Welcome to the Palmetto Energy Plan! Designed for homeowners in Texas, this retail electricity plan provides renewable grid energy for homes beyond what is produced by solar panels. With competitive import rates and matched buyback rates for excess solar energy production, the Palmetto Energy Plan offers convenience, savings, and sustainability all in one place.
When you go solar with Palmetto LightReach, you can opt into the Palmetto Energy Plan to enjoy 100% of your home’s energy managed through a single platform—your home.palmetto.com account or the Palmetto app.
Why Choose the Palmetto Energy Plan?
Homeowners in Texas have the power to choose their retail electricity provider. Selecting the wrong plan can lead to higher costs and limited rewards for excess solar energy sold back to the grid. The Palmetto Energy Plan eliminates this confusion by offering a straightforward and beneficial option for solar and non-solar energy needs. Here’s why it stands out:
Convenience: Manage all your energy needs, billing, and support in one place—home.palmetto.com or the Palmetto app.
Savings: Get a 1:1 solar buyback match. Any excess energy your solar panels generate is credited at the same rate you pay for imports. Credits never expire.
Sustainability: Any energy you use beyond solar is sourced from 100% renewable sources.
Ease of Use: Sign up online in under 60 seconds, with no hardware or service changes needed. Cancel anytime without fees.
Key Benefits of the Palmetto Energy Plan
Matched Buyback Rates: Earn full 1:1 credits for excess solar energy. For example, if you pay 13.0¢/kWh for imported energy, you’ll receive the same 13.0¢/kWh credit for exported solar energy.
Transparent Pricing: No hidden fees—what you see is what you get.
Renewable Energy Imports: Enjoy 100% renewable energy for any grid electricity needs.
Seamless Transition: Your current energy provider is switched automatically, ensuring no service interruptions. Just pay your final bill from your old provider.
How to Sign Up
Signing up for the Palmetto Energy Plan is quick and easy:
Log in to your account: Visit home.palmetto.com and log in to your account.
Start the process: Follow the prompts to enroll in the Palmetto Energy Plan.
Complete the form: Provide the necessary information. No additional credit checks are required.
Enjoy the benefits: Your electricity provider will be switched in the background, and you’ll start enjoying renewable energy savings immediately.
FAQs
Q: How is my plan’s pricing calculated? A: Pricing is based on your location and includes grid connection fees, transmission and distribution fees, and local taxes. You can view your rate quote during the sign-up process.
Q: Are there any fees? A: No hidden fees. Pricing is transparent and straightforward.
Q: How does billing work? A: Your electricity bill is automatically charged to your credit card through Autopay each month. The full amount will be processed within two business days of the due date.
Q: Do my credits expire? Are there early termination fees? A: No, your solar energy credits never expire, and there are no early termination fees.
Q: What if I have a power outage? A: For power outages, contact your local transmission and distribution utility provider (e.g., Oncor, CenterPoint, AEP).
Q: Who handles customer support? A: Customer support for the Palmetto Energy Plan is managed by Palmetto. Please call 855-339-1831 or chat with us on help.palmetto.com
Q: How do I calculate my savings? A: If you aren’t currently on a solar buyback plan, calculate your savings as follows: Example: 340 kWh/month x 12 months x $0.13/kWh = $530/year in potential savings.
Availability
The Palmetto Energy Plan is available in most deregulated Texas markets. It is not offered in areas where retail choice is unavailable (e.g., certain municipal or cooperative utilities).
Sign up today to lock in competitive rates and start enjoying the convenience, savings, and sustainability of the Palmetto Energy Plan!