McKinney Electricity Rates
McKinney has grown from a quiet Collin County seat into one of the fastest-growing cities in the United States — and every new home and business gets to choose its own electricity provider. Oncor Electric Delivery maintains the grid, but the rate on your bill is entirely up to you. With 38+ retail providers competing for McKinney customers, a few minutes of comparison shopping can save hundreds per year.
Key Takeaways
Cheapest Electricity Plans in McKinney
The lowest-priced residential plans available to Oncor customers in McKinney as of March 8, 2026 @ 9:29 PM CT. Rates shown at 1,000 kWh monthly usage.
Showing 20 of 194 McKinney electricity plans.
Best McKinney Electricity Plans by Usage Level
McKinney’s rapid growth means a mix of new-construction homes with modern insulation and older properties that run less efficiently. The average household draws 1,100–1,300 kWh/month, with summer peaks that can double that. Here are today’s best picks at four usage tiers.
- Companion Energy
- 9.5¢/kWh at this usage
- 3-month fixed rate
- Chariot Energy
- 8.1¢/kWh at this usage
- 12-month fixed rate
- Amigo Energy
- 9.1¢/kWh at this usage
- 3-month fixed rate
- Amigo Energy
- 8.6¢/kWh at this usage
- 3-month fixed rate
North Texas Heat Warning
McKinney sits in the North Texas heat corridor where summer highs regularly exceed 100°F from June through September. A home using 1,000 kWh in April can reach 1,800–2,200 kWh in July. Always compare plans at both 1,000 kWh and 2,000 kWh before signing.
McKinney Electricity Providers
We compare rates from 38 retail electricity providers serving McKinney’s Oncor territory. Every provider listed below offers plans to Collin County residents today.
McKinney Business Electricity Rates
McKinney’s explosive growth has brought thousands of new businesses to Collin County — from the historic downtown square to the sprawling Craig Ranch development. Commercial customers access the same deregulated market as residents, with custom-quoted rates built around demand profiles.
Commercial pricing factors in peak demand, load factor, and total volume. A quick quote is the only way to see what rates are available for your specific business profile.
McKinney Business Types We Serve
Retail & Dining
Downtown McKinney’s historic square, Craig Ranch shops, and Adriatica Village restaurants benefit from fixed commercial rates that keep summer overhead predictable.
Office & Professional
Collin County’s booming office market — from Craig Ranch corporate parks to SH-121 corridor — can lock in multi-year commercial rates.
Healthcare & Medical
Medical City McKinney and area clinics require guaranteed uptime with priority restoration during summer storms.
Construction & Development
McKinney’s construction boom means temporary service needs. Builders can secure short-term commercial rates for active sites.
Education & Childcare
Schools and daycares across McKinney ISD territory access institutional rates with budget-friendly billing cycles.
Multi-Location & Franchise
Bundle meters across multiple Collin County locations under one contract for lower blended rates.
McKinney Business Electricity Tips
Time your renewal. McKinney’s commercial market is competitive — start shopping 60–90 days before your contract expires. If you operate multiple Collin County locations, bundling meters almost always delivers a lower blended rate.
McKinney Electricity by ZIP Code
We track electricity rates across 10 ZIP codes in the McKinney area served by Oncor Electric Delivery. Find your ZIP below to confirm you can shop for McKinney electricity plans on this page.
Don’t see your ZIP? Oncor’s territory covers McKinney and most of the North Texas. Enter your ZIP code at the top of this page to check availability.
Moving to McKinney? Set Up Electricity
Relocating to one of America’s fastest-growing cities? Whether you’re moving to Craig Ranch, Stonebridge Ranch, or historic downtown, setting up electricity is simple.
Verify Your Address
Confirm your new McKinney address is in Oncor’s territory. Enter your ZIP above. All of McKinney, Prosper, Celina, and surrounding Collin County suburbs are covered.
Compare McKinney Plans
Browse plans from dozens of providers. Factor in your expected usage — apartments typically use 500 kWh, average homes 1,000–1,200 kWh, and larger homes 1,500+ kWh.
Enroll Online
Sign up in under 10 minutes. You’ll need your new address, preferred start date (allow 2–3 business days), ID, and contact info.
Oncor Activates Service
Your provider coordinates with Oncor to turn on power. Most activations happen remotely within 1–3 business days.
McKinney Move-In Tips
McKinney’s new-construction homes sometimes need meter activation coordinated with the builder — confirm with your builder and provider ahead of time.
Switching Electricity Providers in McKinney
Already have power in McKinney and want a better deal? Switching providers is painless and happens without interruption. The same Oncor lines deliver your electricity no matter which retailer you pick.
Check Your Current Plan
Find your contract end date and early termination fee (typically $50–200). If you’re within 14 days of expiration, most providers waive the penalty.
Shop Current Rates
Compare what’s available now against what you’re paying. If your rate exceeds 13.8¢/kWh, there’s likely room to save. At 1,000 kWh/month, even 2¢ savings means $240/year.
Sign Up With a New Provider
Enroll online or by phone. Your new provider handles everything — they contact your old provider and coordinate the switch through Oncor.
Seamless Transition
Within 1–3 business days your service transfers. Power flows through the same Oncor lines — zero downtime.
Types of McKinney Electricity Plans
Here are the main plan categories available to Oncor customers in McKinney:
Fixed-Rate Plans
Your per-kWh rate is locked for the full contract (12–36 months). The go-to choice for McKinney homeowners who want predictable bills through North Texas’s summers.
- Rate locked regardless of wholesale market swings
- Shields you from North Texas summer price spikes
- Early termination fee if you cancel before term ends
- Current McKinney fixed rates: 8.1¢–20.5¢/kWh
Variable-Rate Plans
Your rate moves with the wholesale market each month. Best for McKinney renters or short-term residents who need flexibility over price certainty.
- No contract or cancellation fee
- Rates may dip during mild spring and fall
- Risk of significant increases in North Texas summer heat
- Ideal for short-term or temporary situations
Prepaid Plans
Pay-as-you-go power — load your account and use it. No deposit, no credit check. A popular option for new McKinney residents still getting settled.
- Zero deposit and no credit check
- Daily usage notifications
- Slightly higher per-kWh rates
- Service pauses if your balance runs out
Free Nights & Weekends
Electricity is free during off-peak hours (typically 9 PM–6 AM). Works well if you can shift laundry, dishwashing, and EV charging to nighttime.
- Free power during designated overnight hours
- Higher daytime rates offset the free periods
- TXU Energy and Reliant offer these in McKinney
- Best for night-shift workers or EV owners
100% Renewable Plans
Backed by Texas wind and solar. McKinney’s access to West Texas wind farm capacity makes green plans competitively priced.
- Powered by Texas wind and solar energy
- Often priced within 1¢ of conventional plans
- Gexa, Green Mountain, Chariot serve McKinney
- Current green rates: 8.1¢–15¢/kWh
Solar Buyback Plans
Earn credits when your McKinney rooftop panels export surplus energy to the grid. Offsets your summer cooling costs substantially.
- Credits for excess power your panels generate
- Buyback rates differ by McKinney provider
- Chariot, Green Mountain, Rhythm available
- North Texas averages 230+ sunny days/year
McKinney Electricity FAQ
Common questions about electricity rates, plans, and providers in McKinney, Texas.
How does the deregulated electricity market work here?
McKinney is part of the deregulated Texas electricity market. Oncor Electric Delivery maintains the grid and power lines, but you choose your retail electricity provider (REP). Your REP sets your rate and handles your bill. Oncor delivers the power regardless of which provider you pick.
What is the cheapest electricity rate available right now?
As of March 8, 2026 @ 9:29 PM CT, the cheapest McKinney electricity rate is 8.1¢/kWh at 1,000 kWh usage, offered by Chariot Energy (GridPlus 12 - 8.10¢). The average across all 194 plans is 13.8¢/kWh. Rates update multiple times daily.
What’s the average monthly electric bill in McKinney?
At the current average of 13.8¢/kWh, an McKinney home using 1,000 kWh/month pays about $138/month. McKinney homes average 1,000-1,200 kWh/month. Summer bills can climb to $200-300 for larger homes when DFW temperatures exceed 100°F.
Who maintains the power lines and meters?
Oncor Electric Delivery is the TDU for McKinney and the greater North Texas. They own the power lines, poles, and meters. For outages, contact Oncor at 888-313-4747 or visit oncor.com.
Should I lock in a fixed rate or go variable?
McKinney and Dallas share the same TDU (Oncor) and the same pool of retail electricity providers, so the available plans are very similar. However, rates can differ slightly by ZIP code due to localized utility charges. Always enter your specific McKinney ZIP code to see the exact rates available at your address.
How do I switch providers without losing power?
McKinney commercial electricity is custom-quoted based on demand profile, usage volume, and contract length. With the rapid Collin County growth, McKinney has a dense concentration of commercial customers. Businesses in Oncor territory typically save 15-25% by comparing providers. Request a free quote at electricchoice.com/business-electricity/.
Who do I call during a power outage?
Contact Oncor at 888-313-4747. They own all power lines in the area. You can also report outages at oncor.com.
What happens when my electricity contract expires?
Your provider sends a notice 30–45 days before expiration. If you don’t act, you roll onto a variable rate — typically 15–20+ cents/kWh. Set a reminder to shop 2–3 weeks before your plan ends.
Are 100% renewable plans available?
Yes. Providers like Gexa Energy, Green Mountain Energy, and Chariot Energy offer 100% renewable plans backed by Texas wind and solar. Green rates are often within 1¢ of conventional plans.
How do McKinney business electricity rates work?
Commercial electricity is custom-quoted based on demand profile, volume, and contract length. With Collin County’s rapid commercial growth, providers compete aggressively for business accounts. Request a free quote to see rates.
Find the Right McKinney Electricity Plan
Enter your ZIP code to compare plans from McKinney providers instantly.
Compare McKinney PlansSources & Notices
These are real-time rates from the ElectricChoice.com electric rate and plan marketplace. The inclusion, exclusion, ranking, or naming of any rate, plan, or provider on this page does not constitute an endorsement or recommendation. Listed rates may or may not account for all plan features, fees, etc. You should review each plan’s Electricity Facts Label (EFL) and plan terms before enrolling. Last updated: March 8, 2026 @ 9:29 PM CT.