The Texas legislature approved energy deregulation in 2002 creating the path for competitive energy pricing and market. As a deregulated electricity market, state’s retail energy companies would need to compete - against each other - for the millions of Texas residential and business customers. The goal of a deregulated, or competitive energy market, is to give the power to choose to the consumer – which forced Allen electricity providers to be more efficient and lower costs – and offer improved customer service and lower rates to their customers. Going forward, the home and business customers of energy suppliers would have the ability to switch to a new energy provider (at the end of each contract) to maintain the advantage of the deregulated market.
Texas has had a very healthy market in the new era of competition under energy deregulation. Residents and businesses can shop for electricity plans from a wide array of energy suppliers and shop for the best rate available. This means less money in the pockets of energy companies and more for you.
How do you get the best deal on an electricity plan? We analyzed and digested hundreds of thousands of data points from utilities and suppliers and determined the most basic action you can take is to be proactive.
Simply shopping suppliers and rates 6 months before your plan is set to renew can help you save 20% or more on your energy costs. Furthermore we found that most customers, depending on market conditions and usage, are likely to save by switching electric suppliers every 12 to 24 months.
Allen businesses can find big savings in the Texas energy market with just a little bit of due diligence. Since energy suppliers are forced to be more efficient, and offer business energy plans with competitive energy rates, it’s up to you to compare and find the best plan.
But finding the right plan can be difficult. In Texas, rates change by zip code. And with dozens of commercial energy suppliers, that means sifting through hundreds of plans.
This has made comparing energy plans confusing due to the sheer number of plans available, promotional rates that are not apples-to-apples and the legal fine print that details fees and penalties.
Commercial energy customers can maintain control over the process by reviewing their monthly usage and average monthly electricity bill.
If your average business electricity bill is less than $500 per month, then you can get a very good energy rate for your business through a simple online comparison of energy rates.
If your average commercial electricity bill is $500 or more per month, then you will most likely get a more competitive energy rate through a custom quote process. The custom process is exactly that – by providing basic business information, energy usage and submitting a recent electricity bill – EnergyBot can leverage partnerships with suppliers to work on your behalf and secure the best energy rate for your business. Although it will take more time to complete, the custom quote process may deliver a lower energy rate that will add up to big savings for your business.
For Allen businesses, researching energy rates and switching to a new electricity plan can be a hassle. EnergyBot is built to make energy simple and help businesses find the best electricity rate quickly and easily.
Along with saving time, EnergyBot also helps businesses cut energy costs by 15% for two reasons.
Renewable energy is becoming more and more viable every day. Several energy suppliers focus completely on green energy plans and even more suppliers offer partial green plans.
We are constantly finding new ways to give Allen businesses and residents more renewable energy options. This includes solar, wind, hyrdo, and even geothermal energy solutions. You can find out more about our green energy solutions ere.
The Trinity Presbyterian Church of McKinney, just north of Allen, is the first church in Collin County to install solar panels. Despite this congregation having history dating back all the way to the first settlers of Collin County, they are taking advantage of twenty-first century technology to enhance their offerings. They installed twenty two solar panels on the roof of the church which provide more than 7,800 kWh of electricity each year offsetting about 3% of the church’s overall electricity bill. This project was so successful for the congregation that they plan to add an additional twenty two panels to the roof by the end of 2020. With these additional panels, they could double the electricity they generate from solar to further offset their electricity costs so that they can provide more for the community.
Finding a new electricity provider in Allen is simple with EnergyBot. Follow these simple steps to get the lowest electricity rate in Allen.
Enter your zip code at the top of this page and you can quickly see plans from the top Allen electric companies. For even better pricing use our data linking tool to pull in your historic usage from your utility.
Energy plans often have long confusing contracts. We don't like teaser rates and tricky terms, so we filter out the plans that trick customers into bill spikes. Each plan you see on our site has plan details. This breaks down the most important information about the plan into a way that is easy to understand.
Once you have decided on a new energy plan for your home business just follow the prompts to confirm. Once you're done, we give you dashboard to see the status of your contract.
Allen energy providers offer rates and plans with a range of options and terms. While you will see many types of plans for the most part they are in two categories: fixed-rate and variable rate.
Fixed-rate plans will have a set price for the term of the contract. Regardless of weather, natural events, or market volatility, your rate will not change. In most cases, fixed-rate plans have a term length of 6, 12, 24, or 36 months. We recommend fixed-rate plans for most customers.
Variable-rate plan rates may change on a monthly basis based on market factors. Variable-rate plans offer more flexibility but present more volatility in pricing. Price changes may impact your monthly electricity bill in the form of price hikes. In most cases, we do not recommend variable-rate plans.
Known for being one of the safest cities in Texas, Allen has a consistently growing population with a population size of 103,383 residents as of the 2018 estimates by the Census Bureau. Located in the northern suburbs of Dallas, Allen covers a small area of just over 26 square miles.
Within the City of Allen, residents can take advantage of a wide variety of recreational activities. The city owns its own ice rink, swimming pool, and golf course offering discounted rates for residents and even free activities. It’s also home to one of the largest skate parks in Texas, the Edge Skate Park and Visitor Center, which covers 37,915 square feet for residents and visitors to enjoy. On top of these specific recreation facilities, Allen has over 1,188 acres dedicated to their sixty natural and man-made parks.
Every year they hold the Allen USA Celebration on the Saturday before Independence Day which boasts one of the largest firework shows in Texas. It brings the Allen community together for a day of activities and recreation suitable for people of all ages. This event has even had performances by famous musicians such as James Taylor. Each year, the event brings in about 100,000 people making it the largest event in Allen.
Texas has one of the healthiest and largest economies in the United States, second only to California in size. If Texas was its own country it would have the 10th largest GDP, beating out Canada and South Korea.
The 2.7 million small businesses in the state of Texas employ over 4.74 million people and added nearly 95,000 net new jobs, according to the latest SBA Small Business Profile. The economic growth in Texas has remained strong as the unemployment rate dropped from 4.1% to 3.8% in 2019.
Founded in 1870, Allen is home to a vibrant economy – with over a dozen corporate headquarters located within the city. The citizens of Allen also created the Allen Economic Development Corporation to help oversee economic developments in Allen which is funded through a 0.5% sales tax.
The City of Allen is regularly recognized as one of the best places to live in the United States and one of the best places to start a career. In 2017, both CNN and Areavibes recognized Allen as one of the best places to live in the United States with CNN ranking it as number two and Areavibes ranking it as number one.
Allen is poised to continue its amazing growth – with direction from the Allen Economic Development Corporation and continued recognition as the best place in the United States to live.