MP2 Energy: 100% Renewable Electricity Company

Are you on the lookout for power solutions that won’t further degrade the environment? When it comes to minimizing the impact of your energy needs on the planet, opting for renewable sources is an excellent decision. Among the various forms of renewable energy, solar power is one of the most accessible. 

Fortunately, plenty of power companies offer electricity coming from renewable sources. One of these electricity providers is MP2 Energy. If you want to save on energy rates, this electricity retailer might just help you with your goal. 

MP2 Energy

Based in Texas, MP2 Energy is a Retail Electricity Provider (REP) that offers energy plans with electricity from renewable energy sources. This gives Lone Star State residents access to electricity generated by solar panels and other clean and green energy suppliers. 

A Shell Energy North America Subsidiary, MP2 Energy has been an industry player for over a decade and is committed to helping the environment. It pushes this goal forward by providing alternative options to electricity from traditional sources, such as coal, oil, or natural gas.  

MP2 Energy is a full-service energy company that provides commercial and residential consumers with comprehensive power solutions and makes their customers’ needs and energy goals their top priority. 

Here’s what the power company offers that put it at the top of the list of choices when it comes to your electricity needs. 

• Environmentally friendly, 100 percent renewable energy plans 
• Competitive rates 
• A portfolio of fixed-rates plans 
• Various energy plans with varying contract lengths 
• Online and mobile accounts management 
• Energy consumption tools and tips 
• Customized small business and commercial plans designed to answer each business’s unique energy goals 

MP2 Electricity Plans

Renewable energy solutions are not only environmentally-friendly, but they have lower per kWh prices compared to fossil-fuel-sourced electricity in most instances. As such, MP2 Energy not only presents the best rates but gives you a chance to help nature as well. 

Power prices constantly fluctuate, sometimes from one minute to the next. MP2 Energy has a range of plans designed to minimize these sudden rate shifts. Their suite of customized electricity options and renewable energy solutions will help with your goal of saving on your power expenses. 

Here are some of the energy plans offered by the company. 

Fixed Rate Plans

MP2 Energy has a range of fixed-rate plans to choose from. This energy plan type has rates that are locked in for the contract’s duration regardless of electricity prices on the market. This means that the per kWh cost won’t vary even if power rates on the market surge or dip. As such, a fixed-rate energy plan allows you to work out your budget without worrying about sudden hikes in the power market. 

On the downside, you won’t enjoy lower per kWh rates if power prices on the market drop. 

Variable Rate Plans

In contrast with a fixed-rate energy plan where the per kWh price remains constant throughout the contract’s duration, the rates fluctuate in a variable-rate one. That’s because the rates in this energy plan type depend on the prevailing rates on the market.  

During times of low demand, which often leads to lower energy prices, you’ll pay cheaper energy rates. But when the price on the market skyrockets, so does your per kWh rate. Thus, the price you pay per kWh rate can change every month. 

A variable rate energy plan works best for those who don’t want to get tied down to a contract that often requires an early termination fee if you switch away from the plan or company before the agreement’s end. Fortunately, MP2 Energy has this type of plan on its list.

Index Plans

This type of energy plan combines some features of the fixed rate and variable rate plans. It’s similar to the variable rate energy plan because the price per kWh can fluctuate. However, unlike the variable-rate plan, an indexed energy plan follows a formula where the price of electricity is tied to a publicly available index, such as the cost of natural gas. 

Customers who opt for index plans should actively research and understand the variable index that serves as the basis for the energy rates. Hence, it requires a significant degree of research. 

MP2 Energy has a suite of index products to maximize value and provide flexibility. These products include the Index Adder and Percentage of Actual Read (PAR), which combines fixed-rate and index-based pricing.  

Prepaid Plans

If you want to avoid the hassles of a credit check and putting down a deposit, a prepaid energy plan might suit you best. MP2 Energy offers a range of these plans you can choose from. Also known as no deposit plans, these use a smart meter to keep track of your electricity consumption.  

Unlike other electricity plans, you don’t have to put down a deposit before getting electricity service with a prepaid plan. What you do is put money into your account, and MP2 Energy deducts the cost of your electricity consumption from it. You’ll need to top up the amount in your account as it gets used up. 

Commercial Energy Plans

Commercial energy plans are innovative electricity solutions for business customers with higher energy consumption than residential users. Because energy costs comprise a significant portion of overhead expenses, MP2 Energy has developed commercial energy plans with competitively priced energy rates.  

Business consumers can maximize savings opportunities as MP2 Energy customizes energy solutions to fit the varying power usage of different businesses.  

Renewable Energy Plans

Renewable energy plans provide electricity from self-replenishing sources such as wind or solar. Using this type of plan helps lessen your home or business’s carbon footprint because renewable energy sources often emit fewer greenhouse gasses than traditional electricity suppliers. 

With over 1.1 GW of solar generation capacity and 312 onshore wind turbines, Shell Energy North America sources a third of its generated power from renewable energy suppliers. MP2 Energy can help you transition to the use of renewable energy through its renewable energy certificate (REC) products that boast competitive prices. 

Natural Gas Plans

Natural gas is known as the cleanest burning hydrocarbon as it emits fewer toxic gasses than coal or oil. Thus, it is less harmful to the environment than other conventional energy sources. It accounts for 29 percent of the country’s power usage and heats around 50 percent of homes in the US. 

MP2 Energy excels when it comes to providing natural gas plans for business consumers. These plans are designed to meet each business’s energy goals and maximize savings. For example, its Heat Rate plans help business owners take advantage of downward shifts in natural gas prices on the market. 

Wholesale Energy Solutions

MP2 Energy offers wholesale energy solutions to several entities. These include power utilities, energy retailers, commercial and industrial consumers, global enterprises, community choice aggregators, and energy producers and generators. 

MP2 Service Areas

MP2 Energy aims to build the best renewable energy company by giving its customers the best rates, services, and plans. A mix of about 7,000 commercial customers and 8,217 residential customers, and 159 industrial accounts comprise their consumer base.  

MP2 Energy provides power to consumers across the nation. These areas include Texas, Pennsylvania, Illinois, Connecticut, Ohio, New Jersey, and Pennsylvania, among others. 

MP2 Solar Buyback Programs

One of the best ways to help the environment is by using renewable energy, such as solar power. Installing solar panels will let you harness the free energy from the sun and turn it into electricity to power your home. 

But your solar installation can sometimes generate more than enough electricity for your home. In such cases, you can sell the excess electricity to MP2 Energy. Through the company’s Solar Buyback Program, you can earn some money without much effort. Your solar panels will be your investment, as the amount of solar energy they generate will determine how much you get from the program. 

Solar Farms

A solar farm is a large-scale installation of solar panels or other means of harnessing the sun’s energy, such as concentrating solar systems. They differ from rooftop solar installations that generate electricity for individual homes or businesses. Also called solar stations and solar parks, they operate as power plants that provide electricity for many consumers.  

A 500-megawatt solar farm can power approximately 150,000 households as an average home typically consumes only around 4 kilowatts (kW) of electricity daily. This electricity can then go into powering home appliances and other equipment, such as an electric vehicles.    

In solar farms, solar panels are typically mounted on the ground instead of on rooftops. Although there’s no official requirement for the number of installed solar panels for the facility to be classified as a solar farm, a maximum output of 1 megawatt of solar electricity is a common standard. 

MP2 Contact Information

MP2 Energy is headquartered in Texas, and the company’s exact address is 21 Waterway Ave Suite 450, The Woodlands, TX. 

Here’s how to reach MP2 Energy: 

Phone Number: (832) 510-1030 

Website: www.mp2energy.com 

To get in touch with Shell Energy: 

• ERCOT business customers: email Shell Energy at [email protected] 
• Other business customers: email Shell Energy at [email protected] 
• Shell Energy Business Customers: call 877-238-5343, and choose option 1. 

FAQs

Conclusion

MP2 Energy can be a wise choice to reduce your home’s carbon footprint. This power company provides electricity from renewable sources, which helps lessen the greenhouse gasses that go into the atmosphere. 

However, turning to MP2 Energy for your electricity needs not only helps you save the planet but can also put a few bucks into your pocket because of the company’s affordable power rates. 

Updated on 04-02-23