Established in 1997, Just Energy (NYSE:JE, TSX:JE) is a retail energy provider specializing in electricity and natural gas commodities, energy efficiency solutions, and renewable energy options. With offices located across the United States, Canada, the United Kingdom, and Germany, they serve approximately 1.5 million residential and commercial customers providing homes and businesses with a broad range of energy solutions that deliver comfort, convenience and control. Just Energy Group Inc. is the parent company of Amigo Energy, Commerce Energy, Green Star Energy, Hudson Energy, Just Energy Solar, Tara Energy and TerraPass.
Pennywise Power offers competitive, no-frills prices on basic electricity service for Texas customers. Their customers receive great prices and dependable service from a company that knows that those are the basics that matter the most. If you like good electricity rates and maintaining an excellent quality of service, then Pennywise Power is the company for you.
You’re popular. Use that to your advantage. When you sign up with Bounce Energy, you get a unique referral code when you login to your MyAccount. Share your code over email, put it on Facebook, take out a billboard. For every person who signs up with your code, you’ll get a $50 bill credit. No limits. And your buddies who sign up get a $50 bill credit, too. Being friendly saves!
Payless Power has been giving Texas electricity customers access to reliable and affordable electricity since 2005. As a Texas based, family-owned company, Payless Power specializes in prepaid electricity plans which they call SmarTricity. They go the extra mile to help Texas families obtain cheap electricity and to provide flexible payment options without having to pay a deposit or sign a long-term contract.
You betcha! Most Texas electricity suppliers offer plans that include a percentage of energy sourced from renewable resources, such as hydro power, wind power and solar power. Some are totally sourced that way. These plans are a great way for Texas energy customers to help the environment without breaking the bank. In addition to green energy plans, many Texas suppliers give customers the option to purchase renewable energy certificates, or RECs, that further offset customers’ carbon emissions. The purchase of RECs also helps fund research and usage of renewable energy sources, so that Texas can stay at the forefront of eco-friendly power technology.
In this free market competing electricity retailers buy electricity wholesale from private power generators to sell at retail to around 85% of Texas residents. The partnership between generators and retailers is governed by the Electric Reliability Council of Texas, or ERCOT, which attempts to balance the power grid’s electricity supply and demand by purchasing small amounts of electricity at 15-minute intervals throughout the day.
Through its family of companies, XOOM Energy offers products and plans not available from the local utility. This allows customers to compare basic electricity and renewable energy plans and choose your best option. Serving consumers in more markets than any other energy supplier makes XOOM Energy one of the largest energy retailers in North America.
After Senate Bill 7 went into effect in January 2002, nearly 6 million power customers became eligible to choose their energy supplier. That number has grown through the years. By deregulating the state’s energy market, the Texas Senate gave constituents the power to choose. The process of energy deregulation in Texas dismantled the utilities’ monopoly over the electric market and encouraged customers to explore their energy options.
TriEagle Energy is a Texas-based energy company with deep Texas roots. Founded in 2002, TriEagle Energy was acquired by Crius Energy in 2015 making it part of one of the largest, most diverse retail energy providers of electricity in North America. By leveraging it’s well-known commercial electricity services, TriEagle’s residential electricity plans provide customers with low fixed rate electricity rates, simple electricity plan options, and friendly customer service.
Most Texans can shop for the retail electric provider (REP) that accommodates their needs and wants. Since deregulation, the energy market in Texas has become more competitive, giving customers the option of taking advantage of competitive rates. While the utility companies you may have become accustomed to will handle the transmission and distribution of your electricity, you can switch REPs freely if you live in a deregulated zone. If you take the time to compare Texas energy providers, shop carefully and keep a handle on usage, you may be able find a plan that works for you.
As they’re advertised, the Digital Discount plan appears to save you $4 — but only if you use 32 percent of your energy on the weekends, which is the stat Reliant used to create the average price it advertises. Say you often travel for business during the week, and are only home cranking the air conditioner on weekends. If your energy use skews to 55 percent weekend use (for Reliant, that means 8 pm on Friday through 12 am Monday), suddenly Truly Free Weekends becomes a much better deal.
First Choice Power has been certified as a retail electricity provider in Texas since 2001. Offering many types of plans, First Choice Power also makes a point of supporting the communities it is a part of. Across Texas, First Choice Power invests in hunger relief programs and offers grants to local organizations making a difference in their communities.
For example, shoppers for Texas electricity plans in the 77494 ZIP code in Katy, TX, could find 12-month plans for 6.8 cents/kWh in February; by June, electricity rates had increased 27 percent to 9.3 cents/kWh. As of early September, 12-month plans were up again, to 9.9 cents/kWh – a 6.5 percent hike from June and a 46 percent increase just since February.