Top 19 Electric Power Companies in Texas

The electric power industry in Texas is an integral part of the state's economy, providing energy solutions ranging from traditional fossil fuels to renewable resources like wind and solar. Companies vary in structure; some focus on large-scale electricity generation while others work on distribution and customer-facing services. With increasing regulations and consumer demand for sustainable practices, there's a significant push towards carbon-free energy sources. Texas stands as a pioneer with its unique deregulated market, fostering competition that leads to innovations like smart energy management tools and community-driven renewable projects, positioning it at the forefront of the energy transition.

The companies featured in this list showcase a mix of established giants and ambitious newcomers, primarily headquartered across Houston, Dallas, and larger Texan metropolitan areas. Founded over several decades, they range from sizable operations like Calpine, with thousands of employees, to newer firms emphasizing specialized services. With a focus on renewable energy solutions and reliable customer service, these electric power companies are paving the way for the future of energy in Texas, enhancing consumer choice and incorporating new technologies.

Continue reading to discover the top electric power companies in Texas.

Top 19 Electric Power Companies Companies in Texas

1. Reliant Energy

• Website: reliant.com
• Ownership type: Corporate
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 94%, Mexico 3%, Other 2%
• Latest funding: May 2009
• Founded year: 2000
• Headcount: 1001-5000
• LinkedIn: reliant-energy

Reliant Energy, founded in 2000 and based in Houston, Texas, is an electricity provider that caters to both residential and business customers. The company offers a range of electricity plans, including fixed-rate options and plans designed specifically for renters. Reliant Energy emphasizes customer engagement through innovative tools that help users manage their energy consumption effectively. They also provide renewable energy solutions, such as solar options, and have initiatives aimed at energy conservation. With a workforce of over 1,000 employees, Reliant Energy serves a significant portion of Texas, including major areas like Greater Houston and North Texas. Their commitment to customer service is evident in their 24/7 support and various energy management resources. Reliant Energy has not reported any recent funding, indicating a stable operational model since its inception.

2. Calpine

• Website: calpine.com
• Ownership type: Corporate
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $16.4B, January 2025
• Founded year: 1984
• Headcount: 1001-5000
• LinkedIn: calpine

Calpine Corporation is an energy company based in Houston, Texas, specializing in electricity generation from natural gas and geothermal resources. Founded in 1984, Calpine has grown to operate 77 facilities across the United States, Canada, and Mexico, generating approximately 27,000 megawatts of electricity. This output is sufficient to power around 27 million homes. The company is recognized for its commitment to clean and reliable power, focusing on low-carbon energy solutions and sustainability. Calpine operates the largest portfolio of cogeneration facilities in the nation and is a significant player in the geothermal energy sector, particularly through its operations at The Geysers in California. The company also invests in innovative technologies, including carbon capture and energy storage, to support the transition to a cleaner energy future. In 2025, Calpine secured a substantial funding amount of $16.4 billion, indicating strong investor confidence in its growth and operational strategies.

3. Oncor Electric Delivery

• Website: oncor.com
• Ownership type: Corporate
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Other (Debt), $500.0M, February 2024
• Founded year: 2001
• Headcount: 1001-5000
• LinkedIn: oncor-electric-delivery

Oncor Electric Delivery Company, founded in 2001 and based in Dallas, Texas, is an electric utility that specializes in the transmission and distribution of electricity across the state. With a workforce of over 3,500 employees, Oncor serves both residential and commercial customers, ensuring a reliable power supply while also offering various energy efficiency programs. The company plays a vital role in maintaining the electric grid, which is essential for the stability of energy delivery in Texas. Oncor is also involved in supporting the integration of renewable energy sources, reflecting a commitment to modernizing the energy infrastructure. Recently, Oncor secured $500 million in funding, indicating ongoing investment in their operations and future projects. This financial backing may enhance their capacity to innovate and expand their services in a rapidly evolving energy market.

4. Dynegy

• Website: dynegy.com
• Ownership type: Corporate
• Headquarters: Irving, Texas, United States (USA)
• Employee distribution: United States (USA) 99%, Other 1%
• Latest funding: $1.7B, October 2017
• Founded year: 1984
• Headcount: 5001-10000
• LinkedIn: dynegy

Dynegy Inc. is an electric utility company based in Irving, Texas, founded in 1984. The company specializes in providing electricity supply services to residential and business customers, emphasizing transparency and customer satisfaction. Dynegy operates power stations across the United States and is actively involved in municipal aggregation services, allowing communities to negotiate competitive electric supply prices. With a workforce of approximately 780 employees, Dynegy serves millions of customers, particularly in Illinois, Ohio, and Massachusetts. The company is committed to community involvement, supporting local organizations and initiatives. Dynegy's Total Satisfaction Guarantee reflects its dedication to ensuring customer happiness with their services, making it a notable entity in the electric power industry.

5. CoServ

• Website: coserv.com
• Ownership type: Private
• Headquarters: Corinth, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1937
• Headcount: 501-1000
• LinkedIn: coserv

CoServ, established in 1937, is a private utility company based in Corinth, Texas, providing electricity and natural gas services to a wide range of customers across North Texas. As an electric cooperative, CoServ operates with a focus on community engagement and customer service, ensuring reliable energy solutions for its members. The company serves over 308,000 electric meters and more than 161,000 gas meters, covering parts of seven counties. CoServ is not only involved in traditional utility services but also offers energy assessments, savings programs, and solar installations, helping customers manage their energy consumption effectively. This proactive approach to energy management reflects CoServ's commitment to sustainability and customer empowerment in an evolving energy landscape.

6. STP Nuclear Operating Company

• Website: stpnoc.com
• Ownership type: Private
• Headquarters: Wadsworth, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 1001-5000
• LinkedIn: stp-nuclear-operating-company

STP Nuclear Operating Company, founded in 1988, is a private entity based in Wadsworth, Texas. The company operates the South Texas Project Electric Generating Station, which is one of the newest and largest nuclear power facilities in the United States. With a workforce of approximately 1,200 employees, STP is dedicated to producing carbon-free electricity, supplying power to around two million homes in Texas. The facility's two reactors have been operational since 1988 and 1989, and they consistently rank high in energy production among U.S. nuclear plants. STP emphasizes safety and reliability in its operations, having received accolades for its commitment to these principles. The company also engages actively with the local community, contributing to various causes and initiatives, and has established partnerships that bolster local employment. STP's operations prevent significant greenhouse gas emissions, aligning with broader environmental goals. The company has not reported any recent funding activities.

7. Gexa Energy

• Website: gexaenergy.com
• Ownership type: Corporate
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $81.0M, June 2005
• Founded year: 2002
• Headcount: 201-500
• LinkedIn: gexa-energy

Gexa Energy, based in Houston, Texas, is an electricity provider that has been operational since 2002. The company serves both residential and business customers across Texas, focusing on affordable electricity plans and sustainable energy solutions. Gexa Energy is committed to offering 100% green energy, which is increasingly important in today's energy market. Their product offerings include electricity plans tailored for various needs, solar solutions, and energy management tools designed to help customers optimize their energy consumption. Gexa Energy has also developed specific plans for electric vehicle owners, showcasing their adaptability to market demands. The company is part of the NextEra Energy family, which enhances its credibility and operational capabilities in the energy sector. Gexa Energy has been recognized for its customer service and community involvement, further solidifying its position in the industry.

8. Stream (Stream Energy)

• Website: mystream.com
• Ownership type: Private
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2005
• Headcount: 201-500
• LinkedIn: stream-energy

Stream Energy, founded in 2005 and based in Dallas, Texas, is a private energy provider that specializes in electricity and natural gas services for both residential and business customers. The company operates in several deregulated energy markets across the United States, including Texas and Georgia. Stream Energy is committed to offering affordable energy plans, which include fixed and variable rate options, as well as plans backed by 100% renewable energy. This focus on renewable options reflects a growing consumer demand for sustainable energy solutions. Stream Energy also provides mobile phone services, expanding its portfolio beyond traditional energy offerings. With a workforce of approximately 201-500 employees, the company has established itself as a reliable player in the retail energy sector, although it does not appear to have received any recent funding.

9. ENGIE Resources

• Website: engieresources.com
• Ownership type: Private
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 76%, United Kingdom (UK) 13%, Mexico 4%, Other 8%
• Founded year: 2002
• Headcount: 51-200
• LinkedIn: engieresources

ENGIE Resources, based in Houston, Texas, is a private energy provider that specializes in electricity and natural gas solutions tailored for industrial and commercial customers. Founded in 2002, the company has built a reputation for offering a wide range of services, including data reporting, demand management, and renewable energy solutions. ENGIE Resources operates across 14 markets in the United States, providing electricity supply solutions and natural gas products. Their commitment to sustainability is evident in their focus on renewable energy initiatives and their ability to help clients optimize energy consumption. As a subsidiary of ENGIE North America, the company benefits from the larger group's extensive resources and expertise in the energy sector. ENGIE Resources has received accolades for its performance in the energy market, including recognition as the number one overall energy dealer and a top clean energy developer. This positions them as a relevant and active participant in the electric power industry.

10. Cirro Energy

• Website: cirroenergy.com
• Ownership type: Private
• Headquarters: Plano, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2019
• Headcount: 51-200
• LinkedIn: cirro-energy

Cirro Energy, based in Plano, Texas, is a private electricity provider that caters to both residential and business customers. Founded in 2019, the company aims to deliver reliable energy services while offering tools for effective energy management. Their services include features like auto pay and average billing, which help customers manage their electricity expenses more predictably. Cirro Energy's customer base consists of homeowners and businesses looking for efficient energy solutions. The company operates entirely within the United States, focusing on the Texas market primarily, and emphasizes customer care through various support options. As a newer entrant in the electric power industry, Cirro Energy is still establishing its presence and reputation among consumers.

11. TriEagle Energy

• Website: trieagleenergy.com
• Ownership type: Private
• Headquarters: Irving, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2003
• Headcount: 51-200
• LinkedIn: trieagle-energy

TriEagle Energy is an electricity provider headquartered in Irving, Texas, with a focus on delivering tailored electricity plans and renewable energy options to both residential and commercial clients. Established in 2003, the company has built a reputation for prioritizing customer support and energy management, helping customers effectively manage their energy usage and costs. TriEagle Energy operates in several states, including Texas, Pennsylvania, and New Jersey, and offers a range of services such as bill payment, account management, and energy-saving tips. Their commitment to customer service is evident in their accessible support channels, including phone and online resources, which aim to enhance the customer experience in the energy sector.

12. Clearview Energy

• Website: clearviewenergy.com
• Ownership type: Private
• Headquarters: Dallas, Texas, United States (USA)
• Founded year: 2006
• Headcount: 51-200
• LinkedIn: clearview-electric-inc-

Clearview Energy, founded in 2006 and based in Dallas, Texas, is a private energy provider dedicated to delivering electricity sourced from renewable resources. The company serves both residential and commercial customers, offering tailored electricity plans that emphasize sustainability. Clearview Energy is particularly focused on helping clients transition from fossil fuel-generated electricity to cleaner alternatives such as wind, solar, and hydro power. Their initiatives extend beyond energy provision; they actively engage in community partnerships, supporting organizations like the Arbor Day Foundation and various educational institutions to promote environmental stewardship. Clearview also provides electric vehicle charging solutions and a rewards program that incentivizes customers for their loyalty. With a workforce of around 59 employees, Clearview Energy is positioned to make a significant impact in the renewable energy sector, catering to a growing market of environmentally conscious consumers.

13. Payless Power

• Website: paylesspower.com
• Ownership type: Private
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2004
• Headcount: 51-200
• LinkedIn: payless-power

Payless Power, founded in 2004 and based in Dallas, Texas, is a private electricity provider that specializes in offering prepaid and traditional electricity plans to both residential and business customers. The company aims to make electricity accessible to a broad audience by eliminating the need for deposits and credit checks. This approach allows them to cater to customers who may face challenges in securing traditional electricity services. Payless Power operates in over 400 deregulated communities across Texas, partnering with local utilities such as Oncor, CenterPoint Energy, and AEP to deliver reliable energy solutions. Their commitment to customer service is reflected in their high ratings and numerous positive reviews, as well as recognition in the form of awards, including being named one of the top three Best Retail Electric Providers in Texas for 2024. Payless Power continues to innovate in the industry by providing flexible payment options and tools for customers to manage their energy usage effectively.

14. Energy Texas

• Website: energytexas.com
• Ownership type: Private
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2021
• Headcount: 1-10
• LinkedIn: energytexasco

Energy Texas, based in Houston, Texas, is a private electricity provider that specializes in offering fixed-rate and renewable energy plans to residential customers. Founded in 2021, the company aims to simplify the often complex and confusing landscape of the deregulated Texas energy market. With a strong focus on customer service, Energy Texas promises straightforward pricing and a commitment to 100% renewable energy across all its plans. The company positions itself as a local provider, emphasizing its Texan roots and dedication to serving the community. Energy Texas also provides tools for easy account management, allowing customers to track usage and manage payments efficiently. Despite being a newcomer in the industry, Energy Texas is actively engaging with customers and promoting energy-saving tips and renewable energy benefits through its blog and customer support channels.

15. Apg&e

• Website: apge.com
• Ownership type: Private
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2004
• Headcount: 51-200
• LinkedIn: apgande

APG&E, founded in 2004 and headquartered in Houston, Texas, is a private electricity provider that specializes in offering a range of energy services. The company caters to residential, commercial, and small business sectors, providing various electricity plans designed to meet the needs of its customers. APG&E is dedicated to delivering affordable and reliable electricity solutions, which is reflected in their competitive pricing and flexible plan options. They also emphasize customer service, boasting a team of energy experts available to assist clients with their energy needs. Furthermore, APG&E has made strides in offering renewable energy products, indicating their responsiveness to the growing demand for sustainable energy solutions. The company operates in multiple states, including Texas, Maryland, New Jersey, Ohio, Pennsylvania, and Illinois, and holds the necessary regulatory certifications to operate in these markets.

16. Amigo Energy

• Website: amigoenergy.com
• Ownership type: Private
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2003
• Headcount: 51-200
• LinkedIn: amigo_energy

Amigo Energy, founded in 2003 and based in Houston, Texas, operates as a private electricity provider catering to both residential and business customers. The company specializes in offering a range of electricity plans designed to meet various needs, focusing on affordability and reliability. Amigo Energy stands out by providing flexible plans that allow customers to choose options that best fit their lifestyles. In addition to electricity services, they have introduced referral programs that reward customers for bringing in new clients, as well as partnerships for water filtration systems, enhancing their service offerings. With a workforce of around 51-200 employees, Amigo Energy maintains a strong presence in the Texas energy market, aiming to deliver excellent customer service and competitive rates.

17. MP2 Energy LLC, A Shell Energy North America Subsidiary

• Website: mp2energy.com
• Ownership type: Corporate
• Headquarters: The Woodlands, Texas, United States (USA)
• Employee distribution: United States (USA) 93%, Italy 7%
• Latest funding: June 2017
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: mp2-energy-llc

MP2 Energy LLC, a subsidiary of Shell Energy North America, is based in The Woodlands, Texas. Founded in 2009, the company specializes in providing electricity services to both residential and business customers. They offer a range of plans, including 100% renewable electricity options, which reflect a strong commitment to sustainability. MP2 Energy focuses on helping customers manage their energy consumption and costs through tailored energy management services. Their offerings include unique plans such as Free Nights and Electric Vehicle Charging plans, catering to the evolving needs of modern consumers. With a workforce of around 59 employees, the company operates primarily in the United States, with a small presence in Italy. MP2 Energy's integration into the Shell Energy brand enhances its credibility and resources in the energy market, allowing it to leverage Shell's extensive trading operations and expertise in renewable energy solutions.

18. Perennial Power Holdings, Inc.

• Website: perennialpower.net
• Ownership type: Private
• Headquarters: The Woodlands, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2002
• Headcount: 11-50
• LinkedIn: perennial-power-holdings-inc-

Perennial Power Holdings, Inc. is an energy company based in The Woodlands, Texas, established in 2002. The firm specializes in the development and management of power generation projects throughout the United States. With a focus on both renewable and conventional energy sources, Perennial Power operates in sectors such as natural gas, wind, solar, and battery storage. Their mission is to enhance local economies by providing reliable energy solutions while promoting sustainability within the power grid. The company is part of the global portfolio of Sumitomo Corporation, which allows it to leverage significant industry expertise and resources. Perennial Power is actively seeking to develop and acquire quality power plants, with a notable emphasis on clean and efficient technologies. Their current projects include a variety of wind and solar initiatives, as well as battery storage solutions, indicating a proactive approach to meeting the evolving energy demands of the market.

19. StarTex Power

• Website: startexpower.com
• Ownership type: Private
• Headquarters: Houston, Texas, United States (USA)
• Founded year: 2004
• Headcount: 51-200
• LinkedIn: startex-power

StarTex Power, a Houston-based energy provider, has been serving customers since its inception in 2004. The company specializes in offering a range of energy solutions, including electricity, natural gas, and renewable energy options. StarTex Power caters to both residential and commercial clients, helping them manage their energy costs while ensuring a reliable supply. The company is particularly active in deregulated markets, allowing consumers to choose their energy suppliers. In addition to traditional energy offerings, StarTex Power emphasizes energy efficiency and sustainability, providing services such as solar energy solutions and home services. This focus on customer-centric energy management reflects the evolving needs of consumers in today's energy landscape.

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