Power Wizard is an independent electricity marketplace offering clear and unbiased information. The companies featured do not influence our editorial process, even when we showcase their products. Check our editorial process and how we make money.
Mega Energy
Mega Energy is no longer operating as a Retail Electric Provider (REP) in Texas.
What Was Mega Energy?
Mega Energy was a Retail Electric Provider (REP) that supplied electricity to customers in deregulated areas of Texas.
In 2013, Mega Energy stopped operating as a Retail Electric Provider in Texas after transferring its customers to TXU Energy.
Prior to leaving the market, the company provided electricity service to residential and commercial customers throughout deregulated areas of the state.
What Made Mega Energy Different From Other REPs?
Mega Energy promoted a variety of electricity plans and value-added protection products for residential and business customers.
The company offered:
- Residential electricity plans
- Apartment electricity plans
- Small business electricity plans
- Protection plans for appliances and home systems
Additional protection products included coverage options for:
- Home appliances
- Office equipment
- Plumbing systems
- Surge protection
Mega Energy Rates
Mega Energy no longer offers electricity plans in Texas.
Below is a list of active retail electric providers currently available through the Power Wizard marketplace.
| Plan Name | ¢/kWh | Est. Bill | Term | Rating |
|---|---|---|---|---|
| APG&E - SimpleSaver 11 | 6.3¢ | $63.00 | 11 mos. | 4.8 |
| Gexa Energy - Gexa Eco Saver Plus 10 | 6.4¢ | $64.00 | 10 mos. | 5 |
| Companion Energy - Companion Savings + Benefits 12 | 6.5¢ | $65.00 | 12 mos. | 4.3 |
| Frontier Utilities - Frontier Saver Plus 12 | 6.5¢ | $65.00 | 12 mos. | 4.8 |
| 4Change Energy - Maxx Saver Value 12 | 6.5¢ | $65.00 | 12 mos. | 4.9 |
| Energy Texas - The Lone Saver Plus 12 | 6.6¢ | $66.00 | 12 mos. | 4.7 |
| Express Energy - Flash Value 12 | 6.8¢ | $68.00 | 12 mos. | 4.7 |
| Chariot Energy - GridPlus 12 | 6.9¢ | $69.00 | 12 mos. | 4.4 |
| Rhythm Energy - Rhythm Max Saver 24 | 7.4¢ | $74.00 | 24 mos. | 4.8 |
| Octopus Energy - Octopus Lite 12 | 8.8¢ | $88.20 | 12 mos. | 4.1 |
Mega Energy Reviews
Customer reviews often provided insight into service quality, billing practices, and overall customer satisfaction. Like most review platforms, feedback tended to reflect either especially positive or especially negative experiences.
Before Mega Energy exited the Texas market, reviews and ratings were available through:
- Yelp
- Consumer Affairs
- Better Business Bureau (BBB)
Consumers researching the company’s history may still find archived reviews, ratings, and complaints on those platforms.
Mega Energy Plans
Mega Energy offered several electricity plan options for residential customers.
Fixed-Rate Plans
Fixed-rate plans included:
- A locked electricity rate for the duration of the contract
- Protection from market-driven price increases during the contract term
- More predictable monthly electricity costs
As with most fixed-rate plans, customers who ended service before their contract expired could have been subject to an early termination fee (ETF), depending on the terms of the agreement.
Variable-Rate Plans
Variable-rate plans featured:
- Pricing influenced by wholesale electricity market conditions
- Rates that could change from month to month
- Greater flexibility than long-term contracts
While customers could benefit when market prices were lower, monthly costs could increase when wholesale electricity prices rose.
Market-Based Pricing Options
Mega Energy also offered plans with pricing tied to broader market conditions.
Under these plans, rates could move up or down based on external factors affecting electricity markets, resulting in less predictable monthly costs.
Free Pass Plans
Free Pass plans were structured to provide:
- Free electricity during a customer’s seven highest-usage days each month
- Pricing models designed around monthly consumption patterns
As with any usage-based incentive plan, customers needed to review the Electricity Facts Label (EFL) carefully to understand how rates applied during non-promotional periods.
Free Nights and Solar Days Plans
These plans included:
- Free electricity during designated nighttime hours
- Daytime electricity supported by solar energy resources
- No rooftop solar installation requirement
Customers considering these plans generally benefited from comparing their usage patterns against the plan’s pricing structure to determine potential savings.
Solar Saver Plans
Solar Saver plans provided:
- Access to electricity supported by solar energy resources
- Price-protected energy rates
- Monthly bill credits under qualifying conditions
Mega Energy Business Plans
Mega Energy offered commercial electricity solutions for:
- Small businesses
- Medium-sized businesses
- Large businesses
- Builders and property management companies
Business plans were designed to help organizations manage electricity costs and identify opportunities for energy savings.
Mega Energy Customer Service
While Mega Energy was operating, customers could contact the company for billing questions, account assistance, and service-related support.
Customer service options included:
- Phone support
- Online customer support
- Billing assistance
- Service-related support
Mega Energy Pay Bill
While Mega Energy was operating, customers could pay their electricity bills using several methods, including:
- Online payments
- In-person payments
- Phone payments
- Bank bill-pay services
- Mail-in payments
Customers could also manage billing information and account services through the company’s online account portal.