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Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace.
Attention V247 Power customers:
You have been transitioned to a Provider of Last Resort (POLR) in Texas.
POLR rates are typically market-based or month-to-month variable rate energy plans, which cost more and can lead to unexpectedly high electricity bills.
You do not have to stay with your Provider of Last Resort.
Right here on ComparePower, you can switch to an electricity company that is ideal for your home.
Switch to a fixed-rate, predictable energy plan today and save on your electric bills.
ComparePower is not affiliated with V247 Power. If you have questions, please contact V247 Power directly.
Any product or company names, marks, or logos shown on this page are the property of their respective owners. ComparePower is an independent marketplace offering electricity pricing comparisons for consumers.
Why was I switched to a different provider?
In short, V247 Power couldn’t pay its bills and is shutting down as reported by EnergyChoiceMatters:
ERCOT issued a market notice stating, “On Tuesday, May 3, 2022, ERCOT revoked all rights of V247 POWER CORPORATION (LSE) to conduct activity under the ERCOT Protocols due to its failure to designate a new Qualified Scheduling Entity (QSE) or qualify as an Emergency QSE pursuant to the ERCOT Protocols.”
What should I do if I was switched away to another provider?
Enroll in a fixed-rate energy plan on ComparePower and save real money on your energy bill.
Choosing a plan based on your home’s usage history will get you a lower rate than variable POLR rates.
POLR rates are market-based or variable rates offered by electricity suppliers.
They are more expensive than fixed rates and can escalate electricity bills unexpectedly.
They are not your only option. You can switch to a different provider.
Texas electricity rates at a glance:
- The average retail price of electricity is 13.15 cents/kWh
- The average energy usage in Texas is 1,132 kWh/month
- The average electricity bill in Texas is $148.90
Source: eia.gov
“Easy, simple, best rates, just a click away.”
~ Stephen H. (TX, United States)
Last updated: September 2022
V247 Power electric choice in Texas
Whether new to Texas, a long-time resident, or a business owner, this guide provides useful information on V247 Power and allows you to compare rates from other Texas energy companies so that you can find the best solution to power your home or business.
With the deregulation of the state’s energy market, you have never had more power to choose the electricity plan that best fits your needs. Companies are now competing for your business and adjusting their rates to be competitive. Before you decide to sign up for a V247 Power plan, you should examine your options and determine what is right for you.
ComparePower endeavors to do just that as a no-cost consumer service that has been in operation since 2009. You are now able to compare plans without having to worry about hidden costs not disclosed by sales representatives. ComparePower helps you find the right plan through a fast and straightforward comparison process.
While you would typically spend hours filling in spreadsheets and keeping track of calculations, ComparePower does the hard work for you. All you have to do is follow their lead, and you will find the best rates for your household today.
Compare V247 Power with competing Texas energy plans
V247 Power is an electricity retailer that has served customers throughout Texas since opening in 2012. This Houston-based company serves customers in the Electric Reliability Council of Texas (ERCOT) service area. This service area features major electricity providers like Centerpoint Energy, Oncor, and Texas-New Mexico Power. Read on to learn more about V247 Power and to compare rates with other great Texas energy companies.
V247 Power has some great rates in Texas, but before you sign up you should shop rates from other providers to ensure you are getting the best rate possible. The rates presented here are updated live 24 hours a day, 7 days a week.
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
How to choose the best electricity plan in Texas
Selecting a V247 Power plan without knowing your home’s energy usage can cost you hundreds or thousands of dollars.
The #1 most important thing: Know your usage!
The key to avoiding overpaying is knowing your expected usage and comparing monthly costs for each plan based on that usage amount.
With things like gasoline, the “price per gallon” you see on the sign is the price you pay no matter how many gallons you pump.
$3 per gallon. Pump 10 gallons, and pay $30. Simple.
Electricity in Texas is not as simple as buying gasoline. The advertised “price per kWh” is based on a specific, exact monthly usage (usually 2000 kWh).
And, each plan has a different calculation for how your monthly bill is determined.
Your effective “price per kWh” can only be determined by calculating your monthly bill, then dividing that monthly bill by your usage.
Advertised “price per kWh” can be misleading because it’s based on a specific usage like 2000 kWh. It’s best to shop based on the total bill for your home’s expected usage.
How do you do that when the math is complicated, and every plan is a little different?
ComparePower has already done all this complicated math for you.
First, we help you determine your expected monthly kWh usage. Then we show you the plans and their total monthly cost for your usage.
V247 Power residential energy plans
V247 Power offers residential electrical plans and promotions designed to keep prices competitive with other Texas electricity providers. Customers choose contract lengths of one, two, or three years depending on their energy needs. A shorter contract with V247 Power allows flexibility to seek lower prices, while a more extended contract can lock in a favorable rate.
One of the ongoing promotions used by V247 Power is the Free Weekends plan. This plan allows the user to receive no-cost electricity from midnight Saturday through 11:59 pm Sunday for the duration of the contract. V247 Power offers 100 days of free electricity as part of this plan. The Free Weekends plan is available to customers using smart meters.
V247 Power commercial energy plans
In addition to residential service, V247 Power provides business plans for small companies and established corporations. A small business account with V247 Power starts with a $0 base rate. The retailer’s customer service team also provides free consultations on energy plans that fit the account holder’s needs.
A business account applicant with $10,000 per month or more in electrical expenses qualifies for a large business plan. This level of consumption can lead to significant swings in energy use depending on the time of year, the number of employees, and the company’s overall level of demand. V247 Power works with large businesses to customize plans in anticipation of these variables.
To find the best electricity rates, you need to compare prices from competing energy companies. ComparePower bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You submit your information once and the providers will present their bids. You to choose the cheapest price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
V247 Power customer service
V247 Power maintains multiple avenues for customers looking to apply for service or fix a service issue. The company’s website features online management tools as well as options for renewing or transferring an existing contract. Customers can also speak with V247 Power representatives by calling 1-855-888-9888. Customer service options in English, Spanish, and Vietnamese are available upon request.
There are additional paths for customers unable to use those tools. V247 Power maintains Twitter and Facebook accounts that could be used to answer simple questions. The company also offers a mobile phone app that allows account access to happen on the move.
V247 Power works with customers who experience financial difficulties during their contracts. The company will set up payment arrangements with customers to extend payment due dates during short-term hardships.
A deferred payment plan can also be used by customers who are unable to pay their bills under a payment arrangement. In a deferred payment plan, the customer pays current bills along with portions of past bills until the account is current.
V247 Power reviews
Looking for ratings and reviews for V247 Power?
Several companies rate electricity providers. ComparePower does not include customer reviews as they are generally biased or easy to manipulate and skew one way or the other (positive or negative).
Often, a review is requested a mere few days after enrolling in a new energy plan, which may not be an adequate amount of time for a customer to experience the product or service.
Many customers who take the time to leave feedback typically do so as an effort to resolve a problem and are using negative feedback as a forum to draw attention to their issue.
Customers who leave positive reviews are generally incentivized to do so and therefore tend to be biased.
So what are we left with? There are a few long-standing customer review portals that attempt to remove bias. One of these is the Better Business Bureau and the other is the Public Utility Commission of Texas.
- Read customer reviews and ratings about V247 Power on the Better Business Bureau (BBB) website.
- Read customer complaints about V247 Power on the Public Utility Commission of Texas website.
Popular Texas energy companies
Are you trying to find an excellent electricity company in Texas?
Instantly enroll for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, Green Mountain and more.
Click on the provider of your choice to view rates, learn more, or sign up.
| Energy Companies | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Amigo Energy | 866-526-7192 |
| Direct Energy | 855-307-6915 |
| Discount Power | 855-236-1309 |
| Reliant | 855-887-2194 |
| Tara Energy | 866-217-5179 |
| Frontier Utilities | 866-763-5084 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 844-359-7999 |
| Payless Power | 855-854-8482 |
| Pulse Power | 888-853-4522 |
| New Power | 888-316-0697 |
| Just Energy | 866-586-3564 |
Electricity rates by popular cities in Texas
Looking for a low electricity rate in your city? Find your city below and click to sign up for a low-cost electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
- Houston, TX
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Missouri City, TX
- Laredo, TX
- Loraine, TX
- Richmond, TX
- Harlingen, TX
- Edinburg, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Humble, TX
- Friendswood, TX
- Dickinson, TX
- Grand Prairie, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Austin, TX
- Eden, TX
- Belton, TX
- Carrollton, TX
- Baytown, TX
- San Benito, TX
- Mansfield, TX
- Irving, TX
- La Porte, TX
- Lewisville, TX
- North Richland Hills, TX
- Brownwood, TX
- Bay City, TX
- Big Lake, TX
- Round Rock, TX
- Teague, TX
- League City, TX
- Grapevine, TX
- Ira, TX
- Coppell, TX
- Tomball, TX
- Wichita Falls, TX
- Burleson, TX
- Desoto, TX
- Kingsville, TX
- Rosharon, TX
- Colorado City, TX
- Euless, TX
- Pharr, TX
- Waco, TX
- Gardendale, TX
- Victoria, TX
- Weslaco, TX
- Del Rio, TX
- Temple, TX
- Pasadena, TX
- Rio Grande City, TX
- Lufkin, TX
- Waxahachie, TX
- Sherman, TX
- Stanton, TX
- Red Oak, TX
- Mckinney, TX
- Olmito, TX
- Haltom City, TX
- Rockwall, TX
- Lake Worth, TX
- Menard, TX
- Robinson, TX
- Pecos, TX
- Garden City, TX
- Farmers Branch, TX
- Brookesmith, TX
- La Marque, TX
- Alice, TX
- Rockport, TX
- Athens, TX
- Palmview, TX
- Galveston, TX
- Cedar Hill, TX
- Richardson, TX
- Trophy Club, TX
- Princeton, TX
- Magnolia, TX
- Crosby, TX
- Los Fresnos, TX
- Highland Park, TX
Shop electricity rates by Texas zip codes
Search low electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
75001 75002 75006 75007 75009 75010 75011 75013 75015 75019 75020 75021 75022 75023 75024 75025 75028 75032 75033 75034 75035 75038 75039 75040 75041 75042 75043 75044 75046 75048 75050 75051 75052 75054 75056 75057 75058 75060 75061 75062
Electricity rates by utility service areas in Texas
Search low electricity rates by service area and local utility company. Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
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