Flagship Power

Company Overview

Here’s the truth about Flagship Power: They compete purely on price—and often win.

Founded in 2019, Flagship Power is one of the youngest and smallest REPs in Texas. No Fortune 500 parent. No sports sponsorships. No rewards programs. No app worth downloading. Just rock-bottom electricity rates that frequently undercut TXU, Reliant, and even budget competitors like Discount Power.

The trade-off is obvious: you’re betting on a small, independent company. Five years of track record isn’t nothing, but it’s not 25 years either. If Flagship Power ever struggled financially, there’s no corporate parent to bail them out.

But here’s what matters: PUCT requires all licensed REPs to meet financial standards. Flagship Power wouldn’t have a license if they couldn’t keep the lights on. If price is your only criteria and corporate stability is a nice-to-have, they deliver.

Where Flagship Power Operates

Flagship serves the major deregulated areas of Texas including Houston, Dallas-Fort Worth, and other areas covered by Oncor, CenterPoint, AEP Texas, and TNMP.

Plan Types

Fixed-Rate Plans Basic fixed-rate plans ranging from 6 to 24 months. What you see is what you get.

Variable-Rate Plans Month-to-month options that fluctuate with market conditions.

The Trade-Off

Flagship Power offers genuinely low rates. But “low rates” comes with trade-offs:

• Smaller company: Less infrastructure, fewer resources
• Basic service: Don’t expect hand-holding
• Limited options: No green plans, no prepaid
• Newer player: Less track record to evaluate

Who Should Consider Flagship Power

If your only priority is the lowest possible rate and you’re comfortable with a smaller provider, Flagship Power delivers on that promise. But if you value customer service, green options, or company stability, look elsewhere.