What are the cheapest McKinney Electricity Rates?

Money Magazine's 2104 Winner of Best Place to live in America, is just 30 Miles from Downtown Dallas and is consistently recognized as one of the fastest growing cities in the US. Fortunately, all these new residents benefit from some of the lowest electricity prices in the US and Texas. The average rate for electricity in McKinney, Texas is 10.54¢. For our study, we reviewed McKinney Electricity rates that include the TDU / TDSP (Transmission and Distribution) charges from Oncor, which reflect the “All in” cost of electricity and makes it easy to compare electricity plans side by side.





 



Cheapest Electricity Rates in McKinney, TX

To find the cheapest electricity rates in McKinney, we reviewed rates from Gexa Energy, 4Change Energy, Constellation, Just Energy and Entrust Energy. The most affordable Electricity in McKinney, TX is from Gexa Energy, with a monthly electricity bill of $75 for our sample customer using 1,000kWh/ Month. Gexa Energy's rate was about 30.6% cheaper than the average rate. The following table ranks the rates per 1000 kWh for five major McKinney area electric companies from most affordable to least affordable for our example customer. Your rates may vary.

Electricity Company Rate @ 1,000 kWh Monthly Bill Difference vs Average
Gexa Energy 7.50¢ $75 -30.6%
4Change Energy 8.30¢ $83 -23.1%
Constellation 9.90¢ $99 -8.3%
Just Energy 10.40¢ $104 -3.7%
Entrust Energy 10.70¢ $107 -0.9%



Best Electricity Rates in Texas: by City

The range of electricity rates for our sample customer in Texas is considerably wider than the range in other states. Our analysis showed that a Dallas, TX customer could be paying 41% less than an identical customer in Corpus Christi.

City Rate @ 1,000 kWh Monthly Bill Difference vs Average
Dallas 8.6¢ $86.00 -1.9%
Houston 9.2¢ $92.00 +3.51%
Texas City 8.4¢ $84.00 -3.49%
Abilene 8.9¢ $89.00 +0.88%
Coprus Christi 8.9¢ $89.00 +0.85%
Average 8.8¢ $88.00



Houston, TX

Houston is the fourth most populous city in the US with 2.3 million estimated as of 2016. Houston is also one of the largest cities in the South, with a land area of over 599 square miles. Houston also has the second most Fortune 500 headquarters of any U.S. municipality within its city limits (after New York City) It is also a great place for cheap electricity rates, featuring rates that are 7% less than the state average.


Texas City, TX

Texas City is just south of Houston, located on the Galveston Bay shoreline. It has a population of about 45,000 residents and to the Texas City Port, and petroleum and petrochemical hub. Texas City is served by TNMP (Texas New Mexico Power) and electricity rates are 5% higher than the state average.


Abilene, TX

Founded in 1881, Abilene is a city of 117,000 located 150 miles west of Dallas-Fort Worth. Electricity Rates in the Abilene area also are 8.6% more expensive than the state average.


Corpus Christi, TX

Corpus Christi was established in 1839 and is located 130 miles south of San Antonio. Today, the city has a population of about 320,000 residents and offers museums, restaurants and outdoor recreation. It's electricity rates are 11% higher than the state mean, but remain cheaper than regulated areas of Texas.




Most Expensive Electricity Rates in Texas

To find the most expensive electricity rates in Texas, we reviewed rates from deregulated and regulated areas in Texas. The most expensive electricity in Texas is in El Paso, TX, with a monthly electricity bill of $110.00 for our sample customer using 1,000kWh/ Month. El Paso Electric's rate was about 24% more expensive than the average regulated area rate, and 35% higher than the average deregulated area rate. The following table ranks the rates per 1000 kWh for five major deregulated Texas cities from most expensive to least expensive for our example customer. Your rates may vary.

Rank City Rate @ 1,000 kWh Monthly Bill
1 El Paso 11.0¢ $110.00
2 Austin 10.3¢ $103.00
3 Amarillo 8.8¢ $88.00
4 San Antonio 7.3¢ $73.00
5 Beaumont 6.8¢ $68.00
Average 8.84¢ $88.40



McKinney zip codes with the Cheapest Electricity Rates





Average McKinney Electricity Usage and Average McKinney Electricity Rate