Think Energy Electricity Plans in Texas: Rates, Reviews & Fixed-Rate Options

Explore Think Energy electricity plans in Texas, including fixed-rate, renewable, smart thermostat, bill credit, and incentive-based plans.

Written by Christine Orlando | Reviewed By Singh Shivram
Last updated April 16, 2026

Power Wizard is an independent electricity marketplace offering clear and unbiased information. The companies and partners featured do not have any influence on our editorial process even when we showcase their products. Learn more.

Est. Year

2011

Service Areas

Deregulated areas of Texas, Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, and Washington D.C.

Plan Types

Fixed-Rate, Renewable Energy, Bill Credit (Smart Thermostat Plans)

Customer Service Hours

Monday–Friday, 8 am–8 pm EST

Think Energy Electricity Rates in Texas: What You’ll Pay

Think Energy’s electricity rates depend mainly on your chosen contract length, ZIP code, and the electricity market conditions when you enroll. This retail electricity provider (REP) offers fixed-rate plans (backed by renewable energy certificates) in multiple term lengths.

Below are plans and rates from REPs currently active on the Power Wizard marketplace. Enter your ZIP code to see what options are available in your area.

ProviderPlan¢/kWhEst. Monthly BillTermRatingCheckout Link
APG&ESimpleSaver 157.2¢$72.0015 months4.2Checkout
Octopus EnergyOctopus Lite 127.4¢$73.5012 months4.1Checkout
Companion EnergyCompanion Savings + Benefits 127.4¢$74.0012 months4.3Checkout
Frontier UtilitiesFrontier Saver Plus 127.4¢$74.0012 months4.8Checkout
Gexa EnergyGexa Eco Saver Plus 127.4¢$74.0012 months4.8Checkout
Rhythm EnergyRhythm Saver 147.4¢$74.3014 months4.8Checkout
Energy TexasThe Lone Saver 147.4¢$74.3014 months4.7Checkout
Express EnergyFlash Value 127.5¢$75.0012 months4.7Checkout
4Change EnergyMaxx Saver Value 127.5¢$75.0012 months4.9Checkout
Chariot EnergyGridEdge 3611.4¢$114.0036 months4.4Checkout
CleanSky EnergyEmbrace Green 12 - New Customer Special13.2¢$132.0012 months3.6Checkout
Veteran EnergyValor 1213.4¢$134.0012 months4.7Checkout
Atlantex PowerLuminous 1414.0¢$139.8014 months3.8Checkout
Payless Power12 Month - prepaid17.9¢$179.0012 months3.4Checkout
*Updated on 04/16/2026, 10:43:53 AM CDT for ZIP Code 77003. Pricing and plan offerings are subject to change. Monthly bill estimates are based on 1000 kWh usage. Actual bills may vary based on usage patterns and additional fees.

Who Is Think Energy? Company Background & Ownership

Think Energy is an energy technology company and Retail Electric Provider (REP) originally launched in 2011. In late 2022, the company was acquired from the ENGIE Group by Energywell, LLC, an energy technology platform headquartered in Houston, Texas. Under this new ownership, Think Energy has shifted its focus toward integrating proprietary technology with simple, fixed-rate renewable energy plans to support a sustainable energy transition.

The company serves residential and small business customers across deregulated markets in 13 states and the District of Columbia.

Think Energy offers several specialized programs and incentives designed to differentiate its service from traditional providers:

  • The ThinkSmart Program: Exclusive to Texas, this program rewards customers with $10 in monthly bill credits (up to $120 per year) for connecting a compatible Wi-Fi-enabled smart thermostat (Ecobee, Honeywell, or Resideo) to their account.
  • $100 Cash Gift Card: New customers who enroll in qualifying plans may be eligible for a $100 gift card. To qualify, customers must remain active for at least six months, pay their bills on time, and use at least 1,800 kWh of electricity during that initial six-month period.
    • Note: AutoSave, Maryland, and New York customers are generally ineligible for this promotion.
  • AutoSave: Currently available in Delaware, Illinois, Ohio, New Jersey, Pennsylvania, and Washington, D.C. This program automatically compares Think Energy’s rates to the local utility’s “Price to Compare” and ensures customers always pay the lower supply rate.

Think Energy Reviews: Customer Feedback & Power Wizard Ratings

Think Energy reviews on platforms like Google show a mix of customer experiences. Many reviewers highlight easy enrollment and predictable fixed rates, while others mention billing questions or issues with contract clarity. When Power Wizard reviews electricity companies, we focus on what matters most to Texans: customer service, digital ease of use, and plan variety.

Power Wizard Think Energy Rating Breakdown

Overall PowerWizard Score Rating Scale (1-5)
Overall Score
3.86
Customer Service 3.25
Online Accessibility 5
Plan Options 3.33
*Ratings are based on a scale of 1 through 5, with 5 being the highest. These scores are determined by Power Wizard’s comprehensive evaluation of customer feedback, industry data, and our own expert analysis. Learn more.

Think Energy Electricity Plans Explained

Think Energy offers fixed-rate electricity plans backed by Renewable Energy Credits (RECs). Pricing details, fees, and contract terms vary by plan, so be sure to read the Electricity Facts Label (EFL) before enrolling.

Fixed-Rate Electricity Plans (12- and 36-Month Contracts)

Think Energy’s core offering is fixed-rate electricity plans with 12 or 36-month contracts. Your energy rate stays the same for the entire contract, regardless of seasonal demand or market changes, making these plans a strong fit for customers who value stability and predictable pricing.

Pros:

  • Locked-in rate for contract duration
  • Protection from market price swings
  • Simple, predictable billing

Cons:

  • $200 Early Termination Fee (ETF) applies to all plans
  • No benefit if market prices drop

Renewable Electricity Plans (100% Renewable via RECs)

All of Think Energy’s electricity plans (excluding those offered in Connecticut) are powered by 100% renewable energy through RECs. These plans support clean energy generation without requiring any specialized equipment or habit changes.

Pros:

  • Built into all fixed-rate plans with no added fees
  • No equipment or installation required

Cons:

  • Limited smart thermostat compatibility
  • Only long-term contract options

Bill Credit Electricity Plans With Smart Thermostat Rewards

Think Energy also offers a fixed-rate electricity plan that rewards customers with $10 in monthly bill credits when they connect an active Ecobee, Honeywell, or Resideo smart thermostat.

Pros:

  • Fixed-rate pricing with renewable energy
  • Automatic monthly bill credits for eligible smart thermostats
  • No minimum or maximum usage thresholds

Cons:

  • Requires a compatible smart thermostat
  • Only offered as a 12-month contract

Think Energy Business Electricity Plans

Think Energy offers fixed-rate electricity plans with custom pricing for small businesses. Businesses must fill out the REP’s online form to confirm their eligibility and explore their options.

Need help finding the right energy plan for your operations? Visit Power Wizard’s Business Electricity Page to be connected with an energy expert.

Think Energy vs Other Texas Electricity Providers

Still unsure whether Think Energy is the best electricity provider for your household? Check out how they stack up to the competition:

Feature Think Energy Champion Energy Energy Texas
Overall Rating
3.86
4.28
4.7
Plan Types Fixed-rate, green energy, bill credit, small business Fixed-rate, EV charging, time-of-use, solar buyback, senior plans, business Fixed-rate and bill credit
Top 12-month Plan Think Clean 12 with Smart Thermostat Connected Champ Saver – 12 Come & Take It 12
Best Feature Simple, 100% renewable electricity plans, $10 bill credit + $100 cash gift card upon enrollment for eligible customers Great customer service, user-friendly online tools, and a referral program 100% renewable electricity plans, 30-day Test Drive (satisfaction guarantee) and transparent pricing

Think Energy Service Areas by State

Think Energy serves residential and small business customers in deregulated areas of Texas, Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, and Washington D.C.

Texas Transmission & Distribution Utilities (TDUs)

In Texas, they serve the following Transmission & Distribution Utilities (TDUs):

  • Oncor Electric Delivery: Includes cities like Dallas, Fort Worth, Arlington, Plano, Waco, Tyler, Wichita Falls, Midland, and Odessa.
  • CenterPoint Energy: Includes cities like Houston, Sugar Land, Baytown, Galveston, and Pasadena.
  • AEP Texas: Includes cities like Corpus Christi, Laredo, McAllen, Abilene, San Angelo, and Alpine.
  • Texas-New Mexico Power (TNMP): Includes cities like Texas City, Alvin, Angleton, Dickinson, and Friendswood.

Available plans and offers may vary by ZIP code.

Is Think Energy Right for You?

If any of the following sound like you, Think Energy might be a good fit:

  • You prefer fixed-rate electricity plans and easy budgeting
  • You’re interested in built-in renewable energy
  • You have an Ecobee, Resideo, or Honeywell smart thermostat
  • You’re seeking simple, easy-to-understand plans

Want to see more electricity plan options? Enter your ZIP code into Power Wizard’s comparison tool!

Think Energy FAQs


You can contact Think Energy by calling 1-888-923-3633 Monday through Friday from 8 AM to 8 PM EST. Customer service can also be reached by emailing care@thinkenergy.com.


Yes, Think Energy electricity plans have a $200 cancellation fee if you cancel your contract before it expires. Certain exceptions (like moving) can apply.


Yes, like most REPs, Think Energy runs a soft credit check during the enrollment process. This does not affect your credit score but may be used to determine whether an initial deposit is required.


Yes, all of Think Energy’s electricity plans (except for Connecticut customers) are backed by 100% renewable solar, hydro, and wind energy.


Think Energy offers 12 to 36-month fixed-rate contract terms.


Yes, Think Energy offers electricity plans for small businesses. Commercial customers must complete an online form to confirm eligibility and view their options.

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