New report rates best electric companies and renewable energy plans

energy plans

Choose Texas Power has ranked its top electric providers, most affordable green energy providers and more. Photo via unspalsh.

Choose Texas Power—a marketplace that allows users to view and compare electricity plans, providers and rates in the state—has compiled its Best Texas Electric Companies report.

The data-driven list considers pricing, providers and consumer trends, and rates for companies listed on its marketplace. The report was updated earlier this month.

Choose Texas Power rated the Texas energy companies using its proprietary data and online reviews, and gave each company a score from zero to five based on customer service, accessibility and plan variety.

Houston-based Express Energy tied for first place on the list with DFW-based TXU Energy, 4Change Energy and Veteran Energy. Eight other Houston-area companies made the 10. The companies all received a rating of 5 out of 5.

The full list includes:

Houston-based Gexa Energy (4.9)
Irving-based TriEagle Energy (4.9)
Houston-based Frontier Utilities (4.8)
Spring-based Atlantex Power (4.6)
Houston-based Rhythm Energy (4.6)
Houston-based Green Mountain Energy (4.5)
Houston-based Reliant Energy (4.3)
Houston-based Direct Energy (4.2)
Houston-based APG&E Energy (4.2)
Houston-based Discount Power (4)
Plano-based Cirro Energy (4)
Fort Worth-based Payless Power (3.9)

Choose Texas Power also broke down the best companies for specific customer needs.

Best for affordable green energy: Gexa Energy
Best for 100% renewable energy: Rhythm Energy
Green energy plans for low usage: Green Mountain Energy
Best for smart home upgrades: Discount Power
Best for straightforward energy plans: TriEagle Energy
Best for plan variety: TXU Energy
Best for simple contract terms: Express Energy

Find the full report here.

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Silambam Houston will use the funding to create the Green Mountain Energy Sun Club Sustainability Pavilion. Photo courtesy of Green Mountain

Houston organization grants funding to local arts center to make sustainable updates to facilities

solar-powered spotlight

Green Mountain Energy Sun Club has supplied a grant of nearly $103,000 to a local Indian arts center to make sustainable improvements to its facilities.

Silambam Houston will use the grant to help with the installation of a rooftop solar array and a new pavilion at its Pearland dance studio, which will be called The Green Mountain Energy Sun Club Sustainability Pavilion. The venue will serve as an outdoor gathering space for events at the facility.

“At Green Mountain Energy, we recognize that our choices can have a profound impact on our environment,” Mark Parsons, Green Mountain Energy vice president, says in a news release. “We’re proud to support the rich and diverse culture of the Indian community, and we’re glad to help Silambam take the next step toward a more sustainable future.”

The 14.58 kW solar structure is expected to offset 100 percent of the building’s energy needs, which would save the organization more than $4,000 per year for the next 25 years. Sun Club has donated more than $14 million for 164 projects across Texas and the Northeast since it was founded in 2022.

Silambam is an Indian classical arts organization with an arts academy program that serves 180 students each week with more than 20 teaching artists on staff. The professional dance company has more than 20 dancers that regularly perform at Houston venues like Miller Outdoor Theater where they will perform next on June 7.

“We are thrilled to be able to weave sustainable practices into our arts programming, while also giving back to the community,” founder and executive artistic director of Silambam Dr. Lavanya Rajagopalan said in a news release. “The annual savings from this project will allow us to increase artist pay, provide tuition waivers for economically disadvantaged students, and/or provide free or pay-what-you-can access to our ArtStream Concerts, all while benefiting the environment.”

Silambam Houston will use the grant to help with the installation of a rooftop solar array and a new pavilion at its Pearland dance studio. Photo courtesy of Green Mountain

Discovery Green's Earth Day event generated more than 3,800 pounds of garbage — and over 90 percent of it was diverted from landfills. Photo courtesy of Discovery Green

Houston organization celebrates zero waste goal

earth day win

Discovery Green celebrated Earth Day with a major milestone this year — achieving it’s Zero Waste goal.

The nonprofit, along with Citizens’ Environmental Coalition and Houston Public Works, are announced that the 2024 Green Mountain Energy Earth Day, which generated more than 3,800 pounds of garbage, diverted the majority of that waste from landfills. "Zero Waste," as defined by the Environmental Protection Agency, is successfully diverting at least 90 percent of waste from the landfill.

On Earth Day, Discovery Green composted 2,200 pounds of waste and recycled 1,300 pounds of trash.

“Part of Discovery Green Conservancy’s mission is to serve as a village green for our city and be a source of health and happiness for all. Our goal is to sustain an exceptional environment for nature and people,” Discover Green President Kathryn Lott says in a news release. “We are beyond thrilled to have achieved Zero Waste certification.”

The achievement was made possible by volunteers from the University of Houston – Downtown.

Steve Stelzer, president of Citizens’ Environmental Coalition’s board of directors, acknowledged how rare the achievement is in a public space in a major city like Houston.

“Discovery Green Conservancy stepped up and made a commitment to weigh, measure and record everything. They should be congratulated to have done this at this scale,” Stelzer adds. “The Conservancy said they were going to do it and they did. It’s an amazing accomplishment.”

The 2024 event included:

31,000 visitors in attendance
60 + exhibitors
100 + volunteers
12 artists
- 9 chalk artists
- Donkeeboy and Donkeemom
- Mark Bradford
25 Mark Bradford artworks made of scrap presented in partnership with Houston First
4 short films shown
3,836.7 pounds of waste collected during Green Mountain Energy Earth Day

A Houston nonprofit's farm will soon be completely off-grid, running its entire operation on sustainable resources. Photo courtesy of Hope Farms

Houston nonprofit flips switch on solar panel project thanks to sustainability grant

shine on

A Houston-area farm is one step closer to operating completely off-grid thanks to new solar panels installed with funding provided by a grant.

In a step towards a greener future, Hope Farms, a 7-acre farm operated by a Houston nonprofit organization, Recipe for Success Foundation, unveiled 18 new solar panels on Tuesday. This significant move is part of a collective effort to completely transition the farm to solar power, demonstrating its commitment to sustainability.

“The industry (solar power) itself is intimidating to people,” Gracie Cavner, founder and CEO of Hope Farms and Recipe for Success, tells EnergyCapital. “Part of our work is to inspire people to replicate what we're doing. We want to show that things aren't as hard as you think they are.”

The nonprofit organization is recognized in Houston for its work in addressing childhood obesity, with a long held mission of demystifying the common misconceptions around healthy eating. It is now tackling another challenge: dispelling the myth that solar power implementation is difficult. Hope Farms' latest initiative will not only further its energy independence, it will also show that adopting renewable energy, similar to embracing healthy food choices, is a feasible option.

The 18 solar panels will power the farm's composting toilet facility and all of the electricity used in its barn, which acts as its market stand and kitchen. Its next green phase is fast approaching and will implement solar panels on top of its flower studio, where the farm's internet and security systems reside. Its final phase will install a water well pump.

“We really did a lot of direct learning,” Cavner said. “We worked directly with solar engineers, not somebody with a company that benefited from us making one decision or another. I feel like more people would have solar if they realized they could do that.”

This is not the first green step Hope Farms has taken thanks to a Green Mountain Energy Sun Club grant, and certainly not the last. Last year, the farm cut the ribbons to its rainwater capture system that now saves roughly 95,000 gallons of water per year by capitalizing on the city’s abundant rainfall.

Since the farms beginning in 2016, it has relied on solar, even when it was only fields lit by a few lights. Soon, Hope Farms will be completely off-grid, running its entire operation on sustainable resources.

“With this expansion, I feel like it’s going to be taking the rock out of the middle of the river,” Cavner said. “It’s going to open up this train and make it easier for anybody to jump in and do it. The first step is kicking the door open and making more people want to pursue it.”

Hope Farms installed 18 solar panels and already has plans to add more. Photo courtesy of Hope Farms

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Fervo Energy officially files for initial public offering

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Fervo Energy has officially filed for IPO.

The Houston-based geothermal unicorn filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission on April 17 to list its Class A common stock on the Nasdaq exchange. Fervo intends to be listed under the ticker symbol "FRVO."

The number and price of the shares have not yet been determined, according to a news release from Fervo. J.P. Morgan, BofA Securities, RBC Capital Markets and Barclays are leading the offering.

The highly anticipated filing comes as Fervo readies its flagship Cape Station geothermal project to deliver its first power later this year

"Today, miles-long lines for gasoline have been replaced by lines for electricity. Tech companies compete for megawatts to claim AI market share. Manufacturers jockey for power to strengthen American industry. Utilities demand clean, firm electricity to stabilize the grid," Fervo CEO Tim Latimer shared in the filing. "Fervo is prepared to serve all of these customers. Not with complex, idiosyncratic projects but with a simplified, standardized product capable of delivering around-the-clock, carbon-free power using proven oil and gas technology."

Fervo has been preparing to file for IPO for months. Axios Pro first reported that the company "quietly" filed for an IPO in January and estimated it would be valued between $2 billion and $3 billion.

Fervo also closed $421 million in non-recourse debt financing for the first phase of Cape Station last month and raised a $462 million Series E in December. The company also announced the addition of four heavyweights to its board of directors last week, including Meg Whitman, former CEO of eBay, Hewlett-Packard, and Spring-based HPE.

Fervo reported a net loss of $70.5 million for the 2025 fiscal year in the S-1 filing and a loss of $41.1 million in 2024.

Tracxn.com estimates that Fervo has raised $1.12 billion over 12 funding rounds. The company was founded in 2017 by Latimer and CTO Jack Norbeck.

Houston lawmaker may kill data center tax breaks due to $8B revenue loss

looking at the data

An influential Houston-area state senator is raising concerns about potentially billions of dollars in lost state revenue from tax breaks for Texas data centers—and is pondering legislation that would abolish the tax incentives.

Citing data from the state comptroller’s office, The Texas Tribune reports the state stands to lose nearly $8 billion in revenue from 2026 to 2030 due to sales tax and use tax exemptions for data centers. During the state’s 2025 fiscal year, which ended on Aug. 31, these tax exemptions caused Texas to lose a little over $1 billion, up from an earlier estimate of $130 million.

“These new numbers are extremely concerning, and I will say they’re unsustainable,” Republican state Sen. Joan Huffman, chairwoman of the state Senate Finance Committee, tells The Texas Tribune. “I plan to look at filing legislation to either repeal the exemption or take a very close look at it and see.”

Texas on track to be No. 1 data center market in U.S.

Scrutiny of the tax breaks comes amid an explosion of data center development in Texas, where data provider Aterio identifies nearly 1,000 centers that are operating, under construction or planned.

A report issued in January by Bloom Energy says the state is poised to become the No. 1 U.S. market for data centers within three years. By 2028, according to the report, Texas is projected to exceed 40 gigawatts of data center capacity—representing nearly 30 percent of total U.S. demand.

Among companies benefiting from the data center boom are:

Tech titans like Apple, Google, Meta Platforms, and Microsoft, which are spending billions of dollars to build data centers in Texas.
Spring-based ExxonMobil and Houston-based Chevron, two oil and energy giants that are developing natural gas plants to supply power for data centers.
Houston-based energy technology company Baker Hughes, which is collaborating with Google Cloud to develop AI-enabled power optimization and sustainability software for data centers.
DataBank, Data Foundry, Equinix, Digital Realty, Lumen Technologies, and IBM, all of which operate data centers in the Houston area.

The Texas Legislature will begin debating tax breaks for data centers in July, when Huffman’s Senate Finance Committee meets for an interim hearing before the 2027 legislative session, according to the Tribune.

Data center industry defends tax breaks

Leaders in the data center industry warn that watering down or halting the tax breaks could slow down or even end Texas’ ascent in the data center sector.

A 2025 report commissioned by the Data Center Coalition found that in 2024, data centers provided more than $1.6 billion in state tax revenue and almost $1.6 billion in local tax revenue in Texas. Over the next several years, according to the report, planned development of data centers in the Lone Star State could generate almost $3.8 billion in state tax revenue and more than $4.9 billion in local tax revenue.

In 2024, the Houston area had 8.1 million gross square feet of data centers, with the properties’ real estate investments sitting at $10 billion, according to the report. That year, data centers in the region produced a little over $700 million in state and local tax revenue. About 60 data centers operate in the Houston area.

Watchdog group warns of tax breaks’ danger to state budgets

On the other side of the debate over tax breaks for data centers, a report released last year by Good Jobs First, a nonprofit, nonpartisan watchdog group that tracks economic development incentives, decries the tax breaks as dangerous to state budgets.

“We know of no other form of state spending that is so out of control. Therefore, we recommend that states cancel their data center tax exemptions,” says Good Jobs research analyst Kasia Tarczynska, co-author of the report. “Shy of that, states should amend … legislation to cap how much any facility and company can avoid paying in taxes each year.”

Helix Earth closes $12M round and more Houston energy headlines

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Editor's note: The top energy transition headlines for the month include Helix Earth's Seed 2 funding and Chevron's plans for a West Texas power plant. Below are the five most-read EnergyCapital stories published April 1-15, 2026:

1. Houston cleantech company closes $12M seed round

Helix Earth is developing a retrofit technology that has the potential to cut HVAC energy use by up to 50 percent. Photo via Getty Images

Houston-based Helix Earth Technologies has closed a $12 million Seed 2 funding round to scale manufacturing of its energy-efficient commercial HVAC add-on technology. Veriten, a Houston-based energy investment firm, led the round. Rua Ventures, Carnrite Ventures, Skywriter LLC and Textbook Ventures also participated. Continue reading.

2. Chevron eyes $7B Texas power plant for Microsoft data center campus

Chevron is in talks with Microsoft and Engine No. 1 about a massive natural gas power plant in Texas. Photo via Getty Images

Software giant Microsoft is negotiating exclusively with Houston-based oil and gas titan Chevron and investment firm Engine No. 1 about the development of a $7 billion power plant in West Texas that would supply electricity for a Microsoft data center campus. Continue reading.

3. 3 strategies to strengthen the Gulf Coast as a global energy hub

The Gulf Coast is one of the most critical energy hubs in the world. Photo via Getty Images.

The Texas-Louisiana Gulf Coast is the backbone of America’s energy and chemical economy. Texas produces roughly 43% of U.S. crude oil and 28% of natural gas, while Texas and Louisiana together account for about half of the nation’s refining capacity, processing 9.3 million barrels of crude per day across 50 refineries. The region also produces approximately 80% of the nation’s primary petrochemicals and ships more than $117 billion in chemical products annually from Texas alone. Continue reading.

4. 8 CERAWeek 2026 takeaways from a new Houston energy leader

Kelsey Kearns (right), the new director of Greentown Houston, shared her takeaways from her first-ever CERAWeek with Energy Capital HTX. Photo courtesy Greentown

My first CERAWeek was a blur. Having top energy executives, policymakers, and technologists all gathered in Houston—over 11,000 of them this year—was both overwhelming and energizing. The theme was “Convergence and Competition: Energy, Technology, and Geopolitics,” and walking through the George R. Brown Convention Center, it was immediately clear that this was no ordinary industry conference. As a first-timer with a Greentown Labs lens, here’s what really stuck with me. Continue reading.

5. Greentown Labs names new COO, appoints new Head of Houston

Lawson Gow and Kelsey Kearns have stepped into new leadership roles at Greentown Labs. Photos courtesy Greentown/LinkedIn

Greentown Labs has reshuffled its leadership, elevating Houston leaders into new roles. Lawson Gow was named COO of the Houston- and Boston-based climatech incubator in February 2026. In his new role, he will focus on optimizing Greentown's structure, building new internal and external systems and developing a plan for growth. Continue reading.

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