Power Wizard | Rates, Plans, Reviews

Last Updated: May 28, 2025

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Leonardo is an energy consultant who specializes in solar photovoltaics, energy storage systems, electricity tariffs and building energy efficiency. He has participated in feasibility studies for projects funded by organizations like the Inter-American Development Bank, USAID and Nordic Development Fund.
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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Power Wizard is an online service that helps residential customers find the most suitable electricity plans in the Texas deregulated energy market. In other words, Power Wizard is not a retail electricity provider (REP), but rather a tool that helps you compare plans from multiple REPs, using data science and continuous market monitoring.

  • Power Wizard is available in deregulated areas of Texas, which cover about 85% of residential consumers.
  • It’s unavailable in regulated areas that municipal power companies or electric cooperatives serve.
  • Power Wizard is currently limited to residential customers and does not serve businesses.

While Power Wizard can help you choose an electricity plan, it comes at a cost. Its smart comparison tools can be useful if you’re new to the Texas deregulated electricity market. Home Energy Club also offers free plan comparisons by ZIP code and filtering options. We also have an in-house team of energy experts who continuously share buying tips and recommendations in our city guides and provider reviews.

What Is Power Wizard?

Founded in 2019, Power Wizard uses a smart algorithm to help you find suitable electricity plans for your home, based on factors like average monthly consumption and peak usage hours. Power Wizard is a paid service with two options available:

  • 60-Day Access Plan: $14.95 one-time payment
  • VIP Membership: $110 per year

Power Wizard searches through hundreds of electricity plans in Texas to find options that match your home energy needs. The service determines which plans can offer the lowest monthly bills based on your usage profile. The platform always asks for confirmation before enrolling you in a new plan or switching you from a previously recommended plan.

Power Wizard is owned by NextEra Energy, one of the largest energy corporations in the U.S. and a Fortune 200 company. NextEra Energy also owns two electricity providers in Texas: Frontier Utilities and Gexa Energy. However, Power Wizard claims to be provider-neutral when analyzing plans for your home.

How Does Power Wizard Work?

Power Wizard analyzes and filters electricity plans based on your ZIP code, home address and specific energy usage. You can enter your consumption data manually or link your electricity account to let Power Wizard access your historical usage. The platform then uses data science to evaluate hundreds of electricity plans and identify the most affordable options for your home.

Power Wizard does not automatically enroll customers in plans — you always make the final decision. However, the platform simplifies the process by comparing up-to-date electricity rates and highlighting the best deals. According to its website, Power Wizard protects you from deceptive rates, hidden fees and “pricing gimmicks.”

To subscribe with Power Wizard, you must provide your Social Security Number (SSN) and a credit card. The platform offers two membership options:

Membership TierPriceFeatures
60-Day Access$14.95 single payment
  • Smart energy plan comparison tools
  • Provider and plan recommendations
  • You handle the enrollment process
VIP Membership$110 per year
  • Smart comparison tools
  • Provider and plan recommendations
  • It handles plan enrollments
  • Ongoing market monitoring
  • Switching recommendations when you can save at least $100 per year
  • Recommendations when your plan is about to end

Is Power Wizard Worth It?

Power Wizard can be a helpful tool for homeowners new to Texas and unfamiliar with deregulated electricity, or if you don’t have the time to shop for energy plans. Its algorithm simplifies the selection process by analyzing your energy usage and recommending plans to reduce your monthly bills. The VIP Membership brings the added benefit of monitoring the market on your behalf and scheduling your plan renewals.

However, since Power Wizard is a paid service, membership fees consume part of its savings. If you don’t have experience comparing electricity plans, the 60-Day Access can help you identify the best options for your home at a one-time cost of $14.95. On the other hand, the VIP Membership only makes financial sense if the plans it chooses save you more than its $110 annual fee.

  • While the annual VIP plan tracks the best deals in the market, you still have to pay the early termination fee (ETF) to switch your current plan.
  • Some electricity providers have a flexible ETF, such as $20 per remaining month, while others charge flat fees ranging from $99 to $395.

Considering the annual fee of $110 and provider cancellation fees, you may not break even if you switch plans frequently with Power Wizard. 

At Home Energy Club, you can compare electricity plans by ZIP code and use advanced filters for free. By following recommendations from our energy experts, you can save on your total energy costs without paying for premium services. Here’s a quick example:

  • If you choose electricity plans without a careful comparison, you can end up with rates of around 17 to 20 cents per kilowatt-hour (kWh). If your average monthly usage is 1,000 kWh, this represents a $170 to $200 power bill.
  • By enrolling in fixed-rate plans during the low-rate periods of spring or fall, you can easily secure rates of around 15 cents per kWh. If you previously paid 17 cents per kWh and used 1,000 kWh, this represents annual savings of around $240.

Power Wizard Pros and Cons

Here are the main advantages and disadvantages of using Power Wizard:

Pros

  • Power Wizard filters electricity plans based on your home energy usage profile.
  • The platform offers a 60-day membership for $14.95.
  • Power Wizard suggests energy plans in advance when your contract is about to expire.
  • The annual subscription includes ongoing market monitoring and plan recommendations.

Cons

  • Power Wizard charges $110 for the annual subscription, reducing your overall savings.
  • If you switch to a recommended plan during an active contract, you still have to pay your current provider’s early termination fee (ETF).
  • The platform is not available for business customers.

Power Wizard Reviews

Power Wizard has a strong rating on Google, with an average score of 4.8 out of 5 stars, based on over 1,200 reviews as of May 2025. The company also receives mostly positive feedback on Trustpilot, with an average score of 3.9 out of 5 stars from over 250 reviews. Like many companies offering energy services in Texas, Power Wizard has a low rating of 1.67 out of 5 stars at the Better Business Bureau (BBB). However, this figure comes from only six reviews.

Customers often praise Power Wizard for simplifying the energy plan comparison process and its helpful customer service team. However, some users have reported issues such as being enrolled in plans with high cancellation fees or problems with credit card billing.

Should You Get Power Wizard?

Power Wizard is designed to eliminate the guesswork when choosing an electricity plan in Texas. By analyzing your energy usage and comparing dozens of plans in your area, the platform promises to find cost-effective options for your home. If you choose the annual VIP service, it also monitors the market continuously and suggests plan upgrades that can potentially save you more money.

While Power Wizard’s algorithm and customer support are helpful, the $110 annual fee can significantly reduce your total savings. Also, the platform may find and suggest deals while you’re in the middle of a contract, but this means cancellation fees that can exceed $150. In other words, you’re paying for something you can accomplish on your own with the right tools and expert guidance.

Power Wizard may be useful if you’re new to Texas or simply don’t have time to compare plans yourself. The one-time $14.95 membership could be a reasonable starting point if you’re unsure where to begin. However, for expert-backed recommendations and ongoing savings, Home Energy Club offers a free and reliable alternative.

Alternatives To Power Wizard

Power Wizard offers an innovative algorithm to compare electricity plans in Texas, but here are some alternatives that don’t require a subscription:

Home Energy Club

Home Energy Club displays electricity plans by ZIP code. Our platform offers the following features:

  • Displaying electricity rates based on home size
  • Displaying energy plans from specific providers
  • Ranking electricity rates from lowest to highest
  • Filtering plans based on features such as contract length and green energy

We also publish buying guides for specific cities and electricity providers across Texas, which include tips and recommendations from our in-house energy experts. Once you select a plan, we handle the enrollment process for you — we only need your address and contact details.

Power To Choose

Power To Choose is another electricity plan comparison website, managed by the Public Utility Commission of Texas (PUCT) — the state agency that regulates the electric sector.

However, if you use Power To Choose, remember that energy providers tend to publish many promotional short-term plans on the platform. These plans are usually available for new customers only and automatically switch you to higher rates when they expire. While these plans can offer savings for a few months, we recommend checking the expiration date before enrolling in any of them — if a plan ends in the middle of summer or winter, you’ll have to pick a new one when market rates are at their highest.

Self-Shopping at Provider Websites

Most electricity providers in Texas allow you to search for plans by ZIP code on their websites. However, this requires visiting different provider sites individually and comparing their options. At Home Energy Club, you can view and compare plans from top-rated providers in a single place, making the shopping process faster and simpler.

Frequently Asked Questions About Power Wizard

Power Wizard can be helpful as a one-time service for homeowners who don’t want to shop for an electricity plan or who are unfamiliar with deregulated energy. However, Power Wizard is a paid platform, and the value you get depends on how much you save compared with the subscription cost. You can achieve the same results using free alternatives like Home Energy Club, without the added fee.