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 REPs in Texas, Stream offers a substantial number of different plans. Let’s go over some of them now!
Stream Energy offers a number of residential plans for houses, condos, apartments, and anywhere else you might live. These plans vary based on where you live but they are typically fixed-rate, variable-rate, or prepaid. We’ll go over some of the specific plans below.
Not only do they have a ton of residential plans, but Stream also features a number of commercial business plans. Whether you own a small, medium, or large business or if you’re a one-person operation, Stream Energy has options for you.
Renewable Energy Plans
Stream Energy prides itself on having some of the best renewable energy plans in Texas. Each month, Stream Energy purchases a renewable energy certificate (REC) that is equal to 1,000 kWh of renewable energy to match 1,000 kWh of your usage each month. This means that you don’t directly receive your energy from a renewable resource, but that your monthly fee is being directed towards the creation and distribution of renewable energy.
Green and Clean 12 Month Plan
Specifically, one of their top renewable resource energy plans is the Green and Clean 12 Month Plan. This plan is for one year and guarantees that all your money goes towards renewable energy. It also comes with the guarantee that your rate of 15.5 cents per kWh won’t increase until renewal.
Smart Choice 60 Plan
The Smart Choice 60 Plan is one of the longest termed plans offered anywhere. This is a five-year plan that locks you into the rate that you sign up at, which is currently 12.9 cents per kWh. The downside is that there’s an early termination fee of $300 if you want to exit your plan early.
Conserve and Save 12
Conserve and Save 12 is one of the most popular plans offered by Stream Energy. It’s a 12-month plan at a fixed rate of 16.9 cents per kWh. It boasts no minimum usage requirements and the possibility of a lower rate if you use less than 1,000-kilowatt hours, but that rate isn’t specified.
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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