You've probably heard the saying referencing the fact that everything is bigger in Texas. While that's true for many different things, it's especially true when it comes to the energy market. In addition to having more wind farms and fossil fuels and producing more energy and electricity than any other state, Texas also has more electricity companies (REPs) than anyone else, including Champion Energy.
Champion Energy is one of more than a hundred retail electric providers operating in Texas. If you're in the market for a new electricity plan and want to know more about Champion Energy, you've come to the right place. This article will tell you everything you need to know about Champion Energy, their plans, and whether or not they're the right power company for you.
- What is Champion Energy?
- What Types of Electricity Plans Does Champion Energy Offer?
- Is Champion Energy Available in My Area?
- Is Champion Energy Right for Me?
- Who is a Good Alternative to Champion Energy?
What is Champion Energy?
Champion Energy is a retail electric provider offering electricity plans to most of the state of Texas. Like all REPs, Champion Energy purchases their electricity from power generating plants at wholesale price and sells it to residential customers at retail price. Champion also works with local utility and distribution companies to ensure that electricity makes it to your home safe and sound.
While Champion Energy has its headquarters in Houston, Texas, they offer electricity and other energy services throughout the country. Champion first opened its doors in 2004 when they were licensed by the PUC of Texas. Since then, they've gone on to become one of the largest and fastest-growing energy and electricity companies in the country and are currently a subsidiary of the Calpine Corporation.
What Types of Electricity Plans Does Champion Energy Offer?
In addition to serving residential customers, Champion Energy also offers electricity to commercial, industrial, and governmental properties.
Residential Plans
If you own or rent a house or apartment in Texas, you qualify for one of Champion Energy's residential plans.
Commercial and Industrial Plans
Industrial and commercial electricity plans are available exclusively to properties designated for business and commercial use. While Champion Energy offers these types of plans, they're slightly more limited than residential plans.
Government Plans
Finally, Champion is one of only a handful of REPs in Texas capable of supporting the amount of electricity needed at government facilities. Government facilities also require REPs to have special licensing and accreditation before they can provide electricity to them.
Specific Types of Plans
Champion Energy offers almost exclusively fixed-rate electricity plans. These plans range in duration from 12 to 24 months and come with various perks and benefits. Champion Energy also offers one variable-rate plan that's on a month-to-month basis and requires no commitment.
Is Champion Energy Available in My Area?
Because of how big and expansive Champion Energy is, there's a good chance that they're available in your area. However, the only way to be certain is to enter your zip code into their database and see if they have a plan near you. If you don't think that Champion is right for you, contact us at GoodCharlie Energy to learn about the GoodCharlie difference.
Is Champion Energy Right for Me?
Just because Champion Energy is one of the biggest and fastest-growing REPs in Texas doesn't mean they're the right electricity provider for you. Here are some of the pros and cons of Champion Energy to help you make your decision.
Advantages of Champion Energy
Green Energy Options
One of the nice things about Champion Energy is that if you want to reduce your carbon footprint, they offer a green energy option. The Green Energy 12 is a one-year fixed-rate plan that uses 100% wind power to provide you with electricity.
Free Weekends
Free nights and weekends plans are all the rage right now, and Champion Energy offers one. With their free weekends plan, you have unlimited free electricity from Friday evening until Monday morning.
Multiple Plans
Champion Energy offers more different electricity plans than most other REPs. In total, they have five different fixed-rate plans, plus one variable-rate option if you prefer the month-to-month approach.
Disadvantages of Champion Energy
While Champion Energy has a lot going for it, they aren't always the best option for various reasons.
Bigger Isn't Always Better
In general, the bigger a company is, the less a single person or customer means to them. Champion Energy offers electricity to millions of people throughout the country, which means they're spread awfully thin. As such, they won't have as much time to dedicate to your needs if a problem pops up.
Pricy Rates
The second major disadvantage of choosing Champion Energy is that they tend to have higher rates than their competitors. In certain zip codes, for example, GoodCharlie Energy has fixed-rate electricity plans 1 to 1.5 cents/kWh cheaper than Champion.
Hefty Early Termination Fee
Finally, Champion Energy also has a hefty early cancellation fee of $250 if you decide to terminate your plan prior to the end of your contract. While nobody plans on terminating their contract early, plans change and things come up that could make early termination inevitable.
Who is a Good Alternative to Champion Energy?
If you're not sold on signing up with Champion Energy, you should consider GoodCharlie Energy. We are one of the newest and best REPs in Texas, and we're also a company with a mission - to make Texas the best state for a dog to live in. At GoodCharlie, we understand that your pets are your family, and many of our rewards and benefits are geared toward helping them.
In addition to having outstanding benefits, we also have quality, fixed-rate electricity plans. Like all fixed-rate plans, we have different tiers based on energy usage. Unlike other electricity companies such as Cirro, however, our tiered rates are very similar to one another and minimize the extra cost if you go over your typical usage.
Each of our plans is also available as a 100% Green Energy Plan. This means that your entire electricity bill goes toward researching and creating electricity from renewable resources. Finally, you'll also get outstanding customer service with GoodCharlie Energy. Our staff consists of people living in Texas who understand how the electricity market works. Contact us to make the switch today!
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