What’s the Cheapest Electric Company in McKinney?
You don’t have to go far to find the best electric plan bargain in McKinney, TX. While there are a lot of electricity plans in Texas, we make shopping for the cheapest rates a walk in the park. If you’re looking for huge savings on your monthly energy bill, then here’s your best option right now.
Who Is the Cheapest Electricity Provider in McKinney?
Easy Saver 12 from 4Change Energy has the lowest electric rates right now in McKinney. This is a tiered energy plan with two tiers. You’ll pay a flat rate of $79 for usage up to 1000 kWh each month. But anything over 1000 kWh has an energy charge of 15.5 cents per kWh.
Most average-sized homes in Texas use around 1000 kWh per month. So, as long as you stay below that 1000 kWh mark, you’ll have the cheapest electricity rates. Still, the $79 charge is low enough that even if you go over, you’ll still end up saving more in the long run.
Are There Any Additional Fees?
There are no other charges or fees to worry about other than an early termination fee that is $20 per month remaining in your contract. That’s something to consider if you decide to shop for a cheaper electric plan before your contract ends. If you find cheaper rates, consider how much time is left in your contract before switching. After all, leaving at ten month would cost you $200 while four months would be $80. So it may be worth waiting, especially if you lock in really low electric rates for the long term.
What Happens at the End of Your Electric Contract?
4Change Energy moves all customers over to a default renewal product if they don’t respond to renewal notices when their contract period ends. These month-to-month energy plans typically have higher rates, so you’ll want to shop for a cheaper electric plan before your term finishes.
Cheap Electric Rates vs. Cheap Monthly Bills
While there are other plans out there in McKinney with a “cheaper” average rate at 1000 kWh per month, these plans will end up costing you more each month. This is because the plans offer their lowest rates around 1000 kWh of use. And this can be misleading. However, going over or under that 1000 kWh mark will cost you big. Over the year, that leads to higher monthly bills.
Find the Best Dallas Electric Plan
Don’t let comparing electricity rates in McKinney stress you out this summer. As an Oncor customer, you have the power to choose the cheapest electricity rates. To find your cheapest electricity plan in McKinney, visit https://www.texaselectricityratings.com today!