Varsity Energy: Texas Electricity Plans, Corporate Ownership & Consumer Review
Varsity Energy operates in Texas under the legal entity Varsity Energy LLC (PUCT REP Certificate #10271) and is owned by Varsity Energy LLC (Privately Held). Review verified corporate history, service areas, EFL fee structures, and available plans below.
Quick Facts (Varsity Energy):
- Market Role: Retail Electric Provider (REP) — sets retail plan rates and bills your account; local power lines and outage repairs remain with your TDU (Oncor, CenterPoint).
- PUCT REP Certificate: #10271 (Varsity Energy LLC)
- Brand Founded vs. Parent Founded: Varsity Energy brand launched in 2019 · Parent Varsity Energy LLC (Privately Held) founded in 2019.
- Headquarters: Houston, Texas
- Power Hopper Feed Status: Active Participating Partner (Live plans available by ZIP)
Compare Available Varsity Energy Electricity Plans on Power Hopper
Varsity Energy is an active participating supplier in Power Hopper’s authorized comparison feed across CenterPoint, Oncor (2 active plan-territory offers sampled across benchmark Texas TDU ZIP codes as of 2026-11-04, spanning 12-month contract terms). Exact plan availability and pricing depend on your service address.
| Plan Name | Term | 500 kWh Avg | 1,000 kWh Avg | 2,000 kWh Avg | Plan Documents |
|---|---|---|---|---|---|
| BLAST 12 | 12 mos | 14.5¢ | 14.0¢ | 13.8¢ | Official EFL ↗ · TOS ↗ · YRAC ↗ |
Note: Sample rates above reflect verified PowerHQ production feed observations as of 2026-11-04 (including local TDU delivery pass-through charges for the sampled utility territory). Exact availability and delivery charges depend on your five-digit ZIP code and assigned Transmission & Distribution Utility.
1. Who Is Varsity Energy and Who Owns It?
Founded in Houston, Texas in 2019 and certificated by the PUCT under REP Certificate #10271, Varsity Energy LLC is an independent, privately held Texas retail electric provider.
Operating History in ERCOT: Operates as a boutique Texas retail electric provider focusing on simple 12-month fixed-rate residential plans in the Oncor and CenterPoint utility territories.
| Consumer-Facing Brand | Varsity Energy |
|---|---|
| Certificated Legal Entity | Varsity Energy LLC |
| PUCT Certificate Number | REP #10271 |
| Entity Classification | Retail Electric Provider (REP) (Not a TDU wires utility or electricity broker) |
| Brand Founding Year | 2019 |
| Current Parent Company | Varsity Energy LLC (Privately Held) (Founded 2019) |
| Sister Texas Retail Brands | None in registry (operates as a standalone certificated Texas brand) |
| Corporate Headquarters | Houston, Texas |
| Verified TDU Service Areas | Oncor, CenterPoint |
| Customer Service Contact | 1-877-827-7489 · https://www.varsityenergy.com ↗ |
| Mailing Address | 2925 Richmond Ave, Suite 1200, Houston, TX 77098 |
| Last Independently Verified | 2026-11-04 |
2. Is Varsity Energy a Retail Provider or a Delivery Utility?
Varsity Energy is a Retail Electric Provider (REP), not a local delivery utility. If you enroll with Varsity Energy in Dallas, Fort Worth, Houston, Corpus Christi, or Lubbock, Varsity Energy does not own the poles, wires, or smart meter at your home. Your local Transmission and Distribution Utility (Oncor, CenterPoint, AEP Texas, TNMP, or LP&L) delivers the electricity, reads the meter, and restores power after storms. Regulated TDU delivery charges are passed through on your bill at the exact same PUCT-approved rate regardless of which retail provider you choose.
3. What Types of Electricity Plans Does Varsity Energy Offer?
- Condition-free 12-month fixed-rate plans (BLAST 12 series)
Renewable Energy Offerings: Includes the standard Texas renewable mix percentage disclosed on each plan’s Electricity Facts Label.
4. Billing Practices, Cancellation Fees, and Conditions to Check
- Billing & Payment Policies: Online account portal with paperless billing and automatic payment support.
- Early Termination Fee (ETF) Policy: Assesses a flat or per-month early termination fee as specified on the BLAST 12 EFL, waived when moving out of the service address.
5. What Varsity Energy’s Ownership Means for Customers (Before You Enroll)
Varsity Energy is a smaller independent Houston-based REP offering straightforward 12-month fixed-rate plans (BLAST 12) in Oncor and CenterPoint without minimum-usage fees or bill-credit traps. Remember that under ERCOT rules, your local delivery utility (Oncor or CenterPoint) handles all physical grid reliability regardless of the size of your retail billing provider.
Pre-Enrollment Checklist for Any Varsity Energy Plan:
- Open the plan’s official Electricity Facts Label (EFL) and compare the 500 kWh, 1,000 kWh, and 2,000 kWh average price rows. If the 1,000 kWh price is 4¢–6¢ lower than the 500 kWh and 2,000 kWh rows, the plan uses a usage-threshold bill credit that can increase bills in mild or peak months.
- Confirm whether the advertised energy charge requires continuous enrollment in AutoPay and paperless billing.
- Check whether the early cancellation fee is a flat dollar amount (e.g., $150) or per remaining month (e.g., $15–$20 × months left), and use our Switching Break-Even Calculator if you are leaving an existing contract.
- Mark your contract expiration date on your calendar so your account does not roll onto a high month-to-month holdover rate when the fixed term ends.
Frequently Asked Questions About Varsity Energy
Who owns Varsity Energy in Texas?
Varsity Energy operates under the legal entity Varsity Energy LLC (PUCT REP Certificate #10271) and is owned by Varsity Energy LLC (Privately Held). The Varsity Energy brand dates to 2019, while its parent company traces its founding to 2019.
What is Varsity Energy’s PUCT certificate number?
Varsity Energy is certificated by the Public Utility Commission of Texas under REP Certificate #10271 (Varsity Energy LLC).
Can I waive Varsity Energy’s early cancellation fee if I move?
Yes. Under Public Utility Commission of Texas Substantive Rule §25.475, every certificated Texas retail electric provider—including Varsity Energy—must waive the early termination fee when a residential customer moves out of the service address and provides reasonable proof of the move.
Authoritative Sources & Verification
Profile last verified 2026-11-04 by Power Hopper (BJW Ventures LLC d/b/a Power Hopper, PUCT Broker Registration BR260201). Back to All Texas Electricity Providers · Compare Plans by ZIP Code · Electricity Calculators.