Read on to find out about electricity providers in McKinney, TX.
Texas is the largest energy producing and energy consuming state in the country Just 30 miles north of downtown Dallas and about 59 miles northeast of downtown Fort Worth, McKinney lives up to its motto, “unique by nature.” It boasts abundant parks and trails, beautiful vineyards, a vibrant cultural scene, a charming historic district and friendly, desirable neighborhoods.
McKinney has a population of 191,000, and it’s one of the fastest-growing cities in the nation. In fact, in recent years McKinney has ranked the sixth fastest growing city in the country. It’s also been recognized as one of the best places for first-time home buyers, a top place to raise a family, and has been ranked on Money Magazine’s “Best Place to Live in America” list several times.
There’s always something happening in McKinney—hot air balloon rides, biking, golfing, food tours, farmer’s markets, flea markets, a salsa competition and live music events. The list of things to see and do in McKinney goes on and on…and even includes a Mardi Gras dog parade, robotic dinosaur exhibits and chicken coop tours!
One of the most popular spots in town is the historic downtown cultural district—one of the largest and oldest in Texas. With more than 100 businesses, it’s a great place for dining, shopping, strolling, sightseeing and family-friendly events.
Find cheap and best electricity rates in Mckinney
The goal for Everything Energy is to make shopping easy so that consumers can pick the right electricity plan for their family and lifestyle. Compare the best electric plan in Mckinney Texas and shop electricity plans from the best energy providers.
Difference between Fixed and Variable plan
Electric companies provide two types of plans to their customers Fixed and Variable plan,
Fixed rates are sometimes called Secure or Term. These provide you with a fixed price for the length of your contract. They provide price security, but they usually have a cancellation fee if you switch away before the term is up. The cancellation fee is usually not applicable if you move.
Variable rate plans are sometimes called Flex plans or Month To Month plans. In this arrangement, there is no term length and you can switch providers anytime. However, your electricity rate can change each month. These plans don’t lock you into a commitment, so they are great for consumers that are in a short-term situation.
Understanding your Electricity bill
The Electricity Facts Label includes these items:
- Energy Rate – price per kWh for electricity
- Average Rate – price per kWh based on usage levels
- Base Charge – whether there’s a base monthly charge or minimum usage fee.
- Delivery Charges – charges from your local utility company. Sometimes these are included with the energy rate.
- Contract Length – number of months in your contract agreement
- Type of Plan – fixed, variable or index
- Early Termination Fee – fee that you will pay if you cancel your contract before the end of your contract term.
- Percentage of Renewable Content
- Contact Information for the Retail Energy Provider
How is the Electricity Bill Calculated?
A typical electric bill calculation with information from the EFL looks something like this:
(Energy Charge x kWh used) + Fixed TDSP fee + (Variable TDSP fee x kWh used) + Other Fixed Monthly Charge = Estimated Electricity Bill
To calculate your average price per kWh:
Estimated Electricity Bill/kWh used = Average $/kWh