Freepoint Energy Solutions
There’s no denying the threat of global warming and the rising air pollution index. That’s why the need for clean and sustainable energy has never been more critical. Freepoint Energy Solutions understands this crisis and strives to address it with eco-friendly energy plans.
If you’re a commercial or industrial consumer searching for an electricity supplier that can meet your energy requirements without harming the environment, FreePoint Energy Solutions can be the answer. The company provides a range of customized renewable energy plans tailored to suit each customer’s specific requirements.
These plans, sourced from entirely renewable sources, have competitive rates. As such, you can meet your sustainability goals while saving on your energy costs. Moreover, the excellent customer service Freepoint Energy personnel offers help ensure you get overall satisfaction when you switch to this power company.
Let’s see which of the products and services Freepoint Energy Solutions offer will fit your needs.
Freepoint Energy Solutions
Freepoint Energy Solutions LLC is an electricity company that’s revolutionizing the way customers meet all their energy needs. Established in 2011, it serves as a retail energy subsidiary of Freepoint Commodities, one of the respected names in the energy industry.
With its parent company being an experienced and respected veteran in the power and commodities sector, Freepoint Energy Solutions has the financial strength, not most start-ups enjoy. Moreover, Freepoint Commodities’ experience in the industry helps give Freepoint Energy a deeper understanding of what electricity consumers need. For the same reason, it can provide industrial and commercial customers with the best services and rates possible.
Since it began operations, thousands of businesses have turned to Freepoint Energy Solutions for their energy needs. It is no surprise that the company has been recognized as one of the best energy suppliers for the past 3 years.
Electricity Rates
Headquartered in Houston, Texas, Freepoint Energy Solutions supplies electricity to business customers in Lone Star State and all over the country. Boasting a world-class platform, access to wholesale markets, financial strength, and expertise, it can help retail customers effectively manage their energy costs.
Freepoint Energy serves commercial customers throughout the U.S. and has sold about 5,291,988 megawatt hours.
Regarding electricity rates, the company’s highest per kWh price is in January. Meanwhile, the highest average electric bill is in May. The company’s average commercial per kWh rate is 5.43 cents, and its customers’ average electricity bill is $2,990.37.
Electricity Plans
Freepoint Energy Solutions is focused on providing competitively priced, innovative, and sustainable electricity to business customers in Texas and states under a deregulated electricity market. To this end, Freepoint Energy Solutions has developed a portfolio of energy plans designed to help reduce your carbon footprint and save on energy costs.
Here are the types of plans offered by the company.
Fixed-rate Plans
Electricity rates fluctuate constantly. This increases your energy risk or the possibility that the price you pay per kWh will vary significantly from this month’s bill to the next. Lucky for you if the rates are on a downward trend. However, that seldom happens as power rates tend to surge rather than dip.
A fixed-rate plan can help protect you against the volatility of electricity prices. With this plan type, you lock in your per kWh rate for the duration of your contract. Freepoint Energy Solutions has a variety of contract lengths, so you have a high chance of finding one that meets your needs and goals.
With fixed-rate plans, you enjoy budget certainty and some predictability on your energy expenses. However, they have their downsides, too. For one, you won’t enjoy any savings if the price of electricity on the market drops. Also, most fixed-rate plans come with early termination fees.
Hybrid Plans
Hybrid plans let you enjoy the advantages of fixed and variable pricing strategies. With this plan type, you typically get a fixed rate for specific cost components of your electricity usage and a variable rate for the remaining portion of your bill. The beauty of hybrid plans is that they offer the stability of a fixed rate and the flexibility of a variable rate one.
For example, if the electricity demand is low during a certain period, the variable rate component of your hybrid plan may be lower than the fixed rate, resulting in cost savings for you. On the other hand, if the market conditions are volatile and the variable rate goes up, you’ll still have the security of a fixed rate for a portion of your usage, keeping your bills more stable.
However, hybrid plans also have some disadvantages. Because some components are subject to variable rates, you’re still exposed to a certain degree of price fluctuation on the market. Also, you’ll need to be constantly updated on the rates to take advantage of lower electricity prices. This requires more management than fixed-rate plans.
Index Rate Plans
Index rate plans have a pricing mechanism where the per kWh rate varies based on changes in wholesale electricity market prices or other external factors. These factors include weather conditions or demand-supply dynamics.
Some advantages of index rate plans include the flexibility to capitalize on lower electricity prices when the rates on the market plunge. Another perk this plan type offers is the freedom to switch to a fixed-rate plan within the contract’s term.
On the downside, you’re fully exposed to the unpredictable pricing shifts in the electricity market.
Service Areas
With a strong focus on customer satisfaction, FreePoint Energy Solutions serves a wide range of areas across the country. Their service coverage zone includes those states and cities covered by different electric utility companies.
Connecticut
- Eversource (formerly CL&P)
- United Illuminating
Delaware
- Delmarva Power & Light
Illinois
- Commonwealth Edison Company
Maine
- Bangor Hydro Electric Company
- Central Maine Power Company
Maryland
- Baltimore Gas & Electric
- Delmarva Power & Light
- Potomac Electric
- Potomac Edison (Allegheny Power)
Massachusetts
- Eversource Energy (formerly NSTAR)
- Eversource Energy (formerly Western Mass Electric)
- Fitchburg Gas and Electric (Unitil)
- Massachusetts Electric Company (NGRID)
- Nantucket Electric Company (NGRID)
New Hampshire
- Eversource Energy (formerly PSNH)
- Liberty Utilities (formerly National Grid & Granite State)
- Unitil Energy Systems, Inc. (formerly Concord, Exeter, and Hampton)
New Jersey
- Atlantic City Electric
- Jersey Central Power & Light
- Public Service Electric & Gas
New York
- Central Hudson
- Consolidated Edison
- Niagara Mohawk
- NY State Electric & Gas
- Orange & Rockland
- Rochester Gas & Electric
Ohio
- Cleveland Illuminating Company
- Columbus Southern
- Dayton Power & Light
- Duke Energy
- Ohio Edison
- Ohio Power
- Toledo Edison
Pennsylvania
- Duquesne Light
- Metropolitan Edison
- Pennsylvania Electric
- Pennsylvania Power & Light
- Penn Power
- Philadelphia Electric Company
- West Penn Power (Allegheny Power)
Rhode Island
- Narragansett
Texas
- AEP Texas Central
- AEP Texas North
- CenterPoint Energy
- Oncor
- Texas – New Mexico Power Company
Washington D.C.
- Potomac Electric
Contact Details
Looking to get in touch with Freepoint Energy Solutions? Don’t worry, reaching out to the company is a breeze. Here’s how to connect with them.
By phone: 800-982-1670
Call center hours are from 8:00 am to 5:00 pm
Through their website: https://www.freepointsolutions.com/contact-us/
By mail: Freepoint Energy Solutions LLC
3050 Post Oak Boulevard
Suite 1330
Houston, TX 77056
Advantages of Freepoint Energy Solutions
If you’re looking for eco-friendly, reliable, and cost-effective energy options for your businesses, Freepoint Energy Solutions might just be the perfect fit for you. There are plenty of reasons why you should consider making the company your go-to energy provider.
- The company offers 100% renewable energy plans.
- You can choose from various fixed-rate plans.
- Their energy plans come with competitive pricing with no gimmicks or hidden fees.
- They have a selection of plans with varying contract lengths.
- They provide online and mobile account management 24/7.
- You can avail of the company’s energy usage tools to help optimize your savings on your electricity costs.
- Freepoint Energy offers customized plans designed to meet your business’s energy goals.
How to Switch to Freepoint Energy Solutions?
You may not be satisfied with the service of your current electricity provider, or you’re simply looking for better rates. Whatever the reason, you’ll be glad to know that you can easily switch to a new energy company due to the deregulated electricity market in Texas.
If you want to enroll in any of Freepoint Energy Solutions’ electricity plans, here’s what you need to do.
- Determine what kind of plan you need: Take note that Freepoint Energy Solutions provides plans for commercial and industrial consumers only. So if you’re a business owner, you can browse their different energy plans.
- Review the company’s plan offerings: Check the per kWh rate, the contract length, additional charges, and the like.
- Contact the company: You can ask for further information about their plans. Freepoint Energy makes customer service their priority, so you can be sure they’re ready and willing to answer all your questions.
- Make the switch: Enroll in your chosen energy plan. The company will take care of the rest.
Conclusion
If you’re a business owner or industrial power consumer looking to reduce your carbon footprint, switching to Freepoint Energy Solutions is an excellent way to achieve your goal. Aside from conventionally-generated electricity, the company also offers electricity generated from renewable sources, such as wind and solar.
In a world where environmental concerns are at the forefront, FreePoint Energy Solutions leads the charge toward a brighter and greener future. As such, choosing this company to provide your business’s electricity needs will help you benefit from reliable and affordable electricity. On top of that, you’ll also be contributing to the efforts to create a sustainable world.
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