Who Are The Major Energy Broker Serving Lubbock?

Brief Recap of Energy Deregulation

Energy deregulation is a significant shift in the electricity market that removes restrictions and opens the industry to competition. This means consumers, for the first time, have the freedom to choose their electricity provider. In Lubbock, Texas, energy deregulation is expected to roll out in early 2024, transforming the way residents and businesses source their electricity.

 

The Significance of Choosing the Right Energy Broker

Selecting the right energy broker is crucial in a deregulated market. With various providers vying for your business, making an informed choice can lead to significant savings on your electric bill, access to innovative services, and superior customer care. A good energy broker not only assists you in navigating this newly competitive market but also understands your specific needs to suggest the best possible plans.

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Power2Choose Lubbock: The Local Family-run Business

 

A Brief About Power2Choose Lubbock

 

Power2Choose Lubbock is more than just an energy broker. As a family-run business rooted in Texas, we share a deep connection with the community we serve. Our focus is not solely on helping you find the best energy plans but also on delivering personalized service and fostering a genuine, lasting relationship.

 

Advantages of Choosing a Local, Family-run Business

 

Choosing Power2Choose Lubbock means partnering with a broker that deeply understands the Texas energy market and the local community's unique needs. Unlike large corporations, we offer personalized service, ensuring each interaction is tailored to your specific needs and concerns. As a local business, we're not just servicing an account; we're serving our neighbors, our friends, and our family. Plus, supporting us means investing in the local economy, helping to cultivate a thriving community. Trust Power2Choose Lubbock to navigate the energy deregulation waters – we're here to keep the power in your hands.

Who is Quick Electricity?

 

Contact Information:
Headquarters

PO Box 721440, Houston, Texas, 77272, United States

Phone Number

(877) 509-8946

Website

www.quickelectricity.com

 

An Overview of Quick Electricity

 

Quick Electricity is a Texas-based energy broker that provides a range of services beyond home energy plans. They have made a mark in the market by offering a fast, easy way for Texans to compare prepaid electricity rates from top energy providers across the state. Additionally, Quick Electricity offers information on Texas business electricity rates, solar panels, and commercial energy solutions.

Origin and Ownership Details

Exact details about the origin and ownership of Quick Electricity are not readily available, but their established presence in the Texas energy market demonstrates a firm commitment to serving the state's residents and businesses.

Location of Headquarters

Quick Electricity operates out of Houston, Texas, and serves customers across major deregulated areas in the state, including cities like Dallas, Houston, Austin, as well as others like Abilene, Corpus Christi, and Midland. Their official contact point is a PO Box located in Houston, Texas.

Understanding Their Offerings

Quick Electricity provides a variety of electricity plans to meet different needs. They offer prepaid options with same-day connection and no credit check, serving both residential and commercial customers. Residential customers can choose from flexible contract terms ranging from 6 to 30 months, and commercial customers can access competitive energy rates. They also plan to introduce prepaid options specifically designed for small businesses.

Strengths of Quick Electricity

One of Quick Electricity's key strengths is their customer-focused approach. They tailor plans to individual needs and offer real-person assistance for any electricity inquiries. They also hold an A+ rating with the Better Business Bureau, suggesting a high level of customer satisfaction. They have robust relationships with reputable energy providers like Payless Power and Rhythm Energy and offer attractive promotions like free electricity nights and weekends, discounted military rates, and 100% renewable power plans.

Potential Areas of Concern

Despite their strengths, potential customers might be concerned about the lack of readily available information on Quick Electricity's ownership details. This could raise questions about transparency.

Public or Private: Transparency Matters

There is currently insufficient publicly available information to definitively classify Quick Electricity as a public or private company.

Texas-Based or Not: Local Expertise

Quick Electricity is based in Texas, operating across various deregulated areas in the state. Their intimate knowledge of the Texas energy market aids in their ability to serve customers effectively.

Revenue

According to available information, Quick Electricity's annual revenue stands at $8.7 million.

Who is Energy Ogre?

 

Contact Information:
Headquarters

24 Greenway Plz Ste 1100, Houston, Texas, 77046, United States

Phone Number

(877) 509-8946

Website

www.energyogre.com

 

An Overview of Energy Ogre

 

Founded in 2013, Energy Ogre took on the mission to guide consumers through Texas' deregulated electricity market, where confusing pricing and a plethora of plans often led to decision paralysis. The company's birth was fueled by Jesson Bradshaw, the current CEO, who sought to make a positive impact on Texas consumers by simplifying electricity plans and saving Texans valuable time, money, and energy.

Origin and Ownership Details

Jesson Bradshaw, the CEO, founded Energy Ogre with the sole purpose of guiding consumers through the Texas electricity market maze. Since its inception, the company has grown from a small team into a thriving organization that continues to disrupt the electricity industry and solidify its position in the market.

Understanding Their Offerings

With the use of technology, Energy Ogre scrutinizes a consumer's usage profile to find the most cost-effective electricity rate. Their service entails providing relevant information and resources, thereby empowering consumers to make informed decisions about their electricity providers and potentially lower their monthly bills.

Strengths of Energy Ogre

Energy Ogre owes its success to its service-oriented mission and its deep-rooted expertise in the Texas electricity market. Over the years, it has served over 130,000 homes in Texas and demonstrated impressive growth of 1,763% over the last three years.

Potential Areas of Concern

Despite Energy Ogre's successes, potential areas of concern might lie in the lack of transparency regarding the size of the company. Consumers are advised to consider independent reviews and complaints when considering their service as recommended by the Better Business Bureau.

Public or Private: Transparency Matters

The corporate structure of Energy Ogre, whether public or private, is not clearly stated in the public domain.

Texas-Based or Not: Local Expertise

Based in Texas, Energy Ogre has had a significant impact on the state's energy market. Their intimate knowledge of the Texas electricity market shapes their approach to service provision, setting them as a leading force in the industry.

Contact and Financial Information

Energy Ogre's main phone number is (832) 975-1000, and the company can be reached online via its website, www.energyogre.com. As of the last available report, Energy Ogre generates an estimated annual revenue of $6.3M. The company operates within the electricity industry, specifically focusing on helping consumers navigate the complex electricity marketplace in Texas.

Who is ElectricityPlans.com?

 

Contact Information:
Headquarters

PO Box 991, Cypress, Texas 77410, United States

Website

ElectricityPlans.com

 

An Overview of ElectricityPlans.com

 

ElectricityPlans.com was launched in 2017 under the auspices of Cypress Capital Ventures, LLC. The site was designed to simplify electricity shopping for homes and businesses in Texas. They offer an unbiased comparison shopping experience, working in partnership with reputable providers to offer a diverse range of electricity plans.

Origin and Ownership Details

Founded as a private company, ElectricityPlans.com operates under Cypress Capital Ventures, LLC. The team has over 30 years of experience in the industry, dedicated to providing transparent pricing and deciphering plan details for the benefit of the consumers.

Location of Headquarters

ElectricityPlans.com's headquarters is located at 5202 Marble Gate, Houston, Texas, 77069, United States.

Understanding Their Offering

The primary offering of ElectricityPlans.com is its ability to simplify the electricity shopping experience. They offer free, unbiased electricity shopping tools and educational resources that help consumers make informed choices. Their service includes partnering with retail electricity providers to offer a diverse range of electricity plans.

Strengths of ElectricityPlans.com

ElectricityPlans.com excels in simplifying the electricity shopping process. They also stand out for their commitment to providing quality content and maintaining honest practices. In 2022, the company was recognized among the top 100 fastest-growing companies owned by Texas A&M University alumni.

Potential Areas of Concern

Despite its commendable services, there may be potential areas of concern. For example, the company's size is not clearly stated, which could make it difficult for consumers to gauge the company's capacity and reliability.

Public or Private: Transparency Matters

As a privately held company, ElectricityPlans.com operates under Cypress Capital Ventures, LLC.

Texas-Based or Not: Local Expertise

ElectricityPlans.com is a Texas-based company that leverages its local expertise to provide the best possible service to its consumers.

Contact and Financial Information

ElectricityPlans.com's main phone number is (281) 753-0680, and the company can be reached online via its website, www.electricityplans.com. As of the last available report, ElectricityPlans.com generates an estimated annual revenue of $6.5M. The company operates within the Electricity, Oil & Gas, Energy, Utilities & Waste Treatment industry, with a specific focus on retail electricity comparison in Texas.

Who is Amigo Energy?

 

Contact Information:
Headquarters

5251 Westheimer Rd #1000, Houston, TX 77056, United States

Phone Number

1-888-528-2672

Website

amigoenergy.com

 

 

An Overview of Amigo Energy

 

Amigo Energy is a Texas-based electricity company that was founded in 2003. As a private electric utility seller, Amigo Energy was initially part of Fulcrum Power Services and was later acquired by Canadian firm Just Energy Group Inc. in 2011. The company prides itself on providing affordable rates, reliable electricity, and exceptional customer care to its consumers in Texas.

Origin and Ownership Details

Amigo Energy was founded with the mission to offer affordable electricity rates to consumers in Texas. The company merged with Fulcrum Power Services in 2007 and was subsequently acquired by the Just Energy Group Inc. in 2011.

Understanding Their Offerings

Amigo Energy operates as a full-service Retail Electric Provider (REP) in Texas, primarily in deregulated transmission areas. The company offers competitive rates and superior customer service. Its products and services are characterized by flexible plans, fixed electricity rates, and round-the-clock customer support.

Strengths of Amigo Energy

Amigo Energy has positioned itself as one of the leading electric retailers in Texas. The company's strengths lie in its customer service and competitive pricing. It has been recognized as one of the top 5 Best Electricity Companies in Houston in 2021, indicating its commitment to customer satisfaction and service quality.

Potential Areas of Concern

Despite its successes, potential areas of concern might lie in the complexity of the electricity market and the competition among independent power marketers in Texas' deregulated electricity market.

Public or Private: Transparency Matters

Amigo Energy is a privately-held company operating under Just Energy Group Inc. It is not publicly traded.

Texas-Based or Not: Local Expertise

As a Texas-based company, Amigo Energy leverages its local expertise to offer optimal services to its consumers. It is an integral part of the Texas electricity market and works diligently to serve the needs of Texans.

Contact and Financial Information

The company's official website is www.amigoenergy.com, and it can be contacted via this platform. As of the last available report, Amigo Energy employs about 500 people and generates a revenue of $386.7 million[3]. Amigo Energy operates within the electricity industry, specifically focusing on providing retail electricity services in Texas.

Who is Just Energy?

 

Contact Information:
Headquarters

5251 Westheimer Rd #1000, Houston, TX 77056

Phone Number

1-866-268-1975

Website

justenergy.com

 

 

An Overview of Just Energy

 

Just Energy is a prominent retail energy provider based in North America, particularly serving the United States and Canada. Established as Just Energy Group Inc., the company has been providing electricity and natural gas commodities since its inception. With a focus on energy efficiency and renewable options, Just Energy has made significant strides in fostering cleaner and more sustainable communities.

Origin and Ownership Details

Just Energy underwent a major shift in ownership in December 2022. Previously a reporting issuer in Canada, the company completed a sale transaction, emerging with a new ownership group as part of the Companies’ Creditors Arrangement Act (Canada) proceedings. The move aimed to bolster Just Energy's balance sheet and growth prospects. As a result of this transaction, Just Energy is no longer subject to the CCAA proceedings.

Understanding Their Offerings

Just Energy offers a diverse range of energy services, specializing in electricity and natural gas commodities, along with energy-efficient and renewable energy options. Serving both residential and commercial customers, the company emphasizes sustainability, providing unique solutions to reduce environmental footprints. It also offers a state-of-the-art customer portal, My Account, which allows customers to track energy usage, estimate future bills, and easily renew their plans.

Strengths of Just Energy

Known for its commitment to sustainability and customer satisfaction, Just Energy has built a significant customer base of over 1 million. It is highly recommended for its green energy options, friendly staff, easy sign-up process, and consistent billing. The company also runs a Refer-A-Friend program, further demonstrating its focus on customer engagement and retention.

Potential Areas of Concern

Though the information provided does not specify any potential areas of concern for Just Energy, it's worth noting that the energy market is highly competitive and subject to regulatory changes. Moreover, the company's recent change in ownership could present challenges, but also new opportunities for growth.

Public or Private: Transparency Matters

Following the completion of its sale transaction, Just Energy emerged as a privately held company. It is no longer a reporting issuer in Canada.

Texas-Based or Not: Local Expertise

No.

Contact and Financial Information

Just Energy can be reached through their official website, www.justenergy.com. As per the latest data, the company serves over 1 million customers and employs a significant number of staff across its various locations. However, the specific revenue figures and employee count are not provided in the available information. Just Energy operates in the Electricity, Oil & Gas, and Energy industries, providing retail energy services and renewable energy solutions.

Who is Reliant.com?

 

Contact Information:
Headquarters

P.O. Box 3765 Houston, TX 77253-3765

Phone Number

1-866-222-7100

Website

www.reliant.com

 

 

An Overview of Reliant.com

 

Reliant, operating via www.reliant.com, is an energy provider known for its commitment to customer service and innovative energy solutions. Reliant powers millions of homes and businesses primarily across Texas, providing 24/7 customer service. The company has an unwavering focus on energy innovation, simplifying, and enhancing power solutions for both residential and commercial customers. The company's philosophy lies in empowering customers to manage their electricity usage with innovative plans and competitive pricing.

Origin and Ownership Details

Reliant is a subsidiary of NRG Energy, Inc., a major American energy company. Under the leadership of Elizabeth Killinger, President of NRG Retail and Reliant, the company has played a significant role in the transition to competitive electricity markets. Elizabeth Killinger oversees NRG Home, which provides residential power and gas services in the U.S. and Canada.

Understanding Their Offerings

Reliant provides electricity services, with flexible options such as same-day electricity service or scheduling a connection up to 60 days in advance. Customers can easily manage their services, including the transfer of services to a new address while maintaining the same account number and automatic billing services. The company also offers tools such as the Reliant Bill Estimator to help customers predict their energy consumption costs. Beyond their core offerings, Reliant also actively participates in community work, providing direct donations and fostering a culture of employee volunteering.

Strengths of Just Energy

Reliant is recognized for its customer-centric approach and innovation in the energy industry. It boasts an impressive record of reliable service and provides comprehensive energy solutions that are designed to be customer-friendly. Its strengths lie in its commitment to delivering award-winning customer service, the seamless transfer of services, and innovative energy plans. They also provide exclusive discounts and referral program benefits to their customers.

Potential Areas of Concern

As with any energy provider, Reliant operates in a competitive market that can be affected by changing regulations and customer preferences. While the provided information does not highlight any specific areas of concern for Reliant, it's important to note that potential challenges could arise from changes in the energy market or regulatory environment.

Public or Private: Transparency Matters

Reliant, as a subsidiary of NRG Energy, Inc., is part of a publicly-traded company. NRG Energy, Inc. is listed on the New York Stock Exchange under the ticker symbol "NRG".

Texas-Based or Not: Local Expertise

Reliant is based in Texas and primarily serves customers across the state. The company's local expertise allows it to understand and cater to the unique energy needs of its customers in the Texas energy market.

Contact and Financial Information

Reliant can be reached at 1-866-222-7100 or through their official website www.reliant.com. Specific financial details, such as revenue and employee count, are not provided in the available information, as these figures would be consolidated under the financials of the parent company, NRG Energy, Inc.

In Conclusion

 

In conclusion, large energy providers like Just Energy and Reliant showcase their commitment to reliable services, customer satisfaction, and sustainability. However, the pricing mechanisms don't typically offer hidden discounts, primarily reflecting market and regulatory factors.

 

  • The cost of energy is a direct contribution to these corporations' operations.
  • The promised perks and programs don't necessarily translate into exclusive savings.
  • Opting for a Texas-based, family-owned business could provide similar reliability with a personalized touch and a greater impact on local community development.

 

Given this, one may be drawn to the idea of supporting a Texas-based, family-owned energy provider. Such companies can offer the same level of reliability and customer service, but with an added touch of personal engagement and community commitment. Furthermore, supporting a local, family-owned business can lead to a more direct impact on the local economy and community development.

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