Not all Texas electric companies are created equally. If you live in The Colony, you have the power to choose your electric company. There are many companies to choose from with a wide variety of products. Comparing electricity rates can be confusing. That’s why since 2009 Vault Electricity has helped Texans pick from the confusing array of companies and plans available with our free online tools.

Click here to compare The Colony electricity rates

Here you will find all the resources you need to make a smart decision about your next electricity provider. Just a few minutes of comparison shopping will help you dramatically decrease your light bill.

If you have never shopped for electricity in The Colony before, this page will help you understand how the electricity market in Texas works.

Simply enter your zip code and you will see a complete list of electricity providers and rates for The Colony, TX or wherever you live. From there, you can compare rates and select the one that’s best for you. Sign-up online or over the phone. It only takes minutes.

Featured Electricity Rates In The Colony, Texas

Compare the cheapest The Colony electricity providers and rates

Click here to compare The Colony electricity rates

Top The Colony Electricity Rates From Each Provider

Electric Company	Plan Name	Electricity Rate
BKV energy	The Lantana 15	14.2¢/kWh
Frontier Utilities	Frontier Saver Plus 24	11.3¢/kWh
Gexa	Gexa Eco Saver Plus 24	11.3¢/kWh
4Change Energy	Maxx Saver Select 24	11.3¢/kWh
Cirro Energy	Smart Simple 12	15.6¢/kWh
Trieagle	Sure Value 36	12.9¢/kWh
Direct Energy	Autopay Texas 12	16.3¢/kWh
Green Mountain Energy	Pollution Free e-Plus	17.4¢/kWh
TXU	Clear Deal 12	13.9¢/kWh
4Change Energy	Maxx Saver Select 12	11.1¢/kWh
Gexa	Gexa Eco Saver Lite 12	19.1¢/kWh
Express Energy	Flash 24	11.3¢/kWh
Veteran Energy	Veteran Energy Valor 36	12.8¢/kWh
Reliant	Reliant Power On 12	19.9¢/kWh
Payless Power	Rate Lock 12	18.3¢/kWh

Rates Updated March 10, 2024
For a more detailed realtime rate comparison enter your zip code at the top of the page. Our rate comparison tool lets you see all providers and rates. You can filter by term length, usage level, green energy plans, no deposit plans and get you them most up to date pricing. The rates listed above are for the 1,000 kWh usage level. More Information on any of these plans >>>

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Sources of Electricity in The Colony

The Colony electric companies get their electricity primarily from three main types of power; fossil fuels, nuclear, and renewable power.

Fossil Fuels

Coal – Coal was once the primary source of electricity in Texas. Today regulations, environmental concerns, and the dropping prices of other sources of power have led to a multiyear decline in coal as a source of electricity in The Colony and the rest of Texas.

Natural Gas – Natural gas is the preferred fuel for power plants that feed the Texas grid and provide power to The Colony. Advances in fracking technology has led to an abundance of natural gas. Natural gas is also a favorite source for electricity because it is easy to ramp up production at a power plant that uses natural gas. This enables grid operators to quickly balance available electricity supply and demand on the grid.

Renewable Power

Wind Energy – Wind power is the main source of renewable power in Texas. The majority of the state’s wind turbines are in west Texas.

Solar – Solar power is a fast growing source of renewable energy across Texas and specifically in The Colony.

Nuclear Power – Nuclear power accounts for less than 5% of the electricity capacity for the state of Texas.

Getting Started with New Electricity Service in The Colony

You need to have some information readily available for your enrollment. You will need to make sure you have the full address where you are getting service. In Texas, electric companies use something called an ESID to uniquely identify each service addresses. The electricity company can almost always get this number by looking it up from the address you give them. If they can’t find it, they may ask you for this information. You should be able to find it on the last electric bill for your address.

You will be asked for a date when you want service to begin. This would be the date you move in or the date you need the lights turned on. If you are switching providers, select a date that aligns with the end of your current contract if you are under one. If you aren’t under a contract, then just pick whatever date works for you. The sooner the better if you are going to be saving money with your new plan. Holidays and weekends may affect the dates that are available for service turn on.

You will also need to provide information that the company will use to run a credit check. This will include either your driver’s license number or social security number. Sometimes they will ask for a current of even a previous address.

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Are You Thinking of Moving to The Colony?

Nicknamed “The City by the Lake,” The Colony, Texas is an interesting place with an interesting name. It is named after the Peters Colony, which was four original empresario contracts that were issued by the Republic of Texas in 1841. The whole Peters Colony territory is inclusive of 26 total counties in Texas; that is a giant swath of land!

The city itself is home to the headquarters of Pizza Inn. The economy has been recently bolstered by the addition of the Nebraska Furniture Mart which employers a lot of people in the city. On 2012, the $1.5 billion complex was opened for operation on right alongside Highway 121. And on a different note, but another point of pride for those who live in the city is the Five Star Sports Complex: in 2003 it was opened and has many baseball fields, soccer fields, football and softball fields. It spans 80 acres in total.

The recent population of the city was close to 42,300 people. On the map it is close to the city of Carrollton (7 miles), Plano (9 miles), and Dallas (21 miles). The cost of living in the city is cheaper than the national average, and the household median income is way above average, so living in The Colony is a very cost-effective undertaking.

Energy Company Jobs

The Colony is in a unique position for someone looking for a job in the energy industry. The nearby area is filled with energy companies of all sizes and niches, thanks to the introduction of fracking to the Barnett Shale. In addition to the companies associated with the natural gas drilling, there are many solar panel installation companies that are expanding to the area.

Axium Solar has really made strong headway in the local solar electricity community over the last several years. They provide solar energy systems for both residential and commercial applications. No job is too small for Axium, nor too large. In fact they designed and implemented very sizeable energy systems for businesses in the area.

New Sun Energies is now installing panels in a multitude of states, and they have several offices in Texas. They design and install solar energy systems for residential, commercial, industrial and municipal customers. New Sun is actively looking to increase it’s service area, so always looking to develop new sales and installation teams.

Longhorn Solar has been installing solar panels in North Texas for ten years, which a long time in the solar electricity sector. Having installed over 1,700 solar systems for Texas families and business owners, they have definitely done their part to help lower our dependence on grid electricity.

Kosmos Energy has repeatedly made the Dallas Morning News’ list of the Top 100 Places to Work. They are a worldwide energy exploration company. Because their headquarters are here, they offer quite a few employment opportunities.

The Colony Utility Company

TXU/Oncor Contact Information:
For power outages in The Colony Texas, please call Oncor at 1-888-313-4747. To have underground lines located prior to digging in The Colony Texas, call 1-800-344-8377. To view The Colony Texas outage maps, click here.

Smart Meter Information:
For information on the smart meter program in The Colony Texas, click here.