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Plano Electricity Rates

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Plano Electricity Rates

Plano Electricity Rates

Plano residents have the opportunity to take advantage of Texas’ deregulated energy market by switching to different electricity plans with lower electricity rates. Electricity consumers in Plano have an average electricity rate of 12.66 cents/kWH, which is higher than the Texas electricity average rate of 11.76 cents/kWh but still lower than the national average of 13.91 cents/kWh, and have an average electricity bill of $140. Be it prepaid,  fixed, or variable plans at terms of 12 months, 24 months, 36 months and more, there are a variety of different electricity plans and rates to suit the needs of any Plano residential customer or company looking to save money on their power bill today.

Plano, Texas Residential Electricity Rates

Electricity companies offer Plano electricity rates based on the estimated monthly household consumption for 500 kWh (an apartment), 1000 kWh (small homes), and 2000 kWh (large homes). A prospective customer can look at their previous monthly power bills to see their average monthly electricity consumption. Using this information alongside the size of their home, a customer can make an educated choice when deciding which electricity provider’s residential electricity plans and rates can support their lifestyle while helping them save money for a variety of terms, including long term contract options at 24 months or 36 months. The following Plano electricity rates are based on electricity company comparisons from Choose Energy.

Plano Electric Rates for an Apartment

Electricity plans with a monthly estimated electricity consumption of 500 kWh are appropriate for Plano residents who live in an apartment and/or are mindful of their power savings habits. The average Plano electricity rate for plans at this level of consumption is 14.8 cents/kWh, which is more expensive than both the Texas and national average rates. But if your previous utility bills shows that you can consume under 500 kWh/month, your new utility bill will be only $74. On the flip side, if you don’t think that you can consume less than 500 kWh/month, it is recommended to go with a higher consumption plan like 1000 kWh/month because a 14.8 cents/kWh rate can quickly add up over the course of 12 or 24 months.

Plano Electric Rates for a Small House

Most Plano residents consume around 1000 kWh/month of electricity, which is how much electricity you need to power a small house. If your home size or level of energy consumption falls under this amount, you can find electricity rates in Plano at an average of 11.8 cents/kWh. While this electricity rate is higher than the Texas average, it is still lower than the national average. At this rate, Plano residents can expect an average monthly electricity bill of $118. As this is more affordable than the average cost of electricity in Plano, a smart local customer should aim to use less than 1000 kWh/month of electricity to maximize smart savings on their utility bills.

Plano Electric Rates for a Large House

If your Plano lifestyle or larger home size requires a higher amount of power, you should shop for electricity plans from energy companies that have an estimated electricity consumption level of 2000 kWh/month to get the lowest possible electricity rates. At this high level of energy usage, Plano residents can get the low electricity rate of just 11.39 cents/kWh, which is lower than both the Texas and national average electricity rates. At the end of every month, a Plano customer can expect an average monthly bill of $228 from their electricity company.

Plano Commercial and Industrial Electricity Rates

Commercial and industrial businesses in Plano can also take advantage of Texas’ deregulated electricity market by switching power companies and/or electricity plans to obtain the lowest electricity rates possible.

Commercial Electricity Rates in Plano

Commercial electricity consumers in Plano, Texas can get electricity rates as low as 8.1 cents/kWh, which is the same as the average Texas commercial electricity rate. With electricity plans ranging from short to long term, there is a lot of flexibility for whatever Plano businesses may need from energy companies. This rate is lower than the national average commercial electricity rate of 10.09 cents/kWh, making Plano an attractive town to start a business in.

Industrial Electricity Rates in Plano

Industrial electricity consumers in both Plano and Texas can get average electricity rates as low as 5.57 cents/kWh, which is less than the national average rate of 6.67 cents/kWh. Since Texans generally consume less energy than other industrial electricity consumers nationwide, their average monthly power bill is more than 30% cheaper than the national average.

Save on Plano Electric Rates Today

No matter if you are looking for a residential electricity rates to last for 12 months, commercial electricity plans for 24 months, or industrial electricity rates for 36 months or more, there are a variety of Texas electricity plans to suit the needs of any customer across Plano, Texas.

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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…

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