Companion Energy Plans, Pricing and Coverage Area

Q: Does this count as pet insurance?

No, this is a wellness benefit , not insurance. Insurance typically reimburses you for expensive surgeries or accidents after you pay. Companion Energy’s benefits give you free virtual advice (to decide if you even need a vet visit) and a 25% discount on in-person services at participating clinics. It pairs perfectly with insurance, but it works differently.

Quick Facts:

Do the “Pet Math” before comparing rates. While their price per kWh is competitive, the real value lies in the included perks; the free 24/7 virtual vet access (valued at over $400/year) may save you more money annually than a slightly lower electric rate elsewhere.
Check the “Electricity Facts Label” (EFL) for usage credits. If you choose a “Savings” plan, make sure your home typically uses over 1,000 kWh per month; otherwise, you might miss the bill credits that make the rate attractive.
They are built for stability, not month-to-month flexibility. Companion Energy focuses on 12 to 24-month fixed-rate contracts to lock in your price, making them a better fit for long-term residents than for someone needing a short-term or temporary solution.
It is a fully digital experience. You will get the most out of this provider if you are comfortable using their mobile app, which serves as the central hub for both paying your bill and accessing your pet health benefits.

About Companion Energy

“Powering Homes, Protecting Pets”

If your dog or cat could pay the bills, this is the electricity provider they would choose. Companion Energy is a Texas-based retail electric provider (REP) that has carved out a unique and heartwarming niche in the deregulated energy market, they are the “pet-friendly” power company.

Founded on the belief that utilities should do more than just keep the lights on, Companion Energy bundles competitively priced electricity plans with substantial perks for pet owners. They operate under a simple yet powerful mission, to provide reliable power for your home while actively supporting the health and happiness of your furry family members. Beyond just serving customers, they are committed to animal welfare, partnering with local charities to give back to the community. For anyone moving to a new home with a four-legged friend, Companion Energy offers a way to turn a monthly chore (paying the electric bill) into a way to care for your pet.

Companion Energy Plans & Pricing

Plan Name	Rate	Plan Type	Renewable	Cancellation Fee
Companion + Perks 6	$0.13500 /kWh	6 Months Fixed Rate	30%	$150.00	Check Availability
Companion + Perks 12	$0.15200 /kWh	12 Months Fixed Rate	30%	$150.00	Check Availability
Companion Savings + Benefits 12	$0.20200 /kWh	12 Months Fixed Rate	30%	$150.00	Check Availability

*plans and pricing may vary by area. Plans based on Texas service area.

Types of Plans

Companion Energy focuses on simplicity and stability, primarily offering fixed-rate plans that protect you from market volatility. Their plans generally fall into a few clear categories, all of which include their signature pet benefits.

Companion + Benefits (12 or 24 Months): This is their flagship standard fixed-rate plan. You lock in a set rate for one or two years. It’s a straightforward “what you see is what you get” plan designed for stability. It’s ideal for customers who want a predictable bill without worrying about usage thresholds.
- Best for: Renters or homeowners who want simple, flat-rate pricing.
Companion Savings + Benefits (12 or 24 Months): The “Savings” line typically includes bill credits that kick in when your usage hits a certain level (often 1,000 or 2,000 kWh). These plans can offer a lower effective rate per kWh for medium-to-large homes that consistently use more power.
- Best for: Families in larger homes or customers with consistently high energy usage who can maximize the bill credits.
Companion Edge + Benefits: Often available as a 12-month option, this plan may offer different rate structures or eligibility requirements. Like the others, it locks in your rate to protect against seasonal spikes.
100% Green Options: Many of the plans above are available as “Green” versions, sourcing 100% of your energy usage from renewable sources like wind and solar.

Companion’s Coverage Areas

Companion Energy serves the deregulated electricity markets of Texas. If you live in an area where you have the power to choose your provider, you can likely sign up with them.

Major Cities Served Include:

Dallas / Fort Worth (Oncor)
Houston (CenterPoint)
Corpus Christi (AEP Central)
Abilene (AEP North)
Midland / Odessa (Oncor)
Lubbock (LP&L)
McAllen / Harlingen

Energy Types and Sources

Companion Energy provides electricity generated from the diverse Texas power grid.

Standard Plans: Typically include a mix of natural gas, nuclear, coal, and renewables (wind/solar), reflecting the overall ERCOT grid composition (usually around 20-30% renewable content by default).
Renewable Energy: They are strong supporters of green energy. You can specifically choose 100% Renewable Energy plans, which ensure that Renewable Energy Certificates (RECs) are purchased to match 100% of your usage. This allows you to support Texas wind and solar farms while powering your home.

Renewable & Conservation Efforts

Aside from offering 100% green plans, Companion Energy’s digital-first approach (paperless billing options) helps reduce waste. However, their most distinct “conservation” effort is actually animal conservation. By partnering with animal welfare charities, your patronage indirectly supports the rescue, rehabilitation, and protection of animals across the state.

Mobile App

Yes, they have a dedicated mobile app available on both iOS and Android.

Key Features:

Pet Benefits Hub: The app’s standout feature. You can access your Airvet account (24/7 video vet chats) and download your digital Vet Discount Card directly from the app.
Bill Management: View your current bill, pay instantly, and set up AutoPay.
Usage Tracking: Monitor your daily, weekly, and monthly energy usage to avoid bill surprises.
Account Updates: Easily update your contact info or renew your plan.

Fees, Deposits, and Requirements

Credit Check: Like most Texas REPs, Companion Energy generally performs a soft credit check to determine eligibility. This usually does not impact your credit score.
Deposits: If you do not meet their credit threshold, a deposit may be required. However, they may offer options to waive this for customers with good payment history or seniors (65+).
Cancellation Fees:
- 12-Month Plans: Typically around $150.
- 24-Month Plans: Typically around $295.
- Note: As per Texas law, the Early Termination Fee (ETF) is waived if you provide proof that you are moving out of the residence.

Satisfaction Guarantee

While Companion Energy does not prominently advertise a “30-day switch for free” guarantee like some competitors, they adhere to the “Your Rights as a Customer” (YRAAC) mandates. Their true “satisfaction” driver is the value of the included benefits, specifically the Airvet service (valued at ~$420/year), which remains active as long as you are a customer. They also offer a seamless move-out experience without penalty.

Other Interesting Info

Companion Energy offers virtual vet car and in-network discounts for all of your pets.

The “Airvet” Partnership: This is a big deal. You get unlimited 24/7 video calls with licensed veterinarians. Did your dog eat a sock at 2 AM? You can video chat a vet for free instead of rushing to the emergency clinic.
Vet Discounts: You get 25% off in-house medical services at participating in-network veterinary clinics.
No Pet Limits: Unlike pet insurance which charges per pet, Companion Energy’s benefits cover all pets in your household, regardless of age, breed, or pre-existing conditions.

Why Choose Companion Energy?

You should choose Companion Energy if you are a pet parent who wants their monthly bills to work harder for them.

For the Peace of Mind: The free 24/7 vet access alone pays for the “membership” of being a customer.
For the Simplicity: Their app integrates your utility management with your pet care needs.
For the Cause: It feels good to know your energy provider cares about the same things you do.

What Makes Them Different?

Most energy providers compete solely on fractions of a penny per kilowatt-hour. Companion Energy competes on lifestyle. They are the only provider that has built their entire brand identity around supporting pet owners. While others offer “movie tickets” or “airline miles” as temporary sign-up bonuses, Companion Energy builds permanent, high-value pet healthcare services directly into every single plan they sell.

FAQs About Companion Energy

Will my power go out when I switch to Companion Energy?

Not even for a second! In Texas, your local utility company (like Oncor or CenterPoint) manages the actual wires and poles. When you switch to Companion Energy, the change happens seamlessly in the background. You won’t experience any interruption in service, just a different logo on your bill and some great new perks for your pets.

How long does it take to switch?

It’s usually very fast. If you are switching for your current home, it can happen in as little as 3-7 days (depending on your meter read cycle). If you are moving to a new home, you can often select your specific move-in date during sign-up to ensure the lights are on when you arrive.

Do I need a special meter?

Nope! As long as you have a standard smart meter (which most homes in deregulated Texas areas already have), you are good to go. Companion Energy uses the data from your smart meter to track your usage and billing.

Is the “Airvet” service really free, or is it a trial?

It is fully included! As long as you are an active Companion Energy customer, you have unlimited access to Airvet’s 24/7 video calls. There are no hidden subscription fees for the service. It’s a permanent perk of your electricity plan.

Does this count as pet insurance?

No, this is a wellness benefit, not insurance. Insurance typically reimburses you for expensive surgeries or accidents after you pay. Companion Energy’s benefits give you free virtual advice (to decide if you even need a vet visit) and a 25% discount on in-person services at participating clinics. It pairs perfectly with insurance, but it works differently.

I have a zoo at home (3 dogs and 2 cats). Do I have to pay extra?

Bring ’em on! The benefits cover your entire household. Whether you have one hamster or five Golden Retrievers, the Airvet access and vet discounts apply to all the pets in your home.

What happens if I move before my contract is up?

Life happens! If you move to a new address, you can usually transfer your service with you. If you move to an area Companion Energy doesn’t serve (or out of state), you can cancel your contract without penalty. You just need to provide proof of your move (like a forwarding address) to have the Early Termination Fee waived.

Does Companion Energy require a deposit?

Like most providers, Companion Energy runs a soft credit check to determine eligibility. If your credit history meets their criteria, no deposit is needed. If a deposit is required, you may be eligible to have it waived if you are over 65 or have a recent history of on-time payments with another electric provider.

What is the “Savings” plan?

That is a plan designed for homes that use a moderate amount of power. It typically includes a “usage bill credit”, meaning if you use over a certain amount (like 1,000 kWh) in a billing cycle, you get a credit that lowers your overall bill. It’s great for larger homes, but if you travel often or have a very small apartment, check the details to make sure you’ll hit that usage target!

About the Author

David Cosseboom

David has been an integral part of some of the biggest utility sites on the internet, including InMyArea.com, HighSpeedInternet.com, BroadbandNow.com, and U.S. News. He brings over 15 years of experience writing about, compiling and analyzing utility data.

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