BKV Energy is a new entrant to the Texas electricity market, offering basic fixed rate plans. Explore details of their Bluebonnet, Verbena and Daisy electricity plans. and compare their rates to similar fixed rate plans.
About BKV Energy
Our Quick Take
BKV Energy entered the Texas market in 2022, as an offshoot of BVK Corporation, a natural gas production company. They’ve made their name by offering only fixed rate electricity plans, avoiding the messy complications that come with fine print electricity plans. While we don’t include BKV Energy plans on our website, you can use this information to compare their rates, plans and reviews to other electricity providers.
ElectricityPlans.com is not affiliated with BKV Energy and provides this information so you can compare them with other companies. The BKV Energy company name and logo shown on this page are the property of BKV Energy.
Key Facts
- Company Address: 4800 Blue Mound Road, Fort Worth, TX 76106
- Year Founded: 2022
- Renewable Energy Commitment: Mixed, 29-100% depending on plan
- Plan Types Offered: Fixed rate
- Satisfaction Guarantee: 30-Day Power Pilot lets Bluebonnet Plan customers switch away in the first 30 days with no termination fee. Other plans, like Daisy and Verbena, may not offer this. Many other electricity companies offer a 30-90 day satisfaction guarantee.
- Ownership: BKV Corporation, a natural gas production company founded in 2015 and based in Denver. BKV Corporation is 63% owned by Banpu PCL, a Thai energy company, with the remaining shares owned by individuals and venture capital firms.
- Customer Service: Monday to Friday 8:00 AM to 7:00 PM, at 855-258-4797
- Bill Pay Log-in: Pay your bill online via BKV Login or BKV Quick Pay
Compare BKV Energy’s Electricity Rates and Plans
BKV Energy has three plans types, Bluebonnet, Daisy and Verbena, each created for a different sales program. Each plan has traditional energy or green energy options, so you can choose energy that’s 29% green or 100% green.
BKV Energy Daisy is their lowest priced electricity plan, only found on PowertoChoose.org.
BKV Energy Verbena is sold on comparison shopping sites. This plan is priced between Daisy and Bluebonnet. However, you won’t receive any of the rewards benefits or the rate reduction program that BKV advertises.
BKV Energy Bluebonnet is their premium-priced electricity plan with benefits. When you choose Bluebonnet, you’ll be in the BKV Energy Plus program, with access to their Reduce Your Rate program (if prices drop, they could lower your rate), monthly reward points, a monthly giveaway drawing, and an annual loyalty payout. The rate reduction program is a little complicated; if you agree to the lower rate, they’ll end your current contract and sign you to a new one, thereby extending your contract term with a new rate.
You can add BKV Energy Plus to your Verbena or Daisy plan for $9.95 per month. But remember, that adds to your average price. It’s effectively adds almost a full penny per kWh to your rate based on 1000 kWh/month. Here’s the math: $9.95/1000 kWh/month = an adder of $0.00995 to your average price per kWh. That’s NOT a good deal. If you want the Energy Plus perks, just buy the Bluebonnet plan.
TIP: For fixed rate plans with no base charge, filter by BillSmart Plan Score 5/5. Plan Score ranks plans based on their bill predictability, with the best plans offering basic fixed rates.
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Basic Fixed Rate Plans – Compare Rates vs. BKV Energy
| Plan Name | Term | Rate/kWh |
|---|---|---|
| GoodCharlie Energy GoodEnergy 12 | 12 | 12.9 ¢ |
| Champion Energy Services ElectricityPlans Preferred-12 | 12 | 13.1 ¢ |
| Energy Texas Come and Take It 12 | 12 | 13.3 ¢ |
| Champion Energy Services Champ Silver 24 | 24 | 13.5 ¢ |
| Atlantex Power Luminous 12 | 12 | 13.6 ¢ |
| Champion Energy Services ElectricityPlans Preferred-24 | 24 | 13.6 ¢ |
| APG&E Electricity Plans 12 | 12 | 13.6 ¢ |
| Chariot Energy Solarize 12 | 12 | 13.6 ¢ |
| Base Energy 12 | 12 | 13.7 ¢ |
| Chariot Energy Solarize 24 | 24 | 14.2 ¢ |
| Rhythm Energy Simply Select 12 | 12 | 14.2 ¢ |
| Rhythm Energy Simply Select 6 | 6 | 14.2 ¢ |
| Base Energy 36 | 36 | 14.2 ¢ |
| Champion Energy Services Green Energy 24 | 24 | 14.3 ¢ |
| Rhythm Energy Simply Select 9 | 9 | 14.3 ¢ |
| Constellation 12 Month (No Min Usage Fee) | 12 | 14.3 ¢ |
| APG&E Electricity Plans 24 | 24 | 14.6 ¢ |
| Chariot Energy Solarize 36 | 36 | 14.7 ¢ |
| Rhythm Energy Simply Select 24 | 24 | 14.8 ¢ |
| Rhythm Energy Simply Select 14 | 14 | 15.0 ¢ |
Compare Electricity Rates vs. BKV Energy
BKV Energy Customer Reviews
BKV Energy has overall positive reviews.
Overall Customer Satisfaction
Google reviews for BKV Energy show a 4.6/5 star rating. Most consumers review the higher-priced Bluebonnet plan, which includes value-added extras and rewards; who doesn’t like getting bill credits or gift cards just for paying your bill!
What Customers Like
Customers like the Bluebonnet plan’s rewards program, monthly drawings and “community” feel of BKV’s communications.
Common Complaints
Customer complaints are primarily around inflexible payment options for those struggling to pay, and poor customer service experiences.
Best Alternatives to BKV Energy
Champion Energy is our top alternative to BKV Energy. They’re known for their excellent customer service and offer weekly usage reports, with fixed rate electricity and no monthly base charge. Other options for fixed rate no base charge plans include APG&E and Energy Texas fixed rate plans.
How to Compare Electricity Plans in Texas
Comparing electricity plans in Texas is easy when you use the right tools. Like ElectricityPlans.com, where our BillSmart™ Low Bill Finder, BillSmart Calculator, BillSmart Plan Score and CostCurve™ show you what you’ll pay before you sign up. The advertised rate at 1000 kWh is not the rate you’ll actually pay. It’s important to shop by usage, to see your effective rate. Only than can you be sure that a plan is right for you.
Here are the basic steps to compare electricity plans:
- Enter your zip code on a comparison shopping site like ElectricityPlans.com
- Enter your average usage to see plans based on effective rate.
- Select up to three plans to compare side by side
- Check the effective rate and estimated bills to find the cheapest rate for your home.
- Click or call to enroll.
We recommend basic fixed rate electricity plans as the best choice for most consumers.
Pro Tip: Moving in to a new home? Estimate your annual usage based on 6.48 kWh/square foot, which is the average power usage for Texas homes. Then divide by 12 to get your monthly average. Check our move center for more information.
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Frequently Asked Questions About BKV Energy
BKV Energy is an excellent company with affordable rates and basic fixed rate electricity plans. They have been an electricity provider in Texas since 2022.
If your home has a switch hold from a previous occupant, you can still switch by submitting a New Occupant Statement to BKV Energy. They’ll then work with your local utility company to get your service established.
BKV Energy charges $20 per month remaining in your contract. Compare that to a typical $150 termination fee for most other providers on a 12 month contract.
BKV Energy has a 4-star PUCT rating, which is not great but not bad. You can check their rating any time on the PUCT scorecard.
