StarTex Power
 |
 | This article reads like a press release or a news article and may be largely based on routine coverage. (December 2016) |
 | |
| Industry | Energy |
|---|---|
| Founded | 2004 in Houston, Texas |
| Defunct | June 20, 2018 |
| Fate | Acquired by Constellation |
| Headquarters | |
| Parent | Constellation (An Exelon Company) |
StarTex Power was a Texas-based retail electricity provider between 2004 and 2018. The company was headquartered in Houston, Texas.
History
[edit]Texas deregulated the electricity market in 2002. StarTex Power was founded in 2004 by Marcie and Bob Zlotnik.[1] Marcie previously served as president and director of Gexa Energy, a retail electricity provider she co-founded in 2001.[1] StartTex was purchased by Constellation Energy in 2011 and the StarTex brand was discontinued on June 20, 2018.[2]
The Company
[edit]StarTex Power served roughly 170,000 customers.[citation needed] The company sold its services to commercial and residential customers and collaborated with different companies to provide StarTex Power Green.
In 2009 StarTex Power was ranked #1 by JD Power and Associates for customer satisfaction.[3] In 2010, StarTex Power was a Pinnacle Award recipient by the Better Business Bureau for their customer care and ethical practices.[4] StarTex was also named a Houston Chronicle Top Workplace in 2010 after their launch of an employee stock ownership plan and for their continuing efforts to foster employee growth and encouragement.[5]
On May 27, 2011 Constellation Energy announced its intention to purchase StarTex Power, which was completed on June 1, 2011.[6] After the acquisition, StarTex kept its headquarters in Houston, where its 150 employees reside.[7]
See also
[edit]References
[edit]- ^ a b "About Us - StarTexPower.com". www.startexpower.com. Archived from the original on 2011-01-07.
- ^ "StarTex Power is now Constellation in Texas | Constellation". 20 June 2018.
- ^ http://www.houstonelectricrates.com/608/startex-power-customer-review-ranked-1-by-jd-power-and-associates/
- ^ http://www.cheaptexaselectricrates.com/2010/08/18/startex-power-receives-better-business-bureau-pinnacle-award/
- ^ "News" (Press release).
- ^ "Constellation Energy acquires StarTex Power" (PDF). StarTex Power. 2011-05-27. Archived from the original (PDF) on 2012-05-04.
- ^ "StarTex Power to be acquired by Constellation Energy". POWERGrid International. 2011-05-27. Retrieved 2019-11-19.