Best Texas electricity companies of 2024

Written by Jason Thomas |

Jason Thomas, a proud Texan born and raised, is Co-Founder and Partner at Vault Energy Solutions, LLC. His expertise in the Texas energy industry has been recognized by the Public Utility Commission of Texas, and he has been quoted in the Houston Chronicle on the topic of surging electricity prices in the state.

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At Vault Electricity, we strive to help you pay as little as possible for your electricity. While we adhere to strict editorial integrity, this post may contain references to products from our partners. This content is powered by Vault Energy Solutions, LLC (PUCT Registration Number BR190328). For more information, please see our Broker Disclosure.

Compare top Texas electricity companies

Texas is known for its Power to Choose energy market, with average electricity rates sitting at 11.3 cents per kilowatt-hour. However, costs can fluctuate depending on your household’s usage, your chosen plan, and the provider you select.

At Vault Electricity, we understand that Texans are always on the hunt for the best electric companies offering value-packed plans, so we’ve made this a central focus of our extensive research. However, we’ve made sure not to compromise on quality — the electric companies highlighted below not only offer competitive rates but also excel in areas such as customer service, user-friendly online tools, renewable energy options, and additional benefits. Let us help you navigate the vibrant Texas electricity market with ease and confidence.

Whether you’re a resident of Houston, Dallas, Fort Worth, Arlington, Corpus Christi,Plano, or any other deregulated energy markets here in Texas, Vault Electricity will help you find the best electric company and the cheapest electricity rates.

Best Texas energy companies

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Best overall: TXU Energy

txu energy logo

Vault Score: 4.9/5.0
Complaint Level: Very Low

Why We Picked It
TXU Energy leads the pack with a Vault Score of 4.9. Their strong commitment to renewable energy, competitive pricing, and exceptional customer service make them our top pick.

Pros & Cons
Pros: High scores in renewable energy and terms of service, and an excellent community impact score.
Cons: Although strong in most categories, there is room for improvement in price predictability.

TXU Energy is a retail electricity provider based in Irving, Texas. It was founded in 2002 and primarily serves residential and business customers in deregulated regions of Texas. TXU Energy is one of the largest retail electricity providers in Texas and is a subsidiary of Vistra Corp, a public company that began trading on the New York Stock Exchange in 2017. The company has about 1,000 employees and has a long history with roots tracing back to Dallas Electric Lighting Company, an indirect TXU Energy predecessor, which began providing electric light service to Dallas in 1882. TXU Energy participates in a variety of community initiatives and environmental conservation efforts in Texas, such as the TXU Energy Aid program and a tree-planting initiative with the Texas Trees Foundation. It has also donated over $1 million to the Houston Zoo.

TXU Energy Review

Best for Consumer-Friendly Terms of Service: Champion Energy

Vault Score: 4.7/5.0

Complaint Level: Very Low

Why We Picked It
Champion Energy Services is highly rated, boasting a strong Vault Score of 4.7. They consistently perform well in all areas, but they particularly excel in providing quality service and positively impacting the community. We conducted a study of the terms of service of 51 different energy companies located in Texas. Standard fees, such as a 5% late fee, are almost universally charged by these companies. However, some companies impose additional, less common fees, like a hefty $25 charge to retrieve your billing history. In this context, Champion Energy Services truly sets itself apart with almost no extra fees. This is impressive compared to some companies which list up to 16 different fees in their terms of service. Champion’s terms of service truly represent a commitment to their customers, setting them apart as a leading energy service provider.

Pros & Cons
Pros: High community impact score and excellent terms of service.
Cons: Slightly lower score in price predictability.

Champion Energy Services, LLC, is a retail electricity provider based in Houston, Texas, and was founded in 2005. It serves not only Texas but also Pennsylvania, Ohio, Illinois, New Jersey, New York, Delaware, Maryland, and Washington, D.C. Champion Energy is a subsidiary of Calpine and serves around 2,000,000 residential customer equivalents, with a peak load of near 4,500 megawatts. The company offers a variety of retail plans, from fixed price plans to more complex options for commercial customers. Champion Energy has been recognized for its high customer satisfaction according to the J.D. Power and Associates Texas Residential Retail Electric Provider Customer Satisfaction Studies from 2010-2013 and 2015-2016.

Champion Energy Review

Best for Green Energy: Gexa Energy

Gexa Energy Logo

Vault Score: 4.6/5.0

Complaint Level: Above Average

Why We Picked It
With a Vault Score of 4.6, Gexa Energy demonstrates a strong dedication to renewable energy, making them the best choice for environmentally-conscious consumers. Their home electricity plans are entirely eco-friendly. Alongside this, they offer a smart service for charging electric vehicles and a rooftop solar program. All these features are seamlessly linked to your Gexa mobile application. This makes it easy for you to save money, cut down your energy use, and play your part in building a greener, more sustainable future.

Pros & Cons
Pros: Excellent scores in renewable energy and terms of service.
Cons: Lower score in community impact and complaint score.

Gexa Energy is a Houston-based retail electricity provider serving all deregulated markets in Texas, including major areas like Houston, Dallas, and Fort Worth. Approved as a retail electric provider in 2001, Gexa is a subsidiary of NextEra Energy Resources, itself a subsidiary of NextEra Energy, Inc. The company is committed to sustainability, offering 100% renewable energy residential plans since 2019. They also provide green investment plans, including a rooftop solar program and plans for electric vehicle owners. Gexa contributes to community service through employee and customer donations and provides comprehensive customer support, including 24/7 account access via their mobile app and online portal where you can easily pay your electric bill.

Gexa Energy Review

Best for Price Predictability: TriEagle Energy

TriEagle Energy Logo

Vault Score: 4.5/5.0

Complaint Level: Average

Why We Picked It
TriEagle Energy, rated 4.5 out of 5 by Vault, excels in various aspects, especially renewable energy and service terms. To help you gauge how stable your electricity bill might be, we assessed 45 energy companies and devised a Price Predictability Score. This 5-point scale rates predictability, with 1 signaling high fluctuation and 5 indicating a very stable bill. TriEagle shines with a perfect score of 5, marking it as an exceptionally dependable choice.

Pros & Cons
Pros: Strong renewable energy commitment and fair terms of service.
Cons: Lower scores in complaint score and community impact.

TriEagle Energy is a Texas-based retail power marketer serving numerous regions across Texas, Pennsylvania, New Jersey, New Hampshire, and Maine. Key service areas in Texas include major cities like Houston, Dallas, Austin, Fort Worth, and counties such as Harris and Dallas. The company has over 131,000 electricity customers. TriEagle Energy was initially owned by Crius Energy but was later acquired by Vistra Energy. The company’s known addresses are in Dallas, The Woodlands, and possibly Irving in Texas.

TriEagle Energy Review

Best for No Deposit Electricity: Payless Power

Payless Power Logo

Vault Score: 4.3/5.0

Complaint Level: Well Above Average

Why We Picked It
Payless Power shines with a Vault Score of 4.3. Their high terms of service score and notable community impact make them a reputable choice. With Payless Power, you are instantly approved for electricity and can get your electricity turned on the same day.

Pros & Cons
Pros: High terms of service score and good community impact.
Cons: Lower score in complaint score.

Payless Power is a Texas-based energy company founded in 2005 by Brandon, Byron, and Brian Young, with Brandon Young serving as the CEO since 2009. The company is a subsidiary of Young Energy, LLC and operates across more than 400 communities in Texas, with headquarters in Fort Worth. They specialize in providing affordable, reliable electricity to underserved customers, particularly those with little or no credit history. They offer flexible prepaid and traditional electric plans, with transparent pricing and a focus on excellent customer service.

Payless Power Review

Best for Community Impact: 4Change Energy

4Change Energy Logo

Vault Score: 4.1/5.0

Complaint Level: Above Average

Why We Picked It
With a Vault Score of 4.1, 4Change Energy shows a strong dedication to community impact while maintaining fair terms of service.

Pros & Cons
Pros: Good community impact and decent terms of service.
Cons: Lower score in renewable energy and complaint score.

4Change Energy is a Dallas-based retail electricity provider serving deregulated areas of Texas. Known for low rates and various plan options, the company offers fixed-rate, variable-rate, and green energy plans, with some including free energy usage periods and energy bill credits. It is owned by the same parent company as TXU Energy. 4Change Energy is notable for its charitable initiatives, donating 4% of its annual profits to Texas charities and making a charitable contribution each time a customer signs up. They also offer a referral program and a 30-day happiness guarantee. The company has received multiple recognitions for customer satisfaction.

4Change Energy Review

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Express Energy

Express Energy Logo

Vault Score: 4.1/5.0

Complaint Level: Above Average

Why We Picked It
Express Energy, holding a Vault Score of 4.1, offers a good balance across all categories, particularly excelling in terms of service.

Pros & Cons
Pros: Good terms of service and community impact.
Cons: Lower score in renewable energy and complaint score.

Express Energy is a Houston-based electricity provider that serves residential customers in several major areas across Texas, including Dallas, Waco, Fort Worth, Houston, and more. The company offers different plans with varying term lengths and rates, including the Flash 24 and Flash 12 plans. Both of these are fixed-rate plans with the option to upgrade to 100% wind power. Depending on your credit score, a deposit may or may not be required when signing up. If you need customer assistance, Express Energy provides several contact methods, including phone and email. As of the most recent online reviews, the company has a high customer rating of 4.7 out of 5 stars. Express Energy is owned by Value Based Brands LLC, a company with known addresses in Dallas and Irving, Texas.

Express Energy Review

Frontier Utilities

Frontier Utilities Logo

Vault Score: 4.1/5.0

Complaint Level: Above Average

Why We Picked It
Frontier Utilities presents a Vault Score of 4.1, showing balanced scores across all categories.

Pros & Cons
Pros: Fair scores in all categories.
Cons: Above average number of complaints given to the Public Utilities Commission.

Frontier Utilities, a Texas-based energy company, is owned by Quintana Infrastructure & Development and serves several states including Texas, Pennsylvania, Illinois, Ohio, and New Jersey. In Texas, its service area includes major cities like Houston, Dallas, Austin, Fort Worth, and counties such as Harris, Dallas, Tarrant, Bexar, and Travis. The company’s headquarters is located in Houston.

Frontier Utilities Review

Veteran Energy

Veteran Energy Logo

Vault Score: 4.1/5.0

Complaint Level: Above Average

Why We Picked It
With a Vault Score of 4.1, Veteran Energy shines in renewable energy and community impact.

Pros & Cons
Pros: Strong renewable energy program.
Cons: Lower score in consumer-friendly terms of service.

Veteran Energy is a Dallas-based retail power marketer serving all of Texas, including 196 counties and major cities such as Houston and Dallas. The company is owned by Value Based Brands LLC. It sources all its electricity from renewable sources and is ranked 108th out of 3509 U.S. suppliers for renewable energy output. It also contributes a portion of its profits to veteran support organizations.

Veteran Energy Review

Pulse Power

Pulse Power Logo

Vault Score: 3.9/5.0

Complaint Level: Well Above Average

Why We Picked It
Pulse Power holds a Vault Score of 3.9. Their highest scoring in terms of service makes them a contender in the energy market.

Pros & Cons
Pros: High terms of service score.
Cons: Lower score in renewable energy, complaint score, and community impact.

Pulse Power is a Texas Electricity Retail Provider offering services across deregulated markets in Texas. The company, headquartered in The Woodlands, Texas, is a subsidiary of MP2 Energy LLC, which is owned by Shell Energy North America. Customer reviews of Pulse Power are generally positive with a rating of 3.5 out of 5, praising its competitive pricing and good customer service. However, some customers have reported issues such as rate increases from the initially promised rate. Prospective customers should carefully review the company’s plans and consider customer feedback when making a decision.

Pulse Power Review

BKV Energy

BKV Energy Logo

Vault Score: 3.5/5.0

Complaint Level: NA

Why We Picked It
Despite having the lowest Vault Score of 3.5, BKV Energy demonstrates a strong focus on price predictability.

Pros & Cons
Pros: Excellent price predictability.
Cons: BKV Energy is a new energy provider, so they have an absence of scores in terms of service, complaint score, and community impact.

BKV Energy is a Texas-based energy company focused on producing sustainable and low-impact natural gas. Its parent company is BKV Corporation. They serve all deregulated areas of Texas, including Dallas-Fort Worth, Houston, Corpus Christi, and the Rio Grande Valley. Headquartered in Denver, Colorado, with an additional location in Texas, BKV Energy is committed to adopting a net-zero carbon emissions goal, making it a competitive option for consumers seeking an environmentally-friendly energy provider.

BKV Energy Review

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How Vault picked the best Texas electricity companies

The Vault Score is a rating system developed by Vault Electricity to offer a clear, easy-to-understand summary of how different energy companies perform across a variety of key criteria. The score provides a snapshot of the company’s commitment to renewable energy, price predictability, quality of terms of service, Public Utility Commission (PUC) score, and community impact.

We first evaluate each company on these five criteria, assigning a score between 1 to 5 for each category. The maximum a company can achieve in each category is 5, thus the total maximum score a company can earn is 25.

To create a more user-friendly scoring system, we then convert these total scores onto a scale of 1 to 5 (with 5 being the best). Because all companies provide the same quality of electricity, we adjust this scale to have a minimum Vault Score of 3.5. This means that even companies with lower total scores still receive a minimum of 3.5 stars in our rating system.

The final Vault Score is calculated using a normalized transformation that maintains the relative differences between the original scores. This process ensures that higher performing companies still stand out, while every company receives a rating that reflects their efforts and performance in a positive light.

We believe the Vault Score provides a balanced, transparent, and easy-to-understand way for consumers to compare energy companies. We are committed to providing clear and comprehensive information to help you make the best decision for your energy needs.

Understanding Texas’s Power to Choose System

What’s a Texas Electricity Company?

In Texas, electricity supply involves three kinds of companies. The one you probably deal with most is the “Retail Electricity Provider” (or REP). They provide you with electricity plans, take care of your bill, and answer any questions you might have. There are two more unseen companies: the generators and the TDSPs, which make sure electricity safely and reliably reaches your home.

Electricity Generators in Texas

These guys are the builders and keepers of the power plants that supply electricity to the Texas grid. This power is then sold to the Retail Electricity Providers.

Transmission/Distribution Service Providers (TDSP)

A TDSP takes care of all the physical stuff, like meters, wires, poles, and cables that bring power from the generators to your home. They also read your meter and pass this info to your Retail Electricity Provider (REP).

Retail Electricity Providers (REP)

Retail Electricity Providers are your go-to for customer service, billing, and payments. They come up with different brands, plans, and products to suit your personal needs. They buy electricity from the generators and ensure that your bill reflects your exact electricity usage.

Who is ERCOT?

ERCOT, which stands for the Electric Reliability Council of Texas, is an organization that manages the electric grid and distributes electricity to more than 26 million Texas customers, which represents about 90% of the state’s electric load.

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How to get the best electricity rate

As a Texan, finding the best energy rates and plans can seem like a daunting task. The Lone Star State’s deregulated energy market offers a wealth of options, and while that’s a major plus, it can also make the process a little overwhelming. However, with Vault Electricity on your side and a clear strategy in hand, you can navigate the electricity service scene like a pro. Let’s dive into the process:

Step 1: Prioritize

The first step in securing your ideal electricity rate and plan involves establishing your priorities. Are you after the lowest price per kilowatt-hour (kWh), a renewable energy plan, or a plan with no early termination fees? Here are some aspects you might consider:

  • Price: If the lowest price per kWh is your top priority, you’ll want to find a plan that offers the best rates.
  • Credit Score: If you have a low credit score, then you’ll want to find a provider who can offer a no-deposit plan.
  • Contract Length: Are you looking for a long-term commitment with stable prices, or do you prefer a short-term or month-to-month plan with more flexibility?
  • Green Energy: If sustainability is crucial to you, you might prefer an electricity plan sourced from renewable energy.
  • Add-Ons: Some providers offer additional benefits, such as rewards programs or energy-saving solutions.

Step 2: Research

The next step is to conduct thorough research. Understanding the market and the options available to you is vital. Here’s what you need to know:

  • Your Energy Usage: Knowing your energy consumption patterns can help you identify the right plan. Whether you’re a low, average, or high energy user impacts which rate will be the most cost-effective for you.
  • Provider Reputation: Check their Vault Score for a complete evaluation of their service.
  • Understanding the Electricity Facts Label (EFL): The EFL provides crucial information about the electricity plan, including price, contract term length, renewable energy percentage, and other essential details.

Step 3: Compare

The final step is to compare different plans and providers based on your priorities and research. Consider the following points:

  • Rate Comparison: Compare electricity rates between different plans and providers. Be sure to consider all factors, including price per kWh, base charge, and any other fees.
  • Plan Comparison: Evaluate different plan types, such as fixed-rate, variable-rate, and indexed-rate plans.

Benefits Comparison: Look at any additional benefits offered by each plan, such as customer service, online tools, rewards programs, and more.

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FAQs about Texas electricity companies

All Texas Electric Companies

Company NamePUC #Complaint
Score (5 is best)
Phone Number
4Change10041⭐️⭐️855 550-6662
Acacia Energy10137⭐️866-302-3233
Almika Solar 10278⭐️⭐️⭐️⭐️888-481-1782
Ambit Energy10117⭐️⭐️⭐️877-282-6248
Amigo Energy10081⭐️888-331-8871
Ampra Energy10278⭐️⭐️⭐️⭐️888-678-7866
Arrow Energy10303⭐️⭐️⭐️866-662-7769
BKV Energy10323⭐️855-258-4797
Branch Energy10290⭐️⭐️⭐️⭐️⭐️833-502-2685
Brooklet Energy10137⭐️855 447-2946
Champion Energy10098⭐️⭐️⭐️⭐️⭐️844 694-2343
Chariot Energy 10260⭐️⭐️⭐️⭐️⭐️855 524-2746
Cirro Energy10177⭐️⭐️⭐️⭐️800 692-4776
Cleansky Energy 10268⭐️888-355-6205
Clearview Energy10129800 746-4702
Constellation Newenergy10014⭐️⭐️⭐️⭐️888-900-7052
Declaration Energy10281⭐️713-320-8008
Direct Energy 10040⭐️⭐️⭐️⭐️⭐️855 307-6922
Discount Power10177⭐️⭐️⭐️877-677-4355
Eligo Energy10246888-576-9473
Energy To Go 10259⭐️888 853-5202
Express Energy 10041⭐️⭐️833 913-3445
First Choice Power 10008⭐️888 980-6898
Frontier Utilities 10169⭐️877 391-1587
Fulcrum Energy10081⭐️⭐️⭐️866-587-8674
Gexa Energy10027⭐️⭐️⭐️855 639-8259
Green Mountain Energy Company10009⭐️⭐️⭐️⭐️844 634-6092
Hello Energy 10098⭐️⭐️⭐️⭐️844 856-9383
Heritage Power10251888 551-0373
Hudson Energy Services Llc 10092866-466-3870
Infuse Energy10223⭐️⭐️⭐️⭐️⭐️844-463-8732
Iron Horse Power10289⭐️⭐️⭐️866-316-1549
Just Energy 10052⭐️⭐️⭐️877-282-6248
Liberty Power 10118866–769–3799
Lone Star Energy 10259⭐️⭐️888-853-2882
MP2 Energy Texas10174⭐️⭐️⭐️⭐️⭐️877 238-5343
Nec Co-Op Energy 10166⭐️⭐️⭐️⭐️⭐️855-632-7348
New Power Texas 10259⭐️⭐️888-853-5747
Now Power 10137⭐️844-669-7697
Octopus Energy 10262⭐️⭐️⭐️⭐️⭐️833-628-6888
Ohmconnect Energy 10280⭐️844 646-2664
Our Energy 10170281 552-8390
Payless Power 10110⭐️⭐️855 564-1181
Penstar Power 10087800 687-5700
Peso Power 10278⭐️⭐️⭐️⭐️888 688-1363
Pogo Energy 10228⭐️888 764-6669
Powerhouse Energy830-947-9518
Powernext 10259⭐️⭐️888-853-5141
Pronto Power  10205⭐️⭐️⭐️⭐️844-621-2852
Pulse Power Llc 10259⭐️833-785-7797
Ranchero Power 10264⭐️⭐️⭐️888-204-3202
Reliant10007⭐️⭐️⭐️⭐️⭐️855 632-7028
Rhythm Energy 10279⭐️⭐️⭐️833-774-9846
Rio Power & Light 10126
SFE Energy Texas Inc 10249888-351-2169 
Southern Federal Power10264⭐️844-644-0474
Southwest Power & Light 10126⭐️866-941-7976
Spark Energy10046⭐️⭐️877-547-7275
Stream Energy 10104⭐️888-685-7693
Summer Energy10205⭐️⭐️⭐️⭐️888-594-9299
Tara Energy10051⭐️⭐️⭐️844-466-3808
Texans Energy 10141855-508-3926
Texpo Energy 10126⭐️877-839-7657
Think Energy10204⭐️⭐️888-923-3633
Titan Gas & Power10268⭐️⭐️⭐️346-327-3128
Tomorrow Energy10270⭐️888-682-8082
TriEagle Energy10064⭐️⭐️⭐️877 933-2453
True Power 10287⭐️888-642-8783
TXU Energy 10004⭐️⭐️⭐️⭐️877 283-0650
V247 Power Corporation 10210855-888-9888
Value Power10293⭐️⭐️⭐️888-699-0747
Varsity Energy10271⭐️⭐️⭐️⭐️877 827-7389
Veteran Energy 10041⭐️⭐️888-367-7470
Vital Power 10137844-227-2649
Volt Electricity Provider Lp 10226281-369-5900
Windrose Energy 10254⭐️⭐️⭐️⭐️⭐️281-845-2978
Xoom Energy Texas Llc 10203888-997-8979
Young Energy10110⭐️⭐️813-657-9340
The list above contains every electric company in Texas that acts as a Retail Electricity Provider in deregulated parts of the state. A score of 5 stars is the best.

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