Texas is one of the largest states in the country. They’re also one of the only states that feature mostly deregulated electricity. Deregulated electricity means that you have the right to choose your own power company rather than having one assigned to you. As a result, there are now hundreds of power companies (REPs) that are vying for your business.

Stream Energy is one of these many REPs that formed after the start of deregulation. Whether you’ve never heard of Stream Energy or if you’re thinking about signing up with them, you’ve come to the right place. We’ll learn more about who Stream Energy is and whether or not they’re the company for you.

Stream Energy is a subsidiary company of NRG Energy which is one of the largest power companies in the country. Stream Energy was founded in 2005 in Texas but has since branched out to six other states including Georgia, Maryland, Pennsylvania, Illinois, New Jersey, and New York. Despite having branches in each of these states, Stream Energy is still headquartered in Dallas, Texas. They strive to have affordable plans for new and existing customers and to make the process of switching to Stream as cheap and easy as possible.

Like most parts of Texas, Dallas offers a number of prepaid electricity plans. However, they also offer a number of other electricity plans which means that you’re not stuck with only one option. Prepaid plans are great for some, but they’re not for everyone or every situation. Let’s look at some of the other types of electricity plans available for you to choose in Dallas.

Variable rates mean that your rate is subject to change from month to month based on the current market cost of electricity. Choosing this type of plan is kind of like playing the stock market in that your rate can go up or down depending on the economy.

A fixed-rate electricity plan works the same way that a fixed-rate mortgage does. The rate that you sign up for is the rate that you’ll keep until the end of your contract.

Dallas also offers a number of green energy plans. These types of plans can be either fixed or variable-rate and feature electricity that’s created using renewable resources. Wind power is the number one source of renewable energy in Dallas, but solar power is also available. The catch with green energy plans is that your specific electricity isn’t necessarily coming from a renewable resource. It merely means that your monthly fee is being paid towards developing and creating renewable energy.

Indexed electricity plans are slightly trickier than fixed or variable-rate plans and are a combination of the two. You pay a fixed rate up to a certain usage point, but your rate jumps or dips as you use more electricity. For example, you might pay 15 cents per kWh for the first 1,000 kWh, but your rate drops to 12 cents for any electricity usage beyond 1,000 kWh.

Stream Energy is a large company and there’s a good chance that they operate in your area. To find out, you can log onto EnerGenie’s website and enter your zip code. EnerGenie will let you know if Stream Energy is available in your area and if they have the best electricity plan and rate for you.