Companion Energy vs Direct Energy: Texas Electricity Head-to-Head
Companion Energy offers 10 plans starting at 10.6c/kWh while Direct Energy has 43 plans from 14.4c/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 (10.7c/kWh vs 14.0c/kWh). Consistent pricing regardless of how much electricity you use.
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
Plan Type Breakdown
Companion Energy
Direct Energy
Cancellation Fee Comparison
Companion Energy
Direct Energy
Renewable Energy Deep Dive
Companion Energy
Direct Energy
Full Plan Tables
Which Provider Fits You Better?
Looking for the Lowest Rate?
Better fit: Companion Energy
Companion Energy has the lower advertised rate at 10.6c/kWh (1,000 kWh usage), compared to 14.4c/kWh.
Want a Long-Term Price Lock?
Better fit: Direct Energy
Direct Energy has the better option for locking in a rate on a 24-month or longer contract.
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 Companion Energy cheaper than Direct Energy?
Based on current plan data, Companion Energy has the lower advertised rate, offering plans starting at 10.6c/kWh compared to 14.4c/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 Companion Energy offer renewable energy plans compared to Direct Energy?
Neither Companion Energy nor Direct Energy currently lists any 100% renewable plans in our tracked Texas service areas, though many standard plans include some percentage of renewable content.
What are the cancellation fees for Companion Energy vs Direct Energy?
Companion Energy charges $150 flat on its tracked plans, while Direct Energy charges $150 - $395 (mixed fee types) 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, Companion Energy or Direct Energy?
Direct Energy currently offers more plan options across the Texas TDU areas we track, with 43 plans compared to 10.
Can I switch from Companion Energy to Direct Energy?
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.