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Last Updated: January 31, 2024

Author: Paul I. Rhoads, CEM, CEP


Compare McAllen Electricity Rates in 2024

If you're looking to manage your energy costs better, this article is for you! It's the ultimate guide to finding the best electricity rates in McAllen, comparing providers and plans, and making the switch to a more wallet-friendly energy solution. 

Understanding McAllen's Deregulated Energy Market

Residents of McAllen, TX have the liberty to select their electricity suppliers as it's a deregulated energy market. Nonetheless, they need to put in some effort to research and compare plans, rates, and providers to get the most out of their money.

To begin exploring McAllen electricity rates, it's important to keep in mind details such as the rate, contract length, and additional fees. 

Comparing Electricity Companies in McAllen TX

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

Compare Electric Rates in McAllen 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 McAllen TX

When shopping for electricity providers in McAllen, 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 Electric Company in McAllen TX

Finding the top electric company in McAllen TX is a challenging task, but we can trust the U.S. Energy Information Administration report that ranks them based on the number of customers. This ranking reveals which energy companies are the most popular in the energy marketplace.

  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 McAllen TX, don't think you're limited to the energy providers I mentioned earlier. Newer, upcoming suppliers may offer more competitive rates. At EnergyPricing.com, we've researched and partnered with trustworthy electricity providers so you don't have to worry.

Types of Electricity Plans in McAllen Texas

If you're searching for top energy plans in McAllen but are uncertain about which one to opt for, we've got you covered! Here's an overview of the most commonly offered plan types and their benefits to assist you in making a well-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 McAllen TX

If you're trying to lower your monthly bill in McAllen TX, don't worry! These tips can help you find the best electricity plan quickly.

  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 McAllen TX

Lowering your electricity bill in McAllen is achievable by shopping for better rates, investing in energy-efficient equipment, and being mindful of your energy usage habits.

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

If you're considering moving to McAllen, TX, it's worth knowing that it operates in a deregulated electricity market. This gives you the freedom to choose from a variety of electricity providers and plans to find the best rate.

Below is everything you need to know about how to set up your energy bill in McAllen.

Local Electric Utility Company in McAllen

AEP Texas Central and Oncor are the electricity companies in McAllen TX. They deliver electricity from power plants to homes and businesses and maintain the electrical infrastructure. If there are any power outages, you should contact AEP Texas Central or Oncor, not your Retail Electricity Provider.

Locate your ESID number

Every electricity meter in McAllen has a unique identifier called an Electric Service identifier (ESI ID) number, which you'll need to provide to companies when setting up your Energy service. If you don't have your ESID number, you can reach out to your local utility company or use our ESID address lookup tool while enrolling on our website. 

Retail Electricity Providers in McAllen TX 

The McAllen 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 McAllen Texas

Are you a business owner in McAllen struggling with the time-consuming task of pricing your electricity accounts? Say goodbye to countless phone calls and face-to-face meetings with EnergyPricing.com - the solution you've been looking for!

EnergyPricing.com simplifies the process of obtaining quotes from multiple electric companies in McAllen TX. Instantly get quotes through our user-friendly platform on your computer or smartphone.

  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!

Today we acquired knowledge about electric rates in McAllen. We delved into the deregulated energy market and provided guidance on comparing energy companies, as well as shared some tips on ways to save money on your electricity bills.

Are you ready to take control of your electricity usage in McAllen? Click the button below to begin. 

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