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Plano Electricity Rates

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Plano Electricity: What You’ll Pay

Plano, Texas, residents enjoy 15% lower electricity rates than the US average. However, due to the state’s warm climate, Texas ranks sixth highest for electricity usage per household. How, then, can Plano residents find good electricity rates, and how much can they expect to pay on their monthly bill? 

In Texas’s deregulated energy market, prepaid electricity companies are finding ways to attract customers and lower the cost of electricity for consumers. Plano residents have dozens of retail electric providers to choose from with varying rate plans. How can you know you’re choosing the best plan? Do certain promotions, such as free nights and weekends, really save money?

We’ll help you estimate your bill based on the size of your apartment or house. Plus, you’ll see that Payless Power’s simple pricing, shorter contracts and usage alerts help put power and savings back in the customer’s hands.

House Size and Electricity Costs

If you’re new to Plano, knowing your square footage and approximate kilowatt-hours per month is helpful when picking a provider and planning your budget. Reading your Texas Electricity Facts Label with your first bill also helps provide clarity on actual kWh usage and costs. For example, the average size Plano apartment is 935 square feet and the median size home on the market is around 2,300 square feet. The chart below helps estimate your costs.

Plano Electricity Rates & Usage: Estimated Charges*

*Based on Payless Power’s Autopay and Save 12 plan for zip code 75025 on 11/24/21. Rates subject to change due to energy costs.

Apartment
750 Sq Ft
Approx kWh per/Month
500kWh
Example Rate
18¢ / kWh
Expected Charge
$90
Small Home
1200 Sq Ft
Approx kWh per/Month
1000kWh
Example Rate
14.9¢ / kWh
Expected Charge
$149
Large Home
2000 Sq Ft
Approx kWh per/Month
2000kWh
Example Rate
13.5¢ / kWh
Expected Charge
$270

*Based on Payless Power’s Autopay and Save 12 plan for zip code 75025 on 11/24//21. Rates subject to change due to energy costs.

 

How Plano Electricity Rates Compare

Texas ranks sixth in overall energy consumption per capita. For residential electricity, Plano homeowners and renters consume about 1,467 kWh per month, while the national average is just shy of 900 kWh. Texas’s statewide rate of 12.03 cents per kWh is 15% lower than the average U.S. electricity rate of 13.99 cents per kWh.

Nationwide, commercial electricity rates average 11.60 cents per kWh, with Texas’s commercial rates costing 7.98 cents per kWh. In addition to traditional power sources (natural gas, coal, oil), Texas leads the U.S. in wind electricity generation and is fifth in solar power. As you can see, electricity rates and access to vast traditional and renewable energy sources provide relief for Texas’s warm climate and the need for high usage.

*Estimated from August 2021 data from EIA

 

Affordable Electricity Plans in Plano

Saving money on electricity in Plano begins with finding a good rate, then choosing a plan that suits your lifestyle﹘whether it’s contract length, a fixed or a pay-as-you-go plan. While some retail electric providers offer gimmicks like free nights and weekends, these plans often result in much higher rates that end up costing more annually. Read more about myths related to free nights and weekend plans.

Payless Power offers no-deposit prepaid electricity plans with instant approval, meaning no credit check! Customers receive daily usage alerts that allow you to reduce your energy consumption, which in turn saves you money, or you can add to your balance on the spot. Find a Payless Power electricity plan in your Plano zip code﹘and start saving up to 20% on energy costs today!

What our customers are saying

See why our power customers say we're the best electricity provider in Texas!

Affordable and easy to make payments

I was worried about getting electricity for my home through a prepaid company. I was calling around to see different rates then going through all the hassle of credit checks while dropping points each…

Christine M. in Killeen

Happy Customer

I have been with this company for several years and have been very happy since. Even when I moved, they made my usually stressful situation very easy and carefree. I recommend them to everyone that I…

Julia L. in Webster

Long term customer

I have enjoyed the service for 2 years now. In the beginning this service was planned to be temporary but with the service being so effective for me i decided to keep it for the long haul. I’m a happy customer.

Kalandra H. in McKinney