Prosper Electricity Rates

38 electricity providers compete for your business in Prosper, offering 184 plans from 7.1¢ to 20.2¢/kWh. The three cheapest providers are Budget Power, Chariot Energy, and Gexa Energy. The average rate at 1,000 kWh is 13.98¢/kWh.

75+Providers
5M+Shoppers
20+Years online
01

Best-Value Electricity Plans in Prosper

Sorted by price at 1,000 kWh. Plans with bill credits can cost more at other usage levels — check the EFL for the full breakdown. Prosper homes average 1,300–1,600 kWh/month, so compare at higher tiers for a realistic estimate.

Cheapest Prosper electricity plans compared by provider, rate, and term length
ProviderPlanRateAction
Chariot Energy
GridPlus 12 - 7.20¢
12 months Low Rate
7.20¢
per kWh at 1,000 kWh
Continue
Gexa Energy
Gexa Eco Saver Plus 12
12 months Low Rate
7.90¢
per kWh at 1,000 kWh
Continue
Frontier Utilities
Frontier Saver Plus 12
12 months Fixed Rate
7.90¢
per kWh at 1,000 kWh
Continue
Atlantex Power
Radiance1000
12 months Fixed Rate
7.93¢
per kWh at 1,000 kWh
Continue
Rhythm
Rhythm Max Saver 12 - 8.20¢
12 months Fixed Rate
8.20¢
per kWh at 1,000 kWh
Continue
Energy Texas
The Lone Saver Plus 12 - 8.20¢
12 months Fixed Rate
8.20¢
per kWh at 1,000 kWh
Continue
Discount Power
Bill Credit Bundle 13 - 8.40¢
13 months Fixed Rate
8.40¢
per kWh at 1,000 kWh
Continue
Octopus Energy
Octopus Lite 12 - 9.80¢
12 months Fixed Rate
9.80¢
per kWh at 1,000 kWh
Continue
TXU
Smart 1000 Select 12 - 10.90¢
12 months Fixed Rate
10.90¢
per kWh at 1,000 kWh
Continue
Just Energy
Smart Choice - 12 - 11.10¢
12 months Fixed Rate
11.10¢
per kWh at 1,000 kWh
Continue
Amigo Energy
Power Perks - 12 - 11.10¢
12 months Fixed Rate
11.10¢
per kWh at 1,000 kWh
Continue
Tara Energy
Value Choice - 12 - 11.10¢
12 months Fixed Rate
11.10¢
per kWh at 1,000 kWh
Continue
SOUTHERN FEDERAL POWER LLC
Variable Advantage - 12.10¢
1 months Fixed Rate
12.10¢
per kWh at 1,000 kWh
Continue
Ranchero Power
No Contract Advantage - 12.10¢
1 months Fixed Rate
12.10¢
per kWh at 1,000 kWh
Continue
True Power
True Value 12 - 12.10¢
12 months Fixed Rate
12.10¢
per kWh at 1,000 kWh
Continue
INFUSE ENERGY
Essential Infusion 6 - 12.30¢
6 months Fixed Rate
12.30¢
per kWh at 1,000 kWh
Continue
AP GAS & ELECTRIC (TX) LLC
TrueClassic 6 - 12.30¢
6 months Fixed Rate
12.30¢
per kWh at 1,000 kWh
Continue
CONSTELLATION NEWENERGY INC
Simple Switch 6 - 12.40¢
6 months Fixed Rate
12.40¢
per kWh at 1,000 kWh
Continue
Companion Energy
Companion + Perks 12 - 12.40¢
12 months Fixed Rate
12.40¢
per kWh at 1,000 kWh
Continue

Showing the 20 cheapest Prosper electricity plans based on 1,000 kWh usage.

Oncor
Delivers Your Power
14.0¢
Avg Rate / kWh
4.9 hrs
Peak Sun / Day
9.6 yr
Solar Payback
Local Grid

Prosper Utilities

No matter which retail provider you pick, the poles, wires, and meters in Prosper are owned and maintained by one company — and they handle every outage.

Oncor Electric Delivery
Transmission & Distribution Utility · North & Central Texas
3.9M
Customers served statewide
1.6 hrs
Avg outage time / yr (SAIDI)
107 min
Avg restoration (CAIDI)

Oncor Electric Delivery serves about 3,936,107 customers across North & Central Texas, including Prosper. The typical Oncor customer sees roughly 0.9 outages per year, each lasting about 107 minutes.

See the full Oncor profile

Bills & Grid Mix

Prosper Electric Bills

At Prosper’s average rate of 14.0¢/kWh, here’s what a typical home pays across the year — and where that electricity is generated on ERCOT — the Texas grid.

Estimated monthly bill across the year

$133
Jan
$120
Feb
$113
Mar
$120
Apr
$149
May
$194
Jun
$234
Jul
$239
Aug
$207
Sep
$149
Oct
$120
Nov
$136
Dec

A typical Prosper home’s bill ranges from about $113 in Mar to $239 in Aug — summer air conditioning is the single biggest driver. Locking in a low fixed rate before summer is the easiest way to blunt the Aug spike.

Prosper Power Generation

42% Natural Gas
24% Wind
15% Coal
8% Nuclear
7% Solar
4% Hydro & Other
35%
Renewable & carbon-free generation (wind, solar & hydro)
914 lb
CO₂ per month for a typical Prosper home (≈1,140 kWh)

Monthly bills are modeled from the local average rate and a regional seasonal usage profile; your actual usage will vary.

Live Grid Status

Prosper Grid Status

As of , there are 60 customers without power in Prosper’s Collin County, Texas. This represents 0.01% of 468,121 tracked customers. This is within normal operating levels for the Oncor Electric Delivery service territory. Statewide, 240,987 Texas customers are without power across 1323 of 254 counties.

60
Customers Out
468,121
Customers Tracked
0.01%
Affected
6m ago
Last Updated

Transmission & Distribution

Oncor Electric Delivery
468,121 customers in Collin County
ERCOT Grid
Electric Reliability Council of Texas
Normal

Oncor Electric Delivery customers in Prosper experience an average of 0.9 outages per year, with each outage lasting approximately 107 minutes. The total annual interruption time averages 1.6 hours per customer.

84° Clear
91°Feels like 70%Humidity 11 mphWind
Prosper and Collin County have no severe weather warnings in effect. Current outages are most likely not weather-related.
Source: National Weather Service — KTKI

Is there a power outage in Prosper right now?

Yes. As of , there are 60 customers without power in Prosper (Collin County, Texas), representing 0.01% of 468,121 tracked customers.

02

Prosper Electricity Costs at Every Usage Tier

Prosper is not a typical DFW suburb when it comes to electricity usage. Nearly every home is new construction — master-planned communities like Star Trail, Windsong Ranch, Light Farms, and Whitley Place feature executive-size floor plans of 3,500–5,000+ square feet. The average Prosper household uses 1,300–1,600 kWh per month, well above the Texas average of 1,200 kWh. Compare plans at the 1,500 and 2,000 kWh tiers for the most realistic bill estimate.

Prosper Apartments
500 kWh/month
True Value 12 - 12.10¢
$63.00/mo
estimated Prosper monthly bill
  • True Power
  • 12.6¢/kWh at this usage
  • 12-month fixed rate
Average Prosper Home
1,000 kWh/month
Prime 12 - 7.10¢
$71.00/mo
estimated Prosper monthly bill
  • Budget Power
  • 7.1¢/kWh at this usage
  • 12-month fixed rate
Larger Prosper Homes
1,500 kWh/month
Prime 12 - 7.10¢
$106.50/mo
estimated Prosper monthly bill
  • Budget Power
  • 7.1¢/kWh at this usage
  • 12-month fixed rate
Prosper Executive Homes
2,000+ kWh/month
Variable Advantage - 12.10¢
$234.00/mo
estimated Prosper monthly bill
  • SOUTHERN FEDERAL POWER LLC
  • 11.7¢/kWh at this usage
  • Variable rate

Prosper’s Big-Home Reality Check

Prosper’s executive homes routinely exceed 3,500 sq ft with high ceilings, multiple HVAC zones, and pool equipment. Even with new-construction insulation, expect 1,500–2,500+ kWh in summer when North Texas hits 100°F+. Always compare plans at the 1,500 and 2,000 kWh tiers — not just 1,000 kWh — to avoid bill shock when July and August arrive.

03

Who Provides Electricity in Prosper?

We compare rates from 38 retail electricity providers (REPs) serving Prosper’s Oncor Electric Delivery territory. Every provider listed below is licensed by the Public Utility Commission of Texas (PUCT) and offers plans you can sign up for today. Your REP handles billing and customer service; Oncor delivers the power regardless of which provider you choose, so switching never affects reliability.

Budget Power
REP · Prosper
Chariot Energy
Solar & Green
Gexa Energy
NextEra Company
Frontier Utilities
Texas HQ
Atlantex Power
REP · Prosper
Rhythm
Est. 2019
Energy Texas
REP · Prosper
Discount Power
REP · Prosper
Octopus Energy
UK-Based
TXU
Est. 1882
Just Energy
Canadian Co.
Amigo Energy
Just Energy
Tara Energy
Est. 2005
SOUTHERN FEDERAL POWER LLC
REP · Prosper
Ranchero Power
REP · Prosper
True Power
REP · Prosper
INFUSE ENERGY
REP · Prosper
AP GAS & ELECTRIC (TX) LLC
REP · Prosper
CONSTELLATION NEWENERGY INC
REP · Prosper
Companion Energy
REP · Prosper
VARSITY ENERGY LLC
REP · Prosper
Abundance Energy
REP · Prosper
REVOLUTION ENERGY LLC
REP · Prosper
GOOD CHARLIE & CO LLC
REP · Prosper
Spark Energy
Est. 2001
Champion Energy
Est. 2003
BKV Energy
REP · Prosper
CleanSky Energy
Clean Plans
Think Energy LLC
REP · Prosper
Pronto Power
REP · Prosper
Base Power
REP · Prosper
Cirro Energy
NRG Company
TriEagle Energy
Eagle Ford
Heritage Power
REP · Prosper
Reliant Energy
NRG Company
Direct Energy
NRG Company
Green Mountain Energy
100% Renewable
NEC co-op Energy
REP · Prosper
04

Small Business Electricity in Prosper

Prosper’s explosive growth along the Dallas North Tollway has fueled a wave of commercial development — restaurants, medical offices, retail centers, and professional services are opening to serve the town’s rapidly expanding population. Deregulation means Prosper businesses can shop dozens of providers for the best commercial rate, and the savings scale with usage.

Unlike residential plans with standardized pricing tiers, Prosper commercial electricity rates are custom-quoted based on your business’s usage profile, demand patterns, and contract terms. A quick quote request can unlock business rates you’d never see on a residential comparison page. Compare real-time commercial rates in the Oncor territory on our Texas business electricity rates page, or request a free quote at electricchoice.com/business-electricity/.

05

Nearby Cities

Nearby cities in Oncor’s service territory with competitive electricity rates:

06

Switching Power Companies in Prosper, Texas

Whether you’re moving into a new build in Star Trail or switching from an existing provider, the process is the same and takes about five minutes. Your new retail provider handles the coordination with Oncor — you don’t need to call anyone else, and there’s zero interruption to your power.

  1. Confirm Your Address & Check Your Contract

    Enter your ZIP code to verify your address is in Oncor’s deregulated territory. All of Prosper, including communities in both Collin and Denton County portions, qualifies. If you’re switching from an existing plan, check your contract end date and early-termination fee — most ETFs are $50–$200, and you can switch penalty-free within 14 days of your contract end.

  2. Compare Plans at Your Usage Level

    Shop rates from 38 providers. Prosper’s large homes mean you should compare at realistic usage: 1,500 kWh for a typical Prosper home, 2,000+ kWh for executive homes or homes with pools. If you’re on an old plan or rolled onto a variable rate, switching could save $50–$100+ per month on a high-usage home.

  3. Sign Up & You’re Done

    Enroll online or by phone. You’ll need your service address, preferred start date, and a government ID. Your new provider files a switch request with ERCOT and Oncor, and service transfers on your next meter-read date — typically 1–3 business days. No one visits your home and the lights stay on the entire time.

Moving to Prosper?

If you’re closing on a new build in Star Trail, Windsong Ranch, Light Farms, or Whitley Place, schedule your electricity at least 5 business days before your closing date to ensure power is on when you arrive. Your builder may have set up temporary construction power, but that account won’t transfer — you need your own residential plan. Many providers offer same-day or next-day activation if you’re in a time crunch.

Rooftop Solar

Prosper Solar

Prosper gets about 4.9 peak sun hours per day. At the local average rate of 14.0¢/kWh, here's what a typical 7 kW rooftop system looks like.

10,016 kWh
Annual production (7 kW system)
$1,400
Estimated yearly bill savings
$13,475
Net cost after 30% federal credit
9.6 yr
Estimated payback period

Texas context: 122,184 homes in the state have already installed rooftop solar (875 MW of residential capacity).

Estimate assumes a 7 kW system at $2.75/watt, an 80% performance ratio, and the 30% federal tax credit. Over 25 years the system would net roughly $21,525 after its net cost. Run your exact address →

07

Prosper Electricity: Your Questions Answered

Everything you need to know about electricity rates, plans, and providers in Prosper, Texas — from picking the right plan for a large home to understanding Oncor’s role.

How does electricity deregulation work in Prosper?

In Prosper, electricity delivery and supply are separated. Oncor Electric Delivery handles the wires and infrastructure, while you pick from competing suppliers (REP (Retail Electric Provider)s) for your actual electricity. This competition is regulated by the Public Utility Commission of Texas (PUCT).

What is the cheapest electricity rate in Prosper right now?

Right now, Prosper rates start at 7.1¢/kWh for 1,000 kWh usage, offered by Budget Power (Prime 12 - 7.10¢). With 184 plans on the market, the average is 13.98¢/kWh. That’s a 49% spread between the cheapest and the average.

What is the average monthly electric bill in Prosper?

A typical Prosper household using 1,000 kWh pays around $140/month at the average rate of 13.98¢/kWh. Your bill will vary with seasonal usage patterns — summer AC and winter heating drive the biggest swings.

Who delivers electricity in Prosper?

Oncor Electric Delivery handles all electricity delivery in Prosper — the physical infrastructure, meter reading, and outage response. Your choice of supplier only affects who generates and bills for the supply portion.

How do I switch electricity providers in Prosper?

Switching is straightforward: compare plans, choose a REP (Retail Electric Provider), and sign up. The new supplier coordinates with Oncor Electric Delivery automatically. Expect the switch to take 1–2 business days. There’s no physical work needed and no outage.

What happens when my contract expires?

Most suppliers move you to a month-to-month variable rate after your fixed term ends. This is usually higher than your locked-in rate. Set a reminder to compare plans before your contract expires.

How do Prosper business electricity rates work?

Prosper business electricity is priced differently from residential. Your rate depends on peak demand (kW), total consumption (kWh), and contract term. Request quotes from multiple REP (Retail Electric Provider)s to find the most competitive offer.

Who handles power outages in Prosper?

Oncor Electric Delivery. Your electricity supplier has no role in outage response — that’s always handled by the delivery company.