Amigo Energy is a Texas based retail energy supplier offering residential and commercial electricity service to Texas consumers. Amigo Energy offers fixed and variable rate plans, including a 60 month fixed rate contract, as well as incentives for new customers.
Our Take On Amigo Energy
Based on our analysis of this company, the customer feedback we have detected from various sources, we have given Amigo Energy:
We have rated Amigo Energy three stars because they offer a decent range of offers and low early termination fees, but there have been some consumer complaints regarding responsiveness and transparency of pricing. Compare reviews with other suppliers.
|Plan type||Contract Length||Features||Early termination fee||Our Thoughts|
|Fixed rate plans||12, 24, 60 month||
|$100 per year remaining on 60-month; $175 all others||
Recommended: The 60 month plan represents a unique opportunity to hedge against future electricity price increases.
|Green Energy||12 or 24 months||
May include natural gas
|$175||Not Recommended: Not a true Green Energy plan by most traditional definitions, as it may include natural gas as well as renewables.|
Description of the Plan Types
Fixed rate plans
A fixed rate is a rate whose price (in ¢/kWh) does not change over the whole period of the contract. Once the contract is finished, unless you renew it or terminate it, it will automatically switch to a variable rate. For more information about what a fixed rate is: /energy-markets/fixed-rate-energy-offers
Customers report that they appreciate savings on fixed rate electricity plans from Amigo Energy. Fixed rate plans can often be a good deal if you are able to lock in a good rate at the right time of year.
Electricity customers should opt for fixed rate contracts of at least 12 months. Electricity prices per kilowatt-hour fluctuate throughout the year, and you may actually lose money by not being able to take advantage of prices when they are low. However, because electricity prices tend to increase over time, locking in fixed rates for longer periods may prove advantageous and deliver savings.
Variable rate plans
A variable rate is a rate whose price (in ¢/kWh) varies each month. A variable can be at the discretion of the supplier, or the supplier can give rules on the variability of their rate. For more information about what a variable rate is: /energy-markets/variable-rate-plans-for-electricity-and-gas
With/without Base Charges
Customers considering Amigo Energy should keep in mind that minimum usage charges may apply, along with an escalated tier-pricing structure, and so lower consumption may actually result in a higher bill at certain consumption points.
Green Energy Plans
Amigo Energy does not offer 100% truly green energy plans because they include natural gas. The 10.8% renewable content of Amigo Energy plans matches the state average of 10.7%.
We have rated this supplier .
Amigo Energy has not been accredited by the Better Business Bureau. Customers appreciate the $25 credit for referrals, which can be earned for each new customer referred. Some customers have been dissatisfied with the responsiveness of the billing and customer service departments.
For more detail on our rating, please visit our customer reviews for Amigo Energy.
Amigo Energy was created in 2003 and is based in Houston. It is a subsidiary of Just Energy.
Company Contact Information
Email: [email protected]