Richardson Electricity Rates
Richardson is the Telecom Corridor of Texas — a premier corporate and tech hub just north of Dallas, home to UT Dallas and hundreds of technology companies. Oncor Electric Delivery maintains the grid, and every Richardson household gets to choose its electricity provider. With 38+ competing retailers, a few minutes of comparison shopping can save hundreds per year.
Key Takeaways
Cheapest Electricity Plans in Richardson
The lowest-priced residential plans available to Oncor customers in Richardson as of March 8, 2026 @ 9:33 PM CT. Rates shown at 1,000 kWh monthly usage.
Showing 20 of 194 Richardson electricity plans.
Best Richardson Electricity Plans by Usage Level
Richardson’s housing ranges from established Canyon Creek and Heights Park neighborhoods (1970s–90s) to newer CityLine mixed-use living. The average home uses 1,000–1,200 kWh/month, with summer peaks pushing higher in older homes.
- 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 Summer Heat
Richardson shares the DFW heat corridor. Summer highs above 100°F are common June through September. A home using 900 kWh in spring can reach 1,500–1,900 kWh in July. Older Canyon Creek and Heights Park homes should compare at the 2,000 kWh tier.
Richardson Electricity Providers
We compare rates from 38 retail providers serving Richardson’s Oncor territory. Every provider listed offers plans to residents today.
Richardson Business Electricity Rates
Richardson’s Telecom Corridor is one of the densest concentrations of technology companies in the Southwest — AT&T, Cisco, Samsung, Texas Instruments, and hundreds of startups. CityLine’s mixed-use campus and UT Dallas add to the commercial electricity demand.
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.
Richardson Business Types We Serve
Technology & Telecom
The Telecom Corridor’s tech campuses and data centers require high-reliability commercial rates with demand management.
Corporate & CityLine
CityLine’s mixed-use campus houses State Farm, Raytheon, and Blue Cross offices. Multi-year commercial rates available.
Retail & Dining
CityLine shops, Chinatown Richardson, and the diverse restaurant scene benefit from fixed commercial rates.
Education (RISD & UT Dallas)
Richardson ISD and UT Dallas’s expanding campus access institutional rates.
Healthcare
Methodist Richardson and area clinics need guaranteed uptime and storm-priority restoration.
Multi-Location
Bundle meters across North DFW for lower blended rates.
Richardson Business Electricity Tips
Leverage the Telecom Corridor. Richardson’s tech concentration means providers compete aggressively for commercial accounts. Start shopping 60–90 days before your contract expires.
Richardson Electricity by ZIP Code
We track electricity rates across 7 ZIP codes in the Richardson area served by Oncor Electric Delivery. Find your ZIP below to confirm you can shop for Richardson electricity plans on this page.
Don’t see your ZIP? Oncor’s territory covers Richardson and most of the the DFW area. Enter your ZIP code at the top of this page to check availability.
Moving to Richardson? Set Up Electricity
Relocating to Richardson for the tech jobs, UT Dallas, or the diverse neighborhoods? Setting up electricity is simple.
Verify Your Address
Confirm your Richardson address is in Oncor’s territory. Enter your ZIP above. All of Richardson is covered.
Compare Richardson 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.
Richardson Move-In Tips
Request service at least 5 business days before move-in. North Texas summers are harsh — AC on arrival is essential.
Switching Electricity Providers in Richardson
Already a Richardson resident? If your rate is above average or you’ve rolled onto a variable plan, switching takes minutes.
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 Richardson Electricity Plans
Here are the main plan categories available to Oncor customers in Richardson:
Fixed-Rate Plans
Your per-kWh rate is locked for the full contract (12–36 months). The go-to choice for Richardson homeowners who want predictable bills through the DFW area’s summers.
- Rate locked regardless of wholesale market swings
- Shields you from the DFW area summer price spikes
- Early termination fee if you cancel before term ends
- Current Richardson fixed rates: 8.1¢–20.5¢/kWh
Variable-Rate Plans
Your rate moves with the wholesale market each month. Best for Richardson 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 the DFW area 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 Richardson 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 Richardson
- Best for night-shift workers or EV owners
100% Renewable Plans
Backed by Texas wind and solar. Richardson’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 Richardson
- Current green rates: 8.1¢–15¢/kWh
Solar Buyback Plans
Earn credits when your Richardson 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 Richardson provider
- Chariot, Green Mountain, Rhythm available
- North Texas averages 230+ sunny days/year
Richardson Electricity FAQ
Common questions about electricity rates, plans, and providers in Richardson, Texas.
How does electricity deregulation work in Richardson?
Richardson 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 rate available?
As of March 8, 2026 @ 9:33 PM CT, the cheapest Richardson 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 bill?
At the current average of 13.8¢/kWh, an Richardson home using 1,000 kWh/month pays about $138/month. Richardson 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 delivers the electricity?
Oncor Electric Delivery is the TDU for Richardson and the greater the DFW area. They own the power lines, poles, and meters. For outages, contact Oncor at 888-313-4747 or visit oncor.com.
Fixed or variable — which should I pick?
Richardson 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 Richardson ZIP code to see the exact rates available at your address.
How do I switch providers?
Richardson commercial electricity is custom-quoted based on demand profile, usage volume, and contract length. With the Telecom Corridor tech concentration, Richardson 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/.
What happens when my contract expires?
You roll onto a variable rate (15–20+ cents/kWh). Reshop before expiration.
Who handles outages?
Oncor at 888-313-4747.
Are green energy plans available?
Yes. Gexa, Green Mountain, and Chariot offer 100% renewable plans at competitive prices.
How do Richardson business rates work?
Custom-quoted based on demand and volume. The Telecom Corridor’s tech base means fierce provider competition. Request a free business quote.
Find the Right Richardson Electricity Plan
Enter your ZIP code to compare plans from Richardson providers instantly.
Compare Richardson 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 @ 9:33 PM CT.