StarTex Power

Last updated
StarTex Power
Industry Energy
Founded2004 in Houston, Texas
DefunctJune 20, 2018 (2018-06-20)
FateAcquired by Constellation
Headquarters
Parent Constellation (An Exelon Company)

StarTex Power was a Texas-based retail electricity provider between 2004 and 2018. The company was headquartered in Houston, Texas.

Contents

History

Texas deregulated the electricity market in 2002. StarTex Power was founded in 2004 by Marcie and Bob Zlotnik. [1] Marcie previously served as president and director of Gexa Energy, a retail electricity provider she co-founded in 2001. [1] StartTex was purchased by Constellation Energy in 2011 and the StarTex brand was discontinued on June 20, 2018. [2]

The Company

StarTex Power served roughly 170,000 customers.[ citation needed ] The company sold its services to commercial and residential customers and collaborated with different companies to provide StarTex Power Green.

In 2009 StarTex Power was ranked #1 by JD Power and Associates for customer satisfaction. [3] In 2010, StarTex Power was a Pinnacle Award recipient by the Better Business Bureau for their customer care and ethical practices. [4] StarTex was also named a Houston Chronicle Top Workplace in 2010 after their launch of an employee stock ownership plan and for their continuing efforts to foster employee growth and encouragement. [5]

On May 27, 2011 Constellation Energy announced its intention to purchase StarTex Power, which was completed on June 1, 2011. [6] After the acquisition, StarTex kept its headquarters in Houston, where its 150 employees reside. [7]

See also

Related Research Articles

Electricity retailing is the final sale of electricity from generation to the end-use consumer. This is the fourth major step in the electricity delivery process, which also includes generation, transmission and distribution.

<span class="mw-page-title-main">GenOn Energy</span> Defunct American corporation

GenOn Energy, Inc., based in Houston, Texas, United States, is an energy company that provides electricity to wholesale customers in the United States. The company is one of the largest independent power producers in the nation with more than 7,000 megawatts of power generation capacity across the United States using natural gas, fuel oil and coal. GenOn Energy was headquartered in the Reliant Energy Plaza in Downtown Houston. The company, formerly known as RRI Energy, acquired Mirant on December 3, 2010. The corporate names and logos of both RRI Energy and Mirant were retired.

Energy Future Holdings Corporation is an electric utility company headquartered in Energy Plaza in Downtown Dallas, Texas, United States. The majority of the company's power generation is through coal and nuclear power plants. From 1998 to 2007, the company was known as TXU Corporation until its $45 billion leveraged buyout by Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners. That purchase was the largest leveraged buyout in history. As of 2019, TXU Energy is a subsidiary of publicly traded Vistra Energy.

<span class="mw-page-title-main">TXU Energy</span> American retail electricity provider

TXU Energy is an American retail electricity provider headquartered in Irving, Texas, serving residential and business customers in deregulated regions of Texas since the deregulation of the Texas electricity market in 2002. A subsidiary of Vistra Corp, it is one of the largest retail electricity providers in Texas.

Direct Energy LP is a North American retailer of energy and energy services. The company was founded in Toronto in 1986 and now has more than four million customers in Canada and the United States. Direct Energy is a subsidiary of NRG Energy.

<span class="mw-page-title-main">Constellation Energy</span> Energy company headquartered in Baltimore, Maryland

Constellation Energy Corporation is an American energy company headquartered in Baltimore, Maryland. The company provides electric power, natural gas, and energy management services. It has approximately two million customers across the continental United States.

<span class="mw-page-title-main">CenterPoint Energy</span> Utility Company

CenterPoint Energy, Inc. is an American utility company based in Houston, Texas, that provides electric and natural gas utility to customers in several markets in the American states of Indiana, Ohio, Louisiana, Minnesota, Mississippi, and Texas. Part of the Fortune 500, the company was formerly known as Reliant Energy, NorAm Energy, Houston Industries, and HL&P. The company is headquartered in the CenterPoint Energy Tower at 1111 Louisiana Street in Downtown Houston.

<span class="mw-page-title-main">NRG Energy</span> Energy company serving customers in the northeast United States and Texas

NRG Energy, Inc. is an American energy company, headquartered in Houston, Texas. It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity. Their portfolio includes natural gas generation, coal generation, oil generation, nuclear generation, wind generation, utility-scale generation, and distributed solar generation. NRG serves over 7 million retail customers in 24 US states including Texas, Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Ohio; the District of Columbia, and eight provinces in Canada.

<span class="mw-page-title-main">Calpine</span> Large energy company in the U.S.

Calpine Corporation is the largest generator of electricity from natural gas and geothermal resources in the United States, with operations in competitive power markets.

The Texas electricity market is deregulated, meaning that there is competition in the generation and distribution of electricity. Power generators in the Texas Interconnection, managed by the Electric Reliability Council of Texas, participate in an energy-only electricity market and are compensated only for the electricity they produce. The wholesale generation market was deregulated in 1995 and the distribution market in 1999, with Texas Senate Bill 7. This replaced the prior system in which power was generated and consumed locally by the same utility with one in which retail providers contracted with generators across the state.

Gexa Energy, headquartered in Houston, Texas, is a retail electricity provider which sells electricity service to residential and commercial customers in all deregulated markets in Texas.

Texas Genco was a power generation company that came about as part of the deregulated Texas electricity market and owned numerous power plants in the Houston area that serve area power needs. The Company was created in 2001 as part of the Texas electricity market deregulation. Incumbent utilities were required to separate their business functions into a retail electric provider (REP), a transmission and distribution service provider (TDSP), and a wholesale generator.

E.ON UK is a British energy company and one of the largest suppliers of energy in the UK, following its acquisition of Npower. It is a subsidiary of E.ON of Germany and one of the Big Six energy suppliers. It was founded in 1989 as Powergen, and was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It has been a subsidiary of E.ON since 1 July 2002.

<span class="mw-page-title-main">Eastern Electricity</span> Former electricity supply and distribution utility serving Eastern England

Eastern Electricity plc was an electricity supply and distribution utility serving Eastern England, including East Anglia and part of Greater London. It was renamed Eastern Group under which name it was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Hanson plc in 1995, before being purchased by Texas Utilities in 1998.

<span class="mw-page-title-main">Just Energy</span>

Just Energy Group Inc. is a Canadian-based natural gas and electricity retailer operating in Canadian and American markets across North America.

Shell Energy Retail Limited was a British consumer gas, electricity and broadband provider. Formerly a subsidiary of Shell, the business was acquired by Octopus Energy in December 2023.

<span class="mw-page-title-main">Constellation Field</span> Baseball park in Sugar Land, Texas, US

Constellation Field is a baseball park located in Sugar Land, Texas. It is the home of the Sugar Land Space Cowboys of the Pacific Coast League, who began play in 2012 as the Sugar Land Skeeters. The park also has the ability to host rugby union, American football, soccer, lacrosse, and cheerleading competitions, as well as concerts. Constellation Field has a capacity of 7,500 spectators for baseball games, and 9,500 spectators for concerts.

Founded in 1994, Texas.net was the first Internet Service Provider in San Antonio and one of the first 50 Internet Service Providers in the United States. The privately held company initially specialized in dial-up, ISDN, dedicated LAN access, and T1 access to the Internet for both consumer and business customers. As one of the first internet providers in Texas, Texas.net initially served major Texas markets including Austin, San Antonio, Houston, Dallas, Georgetown, New Braunfels and Boerne. Texas.Net also offered several dedicated services including a news server, which was only available to customers coming from the Texas.net domain and offered over 41,000 uncensored newsgroups.

<span class="mw-page-title-main">Champion Energy</span> American utility company

Champion Energy Services, LLC is a retail electricity provider (REP) based in Houston, Texas. Champion Energy currently serves residential, governmental, commercial and industrial customers in deregulated electric energy markets in Texas, Illinois, Ohio, Pennsylvania, New Jersey and New York; governmental, commercial and industrial customers in Delaware, Maryland and Washington, D.C.; and natural gas customers in Illinois. The company is a subsidiary of Calpine.

<span class="mw-page-title-main">Reliant Energy</span> American energy company

Reliant Energy Retail Holding, LLC is an American energy company based in Houston, Texas. It serves the state of Texas.

References

  1. 1 2 "About Us - StarTexPower.com". www.startexpower.com. Archived from the original on 2011-01-07.
  2. "StarTex Power is now Constellation in Texas | Constellation". 20 June 2018.
  3. "Startex Power's Customer Reviews Rank Them #1 by JD Power and Associates | Houston Electric Rates". Archived from the original on 2010-11-29. Retrieved 2024-12-17.
  4. "Loading". www.cheaptexaselectricrates.com. Retrieved 2024-12-17.
  5. "News" (Press release).
  6. "Constellation Energy acquires StarTex Power" (PDF). StarTex Power. 2011-05-27. Archived from the original (PDF) on 2012-05-04.
  7. "StarTex Power to be acquired by Constellation Energy". POWERGrid International. 2011-05-27. Retrieved 2019-11-19.