Price Predictability Score: 5/5
About MP2 Energy
MP2 is a subsidiary of Shell Energy North America that operates as an electric company in Texas. The name Shell should be familiar to drivers. They are a well know brand of gas station.
MP2 represents their attempt to bridge the gap between the old world of traditional gasoline driven transportation and the electric vehicle revelation.
Plan Name: Solar Buyback 60
Company: MP2 Energy
Term Length: 60 Months
Plan Type: Fixed Rate, Solar Buyback
Energy Source: 100% Renewable
500 kWh Rate:19.0¢
1000 kWh Rate: 17.7¢
2000 kWh Rate: 17.5¢
Rate Breakdown
Energy Charge: 15.2¢
Base Charge: $0.00 per Month
TDU Meter Fee (Oncor): $3.42
TDU per kWh Fee (Oncor): 3.9416¢
Additional Charges and Fees
Late Payment Fee: 5% of late amount
Insufficient Funds: $30
Disconnection Fee: $25
Reconnect Fee: $25
Out-of-cycle Meter Switch Fee: $25
Cancelation Fee:$149
This plan is eligible for MP2’s solar energy buy back program. Customers who own solar panels can qualify for net metering.
If your solar panels are generating more electricity than you need, you can sell your unused electricity to the grid in real time and receive a bill credit based on the prevailing real time electricity market when the power is sold back to the grid.
The rates on this page represent pricing for the Oncor TDU area which serves Dallas, Fort Worth and the DFW metroplex as well as much of North Texas. They are not updated in real-time. To view current Texas electricity rates, enter your zip code at the top of the page to view real-time results for your delivery area. Texas electric companies update their plans and rates often. Always make sure to review the Electricity Facts Label for any plan before enrolling.
Price Predictability Score
The Price Predictability Score of the Solar Buyback 60 plan is a 5 out of 5. This a measure of how predictable your electricity bill will be under this plan. 5 is the highest score and means that the advertised rate is very close to what you can expect in the real world. A score of 1 is the lowest. Plans with a 1 are highly unpredictable and your electricity rate and bill amount can be wildly different from one month to the next.
Other MP2 Energy Plans
- Power Choice 5 ePlan
- Power Choice 12 ePlan
- Power Choice 24 ePlan
- Power Choice 36 ePlan
- MP2 Energy Solar Buyback 24
- MP2 Energy Solar Buyback 60