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Think Energy
Think Energy is a Retail Electric Provider (REP) offering fixed-rate renewable electricity plans, along with energy management programs, smart thermostat incentives, and technology-driven tools designed to help customers manage their energy use.
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.
| Plan Name | ¢/kWh | Est. Bill | Term | Rating |
|---|---|---|---|---|
| APG&E - SimpleSaver 12 | 6.8¢ | $68.00 | 12 mos. | 4.8 |
| Energy Texas - The Lone Saver Plus 12 | 7.0¢ | $70.00 | 12 mos. | 4.7 |
| 4Change Energy - Maxx Saver Value 12 | 7.0¢ | $70.00 | 12 mos. | 4.9 |
| Rhythm Energy - Rhythm Max Saver 12 | 7.0¢ | $70.00 | 12 mos. | 4.8 |
| Companion Energy - Companion Savings + Benefits 12 | 7.0¢ | $70.00 | 12 mos. | 4.3 |
| Frontier Utilities - Frontier Saver Plus 12 | 7.0¢ | $70.00 | 12 mos. | 4.8 |
| Gexa Energy - Gexa Eco Saver Plus 12 | 7.0¢ | $70.00 | 12 mos. | 5 |
| Express Energy - Flash Value 12 | 7.0¢ | $70.00 | 12 mos. | 4.7 |
| Chariot Energy - GridPlus 12 | 7.2¢ | $72.00 | 12 mos. | 4.4 |
| Octopus Energy - Octopus Lite 12 | 8.8¢ | $88.20 | 12 mos. | 4.1 |
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 | |
| Customer Service |  3.25 |
| Online Accessibility |  5 |
| Plan Options | 3.33 |
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 | |||
| 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.