-

Most Texans Say They’re Happy With Their Electricity Provider. New Data From Base Power Shows 7 in 10 Are Overpaying for Electricity.

Base Power launches Base Energy, a new electricity plan designed to save the majority of Texans on their monthly electricity bill.

AUSTIN, Texas--(BUSINESS WIRE)--Base Power today announced the launch of Base Energy, its new electricity plan that is guaranteed to stay below the market average. It's the next step in the company's mission to deliver affordable, reliable power to all Texans.

Base Power members pay less because of their unique business model. While traditional providers profit from quiet rate increases and hidden fees, Base operates a fleet of home batteries that generate revenue by supporting the Texas grid. Those earnings come back to members in the form of a low, fixed rate, guaranteed to stay below market.

The launch follows new data from the company showing a disconnect in the Texas electricity market: while 81% of Texans report being satisfied with their provider, 7 in 10 households are overpaying for electricity.

"Base Energy customers balance the load on our home batteries, and together they form a distributed power plant that keeps the lights on and bills low for all Texans. That's how we guarantee a below-market rate, not just at signup, but at every renewal," said Zach Dell, CEO and co-founder of Base Power.

Base Energy is now available across major Texas utility territories—including Oncor, CenterPoint, TNMP, and AEP—serving Dallas-Fort Worth, Greater Houston, and other key population centers statewide. This marks the company’s first offering that does not require a home battery. To see how much you could save, visit basepowercompany.com/energy.

These findings are based on a March 2026 consumer survey conducted of Texas residents in deregulated electricity markets, as well as an analysis of thousands of electricity bills submitted through Base Power’s rate comparison tool. The bill comparison is made up of a sample of Texans that submitted their bill on Base Power’s website and may not be representative of all Texas electricity consumers.

About Base Power

Founded in 2023 and headquartered in Austin, Texas, Base Power is an energy company building a grid for the future. The company’s mission is to advance human prosperity through energy abundance—delivering reliable and affordable power for all. Learn more at www.basepowercompany.com.

Contacts

Base Power


Release Versions

Contacts

More News From Base Power

Base Power Launches Commercial Electricity Plans Built to Save Texas Businesses Money

AUSTIN, Texas--(BUSINESS WIRE)--Base Power today launched Base Energy for Business, expanding its retail electricity offering to Texas businesses. Base Energy for Business brings the same fixed-rate, no-hidden-fee model it built for residential members to small, medium, and large commercial accounts. Base has quoted businesses across Texas, from restaurants and dental offices to machine shops and large commercial properties, and found that many are overpaying for electricity. What a business pa...

JJ Watt Joins Base Power as an Investor and a Member

AUSTIN, Texas--(BUSINESS WIRE)--Base Power today is announcing that JJ Watt is investing and partnering with the Texas-based energy company that is bringing affordable, reliable energy to Americans. Watt is investing as part of Base's $1 billion Series D, announced yesterday. He has lived in Texas for 15 years and has seen firsthand the impact of unreliable and expensive power, which is what drew him to Base. Watt has also joined Base as a member, and since switching his Houston home to Base he...

Base Power Announces $1B Series D and Launches Base Core, First-of-its-Kind Home Battery Built in the United States

AUSTIN, Texas--(BUSINESS WIRE)--Base Power today is announcing a $1 billion Series D financing at a $13 billion post-money valuation, alongside the launch of Base Core: a home battery designed from the ground up to support the grid, now in production at Base Factory 1 in Austin.The U.S. is undergoing a foundational shift in energy demand, and traditional power generation can't scale fast enough to meet it. Meeting demand this fast calls for new technology that works alongside the grid and adds c...
Back to Newsroom