Electricity Rates in Collinsville, TX
Collinsville, TX is in a deregulated electricity market with 2 providers available. The average residential rate is 15.0¢/kWh, 15.4% above the Texas average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Collinsville
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Denton County Elec Coop, Inc | 14.0¢/kWh | 14.0¢/kWh | Cooperative |
| Grayson-Collin Elec Coop, Inc | 16.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Collinsville
At 15.0¢/kWh, a typical Collinsville household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Collinsville
Charging an electric vehicle at home in Collinsville costs approximately $135.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Texas
Frequently Asked Questions
What is the average electricity rate in Collinsville, TX?
The average residential electricity rate in Collinsville, TX is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Collinsville?
Collinsville is served by 2 electricity providers. Denton County Elec Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Collinsville electricity rates compare to the rest of Texas?
Collinsville's average rate of 15.0¢/kWh is 15.4% above the Texas state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.