Almika Energy Rates, Plans and Reviews

Last Updated: April 17, 2025

Almika Solar, a Texas light company, provides 100% green energy plans and solar buyback offerings, covering most deregulated areas of Texas.

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Frank is an award-winning, nationally recognized energy industry expert, with a long and successful career in electricity and digital publishing. His has built industry-leading startups by developing first-to-market innovations combined with an obsession with quality and customer service. In 2011, he founded Electricity Club, which operates Home Energy Club and other energy platforms.
Nathan Schluter is a content manager based in Houston, Texas, who has written professionally for a decade. A native Texan, Nathan specializes in helping consumers make informed purchasing decisions on complicated topics such as deregulated energy and energy efficiency. He learned the ins and outs of the deregulated energy sector in Texas, working alongside experts in the field, such as Frank Eakin. When he isn’t working, Nathan enjoys writing fiction, playing music, and exploring with his dog, Freya.

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Almika Solar is a Texas electricity provider that specializes in 100% renewable energy plans. Its primary electricity source is solar farms. Almika also offers a solar buyback program, which allows homeowners with solar panels to sell their excess energy. However, as of February 2025, it is only offering 60-month electricity plans, lacking shorter contract options like most of its competitors.

Founded in 2019, Almika Solar is part of the Almika group, which also provides other services such as solar installations and financing for home energy solutions. The provider earned a 4.5 out of 5 in our review of electricity providers in Texas. Almika Solar provides deregulated electricity to most areas of Texas, including major cities like Houston, Dallas, Fort Worth and Corpus Christi.

Almika Solar Plans and Rates in Texas

As of 2025, Almika Solar only offers the 60 Energy Plus Buyback Plan in Texas, which includes the following features:

  • Fixed electricity rate
  • 60-month contract term
  • Solar buyback at 10 cents per kilowatt-hour (kWh)

Almika offers these plans across all the ZIP codes it serves. However, keep in mind that final rates may vary by location due to differences in power transmission and distribution costs. Also, consider that Texas has a competitive deregulated energy market driven by supply and demand, and electricity rates tend to spike when demand is high. This usually happens in summer due to air conditioning and, to a lesser extent, in winter due to space heating.

An online marketplace, such as Home Energy Club, makes it easier to compare electricity plans in your ZIP code. Our platform allows you to filter plans by features like renewable energy content and contract length. You can also display electricity rates based on your consumption level for a more accurate price comparison.

Almika Solar Plans and Rates in Houston

Almika tends to charge very high rates relative to the average Texas electricity rate. According to December 2024 data from the U.S. Energy Information Administration (EIA), the statewide average is 15.32 cents per kWh. Meanwhile, Almika’s rates are over 20 cents per kW in the Houston area.

Plan NameTerm LengthPlan TypeRate (Cents per kWh)
60 Energy Plus Buyback Plan60 monthsFixed-rate21.8

Electricity plans and rates are accurate as of March 2025 for the 1,000 kWh usage level.

Almika Solar Plans and Rates in Dallas

Almika’s rates in the Dallas-Fort Worth metro area are similarly costly when compared to the average energy rate in Texas. Its plan starts well over 20 cents per kWh.

Plan Name Term LengthPlan TypeRate (Cents per kWh)
60 Energy Plus Buyback Plan60 monthsFixed-rate21.7

Electricity plans and rates are accurate as of March 2025 for the 1,000 kWh usage level.

Almika Solar Plan Types and Guarantees

Almika Solar currently offers a single electricity plan in Texas: a 60-month fixed-rate plan with solar buyback. This plan includes the following features:

  • Fixed energy charge: 14.5 cents per kWh plus local TDU fees
  • Base charge: $14.95 per month plus local TDU fees
  • Solar buyback rate: 10.0 cents per kWh
  • Early termination Fee: $14.95 per each remaining month in your contract

*Note that these prices are accurate as of March 18, 2025, and may have changed.

The Almika group also offers home solar systems through its Almika Energy business unit and project financing through Almika Renewable Finance. Despite their similar names, Almika Solar operates as a retail electricity provider, while Almika Energy is a solar system installer. The name “Almika Energy” is often used to refer to the retail electricity provider, but this is a mistake.

Our Take on Almika Solar

Almika Solar earns 4.5 out of 5 stars in our review methodology for electricity providers, which considers four performance areas: customer satisfaction, online experience, customer service and customer retention.

The main drawback of Almika Solar is its lack of plan options, offering only one fixed-rate plan with above-average rates. Additionally, the company only provides 60-month contract terms as of March 2025, while other electricity providers offer shorter plan lengths, such as 12 or 24 months. However, Almika offers a favorable solar buyback rate of 10 cents per kWh for five years, making it a viable option for solar panel owners with plenty of surplus production. In comparison, most Texas electricity providers offer solar buyback rates below 6 cents per kWh.

Almika SolarAverage for Electricity Providers in Texas
Customer Satisfaction4.04.4
Online Experience5.04.4
Customer Service4.44.6
Customer Retention4.84.5

Almike Energy Pros and Cons

Like any electricity provider, Almika Solar has advantages and drawbacks, which we summarize below:

Pros

  • Almika offers a solar buyback rate of 10 cents per kWh for five years.
  • The Almika group also provides solar installation services and project financing.
  • The company has a user-friendly website with clear information.
  • Almika provides 100% renewable energy, primarily sourced from solar farms.

Cons

  • Almika only offers 60-month electricity plans as of 2025, with no shorter options.
  • The company charges above-average electricity rates.
  • Almika Solar only serves four of the six utility territories in Texas.

Almika Energy vs. Top Energy Companies

Here, we compare Almika Solar with TXU Energy and Gexa Energy, two leading electricity providers with green energy plans and solar buyback rates. As shown in the table below, Almika’s competitors outclass it in terms of plan options.

However, Almika Solar provides a solar buyback rate of 10 cents per kWh, while Gexa only pays 3 cents per kWh for excess solar generation. TXU offers solar buyback rates ranging from 5 to 14 cents per kWh, depending on the plan you choose. However, the plans with high buyback rates also charge an elevated retail price when you draw power from the grid.

Almika Solar also suffers from a lack of shorter contract options, while TXU and Gexa have many plans ranging from 12 to 36 months.

FactorAlmika SolarTXUGexa Energy
Our overall rating(Out of 5)4.54.94.6
Number of plans available12125
Top 12-month planNASolar Buyback Match 12Gexa 12
Best featureSolar buyback rate of 10 cents per kWhHigh compensation rate for excess solar energyAll 100% renewable energy plans

Almika Energy Overview

Almika Solar specializes in 100% renewable energy plans with solar buyback rates, while its sister companies, Almika Energy and Almika Renewable Finance, provide solar installations and project financing, respectively. The group was founded by energy entrepreneurs Cameron Palmore and Celestine Vertical. Below are some key facts about Almika Solar, which operates exclusively in Texas:

  • Customer Portal: https://almikasolar.net/
  • Year Founded: 2019
  • Parent Company: Almika Group
  • Headquarters: 1885 Dart St, Houston, Texas 77007

Where Is Almika Energy Available?

Texas divides its deregulated electricity market into six service territories, each managed by a single transmission and distribution utility (TDU). It’s important to understand the key differences between your utility company and your electric company. While you can choose your electricity provider, your geographic location in the state determines which utility company manages the power grid in your area. Almika offers its electricity plans in four of the six TDU areas:

Almika Energy Reviews and Ratings

As of February 2025, Almika Solar does not have a Google rating. The company has a profile on the Better Business Bureau (BBB) but is not accredited and has zero customer reviews. However, we can analyze customer experiences based on the Home Energy Club assessment methodology and survey results.

When asked about their experience with Almika Solar, customers highlighted two key factors:

  • Almika electricity plans work well with solar panel systems.
  • The company offers affordable electricity rates.

Almika offers a solar buyback rate of 10 cents per kWh for five years, which can help solar panel owners maximize the return on investment for their solar system. However, the affordable rates mentioned in our survey likely refer to previous plans that are not currently available. Almika currently charges an energy rate of 14.5 cents per kWh, which increases to around 20–21 cents per kWh with TDU fees.

Who Should Pick Almika Energy?

Having only one electricity plan available as of 2025, Almika Solar targets a specific type of customer. The Almika 60 Energy Plus Buyback Plan may be a viable option if you meet the following conditions:

You Own a Large Solar Panel System

Almika purchases excess solar energy at 10 cents per kWh, which is 2–3 times higher than most solar buyback rates in the market. For example, if your solar system generates 1,000 kWh of excess energy in a summer month, you earn a $100 credit that can cover at least a portion of your nighttime consumption.

You Want a Long-Term Contract

As of February 2025, Almika Solar only offers 60-month contracts. There is an early termination fee (ETF) of $14.95 per each remaining month, which means you must be willing to assume a long-term contract. For example, if you cancel the 60 Energy Plus Buyback plan after 20 months, you must pay $598 for the remaining 40 months. However, if you move to another address anytime during the five-year contract term, you can switch the plan without penalties.

You Want To Power your Home with 100% Renewable Energy

The Almika Solar plan is 100% renewable, which means you can use clean electricity 24/7. Under this plan, you can generate solar power during the day and switch to the grid at night, while still using renewable energy. Many solar buyback plans from competitors provide a mix of renewable and non-renewable energy when you switch to the grid, which means you are not using 100% green energy — even with solar panels installed.

How To Get Started with Almika Energy

Almika Energy has a simple website design with only one electricity plan as of February 2025, making the sign-up process straightforward:

  1. Enter your ZIP code to display the Almika electricity rate for your location.
  2. Click the green “More Info” button to read detailed information about the plan.
  3. Click the orange “Select Plan” button and specify whether you’re moving to a new address or switching to Almika at your existing address.
  4. Provide your service address and contract start date.
  5. Almika will use an online form to request your contact information, Social Security Number (SSN) and other key details about your service.
  6. Create a username, password and PIN for your account.
  7. Click on “Review and Submit” to complete the service request.

Almika does not charge a sign-up fee, but you may be required to pay a security deposit based on your credit record. Additionally, if you’re currently under contract with another provider, you must usually pay the ETF to cancel your current plan.

Contacting Almika Energy

Almika Solar provides the following communication options:

To report a power outage, downed power lines or other grid-related issues, you must contact the local transmission and distribution utility (TDU). Retail electricity providers like Almika Solar operate exclusively as energy suppliers in Texas and have no direct control over the local power grid. Your TDU depends on your location, but you can find its name on your monthly power bills.

Moving or Transferring Service with Almika Energy

The Almika Solar website does not explain the exact procedure for transferring your service to another address. However, you can normally request a service transfer by calling customer service or sending an email. When requesting the transfer, you must provide your new address and move-in date.

  • If your current and new addresses are in the same TDU territory, you can usually transfer the same electricity plan.
  • If your current and new addresses are in different TDU areas, you must end your contract and start a new one — even if you remain with Almika Solar.
  • You are exempt from cancellation fees in both cases.

Most electricity providers in Texas offer same-day service, but waiting until the last day can lead to service interruptions or delays. We recommend requesting your electricity service transfer as soon as you have a confirmed move-in date.

Is Almika Energy Right For You?

The Almika 60 Energy Plus Buyback plan may be a viable option for solar panel owners who want to secure a favorable buyback rate for five years. Most solar buyback plans in Texas offer rates between 3 and 6 cents per kWh, while Almika offers 10 cents per kWh. Additionally, solar buyback plans usually range from 12 to 36 months, which means you are not guaranteed to find a similar rate after three years.

However, Almika Solar comes with the downside of high rates when you switch to grid electricity. Competing electricity providers offer lower retail rates while still providing fair compensation for excess solar energy.

Alternatives To Almika Energy

Almika stands out for its solar buyback rate of 10 cents per kWh. That said, other Texas electricity providers offer competitive buyback rates with cheaper charges per kilowatt-hour when you need to rely on grid energy.

Green Mountain Energy, Reliant Energy and TXU Energy offer solar buyback plans with compensation rates from around 5 to 14 cents per kWh. Additionally, these companies charge retail rates between 14 and 19 cents per kWh, while Almika typically charges over 19 cents per kWh.

  • If you own solar panels but frequently rely on grid power, we recommend a plan with a low retail rate — even if the solar buyback rate is also low.
  • If your solar panel system generates a large surplus and your grid consumption is minimal, a plan with a high buyback rate is usually the best option. However, keep in mind that high buyback rates often bundle in high retail rates.

Retail Energy Provider

Our Rating

Customer Satisfaction Score

BBB Rating

TXU Energy

4.9

4.7

A+

Green Mountain Energy

4.9

5

A+

Reliant Energy

4.9

4.8

NR

TriEagle Energy

4.8

4.6

A+

Express Energy

4.8

5

A+

4Change Energy

4.7

4.8

A+

Discount Power

4.7

4.5

NR

Gexa Energy

4.6

4.2

C

Direct Energy

4.6

4.5

NR

Frontier Utilities

4.5

4

NR

Frequently Asked Questions about Almika Energy

Does Almika Solar have a cancellation fee?

Yes, Almika Solar charges an early termination fee (ETF) of $14.95 per each remaining month in your contract. This means you must pay $149.50 if you cancel 10 months early and $299 if you cancel 20 months early. However, you are exempt from the ETF if you switch your plan while moving to another address, regardless of the months left in your contract.

Does Almika Solar have a late fee?

Yes, Almika Solar charges a late fee of 5% on overdue balances. For example, if you owe a $200 power bill and pay late, the penalty is $10.

Is Almika Solar cheaper than Green Mountain Energy?

No, Green Mountain Energy offers solar buyback plans with retail rates between 15 and 19 cents per kWh in Houston and Dallas-Fort Worth. In comparison, Almika Solar charges over 21 cents per kWh in both metropolitan areas.

How do I lower my Almika Solar bill?

You can reduce your Almika Solar bills by minimizing your consumption of grid electricity. You can achieve this by adding a home battery to your solar panel system and storing electricity for nighttime use. Alternatively, you can increase the size of your solar panel system to earn higher credits from solar buyback. You can also make a few lifestyle changes to reduce your energy usage and cut down on your total monthly energy costs.

How We Rate and Review Texas Electricity Companies

With dozens of providers and hundreds of plans available in the deregulated Texas market, choosing the right one can feel overwhelming. We created a comprehensive rating methodology to help you cut through the complexity and find the best electricity plan for your needs, whether you’re moving to Texas or looking to switch providers.

We’ve researched dozens of Texas electricity providers and scored them out of 5 stars based on results from our 2025 energy survey of 1,600 Texans, scoring providers on customer satisfaction, experience and retention. Here’s how these core factors weighed into our ratings:

  • Customer satisfaction (30%)
  • Customer retention (30%)
  • Online experience (20%)
  • Customer experience (20%)