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 Compare Power, 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.
Compare Power is not affiliated with V247 Power. If you have questions, please contact V247 Power directly.
- 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."
- Enroll in a fixed-rate energy plan on Compare Power 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.
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.
Compare Power 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. Compare Power 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, Compare Power 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.
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
J | Just Energy | Smart Choice - 12 Credits | $0.0750 per kWh | 12 Mo | $175 | Fixed | |
A | APGE | SimpleSaver 12 Credits | $0.0760 per kWh | 12 Mo | $150 | Fixed | |
4 | 4Change Energy | Maxx Saver Value 12 Credits | $0.0800 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
4 | 4Change Energy | Maxx Saver Value 8 Credits | $0.0810 per kWh | 8 Mo | $20/Mo remaining | Fixed | |
F | Frontier Utilities | Saver Plus 12 Credits | $0.0810 per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Eco Saver Plus 12 Green Credits | $0.0810 per kWh | 12 Mo | $150 | Fixed | |
D | Discount Power | Bill Credit Bundle 12 Credits | $0.0810 per kWh | 12 Mo | $150 | Fixed | |
C | Cirro Energy | Bill Bonus 12 Credits | $0.0810 per kWh | 12 Mo | $150 | Fixed | |
A | APGE | SimpleSaver 13 Credits | $0.0810 per kWh | 13 Mo | $250 | Fixed | |
A | APGE | SimpleSaver 8 Credits | $0.0810 per kWh | 8 Mo | $150 | Fixed | |
R | Rhythm Energy | Rhythm Max Saver 12 Green Credits | $0.0820 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
E | Energy Texas | The Lone Saver Plus 12 Green Credits | $0.0820 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
4 | 4Change Energy | Maxx Saver Value 24 Credits | $0.0830 per kWh | 24 Mo | $20/Mo remaining | Fixed | |
A | APGE | SimpleSaver 24 Credits | $0.0850 per kWh | 24 Mo | $250 | Fixed | |
R | Rhythm Energy | Rhythm Max Saver 24 Green Credits | $0.0880 per kWh | 24 Mo | $20/Mo remaining | Fixed | |
R | Rhythm Energy | Rhythm Saver 12 Green Credits | $0.0940 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
D | Discount Power | Bill Credit Bundle 24 Credits | $0.1010 per kWh | 24 Mo | $295 | Fixed | |
C | Cirro Energy | Bill Bonus 24 Credits | $0.1010 per kWh | 24 Mo | $295 | Fixed | |
A | APGE | SimpleSaver 36 Credits | $0.1050 per kWh | 36 Mo | $350 | Fixed | |
J | Just Energy | Smart Choice - 24 Credits | $0.1060 per kWh | 24 Mo | $175 | Fixed | |
T | TXU Energy | Smart Break 12 Credits | $0.1190 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Smart Break 12 Credits | $0.1190 per kWh | 12 Mo | $150 | Fixed | |
J | Just Energy | Power Plus - 12 Credits | $0.1220 per kWh | 12 Mo | $175 | Fixed | |
J | Just Energy | Power Plus - 24 Credits | $0.1250 per kWh | 24 Mo | $175 | Fixed | |
R | Reliant | Power Savings 12 plan Credits | $0.1290 per kWh | 12 Mo | $150 | Fixed | |
R | Reliant | Power Savings 24 plan Credits | $0.1290 per kWh | 24 Mo | $295 | Fixed | |
A | Atlantex Power | Luminous 12 | $0.1410 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
T | TXU Energy | Clear Deal 12 Credits | $0.1450 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Clear Deal 12 Credits | $0.1450 per kWh | 12 Mo | $150 | Fixed | |
A | Atlantex Power | Luminous Green 12 Green | $0.1450 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
A | APGE | True Simple 13 | $0.1460 per kWh | 13 Mo | $250 | Fixed | |
C | Constellation | 12 Month (No Min Usage Fee) | $0.1470 per kWh | 12 Mo | $150 | Fixed | |
A | APGE | True Simple 12 | $0.1470 per kWh | 12 Mo | $150 | Fixed | |
E | Energy Texas | Texas Bright 12 Green Credits | $0.1480 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
E | Energy Texas | Texas Bright 13 Green Credits | $0.1480 per kWh | 13 Mo | $20/Mo remaining | Fixed | |
A | APGE | True Simple 24 | $0.1490 per kWh | 24 Mo | $250 | Fixed | |
A | APGE | True Simple 36 | $0.1520 per kWh | 36 Mo | $350 | Fixed | |
A | Amigo Energy | 12th Month Free - 12 | $0.1530 per kWh | 12 Mo | $175 | Fixed | |
R | Reliant | Pure Power 24 plan | $0.1540 per kWh | 24 Mo | $295 | Fixed | |
E | Energy Texas | Texas Bright 24 Green Credits | $0.1540 per kWh | 24 Mo | $20/Mo remaining | Fixed | |
R | Reliant | Pure Power 12 plan | $0.1550 per kWh | 12 Mo | $150 | Fixed | |
D | Direct Energy | Live Brighter Lite 12 | $0.1550 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Clear Deal 24 Credits | $0.1550 per kWh | 24 Mo | $295 | Fixed | |
T | TXU Energy | Clear Deal 24 Credits | $0.1550 per kWh | 24 Mo | $295 | Fixed | |
C | Constellation | 12Mo Usage Bill Credit + A/C Protection for 2 Units and HVAC Monitoring Credits | $0.1570 per kWh | 12 Mo | $150 | Fixed | |
E | Energy Texas | Texas Bright 36 Green Credits | $0.1570 per kWh | 36 Mo | $20/Mo remaining | Fixed | |
C | Constellation | 12 Month GREEN (No Min Usage Fee) | $0.1590 per kWh | 12 Mo | $150 | Fixed | |
F | Frontier Utilities | Light Saver 12 | $0.1590 per kWh | 12 Mo | $150 | Fixed | |
D | Discount Power | Essential Saver 12 | $0.1590 per kWh | 12 Mo | $150 | Fixed | |
C | Cirro Energy | Simple Advantage 24 | $0.1590 per kWh | 24 Mo | $295 | Fixed | |
C | Cirro Energy | Simple Advantage 12 | $0.1590 per kWh | 12 Mo | $150 | Fixed | |
D | Direct Energy | Bright Secure 12 | $0.1590 per kWh | 12 Mo | $150 | Fixed | |
D | Direct Energy | Live Brighter Lite 24 | $0.1590 per kWh | 24 Mo | $295 | Fixed | |
T | TXU Energy | Solar Value 12 Credits | $0.1590 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Solar Value 12 Credits | $0.1590 per kWh | 12 Mo | $150 | Fixed | |
T | Tara Energy | Weekends Free Plan - 24 | $0.1600 per kWh | 24 Mo | $175 | TOU | |
G | Gexa Energy | Gexa Light Saver 12 Green | $0.1600 per kWh | 12 Mo | $150 | Fixed | |
D | Discount Power | Wise Buy Basic 24 Online | $0.1620 per kWh | 24 Mo | $295 | Fixed | |
R | Reliant | Basic Power 12 plan | $0.1620 per kWh | 12 Mo | $150 | Fixed | |
R | Reliant | Basic Power 24 plan | $0.1620 per kWh | 24 Mo | $295 | Fixed | |
A | Amigo Energy | Simply Days Free - 24 | $0.1640 per kWh | 24 Mo | $175 | TOU | |
F | Frontier Utilities | Saver Value Plus 12 Credits | $0.1640 per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Eco Saver Value 12 Green Credits | $0.1640 per kWh | 12 Mo | $150 | Fixed | |
R | Rhythm Energy | Simply Green 13 Green | $0.1640 per kWh | 13 Mo | $20/Mo remaining | Fixed | |
R | Reliant | Conservation 12 plan | $0.1650 per kWh | 12 Mo | $150 | Fixed | |
R | Reliant | Conservation 24 plan | $0.1650 per kWh | 24 Mo | $295 | Fixed | |
A | APGE | Rent Simple Saver 12 Credits | $0.1650 per kWh | 12 Mo | $150 | Fixed | |
A | Amigo Energy | Secure Energy - 24 | $0.1660 per kWh | 24 Mo | $175 | Fixed | |
J | Just Energy | Basics - 24 | $0.1660 per kWh | 24 Mo | $175 | Fixed | |
J | Just Energy | Simple Choice- 24 | $0.1660 per kWh | 24 Mo | $175 | Fixed | |
R | Rhythm Energy | Simply Green 23 Green | $0.1670 per kWh | 23 Mo | $20/Mo remaining | Fixed | |
A | APGE | Rent Simple Saver 13 Credits | $0.1680 per kWh | 13 Mo | $250 | Fixed | |
A | APGE | Rent Simple Saver 18 Credits | $0.1690 per kWh | 18 Mo | $250 | Fixed | |
4 | 4Change Energy | Cash Money 12 Credits | $0.1700 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
J | Just Energy | Basics - 12 | $0.1710 per kWh | 12 Mo | $175 | Fixed | |
D | Direct Energy | Live Brighter 1K+ 24 | $0.1710 per kWh | 24 Mo | $295 | Fixed | |
J | Just Energy | Simple Choice- 12 | $0.1720 per kWh | 12 Mo | $175 | Fixed | |
J | Just Energy | Renters Choice - 12 | $0.1720 per kWh | 12 Mo | None | Fixed | |
A | APGE | Rent Simple Saver 24 Credits | $0.1720 per kWh | 24 Mo | $250 | Fixed | |
A | Amigo Energy | Simply Days Free - 12 | $0.1740 per kWh | 12 Mo | $175 | TOU | |
4 | 4Change Energy | One Rate 12 | $0.1760 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
4 | 4Change Energy | Power Maxx Saver 12 Credits | $0.1780 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
A | APGE | Rent Simple Saver 36 Credits | $0.1780 per kWh | 36 Mo | $350 | Fixed | |
J | Just Energy | Simple Value - 24 Credits | $0.1790 per kWh | 24 Mo | $175 | Fixed | |
4 | 4Change Energy | One Rate 24 | $0.1790 per kWh | 24 Mo | $20/Mo remaining | Fixed | |
G | Green Mountain | Pollution Free Conserve 12 Preferred Green | $0.1790 per kWh | 12 Mo | $150 | Fixed | |
G | Green Mountain | Pollution Free Conserve 24 Preferred Green | $0.1790 per kWh | 24 Mo | $295 | Fixed | |
G | Green Mountain | Pollution Free e-Plus 24 Preferred Green | $0.1820 per kWh | 24 Mo | $295 | Fixed | |
G | Green Mountain | Pollution Free e-Plus 12 Preferred Green | $0.1820 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Simple Rate 12 | $0.1820 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Simple Rate 12 | $0.1820 per kWh | 12 Mo | $150 | Fixed | |
D | Discount Power | Bill Credit Bundle Essential 12 Credits | $0.1830 per kWh | 12 Mo | $150 | Fixed | |
C | Cirro Energy | Bill Bonus Base 12 Credits | $0.1830 per kWh | 12 Mo | $150 | Fixed | |
J | Just Energy | Simple Value - 12 Credits | $0.1840 per kWh | 12 Mo | $175 | Fixed | |
J | Just Energy | Simple Value - 36 Credits | $0.1850 per kWh | 36 Mo | $175 | Fixed | |
F | Frontier Utilities | Saver Value 12 Credits | $0.1850 per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Eco Saver Lite 12 Green Credits | $0.1850 per kWh | 12 Mo | $150 | Fixed | |
4 | 4Change Energy | Power Maxx Saver 24 Credits | $0.1860 per kWh | 24 Mo | $20/Mo remaining | Fixed | |
J | Just Energy | Mega Saver - 12 Credits | $0.1880 per kWh | 12 Mo | $175 | Fixed | |
F | Frontier Utilities | Saver Deluxe 12 Credits | $0.1880 per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Eco Saver Advantage 12 Green Credits | $0.1880 per kWh | 12 Mo | $150 | Fixed | |
A | APGE | High Usage Saver12 Credits | $0.1890 per kWh | 12 Mo | $150 | Fixed | |
A | APGE | Ultra Flex 1 | $0.1900 per kWh | 1 Mo | None | Fixed | |
A | APGE | High Usage Saver13 Credits | $0.1910 per kWh | 13 Mo | $250 | Fixed | |
F | Frontier Utilities | Saver Premier 12 Credits | $0.1930 per kWh | 12 Mo | $150 | Fixed | |
G | Gexa Energy | Eco Saver Premier 12 Green Credits | $0.1940 per kWh | 12 Mo | $150 | Fixed | |
D | Discount Power | Bill Credit Bundle 2000 kWh 24 Credits | $0.1950 per kWh | 24 Mo | $295 | Fixed | |
D | Discount Power | Bill Credit Bundle 2000 kWh 12 Credits | $0.1950 per kWh | 12 Mo | $150 | Fixed | |
C | Cirro Energy | Bill Bonus Saver 12 Credits | $0.1950 per kWh | 12 Mo | $150 | Fixed | |
C | Cirro Energy | Bill Bonus Saver 24 Credits | $0.1950 per kWh | 24 Mo | $295 | Fixed | |
A | APGE | High Usage Saver24 Credits | $0.1950 per kWh | 24 Mo | $250 | Fixed | |
T | TXU Energy | Ultimate Season Pass 12 | $0.1960 per kWh | 12 Mo | $150 | TOU | |
T | TXU Energy | Ultimate Season Pass 12 | $0.1960 per kWh | 12 Mo | $150 | TOU | |
R | Rhythm Energy | Watt a Deal 12 Green Credits | $0.1960 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
E | Energy Texas | The Texas Two-K 12 Green Credits | $0.1960 per kWh | 12 Mo | $20/Mo remaining | Fixed | |
P | Payless Power | 12 Month - Prepaid - No Deposit & No Credit Check Credits | $0.1970 per kWh | 12 Mo | $49 | Prepay | |
P | Payless Power | 6 Month - Prepaid -No Deposit & No Credit Check Credits | $0.1980 per kWh | 6 Mo | $49 | Prepay | |
A | APGE | High Usage Saver36 Credits | $0.1990 per kWh | 36 Mo | $350 | Fixed | |
T | TXU Energy | Flex Forward | $0.2020 per kWh | 1 Mo | None | Fixed | |
T | TXU Energy | Flex Forward | $0.2020 per kWh | 1 Mo | None | Fixed | |
T | TXU Energy | Solar Saver 12 Credits | $0.2070 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Solar Saver 12 Credits | $0.2070 per kWh | 12 Mo | $150 | Fixed | |
R | Reliant | Power Savings 2,000 kWh 24 plan Credits | $0.2130 per kWh | 24 Mo | $295 | Fixed | |
J | Just Energy | Mega Saver - 24 Credits | $0.2150 per kWh | 24 Mo | $175 | Fixed | |
R | Reliant | Power Savings 2,000 kWh 12 plan Credits | $0.2170 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Saver's Discount 12 Credits | $0.2200 per kWh | 12 Mo | $150 | Fixed | |
T | TXU Energy | Saver's Discount 12 Credits | $0.2200 per kWh | 12 Mo | $150 | Fixed | |
G | Green Mountain | Pollution Free Green Savings Plus 24 Preferred Green Credits | $0.2270 per kWh | 24 Mo | $295 | Fixed | |
T | TXU Energy | Saver's Discount 24 Credits | $0.2320 per kWh | 24 Mo | $295 | Fixed | |
T | TXU Energy | Saver's Discount 24 Credits | $0.2320 per kWh | 24 Mo | $295 | Fixed | |
D | Direct Energy | Twelve Hour Power 12 Credits | $0.2360 per kWh | 12 Mo | $150 | TOU |
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?
Compare Power 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. Compare Power 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 (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. Compare Power 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 https://www.bbb.org/houston/business-reviews/electric-companies/v247-power-corporation-in-houston-tx-90013975.
- Read customer complaints about https://www.puc.texas.gov/consumer/electricity/graph.aspx?TXT_KEY=RESQL01DB1245544000001&TXT_BEGIN=10/1/2017&TXT_END=3/31/2018
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Electricity rates by popular cities in Texas
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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.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities