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Entrust Energy is no longer in business. In 2021 the company file for bankruptcy in the Southern District of Texas.
Entrust Energy was a Retail Electric Provider (REP) in Texas. They were a privately-owned company headquartered in Houston, TX, and were founded in 2010.
This company provided both residential and commercial plans to properties in the following states:
Entrust Energy demonstrated its commitment to being involved in its community with the Entrust Energy Engage Community Program.
The program included outreach events, volunteer programs, community projects, and charity programs that its employees and customers could participate in regularly.
Some of their community partnerships included Big Brothers Big Sisters, Habitat for Humanity, the Houston Food Bank, Toys for Tots — just to name a few.
Entrust Energy also created programs that offered customers the opportunity to save and even earn money.
One such program was the Military and Veteran Discount Program, which offered military personnel and veterans a $5 bill credit each month.
Another program was Refer-a-Friend, which allowed customers to earn a $50 credit for each new customer they referred to any Entrust Energy electricity plan.
Lastly, Entrust Energy assisted customers who were experiencing financial hardship by waiving the initial deposit and any other upfront costs to begin electricity services.
While Entrust Energy had many benefits, the electricity market in Texas is still very confusing. How can you be 100% sure that Entrust Energy was the best company for you?
You can find active retail electricity providers and plans below:
| Provider | Plan | ¢/kWh | Est. Monthly Bill | Term | Rating | Checkout Link |
|---|---|---|---|---|---|---|
| APG&E | SimpleSaver 12 | 7.2¢ | $72.00 | 12 months | 4.2 | Checkout |
| 4Change Energy | Maxx Saver Value 12 | 7.4¢ | $74.00 | 12 months | 4.9 | Checkout |
| Express Energy | Flash Value 12 | 7.4¢ | $74.00 | 12 months | 4.7 | Checkout |
| Companion Energy | Companion Savings + Benefits 12 | 7.4¢ | $74.00 | 12 months | 4.3 | Checkout |
| Gexa Energy | Gexa Eco Saver Plus 12 | 7.4¢ | $74.00 | 12 months | 4.8 | Checkout |
| Frontier Utilities | Frontier Saver Plus 12 | 7.4¢ | $74.00 | 12 months | 4.8 | Checkout |
| Energy Texas | The Lone Saver 14 | 7.9¢ | $79.30 | 14 months | 4.7 | Checkout |
| Rhythm Energy | Rhythm Saver 14 | 7.9¢ | $79.30 | 14 months | 4.8 | Checkout |
| Octopus Energy | Octopus Lite 12 | 8.0¢ | $80.30 | 12 months | 4.1 | Checkout |
| Chariot Energy | GridEdge 36 | 11.4¢ | $114.00 | 36 months | 4.4 | Checkout |
In 2002, the Texas state legislature decided to deregulate the electricity market, which means that companies can provide electricity directly to consumers.
As a result, privately-owned Retail Electric Providers (REPs) have sprung up all over Texas in the past ten years, making the electricity market in Texas more competitive over time.
Maybe you are realizing that other electricity companies offer competitive plans and rates that may allow you to save money.
And now…
You are considering making the switch to a new electricity company.
So how do you begin the process of changing companies?
It can be an overwhelming and complicated task depending on how you decide to make the switch.
Essentially, there are some important considerations that you must evaluate when you are deciding whether changing electricity companies is a good option for you:
As you can see, there is a lot to think about. It can be daunting to do so objectively on your own.
However, it doesn’t have to be. With Power Wizard you find and compare plans from top energy providers all in one place.
If you are considering Entrust Energy as your chosen Retail Electric Provider, you should read customer reviews to learn more about the company.
As you do so, please remember:
Here are some links to read Entrust Energy reviews and ratings:
For more insight into the company, you can read reviews from both past and present employees of Entrust Energy on the Glassdoor website.
Entrust Energy offered four different electricity plans:
With the fixed-rate plan, you could decide to sign a contract for a 12, 18, 24, or 36-month plan. When you selected this type of plan, your rate was locked in for the duration of your contract with Entrust Energy.
With the variable-rate plan, your contract was month-to-month, which was great for those who needed a bit more flexibility. However, when you selected this type of plan, your rate was not locked and was based on the current market value rate of electricity at the time of your contract renewal.
With the pre-paid plans, you could avoid a credit check and/or paying a deposit to be eligible for an electricity service plan. It was a “pay-as-you-go” plan, which did not lock you into a long-term contract and gave you almost instant access to electricity.
With renewable energy plans, you could help to reduce your impact on the environment with 100% renewable energy sources. It was important to do more research on renewable energy plans to see what worked best for you and your energy needs.
When you were deciding between fixed-rate, variable-rate, pre-paid, and renewable energy plans, considering the age and size of your home, as well as your typical electricity usage would help you choose the company that was best suited for you.
Entrust Energy also offered electricity plans for businesses, which were similar to their residential plans.
However, they provided individualized quotes for business plans because every business had unique factors that should be considered.
Therefore, the commercial plan quotes were customized for the needs of your business.
Entrust Energy no longer offers customer service.
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