Texpo Energy

About Texpo Energy

With their main offices in Houston, Texas, Texpo Energy offers electricity services 3 states in the United States and is classified as a retail power marketer. At the moment, 40,417 consumers are supplied electricity by the provider. These customers are a mix of 37,318 residential customers and 3,099 commercial accounts. Texpo Energy's customers pay an average residential electricity rate of 5.83 cents per kilowatt hour, which is 57.38% lower than the nationwide average rate of 13.67 cents. The company sold 907,546 megawatt hours in 2020 through traditional retail sales. The electricity they sourced was made up of megawatt hours purchased by way of wholesale channels. They purchased 907,546 megawatt hours on the wholesale market. The company made $53,692,000 in total revenue from electricity-related activities in 2020 through sales to retail end-users alone.

The national average monthly residential power bill is $120.97, while the Texpo Energy average is 26.49% less at $88.93 per month. This is the 665th lowest average monthly bill amount for a provider in the US. Electricity generation is not part of the Texpo Energy business model, as they purchase electricity at wholesale rates to then be resold to their consumers.