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Company type | Privately Owned |
---|---|
Industry | Electric Utilities |
Founded | 2005 |
Headquarters | , |
Area served | Texas |
Key people | Bart Simmons, CEO David Chase, GM Kevin Hermann, CFO |
Parent | Tristar Producer Services, Inc. |
Texas Power is an electricity marketplace serving much of Texas. They are headquartered in Arlington, Texas.
Texas Power services roughly 20,000 residential electricity customers. Texas Power also serves small, medium and large commercial accounts.
When Hurricane Katrina hit on August 29, 2005, it hurt several pipelines that helped to supply power to Texas companies. This decrease in supply resulted in a rising price to consumers in the aftermath of the hurricane. [1]