Energy Provider Comparison: True Power vs Ohmconnect Energy – Who Wins?
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BKV Energy vs True Power vs Ohmconnect Energy – Who Has the Best Electricity Plans?
Thinking about switching to True Power or Ohmconnect Energy? Compare them to BKV Energy first. Enter your zip code for current BKV rates or scroll down for side-by-side pros and cons.
Energy provider comparison criteria
True Power vs Ohmconnect Energy: What plans do they offer?
In the Texas electricity market, you can find a wide variety of plan types, including the following:
- Fixed Rate: Fixed rate plans lock in an energy charge for the duration of your contract.
- Variable Rate: The energy charge is subject to change each month based on changes to wholesale electricity prices.
- Solar Buyback: Plans that allow you to sell energy back to the grid from solar panels installed on your property.
- Bill Credit: A common electricity plan gimmick that disguises high energy charges with a bill credit.
- Time-of-Use: Time-of-use plans offer different energy charges based on the time of day or day of the week. The most common are “free nights” and “free weekends” — watch out for these gimmicky plans because free electricity at night or on the weekend often means much higher energy charges during the day or during the week.
- Base Charge: Plans that include monthly base charges. An extra fee added to your bill no matter how much electricity you consume.
- Usage Fee: Plans that include usage fees. These extra costs are added to bills when you use the “wrong” amount of energy during a billing period.
| Provider | Plan Types |
|---|---|
| True Power | Fixed, Base Charge |
| Ohmconnect Energy | Fixed, Time of Use, Base Charge |
| BKV Energy | Fixed Rate |
Plan term lengths explained
Contract length is an important consideration when choosing an electricity plan. We recommend selecting a plan that allows you to renew in the spring or fall, as those months often have the best available prices.
| Provider | Term lengths |
|---|---|
| True Power | 12, 15, 18, 24, 36 or Months |
| Ohmconnect Energy | 12, 16, 24, 36 or Months |
| BKV Energy | 12, 24, or 36 months |
Environmentally friendly electricity options
Texas electricity providers offer a wide range of plans with varying renewable energy percentages. Compare the renewable plan options between True Power, Ohmconnect Energy, and BKV Energy.
| Provider | Renewable energy options |
|---|---|
| True Power | 15% renewable |
| Ohmconnect Energy | 27.6% to 100% renewable |
| BKV Energy | 29% to 100% Renewable |
How referral programs work
Compare the referral programs and referral rewards of True Power, Ohmconnect Energy, and BKV Energy.
| Provider | Referral amount | Referral limits |
|---|---|---|
| True Power | No referral program advertised | N/A |
| Ohmconnect Energy | Get cash (unspecified) for each referral | Unlimited |
| BKV Energy | Give $50 get $50 (bill credit) | Unlimited |
Coverage map and service regions
There are six major service regions within the deregulated ERCOT market, each serviced by its own transmission and distribution utility (TDU).
- Oncor: Dallas, Fort Worth, Waco, Temple, Round Rock, Midland, Odessa
- CenterPoint: Houston, Beaumont
- Texas-New Mexico Power: League City, Glen Rose, Pecos, Angleton
- AEP North: Abilene, San Angelo, Vernon
- AEP Central: Corpus Christi, McAllen, Victoria, Laredo, Harlingen
- Lubbock Power & Light: Lubbock
| Provider | Service Areas |
|---|---|
| True Power | Oncor, CenterPoint, Texas-New Mexico Power, AEP North, AEP Central, Lubbock Power & Light |
| Ohmconnect Energy | Oncor, CenterPoint, Texas-New Mexico Power, AEP North, AEP Central, Lubbock Power & Light |
| BKV Energy | Oncor, CenterPoint, Texas-New Mexico Power, AEP North, AEP Central, Lubbock Power & Light |
Breakdown of usage-based charges
Usage fees are extra costs added to bills when kWh consumption is either “too high” or “too low” during a billing period. In the case of a minimum usage fee, if you use less than the specified kWh amount, an electricity provider may tack another fee onto your bill. It’s generally recommended to avoid electricity plans that charge usage fees.
| Provider | Usage fees |
|---|---|
| True Power | No usage fees |
| Ohmconnect Energy | No usage fees |
| BKV Energy | No usage fees |
Breakdown of standard service fees
Base charges are extra costs added to every bill, regardless of how much electricity is used during that billing period. We recommend finding a provider and a plan that does not include base charges in the contract.
| Provider | Base charges |
|---|---|
| True Power | No base charges |
| Ohmconnect Energy | No base charges |
| BKV Energy | No base charges |
Cost of canceling your electricity plan early
Early termination fees (or early cancellation fees) may be charged when you decide to cancel a plan before the end of the contract. Texas electricity providers typically charge ETFs in one of two ways. First, some providers will charge a flat cancellation fee that remains the same no matter how far you are into your contract. Second, other providers, like BKV Energy, will charge a cancellation fee that decreases the longer you remain a customer. This often makes switching providers less costly if you switch to a different provider early.
| Provider | Early Termination Fees |
|---|---|
| True Power | $300 fee |
| Ohmconnect Energy | Ranges from $150 to $250 depending on contract length |
| BKV Energy | $20 per remaining month |
Provider profile and company details
Let’s compare basic company information and history for True Power, Ohmconnect Energy, and BKV Energy side-by-side.
| True Power | Ohmconnect Energy | BKV Energy |
|---|---|---|
| Year Founded 2020 | Year Founded 2011 | Year Founded 2022 |
| CEO Jonathan Bolles | CEO Cadir Lee, Matt Duesterberg and Curtis Tongue | CEO Chris Kalnin |
| CEO 10287 | CEO 10280 | PUCT PUCT 10323 |
| Company Bio True Power is a retail electricity provider for deregulated areas throughout Texas. We provide homes and business with electricity service through price-protection, exceptional service, and a state-of-the-art customer portal. Our customer-centric attitude is what pushes us to be a premium energy option for people throughout Texas. True Power also has a robust in-house sales team that provides solutions and white-glove service to meet the needs of small and large commercial properties alike. Basically, we are a dependable company dedicated to customers based on transparency and trust. | Company Bio OhmConnect first began in 2014 when three people in different stages of life – and with wildly different work experience – came together to focus on what they all considered (and still consider) to be the paramount challenge to the human race: long-term, sustainable energy. With backgrounds in technology, energy markets and consumer marketing respectively, Cadir Lee, Matt Duesterberg and Curtis Tongue set up shop in a basement office in San Francisco and since then have grown a team of smart, creative, and passionate folks across North America, who are the fabric of the OhmConnect culture. | Company Bio BKV Energy is a Texas-based electricity provider committed to delivering reliable and affordable energy solutions to households across the state. Our business model is distinguished by the absence of monthly base charges, usage requirement fees, and gimmicky plans, ensuring straightforward, fixed-rate pricing structures. We prioritize transparency and simplicity, aiming to educate and empower consumers to make informed energy choices. Our fixed-rate plans offer price stability, aiding customers in effective energy budgeting. Additionally, we collaborate with our clientele to promote reduced energy consumption and cost savings. Notably, customers dissatisfied within the initial 30 days of service can terminate their contracts without incurring any cancellation fees. |
Why you should switch to BKV Energy
BKV Energy offers simple, transparent, and straightforward fixed-rate Texas electricity. Our Bluebonnet plan is customizable by term length and renewable energy percentage. There are no extra costs such as base charges, usage fees, or setup/bundle fees. Additionally, enjoy access to Premier+ Benefits. This program comes with amazing benefits such as:
- Reduce Your Rate: If market prices fall after you enroll, you can switch to a lower-priced plan at no cost. With Reduce Your Rate, we’ll notify you when there are opportunities to save!
- ElectroShare: Get paid every November with ElectroShare. The longer you’re a customer the more you earn.
- VoltPoints: 25 reward points per month. Enter to win daily, weekly, and monthly prizes up to $1,000.
- Save Now Pay Later: Bill payment flexibility! Skip your next bill and pay it off in equal installments over the next six months.
- Contract Consultation: Chat with a Texas energy expert to find the best BKV Energy renewable plan based on market insights including weather, seasonality, and wholesale prices.
- 30-Day Power Pilot: Try BKV Energy’s Bluebonnet plan risk-free for 30 days. No early cancellation fee in the first 30 days.
Compare more Texas electricity providers
Switching to BKV Energy is simple
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Texans love BKV Energy
So far BKV has the best rates I’ve found and no base fee. As I landlord I like the option of signing up for 3 months at locked in rate and if things go well and I get a renter in earlier it’s only a $20 month cancellation. After snowpocalypse in Texas last year people with a variable rate got astronomical bills!
BKV Energy is a good choice for electric co. I have been very pleased. They communicate via email. As busy as I am, it is nice to get emails reminding me my bill is due. Things like that. And I get rewards just for being a customer. I just received a virtual debit card worth $45. Thanks BKV.
How to switch to BKV Energy
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1
Enter your zip code to start shopping plans in your neighborhood.
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Select desired term length and renewable percentage.
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Enter your address, account info, and select convenience features.
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