Is Stream Energy Right for Me?
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.
Who is Stream Energy?
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.
What Types of Plans Does Stream Energy Offer?
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 Rate Plans
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.
Green Energy Plans
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
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.
Is Stream Energy Available in My Area?
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.
What’s so Special About Stream Energy?
Stream Energy has been operating for more than 15 years in the state of Texas. As such, they’re one of the more experienced REPs in terms of how long they’ve been around. New companies are popping up every day with the promise of new and exciting plans, but Stream has been offering them for 17 years now.
Stream Energy also prioritizes adding new customers to their company, which means they’re very accommodating. Many of their plans come without a signup fee and they make it as easy as possible to ditch your old plan and start theirs. What they don’t tell you, however, is that many of their new or promotional plans are subject to change rates without notification.
This means that the rate you sign up at will likely change at the end of the promotional period or at the end of your current contract. They will auto-renew you into the same plan without your notice or authorization.
While they certainly strive to give you the most affordable and comprehensive plan, they’re also out to make money off of you. This means that many of their plans have hidden rates and fees in the fine print that won’t jump out at you when you sign up. EnerGenie, however, will spot these hidden costs and take them into account when you use us to find your electricity plan. Contact us to learn more!
How to Get the Best Rates With Stream Energy
EnerGenie will help you find out if Stream Energy is suitable for you. We help with the sign-up process from start to finish. We’ll even manage your electricity plan once you’ve signed up for it. Even if you have your heart set on Stream Energy, EnerGenie might be able to find you a better rate when you sign up through us. Whether you’re shopping around or know that Stream is the company for you, contact us for the best possible plan and rate.
EnerGenie is your personal electricity shopping assistant. By signing up through us, you’ll have peace of mind knowing you have a cheap electricity rate locked in to avoid rate hikes. You’ll also never have to worry about falling onto a high variable electricity rate because we continuously monitor your account and the market to sign you up for another great rate when your contract is coming up for renewal.
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