Determining Total Electricity Costs in McKinney, Texas
The most difficult part about determining if you are paying the lowest rates possible for your electricity is understanding the different fees that electricity companies can charge on top of the rate for actual electricity usage.
While some electricity companies will figure such fees into the rate that they charge for electricity others will leave these fees completely out of their rate.
This means that you could be getting a lower actual electricity rate but be paying more than other companies would charge you once certain fees are factored in.
If you are like most people though you would much rather be paying as low an electric rate as possible so it is important to compare actual total costs rather than only usage rates.
Using a comparison tool such as the one provided by Electric Rates can help you determine the actual rates of electricity companies in Mckinney, Texas.
Call an Electric Rates consultant to find out how the comparison tool works or to get a real quote on electricity rates being offered in your area.
If you are tech savvy and would rather compare rates online simply use the comparison tool by entering your zip code to find out how many options you have in the Mckinney area.
The chart will provide you with fixed rates as well as variable rates if applicable.
If you are unsure what the difference is between the two different types of rates then you can find out by calling a representative who will be happy to answer your questions and help you determine how much you can save.
Grayson Collin Electric Co-Op
2201 County Road 196 972-542-7268
Business Name: Grayson Collin Electric Co-Op
Address: 2201 County Road 196
Zip Code: 75069
Nearest Intersection: Old Mill Rd & Country Ln
Map Coordinates: 33.1636, -96.599
Electric Companies in Mckinney, Texas
You can choose among several electric companies in Mckinney Texas if your city is in a deregulated electric utility area in Texas. ElectricRates.com recommends calling the Electric Companies in Mckinney, Texas listed on this page and getting an electric rates quote to compare with our electric rates comparison chart. Once you have the quote from the Mckinney energy supplier you can compare their electric rates with several other Mckinney electric companies in your area of Texas. You may also call to speak to one of our energy consultants at 1-903-245-4989
Clear Advertised Electric Prices in Mckinney Texas
One of the main problems in the Texas electricity market is the issue of hidden fees and charges in an advertised electric rate. A few electricity providers will advertise their electric rates without including the TDSP charges in the rate. The state government as well as most retail electric providers in Texas include all fees and charges including TDSP charges in their rate. These electricity companies go so far as to designate these additional charges by zip code making it simple and effective to pull up an all inclusive price when shopping for electricity.
Other electric companies will leave the TDSP charges off because they are considered pass through charges. The term pass through charge simply means another company is responsible for these fees but must bill the customer through the retail electric provider. This point regarding responsibility of the charge is why some electric companies in Mckinney TX feel justified in leaving these charges off of the advertised electric rate. Although the all-in price will be shown in the electricity facts label they choose to leave it off of the clearly displayed price in their ads?
If these Mckinney Texas electric companies can calculate the charge and bundle it into the facts label you would think they could also display it in their advertisements? It makes since right? So why don’t they do this? I would think a big part of it would have to do with the fact that many customers will see the unbundled electric rate and believe they will be paying several cents cheaper than all the other electric companies in Mckinney. Of course, a few weeks later these customers will see that they are being charged a few cents more than they expected.
If you call the electric company who tricked you you will be told a very common cop out. They will explain that the TDSP charges are pass through charges and are not their charges. This is true but why did they not disclose these in the advertised price as most electric providers in Mckinney do? They may tell you they are not required to do so except in the terms of service and facts label which is partially true. The Texas government has added some more rules and regulations regarding this and you may be able to prove in a court of law that these tricksters should have also made it clear in the advertised electric price and not in just the finer details of the energy contract.
If you have been dealt badly by a Mckinney TX electric company I would take it up with the electric provider first and see if they can fix their problem. If they continue to ask you to call the TDSP company and talk to them than I would proceed to make your complaint to the Public Utility Commission of Texas. The PUCT will take and file your complaint and proceed to talk with the bad electric company. Usually a settlement is reached with the customer over several months time and you can choose a more ethically run electric company that is more clear as to what their Mckinney electric rates are.
If you have questions about the all-in electric rates in our electric rate comparison chart please feel free to give one of our energy consultant in Mckinney a call at 1-903-245-4989. We include all charges except for taxes in the rates on the comparison chart so you can make an accurate comparison from various electric providers in your area.
Amanda Fetzer says
i was trying to compare rates and see what the payment requirements are for setting up services for electricity. need to know what the deposit is and any other charges that may be included insetup and monthly costs. also wanted to know if you participate in the lite up texas program.
Lite Up Texas program is a government program you will need to contact the PUCT (Public Utility Commission of Texas) 1-866-454-8387 or go to their website. Click here to read about the Lite Up Texas Program