Companion Energy Plans & Rates

NextEra Energy-backed electricity plans with reliable service
Updated
Companion Energy logo
11.8¢
Avg Rate
12 mo
Terms
4
Plans
6
Territories
75+Providers
5M+Shoppers
20+Years online
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Companion Energy Electricity Plans

Companion Energy currently offers 4 electricity plans across 6 Texas utility territories, with rates ranging from 11.4¢ to 12.4¢ per kWh at 1,000 kWh usage. The cheapest plan available is Companion + Perks 12 - 11.40¢ in the CenterPoint territory. Rates shown below are updated multiple times daily and include TDU delivery charges.

Companion Energy electricity plans and rates for the Oncor territory (Dallas–Fort Worth, Waco, Midland, Tyler), sorted by price at 1,000 kWh
Plan Rate at 500 kWh Rate at 1,000 kWh Rate at 2,000 kWh Action
Companion + Perks 12 - 12.20¢ Cheapest
12 mo · Fixed View EFL
12.6¢
500 kWh
12.2¢
1,000 kWh
12.0¢
2,000 kWh
Shop
Dallas–Fort Worth, Waco, Midland, Tyler · Rates at 1,000 kWh include delivery
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About Companion Energy

Companion Energy is a Texas retail electricity brand operated by Retail Energy Solutions LLC (formerly Frontier Utilities LLC), a subsidiary of NextEra Energy Resources. The company holds PUCT certificate #10169 and is a sister brand to Frontier Utilities. Companion Energy offers residential electricity plans across Texas deregulated markets.

PUC License
#10169
Parent Company
NextEra Energy Resources (NYSE: NEE), via Retail Energy Solutions LLC
Headquarters
Houston, TX
Residential Electricity
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Companion Energy FAQ

Common questions about Companion Energy electricity plans, rates, and service areas.

What areas does Companion Energy serve?

Companion Energy offers plans in six Texas deregulated TDU territories: Oncor, CenterPoint, AEP Texas Central, AEP Texas North, TNMP, and Sharyland. Enter your ZIP code to confirm availability and see rates for your territory.

What are Companion Energy's current rates?

Rates range from 11.4¢ to 12.4¢/kWh depending on the plan and territory, with an average of 11.8¢/kWh. The lowest rate is currently in the CenterPoint territory. Rates on this page update multiple times daily.

Why do Companion Energy rates differ by territory?

Each TDU (Transmission and Distribution Utility) charges different delivery rates that are passed through to your bill. The same Companion Energy plan can cost several cents more per kWh in one territory vs. another because of these delivery charge differences.

What contract lengths does Companion Energy offer?

Companion Energy currently offers fixed-rate plans ranging from 12 to 12 months. Early termination fees apply if you cancel before your contract ends. Current ETFs: 12-month plan: $150.

How do I switch to Companion Energy?

Choose a plan and enroll online or by calling their customer service line. Your new provider coordinates the switch with your TDU — power stays on during the changeover, typically within 1-3 business days.

Sources & Notices

These are real-time rates from the ElectricChoice.com electric rate and plan marketplace. The inclusion, exclusion, ranking, or naming of any rate, plan, or provider on this page does not constitute an endorsement or recommendation. Listed rates may not account for all plan features, fees, etc.