Oncor Electric territory

McKinney electricity rates.

McKinney is a fast-growing Collin County city in the DFW metroplex, fully deregulated and served by Oncor. Like Frisco and Plano, McKinney homes trend larger than the Texas average, which makes shopping providers especially worthwhile — annual savings of $300-500 from switching to the right plan are common for McKinney households.

220,000
Metro population
$158
Avg monthly bill
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Cheapest plans in McKinney
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Updated hourly · ZIP 75070
$158 Avg McKinney monthly bill EIA, 2024
120+ Plans available in McKinney Updated hourly
$340 Avg switching savings Per household, per year
86% of McKinney is deregulated ERCOT service area

How McKinney electricity works

Oncor delivers electricity throughout McKinney. Standard DFW TDU pricing applies: about 4.27¢/kWh plus around $5.25 monthly.

The actual electricity rate — the part you can control — is set by your Retail Electric Provider (REP). In McKinney, the most common providers are TXU Energy, Reliant, Direct Energy, Gexa, Champion Energy. Switching providers takes 1-2 billing cycles and doesn't interrupt service.

Historic downtown vs new suburbs — same plan menu

Whether you're in McKinney's historic downtown or one of the newer subdivisions to the west, your shopping options are identical. Don't assume your neighborhood limits your choices.

Watch for "Texas Power Promise" upcharges

Some McKinney homebuilders steer new homeowners toward specific REPs at closing. These are rarely the cheapest plans. Always compare against the broader market before committing.

Don't fall for "free nights" without doing the math

Texas wholesale prices have been trending up as demand outpaces supply growth. A 24-36 month fixed plan today is likely cheaper than the same plan in 2027.

How to find the cheapest McKinney plan

The fastest way: use our plan comparison tool with your ZIP code. It pulls every available plan from the Compare Power database (the same data REPs publish to the Public Utility Commission of Texas) and ranks them by what you would actually pay at your usage level.

If you don't know your usage, run the bill calculator first to estimate it, or check your last bill for the "kWh used" number.

McKinney electricity FAQ

Can I switch electricity providers in McKinney? If you're in a deregulated part of McKinney, yes — most of McKinney can switch any time. There's no service interruption.

Does switching providers cost anything? No. Switching itself is free. If you're mid-contract on your current plan, you might owe an Early Termination Fee (typically $150-$295) to your current REP — check your contract.

How long does switching take? Usually 1-2 billing cycles (3-8 weeks). The same poles deliver your electricity throughout; only the billing entity changes.

Will my power get shut off if I switch? No. Switching is paperwork-only. Oncor Electric continues to deliver power without interruption.

Tools for every McKinney energy question

Four free tools, no signup, real Texas data.