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Enter your zip code to instantly compare McAllen electricity rates and energy plans.
In 2002, the Texas legislature approved energy deregulation – paving the way for a competitive energy 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 McAllen 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.
For small and medium sized businesses to larger corporations, the deregulated market in Texas has flourished in the new era of competition. Today, every home and business can compare energy plans from top energy suppliers and shop for the best rate available – and then make the switch.
In an analysis of the energy data, most businesses can effectively reduce their monthly electricity costs by pro-actively researching providers and switching energy plans every 12 to 24 months.
If you are a business in the deregulated energy market of McAllen, Texas, you now have the power to choose your electricity supplier and your rate. To compete for your business, energy suppliers are forced to be more efficient, as well as offer customer-centric business energy plans with competitive energy rates.
Even though you have the power to choose, it can still be a daunting task. In each specific zip code, today’s commercial customer will have hundreds of plans from at least 20 different energy suppliers to choose from. And although the intended result of deregulation was to lower prices for small businesses, medium businesses and larger enterprise level businesses, it’s not that simple. In many cases, comparing energy plans is still 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. A good rule of thumb to follow based on the amount of the monthly bill.
If your average business electricity bill is under $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 over $500 per month, then you will most likely get a more competitive energy rate through the custom energy 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 McAllen businesses, researching McAllen energy rates and switching to a new electricity plan can be time-consuming and frustrating. 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%. As a pure online company, we eliminate the costly overhead fees and sales commissions that are associated with third party energy brokers. The days of paying too much for electricity is over. EnergyBot is committed to giving you a real choice.
Through our trusted partnerships with leading national energy suppliers, EnergyBot can also help businesses switch to a green energy plan and support a more sustainable business practice.
McAllen has been growing its renewable energy footprint for the past 10 years by subsidizing solar panels and wind energy projects. In fact, McAllen is home to the first Chamber of Commerce in the Valley Region to be powered by solar energy.
Finding a new electricity provider in McAllen is simple. Follow these simple steps to get the lowest electricity rate in McAllen.
Enter your zip code ad the top of this page and you can quickly see plans from the top McAllen 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 and the Electricity Facts Label. 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.
Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. The local utility in McAllen is responsible for transporting electricity from the generators to residential homes and businesses in this specific region.
Energy providers in McAllen like TXU Energy and Cirro Energy are the competitive energy retailers. In Texas, these companies are called Retail Electric Providers (REPs).
Energy suppliers offer two different types of plans for residential and business customers: a fixed-rate plan or a variable-rate plan.
Fixed-rate – meaning that the rate will remain constant for the term of the contract. Regardless of weather, natural events like tornados, or market volatility, your rate will not change. In most cases, a fixed-rate plan will have a term length of 6, 12, 24, or 36 months.
Variable rate plans may change on a monthly basis based on market factors. Variable-rate plans offer more flexibility but also present more volatility in pricing which may impact your monthly electricity bill.
In almost every case, EnergyBot recommends a fixed-rate plan. If you are unsure on what plan is right for your feel free to contact us.
Known as the City of Palms, McAllen is the 22nd most populated city in the state of Texas with a population of 143,433 residents. Located at the southern tip of the state in the Rio Grande Valley, McAllen covers an expansive area of 48.6 square miles.
One of the main way McAllen draws in residents is through their relative safety levels compared to other cities in Texas. It regularly ranks at the top of the safest cities in Texas by backgroundchecks.org coming in at 23rd place out of 3,000 cities ranked in 2019. This makes it the only city with a population of over 140,000 to make it into the top 25 safest cities. With this high level of safety thanks to the effective Police Department, residents of McAllen almost never worry about any type of crime. Not a single murder occurred throughout 2018 in this great city.
McAllen also offers a wide range of recreational activities. It’s one of the best cities for bird watching due to the positioning of the city on a major flyway of migratory birds between North and South America. This also brings out a diverse wildlife population with these migratory birds. The city even contains one of the wings of the World Birding Center. They’re also a part of the Bicentennial Bike Path and other recreational opportunities.
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 1905, McAllen is now home to a vibrant economy that revolves around global trade primarily with Mexico thanks to the increase in cross-border trading led by the North American Free Trade Association. This increase in trade in McAllen brought down the unemployment rate to just 5.6% in October of 2019 from 22.6% in 1990.
The city of McAllen heavily participates in the maquiladora economy. This type of economy allows factories to largely operate and transport goods duty free and tariff-free. Between the maquiladora economy and a push by the North American Free Trade Association, McAllen was able to be designated as a Foreign-Trade Zone. The McAllen Miller International Airport is also a designated Foreign-Trade Zone which facilitates any air cargo. This led to a huge boom to the city which can now import products duty free.
McAllen is poised to continue its amazing growth as foreign trade continues to grow within the city bringing the unemployment rate down even further.
