About Iberdrola Texas
Iberdrola Texas is a newer player in the Texas electricity market, beginning operations in early 2020. But that doesn’t mean the Houston-based company is new to being an energy provider. Iberdrola Texas is part of Iberdrola Group, based in Spain, and is one of the world’s largest utility companies. It has 1000 million global customers.
Other than its Spanish heritage, what makes it different? The retail energy provider (REP) also is a leader in wind energy. Its electricity plans in Texas are derived from 100 percent wind power. Texas itself is the national leader in electricity generation through wind power, producing about 30 percent of the nation’s monthly output. Iberdrola Texas provides straightforward rates for its plans – its do not require minimum usage levels for bill credits and other gimmicks.
Want another reason to consider Iberdrola Texas? The company recently launched a program where it will help new customers with an early termination fee charged by their most recent provider. The company says it will pay up to $150 in these cases. Early termination fees are charged by providers when a customer cancels a contract before its completion.
Here’s the legal language Iberdrola Texas uses to describe the program: “This promotion is subject to you emailing email@example.com a copy of your bill showing you have been charged an early termination penalty from your previous supplier. Iberdrola Texas will apply a bill credit to your account equal to this amount, up to a maximum amount of $150, upon successful payment of your first bill.”
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