Evolve Energy

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About Evolve Energy

Evolve Energy is a retail power marketer. The largest county served by Evolve Energy is Harris County, but the company also operates in in 196 counties in the state of Texas. The supplier has 258 residential customer accounts in their service area. On average, Evolve Energy's consumers purchase residential electricity for 8.79 cents per kilowatt hour. This is 37.71% below the US average price of 14.11 cents, ranking the company at 242nd lowest for average electricity price out of 2923 providers in the US. Roughly 4,184 megawatt hours were sold by the company to retail accounts in 2020. The electricity sourced by Evolve Energy is made up of primarily wholesale purchased megawatt hours, with 4,184 purchased by the company. Their total revenue in 2020 was $367,800 and came only through electricity sales to retail customers.

The United States average monthly residential electric bill is $125.95, while the Evolve Energy average is 5.68% lower at $118.8 per month. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.

Evolve Energy Rate & Electric Bills

Evolve Energy residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.088/kWh$0.081/kWh$118.80/mo.$34.38/mo.
242nd8.79¢Evolve Energy's Average residential price per kWh
1762nd$118.8Average monthly electricity bill for Evolve Energy's residential customers

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Evolve Energy Overview

  • Company Type:Retail Power Marketer
  • Parent Company:Octopus Energy US
  • Headquarters:114 Main Street, Suite 500
    Houston, Texas 77002
    United States of America
  • CEO:Michael Lee

Evolve Energy Contact

Evolve Energy Service

    Go Solar for as low as $0 down and $79/mo

    Energy provider of the year for Texas, Mid-Sized Provider Category
    Top 3 Lowest Average Residential Monthly Bill
    Texas, Mid-Sized Provider Category
    Claim Award

    Evolve Energy Coverage Map

    Coverage Map Placeholder

    Evolve Energy State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Texas258367,800233100%

    Evolve Energy County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Anderson County57,9225310.60$126.53/mo
    Andrews County18,6105410.63$126.28/mo
    Angelina County86,3955410.59$126.31/mo
    Aransas County23,8305210.50$126.23/mo
    Archer County8,5605610.59$126.02/mo
    Atascosa County48,9815310.44$125.87/mo
    Austin County30,1675010.34$123.91/mo
    Bastrop County97,2165510.67$127.04/mo
    Baylor County3,4655610.56$126.42/mo
    Bee County31,0475310.50$126.20/mo

    Cities Evolve Energy Has Coverage

    * City coverage generated based on government data. Always verify you can get service from the provider.

    Evolve Energy Reviews

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    Evolve Energy FAQ:

    Does Evolve Energy have a parent company?

    Evolve Energy is owned by Octopus Energy US.

    Who is the CEO of Evolve Energy?

    The CEO of Evolve Energy is Michael Lee.

    How much is the average bundled bill for Evolve Energy customers each month?

    Customers of Evolve Energy pay, on average, a monthly bundled bill of $118.80.

    What is the average bundled electricity rate for Evolve Energy customers?

    The average bundled rate of electricity for customers of Evolve Energy is 8.79 cents per kilowatt hour (¢/kWh).

    How many counties does Evolve Energy supply electricity in?

    Evolve Energy offers service to customers in 196 counties.

    What is the phone number for Evolve Energy?

    The Evolve Energy phone number is (833) 628-6888.

    What cities does Evolve Energy provider electricity in?

    Evolve Energy serves electricity to 1032 cities throughout the nation including Texas.

    Last Reviewed By: Fernando García
    Published: 2022-08-01