Chariot Energy vs Energy Texas
Quick Verdict
Same wires. Same grid. Same electrons flowing to your house. The only real difference? Who sends you the bill and what they charge.
Since there's no major differentiator, this comes down to price. Check ComparePower for current rates.
6 Plan Types vs 2
Chariot Energy offers more ways to optimize. Energy Texas keeps it simple. More options = more savings potential, but also more ways to pick wrong.
What Actually Differs
Chariot Energy and Energy Texas deliver the exact same electricity through the exact same wires. The electrons don't care whose logo is on your bill. What differs: the price, the service when something goes wrong, and the fine print in contracts.
Who's Behind These Companies
Chariot Energy: Owned by Hanwha Group (via Hanwha Energy USA). 7 years in Texas—they've survived enough grid crises to prove they won't fold mid-contract. Based in Houston, Texas.
Energy Texas: Owned by Goldman Sachs (via Rhythm Energy). 5 years in Texas—that track record matters when you're signing a multi-year contract. Based in Houston, Texas.
What They Actually Sell
Chariot Energy offers fixed-rate, free-nights, free-weekends, green, solar-buyback, time-of-use. They sell "green" plans (mostly accounting—same electrons, but they buy renewable credits).
Energy Texas offers fixed-rate, green. They sell "green" plans (mostly accounting—same electrons, but they buy renewable credits).
The Money Part
Chariot Energy: Deposit depends on credit—expect $200-400 if your score is below 600.
Energy Texas: Deposit depends on credit—expect $200-400 if your score is below 600.
The Honest Answer
Both are legitimate. Neither is a scam. The electricity is identical. What matters is: (1) who's cheaper for your actual usage, (2) whether you need to skip a credit check, and (3) if you care about green marketing. Scroll down to "The Verdict" for the quick answer. For actual rates, check ComparePower. Takes 2 minutes.
See how they compare on price
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Category Breakdown
Both sell green plans—check who has actual renewable generation backing
6 plan types vs 2—more ways to optimize (or overcomplicate)
Rates change constantly. Check ComparePower with your actual usage.
Side-by-Side Comparison
| Feature | Chariot Energy | Energy Texas |
|---|---|---|
| Parent Company | Hanwha Group (via Hanwha Energy USA) | Goldman Sachs (via Rhythm Energy) |
| Years in Texas | 7+ | 5+ |
| Headquarters | Houston, Texas | Houston, Texas |
| Fixed-Rate Plans | ||
| Variable Plans | ||
| Prepaid Options | ||
| Green Energy | ||
| Free Nights/Weekends | ||
| Deposit Required | Conditional | Conditional |
| Credit Check |
Trust & Complaint Data ▼
Trust & Reputation
External ratings comparison
Trust Score is a weighted average: Google (40%), BBB (35%), Trustpilot (25%)
Complaint Comparison
PUCT Data • Jul-Dec 2025
Chariot Energy
Energy Texas
Chariot Energy has 3.9 fewer complaints per 10k customers
The Verdict
- You want more green plan variety (check if they have actual renewable generation backing)
- You use power at night (pool pump, EV charging, night owl habits)
- You want options—6 plan types vs 2. More complexity, but more ways to optimize
- You want 100% green energy with Texas-proud branding instead of Rhythm's tech-startup vibe
- The 30-day Giddy Up Guarantee lets you walk away penalty-free
- Soft credit checks that won't ding your score matter to you
- You want straightforward fixed rates backed by Goldman Sachs money
Done researching? See actual rates.
Chariot Energy or Energy Texas — find out which one is cheaper at your address.
Frequently Asked Questions
Q: When should I choose Chariot Energy over Energy Texas? ▼
You want more green plan variety (check if they have actual renewable generation backing). You use power at night (pool pump, EV charging, night owl habits). You want options—6 plan types vs 2. More complexity, but more ways to optimize.
Q: When should I choose Energy Texas over Chariot Energy? ▼
You want 100% green energy with Texas-proud branding instead of Rhythm's tech-startup vibe. The 30-day Giddy Up Guarantee lets you walk away penalty-free. Soft credit checks that won't ding your score matter to you. You want straightforward fixed rates backed by Goldman Sachs money.
Q: What is the main difference between Chariot Energy and Energy Texas? ▼
Chariot Energy leads in plan options. Both companies deliver the same electricity through the same grid—the real differences are in pricing, service quality, and available plan types.
Q: Is Chariot Energy or Energy Texas cheaper? ▼
Anyone who answers this without knowing your zip code and usage is lying. The "advertised rate" is calculated at exactly 1,000 kWh—use 800 or 1,200 and the math changes completely. Both companies exploit this. Check ComparePower with your actual usage. Takes 2 minutes, and you'll see real numbers instead of marketing.
Q: Which company has been in Texas longer, Chariot Energy or Energy Texas? ▼
Chariot Energy: 7 years. Energy Texas: 5 years. Similar track records. Both have survived enough Texas summers to prove they won't fold mid-contract.
Q: Which is better for green energy, Chariot Energy or Energy Texas? ▼
Both sell "green" plans. But "green" in Texas electricity means they buy renewable energy credits—it's accounting, not physics. Your electrons come from the same grid as everyone else. Want to know which has renewable generation backing versus just buying paper credits? Gexa has NextEra (the largest renewable generator in the US) behind them. Most others just buy credits. That's the difference.
Q: What types of plans do Chariot Energy and Energy Texas offer? ▼
Chariot Energy: fixed-rate, free-nights, free-weekends, green, solar-buyback, time-of-use. Energy Texas: fixed-rate, green. Chariot Energy has more options (6 plan types vs 2). More options = more ways to optimize, but also more ways to pick wrong. If you just want simple fixed-rate power, ignore the complexity. If you have specific needs (EV charging at night, pool pump, work-from-home AC), the right specialty plan can save you $50/month.
Q: Which is better overall, Chariot Energy or Energy Texas? ▼
Same grid. Same wires. Same electrons. The electricity is literally identical—the only differences are price, service, and plan options. Chariot Energy wins if you have solar panels and want multiple buyback rate options, not just one. Energy Texas wins if you want 100% green energy with texas-proud branding instead of rhythm's tech-startup vibe. For everyone else? Whoever's cheaper for your usage right now. Check ComparePower—it takes 2 minutes.
More Head-to-Head Matchups
See who wins when Chariot Energy and Energy Texas face other competitors.
Featured In Best-Of Lists
See where Chariot Energy and Energy Texas are featured in our category guides.
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