Best Electric Companies in Texas
Electricity is an essential service and part of daily living. In the past, consumers had no choice in providers and simply connected to the power grid through the existing, local electric company.
However, in Texas, energy was deregulated in 2002, meaning that consumers are now able to choose from several electricity companies that will provide electricity to their home or place of business. Texas electricity companies allow Texans to opt for a provider with whom they align philosophically and with the best deal for them financially.
Compare Reviews for Top Texas Electricity Companies
Read 1234 Reviews
One of North America's largest providers of electricity, natural gas and other home services for residents and businesses throughout the U.S. and parts of Canada. In Texas, their 4 plans start at 11.7 cents per kWh for 36 months.
Read 61 Reviews
Offers electricity to residents and businesses throughout 3 states. In Texas, their 9 plans begin at 9.4 cents per kWh for 36 months.
Read 497 Reviews
Offers electricity to residents and businesses throughout several Texas cities, including Dallas, Houston, Corpus Crist, Fort Worth and Arlington. Their 5 plans begin at 12.8 cents per kWh for 60 months.
|Champion Energy Services|
Read 295 Reviews
Offers electricity to residents and businesses throughout several Texas cities including Fort Worth, Dallas, Austin, Houston and Abilene. Their 3 plans start at 10.2 cents per kWh for 12 months.
|Spark Energy Gas and Electricity|
Read 634 Reviews
Offers electricity and gas to residents and businesses throughout 19 states, including Texas. With over 11 plans to choose from, pricing starts at 13.9 cents per kWh for 18 months.
Read 223 Reviews
Offers electricity and home protection plans to residents and businesses throughout Texas. With over 10 plans available, pricing starts at 10.9 per kWh for 12 months.
Read 189 Reviews
Offers electricity and other services to residents and businesses throughout Texas, including Houston, Corpus Cristi and Dallas. Choose from 9 plans starting at 11.5 per kWh on a month-to-month contract-free basis.
|Green Mountain Energy|
Read 37 Reviews
Offers electricity to residents and businesses throughout 9 states. With over 10 plans in Texas, pricing starts at 10.6 cents per kWh for 36 months.
Read 24 Reviews
Offers electricity to residents and businesses across the country. With over 4 plans in Texas, pricing starts at 10.9 cents per kWh for 24 months.
|WTU Retail Energy|
Read 10 Reviews
Offers electricity and other services to residents and businesses throughout West Texas. With 3 plans available, their pricing begins at 11.2 cents per kWh for 24 months.
Considerations when choosing a Texas electricity company
Many Texas electricity companies have been around for decades, and each has a reputation that precedes it. Customers may want to take into account a company’s history and how they have handled providing electricity in the past.
- Legacy providers: The oldest Texas electricity companies, called legacy companies, have been around the longest, and they have provided electricity in the state since long before energy was deregulated.
- New electricity companies: Many electric companies came about after energy was deregulated, and most offer the same quality of service as the older providers in the state.
One of the most important features of an electric company is the type of electricity plan offered to consumers. This is often the most important deciding factor for customers choosing a provider.
- Fixed rate plans: Some electricity companies charge consumers a flat rate for electricity throughout the entirety of their electricity plan.
- Variable rate plans: Variable rate plans charge consumers a different rate from month to month, and these plans often lack contracts and allow consumers to take advantage of changes in the market.
- Green plans: Green electricity plans in Texas allow consumers to choose electricity generated from eco-friendly sources, like solar power.
There’s no doubt that electricity uses up some of the Earth’s natural resources. However, some energy companies in Texas are more eco-friendly than others, using different sources of power and dispersing different amounts of emissions into the environment.
- Green companies: Electricity providers focused on eco-friendly power often generate electricity from sources other than natural gas, such as solar power, hydroelectric power (water) and wind.
- Traditional electric companies: Traditional electric companies in Texas generate electricity from more traditional sources that are not renewable, such as coal or natural gas.
Many electricity companies in Texas require consumers to sign a contract. The terms of this contract spell out how long a customer must stay with the company and how much they will pay, among other specifications.
- Non-contract companies: Some of Texas’ electricity providers do not make consumers sign a contract, and they provide power on a month-to-month basis.
- Minimum terms: Texas electricity companies with minimum terms require residents to commit to a certain amount of time buying energy from them, and these companies often charge a cancellation fee if service is ended before the contract expires.
Because there are many electricity companies in Texas, companies may attempt to win customers over by offering extra rewards. These can include many types of promotions for signing up or rewards for using the service.
- Rewards programs: In Texas, some electricity companies offer customers cash and gift rewards in exchange for using their service.
- Sign-up promotions: Some electric companies in Texas offer consumers incentives for signing up for service, including gift cards, donations to charity, or a promise of a lower bill.
- Additional services: Another extra incentive offered by many Texas electricity companies is the added bonus of extra helpful services, like a moving service that will help take care of ending electricity service when leaving and finding a new electricity provider in a new location.
Electricity in Texas can be paid for by cash, credit card or check, depending on the company. Customers can choose a company that accepts the payment type that is best for them.
- Bank account payments: Many Texas Electricity companies allow people to automatically debit the amount of their electricity each month from their bank account.
- Credit card payments: Some electric companies in Texas accept credit cards as a payment for electricity used.
- Cash payments: In Texas, some electric companies allow consumers to pay their electric bill directly with cash.
Types of Texas electricity companies
Legacy electricity companies
Legacy electricity companies in Texas have been around the longest. These companies often rely on the more traditional non-renewable sources of power to generate electricity, and they often have the reputation for being some of the most dependable companies in terms of providing power for residents.
Green electricity companies
Green electricity companies in Texas are more focused on eco-friendliness. They often provide electricity generated by more renewable sources of power, such as solar power, water and wind.
Texas electricity company customers
Residential customers are customers who live in a single-family or multi- family home and need electricity for themselves and the other people that occupy their home.
Small businesses employ fewer than 15 people, and they need electricity to power their offices and provide for small business needs.
Mid-size and big businesses
Mid-size and big businesses have different electricity needs than smaller companies, since they often employ a larger number of people and have more facility needs.
Expert reviews for Texas electricity companies
Champion Energy Services is a fast-growing electricity company that serves deregulated markets in the U.S. The company is Houston-based, but also serves consumers in Texas, Illinois, Pennsylvania, Ohio, New Jersey, Maryland and New York.
Spark Energy was founded in 1999 and provides customers with electricity across the United States. The company is one of the pioneers in the retail energy business.
Direct Energy is one of the state’s largest electricity providers. Founded in Toronto in 1986, Direct is an international company that also provides consumers - both residential and commercial - with other utilities, including natural gas.
TriEagle Energy provides energy in the deregulated states of Texas, Pennsylvania and New Jersey. They purchase power from natural gas, coal, nuclear and renewable sources like wind. Residents and businesses can opt to get power from 100 percent renewable sources when they sign up for a plan with TriEagle.
Reliant is a child company of the larger Fortune 500 company NRG. They provide businesses of all sizes as well as residential customers with electricity throughout the state of Texas.
Green Mountain Energy is an electricity company in Texas focused on eco-friendly energy. The company offers electricity via renewable energy sources such as solar, wind and geothermal power.
Cirro is an NRG company that provides electricity to Texans. The company has plans that cater to both residential consumers and businesses.
WTU Retail Energy is part of the Direct Energy family of companies, and it serves the western part of the state of Texas. WTU Retail Energy is a community-focused company.
CPL Retail Energy is part of the Direct Energy family of companies. The business is known for providing South Texas residences and businesses with electricity.
Austin Energy is one of the largest public power utilities in the country. It is a publicly owned utility service, and it is run by the City of Austin.
Just Energy is a national energy company that provides many Texans with Electricity.
Bounce Energy provides electricity to residents in three different U.S. states - Texas, Pennsylvania and New York. Bounce Energy is a company that gears their service towards residential customers.
Texas Energy is one of the most popular energy companies in the state. They offer more power to Texans than any other provider within the state.
Compare Reviews for Top Texas Electricity Companies
Read 12 Reviews
Offers electricity to residents throughout several Texas cities. There are 6 plans available, and pricing begins at 10.5 cents per kWh for a customizable time frame.
Offers electricity and other services to residents and businesses within the City of Austin, Travis County, and part of Williamson County. Their 5-tiered rate structure begins at 2.8 cents per kWh. Additional charges by season.
|CPL Retail Energy||Read Reviews|
Offers electricity and other home services to residents and businesses in cities throughout South Texas. With over 5 plans to choose from, pricing begins at 12.1 cents per kWh for 24 months.
Read 42 Reviews
Offers electricity to residents and businesses throughout Texas' deregulated service areas. Their Prepay and Weekly/Bi-weekly customers are served by Now Power, which offers 3 cents per kWh with a $30 account balance maintained.
Information in this guide is general in nature and is intended for informational purposes only; it is not legal, health, investment or tax advice. ConsumerAffairs.com makes no representation as to the accuracy of the information provided and assumes no liability for any damages or loss arising from its use.