Chariot Energy vs True Power: Texas Electricity Head-to-Head
Chariot Energy offers 150 plans starting at 8.4c/kWh while True Power has 20 plans from 10.9c/kWh across all 6 Texas TDU service areas. Here is how their rates, terms, renewable options, and fees compare.
Rate Curve Comparison
Lowest average rate across all usage levels (10.0c/kWh vs 11.0c/kWh). Consistent pricing regardless of how much electricity you use.
Below 1,000 kWh, True Power tends to be cheaper. Above that, Chariot Energy has the edge.
Shows the best available all-in rate from each provider at 500, 1,000, and 2,000 kWh usage levels. The best plan may differ at each tier.
Best Plan Per Term Length
| Term | Chariot Energy Best Plan | Rate | Fee | True Power Best Plan | Rate | Fee | Winner |
|---|---|---|---|---|---|---|---|
| 6 Month | Bright Nights 6EFL | 10.8c | $15/mo remaining | N/A | N/A | N/A | Chariot Energy |
| 12 Month | GridPlus 12EFL | 8.4c | $15/mo remaining | True Value 10EFL | 10.9c | $300 flat | Chariot Energy |
| 24 Month | Bright Nights 24EFL | 11.6c | $15/mo remaining | True Value 24EFL | 11.6c | $300 flat | Tie |
| 36 Month | Bright Nights 36EFL | 11.7c | $15/mo remaining | True Value 36EFL | 11.7c | $300 flat | Tie |
Plan Type Breakdown
Chariot Energy
True Power
Cancellation Fee Comparison
Chariot Energy
True Power
Renewable Energy Deep Dive
Chariot Energy
True Power
Full Plan Tables
Which Provider Fits You Better?
Looking for the Lowest Rate?
Better fit: Chariot Energy
Chariot Energy has the lower advertised rate at 8.4c/kWh (1,000 kWh usage), compared to 10.9c/kWh.
Going Green?
Better fit: Chariot Energy
Chariot Energy offers more 100% renewable plans (144 vs 0).
Need Flexibility?
Better fit: Chariot Energy
Chariot Energy uses a per-month cancellation structure, so your fee decreases over time - making it easier to switch later.
These rates are based on 1,000 kWh average usage. Your actual savings depend on YOUR usage pattern.
WattTrim analyzes your real Smart Meter data to find the plan that saves you the most - across all providers, not just these two.
Always Free
Trim My BillFrequently Asked Questions
Is Chariot Energy cheaper than True Power?
Based on current plan data, Chariot Energy has the lower advertised rate, offering plans starting at 8.4c/kWh compared to 10.9c/kWh from the other provider at 1,000 kWh of usage. Your actual cost depends on your usage pattern and the specific plan you choose.
Does Chariot Energy offer renewable energy plans compared to True Power?
Chariot Energy offers 144 plans (96% of its lineup) at 100% renewable energy, while True Power offers 0 plans (0% of its lineup).
What are the cancellation fees for Chariot Energy vs True Power?
Chariot Energy charges $15 - $150 (mixed fee types) on its tracked plans, while True Power charges $300 flat on its tracked plans. Always review the Electricity Facts Label (EFL) for the exact fee structure before enrolling.
Which provider has more plan options in Texas, Chariot Energy or True Power?
Chariot Energy currently offers more plan options across the Texas TDU areas we track, with 150 plans compared to 20.
Can I switch from Chariot Energy to True Power?
Yes. Texas is a deregulated electricity market, so you can switch retail electric providers at any time. If you are still under contract with your current provider, check for an early termination fee before switching. New service with either provider typically starts within 1 to 5 business days of enrollment.