Flagship Power vs Think Energy
Quick Verdict
Think Energy has 15 years in Texas. Flagship Power has 2. That's not nothing—Think Energy survived every grid crisis since 2011.
Experience matters for stability. Price matters for your wallet. Check both on ComparePower.
13-Year Experience Gap
Think Energy: 15 years in Texas. Flagship Power: 2 years. Companies don't survive 15 Texas summers by accident.
What Actually Differs
Flagship Power and Think Energy 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
Flagship Power: Owned by Utility Rescue Holdings. 2 years in Texas—they've survived enough grid crises to prove they won't fold mid-contract. Based in Spring, Texas.
Think Energy: Owned by Energywell (backed by Oaktree Capital Management / Brookfield). 15 years in Texas—that track record matters when you're signing a multi-year contract. Based in Greens Farms, Connecticut.
What They Actually Sell
Flagship Power offers fixed-rate, green, free-nights, free-weekends. They sell "green" plans (mostly accounting—same electrons, but they buy renewable credits).
Think Energy offers fixed-rate, green, solar-buyback. They sell "green" plans (mostly accounting—same electrons, but they buy renewable credits).
The Money Part
Flagship Power: Deposit depends on credit—expect $200-400 if your score is below 600.
Think Energy: 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
15 years vs 2—13+ more grid crises survived
Both sell green plans—check who has actual renewable generation backing
Rates change constantly. Check ComparePower with your actual usage.
Side-by-Side Comparison
| Feature | Flagship Power | Think Energy |
|---|---|---|
| Parent Company | Utility Rescue Holdings | Energywell (backed by Oaktree Capital Management / Brookfield) |
| Years in Texas | 2+ | 15+ |
| Headquarters | Spring, Texas | Greens Farms, Connecticut |
| 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
Flagship Power
Think Energy
Think Energy has 1.6 fewer complaints per 10k customers
The Verdict
- You use power at night (pool pump, EV charging, night owl habits)
- Historical reference only -- Flagship Power is no longer operating
- You want a company that's survived 15 Texas summers (Flagship Power has 2)
- You want more green plan variety (check if they have actual renewable generation backing)
Done researching? See actual rates.
Flagship Power or Think Energy — find out which one is cheaper at your address.
Frequently Asked Questions
Q: When should I choose Flagship Power over Think Energy? ▼
You use power at night (pool pump, EV charging, night owl habits). Historical reference only -- Flagship Power is no longer operating.
Q: When should I choose Think Energy over Flagship Power? ▼
You want a company that's survived 15 Texas summers (Flagship Power has 2). You want more green plan variety (check if they have actual renewable generation backing).
Q: What is the main difference between Flagship Power and Think Energy? ▼
Think Energy leads in track record. Both companies deliver the same electricity through the same grid—the real differences are in pricing, service quality, and available plan types.
Q: Is Flagship Power or Think Energy 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, Flagship Power or Think Energy? ▼
Think Energy: 15 years. Flagship Power: 2 years. That 13-year gap matters—Think Energy survived the 2011 freeze, the 2021 disaster, and every summer in between. Track records like that don't happen by accident.
Q: Which is better for green energy, Flagship Power or Think Energy? ▼
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 Flagship Power and Think Energy offer? ▼
Flagship Power: fixed-rate, green, free-nights, free-weekends. Think Energy: fixed-rate, green, solar-buyback. Flagship Power has more options (4 plan types vs 3). 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, Flagship Power or Think Energy? ▼
Same grid. Same wires. Same electrons. The electricity is literally identical—the only differences are price, service, and plan options. Flagship Power wins if historical reference only -- flagship power is no longer operating. Think Energy wins if you want 100% renewable energy without paying a green premium. 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 Flagship Power and Think Energy face other competitors.