Frisco, TX, have come from new and upcoming suppliers willing to undercut established players.

Types of Electricity Plans in Frisco, TX

If you're searching for the best energy plans in Frisco but need help deciding, check out the commonly offered plans and their benefits below to make an informed decision.

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 Frisco, TX

Are you looking to reduce your monthly electricity bill in Frisco, TX? Please don't worry; these tips can help you quickly find the best energy 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 Frisco TX

Lower your electricity bill in Frisco by shopping for better rates, investing in energy-efficient equipment, and being mindful of your energy usage habits. With these tips and a better understanding of providers and rates, you can save on energy expenses.

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

Will you be moving to Frisco, TX? If yes, you should know that Frisco is in a deregulated electricity market. This means you can choose and compare different electricity providers and every energy plan to get the best rate possible. 

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

Local Electric Utility Company in Frisco

Oncor is responsible for delivering electricity from power plants to homes and businesses in the Frisco area. They also maintain the electrical infrastructure. If there are any power outages, contacting Oncor directly instead of your Retail Electricity Provider is best.

Locate your ESID number

Each electricity meter in Frisco has a unique identifier known as an Electric Service identifier (ESI ID) number. You must provide this number to the companies when setting up your energy service. If you require your ESID number, contact your local utility company or use our ESID address lookup tool while enrolling on our website.

Retail Electricity Providers in Frisco

The Frisco 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 Electric Rates in Frisco, Texas

Frisco business owners, do you need help pricing your electricity accounts while managing your business? Say goodbye to countless phone calls and face-to-face meetings with EnergyPricing.com - the perfect solution for you!

EnergyPricing.com simplifies the process of receiving quotes from multiple electric companies in Frisco. Our platform provides instant quotes through proprietary technology accessible from your computer or smartphone. Experience the user-friendly and easy-to-navigate interface of EnergyPricing.com. Join our revolution today and reap the benefits!

  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 adventure, we gained knowledge about electric rates in Frisco. We discussed the deregulated energy market, provided advice on comparing energy companies, and shared strategies for reducing electricity bills. 

Ready to take charge of your electricity usage in Frisco? Compare rates and find the optimal energy plan for your home or business. Click the Get Started Button below to start saving money on your electricity today!

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